Tuesday, March 13th, 2007...3:57 pm
Betting Against The Market
Back in December, I explained how one could bet against the market easily by using ProShares Ultra Inverses. This can be risky investing. You either win big or lose big. Timing is important and you really should pay attention to the market daily.
Another option is to invest in a mutual fund that is betting against the market. The one that comes to mind is Prudent Bear. This fund prints money when the market goes down and loses some when the market goes up. This is a good option for the sideline investor that wishes to bet against the market.
Finally, if you have little tolerance for risk, look into CDs or high-interest savings accounts like the one offered by HSBC Direct.
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