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.

5 Sacrifices Self-Made Millionaires Make To Become Wealthy

5 Sacrifices Self-Made Millionaires Make To Become Wealthy

The path to building a seven-figure net worth is rarely paved with lottery tickets or inheritance. Research indicates that approximately 80% of millionaires are self-made, meaning they have built their fortunes through their own efforts and initiative. What separates these wealth builders from everyone else lies not in what they gain, but in what they’re […]

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How AI is Destroying Middle-Class White-Collar Jobs Faster Than Expected

How AI is Destroying Middle-Class White-Collar Jobs Faster Than Expected

The American middle class built its foundation on white-collar work. College degree, corporate job, steady paycheck, retirement plan. That path worked for decades. It’s breaking down right now, and most people aren’t paying attention until they receive the layoff notice. The changes unfolding in 2025 represent a fundamental restructuring of how companies value white-collar labor,

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5 Simple Stoic Habits That Will Make Your Life So Much Better

5 Simple Stoic Habits That Will Make Your Life So Much Better

Most people think Stoicism is about being emotionless or suppressing feelings. That’s completely wrong. Stoicism is about mastering your responses to life’s challenges, so you can build the life you truly want, rather than constantly reacting to whatever chaos comes your way. The ancient Stoics understood something most people miss: you can’t control what happens

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The Top 5 Wealth Destroyers for the Middle Class

The Top 5 Wealth Destroyers for the Middle Class

The gap between the middle class and the wealthy isn’t just about income—it’s about how money is used. While high earners focus on acquiring assets that appreciate, middle-class families often fall into traps that systematically destroy their ability to build wealth. Understanding these five wealth destroyers is the first step toward breaking free from financial

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People with a Stoic Mindset Don’t Waste Time on These 5 Things, According to Stoicism

People with a Stoic Mindset Don’t Waste Time on These 5 Things, According to Stoicism

Stoicism, the ancient philosophy founded in Athens around 300 BCE, has experienced a remarkable resurgence in modern times. From Silicon Valley executives to professional athletes, people are rediscovering the practical wisdom of Marcus Aurelius, Epictetus, and Seneca. At its core, Stoicism teaches us to focus our energy on what we can control while accepting what

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10 Signs You’re Dealing With a Narcissist, According to Psychology

10 Signs You’re Dealing With a Narcissist, According to Psychology

Navigating relationships becomes exponentially more complicated when dealing with someone who has narcissistic traits. Whether it’s a romantic partner, family member, colleague, or friend, recognizing the warning signs can help you protect your mental health and make informed decisions about your relationships. While only a trained professional can diagnose Narcissistic Personality Disorder, understanding these behavioral

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The Real 10 Reasons the Middle-Class Stays Broke and the Rich Get Richer

The Real 10 Reasons the Middle-Class Stays Broke and the Rich Get Richer

The wealth gap in America isn’t just growing—it’s accelerating. While the middle class works harder than ever, the wealthy appear to be multiplying their fortunes effortlessly. This isn’t about moral character or work ethic. It’s about mathematics, economics, and how the financial system structurally favors those who already have capital. 1. The Power Of Compounding

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5 Ways Being Married to a Narcissist Can Destroy Your Ability to Build Wealth

5 Ways Being Married to a Narcissist Can Destroy Your Ability to Build Wealth

Building wealth requires financial discipline, emotional stability, and the freedom to make decisions aligned with your long-term interests. A narcissistic spouse systematically destroys all three. While most people understand that toxic relationships damage mental health, fewer recognize how deeply they sabotage financial security and wealth accumulation. A narcissistic marriage creates a comprehensive system preventing wealth

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The 5 Golden Stoic Rules for Self-Discipline

The 5 Golden Stoic Rules for Self-Discipline

Self-discipline isn’t about willpower alone. It’s about building a mental framework that enables the right choices to become automatic. The ancient Stoics understood this better than anyone. Their secret wasn’t motivation or inspiration—it was a set of practical rules that transformed discipline from a struggle into a way of life. These five Stoic principles cut

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5 Traits That Predict Financial Success for the Middle Class

5 Traits That Predict Financial Success for the Middle Class

Financial success isn’t reserved for people with six-figure salaries or trust funds. Research indicates that middle-class individuals who accumulate substantial wealth exhibit specific behavioral traits that are not attributed to luck or inheritance. These patterns consistently appear across psychology studies, wealth surveys, and decades of financial data. Understanding these traits matters because they’re learnable, measurable,

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10 Deep Stoic Life Lessons Men Learn Too Late In Life (Self Development)

10 Deep Stoic Life Lessons Men Learn Too Late In Life (Self Development)

Time has a way of teaching lessons that wisdom could have delivered decades earlier. For many men, Stoic philosophy only becomes clear after years of unnecessary struggle and wasted energy. These aren’t abstract concepts—they’re practical tools for navigating life’s challenges with clarity and strength. Here are ten profound Stoic insights that could transform your life

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5 Ways to Become Wealthy That No One Taught You In School

5 Ways to Become Wealthy That No One Taught You In School

Traditional education prepares you to be a good employee, but rarely teaches you how to build actual wealth. The school system was designed during the industrial age to create reliable workers, not independent wealth builders. Most people graduate understanding how to earn a paycheck, but not how to make money work for them. The principles

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5 Laziest Ways For Middle-Class People To Become Millionaires

5 Laziest Ways For Middle-Class People To Become Millionaires

Becoming a millionaire doesn’t require an obsessive work ethic, a genius-level IQ, or lucky breaks in cryptocurrency. For middle-class earners, the path to seven-figure wealth is surprisingly straightforward and, frankly, boring. The strategies that reliably create millionaires involve automation, patience, and letting time do the heavy lifting rather than constant hustle. These aren’t get-rich-quick schemes.

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10 Pieces of Life Advice from Marcus Aurelius: Wisdom from a Roman Emperor

10 Pieces of Life Advice from Marcus Aurelius: Wisdom from a Roman Emperor

Marcus Aurelius ruled the Roman Empire from 161 to 180 AD, yet his most enduring legacy isn’t military conquest or political reform. It’s a small notebook of personal reflections he wrote to himself, never intended for publication. These writings, known as Meditations, contain timeless wisdom that speaks directly to the human experience. Nearly two thousand

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5 Things the Wealthy Never Invest In or Buy (Avoid at All Costs)

5 Things the Wealthy Never Invest in or Buy That the Middle Class Needs to Avoid at All Costs

Building wealth isn’t just about what you invest in—it’s equally about what you avoid. The wealthy understand that financial success depends on making smart decisions with every dollar. While most people chase the next big opportunity, millionaires spend equal energy avoiding financial traps that drain wealth over time. These aren’t minor preferences or lifestyle choices.

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5 Habits of Mentally Strong People According to Marcus Aurelius

5 Habits of Mentally Strong People According to Marcus Aurelius

Marcus Aurelius ruled the Roman Empire during one of its most turbulent periods, facing wars, plagues, and constant threats to his authority. Yet he’s celebrated not for his military victories but for the philosophical wisdom he recorded in his private journals. These writings, later published as “Meditations,” reveal the mental habits that helped him maintain

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5 Things To Buy To Be Happier According To Stoicism

5 Things To Buy To Be Happier According To Stoicism

Stoicism might seem like an odd philosophy to consult for shopping advice. After all, the ancient Stoics, such as Marcus Aurelius, Epictetus, and Seneca, repeatedly emphasized that true happiness can’t be purchased. They taught that fulfillment comes from virtue, wisdom, and inner peace—not from accumulating possessions. Yet even the Stoics recognized that some material goods

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Michael Burry's Warning for the 2025 Stock Market Crash

Michael Burry’s Warning for the 2025 Stock Market Crash

The investing world is once again paying close attention to Michael Burry, the legendary investor who famously predicted and profited from the 2008 housing market collapse. His latest portfolio moves, revealed through his quarterly 13F filing, have sent shockwaves through financial markets and raised serious questions about the sustainability of the current AI-driven stock market

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10 Principles of Building Wealth the Middle Class Needs To Study (Eye-Opening)

10 Principles of Building Wealth the Middle Class Needs To Study (Eye-Opening)

Building wealth isn’t reserved for those born into privilege. The middle class has tremendous potential to create lasting financial security, yet many spend decades working without seeing their net worth grow substantially. The difference between those who build wealth and those who don’t comes down to understanding fundamental principles that wealthy individuals have practiced for

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