So, personally I’m batting with the idea of buying into index funds right now as I believe the market is just overpriced.
Originally I was planning to wait it out til past earnings to see if things will eventually cool down or not. I am hoping for the market to gradually lose a little steam rather than crash, but that’s always a possibility.
With those concerns in mind, I was looking into ETFS with downside protection.
Two that I’ve been looking into specifically are BUFF (an etf made from buffer ETFs) and SPYC, a “convex” etf that buys OTM puts to protect against bigger corrections.
While these don’t earn as much as just purchasing SPY, I can see the allure to them.
Does anyone have first hand knowledge or strong opinions about these sorts of strategies?
Submitted July 12, 2021 at 11:38PM by FenixAK https://ift.tt/3hCou1v
