I just watched an interesting video. We all may be missing the boat on Obamacare. It may turn out that for investors in pharmaceutical stocks and also fast food chain stocks that given the provisions of the law, those stock prices could take off and if properly invested in can net people a lot of financial return. In other words the unintended consequence of this law could actually be a great capitalistic outcome! Example: Companies do not have to provide insurance if a worker is working less than 40 hours per week, so they just drop employee hours back to 30 hours or less and then reapply what was formerly the chunk of money going to their healthcare plans to the bottom line. Now it is true they will need to hire more workers to cover their schedule but they just come in at 30 hours too. The video was apparently made early in 2013 or late 2012 and it actually talks about the dropping of insurance coverage some Americans are seeing today before it happened. In other words it does appear to me to be an irrational dissertation. It does make the point that these employers who do this may not even want to do it but they have an obligation to their stockholders to be profitable and so they will. The title of the presentation was Obamacare, Dont Get Mad, Get Rich. Possibly worth running past your Financial Advisor see what they think. And this is probably more important to young or middle aged folks just starting out their investment careers than us old guys. Pretty amazing thing and I confess I did figure out the above on my own way before I even saw this. As the Godfather said, It is strictly business, nothing personal.
Posted on: Sat, 01 Feb 2014 05:10:24 +0000
Trending Topics
Recently Viewed Topics
© 2015