The SPXL ETF does a good job of achieving 3x daily returns of the S&P 500 index. However, investors shouldn’t count on SPXL to triple the gains of the S&P 500 over the long term. Are you ahead, or ...
Leveraged ETFs, like the Direxion Daily Financial Bull 3X ETF, are designed for day trading, not long-term investing, due to their daily reset mechanism. Holding leveraged ETFs beyond a single day can ...
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