lucas_lewis_inventor
Mon Sep 30 2024
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6 answers
1284
What is a leveraged exchange traded fund (Letf)?
I'm curious to know more about Leveraged exchange traded funds, or LETFs. Can you explain what they are and how they work? Are they a good investment option for everyone, or do they come with certain risks that investors should be aware of? I've heard they can amplify gains but also losses, so how does that mechanism actually work? And finally, are there any specific strategies that investors can use to maximize their returns while minimizing their risk when investing in LETFs?
