"Even people who feel perfectly comfortable investing in the stock market and owning their own homes often have qualms about individual medical accounts or Social Security private accounts"
- Jacob Hacker
About this Quote
This quote by Jacob Hacker recommends that despite the fact that people might be comfortable with buying the stock market and also possessing their very own homes, they may still have reservations regarding specific medical accounts or Social Security exclusive accounts. This could be because of the reality that these accounts entail more individual as well as delicate details than stock exchange investments or home ownership. Individuals may be hesitant to trust their individual medical details or Social Security information to a 3rd party, or they might be concerned regarding the safety and security of their accounts. In addition, people may be not familiar with the procedure of setting up and handling these accounts, as well as may be unclear of how to tackle it. Ultimately, this quote highlights the fact that even though individuals may fit with particular kinds of investments, they may still have reservations concerning other sorts of financial investments.