four
5,087 posts
msg #146006
- Ignore four |
1/11/2019 7:43:35 PM
Well, you’ve got two weeks left to do it because as of January 22 Vanguard will no longer accept purchases in leveraged or inverse mutual funds, exchange-traded funds or exchange-traded notes, the company announced Tuesday.
https://www.fa-mag.com/news/vanguard-to-end-trading-of-leveraged-and-inverse-funds-on-its-platform-42668.html
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scottoddscom
26 posts
msg #146015
- Ignore scottoddscom
modified |
1/12/2019 2:22:36 PM
Seems a bit ridiculous of Vanguard to tell us how we should invest our money. At least give us the option. What's complex about 2x or 3x and why can't those be bought and held like any other ETF? I smell something fishy here.
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Mactheriverrat
3,153 posts
msg #146016
- Ignore Mactheriverrat |
1/12/2019 3:16:36 PM
Well don't use Morgan Stanley - FUC&$#g Crooks!
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scottoddscom
26 posts
msg #146049
- Ignore scottoddscom |
1/14/2019 12:03:10 PM
Looks like a lot of them are going down the tubes...
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four
5,087 posts
msg #146104
- Ignore four
modified |
1/16/2019 4:02:45 PM
https://sl-advisors.com/lose-money-fast-with-levered-etfs
But prospectuses routinely warn that leveraged ETFs will probably decline to zero over time, which means the average holder will lose money.
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