Episode 17: I’m ditching GUSH but still buying into OIL. Here is the why and how.
Update: 2019-07-08
Description
GUSH is a leveraged ETF and after some minimal research into ETF’s in general and specifically, the GUSH ETF, I have come to realize that this particular ETF does not have my own interests in mind. It might not have your best interests in mind either. Because it is a leveraged 3X ETF there is manipulation being done in an attempt to reach it’s 3X (300%) factor. With these manipulations comes unnecessary risk.
I don’t like my money being used to manipulate the markets so I am ditching GUSH and looking at the individual stocks that make up GUSH.
For a list of stocks that make up the GUSH ETF check check out this GUSH ETF blog post.
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