You are reading a single comment by @wildwest and its replies.
Click here to read the full conversation.
-
I'm waiting at the moment. But I'm looking at a buying a soon to arrive dip and run the Santa rally till early January 2017. Tempted by a leveraged etf of the ftse100 index, ticker luk2. Hopefully it works out very close to gambling so fingers crossed. The only pit fall is UK government pulling the trigger on article 50 before new year.
wildwest
fidbod
ETFs are a different kettle of fish - although you are buying a single name stock, the performance of that stock is linked to a basket of underlying securities so you get the diversification you would not have by just buying the two stocks you mentioned - which is a good thing.
Good luck whatever you do; try and find a way to manage the risk that works for you