(CMV = Change my view)
My view: To the well educated investor, options are a legitimate asset class that can be used to both hedge and create positions that add an extra layer of protection to a well diversified portfolio. However, the vast majority of retail investors are not versed enough in the markets to make such a calculated decision, and the purchase of such an asset for most is tantamount to gambling. The inclusion of these assets on retail investing platforms is antithetical to the investing philosophy of long-term, sustained growth of one's portfolio, and the inclusion and legitimization of options ultimately does a disservice to customers when considering the customer's long term well-being.
I'm less concerned with discussion of whether or not gambling should legal, just this type of asset being included on "investing" platforms. I'm not 100% steadfast in this view so I'm open to differing opinions.
Submitted October 12, 2018 at 12:35PM by Crinnle https://ift.tt/2OR05aV
