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The Danger of Leveraged ETFs

There is a tremendous misconception that leveraged (double, triple, long or short) ETFs are to be used as long-term investments.  On the surface they make a lot of sense.  You want to hedge your stock portfolio, for instance, you buy a double short ETF of the market SDS (double short of S&P 500) or QID [...]

April 30, 2009 | Posted in The Process All | Read More »

Recently Commented

  • Capitalistic: Great article.
  • Mike Derbyshire: With respect to your last line – yes – anyone can make a mistake – however –...
  • jason klein: Good article. Your book rocks.
  • David: Vitaliy, As a firm that currently does not own AAPL for clients, I thought this was an excellent article....
  • goatwig: Great piece except the part about “short run stock movements are random and require no skill to...