Paulo

Long Term Investors Should Avoid Leveraged ETFs

But reality is that if, when it was clear that there was trouble ahead a year ago last summer, you had deployed leveraged short ETFs to protect your account (and yes they are a pain in the ass and few who have used them have any great enthusiasm for them) you would have lost less than Harvard's Endowment Fund and many hedge and mutual funds.
No doubt there are those who will respond that they lost their entire inheritance.