I came across ticker REML recently, a 2x leveraged mREIT ETN. It currently has a +20% annual dividend, which I know has a lot of risk mainly due to the extreme leverage involved. The annual investor fee is 0.50%.
Assuming I’m okay with the risk and lower liquidity, do you see anything wrong with using $10k of a Roth IRA to buy REML, contribute/buy an additional $300 each month and letting the dividends reinvest for ~10 years? Would I lose a significant amount in fees by holding it for so long?
Does this strategy idea make sense or am I an idiot? – RobinHood – Reddit Feed
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