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Maria Kenny Comment On Regulatory Notice 22-08

Maria Kenny
N/A

Use of Inverse and Leveraged ETFs are great for investors to use when the markets are not functioning properly, perfect for late 2021 and now 2022. ETFs are common, simple, even teenagers understand how to use them.

Planning for retirement in a bear market is difficult in the best of times. When we hit a bear market, or a crashing market at the age of 60+, with inflation over 8%, certainly we cannot accept cash or interest rates as an investment tool.

Hedging is the best tool for a person close to retirement to weather a bear or non-functioning market. Any idiot off the street can learn how to use these ETF tools. I hired a teenager that's good a video games that enjoys monitoring my funds while I am taking care of my household duties. The kid has figured out it's easier to play WallStreet than Pac Man. I pay him fairly and it's better than handing everything to a broker that would make me "HOLD, HOLD, HOLD" through thick and thin which is the old farts tool for investing.

Congress needs to join the 21st century or for please let there be some hurricane that washes both parties way out to the Atlantic. Thomas Jefferson would be telling us not to pay our taxed if he saw what a mess we have in both parties in DC.

Stay out of our business.