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 enjoyed the across the country stock brokerage safeguard the interests of the complete service broker and my granny lost everything.
The discomfort of this was so extreme that it drove me to complete my Ph.D. in financing-- less than a hundred of us finish in this degree around the world yearly since it is so mathematically hard. My disappointment and anger at the huge abundant forces behind Wall Street drove me to become a modern master of cash. This is what you have to do-- wake up!!! Get up to the truth that you can make it as a stock financier. Wake up to the truth that you control your fate which you can stop handing all of the control over to the Wall Street device that might absolutely care less about your financial future. This is the very first step-- take complete obligation for you revenues, cost savings and financial investment.
I found out 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 merely break the fragile feedback loop that enables everybody to gain from our mistakes. Whenever you blame anyone for a financial mistake you destroy the chance to discover and thrive from the circumstance. The basic choice you need to make is to deeply, completely, strongly, and finally, say 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 important modification you must make in your thinking.
Stop listening to individuals-- are these nosy little bug a bugs in your life that so quickly nay state your financial investment dreams paying your bills or providing you cash to move ahead-- no so blow them off! In terms of investing end up being an island unto yourself and very thoroughly cultivate relationships with people who really do understand what they are doing in investing. I started looking for out people who actually understand the markets.
I am commonly recognized as a leading professional in the stock market and especially at teaching you how to become your neighbor's millionaire next door. I was so inexperienced look at this now in my early twenties that I could just stand by when a full service stock broker took $85,000 from my eighty year old granny. I enjoyed the across the country stock brokerage protect the interests of the full service broker and my granny lost everything.
This is what you have to do-- check that wake up!!! Wake up to the truth that you can make it as a stock financier.