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Bruce Painton Comment On Regulatory Notice 22-08

Bruce Painton
N/A

Please continue to let the small retail investors trying to build their retirement funds when the markets begin to fall, continue to trade inverse and multi-leveraged funds. IRA accounts are not allowed to short stocks and can't get margin for shorting so when markets go down so fast and stops are not always in place, we become "bag holders" in many good company stocks but because the market trend is down at the time and we would have big losses if we sold as prices fall. To hedge our portfolios we can either use options or buy inverse ETF's. Options are much harder to trade but using SDS for the S7P 500, SQQQ for Nasdaq stocks and TZA for the small cap Russell 2000 stocks is straight forward and great hedges for a falling market. Since many large market fluctuations occur because of FED policies combined with government overspending, the small retail investor needs a boost to compete with the Wall Street whales with their algorithm programs and Congressional Representatives who have inside information and make hundreds of thousands and even millions.So inverse funds and leveraged funds are essential for the small trader to compete with the billionaires!