James Schierenberg Comment On Regulatory Notice 22-08
James Schierenberg
N/A
Inverse and leveraged ETFs are a great way to hedge. I am using one (SH) right now to hedge the downside of a professionally managed 60/40 portion of my portfolio. Please don't make it more difficult for me to manage my money.
I normally use the -1X to hedge. I use -2X or more only if I am convinced that I am directionally correct as they have considerable frictional costs. These funds aren't that difficult to understand, and they can be very helpful.
James Schierenberg Comment On Regulatory Notice 22-08
Inverse and leveraged ETFs are a great way to hedge. I am using one (SH) right now to hedge the downside of a professionally managed 60/40 portion of my portfolio. Please don't make it more difficult for me to manage my money.
I normally use the -1X to hedge. I use -2X or more only if I am convinced that I am directionally correct as they have considerable frictional costs. These funds aren't that difficult to understand, and they can be very helpful.