Are High Quality Leveraged Funds Safe Investments?
I am retired. I have high quality leveraged funds, making a decent return. As they are leveraged, I am wondering if I should sell, even at a loss at this time. Here are four of them.Thank you.
BME
FFC
PFO
BUI
Terry Says
I don’t comment on individual stocks. But do you understand the meaning of “leverage”? It means that your “returns” are accentuated when the market is moving in your direction — but your losses will also be accentuated when the market moves against you! I don’t know how you chose these investments, but I’d suggest you do a bit more research. The leverage applies directionally — whether “high quality” or not!