If You Hate Leveraged ETF's, You'll Love Convertibles |
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January 22, 2014 |
January 2014 Bond Updates
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As President Obama took office five years ago the markets felt colder and snowier than the weather. Selling short had gone viral. If selling short wasn’t good enough, you had a new tool: the leveraged inverse exchange traded fund (ETF). It seemed like a great idea. Don’t just hedge against further losses in your portfolio. Make extra money from the collapse. Think the market’s about to turn? Just drop the “inverse” and make back your losses even faster with a leveraged fund.
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View more at: http://www.forbes.com/sites/billfeingold/2014/01/22/if-you-hate-leveraged-etfs-youll-love-convertibles/
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