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"The Surprising Power of Scarcity: How It Affects Your Decisions
Dr. Robert included a section under "defense" in each chapter, answering questions like how to defend oneself from this. When something is scarce, what occurs is that we get anxious about the risk of losing it. It's time to consider if you actually desire something or are just being led to it. It's best to do a careful analysis.
Watch more of this clip from The Many Ways We're Being Manipulated Out Of Our Money | Dr. Robert Cialdini
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There’s no doubt that it's a very challenging time right now for the average investor. Above and beyond the recent economic impacts of COVID, the new era of record low interest rates, runaway US debt and US deficits, and trillions of dollars in monetary and fiscal stimulus stimulus has changed the rules of investing by dangerously distorting the Dow index, the S&P 500, and nearly all other asset prices. Can prices keep rising, or is there a painful reckoning ahead?
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IMPORTANT NOTE: The information and opinions offered in this video by Wealthion or its interview guests are for educational purposes ONLY and should NOT be construed as personal financial advice. We strongly recommend that any potential decisions and actions you may take in your investment portfolio be conducted under the guidance and supervision of a quality professional financial advisor in good standing with the securities industry. When it comes to investing, past performance is no guarantee of future results. Any historical returns, expected returns, or probability projections may not reflect actual future performance. All investments involve risk and may result in partial or total loss.
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