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@shafik
Yeah, I hear that “not to be held long term” a lot. Per downthread, AFAICT there are only two reasons for this: (1) ETFs have very high overhead, so the stock has to go down a •lot• for them to pay off, and (2) who expects a stock to keep going down long term??

But, again AFAICT, if you are willing to bet on steep long-term decline, then there’s nothing wrong with holding them long term. It’s usually a losing bet, but it’s not illegal or something.