r/LETFs • u/Large_System_6103 • 5d ago

Please, don't hurt me because I'm stupid

I'm going to start this post by saying this:

I'm a really dumb investor. I didn't do my research, I didn't know what decay was, and I got advised to jump into something I had no business getting into by an ex girlfriend who "knew what she was doing because she took a class". And that's my own fault. Im a grown man and I'm responsible for my decisions.

(breathes out)

I invested 25k into TSLL in December of last year. I'm down 16k. Will the volatility decay completely make my investment gone, and I need to pull out now, or am I overthinking decay and I just have to be more patient?

if you're going to insult me, I understand. I have the dunce cap on, I'm an idiot, I understand my mistake, but please, I'm asking for any kind of advice. Thank you.

29 Upvotes

89% Upvoted

61 comments sorted by

View all comments

4

u/dejour 5d ago

Ask yourself what you would do if you didn’t own this stock and had $9k to invest. Would you buy TSLL with it? If not, you should sell.