*|MC_PREVIEW_TEXT|* https://preservewm.com We've been keeping up with the latest headlines... here are two of our favorites worth sharing. ** Your Money ------------------------------------------------------------ On the heels of the Schwab fraud alert last week and in preparation for the Social Security Administration's "Slam the Scam" campaign this week, I want to continue the theme and share this shocking story of sophistication in the business of fraud and deception. The more you hear about these tricks, the better you can defend yourself against them. The Federal Trade Commission reported that adults over 60 are significantly less likely to report losing money to fraud than younger Americans. Another study found that well-educated people or those with good jobs are just as vulnerable to scams as everyone else. This story reads like a crime novel, which would make it entertaining if it wasn't so scary. The Day I Put $50,000 in a Shoe Box and Handed It to a Stranger (https://www.thecut.com/article/amazon-scam-call-ftc-arrest-warrants.html) by Charlotte Cowels ** Your Life ------------------------------------------------------------ In the age of wireless communication, 73% live in households where there are only wireless phones and no landlines. 25% were in households with both, and 2% used only landlines. Another 3% mostly rely on landlines, and 1% don’t have phones at all. The largest group of holdouts, of course, are folks 65 and older. That’s the only demographic for which households with landlines still outnumber wireless-only households. The shift likely started with the first Apple iPhone in 2007. But landlines aren’t what they used to be. As of 2021, fewer than a third of landline households still had what’s technically known as plain old telephone service, the copper wires that carry their own power and work during blackouts. Most landline homes now have VoIP (Voice over Internet Protocol), which usually sends calls through your internet connection. The Northeast is the last place to give up its landlines, with Verizon holding most of those customers and continuing to offer financial incentives to keep them. While mobile phone outages do occur regionally, albeit rarely, those with landlines will still be connected. So, is a landline worth having? It all depends on your level of peace of mind over costs and convenience. After all, no one seems to be keeping their horse in case their car breaks down. Remembering landlines in the aftermath of this week’s cellphone outage (https://www.fastcompany.com/91036288/cellphone-outage-landline-use) by Associated Press https://www.linkedin.com/in/danheth/ https://www.linkedin.com/in/rosalynn-harvey-heth-mpa-ceps-3a3aa3191/ ** Complexity Simplified ------------------------------------------------------------ In houses built before the age of streaming, it’s common to find multiple rooms set up for cable TV and ethernet, with all their cables and wires stripped across unfinished basement ceilings. But with streaming on the rise and wireless internet access increasing, cable TV cord-cutting is on the rise, and our home’s wiring needs are changing. If you’ve never touched the junction box, don’t use cable TV, and have strong enough WiFi to skip the ethernet hookup, ditching all those unsightly cords might be tempting. Yes, you can remove all that coaxial cable and those ethernet wires in your walls and basement. Those wires don’t carry electricity and are generally safe to remove. But wait. Before you begin pulling wires, think about a couple of things: First, old ethernet cables could massively increase the speed of any devices you own with an ethernet port. Second, there’s a thing called “power over ethernet” (PoE), which may apply to your home. Through PoE, power and data communication are delivered through one cable. It’s not new technology, but it hasn’t reached mainstream homeowner status yet. And that coax cable? It could have value in the future if you decide to sell your home. You can also run “ethernet over coax” with an adapter. Coax wiring can handle high-bandwidth video signals, and that’s useful for online gaming, video conference calls, and more. So, you may not be using these cables now, but you, or the person after you, can find these cables very useful as technology continues to change. Why You Shouldn’t Get Rid of Your Old TV Cables (https://www.familyhandyman.com/article/why-to-keep-old-tv-cables/) by Glenn Hansen ** Trivia ------------------------------------------------------------ A: Allies and Axis Q: What number did Derek Jeter wear on his New York Yankees jersey? https://youtu.be/3eOuK-pYhy4?si=xH9esYKxqtshspU5 ** Back in 1999, this song reached #1 ------------------------------------------------------------ ============================================================ ** Facebook (https://www.facebook.com/preservewm) ** Twitter (https://twitter.com/preservewm) ** LinkedIn (https://www.linkedin.com/company/preservewm/about/) Copyright © *|CURRENT_YEAR|* *|LIST:COMPANY|*, All rights reserved. This email was sent to *|EMAIL|* (mailto:*|EMAIL|*) why did I get this? (*|ABOUT_LIST|*) unsubscribe from this list (*|UNSUB|*) update subscription preferences (*|UPDATE_PROFILE|*) *|LIST_ADDRESSLINE_TEXT|* *|REWARDS_TEXT|*

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