Thursday, July 22, 2010
Vulnerability to elder abuse increases as a result of age-related changes and challenges such as cognitive impairment, reduced sensory capabilities, mobility challenges, depression, isolation, and dependency on others for assistance with daily living activities.
What is “Financial Abuse”?
It’s using the elder’s money or assets contrary to the elder’s wishes, needs, or best interests - or for the abuser’s personal gain.
Thursday, July 15, 2010
Rates will go up, someday. There are arguments about whether or not rates will rise this year or next. I’m going to boldly say that 10 years from now, rates will have gone up from today! I feel pretty safe saying this as these are pretty much the lowest bank rates that have existed since such tracking began.
Monday, July 12, 2010
After some bitter complaining about all that work for nothing, my dad simply said “If you had fed the pigs every morning and night, cleaned their stalls out more often, and always made sure they had water, you probably could have sold them at 8 months for the same price. By not doing those things properly, it took longer for them to gain weight and increased your costs. Do it right next time and you will make money.” Hard lesson for a 14 year old to learn. I bought more pigs, did a better job at caring for them and made some money off them.
Monday, July 5, 2010
I shared the above because I want to emphasize one thing: If it seems too good to be true, it probably is. Now, I have to say that there are many investment opportunities out there, from investing in large corporations, to buying into a business, to helping fund private investment firms. However, there are many crooks that are quite willing to take your money, and they are very good at it. The following are a few of the things you will want to think about before trying to invest your hard earned money: