King of the Birds, Lord of the Skies

King of the Birds, Lord of the Skies
Gather ye rose buds while ye may, old time is still a flying;
and this same rose that you see today, tomorrow will be dying.
CarpeDiem: Seize the Day!
- Dead Poets Society

Wednesday, January 2, 2008

Inverse ETF aka Bear ETF

Inverse ETF is an exchange-traded fund that is constructed by using various derivatives for the purpose of profiting from a decline in the value of an underlying benchmark or index. Investing in these ETFs is similar to holding various short positions, or using a combination of advanced investment strategies to profit from falling prices. They are also known as a "bear ETF".

One advantage is that these ETFs do not require the investor to hold a margin account as would be the case for investors looking to enter into short positions. There are several inverse ETFs that can be used to profit from declines in broad market indexes such as the Russell 2000 or the Nasdaq 100.

In addition, it is possible to buy inverse ETFs that focus on a specific sector such as financials, energy or consumer staples. Most investors look to purchase inverse ETFs so that they can hedge their portfolios against falling prices.

Turn Your Life Around

One of the best places to start to turn your life around is by doing whatever appears on your mental "I should" list.

Indecision is the thief of opportunity.

Every life form seems to strive to its maximum except human beings. How tall will a tree grow? As tall as it possibly can. Human beings, on the other hand, have been given the dignity of choice. You can choose to be all or you can choose to be less. Why not stretch up to the full measure of the challenge and see what all you can do?

You cannot change your destination overnight, but you can change your direction overnight!

Decision making can sometimes seem like inner civil war. I used to say, "I sure hope things will change." Then I learned that the only way things are going to change for me is when I change.
Don't say, "If I could, I would." Say, "If I can, I will."

It doesn't matter which side of the fence you get off on sometimes. What matters most is getting off! You cannot make progress without making decisions.

- Jim Rohn

We generally change ourselves for one of two reasons: inspiration or desperation. May the former always prevail! If you don't like how things are, change it! You're not a tree!