Back to Main

Being long UNG for the past year cost you dearly if did not understand what you owned

By: Emerging Money
Posted: 2/19/2013 11:30:00 AM
Referenced Stocks:

Garbage Trade: United States Natural Gas Fund ( UNG , quote ) ETF. Being long natural gas through UNG for the last year meant you lost 17% while underlying generic natural gas contract was +23%.   Do people know what they own?

Checkout " What to beware of when trading commodity ETFs " to understand the pitfalls of owning the United States Natural Gas Fund ETF UNG.