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 saw the across the country stock brokerage safeguard the interests of the full service broker and my grandmother lost everything.
This is what you have to do-- wake up!!! Wake up to the fact that you can make it as a stock financier. Wake up to the fact that you manage your destiny and that you can stop handing all of the control over to the Wall Street maker that could definitely care less about your financial future.
I found out 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 fragile feedback loop that enables all of us to gain from our errors. Any time you blame anyone for a financial error you destroy the chance to find out and flourish from the scenario. The basic decision you should make is to deeply, absolutely, firmly, and finally, 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 important modification you should make in your thinking.
Some people will think that you are big-headed however simply blow them off and laugh all the way to the bank. Stop listening to people-- are these nosy little bug a bugs in your life that so rapidly a knockout post nay state your investment dreams paying your bills or giving you money to continue-- no so blow them off! They just wish to provide you bad recommendations so that you fall into their exact same monetary loser traps. In terms of investing become an island unto yourself and extremely thoroughly cultivate relationships with individuals who really do understand what they are doing in investing. This is precisely what I did. I began looking for people who actually understand the markets. I found them over time and I inquired great deals of concerns.
I am commonly 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 inexperienced in my early twenties that I might just 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 safeguard 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 financier.