Can Leveraged ETFs be used as Part of a Buy and Hold Strategy?

Can Leveraged ETFs be used as Part of a Buy and Hold Strategy?

Exchange Traded Funds¬†are one of the most revolutionary investment vehicles to come around since they were adopted in the United States markets in 1993. ETFs allow individual investors to track indexes, such as the S&P 500, the DJIA or the Russell 2000, as well as track certain sectors of the market such as financials, telecom, healthcare, retail etc. ETFs can also track commodities like gold, and coffee and crude oil. With over 1500 ETFs available in the US, there is one for just about everyone and anyone. Unlike mutual funds,…