⚓ How to Anchor Your Finances

Here is how to free yourself from this way of thinking... [Shield] AN OXFORD CLUB PUBLICATION [Liberty Through Wealth]( [View in browser]( SPONSORED [Bad News - Good News]( One $8 Stock Could Help Put You on the Right Side of This Equation. [Click Here for Details]( EDITOR'S NOTE Dr. Joel F. Wade contemplates the anchoring effect today. He reveals how being aware of this bias and consciously freeing yourself of it when it really matters could make a significant difference in your investment returns. Well, today you can take the guesswork out of your investments by following Alexander Green's "[Single-Stock Retirement Play]( He believes it has the makings of the "[Perfect Stock]( and could be the cornerstone of your retirement. [Find all of the imperative details here!]( - Nicole Labra, Senior Managing Editor THE SHORTEST WAY TO A RICH LIFE [Making Waves With the Anchoring Effect]( [Joel Wade | Special Contributor | The Oxford Club]( [Joel Wade]( "Anchors away!" Yes, I know that's not the proper spelling. Nautically speaking, the term for raising an anchor on a ship is "anchors aweigh." But today's column is about how to free yourself from a certain quirk of thinking called "anchoring" so you can avoid its effects when it really matters. Imagine you're out for a very nice dinner with your spouse and the two of you decide to share a bottle of wine. You look at the wine list and see several bottles listed in the $170 range, a few in the $50 range and quite a number around $80 to $90. While $80 is more than you were planning to spend when you left the house, you're still drawn to the $87 bottle of cabernet. Why? Because $50 - being the lowest price - seems miserly for a special evening out... and compared with the $170 price tag, $87 is easier to accept. This is an example of anchoring. The $170 bottles shifted your expectations for what a nice bottle of wine should cost. If the highest-priced bottles were all in the $80 to $90 range, you probably would've chosen a less expensive option. But this is just one instance of anchoring in action... [Unlock Another Example of Anchoring Here]( [2023 IU Israel Jordan Egypt]( WEALTH OPPORTUNITIES - [How to Invest Safely to Earn the Lifestyle You Want]( - [Three Steps to Take Immediately to Protect Yourself From the Biden Stock Market]( - [Despite the Binance Fiasco, Crypto Isn't Going Anywhere]( - [Bad News: If You Buy After the Opening Bell, You've Already Lost Here's Why]( Joel F. Wade, Ph.D., is the author of [The Virtue of Happiness]( and [Mastering Happiness]( plus his new courses, [Mastering Emotions, Moods and Reactions]( and [A Master's Course in Happiness](. He is also the host of [The Mastering Happiness Podcast](. He is a marriage and family therapist and [life coach]( who works with people around the world via phone and video. You can get a FREE Learning Optimism e-course if you sign up at his website, [www.drjoelwade.com](. His new course [Mastering Emotions, Moods and Reactions]( can help you with this part of your life in much greater detail, with deep understanding and practical skills for mastering these systems and living well. And now you can purchase the [workbook]( for this course separately for $29.95 plus shipping. You can still get the online course with the downloadable workbook at a deep discount, for $99, if you use this code: LB99. SPONSORED [Biden Just Signed Death Warrant On Your Freedom]( [Big Brother Watching]( If Biden's Executive Order 14067 comes to pass, a former advisor to the CIA and Pentagon is predicting legal government surveillance of all U.S. citizens; total control over your bank accounts and purchases; and indefinite Democrat control past 2024. He says Covid was a trial run for how to control a population. Dems will use their "pandemic playbook" to silence any dissent. 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