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.

Don't fall behind-High-income skills worth learning

Don’t Fall Behind: High-income Skills Worth Learning

In today’s competitive landscape, having the right skills can make all the difference between just getting by and thriving. Staying caught up in today’s competitive job market and business world is crucial, where high-income skills are more crucial than ever. Whether you’re an employee looking to climb the corporate ladder, a freelancer aiming to maximize […]

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The Inner Game of Wealth

The Inner Game of Wealth

In the quest for wealth and financial freedom, we often focus solely on tangible strategies and overlook the psychological elements. The inner game is a critical component that complements your investment decisions, trading strategies, and business ventures. The Inner Game of Wealth is a concept that delves into the psychological and emotional factors that influence

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Young Generations Are Now Poorer Than Their Parents And It's Changing Our Economies

Younger Generations Are Now Poorer Than Their Parents And It’s Changing Our Economies

Younger generations today are financially worse off than their parents were at the same age. This stark reversal of generational prosperity is fundamentally changing economies in significant ways. Gone are the days when each successive generation could expect to do better than the last. Instead, today’s youth face declining wages, soaring costs of living, crushing

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9 Shocking Retirement Statistics-People Are In Trouble

9 Shocking Retirement Statistics: People Are In Trouble

Retirement is meant to be a time for relaxation after decades of hard work. But for many Americans, retirement is filled with financial worries after inadequate preparation and financial concerns rather than relaxation. Shocking statistics reveal how unready many people are for their later years after their career ends. Issues like low Social Security payments,

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Warren Buffett_ I Read 5-6 Hours A Day

Warren Buffett: I Read 5-6 Hours A Day

Warren Buffett’s name is synonymous with investing success. The billionaire investor and Berkshire Hathaway CEO has amassed over $115 billion in net worth through savvy deals, investments, and acquisitions. So, how does Buffett consistently make such intelligent financial decisions? His secret is simple – Buffett utilizes an extensive daily reading habit. He spends 5-6 hours

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The Money Rules The Rich Don't Want You to Know

The Money Rules The Rich Don’t Want You To Know (How to Get Rich)

When it comes to money rules and getting rich, there are some guarded secrets that the affluent would rather keep under wraps. While the rich continue to amass wealth through knowledge and strategies often overlooked by the general public, many wonder how to break out of their financial rut. In this article, we’re pulling back

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The BEST Morning Routine To Attack The Day Like A Navy SEAL

The Best Morning Routine To Attack The Day Like A Navy SEAL

Navy SEALs are renowned for their unparalleled mental toughness, discipline, and ability to perform optimally despite extreme adversity. Their rigorous training rituals ingrain habits that prime them for mission success. We can take critical lessons from the Seals’ routines to design an empowering morning ritual that sets us up to crush our daily objectives. The morning

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Rich Couples Vs Broke Couples

Rich Couples Vs Broke Couples

Regarding relationships, money isn’t everything but a big thing. The differences in the dynamics between rich and broke couples extend far beyond the numbers in their bank accounts. These disparities often manifest in behaviors, principles, and financial management strategies that separate the two groups. By understanding these distinctions, you’ll gain valuable insights into what makes

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Why You Are Poor_ The Modern Wage Slavery Cycle

Why You Are Poor: The Modern Wage Slavery Cycle

The modern cycle of wage slavery and perpetual debt is an unseen force that keeps many stuck in financially precarious situations. Despite working long hours at unfulfilling jobs, getting ahead is challenging when wages no longer keep pace with the cost of living. This leads to seeking fulfillment through materialism and consumerism, which only leads

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What it Looks Like Right Before a Depression Starts

This is What it Looks Like Right Before a Depression Starts

Understanding what the economic landscape looks like right before a depression starts can be crucial for both individual investors and businesses. While periods leading up to depression often appear stable or prosperous, numerous underlying indicators can signal a looming economic downturn. This article delves into these critical signs, from inflated stock markets and rising unemployment

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Psychology Revealed-Old Money Behaves Differently In 5 Ways

Psychology Revealed: Old Money Behaves Differently In 5 Ways

The elite world of old-money families operates differently than the rest of us. Their wealth stretches back generations, shaping distinct mindsets and behaviors from the nouveau riche. What exactly makes old money so unique? Old money families operate under a unique psychology compared to the first generation rich. With wealth stretching back generations, established elites

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Rich Dad Vs. Broke Dad

Rich Dad vs. Broke Dad

The terms “rich” and “broke” imply more than just one’s financial situation. They represent opposing mindsets, behaviors, and money and wealth-building philosophies. Examining the core principles of the so-called “rich dad” versus “broke dad” offers insights into shifting towards the abundant, financially free mentality versus remaining trapped in a cycle of financial struggle. You learn

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Quit The Rat Race-What Money Lessons School Failed To Teach Us

Quit The Rat Race: What Money Lessons School Failed To Teach Us

Ready to quit the rat race but feel like you’re missing some crucial information? You’re not alone. Our education system excels at preparing us for traditional roles in the workforce but often needs to improve when it comes to essential money lessons. This knowledge gap can keep people tethered to the 9-5 grind, unable to

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If Nobody Can Afford A Home-Who's Going To Buy Them

If Nobody Can Afford A Home… Who’s Going To Buy Them?

Home affordability has reached crisis levels in the Western world. With property prices soaring and wages stagnant, many people, especially prospective first-time homebuyers, are priced out of the housing market. This dilemma provokes questions about who are the buyers in this market now. This environment creates an unsustainable situation where fewer and fewer people can

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