Are there any long term inverse ETFs for the financial industry?

missed this quote eh?

I admitted my mistake guess you just want to argue with yourself.

knock yourself out

 

You misunderstand. Your mistaking it for a leveraged fund is not the issue. The issue is that you are still insisting that there's nothing wrong with it as a long term hold. Being short or leveraged is not why it's bad. It's bad because it tracks daily returns which doesn't help over long periods.

 

http://seekingalpha.com/article/122...ial-etf-is-nothing-but-a-poor-trading-vehicle

it is obvious he doesn't want to understand that u can be right on direction and still lose money.


why do u argue with someone who refuses to do his homework?

 

Because I don't want any happless fools who wonder through here to be persuaded by his ignorance on this matter. But otherwise you have a point.

 

Enlighten me then oh wise one.

How long is too long to hold, for long term appreciation?

 

pitiful response. if u understood the instrument u would not ask.

 

Is the trend inverse?

 

It was a rhetorical question you fool.

Just because you have failed to do your homework and see the advantages of a leveraged fund does not mean I have too.