Showing posts with label Clueless. Show all posts
Showing posts with label Clueless. Show all posts

Sunday, March 30, 2008

BYBS: The Raw Power of Ignorance

Last week, in addition to making a cryptic statement about what "living in the now" means, I made an uncharacteristically sound decision: I waited, I contemplated and I researched instead of taking action immediately. As it turned out, this was a good move.

I won't bore you with the details but, assuming the USA does not completely dissolve in this latest "financial crisis," it involves the world of low finance. Basically I'm trying to ensure that, when it comes time to retire, I have a nice cardboard box to call my own and some reasonable tasting cat food to eat.

So this guy was trying to get me to buy into some whack-a-doodle mutual fund and left a few key details like "yeah there's this little fee you pay when you get into it that (gosh) you don't have to pay if you invest with anyone else." And "sure this compares well to some index, but for some strange reason the usual standard for comparison is left out of the analysis."

Being the highly informed, well-education person that I am, I had no clue. At all.

But with the power of the phrase "I am clueless!" comes the freedom to learn something. So off to the internet I went and researched the stuff. For several tedious hours. I asked around and proclaimed my ill-informed state to anyone that would listen. And then I listened. And I learned.

I wont claim that I have turned over a new leaf, or that this is the opening of a new chapter in my life…mostly because I doubt I would get away with it. But I did learn something this week. Thanks to being clueless.