I'm just a retail investor, I don't make a whole lot of money but investing in one of the only places that provides return on savings as opposed to hoarding cash. I don't want to dabble in shorting because it's too risky for small investors, these leveraged funds help provide a safety net for my savings. Honestly if you don't want to rapidly raise interest rates so savings accounts actually pay interest you need a way for middle and lower income people to somewhat safety earn return on their savings and right now leveraging the markets is really the only alternative.
Justin Plourde Comment On Regulatory Notice 22-08
Hi,
I'm just a retail investor, I don't make a whole lot of money but investing in one of the only places that provides return on savings as opposed to hoarding cash. I don't want to dabble in shorting because it's too risky for small investors, these leveraged funds help provide a safety net for my savings. Honestly if you don't want to rapidly raise interest rates so savings accounts actually pay interest you need a way for middle and lower income people to somewhat safety earn return on their savings and right now leveraging the markets is really the only alternative.