VXX : Bought at $26.40 SOLD 28.40 %
When you need the insurance the VXX is a great idea for hedging volatility in the Market. Two weeks ago I said the market was "too good" to be true. Using the infamous shoe shinner legend of the stock market crash in the late 20's; when the news outlets are claiming 18,000 on the Dow Jones, it was time to look at a hedge. And the VXX was a great insurance policy for my portfolio.
When you need the insurance the VXX is a great idea for hedging volatility in the Market. Two weeks ago I said the market was "too good" to be true. Using the infamous shoe shinner legend of the stock market crash in the late 20's; when the news outlets are claiming 18,000 on the Dow Jones, it was time to look at a hedge. And the VXX was a great insurance policy for my portfolio.