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VIX ETPs are the worst long term holdings. No matter how VIX behaves, if you hold VIX ETP long term, you are going to lose. The same for UNG, natural gas ETF. these are for short term trend trade only, not for long term.
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07-12-2013, 10:45 AM
(This post was last modified: 07-12-2013, 10:46 AM by opmi.)
Up to 3Q, maybe best investment was probably Liongold-Asiasons-Blumont. Now probably the worst.
"... but quitting while you're ahead is not the same as quitting." - Quote from the movie American Gangster
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(07-12-2013, 10:05 AM)freedom Wrote: VIX ETPs are the worst long term holdings. No matter how VIX behaves, if you hold VIX ETP long term, you are going to lose. The same for UNG, natural gas ETF. these are for short term trend trade only, not for long term.
May then i know about your opinion on S&P 500?
WB:-
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
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(07-12-2013, 09:54 AM)weijian Wrote: A consolidation by Bloomberg for 2013:
http://www.bloomberg.com/money-gallery/2...-2013.html
Noticeably and most probably predictably, some of the worst investments were the darlings 2-3 years back (eg. Gold, fertilizers) and some of the proud winners this year, survived the past winter (eg. solar energy)
Bloomberg's list in 2012:
http://www.bloomberg.com/money-gallery/2...-2012.html
Observation:
(1) BioTech funds consecutively 2years on the list as 'best equity mutual fund', is it ripe time for a reverse of fortunes?
(2) The VIX Short term futures ETF is consecutively 2 years on the list of worst ETF fund - Looking at its 2year trend vs the actual VIX, seems to suggest that its strategy is 'flawed' (it rose less than the VIX in the 2H11 during the US debt ceiling fiasco and subsequent downgrade mayhem, and has been on the decline to lose >90% of its value as the VIX maintained relatively 'peaceful')
Was looking at 2013 list. Seems like the worst investment seems to be driven by falling commodities prices. Bringing down the related companies and countries.
"... but quitting while you're ahead is not the same as quitting." - Quote from the movie American Gangster
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07-12-2013, 11:29 AM
(This post was last modified: 07-12-2013, 11:30 AM by Temperament.)
http://twistedsifter.com/2012/11/ten-thi...hameleons/
2. Colour Changing.
Most chameleons change from brown to green and back, but some can turn almost any colour. A change can occur in as little as 20 seconds. Chameleons are born with special cells that have a colour or pigment in them. These cells lie in layers under the chameleon’s outer skin. They are called chromatophores. The top layers of chromatophores have red or yellow pigment. The lower layers have blue or white pigment. When these pigment cells change, the chameleon’s skin colour changes.
Chromatophores change because they get a message from the brain. The message tells the cells to enlarge or to shrink. These actions cause cell pigments to mix—just like paint. A chemical called melanin also helps chameleons turn colour. Melanin fibers can spread like spiderwebs through layers of pigment cells and their presence causes skin to darken.
Many people think chameleons change colour to blend in with their surroundings. Scientists disagree. Their studies show that light, temperature and mood cause chameleons to change colour. Sometimes changing colour can make the chameleon more comfortabl. Sometimes it helps the animal communicate with other chameleons. [Source]
NB:-
Some investments are like chameleons changing colour. Only people who specialise in Lizard can understand.
WB:-
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
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0
I also think holding VIX ETF long term is like throwing money into the sea
Maybe it's more like a short term hedge thing?
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