Maybe. Or this will be another V event like Christmas 2018 and you'll have lost money buying an unnecessary hedge.
If you need the money in 2020, hedging makes sense. If you don't, don't.
If you need the money in 2020, hedging makes sense. If you don't, don't.
Definitely will not lose more than I would’ve if I had done nothing, even if it goes to 0, which is unlikely given the high volatility.
Last week, and Monday afternoon was probably the last opportunity to buy hedge at a decent value.
No good news came out this weekend, if anything it’s only gotten worse. A V shaped recovery is unlikely, but if it does go up this is a hedge, not a bet, and my portfolio is net long.
Also, leadership issues aside is a big aside. Having the most incompetent and corrupt administration in recent US history helming the response to this, including someone who caused a public health crisis in his own state and a self-serving pharmaceutical industry lackey is about the worst you could ask for.
> "The experts who made this map, and ranked the US in first place, are quick to add caveats to America’s number one status... The US scored well on measures including "biosecurity" and "emergency preparedness," but was near the bottom of the list when it came to "healthcare access... According to the Global Health Security Index ranking, the US comes in 175th out of 195 countries, when it comes to Americans‘ access to healthcare.
- Go to the hospital, get tested, possibly get quarantined, lose work income, possibly get fired, possibly pay large bill if uninsured
- Don't go to the hospital, hope you recover fine
If it splits half-half, that's a lot of people who are going to be going outside and infecting people.