VXX-chart-Vorapon-Investing-Worst-Investment-Ever-Podcast-Blog

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Jim invested in the ETN product known as iPath S&P 500 VIX ST Futures ETN (VXX). He lost 70% of his total investment.

The chart tracks the downfall of the VXX ETN volatility product in which Jim invested from July 2015 (until early 2017). VXX reached maturation at the end of January 2019. Jim lost 70% of his investment’s value, but If he had applied the Andrew Stotz six-step investment checking process, he could have saved himself that great loss because he would have lightened his position or avoided throwing good money after bad altogether.

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