Portfolio insurance promised to capture the upside of stock market exposure while limiting the downside, by automatically selling stocks as the market declined. (frank-k-martin.com)
I think it's important to start with your risk tolerance and determine how much stock market exposure you're comfortable with in the first place. (moneysense.ca)
Beyond that, maybe you're an investor who is comfortable with a large stock market exposure. (moneysense.ca)