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.
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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.