I have made a great deal of money over the years investing in leveraged funds. -- I regard them as an excellent long term investment vehicle. As one example, the TQQQ ETF fund from Proshares, has had an average annual return of 40% over the last 10 years! So long as there are adequate risk disclosures, and there already are such disclosures, I feel strongly that any investor should have the
I should have the right to invest money as I see fit. I use SSO and cash positions to help me automatically balance my investments. Since SSO is approximately 2*SPDR, I put 1/2 in SSO and 1/2 in cash. This is basically equivalent to SPDR. BUT, if the market goes down, more ends up in the cash position, and if the market goes up, more ends up in the index position. This way I don't have to
This rule is unfair and biased against all people who are not already wealthy and have cheated the system to become more wealthy. Everyone should be allowed to participate in all facets of our economy or else we are not a free and fair democratic capitalist society. We would be an oligarchy that allows on the wealthy to benefit from the highest earning investment opportunities. This rule is
