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CrazyDonkey

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CrazyDonkey

Re: investorwisdom post# 5234

Tuesday, 07/01/2014 8:30:43 PM

Tuesday, July 01, 2014 8:30:43 PM

Post# of 63744
Well, if you had invested in BAA and NUGT two years ago and held until now, your BAA investment would be down 87%, but your NUGT investment would be down 92%. Of course, we're not investing two years ago...

NUGT is, of course, a good deal more volatile than BAA, which is plenty volatile itself, which means the shorter the timeframe, the more inconsistent (and meaningless) the comparison.
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