I was so unskilled 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 watched the nationwide stock brokerage safeguard the interests of the full service broker and my granny lost whatever.
The discomfort of this was so extreme that it drove me to finish my Ph.D. in financing-- less than a hundred of us graduate in this degree around the world annually because it is so mathematically hard. My disappointment and anger at the huge rich forces behind Wall Street drove me to end up being a modern master of cash. This is what you have to do-- awaken!!! Awaken to the reality 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 could definitely care less about your financial future. This is the first action-- take full duty for you incomes, savings and financial investment.
I learned years earlier 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 merely break the delicate feedback loop that allows everybody to gain from our mistakes. Whenever you blame anybody for a financial about his error you destroy the opportunity to find out and flourish from the scenario. The simple decision you need to make is to deeply, totally, securely, and lastly, 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 critical change you need to 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 individuals who actually do understand what they are doing in investing. I began seeking out people who really understand the markets.
I am widely acknowledged as a leading specialist in the stock market and specifically at mentor you how to become your next-door neighbor's millionaire next door. I was so inexperienced in my early twenties that I might just stand by when a full service stock broker took $85,000 from my eighty year old grandmother. I saw the nationwide stock brokerage protect the interests of the full service broker and my granny lost whatever.
This is what you have to do-- wake up!!! Wake up to the fact that you can make it as a stock investor.