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Benton D Struckcheon

(2,347 posts)
11. Well....
Fri Feb 15, 2013, 09:33 PM
Feb 2013

...the problem with not editorializing is that I think it's a vastly terrible idea for anyone who doesn't fully understand what he/she is doing to put money into the VIX related funds, especially but not limited (at all) to VXX. This place gets a lot of traffic, and even though you think this area doesn't, it still gets more than most places on the Internet, and even more so it's gotta be getting more from people who don't have a lot and therefore don't have a lot they can lose.
I know how the sausage is made in these funds, and I still get the shakes if I feel I absolutely must put something into VXX because nothing else will do as a hedge in some situations - now that we have the luxury of having that fund available.
But if you think it's a mistake to say anything against them I won't. The facts will speak for themselves anyway, but it will be a sore temptation to apply a bit of interpretation to those facts, I have to admit.

Recommendations

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I like it. I would read it. Tuesday Afternoon Feb 2013 #1
Cool! A HERETIC I AM Feb 2013 #2
Yes, you should go to bed early. Common Sense Party Feb 2013 #3
Excellent A HERETIC I AM Feb 2013 #6
When I get time, I will post an article on measuring investment performance lastlib Feb 2013 #4
Great! A HERETIC I AM Feb 2013 #5
I look forward to reading that, as well! Common Sense Party Feb 2013 #7
I just posted a 401(k) article. Common Sense Party Feb 2013 #8
May I? Benton D Struckcheon Feb 2013 #9
Absolutely! A HERETIC I AM Feb 2013 #10
Well.... Benton D Struckcheon Feb 2013 #11
Again, I'm not in charge here nor am I a host of this particular Group on DU A HERETIC I AM Feb 2013 #12
Latest Discussions»Culture Forums»Personal Finance and Investing»I've got an idea for a se...»Reply #11