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Pay Attention to Life’s Disclaimers
They don’t always tell the whole story.
We hear disclaimers all the time. Basically, if you ask the question, “What could go wrong?’ the disclaimer will answer that. Take for example, when an investment firm says, “Your investments may vary,” it’s their way of covering their butts. Back when I actually had money in a 401K, which was around circa 2008, I lost some money. I don’t believe my investment counselor did, just me.
My investment experience varied. From that of my investment counselor, who made money.
Sometimes disclaimers can be used to cover up a bigger problem
For example, movies often hide a bigger production issues. Movies will sometimes state, “No animals were harmed in the making of this movie.” That’s great and the folks at PETA will also be happy. Left unsaid, was the fact that five stuntmen were killed. Ok, that’s an exaggeration, but you get the point.
The auto industry is a big user of disclaimers
The first one that comes to mind is, “Your mileage may vary.” I have a question, in the history of auto buying, as anyone gotten more mileage that what was advertised? I doubt it. My mileage has ALWAYS been lower than what was advertised.
