The #1 Stock In The World - VelocityShares Daily Inverse VIX Short-Term ETN (NASDAQ:XIV) | Seeking Alpha
Here is an excellent article about why XIV, the low volatility index, should be your number one stock. I agree with Chris DeMuth 100%. As long as the economy shows no immediate signs of a recession, people will buy stocks over bonds even if stocks are expensive.
XIV has gained 35% over the last three months in spite of stock market uncertainty and many down days. XIV should have been your best buy in the fall of 2011 when the market fell around 20% due to the Congressional partisan budget battles. Another big buying point would have been at the first part of February in 2015 when the 10-year bond interest fell to 1.67% while the economy was just going through the winter blues. Basically, we need to buy XIV whenever the 10-year bond interest is 2% or less. Then, sell XIV when interest hits 3% if you just want to trade the stock.
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