InvestorsHub Logo
Followers 119
Posts 77595
Boards Moderated 4
Alias Born 05/26/2004

Re: beachcomber1 post# 660960

Friday, 07/31/2015 7:27:44 PM

Friday, July 31, 2015 7:27:44 PM

Post# of 704570
btw...

$UCO

Won't touch it as a day trade because of this:
Data quoted represents past performance. Past performance is not an indication of future results and investment returns and prices for exchange-traded funds will fluctuate. Your investment may be worth more or less than your original cost at redemption. Current performance may be lower or higher than the performance data quoted. Exchange-Traded Fund [ETF] shares cannot be redeemed directly from the ETF. Consequently, brokerage commissions will reduce the performance. For most recent quarter end performance, select the Performance view.

I'm also sure there's an additional federal tax hit come tax time....and requires filing additional paperwork. fwiw.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.