Structured Products

Back in February of this year, we wrote about reverse convertible notes tied to the performance of Apple stock. We told you then that if you were one of the thousands of investors who bought these Apple-linked products, the big downturn in the price of Apple could result in a very unpleasant surprise. Why? Because …

Words like “new and different” or “new and improved” might pique your interest when it comes to computers or cleaning products. But if your broker offers you a newfangled investment product, especially one that seems really complicated, watch out. The overriding purpose of Wall Street’s inventiveness is first, last, and always to generate fees and …