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Ben Carlson: The Ups & Downs Of Leveraged ETFs

FYI: A friend recently asked for some advice about his investment portfolio. He told me he’s considering a strategy that would involve dollar cost averaging into leveraged ETFs such as the ProShares Ultra S&P 500 3x Leveraged ETF (UPRO).
Regards,
Ted
http://awealthofcommonsense.com/2017/07/the-ups-downs-of-leveraged-etfs/
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