Financial wizardry never ceases to amaze me.  There is more ingenuity being deployed in finance than anywhere else. Take exchange traded funds (ETFs) for a start. If mainstream index ETFs are too old school for you, we have the sector and commodity ETFs.  If you are contrarian by nature, check out the bear ETFs that trade inversely to the market.  When daily market volatility gets too dull, take action with the leveraged ETFs whose returns are magnified by up to three times.  And if you want to do some good with your money, there are the socially responsible ETFs which invest in companies with good ESG records. Currency ETFs.  Volatility ETFs.  Merger arbitrage ETFs.  You name it, most likely the market has it. I just wonder why no fund house has created a vices-based ETF (think casinos, cigar makers, breweries and maybe ...