52% Annual Gains With UPRO GROWTH Strategy
It’s amazing how many people hand their retirement money over to a stranger to manage on the promise of a 20% gain only to find out it was a Ponzi scheme and their money is gone.
Here is a strategy that takes less time to do than handing money to a stranger and yet has returned an annual gain of 52%! If you can push a button two times, it could be you gaining 52% annually.
There Are Two Things You Need To Do This
- You will need to BUY and HOLD the ETF, UPRO
- Most importantly, the markets need to be at the beginning of a BULL market
UPRO Returns 3X What S&P 500 Returns!
To see how powerful this simple buy-and-hold strategy is, UPRO was released to the public on June 25, 2009. Right after the markets had begun the next BULL market. UPRO closed that $7.17 (adjusted for dividends and splits). As of this writing (October 2015) the bull market has come down to it’s last breath and it’s time to exit the Bull Market Growth strategy. UPRO sits at $67.17 for a total gain of 837%! That comes out to an annual gain 52% a year for the last 6 years.
Compare UPRO’s return that to the S&P 500 which only went up 127% over the same time period giving the S&P an average annual yield of 16.7% over the same time period.
This whole strategy is based on knowing when a bull market is about to end (to exit UPRO), and knowing when a bear market is about to end (to buy UPRO).
Currently the bull market has been raging for 6 and a half long years. It’s showing signs of an end. I would not do this strategy today. I would wait for the end of the bear market (they usually last about 1 to 2 years) which would put us around 2018 before we can profit from this strategy again.
I do not recommend you buy and hold the counterpart, SPXU during a bear market. I know it sounds logical, it’s the opposite of the UPRO Growth Strategy, so it should do well while UPRO does bad. Unfortunately, the inverse or contra-etf’s don’t perform as well because the ways used to produce their gains. I have found that they can go down even when the markets drop. Be wary of them.