Comments on: The Saga Continues: New ETN+ Notes try to address Leveraged ETF criticisms http://wheredoesallmymoneygo.com/the-saga-continues-new-etn-notes-try-to-address-leveraged-etf-criticisms/ A personal finance blog written by Preet Banerjee Fri, 25 May 2012 08:03:33 +0000 hourly 1 http://wordpress.org/?v=3.1.2 By: Jordan http://wheredoesallmymoneygo.com/the-saga-continues-new-etn-notes-try-to-address-leveraged-etf-criticisms/#comment-4380 Jordan Wed, 02 Dec 2009 11:35:26 +0000 http://www.wheredoesallmymoneygo.com/?p=1467#comment-4380 Preet you do such a great job explaining how things work, the good the bad and all the details. Have you ever considered taking things into a more personal area? Would you ever share a look back at the holdings / portfolio allocations's you've actually held personally? Share what kind of ups and downs you've experienced? What % return you've actually gotten? It doesn't need to be amounts, maybe even some 20/20 reflections on you're best moves and biggest mistakes? It might not be your style, I'm just interest in the real life results and learning experiences along the way. Cheers Preet you do such a great job explaining how things work, the good the bad and all the details.

Have you ever considered taking things into a more personal area? Would you ever share a look back at the holdings / portfolio allocations’s you’ve actually held personally?

Share what kind of ups and downs you’ve experienced? What % return you’ve actually gotten? It doesn’t need to be amounts, maybe even some 20/20 reflections on you’re best moves and biggest mistakes?

It might not be your style, I’m just interest in the real life results and learning experiences along the way.

Cheers

]]> By: Preet http://wheredoesallmymoneygo.com/the-saga-continues-new-etn-notes-try-to-address-leveraged-etf-criticisms/#comment-4379 Preet Tue, 01 Dec 2009 02:00:11 +0000 http://www.wheredoesallmymoneygo.com/?p=1467#comment-4379 @Cam Birch: assuming that investors understand these products, I do see them potentially becoming quite popular for the reasons you suggest. @Cam Birch: assuming that investors understand these products, I do see them potentially becoming quite popular for the reasons you suggest.

]]> By: Preet http://wheredoesallmymoneygo.com/the-saga-continues-new-etn-notes-try-to-address-leveraged-etf-criticisms/#comment-4378 Preet Tue, 01 Dec 2009 01:59:30 +0000 http://www.wheredoesallmymoneygo.com/?p=1467#comment-4378 @Thicken - yes, I will touch upon the borrowing costs later this week. It's not as rosy as it looks on the surface. @Thicken – yes, I will touch upon the borrowing costs later this week. It’s not as rosy as it looks on the surface.

]]> By: Preet http://wheredoesallmymoneygo.com/the-saga-continues-new-etn-notes-try-to-address-leveraged-etf-criticisms/#comment-4377 Preet Tue, 01 Dec 2009 01:58:51 +0000 http://www.wheredoesallmymoneygo.com/?p=1467#comment-4377 @Michael James: Thicken is correct in that there is a stop-loss mechanism, but it is designed to protect the issuer, not the investor. If the unit price falls to $10/unit, then the stop-loss is triggered and investors will get $10/unit. Seeing as how they started at $50, this is a tremendous loss. Effectively, the issuer has an out to terminate the note and the investor will be left scratching their head. @Michael James: Thicken is correct in that there is a stop-loss mechanism, but it is designed to protect the issuer, not the investor. If the unit price falls to $10/unit, then the stop-loss is triggered and investors will get $10/unit. Seeing as how they started at $50, this is a tremendous loss. Effectively, the issuer has an out to terminate the note and the investor will be left scratching their head.

]]> By: Cam Birch http://wheredoesallmymoneygo.com/the-saga-continues-new-etn-notes-try-to-address-leveraged-etf-criticisms/#comment-4376 Cam Birch Mon, 30 Nov 2009 16:46:31 +0000 http://www.wheredoesallmymoneygo.com/?p=1467#comment-4376 Very cool investment product. I will be very intrigued to find out all about this product. Borrowing to invest can be expensive for a regular investor (like me) so a product that has that sort of item built in can certainly be interesting to discover about since it could be a useful way of doing the borrow to invest at a much lower cost. I will be waiting to see what risks will be involved with this new product. Very cool investment product. I will be very intrigued to find out all about this product. Borrowing to invest can be expensive for a regular investor (like me) so a product that has that sort of item built in can certainly be interesting to discover about since it could be a useful way of doing the borrow to invest at a much lower cost. I will be waiting to see what risks will be involved with this new product.

]]> By: Thicken My Wallet http://wheredoesallmymoneygo.com/the-saga-continues-new-etn-notes-try-to-address-leveraged-etf-criticisms/#comment-4375 Thicken My Wallet Mon, 30 Nov 2009 15:08:30 +0000 http://www.wheredoesallmymoneygo.com/?p=1467#comment-4375 Michael- I may be stealing Preet's thunder but there are stop-loss redemption mechanisms in place. Preet- you hit the nail on the head though. You are buying unsecured debt. I will be interested to read your thoughts on borrowing costs. Michael- I may be stealing Preet’s thunder but there are stop-loss redemption mechanisms in place.

Preet- you hit the nail on the head though. You are buying unsecured debt. I will be interested to read your thoughts on borrowing costs.

]]> By: Michael James http://wheredoesallmymoneygo.com/the-saga-continues-new-etn-notes-try-to-address-leveraged-etf-criticisms/#comment-4374 Michael James Mon, 30 Nov 2009 03:35:20 +0000 http://www.wheredoesallmymoneygo.com/?p=1467#comment-4374 Will the 200% leveraged version of these ETN+ notes just close up shop if the underlying index goes below 50% of its starting point? Will the 200% leveraged version of these ETN+ notes just close up shop if the underlying index goes below 50% of its starting point?

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