I was so inexperienced in my early twenties that I could just stand by when a complete service stock broker stole $85,000 from my eighty year old grandmother. I enjoyed the nationwide stock brokerage safeguard the interests of the full service broker and my grandma 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 finish in this degree worldwide each year due to the fact that it is so mathematically challenging. My aggravation and anger at the huge abundant forces behind Wall Street drove me to become a modern master of cash. This is what you need to do-- wake up!!! Awaken to the fact that you can make it as a stock investor. Awaken to the fact that you control your fate and that you can stop handing all of the control over to the Wall Street maker that could absolutely care less about your monetary future. This is the very first step-- take full obligation for you earnings, savings and financial investment.
I learned years ago from a pal of mine, Dr. Van Tharp, Ph.D., that if I didn't take complete responsibility for my investing that I would never advance-- I would just break the vulnerable feedback loop that allows all of us to gain from our errors. Whenever you blame anyone for a monetary error you ruin the chance to learn and grow from the situation. The basic choice you need to make is to deeply, completely, firmly, and finally, 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 essential vital modification you must make in your thinking.
Stop listening to individuals-- are great post to read these nosy 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 really carefully cultivate relationships with individuals who actually do understand what they are doing in investing. I began seeking out individuals who truly understand the markets.
I am extensively recognized as a website link leading expert in the stock market and specifically at teaching you how to become your next-door neighbor's millionaire next door. I was so inexperienced in my early twenties that I might only stand by when a full service stock broker took $85,000 from my eighty year old granny. I saw the across the country stock brokerage protect the interests of the full service broker and my grandma lost everything.
This is what you have to do-- wake up!!! Wake up to the reality that you can make it as a stock investor.