• Boddhisatva@lemmy.world
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    2 days ago

    Knowing Trump’s irrationality, he just wants to erase all the market gains from when Biden was in office. That means he’ll keep at it until the DOW looses another 10,000 points or so.

    • andyquest@sh.itjust.works
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      2 days ago

      Well I just bought some inverse SP500 x3 ETF so I’ll hold onto that until we reach the new great depression

      • grue@lemmy.world
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        1 day ago

        LOL, good luck with that.

        (Inverse ETFs, especially leveraged ones, don’t work the way you think they do. They’re not really intended or suitable for anything but day-trading.)

        • andyquest@sh.itjust.works
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          1 day ago

          U right, made up some of my losses today but I do plan to sell as soon as it looks sort of stable then I’ll just buy a long put