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Strategies & Market Trends : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?

To: Steve Felix who wrote (3979)	3/3/2010 12:14:08 AM
From: Bread Upon The Water	Read Replies (1) \| Respond to of 34328

Currently SKF is TRADING around 23. RFN is trading around 5.5. So you can pick up 100 shares of each for around $2850 total. 3/9/08 SKF was 268. RFN 90 on same date. Do the Math for these dates and prices and should come to over 35k for an initial purchase of less than 3k. Additionally, attitude toward these inverse indexes is a key part, IMHO, of any use of them. You, I submit, are viewing them as investments. I am viewing them as insurance. I don't care if I ever make a dime on them because if I don't it means the market hasn't crashed and the rest of my portfolio should be doing alright. I don't want to collect on my "insurance" (do you want your house to burn down even though you'll collect insurance?) because it means elsewhere I've suffered a lot of pain (as well as pain for everybody else too). Unfortunately, because of political gridlock and the inability of the US to (so far) get its hands around a solution to the deficit another market crash is coming. When our T-Bills our shunned the dollar will weaken (reducing the purchasing power of anything you have in a bank), interest rates will soar, and their will be chaos in the stock market. Hope you have some insurance, of some type, then. 42850.