Thomson ReutersDecember 16, 2013 14:46
(The opinions expressed here are those of the author, a columnist for Reuters.)
By John Wasik
CHICAGO (Reuters) - If you buy insurance on your home, you know that most of your losses would be covered in a catastrophe. Can you do the same with your portfolio?
There are lots of ways to buy portfolio insurance, but you have to be careful with leveraged exchange-traded funds (ETFs), which may offer protection, but carry a huge downside risk.