Well as usual the government is over reaching. It is okay to risk my money in the market as long as I am losing money. If I take position that I feel will make me money the government steps in and wants to make sure I do not. You still get your "cut" in taxes! Anyway, I still run the same risk that the market will go up and wipe out my short position. I do not need the
Comments:IF it ins't broke don't fix it. I am 77 and invest solely in inverse leveraged ETFS. What are the alternatives? Puts where I can lose all my money in a matter of hours or a short sale where I face unlimited losses?If I can't invest in inverse leveraged ETFS, then no one should and you can just make them extinct. My guess is Wall Street has a poor record of recommendations
Leveraged ETFs and inverse ETFs give individual investors reliable tools with which to hedge against market downturns. The leverage on the short side for inverse ETFs allows them to hold a smaller position against existing longer-term holdings as a hedge in the same manner that professionals use futures to achieve the same goal. On the long side, they allow investors to participate in market
Hi FINRA Committee Members, I don't believe it is fair that you are trying to regulate leveraged and inverse funds. I understand the risks in using them, and have used them successfully in the past. I find them to be easier trading vehicles than using options and I use them as a way to keep my portfolio hedged and to play short term swing trades during uncertain times. If others don't
I am opposed to adoption of Rule #22-08. I am not a big time investor, but I invest consistently and I think wisely using Proshares leveraged ETFs among others. I understand the long term risk of investing in these ETFs and usually do so for the very short term, I believe my participation makes for a more liquid market which I believe is the reason this country operates a capitalistic system, In
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I have been trading in Leveraged and Inverse ETFs (TQQQ, SQQQ, and similar instruments for DOW and S&P500) for over 3 years. I use these instruments as part of my overall investment strategy to hedge and smooth my investment returns, but they only represent a small fraction (1-2%) of my total portfolio. I do not believe that any special knowledge is required to buy/sell these
My husband and I have been investing in the market for 22 years without a personal broker. I feel public investments should be available to all of the public,
I invest in stocks and options and I hedge my funds with Leveraged/Inverse Products, including ETF (Proshares Long and Short). I write covered calls on my stocks and ETFS to protect my accounts from the downside in the market and rely on
Do you remember the tax act of 1986, it took back what was granted to investors in the 1981 tax act and slammed the entire economy into reverse for about five years. This is the same kind of action.
I would not use inverse ETFs, or short market.
I keep the exposure as s small portion of an overall portfolio, and have a large cash balance. So, using these, I can keep cash % larger.
Biggest single
Please do not restrict my usage of specialized market products. I use leveraged products to reduce the risks of my family's investments in many other securities. In times of war, such as now, and high market volatility, such as now, and high inflation, such as now, and irregular FED activity, such as now, I need these leveraged products to secure the future of my family. I am just an
