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Comment by justherefortart | Hacker News Reader

My fake portfolio as a kid was heavily IBM weighted. I think it was 120 or 126/share before the crash.

This is one of the reasons I got a degree in finance (and economics). I wanted to know what to do with my money if I ever had any.

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Sounds like a strange logic to me... Is that not like wanting to become a MD just so you can "know what to do" if you ever get sick?

I bet a lot of doctors became doctors for exactly that reason.

I bet it's even more common with psychologists.

I have definitely heard mental health professionals say they got into it to better understand and deal with their own issues.

With only their future personal health in mind? Maybe I'm reading too much into OP's phrasing—it just sounded a bit weird to me... Nothing against OP's choice or the world of finance, I work in it myself.

Its never a good idea to diagnose your own problem. There was a Quora answer thread on how a cardiologist tried to diagnose his own problem when he had an heart attack, panicked and got it wrong. All the while when his students were reminding him of his own advice, to calm down and let the other doctors do their job.

Makes a lot of sense to me. I wish I understood how to deal with money. As it stands, my basic problem is that I don't trust anyone to tell me, since I don't know how to rule out a conflict of interest. So I just set my employer 401k to a high-seeming level and forge ahead.

There's still conflicts at the employer 401k level as well. There is/was basically no way to know. Obama went to fix it and then Trump shelved it.

Can you expand on this or point to specific bills? I am curious

https://www.nytimes.com/2017/02/03/your-money/estate-plannin...

Was it in this?

http://www.roninsoft.com/wsraider.htm

Did your degree help you with that decision?

Yeah, inquiring minds want to know.

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