Warning: Leveraged and Inverse ETFs Kill Portfolios
Too many people are making sucker bets with these products.
01-22-09 | 12:13 PM
Paul Justice is an ETF strategist with Morningstar.
If you’ve ever purchased an ETF labeled as Ultra, 2X, Double Long, or Inverse, please read this article. It will take only a few minutes of your time, and it [...]
Warning: Leveraged and Inverse ETFs Kill Portfolios
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Banks etc in the S&P500 causing the major decline in the market; in addition, the major selloff in commodities has caused the whole S&P500 energy sector, XLE, to decline too !