{"id":16119,"date":"2014-03-25T12:32:25","date_gmt":"2014-03-25T16:32:25","guid":{"rendered":"http:\/\/pmedicine.org\/epatients\/?p=16119"},"modified":"2014-03-25T12:33:00","modified_gmt":"2014-03-25T16:33:00","slug":"imagine-someone-had-been-managing-your-money-and-you-thought-you-werent-qualified-reprise-five-years-later","status":"publish","type":"post","link":"https:\/\/participatorymedicine.org\/epatients\/2014\/03\/imagine-someone-had-been-managing-your-money-and-you-thought-you-werent-qualified-reprise-five-years-later.html","title":{"rendered":"“Imagine someone had been managing your money and you thought you weren\u2019t qualified.” (Reprise five years later)"},"content":{"rendered":"

Five years ago last week, I posted this<\/a>. A lot has changed since then. Next week I’ll be re-posting what happened next, back then. The subject is still just as valid, so do think about it. Here’s a “reprint”:
\n_________________<\/p>\n

I want you to think about something for a few days.<\/p>\n

Imagine that for all your life, and your parents\u2019 lives, your money had been managed by other people who had extensive training and licensing. Imagine that all your records were in their possession, and you could occasionally see parts of them, but you just figured the pros had it under control.<\/p>\n

Imagine that you knew you weren\u2019t a financial planner but you wanted to take as much responsibility as you could \u2013 to participate. Imagine that some money managers (not all, but many) attacked people who wanted to make their own decisions, saying \u201cWho\u2019s the financial planner here?\u201d<\/p>\n

Then imagine that one day you were allowed to see the records, and you found out there were a whole lot of errors, and the people carefully guarding your data were not as on top of things as everyone thought.<\/p>\n

I\u2019ll be back.<\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

Five years ago last week, I posted this. A lot has changed since then. Next week I’ll be re-posting what happened next, back then. 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