Value Investing Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Value Investing

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Michael Burry who wrote (4789)	8/23/1998 10:29:00 AM
From: Wallace Rivers	Read Replies (1) of 78999

We've been talking of index funds here, so I'll throw one out I just read about - Russell 2000 MITTS (NYSE - ticker RUM). Come due at a guaranteed (only if Merrill Lynch stays in business!) minimum $10 9/30/04. The terms on the due date are the aforementioned $10 PLUS $10*the percentage increase from the Russell 2000 base of 494.36. A couple of points to be aware of: Because these are considered zeroes, there may be tax consequences in taxable accounts. They are not the most liquid instrument out there. If you believe the small caps will rally, this might be a good alternative, if one is looking for an index "fund" with downside protection. Comments?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next