A.I.M. Users Bulletin Board

[ls7550]

Hi Toofuzzy.

A couple of years back I started with XIV as a form of 5x. That is variable 1.5x to 8x type range. It was shouting value (20% 5x, 80% bonds lagging SPY) and I held up to pre-xmas 2017 year end before ejecting after a couple of years of great gains. I've been on the hunt for 'value' elsewhere and so far with little success, but after todays (current) -84% XIV decline ... looking for volatility to calm (volatility clusters) and a re-entry again. Perhaps mid Feb - Dec 2018 gain could prove to be a lot better than the full years loss :)

I don't trade/AIM it, just buy and hold for the year so that downside losses are limited to 20% less whatever 80% bonds earn.

Regards. Clive.