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How RealMoney Can Prevent a Disaster

 

Check out Eric Oberg's latest piece on the Temporary Liquidity Guarantee Program.

One of the advantages of subscribing to RealMoney is having one of our pros warn you away from buying a certain stock or making a specific trade. Sidestepping an investing disaster can sometimes mean the difference between retiring early and not being able to retire at all.

RealMoney contributor Eric Oberg, a former managing director at Goldman Sachs, made two of these disaster-preventing calls last Dec. 22, when he wrote a compelling argument warning subscribers against two exchange-traded funds (ETFs) that are designed to provide gains by shorting the indices they follow.

Oberg's article, "Why Short Sector ETFs Aren't So Smart," warned investors against ProShares UltraShort Financial ETF(SKF Quote), a short play on financials, and ProShares UltraShort Real Estate ETF(SRS Quote), a short play on the real estate market. ...

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