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PowerShares DB Agriculture ETF Message Board

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  • big.willa big.willa Sep 14, 2010 12:20 PM Flag

    finally out of this POS

    yeah, i mean that was my point. i'm not looking for a quick buck and i know what being patient means. i just don't think there is any correlation b/w the basket of commodities and dba. somebody is getting screwed and the smart $$ has already figured that out.

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    • I first bought this ETF in 2008 in the high 30s.
      Now it is 27+, but I just realized that my loss is not as great as it seems. I filed taxes as a limited(?) partner and claimed a big loss in 2008 (without selling any of my shares). That reduced my tax cost quite a bit. I bought more shares this year at 24+. Now my avg.cost per share is 25+. So I have made a gain.

      Your numbers may be better than you think. Check it out.

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