Why would you hold VTI and SDS (ultra short S&P500) at the same time? Is it like an options hedge?
"I came here for financial advice, but I've ended up with a bunch of shave soaps and apparently am about to start eating sardines. Not that I'm complaining, of course." -ZedThou
Storm wrote:
Why would you hold VTI and SDS (ultra short S&P500) at the same time? Is it like an options hedge?
Re: SDS-ProShares UltraShort S&P500 (the Fund) seeks daily investment results, before fees and expenses, that correspond to twice (200%) the inverse (opposite) of the daily performance of the S&P 500 Index.
Though very much opposed to the fundamentals of the PP in most every way, it does make an interesting piece to the VP Puzzle. Though it seems strange, the fundamentals are much like LTT in the HBPP; i.e., a counter-weight to The Market.