No. of Recommendations: 1
Don't be hard on yourself for UNG. That one is a landmine that tricks many people.

Part of the difficulty of becoming a versatile investor is that you have to expose yourself to lots of different types of risk, just to understand which risks are worth taking. That means you will have plenty of tire tracks over your body, over the course of an investing career. It's mostly trial by fire.

So now you know the learnable lesson: that many of these ETFs that are selling some commodity theme are actually investing in future, and that many of them are limited partnerships. Some of them really do invest in the commodity, and you just have to check.
Print the post  


When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.