Investors with long time horizons, such as young people, can often afford to take on a greater amount of risk in their portfolios.
In this segment of The Motley Fool's financials-focused show, Where the Money Is, banking analysts Matt Koppenheffer and David Hanson dip into their mailbag to answer a listener's question about buying leveraged ETFs to take advantage of the a long runaway in front of younger investors. Matt and David highlights the dangers of such a practice.
The real secret to getting rich
It's no secret that investors tend to be impatient with the market, but the best investment strategy is to buy shares in solid businesses and keep them for the long term. In the special free report, "3 Stocks That Will Help You Retire Rich," The Motley Fool shares investment ideas and strategies that could help you build wealth for years to come. Click here to grab your free copy today.
Have an investing question? Ask us by replying or tweet using #AskaFool. We'll select a few questions and answer them over video.— The Motley Fool (@themotleyfool) September 8, 2012