Thread: How Reliable Is UYG Longterm?
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Old 02-13-09, 07:52 PM
bolo00911@hotmail.com bolo00911@hotmail.com is offline
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Join Date: Sep 2008
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Question How Reliable Is UYG Longterm?
I am thinking of buying a few hundred shares of UYG - ProShares Ultra Financials (ETF).

My goal is to hold it long term of 10+ years. Will this be a good strategy?

Any chance of the stock going belly up and no longer exists in a few years? What are the chances this may happen?

Besides UYG I am thinking of other Ultra's for long term. Like the S&P 500.

Thanks
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