Sorry in advance for the stupid question, but here goes.
In terms investing for retirement, if the idea is that you go super long and ride out the low waves, can anyone explain to me why someone would invest in a mutual fund like VFINX, instead of say a 3x ETF like SPXL? If you are going long, won't the 3x ETF have 3x more money in it assuming that in 30 years the market is better off than it is now?
Submitted January 15, 2015 at 10:43AM by ageoldpun http://ift.tt/157HZpW
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