The Online Investing AI Blog

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Yesterday, we talked about how your beliefs can attract wealth. Not only do your thoughts influence your investing and saving habits on a personal level, but these beliefs, in a collective sense, can cause macroeconomic changes.

But can your thoughts attract debt?

It seems so. Your spending behavior is directed by your beliefs. Financial psychologists say that, like most mental processes, these beliefs can be complex and often contrarian. Thoughts and beliefs about debt are the most complicated.

You probably think that debt comes from over-confidence, or financial hubris. You’re spending money you don’t have because you’re sure the resources to repay the debt will be there one day… some day. But that may not be the case.

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All money is a matter of belief.
–Adam Smith

I know what you’re thinking. This is going to be one of those secret-law-of-attraction-manifesting-type posts.

That’s really only one conjecture of how beliefs create wealth. Even if you don’t believe in any of the New Agey-gooey stuff, the fact is that your beliefs create wealth on different levels.

The first way your beliefs create wealth is on the personal level. Your beliefs affect the way you make money, save money, invest money, and spend money. Those actions together determine how wealth is actualized in your life.

For example, an investor, who believes the world is falling off the edge of a cliff, will immediately act on those beliefs, sell everything he or she has, and be satisfied with the morsels remaining. That one belief determined the wealth of the investor. Since no man or woman is an island, this is just the beginning of the powerful effect beliefs have on the economy.

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Dreams Come True, Investing, Money, Online Investing AI, Success, US Economy belief, consciousness, creation, economic, economy, Money, thoughts, wealth, wealth creation

There’s a story about legendary quarterback Joe Montana.

After his first Super Bowl win, a reporter asked what it was like playing in his first Super Bowl. Montana said, it wasn’t his first Super Bowl. He had played that game as a kid hundreds of times.

What I think Montana is saying is that when he was young, he saw himself playing in the Super Bowl, all the time, probably like a lot of other kids. But, unlike most youngsters, Montana kept his faith and kept working and kept visualizing that goal, even as most of his contemporaries lost their drive.

If your goal is personal wealth, visualization can helps you achieve Super Bowl-type performances.

Here’s how:
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George recently wrote a post about the brain’s similarity to a computer.

There are neuroanatomists, like Jill Bolte Taylor, who back up George’s premise and, in fact, believe that the brain behaves as a parallel processor (right hemisphere) and a serial processor (left hemisphere).

I’d like to take this analogy one step further: if the brain is a computer, could the MIND be a quantum computer? A quantum algorithm uses superposition (or quantum entanglement) to work on data exponentially. Whereas a regular computer operates on single bits, a quantum computer, technically speaking, can use qubits to manipulate multiple operations at the same time.

Stuart Hameroff, a anesthesiologist, and Sir Richard Penrose, a quantum physicist, say that at the nano-scale level the brain is engaging in quantum computations. This is so fundamental, the researchers suggest that the brain is literally wired into reality.

Is this the point where the brain becomes the mind?

There are those, like Hameroff and Penrose, who think so, but other scientists still aren’t sure. Consciousness remains the hardest soft science.

By the way, Hameroff doesn’t believe that the Singularity will happen, stating that AI won’t be able to compete with the quantum computational operations in the human brain–or mind. However, he doesn’t address whether AI could be used to augment the mind.

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