Be on your guard. Swift talkers, seminar spruikers, Bitcoin clones, and work-at-home ‘opportunities’ want to rob you of your potential to create wealth.
Read Creative Ways with Money if you’re tired of the hype and promises, and instead want to learn ways to:
• spot a fake and invest elsewhere
• invest in shares with just $5 to spare
• start a side business
• start to think creatively about your money zone
So come along, bring your fears and anxieties out of the dark cupboard. Find out why you should make your own financial choices, confidently, to design your life the way you want it to be.
Labouring on her second book in 2008, Jennifer knew there must be a better way to write books! Refining her editing skills since 2013, Jennifer has supported other authors’ publishing goals for six years. She continues to edit many books across the health and body, personal development and wealth genres.
Jennifer has put all her publishing knowhow into Business Author Academy club resources, so others can inform themselves and become an independent author-publisher.
Power of Words publishes books to help people make more from their income, simply market their business, and grow. Empowering growth is the imprint’s focus.
Because of a passion for marketing with zing, Jennifer also writes refreshing copy, blog content, case studies, eBooks, and LinkedIn pages for business owners.
This is from Chapter 3: Mastering your Negative Emotions When Investing.
We look in to the Fear of Missing Out (FOMO); fear of making a loss; fear of making a mistake in investment.
With this information, you will be on the lookout and try to "break the spell of social influence".
Creative Ways with Money (Know your Finances, #3)
While going against the tide of opinion is a fine idea to make more wealth in a downturn, there is a reason that most of us can’t easily practise contrarian investing. Contrarians invest when others are running scared and hold back when a market is bubbling with hot activity. The reason that it’s hard to do this is because we learn about the world from others and generally accept what others are doing or saying as correct... and because we want to be accepted and liked ourselves, called normative social influence. The psychological aspects of informational and normative social influence means that we find it hard to go against the majority when investing.