We’re continuing the discussion from the post on How Much is Enough? Russ had some great points on money versus wealth and the real value we assign things. And that is the point some of you aren’t getting.
David asks, “If it is true value and not perceived value then why does it change in a Boom or a recession? If it were true value then surely it would never change? If someone builds 10 more hotels next door and they all go up for sale at the same time, the buyers will perceive them all to be worth less and will make an offer dependent on their perception of what it is worth to them. The first hotel is the same but the price will be reduced. Even a fake story in the local news about toxic waste on the site could drop the price.”
But that is the point EXACTLY…
Follow me here: Let’s say two people are thinking about buying a hotel. We’ll call them “Bones” and “Randy.” 🙂
The guy we call “Bones” watches the news every night and sees the fake story about toxic waste. This fits perfectly into his worldview that all big corporations are greedy entities that plunder the environment and he decides not to buy the hotel.
The guy we call “Randy” hears about the story, but checks it out and realizes it’s false. He believes the hotel is still a great value for the money and buys it. The area continues to develop, legalizes gambling five years later, and Randy sells his hotel to Donald Trump for a $20 million profit.
We track down the Bones guy and we find him drinking in a pub, commiserating about how the rich people conspire to take money from the pockets of the poor. He’ll offer the hotel deal as proof. But he actually had the same opportunity. However his consciousness – his subconscious fundamental beliefs about money and other forms of prosperity – clouded his vision and caused him to miss the opportunity.
As James Allen tells us, the outer world of circumstance shapes itself to the inner world of thought. It’s okay to be skeptical. Everyone should do their due diligence before any large financial decision. But never confuse cynicism with skepticism. If you have a cynical view of the world, if you expect people to screw you and expect bad things to happen, that is exactly what you attract.
This happens because you see yourself as a victim, so your subconscious mind causes you to take actions that keep you in victimhood. I did this for 30 years.
In my case, it was because I had such low self-esteem. I didn’t like myself and the only thing that made me feel better was when I subconsciously put myself in situations where I could be the victim. This made me feel noble and right.
So what about you? Do you revel in victimhood because it makes you feel better? Are you only happy when you’re unhappy?
In the follow up post Are You Sabotaging Your Prosperity?, the real Bones said, “Randy asked a question…I answered that question…And now I’m a broke, anti-prosperity communist?”
My experience of you Bones would cause me to answer, “No you’re not a broke anti-prosperity Communist. You’d just be happier if you were.” So please just swish that around a bit and see where it takes you. Just see if you feel you have a worldview that may be causing you to miss out on some prosperity you should be getting.
As for the rest of you…
Before anyone gloats or thinks today’s post is “Randy gets even with Bones” day, it isn’t. Bones asked some great questions and brought a lot of this discussion to light. Give him credit for challenging me, having conviction, and not being afraid to go against the grain. He is honestly trying to get his head around the issue and he has the courage to ask the tough questions that he hopes will get him there.
There were many other comments that reek of lack programming and prejudice about money and wealth. And that’s exactly where we’ll pick up on the next post!