The Wall Street Journal has an excellent article about how aging impacts our ability to see “bad things.” From their article “Finances and the Aging Brain”: “…investors … can end up victims of financial predators, and new findings in psychological and neuroscientific research are helping to explain why. As people age, they become more focused on maximizing positive emotions and social interactions—and more determined to block out negative experiences. This process, which experts call socioemotional selectivity, leads older people—including the affluent—to pay more attention to those who make them feel content and comfortable. At the same time, they are more likely to neglect warning signs that might have been obvious at a younger age.”
You can find the article here:
possibility – and to my thinking, a much more desirable target. Do you have a banking app on your phone? Do you check your stocks or retirement accounts on it?