Ngay cả hồ sơ của họ có nguy cơ dường như rất khác nhau - gia súc sống là rất nhiều dễ bay hơi hơn so với ba. Và đây là điểm mà tôi muốn để làm cho hiệu suất của từng mặt hàng cá nhân thay đổi đáng kể từ việc thực hiện các mặt hàng khác. | Chapter 6 Show Me the Money Choosing the Right Manager 93 Terrorism risk MLPs assets often include sensitive infrastructures that may be vulnerable to a terrorist attack. Liquidity risk Because the MLP market is still fairly small compared to other assets such as stocks and bonds you may face liquidity issues should you wish to dispose of your units. Until liquidity increases in the MLP market you risk not finding a buyer for your units. These are a few of the risks associated with MLPs which is still a growing market. However because of the beneficial structure and scope of operations of these entities I believe they have a place in any diversified portfolio. Relying on a Commodity Trading Advisor If you re interested in investing in commodities through the futures markets or on a commodity exchange getting the help of a trained professional to guide you down this path is always a good idea. One option is to hire the services of a Commodity Trading Advisor or CTA. The CTA is like a traditional stockbroker who specializes in the futures markets and she can help you open a futures account trade futures contracts and develop an investment strategy based on your personal financial profile. CTAs have to pass a rigorous financial trading and portfolio management exam called the Series 3. Administered by the National Association of Securities Dealers NASD this exam tests the candidate s knowledge of the commodities markets inside and out. By virtue of passing this exam and working at a commodities firm most CTAs have a good fundamental understanding of the futures markets. CTAs are also licensed by the Commodity Futures Trading Commission CFTC and registered with the National Futures Association NFA . Here are a few resources I ve used and have found helpful in finding the right CTAs 1 1 Each CTA has his own investment approach and trading philosophy. Before you select a CTA find out about their investment style to see .
