Caltrops - Lemonade Stand





	[quote name="Ray of Light"][quote]magnifies exposure to the price of crude[/quote]turned out to be a problem. Normal intraday variation gets magnified too, eating your profits. I was comfortable with the idea of losing a lot if I was wrong, but this fund's methods of price magnification amount to a a constant vig, such that oil could go up 15% and my investment profit would be zero. I sold for what I paid. It turns out to be very difficult (i.e., Google doesn't say how) to buy a bunch of crude oil without going through one of these scam funds, or buying stock in petroleum companies. I scrapped the idea and am back to holding cash, not happy about it.[/quote]