I was so inexperienced in my early twenties that I could only stand by when a complete service stock broker took $85,000 from my eighty year old granny. I saw the across the country stock brokerage secure the interests of the full service broker and my grandma lost everything.
The pain of this was so extreme that it drove me to finish my Ph.D. in finance-- less than a hundred of us finish in this degree worldwide every year since it is so mathematically challenging. My frustration and anger at the huge abundant forces behind Wall Street drove me to become a modern day master of loan. This is what you have to do-- wake up!!! Awaken to the truth that you can make it as a stock investor. Awaken to the truth that you control your fate and that you can stop handing all of the control over to the Wall Street maker that might absolutely care less about your monetary future. This is the initial step-- take full responsibility for you incomes, savings and financial investment.
I learned 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 vulnerable feedback loop that enables all of us to gain from our errors. Any time you blame anybody for a financial mistake you damage the opportunity to discover and thrive from the circumstance. The basic decision you should make is to deeply, absolutely, firmly, and finally, 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 vital 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 say your investment dreams paying your expenses or providing you cash to move ahead-- no so blow them off! In terms of investing become an island unto yourself and extremely carefully cultivate relationships with people who truly do know what they are doing in investing. I started seeking out individuals who actually comprehend the markets.
I am extensively acknowledged 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 might only stand by when a full service stock broker stole $85,000 from my eighty year old granny. I saw the across view it the country stock brokerage safeguard the interests of the full service broker and my grandmother lost whatever.
This is what you have to do-- wake up!!! Wake up to the truth that you can make it as a stock investor.