Posted by: thepinetree on 10/13/2015 01:54 PM
Updated by: thepinetree on 10/13/2015 01:54 PM
Expires: 01/01/2020 12:00 AM
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Investors Should Consider Selling Volatility As An Asset Class ~ By Cory Burnell, CFA
Valley Springs, CA....(Local Financial Adviser Cory Burnell recently contributed to one of Forbes Magazine's 10 Best Lists) The following is his first paragraph and a link over to the Forbes piece..."Traders primarily invest in these exchange-traded products to profit from a decline in the Volatility Index, known as the VIX, and from the roll yield common in the VIX futures markets (called contango). However, there’s an opportunity here for long-term investors too because that roll yield produces significant returns over time. For example, VelocityShares Daily Inverse Short-Term ETN (XIV) launched on November 30, 2010 and since that time it is up a whopping 143% compared to almost 76% for the SPDR S&P 500 ETF (SPY), as of September 29, 2015."
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