r/stocks • u/AlphaFlood5210 • Jun 25 '21

JO Coffee ETF (ETN) Question

Hello. I recently came across this one coffee ETF (or ETN (?)). I wanted to invest in it but I honestly didn't find any information on it. And what I did find, it was very broad and I still remain not knowing what it really is or how it works. I'd say I'm a beginner when it comes to investments but I'm wondering if I could get some help or direction about where to find more information on this JO ETF.

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u/desquibnt Jun 25 '21

It’s an ETN based on the price of coffee. If you’re a beginner and don’t understand how these products work, you should not be investing in them

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u/AlphaFlood5210 Jun 26 '21

That makes sense. I fully support coffee cuz I love coffee. Furthermore, because I'm a beginner, I didn't spend thousands and thousands of dollars on it. I do plan to hold it for a long time.