I was thinking of building a good dividend based portfolio that balances the highest paying dividends of the most quality companies possible. Then collect the dividends and use them to accumulate a position in a 3x inverse ETF that tracks the broader market like SPXS, SQQQ or even VXX on days the market makes new highs. That way, your always averaging down on the inverse etfs.
When the a black swan event happens and the portfolio takes a hit, the inverse etf and vix should will pop. then take profits on the inverse etfs and add to the dividend paying stocks which grows the positions leading to higher dividend payouts.
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