A short and interesting article from Michael Kay – a great CFP!
You know the old joke.How can you tell when a politician is lying?
Their lips are moving.
Of course, this isn’t true of every politician—is it? But it should be a warning to exercise a rational level of skepticism when listening to the practiced words of those schooled in convincing others for a living.
Words in the hands (or should I say mouths) of professionals can be a dangerous thing. Speeches and statements are carefully crafted to appear to say one thing while providing enough wiggle room to offer another translation. Or deniability.
When it comes to the financial services business, you should heed the same warnings.