Finance: Prompt 2

Personally, both articles were easier to read than I thought they were going to be but for some reason 4 Reasons Against the Fiduciary Rule Debunked was a little easier for me to understand and grasp the concept of what we are supposed to be learning about this week. The Fiduciary Rule is basically all financial advisors helping there clients save money need to have the clients best interest in mind instead of there own.

What I don’t really understand is how someone can be so cruel in there job. No matter what your job is whether it is a teacher, CNA (Certified Nurses Assistant), social worker or even a manager at Walmart, you ALWAYS have someone else best interest in mind because it is part of your job! The second you put yourself first is when you lose your job. How can someone keep there job when they aren’t even doing the main portion of it which is help there client save money.

If I had to chose one of the articles that was easier for the consumer to understand it would be 4 Reasons Against the Fiduciary Rules Debunked because the lay out was easier to read, the main points they wanted to explain were very much in detail with words that were easier to understand and it explained everything as you read along. It was a tad bit longer but only because it had more explanations. I liked both articles and I really like how Last Week Tonight with John Oliver: The Retirement Industry is a Minefield — But Here’s the Answer had five main points at the end that they thought were necessary to include sort of as a reminder.

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