About this episode
April 16 Victimless Crimes and Victims
For the last 52 years, I've been a financial planner and a wealth manager. I think I've seen just about every scenario anyone in my profession could see. But I'm seeing something new, connecting, and destructive over the last few years. Internet stock trading and pornography. They often run hand in hand, and I wondered why.
A psychologist explained it to me today. "Both produce endorphins, a natural opiate to which men especially can become addicted. The online stock trader gets his endorphins, whether he's losing or winning. And many have lost their homes, their businesses, their retirement. The pornography guys - they've often lost their marriages and their natural sex drive."
Of course, there's no laws against gambling, online trading, or pornography. And they're called "victimless" crimes. But there are real victims. Sponsored by the Caylor Group Wealth Management in Lynchburg, Virginia. Call 434-455-7197.
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