DD Support Board and Research Team

[1manband]

‘Bankrupt in Just Two Weeks’—Individual Investors Get Burned by Collapse of Complex Securities

Seeking high returns, they poured savings into leveraged exchange-traded notes; the coronavirus downturn made some of them nearly worthless

"For many less sophisticated retail buyers, the market blowup taught the kind of painful lesson that comes with just about every economic crisis: There is no such thing as an investment that is both safe and highly profitable."

https://www.msn.com/en-us/money/markets/bankrupt-in-just-two-weeks-individual-investors-get-burned-by-collapse-of-complex-securities/