Hi hrfanmike, Welcome to the conversation.
The biggest problem with ETF/ETNs is that because they are a pool of stocks, or whatever, they tend to be significantly less volatile than single stocks. Their virtue is that they can't go to zero; however, they sometimes are discontinued. Even then you don't wind up in bankruptcy court getting a penny on the dollar.
As to leveraged versus non-leveraged, it seems to me it depends on your available time frame and your monetary goals/needs.
It's a series of hard choices I'm struggling with as well.
Best,
Allen
