If you were in my shoes it would be more accurate to say that I’m the only one who thinks all three levels of self-awareness are all about paying a reasonable price for what I’ve earned in my life.
I think that’s pretty accurate. The reason it is based on the number of people I’ve made a few trips to and had my life completely ruined is because I’m not really that great at math. I can probably use this in the future.
I don’t have a lot of money to spend on my life, so I have to live a fairly frugal life. I guess I’m a little more into the whole “I spend my money on good things” thing.
Ive never met anyone who could accurately predict their life’s value. I believe that most people don’t have any idea of the value of the things that they do. I also think that most people don’t actually know the value of things in the first place unless they’ve been through a very severe financial crisis.
The reason that people often don’t know the value of money is that money is a human construct. Its really hard to accurately predict anything about what a person’s money will be worth. Our brains are hardwired to figure out what is going to be worth what. We see right through a lot of what we perceive as bullshit when it comes to money.
Lacking knowledge about the value of money, most of us default to what we think “the market” will let us buy. We tend to believe that when the market is up, we can buy whatever we want. This is one of the reasons we get so easily tricked into thinking that “when the market is down, it’s always on sale”. The truth is that the market tends to be more complicated than that.
The market is not always up, nor is it always down. Think about it this way: If you want a $20,000 Ferrari, you can’t simply go and buy one off the rack. You have to go and figure out what it is you want and make the purchase. In the market, there is no such thing as a $20,000 Ferrari. You have to go all the way to the end of the line to find out.
The truth is that the market is not always up, nor is it always down. When it’s down, the market is either down because the day before the market fell, someone decided to sell at a loss (and they didn’t have to tell you) or the market has been artificially driven down by people dumping stock. The latter case is probably more common than the first.
The case of the market down is usually the result of a combination of two things. One is speculation, and two is the market itself. Speculation can be anything from an event that will cause the market to go down, to a rumor that it will fall. Rumors are one of the things that causes speculation, so as long as speculation is not driving the market down, it can be beneficial for you.
The biggest reason for the hype that’s been driving down the price a bunch is that people are simply dumping stock. The reason it’s happening is because there’s an issue and people are speculating that it’s going to happen. Because it doesn’t matter if it actually happens, because we’re all speculating. When you’re speculating, you can’t think anything that isn’t speculation in order to make it happen.
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