Richard Ellenbogen Comment On Regulatory Notice 22-08
Richard Ellenbogen
N/A
I have been using leveraged EFT's for many years and that is a major source of my yearly income. I'm well aware of the risks and I'm willing to take those risks. I've educated myself over the years in most aspects of the stock markets and use options extensively. Most financial advisors know little about using these investment techniques and are afraid to recommend them. If investors would educated themselves, none of this would need to even be discussed. Bonds are supposed to be safe, but look what has happened to bond values in the past six months. I don't need some administrator telling me how I should invest. If people don't know that investing can be risky they should not be investing.
Richard Ellenbogen Comment On Regulatory Notice 22-08
I have been using leveraged EFT's for many years and that is a major source of my yearly income. I'm well aware of the risks and I'm willing to take those risks. I've educated myself over the years in most aspects of the stock markets and use options extensively. Most financial advisors know little about using these investment techniques and are afraid to recommend them. If investors would educated themselves, none of this would need to even be discussed. Bonds are supposed to be safe, but look what has happened to bond values in the past six months. I don't need some administrator telling me how I should invest. If people don't know that investing can be risky they should not be investing.