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 viewed the nationwide 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 complete my Ph.D. in finance-- less than a hundred of us finish in this degree around the world annually because it is so mathematically difficult. My frustration and anger at the big rich forces behind Wall Street drove me to become a contemporary master of cash. This is what you have to do-- wake up!!! Wake up to the fact that you can make it as a stock investor. Wake up to the fact that you manage your fate which you can stop handing all of the control over to the Wall Street maker that might definitely care less about your financial future. This is the primary step-- take full duty for you revenues, cost savings and investment.
I learned years ago from a good friend of mine, Dr. blog here Van Tharp, Ph.D., that if I didn't take complete duty for my investing that I would never ever progress-- I would simply break the fragile feedback loop that allows all of us to gain from our errors. Whenever you blame anybody for a financial mistake you destroy the chance to find out and prosper from the situation. The simple choice you need to make is to deeply, completely, securely, and finally, state to your self, "I am the master of my universe-- I remain in control-- Wall Street has no power over my mind" is the essential crucial change you must make in your thinking.
Stop listening to individuals-- are these meddlesome little bug a bugs in your life that so quickly nay state your investment dreams paying your bills or offering you cash to move ahead-- no so blow them off! In terms of investing become an island unto yourself and really carefully cultivate relationships with people who truly do know what they are doing in investing. I began seeking out people who actually comprehend the markets.
I am widely acknowledged as a leading professional in the stock market and particularly at teaching you how to become find more information your next-door neighbor's millionaire next door. 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 granny. I viewed the nationwide stock brokerage secure the interests of the full service broker and my grandmother 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.