13.01.2015 - The Perils of Bargain-Hunting With Oil ETFs
Trying to hook a marlin-sized rebound in oil using exchange-traded funds isn't as easy as it may look. Many see oil as a bargain now that it's below $50 a barrel for the first time since 2009. Bottom fishers are piling into oil-related ETFs at the fastest rate in years, and the ETFs have taken in $6 billion in the past six weeks. But so far no one is catching anything but negative returns. If you're tempted to join the crowd, keep two things in mind. First, you're not directly investing in oil as a pure commodity play with these products -- unless you want to store barrels of oil in your backyard...............................................Full Article: Source
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