A few. years ago, I bought shares of SH at Fidelity, thinking that it would help hedge my portfolio against major market downturns.
Well, it went up a bit, but so far it has not even broke even.
Now, I know my attempt at “hedging” was not very sophisticated, but was it totally stupid? Or will it keep climbing and perform the function I hoped it would?
And BTW, it is only about $8K, so it was NOT a large bet... mostly I wanted to see if it would work.
Always act as if nothing has happened, no matter what has happened...