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.

10 Assets Rich People Own That Poor People Don't

10 Assets Rich People Own That Poor People Don’t

The wealth gap between the affluent and the average person extends far beyond having more money in the bank. High-net-worth individuals typically own diverse assets that generate passive income, appreciate over time, and provide financial security and lifestyle benefits. While some of these assets may seem out of reach for many, understanding what they are […]

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If You Really Want to Build Wealth, Follow These 10 Lessons From Warren Buffett

If You Really Want to Build Wealth, Follow These 10 Lessons From Warren Buffett

Warren Buffett’s path to becoming one of the world’s wealthiest individuals wasn’t paved with complex financial instruments or risky bets. Instead, his success stems from following simple, timeless principles that any investor can apply. Here are ten essential lessons from the Oracle of Omaha that can help guide your wealth-building journey. 1. Protect Your Capital

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People Who Want to Be Rich Should Avoid These Middle-Class Habits

People Who Want to Be Rich Should Avoid These 10 Middle-Class Habits

Building significant wealth often requires breaking free from common financial patterns. While middle-class habits aren’t inherently negative, certain behaviors can create invisible barriers to accumulating wealth. Identifying and shifting these patterns can accelerate your journey toward financial independence and long-term prosperity. Let’s look at ten of the most common middle-class habits that people should avoid

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10 Ways Rich People Build Success While Poor People Build Limits

10 Ways Rich People Build Success While Poor People Build Limits

Success and wealth creation often seem mysterious, as if governed by unwritten rules that some people naturally understand while others struggle to grasp. The reality is that wealthy individuals typically approach life, business, and opportunities in fundamentally different ways than those who remain financially struggling. These differences aren’t just about money management – they reflect

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From Middle Class to Rich 10 Habits That Change 2Everything

From Middle Class to Rich: 10 Habits That Change Everything

The journey from middle class to wealthy isn’t just about luck or inheritance – it’s about developing specific habits that transform your financial trajectory. Recent studies indicate that approximately 9% of Americans have a net worth exceeding $1 million. However, this statistic doesn’t tell the whole story. The path to wealth is accessible to those who master vital behaviors

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If You Really Want To Become Wealthy, Learn These 10 Money Rules

If You Really Want To Become Wealthy, Learn These 10 Money Rules

Have you ever wondered why some people build wealth effortlessly while others struggle to get ahead? Building wealth isn’t about getting lucky or starting with a fortune – it’s about consistently following time-tested principles. The ten rules below have helped countless individuals transform their financial futures, regardless of their starting point. Let’s explore how you

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People with Financial Freedom Goals Should Read These 5 Robert Kiyosaki Books

People with Financial Freedom Goals Should Read These 5 Robert Kiyosaki Books

Many aspire to financial freedom, but few achieve it. It’s not just about having a high income; it’s about understanding how money works and making it work for you. Through his series of books, Robert Kiyosaki has revolutionized how people think about money and wealth creation. His teachings challenge conventional wisdom and provide practical strategies

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People Who Are Middle-Class Millionaires Think Differently In These 10 Ways

People Who Are Middle-Class Millionaires Think Differently In These 10 Ways

The path to building wealth often looks different than many imagine. A surprising reality emerges when examining how self-made middle-class millionaires think about money, success, and their socioeconomic level in the US. Recent studies reveal fascinating insights into the mindset of those who’ve built significant wealth while maintaining middle-class values and perspectives. 1. Why Most

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7 Daily Habits That Destroy Your Ability to Build Wealth Without You Realizing It

7 Daily Habits That Destroy Your Ability to Build Wealth Without You Realizing It

Small daily choices shape our financial future far more than we realize. While focusing on major financial decisions, we often overlook the seemingly innocent habits quietly eroding our wealth-building potential. Let’s explore seven daily habits that might cost you a fortune without noticing. 1. The Costly Convenience of Buying Breakfast On-the-Go That morning rush to

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10 Ways Rich People Use Time vs. How Poor People Waste It

10 Ways Rich People Use Time vs. How Poor People Waste It

Understanding how individuals manage their time provides critical insights into patterns of success and struggle. While many other factors significantly affect economic outcomes, examining time management habits can reveal actionable opportunities for improving your financial trajectory. Let’s explore ten critical distinctions in how time is utilized across the financial spectrum between the wealthy and those

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