Respecfully I disagree.Lehman Bros. bondholders will likely get zip.The 100K limit (Florida) is per company so a risk averse annuity purchaser could buy a 100k annuity from multiple companies.In reality there are costs involved with this strategy.A collalary strategy would be to buy from higher rated insurers.It is an erroneous comparison to equate the risk of a buying a bond with the risk of an annuity purchase. The default rate of bonds is much higher plus there is no state insurance at all on a bond default.buzman
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra