Rabu, 10 Mei 2023

Stop Doomscrolling Now!

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Liberty Through Wealth

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EDITOR'S NOTE

As Matt Benjamin advises below, "Stop doomscrolling!"

And Alexander Green says you shouldn't stop there. He believes America is shifting to a new form of "woke capitalism" that pushes back against hard work and focuses on feelings instead.

And it's hurting stocks across the board. (See which stocks you should sell right away here!)

Alex has been on top of this story for some time.

He says that it is time to move your money out of the businesses that are pushing woke agendas.

And move it into these outperforming companies still working in the interest of shareholders.

Watch Alex's whole takedown of woke capitalism right here.

- Nicole Labra, Senior Managing Editor

THE SHORTEST WAY TO A RICH LIFE

Three Ways Doomscrolling Has Got It Wrong

Matt Benjamin | Senior Markets Expert | The Oxford Club

Matt Benjamin

Are you guilty of doomscrolling?

I only came across this intriguing term recently.

And yet I recognized it instantly. Because I periodically catch myself scouring the media and the internet for bad news, crazy views and apocalyptic predictions.

The National Institutes of Health (NIH) defines "doomscrolling" as "a habit of scrolling through social media and news feeds where users obsessively seek for depressing and negative information."

And those news and social media sites are happy to oblige. In fact, their algorithms work by examining the content we look at most and feeding us more of it. That can create a vicious cycle, the NIH says, which can lead to compulsive and extremely unhealthy behavior.

It's not just algorithms, either. It's also news directors. There's a strong negativity bias that runs through the entire media from the extreme left to the extreme right.

These media outlets know that "if it bleeds, it leads."

Alexander Green writes about that harmful bias on a regular basis - and how it can affect your mental health and your portfolio.

He often points out that this is the best time in history to be alive because most people in the West today are living longer, healthier, safer, richer, freer lives than any generation in history.

All true. But I'd like to narrow my focus to the short term, the economy and the financial markets... and suggest that today there are many more reasons to be an optimist than a pessimist.

Find My 3 Arguments Here
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