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Jason Zweig: Structured Notes: The Risk Of Insuring Against Risks

FYI: These short-term bonds are typically structured to limit or eliminate your exposure to losses while giving you a stake
in potential gains, making them especially alluring in weeks like the one we just had, when stocks were glowing red. But whether you should buy them depends on the exact terms of each note—and on whether you can trust your adviser when he says he understands them.
Whenever the stock market turns turbulent, brokers and financial advisers trot out structured notes as an alternative.
Regards,
Ted
http://blogs.wsj.com/moneybeat/2014/10/17/structured-notes-the-risks-of-insuring-against-risks/tab/print/
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