Advice you can Trust
I recently came across an interesting article in the Financial Post that illuminated some truths that lie behind common wisdom. The adage, “if it seems to be good to be true in appearance, it probably is to good to be true in reality.” My advice, in today’s blog, is to be a lifelong learner. Common marketplace wisdom is often good, but in the words attributed to Ronald Reagan, the 40th President of the United States, it is good to “Trust but Verify”. President Reagan was taught the phrase by a Russian historian, Suzzanne Massie. Ms. Massie, a consultant to the President, explained it this way: “Doveryai, no proveryai” or “trust but verify” is a Russian proverb that means that a responsible person always verifies everything before committing themselves to a common business with anyone, even if the other party seems completely trustworthy. In the Bible, Acts 17: 10-12, there was a group of Christians from the city of Beroea, that “examined the Scriptures daily to see if the things that Paul and Silas preached were true”. The Berean Christians understood that their futures depended upon believing and acting on the information being provided by the early church leaders because they knew there were many “wolves in sheep’s clothing”.
There are many people that offer advice and guidance in the market place every day. I have attached this article, by Jason Heath, from the May 26 edition of the Financial Post to give you pause to 4 common myths that thrive in the Canadian marketplace. If you don’t believe me, just read them!
https://financialpost.com/personal-finance/big-money-myths-cost-you
Best wishes for a terrific week!
Al