By: David Goodboy - Street Authority
Exchange-traded funds (ETFs) have revolutionized the way investors approach the financial markets.
No longer are multiple accounts required to access the majority of indexes, currencies and commodities. Now, with a stock brokerage account, the self-directed investor can trade nearly every popular financial instrument with the click of a mouse.
Not only has access been democratized, but leverage has also undergone a revolution. ETFs that provide two and even three times leverage -- meaning they amplify the moves of an instrument or index by a given multiple, in either direction -- are available on a variety of financial instruments.
I'll never forget my first time using triple-leveraged ETFs. My technical research and fundamentals clearly indicated that the SP 500 index, the broad barometer of U.S. stocks, was overextended on the upside. A big drop was on its way, and it was going to happen soon. Continue reading "Supercharge Your Portfolio With These Powerful ETFs"