I was so inexperienced in my early twenties that I might just stand by when a complete service stock broker took $85,000 from my eighty year old granny. I viewed the across the country stock brokerage safeguard the interests of the complete service broker and my grandma lost whatever.
The discomfort 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 around the world every year since it is so mathematically tough. My aggravation and anger at the big rich forces behind Wall Street drove me to become a contemporary master of cash. This is what you need to do-- get up!!! Awaken to the truth that you can make it as a stock investor. Wake up to the reality that you control your destiny which you can stop handing all of the control over to the Wall Street device that could absolutely care less about your monetary future. This is the very first step-- take complete obligation for you earnings, cost savings and investment.
I found out years back from a good friend of mine, Dr. Van Tharp, Ph.D., that if I didn't take complete responsibility for my investing that I would never ever advance-- I would just break the fragile feedback loop that enables all of us to gain from our mistakes. Whenever you blame anybody for a financial error you destroy the chance to thrive and discover from the scenario. The easy choice you must make is to deeply, completely, strongly, and finally, say to your my explanation self, "I am the master of my universe-- I remain in control-- Wall Street has no power over my mind" is the key vital modification you must make in your thinking.
Stop listening to people-- are 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 very carefully cultivate relationships with people who really do understand what they are doing in investing. I began looking for out people who really understand the markets.
I am widely recognized as a leading specialist in the stock market and specifically at teaching you how to become your next-door neighbor's millionaire next door. I was so unskilled 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 saw the nationwide stock brokerage protect the interests of the complete 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.