I was so inexperienced in my early twenties that I could just stand by when a complete service stock broker took $85,000 from my eighty year old granny. I enjoyed the across the country stock brokerage secure the interests of the complete service broker and my granny lost whatever.
The pain of this was so extreme that it drove me to finish my Ph.D. in financing-- less than a hundred of us graduate in this degree worldwide every year since it is so mathematically tough. My disappointment and anger at the huge rich forces behind Wall Street drove me to become a modern master of money. This is what you need to do-- get up!!! Awaken to the truth that you can make it as a stock investor. Awaken to the truth that you control your fate and that you can stop handing all of the control over to the Wall Street maker that might absolutely care less about your monetary future. This is the primary step-- take complete obligation for you earnings, cost savings and investment.
I found out years ago from a pal of mine, Dr. Van Tharp, Ph.D., that if I didn't take full responsibility for my investing that I would never advance-- I would merely break the delicate feedback loop that permits all of us to gain from our errors. At any time you blame anybody for a financial mistake you ruin the chance to grow and find out from the situation. The easy decision you must make is to deeply, completely, strongly, and lastly, state to your self, "I am the master of here my universe-- I am in control-- Wall Street has no power over my mind" is the key critical change you must make in your thinking.
Some people will think that you are big-headed however just blow them off and laugh all the way to the bank. Stop listening to people-- are these nosy little bug a bugs in your life that so quickly nay state your financial investment dreams paying your costs or offering you money to continue-- no so blow them off! They just wish to offer you bad suggestions so that you fall under their same monetary loser traps. In terms of investing end up being an island unto yourself and extremely carefully cultivate relationships with individuals who really do know what they are carrying out in investing. This is exactly what I did. I began looking for individuals who really comprehend the markets. I discovered them in time and I asked them great deals of questions.
I am widely recognized as a leading professional in the stock market and specifically at teaching you how to become your neighbor's millionaire next door. I was so inexperienced in my early twenties that I could only stand by when a full service stock broker stole $85,000 from my eighty year old grandma. I enjoyed the across the country stock brokerage secure the interests of the full service broker and my grandmother lost everything.
This is what you have to do-- wake up!!! Wake up to the fact that you can make it as a stock investor.