I was so inexperienced in my early twenties that I might only stand by when a full service stock broker took $85,000 from my eighty year old grandma. I saw the nationwide stock brokerage secure the interests of the full service broker and my granny 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 every year because 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 fact that you can make it as a stock investor. Awaken to the fact that you control your fate and that you can stop handing all of the control over to the Wall Street device that might absolutely care less about your monetary future. This is the first action-- take complete obligation for you revenues, savings and financial investment.
I discovered years earlier from a buddy 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 simply break the delicate feedback loop that permits all of us to discover from our errors. Any time you blame anyone for a monetary mistake you ruin the chance to grow and learn from the circumstance. The basic decision you should make is to deeply, totally, securely, and lastly, state to your self, "I am the master of my universe-- I remain in control-- Wall Street has no power over my mind" is the key crucial modification you need to make in your thinking.
Stop listening to people-- are these meddlesome little bug a bugs in your life that so rapidly nay state your investment dreams paying your costs or offering you loan 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 truly do understand what they are doing in investing. I began looking for out individuals who really understand the markets.
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