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Sounds like a strange logic to me... Is that not like wanting to become a MD just so you can "know what to do" if you ever get sick?
by mitsubishi77 9y ago
Sounds like a strange logic to me... Is that not like wanting to become a MD just so you can "know what to do" if you ever get sick?
- mikeash 9y agoI bet a lot of doctors became doctors for exactly that reason.
- RobertoG 9y agoI bet it's even more common with psychologists.
- mikeash 9y agoI have definitely heard mental health professionals say they got into it to better understand and deal with their own issues.
- mitsubishi77 9y agoWith only their future personal health in mind? Maybe I'm reading too much into OP's phrasing—it just sounded a bit weird to me... Nothing against OP's choice or the world of finance, I work in it myself.
- kamaal 9y agoIts never a good idea to diagnose your own problem. There was a Quora answer thread on how a cardiologist tried to diagnose his own problem when he had an heart attack, panicked and got it wrong. All the while when his students were reminding him of his own advice, to calm down and let the other doctors do their job.
- recursive 9y agoMakes a lot of sense to me. I wish I understood how to deal with money. As it stands, my basic problem is that I don't trust anyone to tell me, since I don't know how to rule out a conflict of interest. So I just set my employer 401k to a high-seeming level and forge ahead.
- sjg007 9y agoThere's still conflicts at the employer 401k level as well. There is/was basically no way to know. Obama went to fix it and then Trump shelved it.
- Royalaid 9y agoCan you expand on this or point to specific bills? I am curious
- sjg007 9y agohttps://www.nytimes.com/2017/02/03/your-money/estate-planning/fiduciary-rule-is-now-in-question-whats-next-for-investors.html?mtrref=www.nytimes.com&gwh=35D7CA5FE256A0DCC6AA852EDAC1C0A9&gwt=pay https://www.nytimes.com/2017/02/03/your-money/estate-plannin...