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Author: SeeFoolRun Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 308881  
Subject: Re: Would you trust this man with your finances? Date: 6/21/2007 7:29 PM
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Would you trust a doctor who smokes?

yes.

I would trust a doctor who speeds, eats red meat, skydives, doesn't exercise, or is overweight too.

I'm not looking for my doc to be my role model for healthy/safe living choices so i can pattern my own choices after his. I want a doc to be able to quickly and accurately diagnoses causes of illness or gauge the extent of injuries and determine the best course of action to correct the situation. I want a doc to be able to interpret test results or observation recordings and identify real or potential irregularities.

I really don't care how he chooses to live his own life. All I care is that he has the knowledge, experience, and cognitive ability to do the above for me. What he chooses for himself are his choices to make.

Same for this guy - I really wouldn't care how he handles his own finances if what the advice I was receiving made sense for my situation. We wouldn't be sitting there talking about his finances anyway. His income levels, savings goals, risk tolerance, quality of life needs, etc are all probably different than mine so his savings/spending patterns would also be different than mine. Doesn't mean he can't give solid advice to others.

I read that and think that their lifestyle is important to them and they are comfortable living the way they are temporarily and confident it will not wreck the long term goals. Good for them. Might not be what I'd do, but how to spend their money isn't my choice to make.
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