New Direxion Triple Leverage Funds: Proceed with Caution [View article]
It's about time someone came along and offered Joe Investor more leverage. That's been a huge problem for so long, not enough leverage!
Sophisticated and professional money managers use futures, not 3x leveraged ETFs.
Not that I'm opposed to these funds, but let's call them what they are... a gambling vehicle for small investors who think they're "sophisticated". Most people wont cut their exposure by 3 with these things.
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It's about time someone came along and offered Joe Investor more leverage. That's been a huge problem for so long, not enough leverage!
Nov 07 11:02 am
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All Comments by DVW »New Direxion Triple Leverage Funds: Proceed with Caution [View article]
Sophisticated and professional money managers use futures, not 3x leveraged ETFs.
Not that I'm opposed to these funds, but let's call them what they are... a gambling vehicle for small investors who think they're "sophisticated". Most people wont cut their exposure by 3 with these things.