10-28-2011, 11:42 AM
Anyone see this article?
http://www.marketwatch.com/story/leverag...ry_popular
Of course, he is stating the obvious. Of course triple leveraged etfs are a horrible long term investment. That's not what their intended use is, and if people are holding them long term, well..A fool and his money are soon parted. Outlawing them? How about treating people as adults and letting them make their own decisions about their money?
http://www.marketwatch.com/story/leverag...ry_popular
Of course, he is stating the obvious. Of course triple leveraged etfs are a horrible long term investment. That's not what their intended use is, and if people are holding them long term, well..A fool and his money are soon parted. Outlawing them? How about treating people as adults and letting them make their own decisions about their money?