Financial Dysmorphia

As the mother of two teenagers, I’ve become keenly aware of how much emphasis society places on appearance.  It’s natural to critique ourselves and even compare ourselves to others we think are more handsome/prettier, thinner or more fit.  An over scrutiny of appearance, though, can lead to something called body dysmorphic disorder in which a person comes to believe that his or her appearance is unusually defective and must be hidden or fixed. After a recent meeting with a client, I found myself thinking about this disorder in relation to finances.  People can sometimes get so wound up in either over or under scrutinizing their financial situations and investments that they lose sight of what is real and what isn’t.  Take for example the person who grew up in the Depression era and despite having millions of dollars conservatively invested and efficiently managed for his benefit, can’t accept that he …
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