I use a leveraged ETF on the Dow Jones as a SAFE way to invest and supplement my income in retirement. The moves are relatively small , up or down, and because the market - unlike stocks moves in both directions as opposed to stocks which move in a trend - my losses can be minimized or offset. Please do not take these index funds away.
Rick Ambrose Comment On Regulatory Notice 22-08
Dear Regulators:
I use a leveraged ETF on the Dow Jones as a SAFE way to invest and supplement my income in retirement. The moves are relatively small , up or down, and because the market - unlike stocks moves in both directions as opposed to stocks which move in a trend - my losses can be minimized or offset. Please do not take these index funds away.