Leverage Is a Tool to Be Used Only When Understood

The Invest With An Edge Blog featuring Peter Mauthe   Last week Trevor Hunnicutt reported in ETF.com’s daily posting that the SEC approved quadruple-leveraged ETFs. This is the first time 4x leverage has been approved for use in ETFs in the United States. Leverage is...

Active Management Update

Welcome to our active management update on the market I have recently received a number of questions regarding tax efficiency (for nonqualified accounts) as it relates to our active approach to portfolio management. I use the following example (see graph) to help...