Skip to main content

The Investor's Advocate: "In" Crowd Insanity

 

Social Constructs and Our Longings to Belong


Have you ever wondered what it would be like to be a member of the financial elite? And if so, what sacrifices would you be willing to forego to make such a transformation possible? These queries are addressed in a riveting post entitled "Class Pass"  (https://www.howtoinvestblog.net/2021/08/class-pass.html) by Anthony Rhodes. Mr. Rhodes is the owner of wealth management firm The Planning Perspective (www.theplanningperspective.com), and the article is a recent addition to his popular How To Invest blog (www.howtoinvestblog.net).

"The desire to socialize is hardwired within our very beings as humans." he began. "It's what has allowed us to build villages, towns and metropolises by which to gather, trade and construct our diverse communities." he added. "Throw capitalism within the societal mix and you inevitably produce hierarchies, and the yearning to escalate from one platform to another within the hierarchy is what I sought to cover within the post."

These societal structures, along with our desires to be affiliated within certain classes, can have jarring effects on our emotional well-being, and cause us to make trade-offs regarding whether or not to speak up for fear of being removed from such parties, according to Mr. Rhodes.

"As it relates to our finances, it's very important  to understand how this topic translates to the client/advisor relationship, and how working with advisors and firms which place a premium on those relationships actually are, both in words and actions." he continued. "It's best to work with someone who makes you feel both comfortable and valued, regardless of your background." he furthered. "I hope this point come through within the post."   

Comments

Popular posts from this blog

The Investor's Advocate: Flawed Successes

  A Glitch in Nature's Matrix Provides Golden Opportunities for Investors, and Everyone Else Is there a flaw written within the very coding of nature which makes it susceptible to exploitation? And if so, how can it be utilized to increase the performance of your investments? To find the answers, you should read a posting called "Rewarding Repetitions"  ( https://www.howtoinvestblog.net/2021/07/rewarding-repititions.html ) by Anthony Rhodes. It's a recent addition to his popular How To Invest blog ( www.howtoinvestblog.net ). Mr. Rhodes is the owner of wealth management firm The Planning Perspective ( www.theplanningperspective.com ). "In this particular case, Mother Nature may actually be a victim of her own success." he began. "Once nature discovers a method which proves to be successful, she, like all of her offspring, seeks to replicate it, and these replications can produce certain opportunities." he added. " But these opportunities onl

The Investor's Advocate: Spring Into Action

Using Warming Temperatures as Reminder to Remove Glacial Under Performers Within Your Portfolio Are you performing an analysis of your portfolio on a quarterly basis? And if not, why? This very important action could literally be the difference between its success or failure, so says Anthony Rhodes, the owner of wealth management firm The Planning Perspective ( www.theplanningperspective.com ), in a posting on his popular How To Invest blog  ( www.howtoinvestblog.net ) called "Is Your Portfolio in Need of Some Spring Cleaning, Too?"  ( https://www.howtoinvestblog.net/2016/11/is-your-portfolio-in-need-of-some.html ). "Like other facets of our lives, our investments should also be evaluated at least quarterly." he began. "In order to identify successes, and eliminate failures, such adjustments are essential, otherwise we run the risk of having perpetual under performers in our portfolios for extended amounts of time, which could actually prove disastrous."

The Investor's Advocate: Frienemies

  Evaluating Friendships to Improve Your Financial Situation Are your finances struggling due to your exposure to toxic relationships? And if so, what, if anything, can be done about it? These questions are addressed in a posting called " Are Toxic Relationships Keeping You From Your Financial Goals?  ( http://www.howtoinvestblog.net/2016/11/are-toxic-relationships-keeping-you.html ) by Anthony Rhodes, the owner of wealth management firm The Planning Perspective  ( www.theplanningperspective.com ). It's an addition to his popular How To Invest blog   ( www.howtoinvestblog.net ) . "Sometimes it's difficult to honestly confront the correlation which exists between our finances and our friendships." he began. "Financially helping out others in their time of need is one of the traditional components of an established friendship." he explained. "But it's also important to make sure that those individuals are worthy of that friendship, and further