Investing Archives - New Trader U

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

Building wealth isn’t just about what you invest in. It’s equally about what you avoid. The self-made wealthy have spent years learning which purchases and investments quietly destroy financial progress, and they’ve deliberately removed them from their financial lives. The middle class often believes that wealth is built solely through income. But high-net-worth individuals know […]

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

The 5 Greatest Wealth-Building Lessons That Changed My Life

Investing, Personal Finance, Wealth / Steve Burns

Looking back on my journey from struggling trader to financial independence, I can pinpoint exactly when things changed. It wasn’t a single breakthrough or lucky trade. It was adopting five specific principles that most middle-class earners never learn. These lessons didn’t come from textbooks or financial advisors. They came from years of mistakes, studying successful

The 5 Greatest Wealth-Building Lessons That Changed My Life Read More »

5 Money Rules the Wealthy Follow That the Broke Can’t Even Understand

Investing, Personal Finance, Wealth / Steve Burns

The gap between the wealthy and the broke isn’t just about income. It’s about operating under completely different mental models about how money actually works. The following five principles represent thinking patterns that the wealthy internalize early, that the financially struggling people never quite grasp. The difference isn’t intelligence; it’s perspective. 1. Cash Flow Beats

5 Money Rules the Wealthy Follow That the Broke Can’t Even Understand Read More »

10 Things Broke People Do That The Wealthy Don’t (How To Change Your Behavior And Change Your Life)

Investing, Personal Finance, Wealth / Steve Burns

The difference between financial struggle and building wealth isn’t just about how much money you make. It’s about the daily decisions you make with that money. The behaviors keeping people broke are often invisible, passed down through generations, or reinforced by consumer culture. Self-made wealthy individuals operate from a fundamentally different mindset. They’ve either learned

10 Things Broke People Do That The Wealthy Don’t (How To Change Your Behavior And Change Your Life) Read More »

Average Middle-Class 401(k) Balance by Age (2026 Edition): Are You Behind?

Economics, Investing, Retirement, Wealth / Steve Burns

In 2026, 401(k) balances are expected to rise thanks to higher IRS contribution limits and generally favorable market conditions over the past few years. The challenge with retirement benchmarks is that “average” balances can paint a misleading picture of where typical middle-class savers actually stand. When wealthy investors with million-dollar accounts are factored into the

Average Middle-Class 401(k) Balance by Age (2026 Edition): Are You Behind? Read More »

10 Lessons People Learn Too Late in Life to Become Wealthy

Investing, Personal Finance, Wealth / Steve Burns

Most people spend decades following financial advice that keeps them comfortable but not wealthy. The middle-class playbook focuses on steady paychecks, modest savings, and delayed gratification without ever questioning whether these strategies actually build lasting wealth. The tragic reality is that many discover the fundamental rules of money only after their most powerful asset has

10 Lessons People Learn Too Late in Life to Become Wealthy Read More »

5 Strategies Smart People Use to Multiply Their Wealth

Intelligence, Investing, Personal Finance, Wealth / Steve Burns

The middle class works hard for money. The wealthy make money work hard for them. This fundamental mindset difference separates those who build substantial wealth from those who remain trapped in the cycle of trading time for dollars. The strategies that truly multiply wealth aren’t secrets hidden behind closed doors. They’re simply approaches that require

5 Strategies Smart People Use to Multiply Their Wealth Read More »

The Middle Class vs. the Wealthy: 5 Habits That Create Very Different Financial Outcomes

Investing, Personal Finance, Wealth / Steve Burns

The financial gap between the middle class and the wealthy isn’t primarily about intelligence, inheritance, or luck. It’s about daily habits that compound over decades. While middle-class earners prioritize comfort and stability, wealthy individuals focus on ownership, leverage, and long-term compounding. The difference is evident in how they spend, earn, what they buy, how they

The Middle Class vs. the Wealthy: 5 Habits That Create Very Different Financial Outcomes Read More »

10 Lessons Men Learn Too Late In Life, According to Robert Kiyosaki

Business, Investing, Personal Finance, Wealth / Steve Burns

Robert Kiyosaki’s “Rich Dad Poor Dad” changed how millions of people think about money, work, and wealth. The book contrasts the financial philosophies of his two father figures: his biological father, who struggled financially despite his education, and his best friend’s father, who built substantial wealth without formal credentials. The lessons Kiyosaki learned from these

10 Lessons Men Learn Too Late In Life, According to Robert Kiyosaki Read More »

5 Wealth Destroying Lessons Most People Learn Too Late In Life

Investing, Personal Finance, Wealth / Steve Burns

Most people spend decades making the same financial mistakes before they finally understand what’s holding them back. By the time clarity arrives, compound interest has already worked against them, rather than for them. These aren’t the typical budget tips or savings hacks you’ll find everywhere else. These are the behavioral patterns and strategic errors that

5 Wealth Destroying Lessons Most People Learn Too Late In Life Read More »

5 Assets Wealthy People Own That Poor People Don’t Even Understand

Business, Investing, Wealth / Steve Burns

The middle class obsesses over 401(k) balances and index funds, while the genuinely wealthy build fortunes through asset ownership that most people don’t even recognize as available to them. The fundamental difference isn’t income or luck—it’s understanding what assets actually mean and which ones you can personally control. Poor and middle-class thinking treats assets as

5 Assets Wealthy People Own That Poor People Don’t Even Understand Read More »

7 Reasons the Middle Class Stays Broke While the Upper Class Thrives

Business, Economics, Investing, Personal Finance / Steve Burns

The wealth gap between the middle class and the upper class continues to widen, but the reason isn’t as simple as income differences. Two people earning similar salaries can end up in entirely different financial situations, depending on how they approach and manage their money. The distinction between staying broke and building wealth comes down

7 Reasons the Middle Class Stays Broke While the Upper Class Thrives Read More »

10 Money Rules of the Rich (The Laws of Wealth)

Investing, Personal Finance, Wealth / Steve Burns

Building wealth is rarely about luck. It is a systematic application of principles that the self-made wealthy use to manage their time, mindset, and capital. These “Laws of Wealth” shift the focus from working for money to making money work for you. The following ten money rules represent the core habits and strategies that separate

10 Money Rules of the Rich (The Laws of Wealth) Read More »

Average Middle-Class 401(k) Balance by Age (2026 Edition)

Investing, Personal Finance, Retirement / Steve Burns

The 401(k) has become the retirement workhorse for middle-class Americans. Unlike previous generations who relied on pensions, today’s workers face the full responsibility of funding their own retirement. Understanding where you stand compared to your peers isn’t about comparison for its own sake. It’s about gauging whether your retirement trajectory is sustainable or whether course

Average Middle-Class 401(k) Balance by Age (2026 Edition) Read More »

10 Habits of the Rich Vs the Middle Class (Financial Literacy)

10 Habits of the Rich Vs the Middle Class Due To Financial Literacy

Business, Investing, Personal Finance, Wealth / Steve Burns

The difference between wealth and middle-class financial struggle isn’t about intelligence, work ethic, or income. It’s about consistently applying financial literacy over decades. The wealthy think differently about money because they’ve learned principles most people never encounter. Financial literacy creates a framework for decision-making that compounds over time. While the middle class operates on incorrect

10 Habits of the Rich Vs the Middle Class Due To Financial Literacy Read More »

5 Unspoken Rules Of The Wealthy

Business, Investing, Wealth / Steve Burns

The gap between the wealthy and the middle class isn’t just about money. It’s about fundamentally different mental operating systems for viewing finances, risk, and opportunity. While conventional financial advice focuses on budgeting, saving, and avoiding debt, the wealthy follow a separate playbook that often contradicts everything the middle class has been taught. These unspoken

5 Unspoken Rules Of The Wealthy Read More »

5 Wealth-Destroying Mistakes According to Dave Ramsey

Investing, Personal Finance, Wealth / Steve Burns

Dave Ramsey has built a personal finance empire by telling middle-class Americans what they don’t want to hear. His message cuts against the grain of modern consumer culture, challenging the normalized debt lifestyle that keeps most people trapped in financial mediocrity. While his advice sometimes sparks controversy, his core teachings about wealth-destroying behaviors are backed

5 Wealth-Destroying Mistakes According to Dave Ramsey Read More »

10 Signs You Were Born To Be A Financial Loner (And Why That Builds Wealth)

Investing, Personal Finance, Wealth / Steve Burns

Most people assume wealth building requires networking, social proof, and following popular financial trends. The opposite is true. The most successful investors and self-made millionaires share a common trait: they operate independently from the crowd. Financial loners don’t need validation to make decisions, don’t chase others’ performance, and don’t measure progress by external benchmarks. This

10 Signs You Were Born To Be A Financial Loner (And Why That Builds Wealth) Read More »

Warren Buffett: How To Invest For Beginners (5 Simple Rules)

Investing, Warren Buffett / Steve Burns

Warren Buffett didn’t become one of the world’s wealthiest investors by following complex strategies or chasing hot stock tips. His approach is surprisingly simple, so simple that most people dismiss it as too basic to work. Yet Buffett has consistently outperformed professional money managers for over six decades using principles that any beginner can understand

Warren Buffett: How To Invest For Beginners (5 Simple Rules) Read More »

10 Reasons Middle-Class People Stay Broke According to Dave Ramsey

Investing, Personal Finance / Steve Burns

Dave Ramsey has spent decades teaching financial principles to millions of Americans, and his message consistently challenges the conventional wisdom of middle-class money management. While many people work hard and earn decent incomes, Ramsey notes that financial struggle remains a daily reality for many middle-class households. His teachings identify specific behaviors and mindsets that keep

10 Reasons Middle-Class People Stay Broke According to Dave Ramsey Read More »