Exchange Traded Funds provide investors with an assortment of ways to invest in very diverse instruments as if they were simple stock purchases. The variety and scope of this market has become extremely vast and continues to grow. One of the common flavors of ETF are leveraged ETFs. These funds seek to duplicate the results of a multiple of the daily change of a given underlying asset. While this may sound appealing, it is pivotal to understand that leveraged ETFs are generally for trading and not for holding for long periods of time. The reason is sim
