April 17, 2020
We don't want any restrictions on buying leveraged funds. The company Should give info on the risks and benefits but we don't want restrictions on the purchase of leveraged funds. Any adult can walk into a casino and loose money. There are no restrictions. We investors are responsible for our actions. I use a very small percentage of portfolio in leveraged funds with good returns understanding potential future losses. Triple leveraged funds provide more that 3x on the upside and losses are less than 3x on the downside when you calculate over a period of time . Ex: TQQQ, UPRO, SPXU over a period of 1 or 5 years. So there is more upside and less downside. I strongly feel there should be no restrictions to buy the leveraged funds.