Richard Scheeringa Comment On Regulatory Notice 22-08
RICHARD SCHEERINGA
N/A
1st of all I was a 30 yr account executive/financial advisor. inverse and leveraged investments are an important tool to counter volatility in your portfolio during extreme market conditions and over valuations. As I have seen in the past that 10 years of earnings can be erased in 2 months. We need these funds to insure our financial well being especially in retirement years. We can't survive on low rate bonds and CD's, so we need to invest in an intelligent way and need these tools!
Richard Scheeringa Comment On Regulatory Notice 22-08
1st of all I was a 30 yr account executive/financial advisor. inverse and leveraged investments are an important tool to counter volatility in your portfolio during extreme market conditions and over valuations. As I have seen in the past that 10 years of earnings can be erased in 2 months. We need these funds to insure our financial well being especially in retirement years. We can't survive on low rate bonds and CD's, so we need to invest in an intelligent way and need these tools!