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.
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Health insurance, long-term care insurance, homeowners insurance, dental insurance
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Extended warranty on refrigerators
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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.