Did you bet on a renewed stock market sell-off or not ?
Hi Investors,
Intro: My stake in Hive is just for fun. My other assets are deposito's (fixed term savings with guaranteed return) and a large portion of gold. On top of that I have some extra money to look for some (riskfull) extra return.
I quit my job some years ago so have time to read a lot including corona in January ad February:
In February and March with the Corona still in a baby phase I decided to put the extra money almost fully in a market maker stock who profits when markets go crazy. This did occur in March and I sold in April. After that markets recovered a lot and I must say now I am confused...
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Will markets collapse once more ?
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Are listed companies not hit by corona ?
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Are rising unemploment levels not bad for consumers hence listed companies?
I still answer most with yes and have taken in positions in the same market maker and in some put options of companies that in my opinion will be hit again .
What do you think, how do you answer the questions ? Is this Corona crisis impacting markets differently maybe ?
I have placed my bets and will let you know the outcome in some months.
Goldrooster
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