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26-08-2012, 08:24 PM
Yes, a Will, will helps a lot.
But psychologist tells us a newly bereaved widow or widower will take sometime to be strong again and ready for anything.
He or she is at her weakest point.
Dog is correct that's where most con-artists will strike.
So it's best to have appointed a trusted relative to "standby" as co-executer of the estate or at least as a "helper or guardian".
That's why for the Chinese, we have many mourning or bereavement periods of rituals.
Though, today, the rituals are not practised so strictly anymore.
So i believe even spouse is not interested in investment, i still have to keep her involve one way or another.
i use to tell her why i buy this and why i sell that.
And oops! why and how i made mistakes and lost a lot of money.
i point to her usually due to greed and fear.
One day if spouse really have to take over at least she knows something.
And hopefully she can when she knows she has to stand "alone".
Shalom.
But psychologist tells us a newly bereaved widow or widower will take sometime to be strong again and ready for anything.
He or she is at her weakest point.
Dog is correct that's where most con-artists will strike.
So it's best to have appointed a trusted relative to "standby" as co-executer of the estate or at least as a "helper or guardian".
That's why for the Chinese, we have many mourning or bereavement periods of rituals.
Though, today, the rituals are not practised so strictly anymore.
So i believe even spouse is not interested in investment, i still have to keep her involve one way or another.
i use to tell her why i buy this and why i sell that.
And oops! why and how i made mistakes and lost a lot of money.
i point to her usually due to greed and fear.
One day if spouse really have to take over at least she knows something.
And hopefully she can when she knows she has to stand "alone".
Shalom.
WB:-
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.