Comments: I am an aggressive investor and often use leveraged ETFs in times of market drawdowns.
I am an individual investor for more than 30 years. Inverse leveraged ETFs have played a major part in my success! I am conveniently able to hedge my portfolio from downturns. Without inverse ETFs I would have to take on unlimited risk by shorting.
I strongly discourage any effort to eliminate this valuable portfolio management tool!
Comments: As a tool, in the hands of a competent advisor, a point which cannot be stressed enough, inverse funds can be a value component to the management the risk in a portfolio. For taxable accounts, an inverse can also assist with the management of taxes. For IRAs, where shorting an index is not permitted, an inverse can provide for a closely approximated approach.
Comments: investors should understand their risks and then only use them. But the L&I should be there for everyone
I WANT TO MAINTAIN MY CURRENT FREEDOM TO INVEST PUBLIC SECURITIES OF MY CHOOSING. ANY RESTRICTIONS TO MY HOLD PUBLIC SECURITIES IS UNFAIR . BEFORE I HOLD RUSL, BUT YOU FORCED ME USING VERY LOW PRICE (MUCH LOWER THAN MY COST) TO SALE IT. YOUR ACTION LET A LEGAL INVESTOR LOST MONEY. I LOST MONEY NOT MY ACTION WRONG OR ILLEGAL. I INVESTED PUBLIC SECURITIES AND YOU USING UNFAIR ACTION LET ME LOSE
Investing in leveraged and inverse funds are super import to me. Because I use them to hedge my positions. I believe they are much safer than using options to hedge my positions. If they are disallowed, I would need to use options to hedge, which are super risky. I used to lose a lot of money in options and don't want to touch it again. Basically, I think the public investments shouldn'
If there are a group of people interested in purchasing inverse and leveraged ETFs would you think to take that ability away.
I invested in BITO on October 21, 2021 in my Roth IRA. Since that time this investment has lost over 43% of it's value. I don't feel investments like this are appropriate for most individuals and am in favor of more stringent regulation.
I think that regulating investing in leveraged and inverse funds is over protection of investors. The brokerage house already has warnings that I had to read before I could invest in them.
My investments and investment strategy are mine alone to manage.
