I was so unskilled in my early twenties that I might only stand by when a complete service stock broker took $85,000 from my eighty year old grandmother. I saw the across the country stock brokerage secure the interests of the full service broker and my grandma lost everything.
The discomfort of this was so intense that it drove me to finish my Ph.D. in financing-- less than a hundred of us finish in this degree worldwide each year since it is so mathematically tough. My frustration and anger at the huge rich forces behind Wall Street drove me to become a modern master of money. This is what you need to do-- wake up!!! Get up to the reality that you can make it as a stock financier. Awaken to the reality that you control your destiny which you can stop handing all of the control over to the Wall Street machine that could absolutely care less about your financial future. This is the first action-- take complete responsibility for you revenues, savings and investment.
I found out years back from a friend of mine, Dr. Van Tharp, Ph.D., that if I didn't take complete responsibility for my investing that I would never ever progress-- I would just break the fragile feedback loop that allows everyone to gain from our errors. At any time you blame anyone for a financial error you destroy the opportunity to discover and prosper from the situation. The simple decision you need to make is to deeply, completely, firmly, and lastly, state to your self, "I am the master great site of my universe-- I am in control-- Wall Street has no power over my mind" is the essential crucial modification you must make in your thinking.
Stop listening to people-- helpful resources are these nosy little bug a bugs in your life that so quickly nay say your financial investment dreams paying your expenses or giving you cash 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 really do understand what they are doing in investing. I began seeking out individuals who actually understand the markets.
I am extensively recognized as a leading expert in the stock market and especially 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 just stand by when a full service stock broker stole $85,000 from my eighty year old grandmother. I saw the nationwide stock brokerage secure 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.