Post
Topic
Board Speculation
Topic OP
Is There Any Other Good Hedge?
by
Kazu
on 24/04/2013, 03:04:52 UTC
Due to IRA restrictions I can only invest in certain specific things. (Don't even get me started on my 401K restrictions, those are downright insane, I can only invest in my choice of like 20 mutual funds that take huge cuts of my profits and take 3 days !!! for me to sell out of.)

I've noticed that lately nearly all my ways of hedging have been destroyed, even in the IRA which I have a relatively large amount of control over.

1. Contango has made investing in VIX ETFs basically impossible for any non-minute amounts of time.

2. Gold has been absolutely destroyed. I'm following the "holding for the longest time" ideology on my current investment, but considering the amount of loss I have taken in the past months I am hesitant to buy any more, I think I'm a bit overweight there.

3. I basically can't trade forex on my broker, a few years ago they randomly eliminated the opportunity to invest with any leverage into any foreign currency (except through their oh-so-valuable proprietary ETFs).

4. Now my broker randomly "turned off" my option to trade with margin. Bye-bye shorting. In order to have them turn it back on I have to physically mail them a document with my signature to AZ. God knows why they need it again, I remember going through this BS a while ago.

5. My broker says I could reduce my risk by buying bonds. Ha, ha that stopped being a viable option years ago.

I like to consider my Bitcoins a sort of a hedge, and I was just wondering if anybody here can think of any others. I literally freaked out when the market crashed today, fortunately it came back. Next time I might not be so lucky.