Double or triple ETFs can be very volatile investments, so an investor should be aware of the risks involved.
By using future contracts to gain maximum leverage, ETFs known as Double or Triple ETFs offer magnified exposure to specific indices. Double and triple ETFs provide double or triple returns, but also incur double or triple losses.
For this reason, double and triple ETFs are an extremely risky investment, Day traders and institutional investors make use of these products as short-term hedging strategies or speculative bets.
People generally do not hold these positions for more than two days or so at a time; they compound daily and the position can quickly become untenable. If you intend to invest in these products, make sure you have a game plan.
There are different methods and theories about rebalancing, and the answer is basically “it depends.” There’s no set rule
401(k)s can offer many options for investment, but they generally only offer 15 or fewer in each plan
Only employees must be included in SIMPLE IRAs
A 457 is only slightly different than a 401(k), but the differences can be important
First things first, accumulate six months’ of cash as emergency savings. Then you can start investing
A mortgage is a debt instrument typically used as a finance mechanism to purchase real estate
Profit is a term that is synonymous with earnings and net income, it is basically what is left of revenue after expenses
B2/B ratings are the 15th ratings down the scale from the top. A bond in the B range has about a 20% chance of defaulting
Lifestyle inflation is the tendency of people to increase their spending and standard of living along with any $ raises
Mortgage Interest Deductions are allowable income tax deductions that equal the amount of mortgage payments in a year