Adults Make Riskier, More Inconsistent Decisions As They Get Older, Study Finds 225
schliz writes "People aged over 65 make poorer financial decisions and more inconsistent choices than younger individuals with the same IQ, an international research group has found. The study (abstract) had 135 healthy participants aged 12-90 make a series of decisions: for example, choosing between gaining $5 and the chance to win $20 in a lottery. On average, over-65s earned 26-39% less than all other age groups, including adolescents — a finding that could partially explain their susceptibility to problem gambling and scams."
Re:You reach a certain age and... (Score:4, Funny)
I am pretty sure you can buy a bowel movement. Heck, I can sell you one right now. Would you like it shipped UPS or Fedex?
Corn or no Corn?
Re:They've got money to burn (Score:0, Funny)
Because of gambling problems and scams.
Well, thanks. (Score:5, Funny)
I was reading this in my car on the way to the payday loans place and I got so outraged that I drifted out of my lane and hit a parked gasoline tanker. So I figure I might as well park here and finish reading the thread. There's a lot of smoke but with the windows rolled up it isn't too bad.