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Author: Rayvt Big gold star, 5000 posts Top Favorite Fools Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75827  
Subject: Re: SSO for Long-Term ROTH Date: 3/5/2014 1:28 PM
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I'm curious what the other Fools think about investing in a leverage ETF like SSO.

Insane.

That you would even consider this is a strong indication that you are an innocent wandering in the woods, just another sheep to be fleeced.

Here's my overall suggestion for ANY investment strategy that someone is considering. Google "problems with {the strategy}".

In the case of SSO, they list the risks right up front. http://www.proshares.com/funds/sso.html
"seeks a return that is 2x the return of an index or other benchmark (target) for a single day,"

They even are so kind as to highlight "for a single day".

It's not their fault if you don't recognize this as the warning it is. What they are saying is that this will blow up in your face and you won't even have any idea why you just got stomped flat.
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