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re: Is now a good time to buy Banking sector focused funds?

Posted on 6/6/13 at 9:16 am to Jake88
Posted by ThaBigFella
baton rouge
Member since Apr 2006
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Posted on 6/6/13 at 9:16 am to Jake88
buy FAS its 3x ETF of the banking sector.....its up like 50% this year
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Posted by Chris Farley
Regulating
Member since Sep 2009
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Posted on 6/6/13 at 1:18 pm to ThaBigFella
quote:
buy FAS its 3x ETF of the banking sector.....its up like 50% this year


Do not do this. Leveraged ETFs are not investments, they're meant for day trading.
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