this post was submitted on 09 Apr 2025
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[–] UnderpantsWeevil@lemmy.world 1 points 2 weeks ago (2 children)

The last three years have produced some of the most outrageously good returns in the market's history. Like, throw your money in the S&P and get 25% ROI any-idiot-can-get-rich levels of good returns.

What the hell have you done with your portfolio that you missed all of it?

[–] gnutrino@programming.dev 4 points 2 weeks ago* (last edited 2 weeks ago) (2 children)

Maybe they've just put everything into those 5x short s&p500 ETFs

[–] foggy@lemmy.world 3 points 2 weeks ago* (last edited 2 weeks ago)

Not everything. But yeah, I used them to buffer damage my portfolio would have otherwise taken, and then made aggressive puts against highly volatile stocks like RDDT and DJT. Bought dumb sounding options for pennies, selling them for dollars.

[–] UnderpantsWeevil@lemmy.world 1 points 2 weeks ago

I mean, if you were bearish in 2023 I couldn't really blame you. But shorting is an expensive hobby.

[–] foggy@lemmy.world 1 points 2 weeks ago

Who said I missed it??

I'm doing exceptionally well this month.