It’s a retirement-killing mistake far too many fund investors make—and it’s so easy to spot that you’ll be kicking yourself if you fall into this trap!
So let’s expose this classic blunder right off the top: I’m talking about buying two deadly types of funds: leveraged and inverse exchange-traded funds (ETFs).
Blacklisted by the Big Fund Companies
In a nutshell, these funds promise outsized returns by borrowing money and investing that cash in a so-called winning strategy (leveraged ETFs) or by short selling a losing strategy and delivering the returns to shareholders (inverse ETFs).
Sounds logical, right?
Trouble is, both approaches fail miserably in the real world.… Read more