Bonus: How do leveraged ETFs work?

Leverage can supercharge your gains… or wipe you out. In this bonus clip from our previous episode with Bryce from Equity Mates, we break down how leveraged ETFs work, why they’re tempting, and the real risks behind those big returns. Hear how leverage can range from cautious gearing strategies to the “rollercoaster” of triple-leveraged Bitcoin.Plus, lessons from Warren Buffett’s 50+ years of investing, and why even the legendary stock picker backs simple index funds for the long haul.For more or to watch on YouTube—check out http://linktr.ee/sharedlunchShared Lunch is brought to you by Sharesies Australia Limited (ABN 94 648 811 830; AFSL 529893) in Australia and Sharesies Limited (NZ) in New Zealand. It is not financial advice. Information provided is general only and current at the time it’s provided, and does not take into account your objectives, financial situation and needs. We do not provide recommendations and you should always read the disclosure documents available from the product issuer before making a financial decision. Our disclosure documents and terms and conditions—including a Target Market Determination and IDPS Guide for Sharesies Australian customers—can be found on our relevant Australian or NZ website.See omnystudio.com/listener for privacy information.