with more funds becoming available been once again looking over some new strategic investments >>> have got Property - Bullion - Cash - Shares ....now maybe some funds to be used to trade in the likes of BEAR 1:1 leverage short ASX200 and BBOZ 2:1
Get some downside Protection for the coming correction we will have >>only a matter of time
"With a good perspective on history, we can have a better understanding of the past and present, and thus a clear vision of the future." — Carlos Slim Helu
BBOZ on ASX. Not for the faint of heart with its leveraging but a comfort food when the market goes down Initial Investment $10,000 Fund "short" exposure (as % of initial investment) 275%
Fund "short" exposure in $27,500
If the value of the Australian market falls by 10% Initial Investment $10,000
Gain on short position (being 10% x $27,500) $2,750 Value of investment = $12,750
Return % 27.5%
If the value of the Australian market rises by 10% Initial Investment $10,000
Loss on short position (being -10% x $27,500) = -$2,750 Value of investment $7,250
Return % -27.5%
Last edited by Joshuatree; 27-02-2020 at 05:20 PM.
my speculative stocks are down 50 - 60 % . I cant see the point in selling now ...... I sold half 2 weeks ago. Should have sold all. Now i have tax and provisional tax to pay . And losses are not tax deductible on ASX . ..mmmmm
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