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A comment on Ask HN: I have $450K cash, what should I do to maximize my return?. Parent comment

Re:Ask HN: I have $450K cash, what should I do to maximize m... by overcast on Saturday August 01, 2020 @11:59AM (#24021426)
If you're betting on a crash soon, why not just hedge your existing positions on long dated PUT options? That's what they are for , insurance.

As far as OP is concerned, there's not much point into cashing everything if the timescale is greater than 5+ years for needing any of it. Trying to time the market is just a fools game, consistent investments in the indexes always works out in your favor long term.

Regarding interest rates, .35% is pretty poor, just off the top of my head Marcus is over 1%.

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Re:Ask HN: I have $450K cash, what should I do to maximize m... by ajuc on Saturday August 01, 2020 @12:10PM (#24021536)
If you bet on a huge crash then your PUTs will lose the value anyway. So what if they give you 50% profit when the inflation is 1000%.
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Re:Ask HN: I have $450K cash, what should I do to maximize m... by Trias11 on Saturday August 01, 2020 @12:30PM (#24021760)
I’d buy gold or crypto instead.

Stock market can keep going up due to inflation even if everything is crap and politically manipulated.

Gold is a real indicator and crypto is icing on a cake

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Re:Ask HN: I have $450K cash, what should I do to maximize m... by overcast on Saturday August 01, 2020 @10:27PM (#24025823)
A huge crash will net you much more than 50% profit, you can pull that any day of the week for the last 4 months with the market volatility.
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Re:Ask HN: I have $450K cash, what should I do to maximize m... by ajuc on Sunday August 02, 2020 @04:36AM (#24027302)
With PUTs the maximum you can earn is 99.999%

With inflation you can lose much more.

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Re:Ask HN: I have $450K cash, what should I do to maximize m... by overcast on Sunday August 02, 2020 @10:13AM (#24028825)
What? That’s completely false. The last S&P dump in May net me roughly $1550 per $150 SPY contract.
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