It was a moment I’ll never forget. I was on a book tour, giving a yet another speech, when an older woman, leaning on a cane, came up to me afterward.
She was 84 years old and had been married to a very wealthy physician who handled all the finances. But 10 years ago, he died, leaving her no money but a lot of debt. Turns out all his investments were all on margin, using borrowed money.
Before the shock even wore off, she found a financial advisor, started taking classes, and learned about investing.