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How Financial Advisors Prey on Human Psychology
Manage episode 435326453 series 2421926
Are your financial decisions truly your own, or are you being puppeteered by hidden psychological forces?
What if we told you that your brain might be your biggest obstacle to financial success? (Spoiler alert: It probably is.)
Watch as Amanda pulls back the curtain on behavioral economics. Have you ever wondered why you impulse-buy things you don't need? Or why you might feel tempted to sell all your stocks when the market takes a downturn? These aren't just random choices - they're driven by specific quirks in how our brains process financial information and risk.
Are you ready for this quick, but crucial, history lesson on behavioral economics? It's time to learn how these discoveries revolutionized our understanding of financial decision-making.
Others use these discoveries to get you to do what they want. By learning them, you can take more control of your financial destiny!
Tune in and take charge of your financial future!
00:00 Introduction: The Allure of Investment Opportunities
01:19 Welcome to Wealth Wisdom Financial Podcast
02:19 Meet Amanda Neely: Your Financial Psychology Guide
04:33 The Birth of Behavioral Economics
11:42 Cognitive Biases: The Hidden Forces in Financial Decisions
16:49 How Financial Advisors Exploit Biases
24:00 Join the Wealth Wisdom Financial Community
25:43 Conclusion: Outsmarting Financial Biases
Links mentioned in the show:
- Schedule a Discovery Call here: https://www.wealthwisdomfp.com/call
- Join the Wealth Wisdom Financial Community for more practical tips and a group of people to grow your wealth alongside: https://www.wealthwisdomfp.com/community
100 episoder
Manage episode 435326453 series 2421926
Are your financial decisions truly your own, or are you being puppeteered by hidden psychological forces?
What if we told you that your brain might be your biggest obstacle to financial success? (Spoiler alert: It probably is.)
Watch as Amanda pulls back the curtain on behavioral economics. Have you ever wondered why you impulse-buy things you don't need? Or why you might feel tempted to sell all your stocks when the market takes a downturn? These aren't just random choices - they're driven by specific quirks in how our brains process financial information and risk.
Are you ready for this quick, but crucial, history lesson on behavioral economics? It's time to learn how these discoveries revolutionized our understanding of financial decision-making.
Others use these discoveries to get you to do what they want. By learning them, you can take more control of your financial destiny!
Tune in and take charge of your financial future!
00:00 Introduction: The Allure of Investment Opportunities
01:19 Welcome to Wealth Wisdom Financial Podcast
02:19 Meet Amanda Neely: Your Financial Psychology Guide
04:33 The Birth of Behavioral Economics
11:42 Cognitive Biases: The Hidden Forces in Financial Decisions
16:49 How Financial Advisors Exploit Biases
24:00 Join the Wealth Wisdom Financial Community
25:43 Conclusion: Outsmarting Financial Biases
Links mentioned in the show:
- Schedule a Discovery Call here: https://www.wealthwisdomfp.com/call
- Join the Wealth Wisdom Financial Community for more practical tips and a group of people to grow your wealth alongside: https://www.wealthwisdomfp.com/community
100 episoder
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