I was so unskilled in my early twenties that I might just stand by when a full service stock broker took $85,000 from my eighty year old granny. I watched the nationwide stock brokerage secure the interests of the full service broker and my grandmother lost whatever.
The discomfort of this was so intense that it drove me to complete my Ph.D. in financing-- less than a hundred of us finish in this degree around the world each year since it is so mathematically tough. My disappointment and anger at the big abundant forces behind Wall Street drove me to become a contemporary day master of cash. This is what you need to do-- awaken!!! Awaken to the truth that you can make it as a stock investor. Wake up to the fact that you control your destiny and that you can stop handing all of the control over to the Wall Street maker that could definitely care less about your financial future. This is the initial step-- take complete responsibility for you profits, cost savings and financial investment.
I found out years back from a buddy of mine, Dr. Van Tharp, Ph.D., that if I didn't take full duty for my investing that I would never progress-- I would just break the fragile feedback loop that enables all of us to discover from our mistakes. Any time you blame anybody for a financial error you damage the opportunity to prosper and learn from the circumstance. The basic decision you should make is to deeply, totally, firmly, and finally, say to your self, like this "I am the master of my universe-- I am in control-- Wall Street has no power over my mind" is the key vital change you must make in your thinking.
Stop listening to individuals-- are these meddlesome little bug a bugs in your life that so rapidly nay state your financial investment dreams paying your bills or offering you loan to move ahead-- no so blow them off! In terms of investing end up being an island unto yourself and really thoroughly cultivate relationships with people who actually do understand what they are doing in investing. I began seeking out people who actually understand the markets.
I am commonly recognized as a leading expert in the stock market and particularly at teaching you how to become your neighbor's millionaire next door. I was so unskilled in my early twenties that I might just stand by when a complete service stock broker took $85,000 from my eighty year old grandmother. I saw the nationwide 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 truth that you can make it as a stock investor.