alt Hacker NewsIf that was his genuine concern, then instead of trying to balance a portfolio of 103 stocks... you simply buy QQQ and short Tesla at 3.53% worth of your QQQ holdings.
If that was his genuine concern, then instead of trying to balance a portfolio of 103 stocks... you simply buy QQQ and short Tesla at 3.53% worth of your QQQ holdings.
You pay interest when you short stock.
And if we want to talk about "bad financial advice", I think telling people to try and time the market with a short is considerably worse than "buy the same shares that QQQ does".