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Thousands of folks who follow this strategy reap the benefits now. This includes my parents. Just buy the shares and let your broker do the rest. Done. [OST Main Logo mobile]( [LOGO OST]( At times, our affiliate partners reach out to the Editors at Open Source Trades with special opportunities for our readers. The message below is one we think you should take a close, serious look at. [divider] To achieve a goal, a drive to do so is key. Yet not all motivation is created equal – and some factors driving a desire to succeed can even be harmful. A At the start of a new year, many of us are naturally thinking of our goals for the months ahead. And as we do so, it’s worth paying attention not just about the challenges themselves, but also the reasons we are taking them on. If you plan to write a novel, for example, are you doing it for the sheer pleasure of creating a fictional world inhabited by curious characters? Or are you doing it because you love literature, and want to make a valuable contribution to your culture? Perhaps you simply want to prove to yourself that you are capable of being published, or maybe you yearn for fame, and writing a best-seller feels like a great path to recognition? According to “self-determination theory”, each of these questions represents a different source of motivation with distinct consequences – good and bad – for our performance and wellbeing. This research suggests that by picking the right goals, for the right reasons, you will be more engaged and more determined, while deriving greater satisfaction from your success. A reward in itself Like many scientific ideas, self-determination theory has been years in the making. It has its roots in a few studies from the 1970s, but only started receiving serious interest following the publication of a seminal paper in the year 2000 that outlined some of its core concepts regarding motivation, performance and wellbeing. At the heart of the theory lies the optimistic notion that most humans have a natural desire to learn and develop. “It’s based on the assumption that people are growth oriented,” says Anja Van den Broeck, a professor in the faculty of economics and business at KU Leuven, Belgium. Are you writing a novel to fulfil a passion or because you want the notariety? (Credit: Getty Images) Are you writing a novel to fulfil a passion or because you want the notariety? (Credit: Getty Images) A growth orientation is most visible in young children’s insatiable interest in the world around them – but adults, too, can feel an inherent fascination and curiosity in certain activities, which makes completing a task becomes its own reward. (Just think of a time when you have been so absorbed in an activity that you haven’t noticed time passing.) This is known as “intrinsic” motivation. Often, however, we may lack sufficient intrinsic motivation to do a task that is necessary to meet our goals, and so we need to encourage ourselves – or be encouraged – by different forms of “extrinsic” motivation. They are: Identification: While you may not enjoy the activity itself, it may appeal to your broader values and goals – providing another form of motivation. For a teacher, it could be a recognition of the importance of education and their role in improving students’ futures that motivates them to spend extra hours marking homework; for the aspiring novelist, it could be the sense that they are creating a meaningful work of literature that keeps them revising their manuscript, even if the act of writing itself may feel laborious at times. Introjection: Sometimes we put pressure on ourselves to preserve our ego and self-image. “Your self-esteem may depend on the activity,” explains Van den Broeck. You are worried that if you don’t meet your goal, you will feel shame and a sense of failure. External regulation: Sometimes, motivation comes purely from external rewards – such as fame and fortune. In some workplaces, external regulation may come as performance-related bonuses and salary increases. You continue to put in the work to get the money, even if you find the tasks themselves to be rather dull and meaningless. If people experience very little of these, then they have amotivation. As you might expect, people with amotivation are expected to have low productivity and engagement. This might be most evident in the education, with students who will miss class at any opportunity, and who have no intention of putting effort into their studies. Research suggests that by picking the right goals, for the right reasons, you will be more engaged and more determined, while deriving greater satisfaction from your success Psychologists who study self-determination theory have designed various questionnaires to measure each of these types of motivation in many different contexts – and throughout the past two decades of research, some very clear patterns have emerged. Van den Broeck, for example, recently analysed 104 papers examining motivation in the workplace. As expected, intrinsic motivation – inherent interest or pleasure sparked by the job itself – predicted better job satisfaction, engagement and proactivity, and it was highly protective against burnout. Identification – the sense that a job is important or meaningful – was also extremely good for wellbeing, and it proved to be even more important for job performance. The effects of the other types of motivation tend to be more ambiguous. Introjection (linking your work to your self-esteem) does seem to ensure better job performance, but it also increases stress and comes at a heightened risk of burnout, which is a high price to pay for professional success. External regulation – purely financial incentives to perform well – proved to have the worst effects. As someone’s primary form of motivation, its effects on things like engagement and performance were limited, while also leading to worse wellbeing. There is even some evidence that people who are motivated purely by extrinsic rewards are more likely to act dishonestly, such as lying about their performance in order to get the recognition they desire. What do you actually want? It is important to take these conclusions with an important caveat, says Ian MacRae, a work psychologist and author whose books include Motivation and Performance (co-written with Adrian Furnham). While he sees value in distinguishing the different kinds of motivation, he points out that their relative importance will depend on their broader circumstances. If someone is struggling with the cost-of-living crisis, for example, then ‘external’ motivations such as the promise of an increased pay packet could make a real difference. “You do have to be careful about drawing conclusions for all sectors of the workforce,” he says. Once your basic needs have been met, however, then intrinsic motivation becomes far more significant, says MacRae. So, if you are in a relatively stable financial position, you might re-think starting a new project or position solely for the extra cash, unless you think that it would also incite your curiosity or give you a sense of meaning and purpose. Are you learning a new language because of your genuine curiosity about another culture, or because you want your CV to be impressive? (Credit: Getty Images) Are you learning a new language because of your genuine curiosity about another culture, or because you want your CV to be impressive? (Credit: Getty Images) MacRae suggests that interrogating your sources of motivation might improve your experience of your existing job. “Self-awareness is fundamentally important,” he says. “One of the key things is to understand what you actually want from the work – if it’s about your working relationships with other people, or if it’s about learning and development, for example.” You can then look for opportunities to capitalise on those elements. On the management end, it is essential that leaders listen carefully when their employees express these motivations, he says – and they should make a genuine effort to provide the necessary resources that will allow the employees to pursue those interests. That may be far more effective at energising the workforce than offering an end-of-year bonus to the most productive team member. Van den Broeck agrees. She points out that offering employees a sense of autonomy is linked to the intrinsic and identification forms of motivation. This doesn’t mean giving employees completely free rein to do whatever they want, but it might involve giving them some choice in the activities they perform, and explaining the purpose of the unavoidable tasks they have been assigned, so they can at least understand how their work fits with the team’s mission. The pleasure principle Self-determination theory isn’t all about work; it can also inform our hobbies, too. Do you aim to learn a language, for instance, simply because you think it would sound impressive? Or does it derive from a genuine interest in the culture or a specific need to communicate with the language’s speakers? If you are inspired by the latter, you will find the inevitable hard work much less of an ordeal than someone who is looking to learn the language for the social cachet of being multilingual. With your fitness, meanwhile, you might put pressure on yourself on do the hardest activity you can manage, simple because you want to prove your abilities to yourself or others, and you may feel that you’re somehow failing if you don’t push yourself to the absolute maximum. None of these reasons reflect much intrinsic motivation, however, so why not choose an activity that is slightly less strenuous but far more pleasurable? Recent research shows that people who select their exercise regimes in this way show greater persistence than those who did not consider their interest or enjoyment of the activities. Even if each session is slightly less gruelling, if you are more likely to stick with the activity, the long-term commitment will pay greater dividends. Life is short, after all, and there is only so much that we can achieve with the time we are given. Self-determination theory reminds us we need to be selective about the activities that we pursue. If you focus on the goals that are most personally meaningful and pleasurable, and ignore those that have been inspired or imposed by others, self-improvement does not have to be a chore, but a source of joy. 3 Dividend Stocks to Buy and Hold Forever (for a lifetime of income) I've dug through the over 3,000 dividend stocks on the market to pinpoint [3 stocks I believe you should buy and hold forever.]( I expect them to increase their dividend payouts in the years to come... so BUYING NOW means you could be picking up shares at an amazing price. Get them at a discount: Dividend stocks are about to recover from the 2020 crash, meaning there's still time to get shares at a better price than most did in 2019. 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Some of their advice is relatively common sense: you’ll often hear how top CEOs like Elon Musk begin work early, skip breakfast and divide their time into small, manageable tasks. Arianna Huffington, the CEO of Thrive Global, prioritises sleep in the name of productivity, including a bedtime ritual in which she turns off all mobile devices and “escorts them out of [her] bedroom”. Other inspirational figures are more idiosyncratic in their habits. Bill Gates, for example, would reportedly rock backwards and forwards in his chair while brainstorming – a bodily means of focusing the mind that apparently spread across the Microsoft boardroom. Gates was also very particular in his choice of notebook: it had to be a yellow legal pad. Further back in history, Charles Dickens carried around a compass so he could sleep facing north, something he believed would contribute to more productive writing, while Beethoven counted exactly 60 coffee beans for each cup, which he used to power his composing. Why do successful people follow such eccentrically specific habits? And why are we so keen to read about them and mimic them in our own lives? The answer lies in a powerful psychological process called ‘superstitious learning’. The brain is constantly looking for associations between two events. While it is mostly correct, it sometimes mistakes coincidence for causality – leading us to attribute success to something as arbitrary as the colour of our notebook or the number of beans in our brew, rather than our own talent or hard work. And when we hear of other’s triumphs, we often end up copying their habits, too, including the arbitrary rituals that they had acquired through superstitious learning – a phenomenon known as ‘over-imitation’. This is not to say the resulting habits are completely devoid of benefits. By giving us a sense of self-determination, the adoption of rituals – including the completely random behaviours that we have learnt ourselves or borrowed from those we admire – can help us to overcome anxiety, and may even bring about a noticeable boost in performance. From the placement of objects to over-reliance on particular possessions or behaviours, people's special rituals can be diverse (Credit: Getty) From the placement of objects to over-reliance on particular possessions or behaviours, people's special rituals can be diverse (Credit: Getty) Pigeon performance The scientific study of superstitious learning began in the late 1940s, with an influential paper by the American psychologist BF Skinner. Skinner was interested in the learning process of conditioning: how we teach animals to perform tricks. If you want to teach a dog to sit, for example, you give it a small treat whenever it lowers its hind legs. Soon, the dog learns to link the reward with the behaviour, and will sit on command. Skinner wondered whether animals might also come to associate random behaviours with rewards. If an animal, for example, was moving in a particular way when food was offered, might it then assume the food was a reward for the move? If so, might it repeat that same move over and over again in case it brought further success? To find out, Skinner took a group of hungry pigeons and attached a device that would feed them at regular intervals to their cage. Sure enough, the pigeons soon began to perform idiosyncratic behaviours when they felt hungry again. “One bird was conditioned to turn counter-clockwise around the cage, making two or three turns between reinforcements,” he wrote. “Another repeatedly thrust its head into one of the upper corners of the cage.” You might wonder how long the bird would continue with this behaviour without becoming disillusioned. But the simple rules of probability meant that the food would often come again while the bird was repeating its ritual, which reinforced the illusion that its behaviour was somehow influential. Superstition is a kind of maladaptive behaviour that arises from what is normally a very good thing – the ability of the brain to predict - Elena Daprati Skinner described the birds’ behaviour as a kind of superstition, and speculated that a similar psychological process could drive many human rituals. Skinner’s initial results have been questioned by other scientists, but later experiments provide substantial support for the general idea. It seems that the brain is constantly looking for associations among our behaviour, our environment and the rewards that we seek – and quite often, it can come to the wrong conclusions. “Superstition is a kind of maladaptive behaviour that arises from what is normally a very good thing – the ability of the brain to predict,” says Elena Daprati, a neuroscientist at the University of Rome Tor Vergata. Daprati’s own research has showed further evidence for this theory. In a 2019 paper, her team showed that individual differences in implicit learning – the brain’s ability to non-consciously pick up patterns – can explain why some people are more likely to form superstitious habits than others. In one task, for instance, participants viewed a series of shapes appearing on a screen. Each time, they had to quickly identify whether it was the same shape or different to the one before. Unbeknown to the participants, the colour of the previous shape could predict where the next appeared on the screen. Participants who learnt to pick up on that pattern should be able to focus their attention and make their choice more rapidly. Besides taking this test, the participants also completed a questionnaire that measured how superstitious they were in everyday life. If superstitious behaviours arise as a by-product of our ability to form associations, then you would expect more superstitious people to perform better on this task – and this was exactly what Daprati found. “Superstitious individuals generally pick up on the cue and use it,” she says. In everyday life, this associative learning might lead us to settle on a ‘lucky’ pen that seems to deliver particularly good grades in exams, or a certain suit that we feel guarantees a good job interview. Creative tasks are especially rife with uncertainty – which may explain why thinkers like Gates, Beethoven and Dickens adopted such specific behaviours to get their thoughts flowing. The problem of ‘over-imitating’ Once rituals informed from superstitious learning exist, they can extend their influence beyond their creator. Emilia Rovira Nordman, an associate professor of marketing at Mälardalen University in Sweden, highlights an example from academia. It is notoriously difficult to get a new paper accepted by a prestigious journal, she says, and researchers will often find spurious reasons for their successes and failures. They will then pass on that advice to their colleagues and students – meaning that others will start to adopt the same arbitrary rules when preparing and submitting papers. We're conditioned to admire successful people and mimic their habits - even if some of these habits are eccentric (Credit: Getty) We're conditioned to admire successful people and mimic their habits - even if some of these habits are eccentric (Credit: Getty) Something similar may be occurring on a much grander scale, thanks to media, when a billionaire, acclaimed author or world-class athlete tells us about their daily routine. Some of their behaviours will have been acquired through superstitious learning – and we may then follow their advice as if it were the gospel truth. A key reason for this is that humans are social creatures; we are primed to look to people of higher status for advice. Various studies over the past decade have shown that we have a tendency to “over-imitate” when we learn from others, copying every action they perform, even if there is no obvious logical reason for a particular deed. Often, we simply don’t even question the reason for doing something – we just assume that it must have a purpose. Given this tendency, it may be only natural that, reading a biography of a famous writer or watching an interview with a billionaire businessperson, we are tempted to take on their idiosyncratic rites and rituals in the hope that we can somehow achieve the same success, without recognising how many other factors – including sheer chance – would have played a role in their achievements. Don’t stop believin’ In some cases, when spurious associations influence high-level decision-making, superstitious learning may be costly. One 2020 study of Swedish biotech companies found that two CEOs who had come to associate certain marketing strategies with success religiously repeated the same steps in their new start-ups – even though there was no logical reason to think that the specific approach could work again. “Their abilities to connect actions to outcomes were incorrectly specified,” says Rovira Nordman, who was a co-author of the study. She suggests that whenever we are making an important decision, we apply our critical thinking to question all the assumptions that we are making and the evidence for them. “You should remain suspicious,” she says. Often, however, the rituals that we acquire take very little effort. (There’s no real harm, after all, in counting your coffee beans, apart from a slight waste of time.) And whether you have learnt it yourself, or copied it from others, the very act of performing the routine could help you feel more focused and determined. “[Rituals] can reduce stress and give you the feeling that you are in control of the situation,” says Rovira Nordman. Daprati suggests that this may even be the reason that we persist in these behaviours; although the initial association with success may have been illusory, the positive mindset that it produces really does improve our performance the next time, so we do it again and again. One study showed that basketball players tend to be more accurate in their shots if they first go through a specific “pre-performance routine”, such as spinning or kissing the ball. Other studies have found that asking participants to perform small rituals can improve everything from academic performance to pitch accuracy in karaoke singing. In some ways, it’s a bit like the placebo effect in medicine – the sense that you are doing something positive can itself change the outcome. Given these findings, we need not be embarrassed by the little rituals that pepper our days; if the action costs nothing and helps you to feel a bit more in control of your day, it’s perfectly rational to continue. Whether you’ve been inspired by past experience or are mimicking your heroes, your arbitrary rituals may just push you a little a bit closer to the success you seek. David Robson is a science writer and author of The Expectation Effect: How Your Mindset Can Transform Your Life, published by Canongate (UK) and Henry Holt (USA) in early 2022. He is @d_a_robson on Twitter. [Tim Plaehn] Tim Plaehn Editor of The Dividend Hunter P.S. When you go see these 3 stocks, I also have a bonus report to share with you, The 36-Month Accelerated Income Plan to Pay Your Bills for Life. This is my #1 strategy to turn a small $25k stake into an income stream that pays your bills each month. [Go here to see this 2nd report.]( [devider] [Slogan]( You {EMAIL} received this email as a result of your consent to receive 3rd party offers at our another website. Email sent by Finance and Investing Traffic, LLC, owner, and operator of Open Source Trades To ensure you keep receiving our emails, be sure to [whitelist us.]( This message from Investors Alley is being sent in full accordance with the CAN-SPAM Act. We respect your privacy and, therefore, this email was sent directly from Investors Alley. Please review our [Privacy Statement and Terms of Use.]( 221 W 9th St # Wilmington, DE 19801 © 2023 Open Source Trades. All Rights Reserved[.]( [Privacy Policy]( | [Terms & Conditions]( | [Unsubscribe](