We want a greener America right? The best way to get there may be to make it easier for people to buy NRGD.
This is the Big Oil 3x Bear ETF. The Bull is NRGU.
NRGD is about $100/sh, but if the SEC were to allow fractional share purchases for all Americans of any income level, they could buy 1/100th of a share for $1.
Why is this important? Oil is going to peak and then it's going to drop & it will never reach it's peak again. As Oil falls especially when the Ukraine War ends, NRGD will rise.
Americans can use their gains in NRGD to offset the cost of greener/smarter energy choices. NRGD will continue to rise until there is no oil market.
I'm not aware of one yet, but imagine a 3x ETF devoted to
green energy! As NRGD rises, Americans can sell some of that & buy the green energy ETF instead.
They don't need a special process or test to understand that.
All they need is information & that can be provided on the NRGD page itself. A site like TDAmeritrade can provide hedge information for NRGU and the current ratio of about 1:4 between them. Since I'm sure TDAmeritrade wants to be greener too, they can also include any green energy ETFs on the NRGD page.
If there is great demand for leveraged green energy ETFs I'm sure someone will offer them. Making it easier for all Americans to buy leveraged bear energy ETFs like NRGD will help propel the demand for green energy ETFs.
Mary Hanley Comment On Regulatory Notice 22-08
We want a greener America right? The best way to get there may be to make it easier for people to buy NRGD.
This is the Big Oil 3x Bear ETF. The Bull is NRGU.
NRGD is about $100/sh, but if the SEC were to allow fractional share purchases for all Americans of any income level, they could buy 1/100th of a share for $1.
Why is this important? Oil is going to peak and then it's going to drop & it will never reach it's peak again. As Oil falls especially when the Ukraine War ends, NRGD will rise.
Americans can use their gains in NRGD to offset the cost of greener/smarter energy choices. NRGD will continue to rise until there is no oil market.
I'm not aware of one yet, but imagine a 3x ETF devoted to
green energy! As NRGD rises, Americans can sell some of that & buy the green energy ETF instead.
They don't need a special process or test to understand that.
All they need is information & that can be provided on the NRGD page itself. A site like TDAmeritrade can provide hedge information for NRGU and the current ratio of about 1:4 between them. Since I'm sure TDAmeritrade wants to be greener too, they can also include any green energy ETFs on the NRGD page.
If there is great demand for leveraged green energy ETFs I'm sure someone will offer them. Making it easier for all Americans to buy leveraged bear energy ETFs like NRGD will help propel the demand for green energy ETFs.