thoughts on Merril Lynch notes/my meeting with financial advisor

[SteveOMS]

Most of these products are crazy structured products being offered to investors. Alot of the time the catch is your upside is somewhat limited. Usually the underlying security has to reach a threshold price in order to be in play, while you collect a dividend thats part interest income and part options premium. Never buy a product until you read the prospectus and full understand what it is your buying. For example I own ticker EKE which is a Morgan Stanley structured product that pays 10% interest, but is also tied to the performance of NYX but they also offer similar products tied to indexs.

SteveOMS