I have invested in leverage funds for over 10 years. Most of my holdings have been buy and hold. It has enhanced my wealth to a point that I now donated these shares to charitable organizations due to the appreciation. I feel this form of investment is less risky due to it's diversification than to put leverage in buying a house that is leveraged 5 - 1 and the on going expenses of maintaining a house along with it's taxes. To use margin at a brokerage is also very much more expensive.
Gregory Hall Comment On Regulatory Notice 22-08
I have invested in leverage funds for over 10 years. Most of my holdings have been buy and hold. It has enhanced my wealth to a point that I now donated these shares to charitable organizations due to the appreciation. I feel this form of investment is less risky due to it's diversification than to put leverage in buying a house that is leveraged 5 - 1 and the on going expenses of maintaining a house along with it's taxes. To use margin at a brokerage is also very much more expensive.