S&P 500 ^GSPC
5,136.02
+0.78%
Nvidia NVDA
$820.78
+3.75%
Meta META
$502.29
+2.48%
Alphabet GOOG
$138.02
-1.26%
Amazon AMZN
$178.45
+0.96%
Tesla TSLA
$203.10
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Apple AAPL
$179.68
-0.59%
Microsoft MSFT
$415.29
+0.40%

Banks have been mentioned quite often here, but what about insurance companies? Do you have any in your portfolio? I cancelled my position in $ALLY+0.9% completely last year (with profits) and kept only Radian Group $RDN-1.0%, which is scheduled to pay me a dividend today (3.55%) 😎.

RDN
$28.84 -$0.30 -1.01%
Capital Structure
Market Cap
4.2B
Enterpr. Val.
4.2B
Valuation
P/E
7.3
P/S
4.6
Dividends
Yield
4.2%
Payout
15.5%

I've been thinking about VIG for a while, but the dividend withholding tax is quite a turn off.

I think $BRK-B-0.6% is good enough for me. They'll take care of it for me😁

I don't have the insurance companies, but I'll check them out. Just out of interest.

Insurance companies are not my cup of coffee, but it's not bad. Berkshire trusts them, too, and a lot.

Berkshire just inspired me with ALLY, which I later included in my portfolio after analysis.

I don't have insurance companies in my portfolio, and today is one of the reasons not to have them. I am referring to @rickiereeve's post where one can see how one unexpected event can significantly affect their business and hit their revenue.

So it doesn't have to be directly focused on injuries, etc. What about car insurance, does that seem so miserable to you?

I only have $PGR-0.9%, one of America's largest insurance companies, focused mainly on auto insurance. For me, the insurance company is on par with a bank in terms of safety, stability, and actually those dividends.

I thought about that one too, but it didn't stand up to me with its price at the time.