New Trader U - Page 8 of 471 - Empowering Your Financial Journey

Top 10 Books That Teach How To Build Passive Cash Flow Streams

Best books, Book Reviews, Books, Passive Income / Steve Burns

Building passive income streams has become increasingly crucial for achieving financial independence and creating wealth that works for you. The following ten books provide comprehensive strategies, practical techniques, and proven methods for generating consistent cash flow with minimal ongoing effort. Let’s look at what each one teaches. 1. Multiple Streams of Income by Robert G. […]

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People Who Build Wealth Refuse to Waste Money On These 5 Things

Personal Finance, Wealth / Steve Burns

Building lasting wealth isn’t about earning the highest salary or finding the next big investment opportunity. Instead, it’s about developing disciplined spending habits, prioritizing long-term financial growth over short-term gratification. Wealthy individuals consistently avoid certain expenses that drain their financial resources without providing meaningful returns. Understanding these patterns can help anyone adopt a wealth-building mindset,

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10 Safe White-Collar Middle-Class Careers AI Will Not Replace by 2030

AI, career, Economics, Job / Steve Burns

As artificial intelligence rapidly transforms the modern workplace, millions of professionals face uncertainty about their career futures. While AI excels at processing data and automating routine tasks, specific white-collar careers remain fundamentally resistant to displacement due to their reliance on uniquely human capabilities. These professions demand empathy, complex reasoning, creative problem-solving, and nuanced interpersonal skills

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Warren Buffett: 5 Things Poor People Waste Money On Vs. 5 Things Rich People Invest In

Personal Finance, Warren Buffett, Wealth / Steve Burns

Introduction: Warren Buffett’s Wealth Philosophy “Someone’s sitting in the shade today because someone planted a tree a long time ago.” – Warren Buffett. Warren Buffett, the Oracle of Omaha, built his fortune in his 20s not through high salaries or lucky breaks, but through disciplined financial habits that anyone can adopt. With a net worth

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The 7 Laws of Wealth Rich People Live By (That Broke People Ignore)

Success, Wealth / Steve Burns

Self-made wealth isn’t about luck or inheritance—it’s about understanding and applying fundamental principles that govern financial success. The seven following laws represent time-tested mindsets and behaviors that wealthy individuals consistently practice, while most people either ignore them or misapply them completely. Let’s examine each one. 1. The Law of Abundance: See Unlimited Opportunities Wealthy people

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10 Books That Are Roadmaps For The Middle Class To Become Millionaires

Best books, Book Reviews, Books, Millionaire / Steve Burns

The path from middle-class financial stability to millionaire status isn’t reserved for the exceptionally talented or fortunate. Extensive research and real-world success stories prove that ordinary individuals can build extraordinary wealth through proven strategies, disciplined habits, and the right mindset. The following ten books provide practical roadmaps based on genuine research, successful case studies, and

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Warren Buffett’s Top 5 Side Hustles as a Kid

Warren Buffett / Steve Burns

Warren Buffett’s legendary investment career didn’t begin in the Berkshire boardroom or with significant investments—it started on the sidewalks of Omaha, Nebraska, when he was just six years old. The future “Oracle of Omaha” displayed an entrepreneurial spirit that would eventually make him one of the world’s wealthiest individuals. Still, his journey began with nickels

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5 Steps Middle-Class People Can Take To Climb the Wealth Ladder

career, Personal Finance, Wealth / Steve Burns

Building wealth as a middle-class earner requires more than working hard and saving money. It demands a strategic approach that maximizes your income potential while creating multiple wealth-building opportunities. The path from middle class to financial success isn’t about luck or inheritance—it’s about implementing proven strategies that compound over time. These five steps provide a

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The Best 5 Passive Income Streams, According to Warren Buffett

Passive Income, Warren Buffett / Steve Burns

Warren Buffett once said, “If you don’t find a way to make money while you sleep, you will work until you die.” This philosophy has guided the Oracle of Omaha throughout his legendary career, transforming Berkshire Hathaway into one of the world’s most valuable companies. Buffett’s investment philosophy and documented strategies reveal clear patterns emphasizing

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rich vs poor habits, Robert Kiyosaki financial literacy, wealth building habits

10 Habits of the Rich Vs Poor According to Robert Kiyosaki (Financial Literacy)

Personal Finance, Wealth / Steve Burns

Robert Kiyosaki, author of Rich Dad Poor Dad, has spent decades teaching the principles of financial literacy. His lessons focus on how mindset, habits, and financial education separate those who build lasting wealth from those who struggle financially. The difference isn’t just income—it’s how people think about money, time, risk, and opportunity. Kiyosaki identifies ten

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People Who Want to Be Wealthy Should Remove These 10 Words From Their Vocabulary

Psychology, Success, Wealth / Steve Burns

The words you use daily don’t just facilitate conversation—they actively shape your financial future. Language influences your thoughts, decisions, and ultimately your wealth-building potential. Successful individuals understand that vocabulary reflects and reinforces their mindset about money and opportunity. By examining language patterns of those who struggle financially versus those who thrive, we discover certain words

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10 Books Middle-Class Millionaires Read That Most People Will Never Open

Best books, Book Reviews, Books, Millionaire, Wealth / Steve Burns

The reading habits of the wealthy reveal a fascinating pattern: while most people gravitate toward bestsellers and popular fiction, millionaires consistently choose books that challenge conventional thinking about money, success, and personal development. These aren’t casual beach reads or motivational fluff pieces—they’re dense explorations of financial psychology, entrepreneurial thinking, and wealth-building strategies that require significant

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Warren Buffett’s 10 Minimalist Habits You Can Adopt For Less Stress and More Money

Personal Finance, Warren Buffett, Wealth / Steve Burns

Warren Buffett, one of the world’s most successful investors, built his early fortune not through complexity but through radical simplicity. His minimalist approach to life and business offers valuable lessons for reducing stress while building wealth. His ten minimalist habits demonstrate how eliminating unnecessary complexity can free up mental energy and financial resources for what

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Michael Burry’s Top Current Stock Picks in 2025

Investing / Steve Burns

Michael Burry, best known for predicting the 2008 housing market crash and being featured in The Big Short, continues to attract attention with his highly concentrated and contrarian investment approach. His fund, Scion Asset Management, isn’t known for holding dozens of positions across sectors. Instead, Burry focuses on a small number of high-conviction bets. As

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5 Bad Mindsets Wealthy People Never Waste Time On, According To Psychology

Psychology, Wealth / Steve Burns

Building wealth isn’t just about financial strategies or investment knowledge—it’s fundamentally about mindset. Psychological research reveals that successful individuals share specific thinking patterns while consistently avoiding destructive mental traps. These cognitive habits shape how they approach opportunities, setbacks, and decision-making. Understanding these patterns offers valuable insights into the psychology of financial success and personal growth.

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5 Ways Lower-Middle-Class People Like To Cosplay Looking Rich

Personal Finance / Steve Burns

In today’s social media-driven world, the pressure to appear financially successful has never been more intense. From Instagram feeds showcasing luxury lifestyles to TikTok influencers flaunting designer goods, the constant exposure to wealth performance creates a phenomenon sociologists call “status anxiety.” This leads many lower-middle-class individuals to engage in what can be described as “cosplaying

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Bill Ackman’s Top Current Stock Picks in 2025

Investing, Stock Market / Steve Burns

Bill Ackman, the billionaire investor behind Pershing Square Capital Management, is well known for his concentrated approach to investing. Instead of holding dozens of stocks, he focuses on a small group of high-conviction bets that he believes can generate outsized long-term returns. As of the second quarter of 2025, Ackman’s portfolio consists of just ten

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7 Bad Habits Wealthy People Never Waste Time On, According To Psychology

Habits, Wealth / Steve Burns

Success isn’t just about what wealthy people do—it’s equally about what they deliberately avoid. Psychology research reveals that high achievers consistently sidestep specific time-wasting behaviors that keep others stuck in cycles of financial struggle. These fundamental differences in how financially successful people approach daily life, manage energy, and invest their most precious resource—time—offer valuable insights

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5 Blue Collar Businesses that Turn Middle-Class People into Millionaires

Millionaire, Wealth / Steve Burns

Why Blue Collar Businesses Are the Hidden Path to Wealth The traditional career ladder often leaves middle-class workers trading decades for modest retirement savings. However, skilled trades offer an entirely different trajectory. Blue-collar businesses consistently outperform many white-collar ventures because they address fundamental human needs that can’t be outsourced or automated. While society perpetuates the

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5 Types of Wealth Habits That Will Radically Change Your Financial Life

Habits, Wealth / Steve Burns

Why Wealth Habits Matter More Than Willpower You promise you’ll start investing next month, but when payday arrives, that money mysteriously disappears into dining out and impulse purchases. Sound familiar? The harsh reality is that willpower alone fails most people when building wealth because willpower is a finite resource that depletes throughout the day. Wealthy

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