One of the more popular mutual fund styles are so-called tax-advantaged funds. Folks who are investing in accounts outside of their tax advantaged accounts such as 401(k)s and IRAs often invest in these funds to try to reduce their tax burdens a bit. These funds are ostensibly managed with a department pouring over the tax […]
There is a ticking financial time bomb in the portfolio of many investors, especially those of us with a Day Job. This time bomb is scary because the way the product is purported to work is so different from the way it works in practice. What am I talking about? Well, you clicked the article (or scrolled in your RSS reader)… I’m talking about leveraged ETFs.