"Hey Fitz, I looked and cannot find FoxV's comments concerning SDS...."
just noticed that as well. Maybe they were deleted because I was insulting to Extreme sportists, or perhaps to high margin daytraders, or maybe both. In anycase I'll sum up.
Ultra funds: - VERY VERY volatile, not for the faint at heart - In USD so will depreciate with the USD - If S&P goes up from inflation, Ultra funds (lose price + lose value) X 2 -use leverage and derivatives so have "Counter party" risk (Big concern in my book)
best investments for our current times is commodities and foreign countries with good economies.
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"Hey Fitz, I looked and cannot find FoxV's comments concerning SDS...."
Jul 07 13:37 pm
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All Comments by FoxV »The World's Revenge [View article]
just noticed that as well. Maybe they were deleted because I was insulting to Extreme sportists, or perhaps to high margin daytraders, or maybe both. In anycase I'll sum up.
Ultra funds:
- VERY VERY volatile, not for the faint at heart
- In USD so will depreciate with the USD
- If S&P goes up from inflation, Ultra funds (lose price + lose value) X 2
-use leverage and derivatives so have "Counter party" risk (Big concern in my book)
best investments for our current times is commodities and foreign countries with good economies.
Good Luck all