If the s&p 500 is so safe long term why not buy leveraged shares?

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Everyone says they that it's basically impossible to lose money on the s&p500 if you hold for 30 years. Then I came across ticker 5SPY that is a 5x leverage version of the s&p 500. My question is why not hold the leveraged version for 30 years and make 5x the returns?

submitted by /u/laffaw
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