Ultrashort Emerging Markets Should Come with a Warning Label [View article]
Perhaps the warning label should read: "WARNING - Always set a trailing percentage stop order when buying this ETF". Then when the fund peaks and drops 40% one day, then drops 25% the next day, you will get out with some of your gains. In this highly volatile market, this is more of a trading play than a buy and hold investment. Sure, you will pay short term capital gains rate, but if you make 100% in two weeks, you can afford it. Then wait a few days and do it again. I have no shame about making trading profits. Disclosure: I am accumulating EEV.
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Latest | Highest ratedUltrashort Emerging Markets Should Come with a Warning Label [View article]