RED DIRT TRADER

This blog was designed as a place for me to store links that I find helpful. These posts are not investment advice. If you’re looking for advice call your GO BROKER. My belief is the person who cares most about my investments is ME. My hope is the readers of this blog find the sidebar links as useful sources of information while attempting to learn how to manage their own money. As for advice, my Dad gave me the best I’ve ever heard, “Never trust anyone else with your money or your woman.”

Sunday, December 27, 2009

Don't Try this at Home!

Leveraged ETF's serve a purpose. But, unless you know how they are to be used, DON'T!!!! They even come with a Government Warning.(Click the link to read.)

I've created a stock list on the sidebar that is called "Moose on Roids". The list consist of leveraged ETF's and ETN's that attempt to double or triple the daily performance of the related index or traditional ETF.

I'm a big fan of William Dirlam and DecisionMoose.com but sometimes I feel the need to Kick It Up a Notch.

# posted by Chris @ 9:27 AM

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