The Truth About Leveraged ETFs

8:44 the chart title should have shown UPRO (3X), not SSO (2X) from the previous example. 9:12 the chart title should have shown EET (2X emerging markets). Sorry about the editing hiccups in this one! $10,000 in a 3x leveraged S&P 500 ETF (UPRO) at launch in 2009 would be worth about $1.3 million today, more than 10x a regular S&P 500 ETF. So are leveraged ETFs a smart long-term tool or a disaster waiting to happen? In this video, Ben Felix, Chief Investment Officer at PWL Capital, gives you a framework for deciding whether leverage makes sense for you, and whether leveraged ETFs are a good way to get it. *Links* Check out PWL’s Risk Profiling Tool: https://research-tools.pwlcapital.com/research/risk-profile?utm_source=content&utm_medium=youtube&utm_campaign=benfelix_yt _yt See your own numbers with our app (based on Choi et al.): https://research-tools.pwlcapital.com/research/lifecycle-portfolio-choice?utm_source=content&utm_medium=youtube&utm_campaign=benfelix_yt ------------------ *Timestamps* 00:00 - Intro 00:48 - When Leverage Makes Sense 07:56 - The Risk 10:00 - Leveraged ETFs 12:10 - Math Time. 17:05 - Hidden Costs 18:16 - Using Leverage Without Going All-In 19:47 - What You Need To Know *References* https://zbib.org/4cb11648b55b4c469b6d8b5137d18612 *Avoid Online Scams https://pwlcapital.com/stay-safe-online/ I will never reach out to you on social media platforms or WhatsApp to give financial advice. These are scammers trying to commit fraud. *Check out the Rational Reminder Podcast* YouTube channel @rationalreminder Podcast website https://rationalreminder.ca/ Rational Reminder community (forum) https://community.rationalreminder.ca/ Apple Podcasts https://itunes.apple.com/ca/podcast/the-rational-reminder-podcast/id1426530582?mt=2 Spotify https://open.spotify.com/show/6RHWTH9iW7hdnA7eAg7ukO?si=hjZNfLKuSjSeWX38GPqhVA