I am looking for uncorrelated assets to increase my return without increasing risk or volatility. Any ideas?
My main position is 2x SPY I am hedging this position with shorting AUD against YEN at 2.5x.
I also have a 1x position in gold, and 1.5x position in TLT (20 year bonds).
Lastly I have a 1x position in silver but this one isn't as uncorrelated as the others to SPY.
The idea is to increase return however if 2008 or 2020 happen again, I'd like to be down 0-20% and not 50-80%.
Submitted March 30, 2023 at 01:35AM by MoneynFitnessGainz https://ift.tt/Usl32I5
