Why Are Millionaires Leveraging ETFs? Global X's Jess Leung Explains ASX:LNAS and ASX:SNAS
Description
How many of you really know how shorting and leveraging works?
In a recent episode Rob and Aleks covered Selfwealth's millionaire millennials and their penchant for leveraging products — particularly Global X's LNAS and SNAS.
So, on this chat, we brought in Global X portfolio manager Jess Leung to explain what exactly the funds are, and how best to use them.
In chat, her and Aleks cover:
- Leveraging
- Gearing
- Hedging
- The 'dark magic' in financial products
- Magnifying gains AND losses
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