Steven Heimowitz Comment On Regulatory Notice 22-08
Steven Heimowitz
N/A
Hi,
I use leveraged products as a part of my portfolio allocation.
I dont know if you have read the 2008 paper by Yale researchers Ayres and Nalenluff titled, Life-Cycle Investing and Leverage: Buying Stock on Margin Can Reduce Retirement Risk.
In this paper, they detail how the use of leverage in stocks for young investors can REDUCE the risk those investors will not have enough in retirement.
Especially for young investors like myself (aged 22), leveraged products CAN be a part of a carefully balanced portfolio, especially for those with an investment horizon of 40+ years.
I hope you take this into account in your decision-making process.
Steven Heimowitz Comment On Regulatory Notice 22-08
Hi,
I use leveraged products as a part of my portfolio allocation.
I dont know if you have read the 2008 paper by Yale researchers Ayres and Nalenluff titled, Life-Cycle Investing and Leverage: Buying Stock on Margin Can Reduce Retirement Risk.
In this paper, they detail how the use of leverage in stocks for young investors can REDUCE the risk those investors will not have enough in retirement.
Especially for young investors like myself (aged 22), leveraged products CAN be a part of a carefully balanced portfolio, especially for those with an investment horizon of 40+ years.
I hope you take this into account in your decision-making process.
All the best,
Steven Heimowitz
Investor,
Age 22