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.

3 Traits You Need As A Successful Trader

3 Traits You Need As A Successful Trader

Trading successfully requires certain traits. When examining top traders, essential qualities emerge. Based on insights from the wealthy and successful traders featured in the books by experts like Jack D. Schwager and Michael Covel, this post will cover three indispensable traits for trading excellence: discipline, risk management, and continuous learning. For those seeking trading mastery, […]

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The Fourth Turning Explained

The Fourth Turning Explained in Under 1000 Words: Does History Repeat?

Few theories have garnered as much attention as The Fourth Turning in historical analysis and future predictions. The pattern theory  of “The Fourth Turning” originates from the book “The Fourth Turning: An American Prophecy – What the Cycles of History Tell Us About America’s Next Rendezvous with Destiny.” This book, published in 1997, was co-authored by

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10 Habits to Follow for a Better Work-Life Balance

The Biggest Mistake Young People Make – Robert Kiyosaki

Robert Kiyosaki believes young people’s biggest mistake is focusing too much on doing what they love in their careers rather than investing time and effort into acquiring assets and building wealth. Financial guru Robert Kiyosaki has built an empire by sharing his advice and insights on money, investing, and achieving financial freedom. His renowned book

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What Books Should You Read To Get Smarter- 11 Books You Should Read

What Books Should You Read To Get Smarter? (11 Books You Should Read)

The age-old question often arises in the quest to get smarter and elevate our intellectual horizons: “What books should I read?” With many options available, pinpointing the right reads can be daunting. The journey to intellectual growth often begins with suitable reading material. In this article, I’ve curated a list of 11 books that promise

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Stealth Wealth & Financial Independence_ Why It's Better To Hide Your Wealth

Stealth Wealth & Financial Independence: Why It’s Better To Hide Your Wealth

In the undercover world of stealth wealth and financial independence, a powerful philosophy challenges modern societal norms. While many chase the dream of showcasing their affluence through fame and opulent possessions, many realize the profound benefits of keeping their wealth concealed. This article delves into why hiding wealth can lead to a more fulfilling life,

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The Warren Buffett Portfolio

The Warren Buffett Portfolio: 2 Index Funds to Rule Them All

The Warren Buffett Portfolio is one of the most popular and proven investing strategies for regular investors. With just two low-cost index funds, it provides a straightforward way to build wealth over time. This simple yet powerful approach comes directly from Warren Buffett, one of the greatest investors ever. He recommends putting 90% of your

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Poor vs. Rich Hobbies

Poor vs. Rich Hobbies

When looking at poor versus rich hobbies, there lies information on how socioeconomic status can influence leisure pursuits. While it’s easy to categorize activities based on economic accessibility, the reality is far more nuanced. From the universal appeal of particular pastimes to the democratizing effect of the digital age, hobbies paint a complex picture of

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11 Money Habits Keeping YOU Poor

Habits to Break the Poverty Mindset : (Jim Rohn ) Top 10 Rules

Breaking free from poverty requires developing habits that foster an abundance mentality. This post will explore the top 10 rules recommended by the late personal development icon Jim Rohn for reprogramming your financial thinking. Implementing these powerful habits can help anyone shift from scarcity and lack to prosperity consciousness. Rohn emphasized that these habits of

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rich dad vs poor dad

Rich Dad vs. Poor Dad

The contrasting philosophies of Rich Dad vs. Poor Dad to teach financial literacy have sparked countless discussions and debates. This article draws on Robert Kiyosaki’s seminal work Rich Dad Poor Dad and delves into the core differences between these two figures. As we navigate the intricate maze of money management, understanding the lessons from Rich

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Top 13 books every business owner should read

Top 13 Books Every Business Owner Should Read

The entrepreneurship journey is filled with challenges, opportunities, and continuous learning. To help navigate this path, countless books offer invaluable insights. The intricate world of business ownership can be daunting, but the right resources can make all the difference. Among these resources, books are valuable tools, offering insights, strategies, and inspiration. By reading business books,

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How to Create a 3 Fund Portfolio_ A Beginner's Guide

How to Create a 3 Fund Portfolio: A Beginner’s Guide

Investing can seem complicated, with countless options and strategies to choose from. But a simple 3-fund portfolio may be one of the best places to start for beginner investors looking for a straightforward, low-cost approach. Investing can seem daunting for beginners with so many potential assets to choose from and strategies to research. But starting

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Compound Interest Explained- Why It Is The Secret Ingredient To Becoming Rich

Compound Interest Explained: Why It Is The Secret Ingredient To Becoming Rich

Achieving lasting financial success often requires more than just working hard or saving money. The secret ingredient to building long-term wealth is mastering the power of compound interest. Compound interest allows your money to grow exponentially over time by earning returns on top of returns. While it requires patience and consistency, compounding can turn even

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