Direxion Daily Junior Gold Miners Index Bear 3X Shares (JDST)

[bar1080]

"174 ETFs You Should NEVER Buy"

"The most dangerous, wealth-destroying investment in the world right now isn’t cash. It’s leveraged exchange-traded funds (ETFs).

By my count, there are at least 174 of these in existence. And on the surface, these ETFs promise to double or triple the movements of the underlying markets they track.

I’m here to tell you that they’ll do anything but.

You see, double- and triple-leveraged ETFs (whether long or short) pack a nasty surprise. It’s almost unbelievable, actually.

And particularly in this volatile market, theses ETFs are hardwired for losses.

Here’s what I mean…" [more]


http://www.wallstreetdaily.com/2013/06/26/leveraged-etfs/