Jonathan Swift

Investors Fled out of Leveraged ETFs at Exactly the Wrong Time

Anyone who bought $10K of BGU (2X leveraged high cap ETF) in March is sitting on about $30K profit now about 6 months later. I did that with about $15K. Six months is just a little bit longer than 1 day.


On Sep 13 08:34 AM Brian O'Flanagan wrote:

> in the long run, the value of all leveraged ETFs will go to zero.
> They are never an appropriate investment for anybody with a holding
> period longer than 1 day.