I think this is misguided

Don FishbackUncategorizedLeave a Comment

I like Vanguard. But this is ridiculous.

Vanguard Won’t Let Investors Trade These Popular—but Controversial—Products

Vanguard Group will no longer allow individual investors to make new trades on certain investments that seek to magnify bets, pouring cold water on strategies that became popular after the last financial crisis.

Starting January 22, customers won’t be able to purchase so-called leveraged or inverse products via Vanguard’s brokerage platform, the firm said in a release this past week…