I was on a book tour, giving a yet another speech. But this one I’ll never forget because of what happened afterwards.
An older woman, leaning on a cane, waited patiently to purchase a signed book. She was 84 years old, she told me when it was finally her turn, and had been married to a very wealthy physician. He was always on the phone, yelling at his broker, which made her very uncomfortable. So she let him handle all the finances.
Ten years ago, he died. He not only left her no money, but all his investments were on margin (he used borrowed money), so he left her saddled with debt.
Before the shock even wore off, she said, she found a financial advisor, started taking classes, learned about investing.
“I’m a very wealthy woman today,” she told me proudly, announcing she’d just returned from a round-the-world cruise.
In one of those crazy coincidences, I bumped into her 7 years later. She had just turned 91. When I asked how she was doing, she responded with what I could only describe as a devilish grin: “I’ve done better in the market than any man would’ve done for me.”
It’s never, ever, ever too late to start!