Investor Psychology

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Joe S.#1 Investor Psychology Contributor
  • Investor
  • San Antonio
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I’ll give you $1000 a month to tell me how to dress!

Joe S.#1 Investor Psychology Contributor
  • Investor
  • San Antonio
Posted Nov 21 2022, 18:10

I’ll give you $1000 a month to tell me how to dress! … or not!!!

So today I met with a friend/realtor acquaintance at a closing. And he had on a jacket with a matching sweater. His wife was with him they were dressed just right  for the touch of cool weather.

I told him he looked sharp which made him very happy and he told me he was paying a mentor $1000 a month to teach him how to dress. He then went on to tell me about how he was hiring mentors/ coaches  to help him. The mentor/coach was making him believe that this was going to make him super successful.

 I kind of figured hard work and making good choices with your money has the biggest bang for the buck, but hey I’m still open to learn. From my observations the wealthier a person gets the less they try to prove it. (Some exceptions to this of course.) Some rich people even go to a little bit of trouble to hide it. It seems like the coaching/mentoring industry goes to great lengths to try to prove they are wealthy in order to get other people to believe in them. At least that has been my perception.

Would you pay somebody $1000 a month to tell you what to wear as far as a wardrobe?



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