Jae's Corner | Now It Makes Cents

Jae's Corner | Now It Makes Cents

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Jae's Corner | Now It Makes Cents
Jae's Corner | Now It Makes Cents
Who's Not Your Financial Advisor?

Who's Not Your Financial Advisor?

Answer: your physician

Feb 19, 2023
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Jae's Corner | Now It Makes Cents
Jae's Corner | Now It Makes Cents
Who's Not Your Financial Advisor?
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Yer Boi Quoted In Esquire Magazine

Not everyone has heard of USA Today or thestreet.com, no one has heard of Maximize Your Medicare apparently, lol.

Y’all heard of Esquire, yeah? Click on the image to read the full article.

This Newsletter Doesn’t Provide Health Tips

So what, pray tell, are doctors doing, giving financial advice?

This is how the price of financial matters is determined. There is no way of getting around this structure. It is literally everywhere.

  • Health insurance, long-term care insurance, homeowners insurance, dental insurance

  • Extended warranty on refrigerators

  • Stocks, bonds

If you command the two images above, you will be able to understand any financial topic where uncertainty is involved. Are there assumptions and variations involved? Yes. Do the principles change? No.

It’s my job to explain the assumptions, variations, and their financial impact to you.

What Is Notably Absent?

This ain’t part of my explanation, I promise.

  • Expertise of the book on the left is nowhere to be found in the prior image gallery.

  • Oh, and Humana doesn’t give one lick about your political views when determining your cost or benefits. There is no tick box to state your political views on any application, go ahead and look, I have.

This? Inexcusable

None of the above stops this physician on the right (KevinMD) from thinking that he’s a financial expert. There are financial people that aren’t experts, but say they are. What are physicians doing, pretending to be experts in other fields???

No dear mechanic, I am not going to ask your opinion about TSLA, F, or GM stock.

I have a great deal of patience for those that simply do not know, and acknowledge this to be the case. A. Lot. Of. Patience.

However, when you are the educated, and are intentionally stating that you are an expert in a field, and that qualifies you to be an expert in another field? Patience expired.

We are going absolutely nowhere in ‘fixing’ the cost of healthcare as long as we allow physicians to pretend that they are financial experts. They aren’t.

And again, the repeated: I’m not a hater, I greatly appreciated my late, beloved father, a physician.

How To Modify Medicare Advantage

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