The dividend shuffle game?

[fenders53]

(08-02-2021, 05:59 PM)NilesMike Wrote:

(08-02-2021, 07:45 AM)fenders53 Wrote:

(08-02-2021, 06:02 AM)NilesMike Wrote: Bonds, as part of my TYD/UPRO strategy, has worked out very well.

TYD is down about 15% the past year.  OK as part of a trading strategy but zero interest in holding it.     

Ken, when bond yields are more normal, mid to long-term bonds are a great hedge against equities.  Bond prices run up when rates drop.  Unless the FED goes negative there just isn't much room for bond price appreciating.  This is the first time in my life when cash may outperform bonds for any length of time.  I highly doubt Mike is holding TYD for an extended length of time.

I am actually ALWAYS holding some TYD. When the market is risk on 50% of that portfolio is in TYD, when market is no-go, 100% is in TYD.

I think I've linked this before (strat @ Drftr TYD?UPRO.) https://martinschwoerer.medium.com/etf-i...d6d51a3e32

It's a simple hedged strategy that blows away the market and has way less drawdowns. Haven't found much that beats this.

Yes I have checked out the strat.  I have no interest in holding TYD by itself.  Down 15% last 12 months is not what I am looking for when I think buy a bond.  As part of a strat that flips positions, I get it.