
technically not a modification: 9sig/B- (inverse bond etf)
recently applied 9sig into portfolio. long bond seems stupid to me. am i the only one? the inverse relationship of stocks/bonds is no longer reliable, wont be again without massive structural reforms, yadda yadda yadda. but i feel i havent seen anyone discussing inverse bond fund with their TQQQ. at -1x its still low volatility, and works well as a low risk/low reward cash pile. in terms of being a 9sig modification, it still performs the role that its supposed to do in 9sig, which is preserve capital for future opportunity. and given the low volatility im going to say the quarterly review/rebalance is fine for making a short/long change at some point. curious to know if im missing anything. is there some other role about AGG/bond sleeve that's not covered here? i get no dividends obviously, and fee is higher, but otherwise it sure looks like it does the same thing. the higher fee means this is something you dont ignore, you look at it every quarter. but you already do that for TQQQ. what would kill it? a bond rally obviously. but sure seems like over the past few decades those are announced in advance by Fed/treasury. never say never, but seems like bonds just dont move fast enough to really hurt you in only 90 days. not without something happening that's front page news: major war, pandemic, QE, etc. thoughts?