As an institutional and self-taught individual investor, I have utilized leveraged and inverse funds successfully for twenty-five years. I believe them to be a valuable strategic/tactical portfolio option. While I agree that knowledge of these complex products is imperative, the ability and willingness to self-educate or receive training is too readily available to require an onerous process to qualify. With such an approach, I may not have had access for years before I began working with brokers.
Johann Redd Comment On Regulatory Notice 22-08
As an institutional and self-taught individual investor, I have utilized leveraged and inverse funds successfully for twenty-five years. I believe them to be a valuable strategic/tactical portfolio option. While I agree that knowledge of these complex products is imperative, the ability and willingness to self-educate or receive training is too readily available to require an onerous process to qualify. With such an approach, I may not have had access for years before I began working with brokers.