Midpack
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Triggered by another thread, this phenomena has always puzzled me to no end. It's been noted here countless times, but the "why" has not often been discussed.
While I had some employees who unfortunately may not have been capable of handling money for themselves, many with HS educations could. But even more, I have some technically accomplished friends who are almost clueless about investing, retirement planning and even personal finance. Among them (most without pensions):
I want to just shake them and ask WTH, but I know better than to provide investing advice to family and friends, especially when they haven't even asked.
I have never understood how otherwise very smart people can be so uninterested in their own financial security
While I had some employees who unfortunately may not have been capable of handling money for themselves, many with HS educations could. But even more, I have some technically accomplished friends who are almost clueless about investing, retirement planning and even personal finance. Among them (most without pensions):
- An attorney
- A small IT company owner
- Several engineers
- Several doctors, medical specialists
- An accounting manager (this one really amazes me)
- A small business owner
I want to just shake them and ask WTH, but I know better than to provide investing advice to family and friends, especially when they haven't even asked.
I have never understood how otherwise very smart people can be so uninterested in their own financial security
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