720 - George made 14% from SOXS hedge in 4 days
722 - Mike made 46% from MRK in 2 months
Usually hedging index funds is difficult. You are better off hedging specific stocks.
However, if you can separate overbought periods from bullish periods, you can capture a quick gain (or just reduce the volatility) for your portfolio. (Refer to the free chart course in the community)
When you realize the market is overbought, it is also a good idea to take some profits.
It is also a good idea to hold some cash even if some of your positions are close to breakeven.
Cheers,
Eric
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Eric Seto
Chartered Professional Accountant (CPA)
Chartered Investment Manager (CIM)
In April, my goal is to help 10 people without a financial background to master investing.
Investing Accelerator is designed for people without a financial background.
The goal is to achieve 30% return per year.
In the first phase, you will learn long term investing and targeting 30% for tax free compound growth. This will help accelerate your overall wealth.
In the second phase, you will learn monthly passive income to provide a more predictable cash flow (target 30% per year) which can cover your expenses. This will help accelerate your retirement goals.
If you are interested, then let's hop on a call to see if you can benefit from the strategies in Investing Accelerator and get 30% per year. During the call, we will map out exactly how you can achieve 30%, what you are lacking, how you can improve. If you have any questions about the program, you can ask during the call as well.
Remember to go to the Classroom tab for additional investing resources.