SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?


To: Steve Felix who wrote (3957)3/1/2010 5:06:01 PM
From: Bread Upon The Water  Read Replies (1) | Respond to of 34328
 
"That works both ways, and then you have high fees to contend with. Imho, you need to be quite the market timer to make any money on these. Maybe you will share with us when you move in and when you move out."

Indeed it does work both ways. My philosophy is too move in to them when the market has recovered (like now) and then forget about them. If there is a crash you will wake up and wonder why your portfolio hasn't lost money and then you'll remember why.

One shouldn't buy them, IMHO, to try to time short swings or make money in the short run. It's portfolio insurance you hope you don't have to collect because if you do the rest of the financial landscape is miserable.