BETA US STRONG BEAR TMF UNITS (Stock code BBUS) IMO provides a good hedge against any forward market meltdown in the US. BBUS works inversely to Dow i.e if Dow drops 1% BBUS gains 2-3% and correspondingly the same if Dow gains 3% BBUS could drop 5% or more. But since Trump won office, BBUS has dropped from $9.44 to $5.30 now but if Dow were to lose back all its gains since Trump won office, BBUS could also get back to $9.44 or 78% gain.
That said, BBUS is not for everyone and is a risky one way bet against Dow but when I had a portfolio (now on the sidelines) I used it to hedge.
- Forums
- ASX - General
- Its Over
Its Over, page-49
-
- There are more pages in this discussion • 24,095 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)