May 10, 2011 at 13:46 PM EDT
Fun with Dick (AGQ) and Jane (ZSL) and Spot (SLV)
Seventeen years ago we saw the first leveraged mutual fund with daily reset.  Now we have dozens of them along with ETFs that work the same way.  Yet after all this time, many investors still don’t understand what leveraged funds can and cannot do.  Even professional investors ignorantly called these products “failures” because the . . . → Read More: Fun with Dick (AGQ) and Jane (ZSL) and Spot (SLV)
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