Heather R. Chubb, Esq.
The Chubb Law Firm
Fair Oaks, California
916-241-9661
Member of the national ElderCare Matters Alliance, California chapter

Keeping Our Seniors Safe From Scams

Our seniors are a charitable bunch, but sometimes that can get them into trouble.  And the scammers out there know it.  The scammers know that our seniors are often isolated and being a friendly bunch are willing to talk to a friendly voice.  They also know the mail is the highlight of the day for many seniors.  Seniors are also inclined to provide information via surveys.  And everyone likes to think they could win it big with the lottery or sweepstakes.

Read more on Today's Elder Care Article on ElderCareMatters.com: "Keeping Our Seniors Safe From Scams"…

J. Michael Bishop, JD
Smiley Bishop & Porter, LLP
1050 Crowne Pointe Parkway
Suite 1250
Atlanta, GA  30338
770-829-3850

Member of the national ElderCare Matters Alliance

Interest rates on bank CDs and money market funds have been at historic lows over the last several years. Sure, everyone wants to make more income from their assets. But always remember there is no free lunch. No matter what a salesman might tell you, with bigger returns come bigger risks.

In an effort to attract seniors’ retirement funds, Wall Street has introduced an array of increasingly complex products that promise investors higher yields than are available from CDs or government bonds. Unfortunately, most of these products carry the danger that an investor can lose most or all of his or her principal investment. In many instances, higher yielding investments are simply inappropriate for seniors seeking to preserve their assets and should not be recommended by stockbrokers, financial advisors or investment advisors.  Read more on Article of the week: "Beware: Higher Yielding Investments Can Have Higher Risks"…