A couple months ago I felt like we might be in for a rough patch, and so started looking for investments that might perform as something as a hedge. I bought some PUTW and some DYLS, which were ETFS with low fees through my broker. Now it turns out my guess of a rough patch was correct, but although the market is down 10% since then, I'm doing even worse, down 17% or so. It feels terrible having correctly guessed the market direction, yet be doing worse than the market.
DYLS seems to have rode down the entire drop to Christmas, then hedged away their exposure at the bottom, catching hardly any of the bounce since then. PUTW should do well in flat markets, but even if the market is overall flat, all the dramatic ups and downs that are typical in between seem to cause it to underperform. Should I cut my losses and just buy a typical S&P500 fund?
Submitted January 24, 2019 at 02:16PM by rando684w http://bit.ly/2HI1UEP
