guaranteed ETF--- It cant lose! AJM

[ambienCR]

these MLP alerian etf's look like a no lose situation. they are paid via guaranteed fees that are not effected by the price of oil/gas. BUy and hold for a promised return over time: AJM

http://www.tradingmarkets.com/.site...Mad-ScientistsLatest-Innovation-AJM-82552.cfm

 

[daveb351]

Not ETF's, but ETN's: "These exchange traded notes track the underlying Master Limited Partnership Alerian Index."

They are promises from your bookie...JPM

 

[Scataphagos]

Quote from daveb351:

Not ETF's, but ETN's: "These exchange traded notes track the underlying Master Limited Partnership Alerian Index."

They are promises from your bookie...JPM

Kind of like from the US Government, eh?

 

[ambienCR]

Well, yeah, sure, there are political and structural risks to every trade.

however, i am talking about market risk, there does NOT SEEM TO BE any market risk with AJM.

its like buying into a tradable annuity no?


What am i missing??

 

[crash n burn]

david goodboy a well know poster on et signs the article

 

[crash n burn]

just ask him about it


screen name_: marketsurfer

 

[ambienCR]

Thank you for the info. Did he create these ETN's? I tried sending a PM and Email but it was no accepted. Looks like he hasn't posted on elite for a long time.

THese ETN's truly look like zero market risk

 

[Covertibility]

Yield is roughly 6.6%
Expense fee is 0.85%

Real yield ~ 5.75%

What a bunch of nonsense. Your better off buying the individual companies.