Do-it-yourself structured notes
As discussed in earlier columns, there are two types of structured-note products — those without a principal guarantee and those that guarantee the return of principal as a worst-case scenario.
As discussed in earlier columns, there are two types of structured-note products — those without a principal guarantee and those that guarantee the return of principal as a worst-case scenario.
Profits from notes that don't guarantee principal are typically taxed as capital gains. Any payoff abov
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