Healthcare on Wallstrip…Bunch of Sicko's

Posted by Howard
on August 19th, 2007

Great show today! Hysterical.

I consider healthcare a tax at this point in my life and feel fortunate, knock on wood, that I have not really needed it in a big way. I know I will.

I buy catastrophe health insurance for the family and I pay everything up to $10,000/year and my quarterly premiums. I am tired of shopping and worrying.

That’s not the case for most of America. The healthcare companies print money. Always have.

Back in January , I bought the extremely boring healthcare ETF proxy – XLV . I still own it. It was up nicely, but has fallen back to my buy point.

I want exposure to healthcare and biotech, but I have never really understood the businesses and although I own QDEL and AUXL (both Wallstriped), XLV is my biggest position for the sector.

Stickpickr has a good roundup of Long_term healthcare stocks for your portfolio . There are 70 million baby boomers retiring quite soon. I imagine the next boom we have will come from and may just continue to be healthcare as we cover it today on Wallstrip.

Brian does a great job today doing technical analysis on the ETF’s in the healthcare industry:

Disclosure – Long XLV, QDEL, AUXL

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