This Has Happened Before Every Market Correction…Seriously.

The Definition of Greed

The definition of greed is an intense and selfish desire for power. We’ve been taught that people are either greedy or fearful in the world of investing. Heck even Warren Buffett, the grandad of every investment quote has said, “Be fearful when others are greedy and greedy when others fearful.”

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Okay. So what does “intense” “selfish” and “power” mean when defining “greed?” The definition of intense is an extreme or utmost feeling. The definition of selfish is to have no care or consideration of others. The definition of power is the ability to direct ones will in their specific way. So that means “greed” equals an extreme focus without care for others all to direct ones will in their own unstoppable way.

The  Earnings World vs. the Investment World

I’ve gotta say, I’ve never seen this in the world of “keeping and growing” your money in the stock market. In other words I’ve never seen anyone grow their money without an extreme focus without care for others all to direct ones will in their own unstoppable way. I do however see this “greedy” mentality all the time in the ‘earnings’ world. People put extreme focus on their career in order to succeed in their own way. But in almost 46 years on this planet it’s been rare to see this mindset in the “growth” world.

So, why does this matter and why am I NOT telling you a great story about how the world is about to end under the TRUMP Administration. But that in reality you’ll be okay if you just buy this powerful, yet little known, startup company? This is in fact what the “pick-of-the-month” newsletter industry wants you to believe and has millions believing. But don’t buy into it.

The Fear-Fear Cycle

Just like Warren Buffet’s quote states so clearly, we’ve been taught that there’s a cycle between greed and fear.  BUT the truth is is that the cycle is between fear and fear. And it’s THIS cycle that’s hurting your money right now. It’s this cycle that is causing your future to be hurt. By not recognizing the fear-fear cycle you are walking right into the crocodile’s mouth.

fear-fear cycle

So, with that I want to jump to an important question. Is there an image or picture that could stop this entire “fear-fear” cycle? Something that could get us out of such a damaging mentality? The answer is yes and I want to show it to you. And it has to do with two very simple questions. With these questions your financial future becomes stable. Safe. Secure.

This Has Happened Before Every Correction… Seriously.

In Your Corner,

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RC Peck, CFP  

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