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.

Why AI Won’t Take Your Middle-Class Job: Someone Using AI Will

Why AI Won’t Take Your Middle-Class Job: Someone Using AI Will

“AI won’t take your job. Someone using AI will.” – Economist Richard Baldwin. 1. The Real Threat Isn’t AI—It’s Your AI-Savvy Coworker The phrase “AI won’t take your job, someone using AI will” captures a fundamental truth about how artificial intelligence reshapes the workplace. Rather than wholesale replacement of human workers, we’re witnessing a transformation

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People Who Build A 7-Figure Net Worth Have These 7 Wealth Habits in Common

People Who Build A 7-Figure Net Worth Have These 7 Wealth Habits in Common

Building a seven-figure net worth isn’t just about earning a high income—it’s about developing specific financial habits. Research into self-made millionaire households reveals that many achieve financial independence through disciplined behaviors rather than windfalls or inheritance. Anyone committed to long-term financial success can learn and implement these wealth-building habits. People who build a 7-figure net

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5 Reasons People Who Read Books Live Longer, According to Yale University

5 Reasons People Who Read Books Live Longer, According to Yale University

If you’re looking for a simple way to add years to your life, the answer might be sitting on your bookshelf. A groundbreaking study from Yale University revealed that book readers live significantly longer than non-readers—almost two full years longer, to be exact. This 2016 research, published in the Journal of Social Science & Medicine,

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5 Reasons Why the Poor Stay Poor and the Middle Class Doesn’t Become Rich

5 Reasons Why the Poor Stay Poor and the Middle Class Doesn’t Become Rich

Understanding why economic mobility remains elusive for many requires examining the intricate web of factors that keep people trapped in their current financial circumstances. While individual effort plays a role, systemic barriers and structural inequalities create persistent challenges that make upward mobility increasingly difficult. These obstacles affect the poor and middle class, though often in

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10 Signs That You Will Become Wealthy One Day

10 Signs That You Will Become Wealthy One Day

Building wealth isn’t luck or inheritance. For 80% of self-made millionaires—it’s about developing specific habits and mindsets that compound over time. While there’s no guaranteed formula for financial success, specific behavioral patterns consistently appear among those who accumulate significant wealth. If you recognize the following ten signs in yourself, you’re likely on the right path

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10 Steps to Master Self-Discipline for Wealth Creation

10 Steps to Master Self-Discipline for Wealth Creation

Self-discipline is the cornerstone of financial success. Studies consistently show that individuals who delay gratification and maintain consistent habits are more likely to build wealth over time, regardless of their starting income. The ability to make focused decisions, resist impulsive spending, and persist through financial challenges separates those who achieve their wealth goals from those

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5 Books That Will Make You Smarter Than Most College Graduates

5 Books That Will Make You Smarter Than Most College Graduates

In an era of skyrocketing tuition costs and debates about the practical value of higher education, a compelling alternative path exists to intellectual development. These five carefully selected books offer frameworks, mental models, and thinking approaches that many four-year degree programs fail to deliver. Each volume transcends traditional academic boundaries, providing integrated wisdom that can

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Warren Buffett’s Buying Advice for the Middle Class: What to Spend Money On to Be Happy

Warren Buffett’s Buying Advice for the Middle Class: What to Spend Money On to Be Happy

Warren Buffett, one of history’s most successful investors, still lives in the same Omaha house he purchased in 1958 for $31,500. His extraordinary wealth and personal frugality make his financial wisdom uniquely valuable for the middle class. While Buffett’s advice can help average earners, his principles on money and happiness apply universally. He even took

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