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


To: Bread Upon The Water who wrote (5601)8/30/2010 11:48:58 AM
From: Steve Felix  Read Replies (2) | Respond to of 34328
 
Hi Vinter. I've posted before that I trade TZA and TNA in my taxable account. The rest of the money is in dividend stocks.
A guy has to have some fun.

I sold half my TNA at the close Friday and bought an equal amount of TZA thinking today would pull back. That is the closest these will come to insurance for me.

I'll still venture that holding an inverse fund long term is nothing but "paying the dealer". Tremendous erosion.

The SPX took ten months to go from 1400 to 700. Not enough time to get in? The cost of missing the initial move, if there is one, is too high for me.