April 17, 2020
This subject is very important to me. I have been investing in leveraged products for at least 14 years. I have only used leveraged major indices such as tqqq and sqqq for inverse investments and leveraged sector products such as the semiconductor and the technology ETFs. I do not invest in leveraged single products such as oil or gold. These leveraged products that I use are the modern gateway to the American dream and they should not be limited to those who have great wealth. There are many great minds that have the ability to create a new legacy for their family but are not currently rich. To create a barrier for anyone is an awful policy decision. These leveraged products allow someone, for example, who is an employee in a business to actually save and begin a second business as an investor. Secondary income is the key to the procurement of wealth. Some investors may start this second business with less than five thousand dollars, but with hard work can watch that money grow over the years. If you think that's dreaming, you are wrong because these leveraged products have changed my life for the better. If you are worried that leveraged products are too dangerous for the average investor I have 2 suggestions. First, the brokerage firm should ask if the investor read the prospectus. My father read the prospectus for TQQQ and said it's not for him. If investors lie and say they read the prospectus when they didn't there is no helping people like that because they are looking to get over on others and they can't even be honest with themselves. On February 9, 2010, TQQQ began trading. At the time I used other leveraged products. I followed TQQQ for months if not a year before I was willing to use it as an invest vehicle. I charted it closely against the NASDAQ 100 and eventually it became my most treasured investment along with SQQQ Second, the investor must have his or her account labeled most aggressive-not aggressive but most aggressive-and it must be displayed on the banner at the top of the account so every time that investor goes on his or her account that label is staring him or her in the face. Additionally, the claim that he or she read the prospectus must be entered along the banner of the account. You might be surprised how many investors looking at that every day will be honest will themselves and acknowledge that these leveraged products are out of their league. They most likely will be honest with themselves because they see that the brokerage firm is putting it right in their face and now the chances of successfully crying foul has been greatly reduced if not eliminated. Lastly, I don't want someone evaluating me to determine whether I can participate in leveraged investing. I studied the stock market and put together a plan-just like a real business. I only invest in leveraged products and since I've been doing so for many years I've seen the 2008 market and this current market. The leveraged products I use have worked perfectly. I haven't always been on the winning side, but it was never the fault of the product. Enter your comments here.