I was so inexperienced in my early twenties that I could only stand by when a full service stock broker took $85,000 from my eighty year old granny. I viewed the nationwide stock brokerage protect the interests of the full service broker and my grandmother lost whatever.
The discomfort 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 around the world every year since it is so mathematically hard. My disappointment and anger at the big rich forces behind Wall Street drove me to end up being a contemporary master of cash. 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 manage 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 financial future. This is the very first action-- take full responsibility for you revenues, savings and investment.
I found out years ago from a friend of mine, Dr. Van Tharp, Ph.D., that if I didn't take full duty for my investing that I would never ever progress-- I would merely break the delicate feedback loop that permits everyone to find out from our mistakes. At any time you blame anyone for a monetary error you ruin the chance to thrive and discover from the situation. The easy choice you must make is to deeply, totally, securely, and lastly, say to your self, "I am the master of my universe-- I remain in control-- Wall Street has no power over my mind" is the crucial critical modification you need to make in your thinking.
Stop listening to people-- are these nosy little bug a bugs in your life that so quickly nay say your investment dreams paying your bills or giving you money to move ahead-- no so blow them off! In terms of investing become an island unto yourself and very thoroughly cultivate relationships with individuals who actually do understand what they are doing in investing. I began seeking out people who really understand the markets.
I am widely acknowledged as a leading specialist in the stock market and specifically at mentor you how to become your next-door neighbor's millionaire next door. I was so unskilled in my early twenties that I could only stand by when a complete service stock broker took $85,000 from additional reading my eighty year old granny. I enjoyed the nationwide stock brokerage protect 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 truth that you can make it as a stock investor.