Imagine coming home one day to find that thieves broke into your home and stole your vintage baseball card collection. While you can’t get back the time and emotion that went into collecting all those cards, at least your insurance will pay you for its monetary value. Personal property cove...
Ezra Firestone:You know, I think that one of the things that most entrepreneurs have is a veryhigh-risk tolerance, and in order to be a successful poker player, yeah, I came up playing cards in the New York City underground, I was playing with guys like Vinnie the Limo and Johnny Two...
How it works: A severe thunderstorm uproots a tree that falls onto your home, crushing part of the roof and attic. You’d pay your share of the repair cost — known as the homeowners insurance deductible— and then the insurer would pay the rest, up to your dwelling coverage limit. ...
The last part is the tricky part. Say you buy a TIPS maturing in a year’s time. If when it matures the FX has moved, if you haven’t hedged the FX then there’s every chance the FX movement will dominate the bond return (e.g. today you sell £10k to buy $12.5k, buy a T...