I fail to understand why this issue has resurfaced. I do not feel that I need financial advisor or someone to protect me from myself. This very dangerous territory. If I should not invest in inverse or leveraged funds, maybe I should not invest in start-ups, or penny stocks, or any stock that does not meet with a regulators political opinion. We have far too much WOKE control now.
I have used inverse funds in the past to preserve capital and to stay in the market by hedging against other stocks which I do not wish to sell in a decking market.
Could I trade options instead? Yes. However, I do not desire to be that active. Rather, I prefer to be a trend trader, and inverse and leverage funds offer methods that support this.
Roy Sowers Comment On Regulatory Notice 22-08
I fail to understand why this issue has resurfaced. I do not feel that I need financial advisor or someone to protect me from myself. This very dangerous territory. If I should not invest in inverse or leveraged funds, maybe I should not invest in start-ups, or penny stocks, or any stock that does not meet with a regulators political opinion. We have far too much WOKE control now.
I have used inverse funds in the past to preserve capital and to stay in the market by hedging against other stocks which I do not wish to sell in a decking market.
Could I trade options instead? Yes. However, I do not desire to be that active. Rather, I prefer to be a trend trader, and inverse and leverage funds offer methods that support this.