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The answer is it depends.
If you are interested in getting into strong companies for the
long term, I wouldn’t look at them. Because they are so new you don’t know how they will perform in the long run. The only way to tell is to watch them over 10 or 20 years.
If you are interested in making a nice short term profit like me then 3 x ETFs can be a great way to accomplish that. Because they offer so much leverage the return you can make is much higher on these funds then normal ETFs.
And the risk can still be managed by using things as stop losses and risk management. I have to say I haven’t dipped my ties into any of these, yet. But I will be interested to see how I can use them to increase my returns in the market.
If you are interested in doing your own research here are a few triple leveraged ETFs you can look at
FAS – 3x long financials
ERX – 3x Long Energy
BGU – 3x long large caps
