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BBOZ - BetaShares Australian Equities Strong Bear Hedge Fund

Discussion in 'Stocks 0-H' started by PZ99, Mar 23, 2020.

  1. PZ99

    PZ99 ( ͡° ͜ʖ ͡°)

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  2. qldfrog

    qldfrog

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    This is part of my safety package:
    Average buy around $11..along the years..
    was at $20 when i started
    I had severe paper losses, no income but now selling some parcel every week to counter balance other losses
    Overall a success and playing its role, i even bought some more at the last asx exuberance last week
    Highly recommended
     
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  3. qldfrog

    qldfrog

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    Sold parcel 19.4ish this morning
    Balancing losses elsewhere

    In the USA, there are some etf leveraging at 3 times Russel index, etc
    Some of these are an easy way to add security to your portfolio if you can not or are not confident enough to buy shorts
    PS i am not paid for the promo
    BBOZ boss, contact me, i can even accept bitcoins :)
     
  4. mikmac

    mikmac

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    Careful with those leveraged ETFs/ETNs... got badly burnt last week when UWT (Crude Oil) didn't track the index and my stop loss failed to trigger :(
     
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  5. qldfrog

    qldfrog

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    Point taken,
    Bboz is ok but not to play with SL etc
    Buy sell as an insurance coupon
     
  6. InsvestoBoy

    InsvestoBoy

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    You are literally buying shorts when you buy BBOZ.
     
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  7. cutz

    cutz

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    Too late for that, the horse has already bolted !
     
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  8. qldfrog

    qldfrog

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    yes but very easy to do it , no warrant, no short platform, they probably take their cut, it is also leveraged
    Anyway, a simple way for non pro like me to get a bit of safety net
     
  9. InsvestoBoy

    InsvestoBoy

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    I don't like it as a hedge.

    If you have $100,000 exposure to the ASX, you need to stump up $50,000 to hedge. You have to pay brokerage and then CGT if your hedge works.

    Why not just sell $50,000 of your ASX exposure?
     
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