You’ve lost your butt but the market is soaring. I don’t understand what you’re saying.
Shorting stocks and buying Bear ETFs. Oh, skip it.
“Youve lost your butt but the market is soaring. I dont understand what youre saying.”
...because he shorted the market(bet it would go down)
Sounds like he was investing in the short, betting the market will go down. You can short sell stocks, but you also can buy ETFs like FAZ that bet on banking downturns (it peaked at about $200 when the banks collapsed, it is about $4 now). I try to always balance my investments with both bullish and bearish funds (FAZ/FAS) and diversify with long standing, financially stable companies (VZ, WMT, MSFT). I didn't lose a lot in the crash and have made a hefty return this year. (also with a big bet on F when the refused bailout that has paid off).