I was so inexperienced in my early twenties that I might only stand by when a complete service stock broker took $85,000 from my eighty year old granny. I saw the nationwide stock brokerage protect the interests of the complete service broker and my grandmother lost everything.
The pain of this was so intense 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 tough. My disappointment and anger at the big rich forces behind Wall Street drove me to become a modern-day day master of cash. This is what you need to do-- get up!!! Get up to the reality that you can make it as a stock financier. Awaken to the reality that you manage your destiny which you can stop handing all of the control over to the Wall Street maker that might absolutely care less about your financial future. This is the initial step-- take full responsibility for you profits, cost savings and investment.
I found out years back from a buddy of mine, Dr. Van Tharp, Ph.D., that if I didn't take full obligation for my investing that I would never advance-- I would merely break the fragile feedback loop that permits everybody to gain from our mistakes. Whenever you blame anyone for a financial error you damage the opportunity to discover and thrive from the situation. The easy choice you need to make is to deeply, totally, strongly, 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 change you must make his comment is here in your thinking.
Stop listening to individuals-- are these meddlesome little bug a bugs in your life that so quickly nay state your investment dreams paying your costs or giving you loan to move ahead-- no so blow them off! In terms of investing become an island unto yourself and really carefully cultivate relationships with people who really do understand what they are doing in investing. I began seeking out people who actually comprehend the markets.
I am widely recognized as a leading specialist in the stock market and especially at teaching you how to become your neighbor's millionaire next door. I was so inexperienced in my early twenties that I might only stand by when a full service stock broker stole $85,000 from my eighty year old grandmother. I viewed the across the country stock brokerage secure the interests of the complete service broker and my granny lost everything.
This is what you have to do-- wake up!!! Wake up to the fact that you can make it as a stock investor.