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Wednesday, August 12, 2009

People like me get scammed

So, what type of idiot falls for financial scams? People like me:

"The typical investment-scam victim is an optimistic married man in his later 50s who has a higher-than-average knowledge of financial matters and deep confidence in his own judgment, according to research funded by the Financial Industry Regulatory Authority's Finra Investor Education Foundation."


My friends might quibble about the "optimistic" part, but the rest fits.