Episode 154: Leverage In Accumulation, Nice Dinners And Mary Releases The Bees

<p>In this episode we address emails from Brandon, Scot, Junior, Tony and Chris.   We address using leverage in accumulation portfolios, thanks to Scot, how QYLD resembles a 1987 Chrysler LeBaron, the UPRO stock split (again), and sources of gold data.<br/><br/>Links:<br/><br/>Ben Felix Video About Leverage:  <a href='https://www.youtube.com/watch?v=Ll3TCEz4g1k'>Investing With Leverage (Borrowing to Invest, Leveraged ETFs) - YouTube</a><br/><br/>AQR Paper About Leverage:  <a href='file:///C:/Users/17033/Downloads/Alternative%20Thinking%20Why%20Do%20Most%20Investors%20Choose%20Concentration%20Over%20Leverage.pdf'>Alternative Thinking Why Do Most Investors Choose Concentration Over Leverage.pdf</a><br/><br/>Portfolio Visualizer Destruction of QYLD:  <a href='https://www.portfoliovisualizer.com/backtest-portfolio?s=y&amp;timePeriod=2&amp;startYear=1985&amp;firstMonth=1&amp;endYear=2022&amp;lastMonth=12&amp;calendarAligned=true&amp;includeYTD=false&amp;initialAmount=10000&amp;annualOperation=0&amp;annualAdjustment=0&amp;inflationAdjusted=true&amp;annualPercentage=0.0&amp;frequency=4&amp;rebalanceType=1&amp;absoluteDeviation=5.0&amp;relativeDeviation=25.0&amp;leverageType=0&amp;leverageRatio=0.0&amp;debtAmount=0&amp;debtInterest=0.0&amp;maintenanceMargin=25.0&amp;leveragedBenchmark=false&amp;reinvestDividends=true&amp;showYield=false&amp;showFactors=false&amp;factorModel=3&amp;portfolioNames=true&amp;portfolioName1=QYLD&amp;portfolioName2=QQQ%2FSHY+50%2F50&amp;portfolioName3=Portfolio+3&amp;symbol1=QYLD&amp;allocation1_1=100&amp;symbol2=QQQ&amp;allocation2_2=50&amp;symbol3=SHY&amp;allocation3_2=50'>Backtest Portfolio Asset Allocation (portfoliovisualizer.com)</a><br/><br/>The 1987 Chrysler LeBaron Convertible:  <a href='https://www.youtube.com/watch?v=watA8gyAooo'>1987 Chrysler LeBaron Indy Pace Car Convertible - YouTube</a><br/><br/>Chris&apos;s Bogleheads Link:  <a href='https://www.bogleheads.org/wiki/Simba%27s_backtesting_spreadsheet'>Simba&apos;s backtesting spreadsheet - Bogleheads</a></p><a rel="payment" href="