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Some Funds Win When Others Lose. But When the Others Win

FYI: In a shaky stock market, you may be enticed by funds that promise to make money whenever stocks fall.

There is a group of funds that actually fulfill this claim. Yet most people should beware: They are definitely not recommended for the casual investor.

They are called inverse exchange-traded funds, and as their name implies, their value moves in the opposite direction of their benchmarks. When the stock market rises, they fall; when the market falls, they rise.

In addition, some of these funds are leveraged, which means that they bet against their benchmarks by a factor of, say, two to one or three to one.
Regards,
Ted
https://www.nytimes.com/2019/01/11/business/inverse-exchange-traded-funds.html
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