All Forum Posts by: Aaron S.

Sounds reasonable. While a money market is super-safe, it's super-weak to inflation. S&P500 ETFs like you mentioned is probably where I should start parking funds.

Both my girlfriend and I are eligible for VA loans so buying another house in the future to use as a primary residence is appealing, but like I mentioned before we *love* the new house and I don't see us wanting to move anytime soon.

 Thank you! We actually love the house and won't want to move for a for years. The lot next door is empty, however, so we may purchase that and build on it or something. I am not exactly sure what to do there but there is potential for SOMETHING.

Thanks gentlemen for your input. I definitely did not think leveraged ETFs would be well-received here (especially "against" real estate), but does anyone have specific ideas for what they would do if they were in my situation? I understand you all do not like investing in securities but what can I do NOW to help myself? Happy to provide more pertinent info if needed.

33, salary 95k, MCOL area. $4,000 in credit card debt and I pay $400/mo child support. Other income is ~$300 in disability income and ~$250 from teaching Brazilian Jiu-Jitsu on the side.

live with girlfriend who makes ~80k but we keep finances separate.

Goal: Build as much wealth as possible before retirement in ~25 more years

In Jan 2022, total net worth was 350k. Since market downturn, and heavy investment in leveraged ETFs (TQQQ and SOXL) I have lost 30-40% of my net worth.

Also sold at a loss due to buying a house and needing closing costs and down payment funds. Sold ~$15,000 worth of securities at ~50% loss. It physically hurts to think about.

Put $15,000 down on a $440,000 house. We will be house hacking, so between my girlfriend and 2 roommates my total monthly housing cost will be $300-400/mo.

I have been putting in Roth contributions to TSP around the tune of $1,000/mo. After Roth contributions and other deductions, my net pay is ~$2,200 every 2 weeks.

I am tempted reduce TSP contributions in favor of putting that money into leveraged ETFs at steep discounts. Although the TSP is down, it isn't down nearly as much as TQQQ and SOXL. Returning to previous ATHs would result in ~100% returns over however long that takes. I could begin DCAing into TQQQ/SOXL instead of the TSP so if it continues to go down, World War III happens or whatever I can just keep DCAing in. This should result in higher returns (MUCH higher returns) when the market returns to previous ATHs.

Of course there is always the risk of leveraged ETFs folding up but TQQQ is pretty massive. I don’t know how big SOXL is.

Although my living expenses will be super low and I should be able to throw a lot of money back into the market, the house also needs some upgrades (a backyard fence/gate, window treatments) to the tune of ~$5,000.

Any advice would be greatly appreciated.

***In retrospect I probably should have taken out a TSP loan instead of selling my leveraged ETFs at such a huge loss. Live and learn.