Thanks for your reply. I studied the HXU last night. It is running on leverage(same as HNU).
maplefish(闲人)
If the market will break even in one year, it might loss 22%. Fortunitely, I didn't put too much on it. And also wish the index will go up another 30% in one year. :)
请大家给推荐长期持有的股票。给孩子买RESP,看了一下帖子，总结BAC,XIU,XRE,RF,XBB,MF, XEG,XFN,XCG 两个孩子10k,准备近期入市场，please advice, thank you very much
-redhair(kkk);
2009-9-15(#104958@43)
If you are going to hold long, you can buy some XIU when dipping. Don't buy HXU.
The management fee of XIU is lower than most mutual fund index.
-jjwwjjww(jjwwjjww);
2009-9-16(#105005@43)
Just curious, why don't buy HXU? I just bought 200 today @$18.00. The highest price today!!!
-maplefish(闲人);
2009-9-17(#105386@43)
derivative etf not good for long holding, only good for day or swing trade.
-vv12(不良牛);
2009-9-18(#105403@43)
Thanks for your reply. I studied the HXU last night. It is running on leverage(same as HNU).
-maplefish(闲人);
2009-9-18{167}(#105469@43)
If the market will break even in one year, it might loss 22%. Fortunitely, I didn't put too much on it. And also wish the index will go up another 30% in one year. :)