Now that there is a wide range of leveraged mutual funds and ETFs that track a lot of the indexes, I was thinking about doing the following:-Take whatever portion of my portfolio is in equities, sell them all and buy leveraged (3X) ETFs. I would buy 1/3 of what the allocation is. -Take the other 2/3 of the money and buy things that don't move in lockstep with the equity market. This could be CDs, bonds, treasuries, GNMA or whatever.It seems that my total return over the long haul will be considerably higher than just putting it all in a straight index fund since I have 2/3 of the $$$ earning interest/dividends while the 1/3 gives the same exposure to equities. Am I missing something? I know there are higher expenses in leveraged funds, but they are still pretty low in the ETFs. I know that these leveraged ETFs also only track 3X the daily rate and will vary over time.