@inthehands Yup, that's why those funds are popuar! 🙂
The major advantage of doing it yourself is you get to choose your upside/downside curve to match your investment hypothesis and risk tolerance, but it's probably true that for most people going for something that doesn't take active attention or understanding options (though these are pretty simple ones) is best.
@inthehands There's also the option of doing it the old-fashioned way: Sell short and buy a protective call. It's fairly straightforward and you can do it on brokerages like Vanguard that don't let you trade in the inverse ETFs.
Example: Sell 100 shares TSLA short @ $235 Buy 1 protective call at $300, let's say for 7/18/2025 at $15 (which costs you $1500)
Your loss is now capped: The call gives you the right to buy 100 shares of TSLA for $300, so if it goes over, you sell the call and close the short. Anywhere >= $300, you have lost $65+$15 = $80 per share, or $8000.
Anywhere over $220, you're still losing money.
Anywhere under $220, you're making money.
It exposes the other risk of shorting, of course: If you want to stay short, you have to keep rolling forward your protective call, so if the stock stays flat, it's going to cost you something like $1500 per 4 months. But that risk is there with the inverse ETFs too, it's just more clear here _why_ you're losing money.
@inthehands@fesshole It's really dorky but I've always wished I could have cabinets and a freezer organized as a FIFO queue with doors that open on the back to load it.
@inthehands@harpaa01 Congratulations! I hope you continue to love it as much as it seems like you do now. I certainly have - I'm about 1.5 years into a GSD (we're a single-car family with two kids) and I still adore it.
I'd offer to be a resource but I think your choice of the belt drive addresses my only serious caution about the GSD, which is that mine chews through chains and rear cassettes.
I did learn to change my own disc brakes b/c of it and highly recommend. It's not too bad.
It's really bizarre that this election is anything but a landslide.
I'm one corner, a former prosecutor, senator, and current vice president, who is if anything a little more centrist than I would prefer and will likely be a very competent establishment politician.
In the other, a convicted felon and sexual abuser who tried to overthrow American democracy once already
And third <listens to headset> an, um, anti-science wacko who says a worm ate his brain and who hid evidence of a bear killing
As part of repairing a disk failure, I'm replacing a single working 18TB disk with a new 22TB disk, and then re-using the 18TB disk to replace a dead 18TB disk in the big 11-disk RAIDZ-2 array.
Every time I do this after another year or three has passed, I appreciate Bianca and Garth's message about the danger of HD capacity increasing quadratically vs transfer speed increasing linearly...
shit shit shit shit shit. Dealt with my first set of AI-generated-code plagiarism cases this semester.
Dear students: LLMs are terrible plagiarists and they do not give a damn (or have any capacity to care or avoid doing so) if they get you in deep doodoo by reproducing verbatim code from existing repositories on github or from web pages. And on assignments, it's quite likely to happen.
We didn't identify these cases by using an AI detector: They were identical to a source on the web!
Went to dinner at smoke taqueria tonight (both the smoked mushroom and grilled cabbage tacos were excellent). But what really made me laugh was their bathroom decor. Zoom in and read the sign.
@pixelpusher220@danderson@anymaw I probably should have taken my wife's name when we got married, but by then she and I both had extensive publication records under our original names.
@knud@pixelpusher220@danderson@anymaw And then you could do an international collaboration and see if you could get Andersson, Anderson, Andersen, Anderssen, Andrésson, & Andressen as authors.
Oh dear. About a year and a half ago we decided to try joining the modern world and we bought a TV. This morning, 5-year-old woke up at 3:00 a.m., went downstairs and watched TV non-stop for 5 hours. Starting to think this was a mistake and we should just go back to occasionally watching a movie on a laptop.