He is negatively geared as his investment is producing a loss of $ 3,000 per year. (moneysmart.gov.au)
The other side of the coin is betting on favorites, which will give you a strong winning percentage, but can still produce a loss in money. (sportsinsights.com)
«The hedge will tend to produce profits at the same time that equity markets are advancing, and produce losses when equities are falling,» the analysts wrote. (moneysense.ca)