02/05/2019 - What You Don't Know CAN Hurt You

The research I'm writing about this week is nearly a decade old, but it is still worth considering.  The concept is "What you don't know CAN hurt you!"

According to the Oxford Dictionary of Proverbs, the oldest written version of the saying “what you don’t know can’t hurt you” comes from 1576, in Petit Palace by G. Pettie. “So long as I know it not, it hurteth mee not.” More recent empirical research suggests the opposite, particularly when it comes to the relationship between levels of education and the likelihood of continuing to suffer from chronic and disabling pain.

While there might be a number of factors that affect how much pain we experience -- such as diet, exercise, occupation, pasttimes, and such -- there is also evidence that education level plays a factor.

So enjoy a good read HERE and expand your education.

FINANCIALLY SPEAKING

The concept of "What you don't know CAN hurt you" is especially true in the area of financial matters. Yet it is very difficult to lay hold of concepts that you don't know you need to know!  The immediate objection that arises is:  "But Gary. How can I know what I don't know?!" 

Let me be very frank here.  One of the best ways to learn what you don't know is to start asking questions - open-ended, "this is my story" type of questions.  One of our staff members models this well.  She will often process new information by asking how it applies to her situation.  This generally leads to new questions, which is good!

Maybe it would be good for you to sit down with an adviser and ask some open-ended questions.  "So if I want to retire in a few years, what should I know that I don't know?" or "I think I might inherit some money in the next few years. What do I need to know ahead of time?" or "How would a job change affect my retirement plans?"

Folks, this isn't just TAX TIME.  This is also a great time to gain some knowledge that will last you a lifetime.  What you don't know CAN hurt you.  Call us if you'd like to sit down and talk. We have a very easy process in place to make your first appointment all about you.