What do you call it when people get an idea in their head that they can have something, they get a good feeling about it, and be grateful? Heck even add, “take an action” to the list.
Yep, that’s the so-called new understanding of the “Law of Attraction”.
It’s killing a country with a domino effect into the world.
When you put a popular movement into culture that is based on hopeful/wishful/unwarranted and incredibly stupid thinking, you create one disaster after another for people.
It takes no brain power to buy a house.
And the domino effect of people who have “bought the home of their dreams” is that the walls come tumbling down for just about everyone.
People aren’t actually BUYING a house.
Oh, they get a piece of paper that is a “title,” here in America, but don’t kid yourself. If you buy a $500,000 home with 5% down ($25,000) and next year that house is worth $450,000, the person has just lost $25,000. If they have to move, they will spend about $30,000 in realtor commissions.
That $55,000 is the average 401 K savings for an American.
The secret is…”The Secret” has just wiped your friend out.
And they won’t get to play the game again for about 7-10 years.
Instead, their kids will now live in a rental in a high-risk neighborhood.
THEY SAW IT IN THEIR MIND,
THEY FELT GOOD ABOUT IT,
THEY WERE GRATEFUL
and dog gone it, they TOOK AN ACTION!
Welcome to Dumb, Dumb, DUMB 101.
People are taking enormous gigantasaurus-sized risks they never would have done 10 years ago.
(Positive Thinking and Risk Research toward end of article)
Logic, Critical Thinking and Decision-Making
People have become risk averse to work and *real thinking*, otherwise known as logic, critical thinking and decision making.
When “The Secret” came out, I tried my darnedest to point out the absolute schizophrenic-like insanity of the concept. It isn’t real.
“Oh, but Kevin, the quantum universe will attract….”
Thank god for quanta…..
The process that went into almost every foreclosure was, “The Secret”.
And I wrote about it. I did a teleseminar about it. I tried to get people to not fall for the scam, because this one is a *really bad* scam. This doesn’t steal money from an old lady watching some preacher on TV. This gets to the core beliefs of people and causes their actions or more accurately, their inactions.
They of course, have now figured it out.
“The Secret” is, just like “The Secret”‘s intentional deception in promotion (Winston Churchill had “The Secret”….Churchill would have SHOT the person who dared bring such a disaster public.)
Can we determine who’s to blame? …
Can We Determine Who’s to Blame?
So, am I blaming the people who are part of “The Secret” for destroyed lives, children who are forced to leave friends and family because of their parents’ stupidity.
Not at all.
It requires someone be stupid enough to believe “The Secret”.
It’s very, very tough for an honest person to be conned.
Honest people tend to cluster together, much as dishonest people do.
Honest people will tell you that you can’t buy a home on a hope, a dream on a vividly imagined outcome.
Honest people have done the math and figured out that “The Secret”, if it goes viral will be the most destructive thing to hit a community or society, perhaps ever.
And of course it has.
All the fault of the people in “The Secret”? The people who promote “The Secret”? Certainly not. It’s just as much fault of the people who hear about such ideas don’t know “what it’s called,” but buy into the notion and go “buy” that house anyway.
And that is the problem with “The Secret”.
People aren’t attracting a car or a house.
They have attracted a nice thick PAYMENT BOOK.
I promise you that I can tell you a great deal about anyone when they tell me the year of make, cost of their vehicle and what their job is.
People now take these 5 and 6 year loans from the bank.
I’m sorry, people attract these cars into their lives and have to PAY a TON for these cars over and above the retail price because they also financed it.
(Face it, there are a lot of people who work FOR the SOLE PURPOSE of a piece of metal. It costs a lot of money to “own” a car.)
But you DID ATTRACT the car/house, right?
But they DID attract the car into their garage didn’t they?
Yep. They sure did.
Fact is MOST people who “buy” a car actually NEVER OWN it.
Most people who “buy” a house actually NEVER OWN it.
The BANK owns “it.”
What’s the Real Secret? …
What’s the Real Secret?
And the bank doesn’t believe in “The Secret”. (Though that is another article for another time….) That’s why you sign all those pieces of paper and they don’t. They don’t imagine in their minds you will repay the loan. They don’t get a good feeling about it and aren’t grateful.
The Real Secret is that when you have paid for your house, you have “attracted it.” When you have paid for your car, you have then attracted it. After all, at THAT POINT, it IS yours (and you can be very grateful!).
Just because a piece of metal sits in a garage of a structure that someone lives in doesn’t make the structure or the car “theirs.”
Someone might have paid off half of their mortgage.
They don’t own half of a house.
The bank owns the whole thing.
“The Secret” permeates like the Ebola Virus. It is so powerful and deadly.
And worse, it comes packaged in such a pretty, and “well produced” box….Sure looks nice, doesn’t it?
For years people have talked about “positive thinking.”
Positive Thinking and Risk Better Understood
The scientific research that just came out on positive thinking and risk is pretty cool.
Check it out:
Looking on the bright side can lead to irresponsible financial behavior, reveals an article in the Journal of Consumer Research.
In a series of studies, Elizabeth Cowley (University of Sydney) examines repeat gambling in the face of loss. She finds that people often engage in too much positive thinking, selectively focusing on one win among hundreds of losses when they think back on the overall experience.
“When we want to justify engaging in an activity which could potentially be irresponsible — like gambling — we may need to distort our memory of the past to rationalize the decision,” Cowley explains. “People who have frequently spent more money than planned on gambling edit their memories of the past in order to justify gambling again.”
For example, Cowley had participants in one study play a computer game in which they could win credits with the financial equivalent of one cent per credit. Each participant played the game 300 times. Everyone experienced one big win and one big loss. But for the other 298 games, one half of the group experienced all small losses, while the other experienced all small wins.
Cowley also manipulated the distance between the big win and the big loss.
The results explained? …
The Silver Lining Effect
A week later, participants were surveyed for their memories of the experience. Surprisingly, Cowley found that even some losers remembered having a positive experience. If the big win and the big loss occurred far apart, losers had fond memories and indicated a willingness to spend their own money on the game.
As Cowley explains, the further apart the big win and the big loss, the easier it was for losers to isolate their memories and focus only on the positive, a “silver lining” effect.
“The tendency to segregate positive and negative events in a mixed-loss experience is based on the logic that remembering a large gain allows people to feel good even when the objective outcome was negative,” Cowley says.
The Cancellation Effect
Conversely, Cowley found that winners — those who experienced 298 small wins — were happier when the big win and the big loss were closer together, allowing them to lump all the games together and ignore the big loss. She termed this the “cancellation effect.”
“When the outcome of an experience including both positive and negative events results in a net gain, people look for ways to integrate positive and negative events to reduce, if not cancel, the pain associated with the negative events,” Cowley explains.
The research is the first to consider a motivated memory explanation for justifying irresponsible behavior. Apparently, positive thinking can sometimes be negative.
Journal reference: Elizabeth Cowley, “The Perils of Hedonic Editing.” Journal of Consumer Research: June 2008.
Adapted from materials provided by University of Chicago Press Journals, via EurekAlert!, a service of AAAS—University of Chicago Press Journals (2008, April 22). When Positive Thinking Leads To Financial Irresponsibility Like Compulsive Gambling. ScienceDaily. Retrieved April 21, 2008, from http://www.sciencedaily.com; /releases/2008/04/080421111630.htm
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