How a Single-Stock Leveraged ETF Can Lose Even When Your Stock Call Is Right
A leveraged ETF can lose money even when the stock it tracks does exactly what you predicted. That is not a malfunction, a hidden fee or a scam. It is how the product is built. The buyers most likely to get hurt are the ones who think of these funds as a louder version of the stock. Here is the part that gets skipped. These funds reset their leverage after every ma
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