SP500 0.58% 2,958.8 standard & poor's 500

BBUS, page-1163

  1. 12,413 Posts.
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    I'm using this as a hedge against my other long stocks which I expect gains in the multiples of 100%. If the market craps itself the 4-10x this goes up leaves me in a similar overall position AND the means to buy stocks at >60% discounts to today's prices. This last step is where real wealth can be created. Simply because you still have the $$$ and can buy whereas others do not.

    If the market does not fall I wont lose all of this money but just a good % of the hedge funds invested here.

    Sleeping well meanwhile.
    Last edited by nippy: 10/04/20
 
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