Author name: Steve Burns

After a lifelong fascination with financial markets, Steve began investing in 1993 and trading his accounts in 1995. It was love at first trade. After more than 30 successful years in the markets, Steve now dedicates his time to helping traders improve their psychology and profitability. New Trader U offers an extensive blog resource with more than 4,000 original articles, online courses, and best-selling books covering various topics.

10 Hard Rules Of Wealth Building

10 Hard Rules of Wealth Building the Middle Class Needs to Learn

The difference between people who build lasting wealth and those who stay financially stuck isn’t luck or inheritance. It’s adherence to non-negotiable principles that almost every self-made millionaire follows. These aren’t motivational platitudes. They’re complex rules that create the mathematical inevitability of wealth accumulation. Most people fail because they violate multiple core principles simultaneously. These […]

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5 Stoic Morning Habits That Can Change Your Life

5 Stoic Morning Habits That Can Change Your Life

The ancient Stoics understood something modern productivity culture often misses: how you begin your day determines how you navigate it. These philosophers didn’t just theorize about living well; they practiced specific morning rituals that strengthened their minds and prepared them for whatever challenges lay ahead. The morning habits they developed thousands of years ago remain

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10 Life Lessons Men Learn Too Late In Life According to Carl Jung

10 Life Lessons Men Learn Too Late in Life, According to Carl Jung

Carl Jung understood something most men spend decades avoiding: the path to becoming whole requires facing what you’ve been running from. His insights into the masculine psyche reveal uncomfortable truths about why so many men reach midlife feeling lost, disconnected, or unfulfilled. These aren’t abstract psychological theories—they’re patterns Jung observed repeatedly in the lives of

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The Key to Building Wealth is Investing in These 5 Asset Classes

The Key to Building Wealth is Investing in These 5 Asset Classes

If you study the people who consistently build wealth—quiet millionaires, disciplined savers, and long-term investors—they almost always allocate their money across the same five asset classes. These aren’t flashy or complicated. They’re simply the assets with the strongest track records of growth, cash flow, and capital preservation. Most middle-class investors make a critical mistake: they

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5 Money Principles The Middle Class Misunderstand (Financial Literacy Guide))

5 Money Principles The Middle Class Misunderstand (Financial Literacy Guide)

Financial literacy isn’t just about budgeting or saving a percentage of your paycheck. It’s about understanding the fundamental principles that separate those who build lasting wealth from those who work hard but never achieve financial success. The middle class often operates under financial assumptions that feel logical but quietly undermine long-term prosperity. These misconceptions aren’t

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5 Stoic Habits That Make People Gain Respect For You

5 Stoic Habits That Make People Gain Respect For You

Respect isn’t demanded. It’s earned through consistent behavior that signals strength, reliability, and character. The Stoics understood this centuries ago, and their philosophy offers a blueprint for gaining respect without ever having to ask for it. The following five Stoic habits aren’t flashy tactics or manipulation strategies. They’re quiet habits that speak louder than words

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10 Life Lessons From Warren Buffett’s Last Annual Berkshire Letter

10 Life Lessons From Warren Buffett’s Last Annual Berkshire Letter

Warren Buffett shocked the investment world with his November 2025 announcement that he would no longer write Berkshire Hathaway’s annual report or speak at the annual meeting. As the British would say, he’s “going quiet.” At 95 years old, the Oracle of Omaha delivered what may be his final comprehensive message to shareholders, and it

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10 Principles the Middle Class Can Use for Building Wealth (Eye-opening)

10 Principles the Middle Class Can Use for Building Wealth (Eye-opening)

The middle class approaches money with principles designed to keep them exactly where they are. Conventional wisdom about saving, diversification, and safety may sound reasonable, but it often leads to decades of financial stagnation. Wealthy individuals operate by a different set of rules—not because they’re greedy, but because they understand how money actually multiplies. These

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5 Must-Have Stoic Habits for Modern Men

5 Must-Have Stoic Habits for Modern Men

The ancient Stoics built mental frameworks that turned ordinary men into unshakeable leaders. Two thousand years later, those same principles cut through modern noise like nothing else. These aren’t abstract philosophical concepts—they’re practical daily habits that rewire how you process stress, make decisions, and show up in the world. You can’t control the economy, your

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5 Middle-Class Behaviors That Scream “I’m Pretending to Be Wealthy”

5 Middle-Class Behaviors That Scream “I’m Pretending to Be Wealthy”

The desire to appear financially successful runs deep in almost every culture. For many middle-class individuals, the temptation to signal wealth becomes overwhelming, leading to behaviors that reveal exactly what they’re trying to hide. While truly wealthy individuals often live below their means and focus on building assets, those pretending to be wealthy tend to

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How to Remain Calm in Any Situation: 5 Stoic Principles

How to Remain Calm in Any Situation: 5 Stoic Principles

Life has a way of testing our composure. Whether facing financial pressure, relationship challenges, or unexpected setbacks, the ability to maintain calm under stress separates those who thrive from those who merely survive. The ancient Stoics understood this truth deeply, developing practical principles that remain remarkably relevant today. Stoicism isn’t about suppressing emotions or becoming

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How To Be Unshakeable in Every Situation: Miyamoto Musashi Life Lesson Quotes

How To Be Unshakeable in Every Situation: Miyamoto Musashi’s 5 Life Lesson Quotes

Miyamoto Musashi was a legendary Japanese swordsman who remained undefeated in over 60 duels throughout his lifetime. Born in the late 16th century, he transformed from a wandering warrior into one of history’s most profound philosophers on strategy, discipline, and mental fortitude. His masterwork, “The Book of Five Rings,” has guided military leaders, business executives,

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People Who Build Wealth Make These 5 Asymmetric Investments

People Who Build Wealth Make These 5 Asymmetric Investments

The difference between building wealth and staying financially stagnant often comes down to one critical concept: asymmetric investments. While most people focus on symmetric exchanges, where what you spend equals what you get, wealthy individuals seek opportunities where the potential upside dramatically outweighs the downside risk. An asymmetric investment is any opportunity where you risk

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5 Things The Middle Class Must Stop Investing In According To Dave Ramsey

5 Things The Middle Class Must Stop Investing In According To Dave Ramsey

When it comes to building wealth, financial guru Dave Ramsey has never been one to mince words. His straightforward approach to money management has helped millions of middle-class Americans escape debt and build financial security. However, Ramsey is equally clear about what people should avoid. While the middle class often looks for investment opportunities to

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10 Stoic Habits of Highly Intelligent People

10 Stoic Habits of Highly Intelligent People

Intelligence isn’t just about processing information faster or knowing more facts. The most intelligent people share something deeper: they’ve mastered the ancient art of thinking clearly under pressure. Stoic philosophy, refined over 2,000 years by thinkers like Marcus Aurelius, Epictetus, and Seneca, offers a proven framework for mental excellence. These aren’t abstract theories—they’re practical habits

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10 Samurai Life Rules For How To Be Mentally Strong, According to Miyamoto Musashi

10 Samurai Life Rules For How To Be Mentally Strong, According to Miyamoto Musashi

Miyamoto Musashi spent his life mastering the sword, winning over sixty duels before the age of thirty, and eventually wrote “The Book of Five Rings” as a guide to strategy and mental fortitude. His insights weren’t just about combat—they were about developing the kind of mental strength that carries you through any challenge life throws

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5 Sacrifices the Middle Class Must Make To Become Wealthy

5 Sacrifices the Middle Class Must Make To Become Wealthy

The difference between the middle class and the wealthy isn’t access to information or opportunity—both groups can read the same books, take the same courses, and invest in the same markets. The real divide is psychological. While the middle class optimizes for comfort, validation, and certainty, wealth-builders willingly endure discomfort in exchange for financial independence.

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5 Pieces Of Stoic Wisdom That Could Change Your Life

5 Pieces Of Stoic Wisdom That Could Change Your Life

The Stoics weren’t philosophers debating abstract ideas—they were practitioners who tested their principles in real life. Marcus Aurelius ruled an empire. Epictetus survived being enslaved. Seneca navigated Nero’s court. What they left behind was a practical operating system for handling whatever life throws at you. Here are five core Stoic principles that can transform your

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Michael Burry's 12 Failed Bets on Market Crashes Over the Past 8 Years

Michael Burry’s 12 Failed Bets on Market Crashes Over the Past 8 Years

Michael Burry, the investor immortalized in the film The Big Short for his correct predictive wager against the housing market leading up to the 2008 financial crisis, has built a reputation as a contrarian genius. His ability to spot systemic risks earned him hundreds of millions and turned him into a folk hero among those

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10 Stoic Principles To Build Self Discipline: Marcus Aurelius

10 Stoic Principles To Build Self Discipline: Marcus Aurelius

Self-discipline separates those who achieve their goals from those who merely dream about them. While modern self-help culture offers countless strategies for building willpower, the ancient Stoic philosophers discovered timeless principles that remain remarkably effective today. Marcus Aurelius, the Roman Emperor who ruled from 161 to 180 AD, stands as one of history’s most potent

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