Not everyone trades on margin or speculates with derivatives. We just drip money into a diversified portfolio. There is obviously potential for huge losses. It all depends on how the companies of the world do.

I'm just not knowledgeable about the device tax. I actually haven't heard of it, but it rings true to me.

I agree. If there's no underwriting, it's not insurance. I think the concept of insurance against non-accidental health problems was poised to fall apart because of genetic testing. PPACA spreads the risk of things that have already happened by eliminating underwriting.

More like a "dearth" of red marking pens.... ;-)

snort

Point for dearth.

Since I have a dearth of enlightening exposition, thought I'd just wander about and see what I could find to do.

It won't be the big boys. I have read that some big time investors have started taking money out already. Not sure how that can be verified. I know my small money is out.

Thanks Rock. :) I was thinking what everyone will do when the pooh hits the fan.

followin the words around tonight, eh?

Feint? Or 'faint'...

Thought I would get there first. (joking) ;-)

Obamanomics. Everyone gets paid with the same dollar which is worth nothing in the first place.

I dunno but somebody will be faked out.

Have you heard this one. One hundred people are standing in a circle. Everyone owes the person to their right one dollar. No one has any money. A man walks by who is friends with one of the people in the circle. The friend borrows a dollar and hands it to the person on his right. This continues around the circle until the dollar comes back to the guy who borrowed it. He gives it back to his friend and everyone is paid off. What just happened? A guy told me this without an explanation. Just food for thought I guess.

lol

they are all playing with money that is not theirs-who will feint first? ;)

It is not for the faint of heart. It sounds like big money is being made but I think the chances for huge losses are real. I am out until we see a major correction.

Think it can play the part?

(Chuckle) !

if the states hadn't been in on the deal, a person would have been able to take their insurance with them if they changed jobs-just like retirement plans that are vested. Medical underwriting makes sense-insurance is about risk not about rights

You responded to a comment about the medical device tax, and I answered your comment.

Sorry...but I didn't dream this tax up.

And, sorry...you are absorbing it in any policy that adheres to the ACA.

eye role

the number of those in the stock market are 1/3 of the participants prior 2000.

walls. walled cities. and you are not in them