Subject: Re: Hard to be a stock picker about now
I've been thinking of starting a thread about how best to make a few bucks if markets behave unpleasantly in the next (say) 2-3 years. Say, allocating 1.5% of my portfolio to an asymmetrical bet: heads I win a lot, tails I don't lose much. It's hard to say where the worst pain will be, AI exuberance or private credit.
I like the asymmetrical bet idea. What about:
SPXS: 3X inverse S&P 500
SQQQ: 3X inverse Nasdaq 100
If those indexes fall 10% you gain 30%. Fall 20% you gain 60%. Fall 30% you gain 90%.
Actually, that doesn't seem that lucrative.