| ||||||||||||
|
|
Shocked that companies and mutual funds would invest OPM (Other People's Money) in high-risk investments, the Shocked Investor was originally on a mission to find out if our money ended up in these dubious instruments. This blog now also discusses other financial topics, such as straddles, options, gold, natural gas, agri/food stocks, and the collapse of the US Dollar.
The previous covered the dreadful performance of FAS and FAZ. Here we look at te performance since inception for all Direxion ETFs:
As you can see, 93.75% of the ETFs are down, only one is positive (+5%). The average performance is -40%. The longest running fund was started in November of last year, just four months ago.
Numbers speaks for themselves.
Posts
No comments:
Post a Comment