All investing or trading is an educated guess, it is all still making a bet on what stock, commodity or the market will do. If we were in Las Vegas it would be educated gambling. I have personally had JDST, JNUG, DUST and NUGT in my portfolio. I and others I know trade these types of investments, some doing it as day traders for at least the last 5 years. When the next recession hits, it would be very nice to be in an inverse fund. In short, there are many uneducated and foolish people in the world and losing money is part of the education (did you protect the people who lost everything when property values dropped in 2006}, please stay out of my portfolio and choices, I may need a mentor (I have one} but I don't need a Nanny.
Stephen Page Comment On Regulatory Notice 22-08
All investing or trading is an educated guess, it is all still making a bet on what stock, commodity or the market will do. If we were in Las Vegas it would be educated gambling. I have personally had JDST, JNUG, DUST and NUGT in my portfolio. I and others I know trade these types of investments, some doing it as day traders for at least the last 5 years. When the next recession hits, it would be very nice to be in an inverse fund. In short, there are many uneducated and foolish people in the world and losing money is part of the education (did you protect the people who lost everything when property values dropped in 2006}, please stay out of my portfolio and choices, I may need a mentor (I have one} but I don't need a Nanny.