By Marc Lichtenfeld In my most recent issue of The Oxford Income Letter, which happened to be our 100th issue, I reverse engineered a structured note.
Structured notes are financial products that, depending on the individual product, can limit losses while supplying income or allowing an investor to take part in the market’s gains.
They’re complicated products shrouded in a bit of mystery. And not surprisingly, you pay for all of that convenience and minimized risk.
In the case of a structured note, there are usually no fees, but the financial institution behind the note is not a charity. It is making money off your money …read more
