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New Trader U

Empowering Your Financial Journey

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how much do i need to retire

How Much Do I Need To Retire? Answered

Financial Freedom, Financial Independence / Steve Burns

Popular thinking about retirement is that people work hard for 40 years at their job and then in their mid sixties they can finally stop working and enjoy the remainder of their life thanks to some type of combination of Social Security, retirement account funds, and if they were lucky a defined pension plan. People […]

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mark cuban net worth

Current Mark Cuban Net Worth

Wealth / Steve Burns

The current Mark Cuban net worth as of November 2019 is $4.1 billion.  Mark Cuban is listed as the #179th richest person in the United States on the Forbes 400 list. He is also ranked at #478 for the richest person in the world on the Forbes billionaire list.  While a college student in the

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Warren Buffett House

Current Warren Buffett House

Real Estate, Warren Buffett, Wealth / Steve Burns

What house does Warren Buffett currently live in? Warren Buffett still lives in the house he bought for $31,500 in 1958. Inflation adjusted to 2019 dollars it cost him $280,500 in 1958 buying power. His home is located in a wealthy neighborhood in Omaha, Nebraska. It’s now worth an estimated $915,000 based on comparative houses

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how to calculate net worth

The Current Richest Man In The World

Wealth / Steve Burns

After two years at the number two spot the majority of the time, on Friday November 15, 2019, Bill Gates retook the top spot as the current richest man in the world from Jeff Bezos.  The catalyst for this switching of the two top spots happened primarily due to Microsoft being awarded the Pentagon’s $10

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SPY Chart

Current Chart Patterns On $SPY $QQQ $IWM

Chart Reading / Steve Burns

This is a Guest Post by Jake @TrendSpider.  In this weekend’s analysis, we take a look at the broad market ETF’s as the market continued to grind up to create new “All-Time Highs”. We take a look at SPY, QQQ, and IWM while using Multi-timeframe analysis, Raindrop Charts(TM), automated settings, and more! Don’t miss this weekend’s

Current Chart Patterns On $SPY $QQQ $IWM Read More »

Amazon stock price history

Amazon Stock Price History

Market History, Stock Market / Steve Burns

Amazon was taken public in 1997 with an initial public offer (IPO) that priced its stock at $18 per share. Amazon’s first stock split was in June of 1998 with a 2 for 1 split with the amount of outstanding shares doubling in count and halving in price. Then another split happened just months later, this was

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Traders reality

The Benefits Of Taking Time Off From Trading

Trading Psychology / Steve Burns

This is a guest post from Tino @tradersreality. This article originally appeared on tradersreality.com and is reposted here with permission. It has been a while since I last made a post. So much has been happening, Most of my time was taken completing my book which got released not so long ago. During this time I was not

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How To Do Multiple Time Frame Analysis

Trading / Steve Burns

This is a Guest Post by: Colibri Trader @priceinaction As traders begin the journey, they will be hit with a multitude of different trading strategies, mantras, and methodologies. However, there are some things that do tend to hold true regardless of the trader or system, and multiple time frame analysis is most certainly one of them.  

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donald trump net worth

Current Donald Trump Net Worth

Uncategorized, Wealth / Steve Burns

Donald Trump has said several times that his net worth is around $10 billion or more. The average of the top three estimates, put his net worth closer to $3.5 billion, other sources think it could be lower.  As of 11/14/2019 Forbes estimated Trump’s net worth at $3.1 billion (715th in the world, 275th in the U.S.) in its billionaires

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Warren Buffett Investing System

Current Berkshire Hathaway Holdings

Stock Market, Stocks, Wealth / Steve Burns

Berkshire Hathaway is the publicly traded corporate conglomerate that Warren Buffett built as a holding company for his investment portfolio of stocks and for the companies he acquired in full. It gets more difficult for him to continue to find companies that are big enough to be meaningful to his portfolio and Berkshire due to

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states with no income tax

Current States With No Income Tax

Personal Finance, Taxes / Steve Burns

In 2018 taxpayers could no longer deduct more than $10,000 of total state and local taxes.  One of the biggest expenses ordinary people have that they think little about is taxes. For many, taxes is the single biggest expense that they pay if all taxes are added up. The more you consume the more you are taxed on the sales of

Current States With No Income Tax Read More »

Best Dividend Paying Stocks

10 High Dividend Stocks

Income Investing, Stock Market / Steve Burns

Here are ten of the most well known companies that currently have some of the best dividend paying stocks. Buying a well known company listed on a major exchange adds more of a safety margin with high yielding stocks. Adding an income producing stock position to an investment portfolio can add diversification. These are not

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what is a call option

What Is A Call Option?

options / Steve Burns

A call option is a contract that is created by an option trader selling to open a financial contract that gives the buyer of the call option the right to buy a stock or commodity at a set price before a specific expiration date. The asset that the option price value is written on is

What Is A Call Option? Read More »

Amazon Stock Price Trend

Current Amazon Stock Price Trend

Uncategorized / Steve Burns

10 facts about the Amazon chart: Current resistance is the 200 day simple moving average. Amazon price failed at the 200 day SMA on the last three attempts to break out.  The 250 day simple moving average has held as support since price back over it on October 14th. The dynamics of short term resistance

Current Amazon Stock Price Trend Read More »

Multiple Time frame Analysis

Key Resistance On The Charts: $SPY $QQQ $IWM

Chart Reading / Steve Burns

This is a Guest Post by Jake @TrendSpider.  In this weekend’s analysis, we take a look at the broad market ETF’s as the bulls took full control at the end of the week. We take a look at SPY, QQQ, and IWM while using Multi-timeframe analysis, Raindrop Charts(TM), automated settings, and more! Don’t miss this weekend’s

Key Resistance On The Charts: $SPY $QQQ $IWM Read More »

Michael Bloomberg Net Worth

Current Michael Bloomberg Net Worth

Wealth / Steve Burns

Michael Bloomberg’s net worth is currently $52.4 billion as of November 2019. He is currently the 17th richest person in the world and the 11th richest person in the USA. How did he create his personal wealth? Bloomberg started his financial career at Salomon Brothers, before founding his own company in 1981 that bears his name

Current Michael Bloomberg Net Worth Read More »

how to calculate net worth

Top 20 Current Richest People in the World

Wealth / Steve Burns

Here is the list of the top twenty current richest people in the world as of November 2019. In looking at this list it is clear that founding or building a business while keeping ownership of a large amount of the equity in the company is the path to generational wealth. Nothing creates leverage like building

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Current Mark Zuckerburg Net Worth

Current Mark Zuckerberg Net Worth Explained

Wealth / Steve Burns

Mark Zuckerberg currently has a net worth of $71.6 billion and is the fifth richest person in the world according to Forbes. His wealth was created by his personal ownership stake in the company Facebook that he built.  Mark Zuckerberg founded TheFacebook in his Harvard University dorm room on February 4th 2004 and lead its growth

Current Mark Zuckerberg Net Worth Explained Read More »

current Bill Gates Net Worth

Current Bill Gates Net Worth Explained

Stock Market, Wealth / Steve Burns

Bill Gates has built a net worth of approximately $105.7 billion as of November 2019 making him the second richest person in the world currently after Jeff Bezos according to Forbes.  Bill Gates started Microsoft with Paul Allen in 1975 in Albuquerque, New Mexico; it grew to become the largest software company in the world supplying personal computer

Current Bill Gates Net Worth Explained Read More »

Jeff Bezos Net Worth

Current Jeff Bezos Net Worth Explained

Stock Market, Wealth / Steve Burns

Jeff Bezos’ current net worth is estimated to be approximately $112 billion as of November 2019 which makes him currently the richest person in the world. Due to his success as Amazon founder and CEO Jeff Bezos has been the second person in history to build a personal fortune of over $100 billion as an

Current Jeff Bezos Net Worth Explained Read More »

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