I know what's best for me and my family, I don't need restrictions
I vehemently oppose restrictions from Regulators such as FINRA whom I consider bureaucrats to limit my ability to invest in Leveraged ETFs. I have utilized 3X Leveraged ETFs for over a decade with tremendous success that has enabled me to amass millions in capital gains and has allowed me to retire comfortably. I do not want an investment "nanny" to tell me how I want to
I want to continue to buy leveraged and inverse fund.
To Whom it May Concern at FINRA,
Ive invested in leveraged and inverse products for a long time. Over that time, Ive developed personal expertise and bespoke strategies attuned to my risk comfort level and funds.
Im depending on this as a way to fund my retirement. My investments from leveraged and inverse funds will supplement (not supplant) income from traditional IRAs, 401(k)s, and Social
Leveraged funds are important to my investment strategy. I diversify my investments in the market as a whole and use leveraged funds to boost my returns. If I am able to invest in the S&P, I should be able to leverage that. I am well informed on how the leverage products work including decay. I implore you not to limit my ability to invest as I see fit.
I am a CFA charter holder and 25 years old, I hold a diverse portfolio within my company 401k plan which aligns itself with industry standard long term investing portfolios. The amount I place in my 401k is appropriate to ensure that I retire with adequate resources, even when using conservative forward looking estimates on asset class returns.
I consider my investment in UPRO and TQQQ to be
There is no reason to impose this restriction. Investors are already accepting risks when opening an account and imposing harsher restrictions only serves to make average investors have bigger hurdles to cross when it comes to returns over a long period of time. The free market should remain free, passing an arbitrary test does not mean someone is a better investor.
Stop putting more
I oppose restrictions on my right to invest in leveraged funds and inverse funds. I should be allowed to select the investments that are right for me. Public investments should be available to everyone. I should not need to undertake any special process before I can invest in leveraged funds and inverse funds. I understand such funds and their risks. Leveraged funds and inverse funds are small
Adaptation of the Chinese method of controling the individual investors?!
