u/Infamous-Ad625

▲ 7 r/LETFs

UPRO what happens if the spy loses 34% in day?

Hello! Just learned about UPRO recently with upsides and been reading into the glaring downsides as well. As a long term strategy what happens if you say invest $10,000 in UPRO one day and the spy drops 34% or more the next day? 34% x 3 would be a 102% loss, correct? Would that mean the entire $10,000 is down to 0, it can’t be right?

Is there safeguards built into place in UPRO that would stop a total loss of money going down to $0, I assume there is.

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u/Infamous-Ad625 — 12 days ago
▲ 1 r/Fijian

Honeymoon options for transfers

Hello! Bula!

We are planning our first ever trip to Fiji and can't wait. It will actually be for our honeymoon the first 2 weeks of September. We wanted to experience both 1 resort for about 3 nights in the Mamanuca islands and one resort for 3 nights in the Yasawa islands but realized that the shared transfers don't go between the islands on the same day. Are there good private options that aren't crazy expensive between the two? We were considering Sheraton Tokoriki for 3 nights so we could day trip nearby and going straight to Paradise Cove after but I noticed South sea cruises doesn't have that option.

Could anyone advise? Thanks in advance

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u/Infamous-Ad625 — 14 days ago