Haru
What does "cover his downside - or his backside" mean in the following?
On the other hand, a 25-year-old who is saving for his wedding and a house down payment would be out of his mind to put all his money in stocks. If the stock market takes an Acapulco high dive, he will have no bond income to cover his downside - or his backside.
2023년 11월 4일 오전 4:17
답변 · 7
You wouldn’t say downside, just cover
2023년 11월 4일
The advice is grammatically correct, though financially dubious.
To cover your downside - have backup plans if the stock market drops
To cover your backside - to prevent receiving criticism. Presumably the woman he’s planning to marry would get angry if the wedding is postponed and he can’t buy a house. This is a politer version of a slightly vulgar expression.
2023년 11월 4일
아직도 답을 찾지 못하셨나요?
질문을 남겨보세요. 원어민이 도움을 줄 수 있을 거예요!
