Have you ever walked into an Electronics Store and walked out with something that you don't understand? It happens to me all of the time. I want to have the "latest and greatest" DVD BlueRay High Def Techno Mumbo-Jumbo and I get the thing home and I don't know how to set the clock - much less figure out all of the bells and whistles on the thing. As a matter of fact, I just recently learned how to turn the power off on my iPod. Didn't even know that it had the function!
How often does this happen to us in regards to our finances? Have you ever sat across the table from a financial advisor who wanted to sell you a portfolio of Mutual Funds that could jump off the table, sing and dance. The same thing always happens when you sit down with your Insurances-guy too!
From this day moving forward, don't buy ANYTHING that you don't understand!
Seek out the assistance and direction of people that possess "The Heart of a Teacher". Find an accountant, insurance person and an investment advisor who
(1) is an expert in their field,
(2) explains everything in a way that you can understand,
(3) places emphasis on education rather than sales and
(4) empowers you to make your own decisions with your money!
Don't be coaxed and prodded into buying something that you don't understand!
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