Stock Insurance
Can anyone tell me why or why not insurance on stocks (which currently does not exist) would work? I was thinking something like an investor will pay a a semi-annual, quarterly, or monthly premium to insure their stock investment completely (i.e. ONLY if they lost money they could cash in and get it all back). This seems similar to a credit defualt swap but on stocks not bonds. I have a hard time believing this has not been thought of and is not being used on a grand-scale if there is not some fundamental flaw with the idea? Can someone enlighten me on this and tell me why not this idea works?
Hi serenepumpkin, the silence is deafening, sorry about that.... Any of the threads below helpful?
If those topics were completely useless, don't blame me, blame my programmers...
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