Reply #35: No, I don't

[zalinda]

For the most part rich people are rich because they pay attention. Most have all their monthly payments on a schedule, and health insurance would be one of them. It's just smart. When you have to figure out the rules of the game, they don't want to play. With not getting health insurance they would have to figure out "how to play the game" and pay the fine or whatever to get health care. They don't do that. They plan, they leave nothing to chance, that's how they got rich.

It's only people who are risk takers who would opt out of health insurance even if they could afford it. Most rich people aren't risk takers. They take out as much risk as possible in any transaction they get into, whether it be stocks or real estate. One guy I know bought a Corvette, and it seemed really out of character to me. When I asked him about the car purchase, he said it was the only car that didn't lose most of it's value as soon as you drove it off the lot, it kept it's value longer than any other car. Most rich also have blue chip stocks, stock that pay less than the glamor stocks, but are always dependable and the companies have little risk in going under. Yes, they will take a portion that they are willing to lose and invest in high flyers, but that is just a small portion. They want to keep their money, and they are not penny wise and pound foolish.

zalinda