The Mudcat Café TM
Thread #89551   Message #1690003
Posted By: Bee-dubya-ell
10-Mar-06 - 09:58 AM
Thread Name: BS: Non-derivative Thread
Subject: RE: BS: Non-derivative Thread
Derivatives are very risky investments. The financial managers of a number American cities have driven their local governments to near-bankruptcy by unwise investment in derivative-heavy schemes. Sure, one can make a lot of money in the derivative markets, but it's wise not to invest money one can't afford to lose.

To quote aa anonymous but prominent financial advisor, "Derivatives? Screw 'em! Put your money in Beany-Babies!"