December 5, 2013 Leave a comment
The Patient Protection and Affordable Care Act, more commonly known as Obamacare, was signed into law nearly four years ago in March 2010. A vigorous debate has ensued in the time since between those that upheld the virtues of the law and those that adamantly opposed it. But since the beginning of October 2013, the prolonged debate over the conceptual has finally begun to transform into an examination of the concrete. And whether you have been for or against the Affordable Care Act (ACA) over the years, it is difficult to dispute the fact that the initial roll out of the program has been an utter mess. This initial outcome along with the events leading up to it provide an important lesson for stock market investors that is worth heeding as we move forward.
Please click on the link to read more of my article on Seeking Alpha.
This post is for information purposes only. There are risks involved with investing including loss of principal. Gerring Wealth Management (GWM) makes no explicit or implicit guarantee with respect to performance or the outcome of any investment or projections made by GWM. There is no guarantee that the goals of the strategies discussed by GWM will be met.