Hi Haejin,

I like the idea of this strategy and will be investigating it further, however I'm based in Australia, not US. The platforms I can use at the moment don't have SPXL, ZIV, TQQQ, or TMF available.

They don't do leveraged ETFs, and only 'big enough' ($1B+ under management/<$1B with 3 month average daily volumne > $0.5 mill).

Your alternative 'less aggressive' suggestions (SPY and TLT) are available to me, but I'd still be missing ZIV. I'm assuming this 'less aggressive' option only requires 3 ETFs, with none replacing TQQQ.

Could you provide some guidance?

My questions:

1. Would a 'less aggressive' portfolio of SPY and TLT still work well, or does it need TQQQ and/or ZIV to work?
2. Is there another ETF you can recommend in place of TQQQ and/or ZIV, to go with SPY and TLT?
3. It may be a bit of a stretch to ask for ETF recommendations in the Australian market (ASX), so could you outline how an ETF can qualify for this portfolio, so I might try and identify my own set of Australian ETFs to consider?

Thanks for your time.