I was so inexperienced in my early twenties that I could only stand by when a complete service stock broker took $85,000 from my eighty year old grandma. I enjoyed the across the country stock brokerage safeguard the interests of the full service broker and my grandmother lost everything.
The pain of this was so extreme that it drove me to finish my Ph.D. in finance-- less than a hundred of us graduate in this degree around the world annually since it is so mathematically difficult. My aggravation and anger at the big rich forces behind Wall Street drove me to end up being a modern master of cash. This is what you have to do-- awaken!!! Awaken to the truth that you can make it as a stock investor. Wake up to the reality that you manage your destiny which you can stop handing all of the control over to the Wall Street device that could definitely care less about your financial future. This is the first action-- take full duty for you revenues, savings and investment.
I discovered years earlier from a good friend of mine, Dr. Van Tharp, Ph.D., that if I didn't take full duty for my investing that I would never advance-- I would simply break the vulnerable my latest blog post feedback loop that permits all of us to gain from our mistakes. At any time you blame anyone for a financial mistake you damage the opportunity to flourish and discover from the scenario. The easy choice you must make is to deeply, completely, strongly, and lastly, state to your self, "I am the master of my universe-- I am in control-- Wall Street has no power over my mind" is the crucial critical modification you need to make in your thinking.
Stop listening to individuals-- are these meddlesome little bug a bugs in your life that so quickly nay say your investment dreams paying your bills or giving you money to move ahead-- no so blow them off! In terms of investing become an island unto yourself and very carefully cultivate relationships with people who really do understand what they are doing in investing. I began looking for out individuals who truly understand the markets.
I am commonly recognized as a leading expert in the stock market and especially at teaching you how to become your neighbor's millionaire next door. I was so unskilled in my early twenties that I might only stand by when a full service stock broker stole $85,000 from my eighty year old granny. I saw the across the country stock brokerage protect the interests of the complete service broker and my granny lost whatever.
This is what you have to do-- wake up!!! Wake up to the truth that you can make it as a stock investor.