For me, ETFs are easy to understand, but ETNs are confusing.
According to Investopedia, " ETNs are a type of unsecured, unsubordinated debt security based on the performance of a market index minus applicable fees, with no period coupon payments distributed and no principal protections. "
What???
I guess, it is best not to invest in anything which one does understand. I still would like to know what others think of ETNs.
Submitted January 27, 2018 at 05:09AM by waferthin http://ift.tt/2nhqcYw
