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Will lose tracking accuracy if held more than 1 day, so definitely will underperform in the long run. No brainer.
Recs
Great ETN if you understand how it works & how to use it.
This should be followed daily & is not meant as a long term investment unless you're using it as a hedge.
Deals only in futures of oil, heating oil, corn, wheat, gold, and aluminum. Nothing else & uses the Deutsche Bank's "Optimum Yield" indexing methodology.
YOU CAN LOSE MORE MONEY THEN NORMAL HERE! IF the stock doesn't increase or dedrease a penny in the year you could still lose as much as 25% because of the volatility drag. Constant leverage and compounding cuts to make daily double gains cost money!
If you don't know what any of the terms I used means then this is not the place for you, good news is BDD is same exact thing without the funky math!
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inflation
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Commodities are where it's at for the next few years.
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Ultra-shorts and Ultra-pros are all bad investments due to daily rebalancing
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inflation hedging
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Fading every pick made by Ultralong
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Because Ultras Suck
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Commodities play..hold for long term.
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