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Personal Finance Topics / Retirement Investing
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Author: rayvt ✧  😊 😞
Number: of 55803 
Subject: New: Longer term leveraged ETFs
Date: 09/04/2024 12:47 PM
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No. of Recommendations: 8
This week rolled out eight leveraged ETFs that reset monthly and weekly as opposed to the traditional daily reset strategies that can trip up longer-term investors.

The etfs are weekly & monthly reset for 2X SPY, 2X QQQ, and 2X SOXX.

There are also 1.75X weekly NVDA & TSLA, for idiots.

https://www.etf.com/sections/news/tradr-debuts-lev...
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Author: kbg   😊 😞
Number: of 767 
Subject: Re: New: Longer term leveraged ETFs
Date: 09/05/2024 9:35 PM
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No. of Recommendations: 7
Wow...look at the fees on these things. They are more expensive than the Direxion and ProShares daily resets which for an ETF that isn't that hard to run are already quite spendy. I don't see them catching on.
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