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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: isopatch who wrote (187775)1/5/2015 9:17:58 PM
From: Elroy Jetson3 Recommendations  Read Replies (2) of 206084
 
Always read the prospectus as most ETF products pose significant problems for long-term holdings.

As you can see, the performance varies enormously, and they're all weighted against you.

Notice with UWTI, you would have lost 92.4% of your capital as the price of oil declined (most of it due to time decay from expenses)
On the rise, your gain will be smaller than amount oil prices rise
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