New Emerging Asian Currency ETN Focuses on 'Current Income' [View article]
I also consider this fund a risky venture for investors. Most people are being told that the US dollar will be worthless.. So they buy currencies like Euro, yen, pound etc. But these currencies do not offer high yields. So let's go for emerging markets currencies. What could go wrong there? The current high yield is there for a reason. When a crisis like the 1997-1998 comes your way and when everyone tries to leave these thinly ( by forex standards) traded currency markets the yields will be even higher. But the principal will be lost..
New Emerging Asian Currency ETN Focuses on 'Current Income' [View article]
The current high yield is there for a reason. When a crisis like the 1997-1998 comes your way and when everyone tries to leave these thinly ( by forex standards) traded currency markets the yields will be even higher. But the principal will be lost..