[Bon mots]

Thanks for the great post, but ... no one should be “investing” in 3x etfs, especially TVIX, unless they fully understand what is happening behind the scenes with them.

Notice, I didn't use the word 'invest'; but 'speculate'.

Some want to ride the roller coaster, some want to watch, some avert their eyes...

[bankwalker]

Thanks for the great post again, but ... my reply was for the many freepers that may see the great 1 day returns and "invest" ... that's why I put it in quotes.

Every word I posted is important, especially the words after "unless".

I invite everyone to view a 5 year weekly chart of TVIX - stockcharts.com or wherever. TVIX has reverse split many times. On March 2, 2015 the split-adjusted opening price was about 520,000. It has massive decay built into it's structure and should be thoroughly understood before speculating or "investing".

Thank you again for the great post.