Insurance Reviews - Stock assurance
Good morning. Now, I discovered Insurance Reviews - Stock assurance. Which could be very helpful for me so you. Stock assuranceYou have a lock on your house. You have a lock on your car. You have a lock on your tool shed. Do you have a lock to protect your stock shop investments?
What I said. It shouldn't be the actual final outcome that the real about Insurance Reviews. You read this article for information on an individual need to know is Insurance Reviews.Insurance Reviews
Maybe you have a safe at home for your valuables such as jewelry, rare coins, special documents and even stock certificates. Wait a minute. Is that stock certificate protected just because it is surrounded with 3 inches of steel? Not really. The qoute is that its value does fluctuate every day. It is Ok so long as it is expanding because that is why you bought it. The broker told you to put it away and forget about it.
I hate to tell you this, but in the last 3 years that stock you own either in your safe deposit box or in your list at the brokerage house might be worth a lot less. Wouldn't it be nice if there were some way you could protect that venture from a big loss? You can, but you will have to pay a premium, but you can set the amount of the prime yourself.
Some stocks you don't have to worry about. Isn't that true? You know, it's good ole At&T. Mom bought that years ago and gave it to me when it was per share. She said not to worry as it will go up and be there for retirement. Huh? You just looked and it is .00. Can't be, but it is. Now don't you wish you had bought some of that stock venture insurance? I bet your broker didn't tell you about it. They never do because you might end up with cash and take it out of your list and he wouldn't be able to make some nice commissions.
Most folks never heard of stock insurance. It has been there for years and years. Here is how it works. Call you your broker and tell him to enter an order for this stock with a loss safety and you are willing to pay a prime of 10% (you can set the ration amount for more or less) and you want it to stay there until you cancel it. No, you don't have to send him a check. He might be a limited puzzled at first until he realizes you are talking about on Open Stop Loss Order. He can enter that for you. If you had put that in place when At&T was selling at you would have sold out at .50 and today you would be about ,500 richer for each 100 shares. (P.S. Brokers don't like to do this and will try to talk you out of it.)
You can do this with any listed stock to protect from loss of your investments. When you reconsider that the ample shop is down about 40% in the last 3 years that 10% prime looks darn good.
A stop-loss order should never be lowered and should all the time be raised to supervene a stock price up as it increases. It is not too late to do it. Call your broker today.
(c) 2005
I hope you get new knowledge about Insurance Reviews. Where you possibly can offer use in your daily life. And above all, your reaction is passed about Insurance Reviews.
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