Risk is associated with everything in life, such as driving a vehicle, going to college or entering the workforce, or even accepting a job promotion. We make decisions such as requiring auto or home owner insurance. If I already understand the amount of risk of my investments, I do not need an exam to tell me how to invest. By maximizing my return on a diversified leveraged fund (such as UPRO - 3X S&P 500), it allows a small part of my portfolio balanced towards different growth potentials. I do also completely understand the amount of loss that can occur, but I am investing for the long growth run using a diversified approach.
Benny Lau Comment On Regulatory Notice 22-08
Risk is associated with everything in life, such as driving a vehicle, going to college or entering the workforce, or even accepting a job promotion. We make decisions such as requiring auto or home owner insurance. If I already understand the amount of risk of my investments, I do not need an exam to tell me how to invest. By maximizing my return on a diversified leveraged fund (such as UPRO - 3X S&P 500), it allows a small part of my portfolio balanced towards different growth potentials. I do also completely understand the amount of loss that can occur, but I am investing for the long growth run using a diversified approach.