I was so inexperienced in my early twenties that I could only stand by when a complete service stock broker stole $85,000 from my eighty year old granny. I watched the across the country stock brokerage secure 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 reality that you can make it as a stock financier. Wake up to the reality that you manage your fate and that you can stop handing all of the control over to the Wall Street device that could definitely care less about your monetary future.
I found out years earlier from a pal of mine, Dr. Van Tharp, Ph.D., that if I didn't take full obligation for my investing that I would never progress-- I would simply break the fragile feedback loop that permits everybody to gain from our mistakes. Any time you blame anyone for a financial mistake you destroy the opportunity to flourish and learn from the situation. The easy decision you must make is to deeply, absolutely, strongly, 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 essential critical change you must make in your thinking.
Some people will think that you are big-headed but simply blow them off and laugh all the way to the bank. Stop listening to individuals-- are these nosy little bug a bugs in your life that so rapidly nay state your investment dreams paying your expenses or giving you money to move ahead-- no so blow them off! They just wish to provide you bad advice so that you fall under their same monetary loser traps. In terms of investing become an island unto yourself and extremely carefully cultivate relationships with people who really do understand what they are carrying out in investing. This is precisely what I did. I began looking for people who truly understand the markets. I discovered them gradually and I asked them lots of concerns.
I am widely recognized as a leading professional in the stock market and particularly at teaching you how to become your 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 anchor eighty year old granny. I viewed the nationwide stock brokerage protect the interests of the full service broker and my grandma lost whatever.
This is what you have to do-- wake up!!! Wake up to the reality that you can make it as a stock financier.