Shhhh. I spent 23 minutes on Yahoo! Finance, the largest business website in the land. You can press on the image to watch it.
Nothing To See Here
If you have read this newsletter and then start watching the video, you will quickly know this: nothing is different from anything that I have said for months and months. Nothing. The background facts will change and you serve your own interests by keeping informed. I will provide the implications for the wide audience. For individuals, they send an email to info@gh2benefits.com.
What I Said
Obvious to us here on Jae’s Corner. Healthcare cost planning vital, the cost is high in pure dollar terms. Green onions now cost $1.50 a bunch? I buy a lot of green onions, it’s annoying. Miscalculation and/or misunderstanding of health insurance is a $5000 error, a year, per adult. We are focused on the world we have, not on finding an elusive utopia which would require fiscal and political will that is nowhere to be found.
You can take any side, I will take the other, for funsies, and I will grind us to a stalemate, when it comes to debating who is right/wrong, and how to “fix” healthcare costs in the US.
What I Didn’t Say
I am working on it haha. There are segments that didn’t appear on the interview. I will try to obtain the extra time for a “director’s cut.” I know the interviewer well. There is no one in the media who is better than Robert Powell, you can stamp that in permanent ink. He is as even-handed and well-meaning as it gets.
Paid subscribers have seen what I would ask Dr Oz, the head of the CMS. There is a chance that Bob interviews Dr Oz, omg.
Nvidia and Bitcoin Get (Mostly) Irrelevant Headlines
If you have no idea of healthcare costs, that also means that you don’t have a plan for how long your investment and savings must last.
Mr Perfect, 30 years old and single, would reasonably reduce health insurance costs aggressively, to divert funds to an aggressive, long-term focused savings and investment strategy. He can take his shot at glory, changing his career path, if he thinks he is a game-changer.
Miss Sickalot, 55 years old and married, with sisters/mother who passed away from breast cancer? She has a very different approach. Life expectancy is shorter, obviously, she is 25 years older than Mr Perfect. More money needs to be diverted to healthcare cost planning. The savings and strategy has to be different, even the selections within a portfolio would be different.
This is simple common sense. You can all understand this. The main issue is that the information you are provided is focused on “target price” of NVDA or Bitcoin. They are details, and fun (!), but they are much less important than your understanding of the prior two paragraphs.
The key difference is that the DURATION of planning is different. That is a technical term with more than one meaning. Duration is not coincidentally the name used to describe the price difference of a bond, for a given interest rate change. Oh wait: stocks for show, bonds for dough? I have heard that somewhere, someplace.
SEATTLE NEXT: SUNDAY, JULY 14, WITH KATE DANIELS. You can listen on Spotify, too.
#Yahoo #Finance #Interview #Jae