Things that share certain characteristics are usually not exactly equivalent. This write up discusses some of the dangers of equating ETFs with ETNs, highlighting tried and true marketing tactics (familiarity) like the subject of our movie in this post.
Buying something without a complete understanding of the risks involved is never a good idea. This is something I have learned the hard way. When dealing with investment banks, assuming informational asymmetry is a survival tactic.
No comments:
Post a Comment