Wednesday, March 30, 2005
Hokay, here's my idea...reverse insurance. You get a company to pay you x amount of money every month. Then, if you win the lottery or your book gets published or whatever it is you're reverse insured for, you have to pay them money. if whatever it is flops, you've got money. if it succeeds, well, it succeeded, so you've STILL got money, and so does the insurance companies. Just like normal insurance, the higher the likelihood of your event and the greater its cash value, the higher the primaries are...writers and things could use it. Now I just need the huge amounts of capital accomplishing this would require.
Posted by Mobius Soul at 8:38 PM