Neurologist Reacts to The Psychology of Money

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Want to find out the optimal order to invest your paycheck: https://youtu.be/OuV5T0n_uKA

Did you know that our ability to become free of the cycle of living paycheck to paycheck lies as much in the narratives that we have internalized, as our actual earning ability. In this episode, let's explore the Psychology of Money by Morgan Housel, and see how together, we can develop a strategy that complements our own internal stories, so that we can start effectively optimizing our path to financial independence.

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01. Overcoming Behavioral Biases (00:30)

02. Overcoming Action Paralysis (01:43)

03. Avoiding Herd Mentality and Emotional Investing (05:51)

04. Avoiding External Validation (08:04)

05. Overcoming Short-Term Desires and Setting Long-Term Goals (10:45)

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DISCLAIMER: I am not a financial adviser. The content on this YouTube video is for educational purposes only and merely cite my own personal opinions. In order to make the best financial decision that suits your own needs, you must conduct your own research and seek the advice of a licensed financial advisor if necessary. Know that all investments involve some form of risk and there is no guarantee that you will be successful in making, saving, or investing money; nor is there any guarantee that you won't experience any loss when investing. Always remember to make smart decisions and do your own research!
Category
Psychology
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