Investors Should Consider Selling Volatility As An Asset Class ~ By Cory Burnell, CFA

Valley Springs, CA….(Local Financial Adviser Cory Burnell recently contributed to one of Forbes Magazine’s 10 Best Lists) The following is his first paragraph and a link over to the Forbes piece…”Traders primarily invest in these exchange-traded products to profit from a decline in the Volatility Index, known as the VIX, and from the roll yield common in the VIX futures markets (called contango). However, there’s an opportunity here for long-term investors too because that roll yield produces significant returns over time. For example, VelocityShares Daily Inverse Short-Term ETN (XIV) launched on November 30, 2010 and since that time it is up a whopping 143% compared to almost 76% for the SPDR S&P 500 ETF (SPY), as of September 29, 2015.”

forbesarticle