** 135% PURE PROFITS: BANK THIS WINNER NOW! **

in assets •  5 years ago 

I’ve written many times that when it comes to my own children’s portfolios, I stick only with insurance stocks.

I absolutely love their business model. It is, quite frankly, second to none.

Insurance companies collect premiums, in advance, from the insured clients, for taking on the calculated risk that the policy will, most likely, not get exercised.

If the policy terms are met, in the rare cases that they are, the insurance company will pay the claim, but in most cases, it will KEEP the premiums.

Insurance companies, the best ones, make money twice. The first profit center is an underwriting gain. If the policy was written conservatively, the insurer has made money on the policy itself.

The second profit center, the ones that Warren Buffett has used to become a multibillionaire, is to invest the premiums.

No, the insurer doesn’t technically own the premiums we pay it. They are classified as the “float,” which is the cash reserves it must keep to stay capitalized if many claims have to be paid, all at once, such as in the case of natural disasters.

The “float” is OUR money, held by the insurance company. It gets, through the fact that it is legal to do so, to invest that money and make capital gains on it, keeping all of it, as if it was their to begin with.

Think about that for a second. They get that premium interest-free from clients, even making a profit by just receiving it. Then, they invest it, leveraging our money to make obscene gains. It’s an incredible business, when done right.

When we profiled Californian-based, eHealth Inc. (NASDAQ: EHTH), we knew that President Trump’s healthcare policies, especially with regards to Medicare, would benefit eHealth’s bottom line, but even we couldn’t foresee just how well it would perform!

At the end of 2018, the NASDAQ is down more than 20%, after reaching all-time highs, but, in the meantime, eHealth Inc. is up 135% for us, so we’re not going down with the ship at all!

Can you imagine all the hedge funds, which have betted on FAANG stocks, while we took a boring position in a health insurer, such a basic business, with no bells and whistles, like Facebook, Apple, or Amazon, but we CRUSHED them!

It’s now time to take profits. Health insurers don’t trade from $16.29 to over $38.00 in less than one calendar year.

I’m personally taking my chips off the table at this point. With 40% of the after-tax gains, I’m going to invest in the most attractive gold stock I’ve ever seen.

Get this, though the company has over 20 projects, its main one was valued at over CAD$500M just recently, but the entire market cap is a mere CAD$136M.

Put differently, it would be like buying a house, recently appraised for $250K for $80K, and receiving 19 other homes, FOR FREE.

The market has made a huge mistake, and I’m not the only one to see this anomaly. The CEO has just bought 220,000 shares on the open market.

I’m putting together the complete report on this company as we speak. While doing it, I encountered three different brokerage firms, which specialize in gold stocks, that put a price target of CAD$1.00 on this stock.

It is currently trading for only CAD$0.245!

We just banked a 135% profit on eHealth in less than a year. Now, I want to repeat this with what could be 2019’s best-performing asset, gold.

Best Regards,

Brad Robbins
President, PureBlockchainWealth.com

Legal Notice:
This work is based on SEC filings, current events, interviews, corporate press releases and what we’ve learned as financial journalists. It may contain errors and you shouldn’t make any investment decision based solely on what you read here. It’s your money and your responsibility. The information herein is not intended to be personal legal or investment advice and may not be appropriate or applicable for all readers. If personal advice is needed, the services of a qualified legal, investment or tax professional should be sought.Please read our full disclaimer at PureBlockchainWealth.com/disclaimer

Original Article Available HERE

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