September 22, 2009
– Comments (5) |
RELATED TICKERS: SRS
I don't want to use a leveraged etf or etn, I know about SRS.
Is there a short/inverse real estate ETN or ETF that I am just not seeing. Something new maybe?
These aren't inverse...DRN (3x)IXGIYRVNQICFITB
Some of these have enough volume on the options boards (but I don't remember which ones) that you can get a decent spread if you're not opposed to buying low puts against them. Kinda surprising that there aren't any inverse real estate ETF's now that you mention it. It had never occurred to me. Perhaps when the ETF';s were formed, no one ever conceived that the price of real estate might go down! :p :o ;)
Each to their own.....while you look for your short ETF we recently doubled down and will be watching a few key countries @ the g20 summit revisting changing foreign ownership restrictions....
Hi (or is it hey up there) Alberta,
I am long some currencies via ETFs (FXA largest holding, with some FXC, FXF, FXS, FXY & CEW), and international equities via a few funds and stocks. I am up about 35% this year going into quarter end and up for the two year period by a few points as well. I'm not really interested in gambling client money or proving I'm the smartest guy in the room. If I took a hedge fund job, I suppose I'd be obligated to make a little more effort to chase each quarter, but I don't want to move from Wisconsin until my kids are grown. While I understand you can't spend relative performance, I have been in the top 10% easily compared to SMA and HF managers the past decade, so I'm comfortable taking the slow approach of picking low hanging fruit. Good luck, I think you are looking in the right direction for performance, but my first job is to consider how my clients sleep at night.
Ooops, I also own quite a bit of RJA, and am looking to get more broadly back into commodities after selling a month or so ago my oil and metals. Have traded some nat gas, but the ETFs are goofed up right now and inventory is too high, so I'll likely get back into later.
I doubt Alberta911 high net worth clients are sleeping as he retired Oct. 01/09 and is in unwind mode somewhere like the Cayman Islands. Just glad he joined tmf after our university class told him about it.