Custom Search

Tuesday, June 15, 2010

World Elder Abuse Awareness Day

√Črable canadaImage via Wikipedia

Today is World Elder Abuse Awareness Day and Hoss Cents Free Financial Money Magazine is proud to support the international effort against elder abuse, especially financial fraud.

Senior’s are sometimes convinced to invest in investments well outside their risk tolerance level, which is a strict no no in the investment world. In addition there is sometimes outright theft of senior’s funds by someone they trust.

The Hoss encourages all of his readers to take action to prevent the financial abuse of elders by talking with your elders and teach them ways of protecting themselves from investment fraud. Make sure they understand to investigate not only the investment opportunity but also the person promoting the investment. Never hand over money without proper investigation and if necessary seek out independent advice from a third party.

The Canadian Securities Administrators offers fraud prevention resources for seniors which include:

Protect Your Money: Avoiding frauds and scams
Scam Artists Pursue Adults Over 50
Sandwich Generation: Are you caught in the middle?
Boiler Room Scams: Could you be vulnerable?

Stay on Track,Money Magazine HossNext Hoss Cents Free Financial Money Magazine Post:
Return to previous post from:World Elder Abuse Awareness Day
Enhanced by Zemanta

1 comment:

  1. Thanks for taking the time to discuss this, I feel strongly about it and love learning more on this topic. If possible, as you gain expertise, would you mind updating your blog with more information? It is extremely helpful for me.

    liability

    ReplyDelete

Stock Ticker

Disclaimer

The Hoss is not a financial adviser. This blog is a reflection of his personal opinion, experience and financial choices. For financial assistance, please consult a licensed financial services professional.

The contents of http://free-financial-money-magazine.blogspot.com are provided for informational and entertainment purposes only, and should not be construed as advice. This material is not intended to provide, and should not be construed as providing individual financial, investment, tax, legal or accounting advice.

While the information shared on this website is believed to be accurate and reliable, the owners/operators of this website specifically disclaim all warranties, express, implied or statutory, regarding the accuracy, timeliness, and/or completeness of the information contained herein. Individuals leaving comments on this site are solely responsible and liable for the contents of their comments. Because this website is intended to provide general information only, you should discuss your specific needs with a qualified licensed financial services professional.

Links to other websites are for convenience only, and are independent from http://free-financial-money-magazine.blogspot.com. No liability is assumed for any inaccuracies in the information or for the content of any linked websites. No endorsement or approval of any other products, services or information is expressed or implied by any information, material or content referred to or included on, or linked from or to this website. No liability is assumed for incompatibility, non-suitability, viruses or other destructive/disruptive components on or from such websites.