Invest in Insurance companies?
Insurance companies have taken a beating with all the damage caused by all these hurricanes. Maybe its time to start investing in their stock. We know that a lot of damage has already been done and in New Orleans it won’t happen again. [Mainly because nothings being rebuilt!]. Also historically insurance companies have raised premiums and deductibles and are going to do the same thing again. Also historically, people are more likely to get extra coverage right after a major catastrophe, which means their income is likely to go up in the near future.
Doesn’t mean I’m going to rush out and start buying insurance company stocks, but its a thought. If anyone can do the research and would like to post a follow up article, please let me know.
If you found this post helpful, consider donating to my coffee fund!![[del.icio.us]](http://images.del.icio.us/static/img/delicious.small.gif){kind=small}
- Tax Arbitrage Merck has been sued by the IRS for $2.3 Billion for back taxes and penalties. It set up a company in Bermuda which owns its patents and then its pays that company royalties.It took advantage of what is often called "tax arbitrage." The usual strategy: lower a company's tax bills......
- Its Vacation Time! There won't be too many posts for the next 4 weeks. I'm currently travelling in India this week. On Sunday I leaving for Bali. After that I'm going to Angor Vat, Cambodia, Krabi in Thailand and then Singapore.India is currently booming. The GDP growth for the last quarter was 9.2%......
- How To Invest In Foreign Currencies & Foreign Stocks Previously I had mentioned several ways to invest for a recession or a major downturn in the US economy. In that post, I stated that one of the ways to hedge against the declining dollar (apart from my favorite method of buying gold) was investing in foreign currencies. Several people......
Related Websites
- eHealthInsurance Review: Find Low Cost Health Insurance Plans Being a small business owner, I’m responsible for my own insurance. It’s one of those things that’s a big concern when you first jump into entrepreneurship. It’s quite a different story when you’re on your own and wondering how to get health benefits. So where and how do you......
- When Buying a Car, Is GAP Insurance Worth It? This past weekend, my wife and I went car searching. While it may seem like a daunting task dealing with used car salesman, I find it kind of fun. I suppose it becomes a little less stressful when you can easily walk away from any deal since there were no......
- Advanced Charitable Giving using Life Insurance As we get into the holiday season people start to feel charitably inclined, and yes you could just drop some coins with the unenthusiastic guy with a bell, give a $20 spot at church, or write a check...but what if there was a bigger bang for your proverbial buck?  Over......
[All content is copyright of Living Off Dividends & Passive Income]
Leave a Reply