Maybe not directly, but there is some evidence that keeping your brain healthy and active can help you retain cognitive ability longer—which, of course, helps you to better spot scams.
Here a few steps researchers seem to agree we can take to keep our brains healthy:
- Eat healthier and limit your “splurge” days.
- Incorporate regular exercise into the activities you enjoy, like gardening or golf.
- Keep chronic conditions such as diabetes and heart disease under control.
- Stay engaged in regular intellectual and social activities.
Of course, if you have any concern about your cognitive ability, or if your family seems to be worried about your memory loss or ability to make financial decisions, it is very important that you speak openly with your family and with a doctor who can answer your questions and provide an evaluation. If you already fear that you’ve become a victim of fraud, don’t hesitate to speak with an attorney who can help. And, even if you are not currently having problems, it is wise to talk with your family and start making plans now for how your finances will be handled.
Read more in a recent study focusing on aging brains and susceptibility to deception here.
If you or a loved one has already become the victim of investment fraud, please reach out to an experienced and professional financial fraud attorney today. The investment fraud attorneys with Meyer Wilson have represented more than 800 clients nationwide in stockbroker mediation, arbitration, and litigation, and we look forward to working with you and your family. Don’t wait until it’s too late to recover your investment losses—reach out to us today.