101. Are You In Denial?
One of the joys about living in Los Angeles, California, is driving the freeways and spending a fair amount of time in one's automobile listening to the radio. I'm always amazed at some of the things I hear. For example, a few days ago I heard about the woman in New York City who is suing her physician for telling her she is fat and needs to lose weight? The State Attorney General is actually looking into the case. Imagine a fat woman not wanting to hear that she is fat. Did the truth actually cause her that much emotional duress?
Of course I was not privy to all of the details and I'm sure there must be more to the case than the obvious headlines, but really, what possible extenuating circumstances could actually merit such a ridiculous premise for a lawsuit?
Actually, I don't really wish to discuss such a frivolous matter, but the mere idea of it caused me to contemplate other similar concerns, especially a few regarding the senior citizen population.
Our physical health and well-being is often the main topic of conversation, which takes up quite a bit of space in all forms of the media, not to mention a good part of our daily conversation with one another. But today I want to focus on our financial health and well-being, a subject that is usually too personal for general conversation.
For the past year I've been attending a number of free seminars, directed mostly at senior citizens, which are a little suspect to me, for that reason. It seems that we are very easily scammed. Various financial planners, brokers, strategists, etc. offer these free seminars, all seemingly genuine in wanting to help educate, while also hoping to get some new business, which is okay. My attitude is that there is always more to learn, especially during our changing times. It is curious why senior citizens are so targeted, though.
I've learned about option trading, heard discussions regarding why one shouldn't rely on social security benefits, why paying off one's mortgage is "old thinking," and a myriad of similar topics. In fact, the more I learn, the more enamored I am about the financial world. I almost regret not getting my commodity trading broker's license years ago, when I had the opportunity. That's another story altogether, but not entirely unrelated.
Let it be known that I am now in the process of securing various licenses, in order to help others become more financially aware and secure. I have never been, nor am I presently motivated to do any kind of work for financial reward, though I am indeed interested in helping to educate others.
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