Nothing like a hilarious Presidential Debate to tank the markets, lol.
.
.
Btw, re: value erosion with inverse etf's:
.
Lets's say ASX200 is @ 6000 pts
and you have $6000 of BBOZ...
.
Market goes down 2%
ASX200 = 5880..........BBOZ shares = $6300 (2.5 X 2%)
Market fully recovers (+2.04%)
ASX200 = 6000..........BBOZ shares = $5980
.
.
So you lose $20... the cost of a trade. Not much.
However, if the market keeps going up and down, but net sideways, that will start to add up.
.
But it's really not THE biggest concern,
.
.
which is a bull market...![]()
- Forums
- ASX - General
- *** BBOZ - Inverse ASX200 ETF ***
Nothing like a hilarious Presidential Debate to tank the...
Featured News
Featured News
The Watchlist
VMM
VIRIDIS MINING AND MINERALS LIMITED
Rafael Moreno, CEO
Rafael Moreno
CEO
SPONSORED BY The Market Online