Free seminars abound, sucking in the unaware, sometimes plying them with complimentary food and drink, throwing a bunch of confusing facts and figures at them and then sinking their teeth into their hard-earned money to the tune of a percent or two per year.
I had an experience recently that was a wake-up call for the importance of financial literacy. First impressions were slick and convincing, but scratch the surface with a bit of well-informed skepticism & it all started to stink.
High income earners are particularly juicy targets for obvious reasons. Being trained as a physician, I’m familiar with the marketing we’re exposed to, but I suspect many others are aggressively targeted too