In this episode we answer a question from listener Brett about the Aptus Defined Risk ETF and use David Stein's Ten Questions to Master Investing to analyze it, which are:1. What is it?2. Is it an investment, a speculation, or a gamble?3. What is the upside?4. What is the downside?5. Who is on the other side of the trade?6. What is the investment vehicle?7. What does it take to be successful?8. Who is getting a cut?9. How does it impact your portfolio?10. Should you invest?Additional Links:Referenced Insurance Policy Illustration: https://photos.app.goo.gl/Bjf6u7Vyy8HZz4VF6DRSK Fact Sheet: https://aptusetfs.com/wp-content/uploads/2021/01/DRSK-Fact-Sheet-Jan-2021.pdfDRSK Strategy Paper: https://aptusetfs.com/wp-content/uploads/2020/09/Part-1-Sporadic-Asymmetry.pdfDRSK Semi-Annual Report: https://aptusetfs.com/wp-content/uploads/2020/12/Aptus-10.31.20-Semi-Annual-Report-Web-Ready-Version-Public.pdfDRSK Correlation Matrix: https://www.portfoliovisualizer.com/asset-correlations?s=y&symbols=DRSK%2C+VTI%2C+VUG%2C+VIOV%2C+TLT%2C+GLD%2C+VNQ%2C+PFF&timePeriod=2&tradingDays=60&months=36RPR Episode With Big ERN's Option Writing Strategy and Links: RPR Episode 40)
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