3x etf is not a good idea as we already have high volatility in the market by which many are turned away as we can see in low trading volumes.
High volatility markets are like gambling - hence 401k long term investors will be hurt. Furthermore, many will be turned away from markets, especially after the recent market volatility.
Don't Gamble away your money.
With the recent 2x and 3x etf, financial markets are like gambling places.
This does not bode well for many. We already have high volatility in the market by which many are turned away as we can see in low trading volumes.
High volatility markets are like gambling - hence 401k long term investors will be hurt. Furthermore, many will be turned away from markets, especially after the recent market volatility.
No one wants to gamble away funds for important future plans.
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