Retirees Should NOT Trust These 10 People

[@charlespratt8663]

Trust no one fully. Assume everything is a scam until you know otherwise.

[@Beautyrest575]

But then you are one of those negative people😀

[@justmyopinion9883]

Thank you. Well said. I trust nobody except my family members. (Some of them I don’t trust either. It depends).

[@virginiamoss7045]

There are degrees of trust; it's not just to trust or not to trust. Lots of the time it takes a period of time to "know otherwise".

[@elliotoliver8679]

The comments section is littered with scams

[@rambojambone4586]

Thank you. The relatives are the most dangerous.

[@cdcdogs4961]

🤣 TRUTH! 👏👊❤️

[@taylorstover3931]

Contractors: I had a painter who was a pro at money gouging, always scheduled near a holiday or a time where you may be desperate and have already prepped for the job. If he gave you an estimate for a basic bedroom and you agreed...when it was time for painting, ends up trim not included, ceiling not included, closet doors not included, window frames not included, each time adding like Ala carte menu, "only $50" here, "only $75" there, suddenly he has added $500 or more to the bill for each room. Rule of thumb now, is to outline and document absolutely everything agreed prior to estimate and to NEVER PAY until work completed and checked.

[@unbreakable7633]

A clear violation of the Consumer Protection Act.

[@dcarr125]

In CA that's illegal. It must be in a contract. Go to your Contractors State Licensing Board, to see the contractor laws. In my state... Any job over $500 the contractor must be CSLB licensed, or they are committing a crime, they also must be bonded, and insured. Should the painter hurt himself in your home, homeowners insurance will not pay out, you are responsible for their injury, if he's unlicensed, not insured, not bonded. Only 10% down payment, or max $1000 whichever is less. Must have a contract in place signed by both parties, with description of project in detail. Must tell you if using subcontractors, subs too must be licensed, bonded, and insured. Its illegal to collect monies more than the value of the work and materials. It's illegal to collect 100% up front. My licensed contractor handed the job off to an unlicensed person, hid this fact from me and my HOA, then installed the wrong windows. I had canceled the project completely. They waited until I left for govt training to force the sale through, they didnt want to return the 65% downpayment. Then, the day of installation my elderly mother protested that the windows were the wrong style, not in cohesion with our HOA neighbors style, but the unlicensed subcontractor convinced her I had changed the window style. I was away for 7 months. I filed a complaint with the CSLB and the contractor is now facing huge fines and a citation for 4 contractor law violations. 1, possibly 2, are misdemeanors. Useful youtube educational videos for home improvements: 7 Things to NEVER say to a Contractor Phil Pustejovsky How to find-hire the best contractors to renovate houses (21 mistakes) Kris Haskins Hiring a Contractor. Watch this First Home RenoVision DIY

[@polarbear6579]

“When it comes to money, people get funny”. That is my own quote. Many/most people act differently when it comes to money, so be very cautious with whom you talk money, share money, spend money, and invest money.

[@alinatamashevich3354]

One I heard: There is nothing funny about my money

[@georgewagner7787]

The Bible The love of money is the root of evil

[@michaelterry4394]

@@georgewagner7787 the lack of money causes insanity !

[@Tamedevil]

Blood is thicker than water, but not money.

[@sheilarae354]

Never invest with relatives or listen to their dreams which they want you to invest Walk away, it always goes bad because this is not your dream Keep focused on your family and their dreams and future

[@tonyhaynes9080]

I listened to long term friends and believed that they knew what would be best for me. No, they knew what was best for them. I still can’t believe that I let them treat me the way that they did.

[@chuckmayper7549]

My finance professors stated that if they knew the secret to getting rich quick, they wouldn't be talking to us!

[@terry_willis]

Honest teacher. Most would NEVER admit/say that.

[@ColdRunnerGWN]

But that is the secret. Get people to believe you know and scam them.

[@gcburkett]

Very true. Be leary of sales pitches. Maybe that makes me a negative person.

[@3namechangezalowdevry90day7]

@@chuckmayper7549 The advisor spambot threads are among us...

[@joes5096]

Took a Contract Law course at a Community College taught by a semi retired lawyer who was also a Naval Pilot in the day. First thing he said was " I already made all the money I need to make, I'm here because I want to teach" far and away the one of the two best classes I every took even counting the BSME classes

[@jforger]

Why is it that only retirees should avoid these types of people? It seems that everyone (retired or not) should avoid these types of people.

[@whatwhome6914]

My dentist says upfront 'it's more for me than for you...'.

[@jforger]

@@whatwhome6914LOL. It’s funny that I always seem to need a filling replaced or a new crown every time my appointment coincides with my dentist’s mortgage payment.

[@allermenchenaufder]

Because retirees are more vulnerable. We come from another era where there was more civility, decency and respect.

[@goodenoughgirl8102]

That was also my first thought. Lol.

[@OurRetireEarlyJourney]

Amen to that!

[@robertperry814]

Not only retirees, avoid these types of people at any age!

[@eunicef1]

You have the perfect speech tempo and tone for these educational videos, Schmidt. Thanks.

[@szawica49]

Right said !

[@thisbushnell2012]

Wells Fargo tried that with me, claiming the second payment on a 6 month same as cash loan had arrived late. The $30 late fee was waived as a one-time 'courtesy', but I was suspicious, since there was no reason for it being late, since it had been sent nearly a month before the purported due date. The 3rd payment was sent with a $3 signature verification card. When the late fee was again assessed, I called them with the name of the signatory in hand and the date she had collected the payment. "Her tardiness in recording the payment is NOT MY FAULT" That late fee was dropped. I spent $3 each payment until the debt was fully discharged in time to avoid paying interest, AND NEVER DID ANY BUSINESS WITH WELLS FARGO SINCE. 33 YEARS LATER....

[@billh.1940]

Wells Fargo was a bank caught up in many scams. Do use them.

[@KarenDemille]

I received 2 past due notices on my mortgage with Wells Fargo. I had previously dropped off the on time payment at our local branch and fortunately got a receipt as proof my payment was on time and delivered to the bank in person. WF did reimburse me for the stop payment on the lost check and I rewrote a new check and was credited back to the date on the receipt. I have purposely avoided using my WF credit card and doing any business with WF. There have been so many schemes in the past about WF employees signing customers up for a new account of some type without the customer being asked or informed, BECAUSE WF had set a quota on how many customers needed to be signed up. WF got caught and was heavily fined.

[@teekay_1]

John Deere financials tried that trick as well, fortunately we had the bank records and we smacked them down. Same thing "as a courtesy".

[@scruffy4647]

When you find someone you can trust, that’s striking gold.

[@StevenI-v2s]

And then there are the snakes that cultivate trust over a number of years and then they take off with your money.

[@jpHarkins-kb2vv]

​. And sometimes they take your wife too.

[@peterschorn1]

1) People 2) People 3) People 4) People 5) People 6) People 7) People 8) People 9) People 10) Everybody else

[@clbcl5]

You forgot humans, they are the worst people.

[@resnonverba3351]

Amen

[@xlerb2286]

Yeah, you're not wrong ;)

[@machintelligence]

Trust no one -- not even me.

[@bobadams7654]

Don't trust yourself!

[@jonniesantos]

OMG, you nailed it! Thank you. PS: You could add HVAC contractors too who don't want to fix your system, but rather sell you new equipment.

[@alinatamashevich3354]

That is a fine line. If your EQ is not too old they will fix it, however if you are nursing a EoL system, it really makes sense to replace it. The newer ones are way more efficient. Always get 3 estimates. BTW I live in the deep south, AC is a must.

[@athletikonaol]

I agree completely. This is true for roofers, garage door installers, plumbers. Many of the trades. The idea that the equipment is too ineffecient to repair is nearly always not true. A new AC system in my area is FIFTEEN thousand dollars. I can pay a LOT of somewhat higher monthly bills before I'll put a dent in that. I called for a garage door repair, and was told I could only get a new door for 7000 bucks. I sent him away, looked carefully at the problem, and figured out my own repair for about $100.

[@georgewagner7787]

If the hvac is old don't fix it

[@JohnStiletto]

Worked as a locksmith and in school another student told of a boss who didn't fit locks but sold you a new one.

[@judyjrasmussen339]

@@georgewagner7787 not always correct. If all it needs is the capacitor replaced you would be foolish to replace the whole unit.

[@rightwingprofessor1356]

Yet another GREAT Video from Geoff...good stuff. 1. Gossipers 2. "Pushy" Salespeople 3. Overly Negative People 4. Manipulative Relatives 5. Chronic Borrower 6. Dishonest Contractors 7. Supremely Aggressive Real Estate Agents 8. Disingenuous Friends 9. Untrustworthy Healthcare Providers 10. Predatory Lenders 11. Get Rich Quick Schemes Geoff...Side Note...You never should have paid the FIRST Late Fee. If the account was paid off as you indicated, there would have been no late fee. I understand your point, however. It is just a scam to screw the young and ignorant. FYI...I spent 30+ years in finance and lending.

[@danielcobbins8861]

Agree. My sister keeps getting bills from Midland Credit, years after she paid the bill. She just throws away the invoice.

[@javierdabster9845]

The most dangerous threats to everyone: Governments (and politicians), Banks, "Healthcare" System and Mainstream Media.

[@3namechangezalowdevry90day7]

@@rightwingprofessor1356 12. AI spambot financial advisor threads

[@jeremiahreilly9739]

Another winner. It is unfortunate that too many people do not learn this when they are 18 years old.

[@markdunn1931]

Spot on with the medical providers. I always ask a lot of questions and seek second opinion regarding surgeries. Great Channel, cheers...

[@skippylippy547]

Same here.

[@jpHarkins-kb2vv]

Had similar issue with conman/dr.

[@arlenesobhani8739]

Had a person I considered a good friend, who had experienced some horrific abuse as a child. I had him do some work on my house, which took two or three hours. The ENTIRE TIME he was there, he ran on and on about the faulty way whoever worked on that item last had performed, and what was wrong with this and that, and what a bad deal I got on this house, until finally I told him politely that I could no longer listen. He had a big emotional breakdown and took his tools and abruptly left. I have no longer kept up communication with him, as it is just too draining.

[@3namechangezalowdevry90day7]

@@arlenesobhani8739 When you "open up" an old house to fix something, you generally find more things that need fixing. Same with old cars.

[@bigedslobotomy]

I’ve found that handymen and contractors always find fault with whatever someone else has done before. It’s the same with doctors. If you go to ten doctors, you will get ten opinions. A lot of things are more art form than science.

[@diannerenn4726]

On the subject of doctors and retirees, the biggest issue I have is their dismissiveness because of age. I may have arthritis, but that doesn't mean I don't expect a physician to join me in caring about my quality of life.

[@33Jenesis]

Overtly friendly and chatty ppl. I often suspect they are collecting information like how many in the house, age, have children nearby or not, comfortable financially or not.

[@x2bate]

I appreciate the fact that your videos go well beyond finances. I find myself sorting through your entire content. Good stuff. Thks

[@michaelfortney7510]

I agree with all of this and appreciate the fact that you share your own experiences and mistakes. It shows how genuine you are and that anyone can fall victim. I’ve seen my own lifelong customers, many with advanced degrees fall for scams even after I warned them.

[@cubiczirconiabeard5366]

Sir Isaac Newton lost 1/2 his wealth in the South Sea scam.

[@frankb1]

Good video. Thanks for posting. I consider myself a fairly sophisticated consumer, but I fell for a surgeon who said I needed surgery right away when I could have postponed it for years. Also, I have been told that Medicare will pay for a second opinion whenever the recommended treatment involves surgery.

[@HolySchmidt]

Thanks for posting

[@resnonverba3351]

Absolutely the case with more and more people in the US. Thank you for sharing.

[@tomrobinson1388]

Good to know that about Medicare. Thanks for sharing it.

[@gto1607]

This is great advice for everybody at any age. These types of people pray on everybody. Don't ever pay anybody in advance !

[@runnn3107]

NEVER ask a realtor if it is a good time to buy a home…

[@mrjuvy49]

Or ask a barber if you need a haircut.

[@Learnmoretoday59]

Great video. I think your perspective as a CPA is helpful in explaining complex and sometimes nuanced subjects in a clear, concise, and yet detailed manner. Appreciate the thoughtful information you provide to the public.

[@HolySchmidt]

Thank you

[@scottschultz7645]

After 60 years of being burned by people I’ve finally learned to trust no one and to triple fact check anything someone says. This country has turned into a greed fest with zero morals and ethics. Sounds negative I know but it’s my truth.

[@danielcobbins8861]

Unfortunetly, inflation is the cause of these scams. More money in circulation means its value drops, and as prices rise, people will figure out ways to grab as much money as they can, before it loses its value further.

[@georgewagner7787]

​@@danielcobbins8861 no it's lack of character. Dishonest. When dad was a kid they had no money. They didn't scam.

[@WmTyndale]

You can Trust Jesus Christ and the Holy Bible and you will therefor be saved from this Wicked World.

[@JohnStiletto]

The inflation is from greed by corporation's increasing their profits and shrinking what they sell.

[@1233-h1]

Me too. I do t trust anyone anymore. Our whole society is greedy and gimme gimme gimme. Everybody out to take from you from fees, taxes, donations, repairs, tips, panhandling, DMV fees, parking, fees, tolls, service fees, handling fees, multiple taxes, broker fees, insurance, higher and higher rents, relatives needing handouts, friends, employers and the list goes on and on. Being a senior is dangerous Everybody wants you gone and in your pockets.

[@sowhat1073]

Hiring contractors is such a PITA. My last roofing and gutter project was a nightmare for my wallet and my roof, luckily he used PayPal for payment and apparently didn't know you can dispute charges through them. He came and fixed the problem eventually. He was whining that I made him bounce checks, but I am not the one that left the job without finishing it. He still hasn't come back to spray my roof with de mossing agent like he promised.

[@jjrr2273]

Yep lazy and shady af - sad to see so little personal integrity these days but leaves the doors wide open for the legit firms

[@georgewagner7787]

My contractor does the job first with a contract and bills when it's finished.

[@americafirst9144]

When hiring a contractor: Look up to see if he is licensed through your Secretary of State. Look them up on the Better Business Bureau. Look them up on your state lawsuits database to see if someone sued them. Ask for references.

[@teekay_1]

In larger cities there are either magazines or organizations that use reader feedback to rate local contractors; I'm always surprised people won't pay the $20/yr subscription fee to find high quality contractors; it saves you thousands over your lifetime.

[@williammorrill946]

POLITICIANS!!!!!

[@rp9674]

If a politician was honest they would never get elected, if they take a firm stand on issues the alienate people, blame the voters not the politicians

[@adriancarabajal7115]

Long story short. Do not trust anybody but the people who really love you and care about you. Always always listen to your father! Great video I will show it to my daughter.

[@Bill_Woo]

Those are great tips! The rip off of "claiming they didn't get your payment" story reminded me of what AXA Insurance Company did to me - but in the other direction. I requested a check in February, it arrived and I deposited it in May(as they were 100% aware), and so help me they charged 3 mos. interest and would not relent. I WORK in insurance! So any of you can be conned.

[@rods6741]

Your story makes no sense without further explanation. Requested a check from who? Why in the world would you hold a check for three months? If you owed them money, then of course they will charge you interest. Doesn't matter what kind of cockamamie story you told them. "Doctor, it hurts when I do this" "Stop doing that"

[@Bill_Woo]

@@rods6741 AXA Insurance Company is a thief. You're being obtuse but I will be charitable. I requested a policy distribution check in early February. I made frequent inquiries. It never arrived. They agreed to a check voiding and reissue in early May. It arrived in mid May. I deposited it the day it arrived. AXA Insurance knows that I had no funds until May. They charged 3 months interest, claiming that they sent a check in February. But their own bank statements prove that I did not receive and access any funds until May. Pure thievery. Of course they strung me along for weeks "reviewing" it before saying that I am liable for the check that I never received nor processed.

[@Bill_Woo]

@@rods6741 Now don't you feel like attending church Confession after that inept and condescending "cockamamie" allegation? Video author: make that *11 people to avoid in retirement.

[@moushunter]

I don't like being approached in a store that is selling special club memberships which is mostly a credit card scheme. Some offer continuing discounts or special access. One outdoor store makes every worker interject in every conversation asking if you are a member of their special club. I got to the point where I told them if they ask me again I'm leaving everything I have in my cart and walking out of the store. It got so bad I asked for the manager and told him that. Apparently the sales people have a quota and the each store has a quota. A big box lumber-hardware-homeware store has the same quota. They send you a bill so that it reaches you the day after it is due creating the late fee scam. I cancelled the card and haven't been in big orange since...12 years now I believe it is.

[@dc-wp8oc]

Same scam as some big box stores who offer a company card for purchases. People actually miss the fact, that the mythical "discount" price they receive, has already been factored into the price.

[@Barbara-te7xz]

Nice to see somebody has the guts to call out unscrupulous medical providers. They seem to have always been untouchable.

[@deborahcurtis1385]

I had a dentist who insisted I urgently needed some super expensive treatment. I got a second opinion. It turned out it would have been very unsuitable for me and caused a lot of issues. He had the gall to be annoyed when I backed away from his plan. Unbelievable really!

[@Barbara-te7xz]

@@deborahcurtis1385 yep, 24yrs ago my family's trusted dentist told me my crown needed to be replaced. 8yrs ago another dentist said the same thing. I still have it.

[@PCAGA2298]

And ubiquitous

[@deborahcurtis1385]

It's very difficult to stand up to the medical profession when you're sick. It's axiomatic...

[@TheBigdog868]

If you visit a surgeon, you'll be getting surgery whether you need it or not. They have car payments and mortgages just like everybody else who doesn't have MD behind their name.

[@terrirood8407]

I am so very glad I found you. This information is so useful and is explained in a very understandable fashion.

[@jps0117]

Great video. Many people have poor epistemology and are stuck in Stage One of the Dunning-Kruger effect.

[@JDJNJ21C]

Solid, common sense, practical advice - nicely done. Thanks Jeff!

[@alanjohnson2853]

I whole heartedly agree with you about contractors! In my career life, I had to deal with contractors a lot. I estimate that only about 10% are good, honest people. 90% are lousy or downright crooked. As a general rule, I try to avoid: Doctors/dentists 15:04 and hospitals Car repair/dealerships Home improvement contractors

[@JaNa-ge6rk]

I once had an eye doctor who obviously pushed for cataract surgery in my first visit to him without even making any tests on my eye. I passed all eye exams made in succesive visits then decided to opt for another provider when the push didn’t stop. It was a good decision.

[@cayankeelord3730]

You are so point on! I never forget the "Golden Rule". He who has the gold, makes the rules. I look at every request with skepticism. The old adage, "If it sounds to good to be true, it probably is" comes to mind. Terms Of Service contracts and contracts in general, are so verbose and filled with "legalese", that the average person just goes ahead and signs them without ever reading the fine print, a possible recipe for disaster. I try to adhere to what Benjamin Franklin advised, "Neither a borrower nor a lender be", unless it's absolutely necessary.

[@rogerhart1835]

There are also a lot of scammers on KZbin; but YOU are NOT. Thanks!

[@tammy9964]

Great video! These days you have to on alert at all times. Thank you.

[@DougWolfe]

I recognize myself as one of the group that can be overly negative. Didn’t realize it until I saw a friend cringe away when I said something critical of something. It’s terribly easy to fall into the pit of negativity.

[@IFSpecialist]

Dentists! Dentists frequently recommending unnecessary procedures and downright scams.

[@DavidSmith-ee2yf]

Some are, some aren’t

[@davidpowell3347]

I believe that dentistry is in a sort of crisis at this time -- the whole medical care system is kind of in limbo between socialized medicine and private provider medicine with the worst aspects of both -- and dentistry has always been artificially distanced from mainstream medical care -- remember it originated with barbers

[@Mexicobeanpole]

Yes. And it’s super expensive!

[@DavidSmith-ee2yf]

@@davidpowell3347 it began associated with barbers . Dentistry is very associated with medical care.

[@Jane5720]

Gossipers Pushy Salespeople Overly Negative People Manipulate Relatives Chronic Borrower Dishonest Contractors Aggressive Realtor Disingenuous Friends Untrustworthy Health Care Providers Predatory Lenders Get Rich Promoting

[@Riggsnic_co]

Retirees who struggle to meet their basic needs are the ones who could not accumulate enough money during their active years to meet their needs. Retirement choices determine a lot of things. My Husband and I both spent same number of years in the civil service, she invested through a wealth manager and myself through the 401k. We both still earning after our retirement.

[@kevinmarten]

This is true. I'm in my mid 50's now. My wife and I were following this same trajectory. Last two years, I pulled out my money and invested with her wealth manager. Not catching up with her profits over the years, but at least I earn more. I'm making money even before retiring, and my retirement fund has grown way more than it would have with just the 401(k). Haha...

[@Jamessmith-12]

Interesting . I think this is something I should do, but I've been stalling for a long time now. I don't really know which firm to work with; I feel they are all the same but it seems you’ve got it all worked out with the firm you work with so i surely wouldn’t mind a recommendation..

[@kevinmarten]

I definitely share your sentiment about these firms. When I was starting out, I checked out a couple of freelance investors online, so you could do the same. I personally work with Carol Vivian Constable “”, and she's is widely recognized for her proficiency and expertise in the financial market. With a comprehensive knowledge of portfolio diversification, she is acknowledged as an authority in this field...

[@JacquelinePerrira]

Insightful... I curiously looked up her name on the internet and I found her site and i must say she seems proficient, wrote her an email outlining my objectives. Thanks for sharing..

[@3namechangezalowdevry90day7]

"Can anyone help me with my relatable situation"? --🤖 " It just so happens I know somebody! "--🤖

[@valereehansen4378]

Before retirement when I was working, and when I wanted particular information under particular circumstances to spread throughout the workplace, I would say to a senior-worker with a big-mouth, "Listen Andrew, I'm going to tell you something but please don't tell anyone". It worked like a charn. Then when a general announcement was made, I already had my base support locked in by those who appreciated advance notification. Basically, the rule I follow in life is: ... If you don't want the world to know something, don't tell ANYONE, hold the info to yourself...

[@cluelessinky]

Three people can keep a secret if 2 of them are dead. Ben Franklin

[@valereehansen4378]

@cluelessinky 😃😃😃

[@byoung5520]

That leaves us with pretty much no one…….sounds about right to me

[@HolySchmidt]

The herd is thinning

[@mnalgal4412]

@@HolySchmidt 😆

[@allermenchenaufder]

Civility has taken a major nose dive.

[@elizabethdumas4147]

I find two year olds to be quite honest.👦🏼

[@georgewagner7787]

My college friends

[@Dit1160]

Grifters…I realized a year ago that a couple I am friendly with only picked up 1…right one, restaurant tab in the last 20 years…my answer to dinner/ drinks or what ever is now…” it’s not in my budget…weirdly I don’t hear from them so much these days

[@Dbb27]

We had a friend that always forgot his wallet.

[@StarsHollow214]

My former friend always wanted to split the bill. It was only me but she and her 3 kids were always together so my lunch of a nice Cobb salad was usually quite expensive. I stopped agreeing to lunch because I started feeling used when I said let’s just go Dutch and she was seemingly too busy. ( her kids were teenage boys and didn’t eat free)

[@Dbb27]

@@StarsHollow214 well, at least she paid something, lol. It's sad when you realize a relationship is transactional only. I have very few friends any more and all of them are out of State.

[@MasterMetaphysician]

Brilliant! in regard to healthcare, it is important for each of us to do our research, and the internet is invaluable to research symptoms and the very economical remedies to assist us with our health challenges. I learned to do research at age 18 through 20 when I experienced the dishonesty of my medical practitioner. Though there was no internet in the 60's there were many wonderful books about food supplements which addressed health issues. People are victims of there physicians who as you point out need to make a living. Saving one's own life through personal research is indispensable. Unfortunately we are victims of health insurance and medical deviance!!!

[@thl1]

Thanks!

[@robertryan3490]

Never ask a barber if you need a haircut.

[@Oilfieldscout]

Same with a bankruptcy attorney.

[@edennis8578]

Same with a surgeon.

[@WAL_DC-6B]

same with a mortician

[@skippylippy547]

@@WAL_DC-6B LOL!!!

[@jjrr2273]

@@WAL_DC-6B dead on my friend dead on ...

[@kevinquinn1993]

The same concept applies to workplace gossips, neighborhood gossips, Etc Anyone who will badmouth others to your face will badmouth you behind your back. Take it to the bank. Never trust a gossip...

[@tomdrewenskus8167]

Speaking of construction contractors in America, you need to get referrals from friends, neighbors, and relatives in order to find someone reliable. That’s because none of these contractors have been through an apprenticeship program, as most if not all have learned on the job. So it’s easy for anyone to buy a few tools and call themselves a contractor. When 9 out of 10 folks in the trades are inept, unethical, dishonest, unlicensed, not bonded, and/or lazy then you must work harder to find someone reliable.

[@enjoystraveling]

I never let people buy borrow my books anymore. My books means something to me and the last time I let someone borrow a book who I thought was trustworthy, she never returned it. She gave the excuse that she lost it, but if a person loses something usually they offer to replace it or give some money. I ended up having to buy the book again because I didn’t want to pester the person more than once.

[@wilfredvanvalkenburgh2874]

I worked in equipment rental for 3 decades. My suggestion is to get some meaningful collateral.

[@SicilyJo]

That happened to me years ago - and that person was someone I had reported to at the time. When I started to nicely ask for my book back, she claimed to not be able to find it - and, of course, she never found it. I was foolishly optimistic that she eventually would. Anyway, time went by, and the book was never returned. What is sad is that the book was later out of print. Now, I can’t even recall the title just to see if I could find it on eBay or something. Yeah, after that episode, and because of other times I never got books back, I just don’t lend out books anymore.

[@1rocknroy]

@@wilfredvanvalkenburgh2874 SLR Investment Corp gets meaningful collateral. :)

[@1rocknroy]

@@SicilyJo Everyone who borrows a book should be required to read your post here. My suggestion is to ask an AI about the book you lost. Mention the subject, a phrase or two or as many as you recall or even paraphrased phrases, etc and by continually working in this way you may find the title or some help in retrieving another copy. Also by concentrating like this you may unexpectedly recall the title while doing something unrelated. And lastly, I may be shy but if you borrow my book and don't return it I will come and get it. I will persist and the thief will be very uncomfortable. I love my books.

[@stephenzies8867]

The World Is An Evil Place. Stay Safe Stay Prepared Watch Your Six

[@lcee6592]

Good stuff!! Too many leaches out there!

[@prschuster]

Untrustworthy healthcare provider... like United Healthcare.

[@adrianjanssens7116]

Learning to say no becomes easier as you get older especially to those who try to take advantage of you. Even though I read books like "Learn to say no without feeling guilty" in my thirties, it took many years for this to sink in. My people pleasing behaviours were well ingrained. Now I say NO quite assertively when necessary and feel much more in charge of my own life.

[@Phaedrus-th7bi]

When you said "to watch out for a manipulative relative", my heart missed a beat because my wife's side of the family is all about manipulating her to "help" them all the time.

[@Rose_J]

Overly positive people too.

[@garryclark1085]

I would NEVER have paid that late fee. I'd call that company and give them a piece of my mind and get it removed. (I have done this before.)

[@edennis8578]

I had the same problem when I had a regular credit card with HSBC many years ago. Every payment was "late" even if I mailed it two weeks before the due date. That was before the internet, so there was no online payment option. Sending a check was all there was.

[@LoriClaire-yp9mt]

One company told me they received my payment, but not my husband's. When I told them the two payments were mailed in the same envelope, suddenly they 'found' the other payment.

[@n3bruce]

I used to work on the incoming mail room for a large credit card processor and before the Federal Funds interest rate tanked, the pressure was on to process payments as quickly as possible.. After the rates tanked after 9/11, the urgency went away, while they hiked their late fees and shortened the payment windows, among other nasty tricks they pulled.

[@1rocknroy]

@@LoriClaire-yp9mt 🤣🤣🤣

[@georgewagner7787]

I had HSBC on the corner. Could have walked in.

[@bohemian6103]

Good video! Also cell phone companies focused on seniors!

[@rdbwdc774]

Thank you, once again, for great information! This advice should not be limited to retirees, however. This is sound advice for people of all ages.

[@NSPresbyterian]

You forgot buying any property with an HOA, paying someone to do your lawn work is cheaper than HOA dues, and you don't have to follow someone else's rules as to how you live your life...

[@HolySchmidt]

Good point

[@penelope5500]

I prefer an HOA neighborhood where some standards are kept in place. No one is telling anyone else how to live their life.

[@Mexicobeanpole]

@@penelope5500. Of course they are. I’ve lived in HOA and non HOA. “HOA commandos”are a real thing.

[@penelope5500]

@@Mexicobeanpole I have lived in HOA & non HOA too. I prefer HOA. People are free to choose.

[@amyyates8273]

@@penelope5500I do as well. Our HOA isn’t bad and it keeps property values in my neighborhood high. If you don’t like one, don’t move to a neighborhood with one.

[@20thcenturyrelic]

Good advice! Thanks for the video. I tend not to react well to pushy salespeople; if they annoy me enough, I'll decide not to buy from them.

[@RRob-pf4hp]

I agree and I'm in sales. I care more about my customers than trying to sell you something I know is junk. Maybe that's why I have never made salesmen of the year but at least i can sleep at night.

[@20thcenturyrelic]

@@RRob-pf4hp You're perceptive enough to understand when you're selling too hard.

[@mikepaulus4766]

When I was in the Navy I met a guy who had figured out that he had been making terrible decisions. He started taking good advice to just not keep digging. So his life wasn't getting worse, but he would have one of his old chickens come home to roost every 7-10 days. So we watched him, guided him to stay on a good path, and observe the problem from the past popping up. We didn't want to enable him, but he did need a lot of help.

[@upperechelon3456]

Good content. I retired at 47 and I’m 66 now. Been the best 19 years of my life hands down. Many working people just can’t wrap their heads around the concept of retiring before 50. 😊

[@missshroom5512]

America is such a scary place to be with a …for profit…healthcare system.

[@christinao8877]

Watch out for surgeons. Healthcare industry does not publish their complication rates. Get your surgery quotes from separate hospitals because all doctors and surgeons support the lead surgeon in your case in the same healthcare company. Another surgeon from a different hospital may have a different approach to your case.

[@dc-wp8oc]

Dentists and the dental industry, are some of the worse offenders for scamming their patients.

[@marshacooper9088]

Agree because I am a doctor, and know this is true. Sad.

[@jpHarkins-kb2vv]

Sadly health care became healthscam nowadays.

[@pegprather84]

Love your office! Oh, and great advice. As a senior I’ve encountered some of these issues. This information should be taught in high school.

[@ontheroadwithRalph]

WOW! I wish everyone would listen to this. Not just retirees, but everyone. These things are true and always have been! It's hard to say which ones hit home the most, but possibly manipulative relatives made it to the top of my list. Thanks. Great video, as always.

[@marylhere]

My son nearly died from a drug interaction. It was relatively unknown side effect until it was exposed as being pretty common. The doctor’s office who prescribed it was totally decorated in pharma merch…including a very expensive watch. Scale, notepads, clocks, pencils,etc. all with that drugs logo. He wanted to put my son back on the medication after a week long hospital stay. We found a new doctor…

[@georgewagner7787]

My onco put me in the ER and 2 days in hospital from side effects

[@WmTyndale]

your Witch doctor and Sorcerer. that is what they are.

[@tomcavanaugh5237]

For those of us with short attention spans, a list with times would be greatly appreciated. Some go the extra length of chapters, but that's probably too much to ask for.

[@spicycopper2436]

This may help. In the upper right corner, tap on it and a gear icon should show. I change the "playback speed" from normal to 1.5 or 1.75 .

[@tomcavanaugh5237]

@@spicycopper2436 Thanks, but that would address relatively slow presentation speed, which I find to be a bit less of an issue. I was hoping that after I've heard enough about one topic, or realized I'm not interested in that one topic, I could easily skip to the next topic, without hoping random jumps ahead would take me to the right place in the video.

[@fromthepeanutgallery1084]

Another one is "Toxic Positivity" took me a while to figure this one, but the person who is always sooooooooo positive. (also known as Charm Alarm) Eventually they will ask/convince/persuade/try force you to go in on some investment. The moment you refuse, the Toxic 'Positivity' stops, the real person surfaces, and only the Toxicity remains.

[@NWAWskeptic]

NEVER get involved with an MLM! Ever. Their products are insanely overpriced and their business model is extremely predatory and over 95% of the members LOSE money.

[@oldrrocr]

or franchises - from the French for "FRAUD"

[@Bubbaathome]

Definitely watch out for relatives that have a financial opportunity for you - for an "investment" up front.

[@joel6427]

I have had moments of being untrustworthy and moments of being trustworthy and a few where I let my guard down answering a question from a gossip that may have led others to think I was the instigator. The best answer in that case is to say you don't want to be a part of it and suggest they go to the source. That is hard to do if you are talking to a person you want to have a continued relationship with. One time, a fellow said he wanted to tell me something but then reflected, saying maybe he shouldn't. I interrupted, saying you shouldn't, and besides, I don't need to know. That was a rare moment. Usually, I get sucked into their quagmire, and I have been lucky to come out unscathed. I think I am growing and getting better at these things.

[@janetkenny4861]

Most of the homes in my neighborhood are about 25 years old and there have been many homes re roofed this season. Chatting with neighbors quotes have been very different from different roofers, 13k to 30k for essentially the same size roof. I need to have mine done next year and will be getting references and quotes!

[@jimmyamico4713]

Outstanding video GEOFF❤

[@HolySchmidt]

Thanks Jimmy

[@suemilkbone4868]

Hired help, especially contractors, has got to be the worst. If you are older (and particularly a single senior woman), you might just as well have "PREY" tatooed on your forehead. In fact, there was an honest roofing company employee who told me recently that when he used to work at a competing roofing company and he was sent out to bid a job on a house owned by a single senior, to bid higher than usual.

[@HolySchmidt]

Interesting…

[@suemilkbone4868]

@@HolySchmidt Not just that, but he also told me that competing roofing companies will call each other after they give a bid on a lucrative contract (knowing people usually get multiple bids) and ask how much they bidded in order to keep their bids around the same ballpark, kind of like collusion.

[@sandyelliott3350]

Older, disabled, female and alone is the worst. I never realized how bad people are till I got old.

[@suemilkbone4868]

@@sandyelliott3350 I didn't either! I never felt more targeted as when I got older.

[@33Jenesis]

Seniors pay way more to hired hands; maids, gardeners, handymen, plumbers, roofers, car repair/maintenance…….

[@michaelcollins8316]

I enjoyed your story about the suit, I would think that you didn’t watch the British comedy “Are you being served?”. They use to play that trick in the men’s wares department all the time.

[@skippylippy547]

I loved watching that show.

[@commenter...3344]

Great show. So funny!

[@MichelleJones-p4e]

Great video! If you forgive me for saying so, this is like your Dad giving you real-life ‘adulting’ advice, that all of us (regardless of age) can really use and learn from. 👍🏻

[@barneyrubble5801]

My grandad used to say: "Some things are made to use, and some things are just made to sell."

[@SpyderRTL]

Please put chapter markers in your videos. Makes it easier to watch.

[@denisplouffe514]

Great advice for all to apply in their life.

[@rosammitchell6313]

Thank you for this spot on video!!!!

[@veltonmeade1057]

I bought my 1,330 sq ft house in 2004. I kept the contractor that installed the furnace / AC in 2003 and after 20 years, they have been great. The only times that I hired anyone outside of this company was for an installation of my water heater in 2015 by an certified Albanian contractor and his Ukrainian buddy remodeled my hallway and master bath in 2020. Both had amazing work ethics, they were on time to my house every day, and worked all day without smoking or looking at their phones. I tried to give both of them additional money for their time and efforts, but both said no thank you. Now after new installation, new windows, new entry doors, new pex piping, new electrical, my natural gas bill last month was $21.11, my electric bill was $110.00. I am years away from retirement, but my house will be my retirement home.

[@sweetesthawaiianprincess8086]

In Hawaii homeless pose as contractors, carpenters, handymen etc and quote a price which changes before half ass project is complete. But shame on me for looking for the lowest price because I paid more than I would have with truly skilled licensed professionals. And many homeless here pose as house cleaners but end up cleaning you out of valuables and disappearing to pay for their drug addiction! 😮

[@veltonmeade1057]

@@sweetesthawaiianprincess8086 Wow, I did not know of any of this. I've learned a lesson in only having a few trusted contractors, regardless of their pricing because it is not worth taking the risk for someone unknown.

[@kevinmoore8780]

I got to the 6 minute mark and had to leave the video. Not only was the concept so simple, and something a parent might tell a child, but the examples given are examples that everyone has lived through. The gossip example actually wasn't gossip. The pushy salesperson wasn't actually a pushy salesperson. Basically don't be naïve or interact with anyone who you don't trust.

[@flyingjeff1984]

Jeff, how do you suggest we deal with the DOZENS of medicare spam calls we retirees receive EVERY WEEK from the day medicare sells our personal info (age 65 obviously.)

[@greggutierrez6997]

Great advice! The older I get the more I walk away from negative people. Also if you’re looking to make some side money find something to flip. Big or small, you’ll learn as you go and you make extra cash. Blessings

[@szawica49]

Well done Jeff !

[@SteveLee-zw8fm]

My mentor, a very successful man and a person loved by many, told me once: “I would rather trust people and get burned once in a while, than go through life not trusting anybody.” To this day some of the best advice I have been given.

[@Ace-ls6yl]

This is great info for all people. Thanks a lot!

[@joeschmoe1574]

I think you mean _gamut - A complete range or extent_ not _gambit - A maneuver, stratagem, or opening remark, especially one intended to bring about a desired result._

[@geograph-ology4343]

If a person says, "this product is not an annuity," then it is an annuity. Another word for financial planner is "Insurance salesman." Don't put all your eggs in one basket, they are then easier to steal or get broken in an accident. Remember you saved your money for your life, not for others-whatever is left at the end of life can go to your family or you can leave them just memories.

[@chiaraperry472]

I am so glad I found your channel! Great content! Thank you

[@GucciandMia]

I have always called the credit card and got them to waive the late fee if it has only happened once they normally will do so.

[@1rocknroy]

I agree. Also speeding ticket fine can be avoided ONCE if you take their boring several hour safe driving course, in Texas at least.

[@unclegeorge7845]

Neat video. I'll rewind this one a few more times. Thanks

[@ellenfoster9764]

I think I’m not a good judge of character. I keep finding contractors that do not stick to their schedule or budget and do crappy work. I think when someone says they will do something, they will. I’ve been repeatedly disappointed. Thank god the last time I had someone work on my house, I got someone good. Honest and prompt. But my record of hiring inadequate workers makes it incredibly anxiety producing to hire anyone.

[@bobadams7654]

DO NOT trust the scammers that are posting in these comments. Give them a thumbs down and REPORT THEM. Click the 3 dots next to their comment.

[@Chucky_knows]

You are 100% right. And youtube let's it continue. It is always the same format. So easy to remove with programming.

[@cynthiaborden4209]

It drives me crazy. I'm making 20k per week. Whose your advisor? I just looked her up. Thank you😊 so annoying.

[@bobadams7654]

@cynthiaborden4209 Sadly, some people will be scammed.

[@MB-uy5kh]

I am going to start posting negative comments for the “recommended advisor” instead of just “reporting them.

[@1rocknroy]

@@MB-uy5kh This is a great idea. YES!

[@clbcl5]

Any one who says they are a protector of another.

[@FDR_progressive_liberal]

Don't make friends with people who can't pay their own way. If you are a soft touch like me, they will bleed you dry. Don't put up with a hard sell. I warn them right off the bat to stop. If they continue I just turn and walk away. I was bullied by a car salesman and ended up with a vehicle I didn't want. Don't go to a dealership alone. Bring one or two tough friends/family with you. I called a contractor to give me estimates on my house improvements. I had a slit window in the bath and wanted a standard double hung. He tried to sell me on a wall sized window and wouldn't let it go. I did it myself at a tenth of the cost.

[@georgewagner7787]

I went to dinner with 2 acquaintences from church. The one who doesn't attend but comes to socialize told the other she couldn't pay and got her to. And she knew that gal was living in a shelter. Awful