Inverse Government Long Bonds?
Hope someone can Help me. 3 Years ago I invested through my Brokerage (MSDW) 5000.00
It was setup in Rydex Series FDS, Inverse Government Long Bonds. At this Point I'm showing a considerable LOSS? I was advised that this was a Extremely LOW Risk, and was Insured for the Principle and Interest that I had Invested, so why should my Brokerage be showing that it is -1700.00+
They haven't talked to me or advised me in any way for almost 2 years now? Several years ago I gave them authorization for "Stop/Sell" orders, so IF these Bonds were at a Loss, and continuing to go down, why wasn't a Stop/Sell Order put into effect?
What recourse do I have?
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