I have used leveraged and inverse ETFs regularly and profitably during the market correction of the last 6 months. If not for the profit that I have made by using these ETFs as a very effective hedging tool, the value of my stock portfolio would have plummeted by more than 30%. But with the use of these leveraged and/or inverse ETSs as hedges, the overall value of my portfolio has gone up, not down in the last 6 months. The government has already taken away more than enough of my privacies and freedoms. I guess that Big Brother is not going to be happy until all of you have become a bunch of Putins!
David Gray Comment On Regulatory Notice 22-08
I have used leveraged and inverse ETFs regularly and profitably during the market correction of the last 6 months. If not for the profit that I have made by using these ETFs as a very effective hedging tool, the value of my stock portfolio would have plummeted by more than 30%. But with the use of these leveraged and/or inverse ETSs as hedges, the overall value of my portfolio has gone up, not down in the last 6 months. The government has already taken away more than enough of my privacies and freedoms. I guess that Big Brother is not going to be happy until all of you have become a bunch of Putins!