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Jason Zweig: Are You Really Crazy Enough To Buy A Quadruple-Leveraged ETF?

TedTed
in Fund Discussions
FYI: (This is a follow-up article.)

Until this past Wednesday, the S&P 500 had gone for 15 days in a row without moving up or down by more than 0.5% — the longest such streak, according to WSJ Market Data Group, since February 1969. Then the index snapped down 1.8% on the political turmoil in Washington.

At the same time, the Securities and Exchange Commission is reconsidering its approval of a pair of exchange-traded funds that would seek to quadruple the daily returns on U.S. stocks. That decision isn’t expected right away. But a closer look at these funds shows how easy it is for investors to get scorched when they play with fire — and how hard it still can be to get the information you need on risk.
Regards,
Ted
http://jasonzweig.com/are-you-really-crazy-enough-to-buy-a-quadruple-leveraged-etf/

Comments

  • VintageFreakVintageFreak
    I think market knows there are enough crazy people, so yeah. I'm going to stay underinvested if this bull market continues for next 5 years, except for my retirement accounts where I tend to be fully invested.
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