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Posted on 6/8/15 at 6:55 am to Iowa Golfer
It has gotten extremely expensive to prudently insure one's portfolio. I'm not sure what it means outside of basic supply demand price pressure.
I've been looking at VXUP & VXDN, but seems to me another way for Credit Suisse to rip off average retail investors with small portfolios. Although these two do have some mechanisms built in to actually track the settlement index number.
It's frustrating to me that simple things like insuring one's portfolio has to be complicated, and so rigged in favor of and larger institutions.
I should probably just concentrate on saving money on my auto and home insurance. Laffy.
I've been looking at VXUP & VXDN, but seems to me another way for Credit Suisse to rip off average retail investors with small portfolios. Although these two do have some mechanisms built in to actually track the settlement index number.
It's frustrating to me that simple things like insuring one's portfolio has to be complicated, and so rigged in favor of and larger institutions.
I should probably just concentrate on saving money on my auto and home insurance. Laffy.
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