Yeah, I've got a feeling how good insurance stocks are. They're very good. Created several billionaires too. Buffett, MacDonald (the guy whose money gives cash awards to creative people for doing what they do), others.
But - unfortunately - what I don't have a feeling for is what insurance stocks to buy now that will go up in price in future. -g-
I'll have to leave that to another or other posters.
In my review of insurance stocks, I found that the large mutuals that went public generally worked out well for investors in those stocks. (I'm doing this from memory, I can't provide facts, and I could be wrong.) Here's my list:
finance.yahoo.com
(aside: I've got MNY on my watch list since 33; it's now 39, and I'm still not sure what to do.)
This thread's mostly a crowd that works by numbers (imo). Not too many here would venture an opinion about a buy or not-buy on a stock without first seeing some numbers. (This too is just my opinion about people here). If you could give some financial pro forma numbers, there are insurance-knowledgeable people here from whom you might be able to get an informed opinion. Meanwhile, you get my opinion - lol! - which is that it SEEMS like you are in a good position.
Paul Senior, who
although he has long-term positions in several insurance companies...
has been wrong many, many times... AND
when he's been wrong on insurance stocks... VERY wrong. |
