LEVERAGED ETFs: DAILY REBLANCING, ETERNAL CONSEQUENCES
The 'tourist is sounding the alarm on these increasingly popular products
LEVERAGED ETFs: DAILY REBLANCING, ETERNAL CONSEQUENCES
We need to talk about leveraged ETFs. You know the type of securities that I am talking about. It’s that ETF your neighbour bought that has gone up 235% over the past month. And it’s not just the annoying idiot you share a driveway with that has bought these levered ETFs. Lately, it feels like everyo…