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 Financial Rules The Middle Class Learn Too Late In Life

10 Financial Rules The Middle Class Learns Too Late In Life

Financial regrets often emerge later in life when the impact of earlier decisions becomes painfully clear. Many middle-class individuals discover crucial financial wisdom after it would have been most beneficial. Understanding the following ten fundamental rules can dramatically alter your financial trajectory and help you secure a more stable future. These insights provide a roadmap […]

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10 Books the Wealthy Say Everyone Should Read Before Starting a Business

10 Books the Wealthy Say Everyone Should Read Before Starting a Business

In the ever-evolving world of business, knowledge is power. Aspiring entrepreneurs can gain invaluable insights from those who have already achieved success. This article explores ten essential books recommended by wealthy individuals for anyone looking to start a business. These books cover various topics, from developing the right mindset to implementing practical business strategies and

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Why Warren Buffett Focuses on Value Instead of Trends

Why Warren Buffett Focuses on Value Instead of Trends

Warren Buffett’s remarkable success as an investor stems from a straightforward yet powerful approach: focusing on value rather than market trends. While many chase the latest hot stocks or market momentum, Buffett has built his fortune by identifying quality businesses trading below their intrinsic value. His investment philosophy, shaped by his mentor Benjamin Graham, treats

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People Who Master Money Follow These 10 Psychology Rules

People Who Master Money Follow These 10 Psychology Rules

Mastering money isn’t just about financial knowledge—it’s about understanding the psychology behind successful money management. People who excel in their finances often follow key psychological principles that shape their decisions and habits. This article will explore ten essential psychology rules that financially successful individuals live by. These insights can help you transform your approach to

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5 Things The Middle Class Must Stop Buying According To Warren Buffett

5 Things The Middle Class Must Stop Buying According To Warren Buffett

Warren Buffett, known as the “Oracle of Omaha,” has built his fortune through savvy investments and frugal living. His financial wisdom extends beyond the boardroom, offering valuable insights for middle-class individuals striving for economic stability. Despite being one of the wealthiest people in the world, with a net worth exceeding $140.8 billion, Buffett lives a

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The Top 10 Wealthiest People In The World (January 2025)

The Top 10 Wealthiest People In The World (January 2025)

In the ever-evolving landscape of global wealth, the wealthiest individuals continue to amass fortunes that boggle the mind. As we enter 2025, the list of the top 10 wealthiest people showcases the dominance of tech moguls and business titans who have shaped our modern world. This article delves into these financial giants’ lives, achievements, and

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5 Investment Habits That Build Real Wealth

5 Investment Habits That Build Real Wealth

Successful investing isn’t about making quick profits or timing the market perfectly. Instead, lasting wealth comes from developing consistent habits that compound over time. The most successful investors understand wealth creation as a gradual process built on sound principles and disciplined execution. Here are five proven investment habits that can help build enduring wealth. They

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How The Self-Made Rich Think Differently Than The Middle Class

12 Ways The Self-Made Rich Think Differently Than The Middle Class

In personal finance, there’s a stark contrast between the mindset and habits of self-made wealthy individuals and those in the middle class. Understanding these differences can provide valuable insights for anyone aspiring to build wealth and achieve financial success. This article explores the key distinctions in thinking and behavior that set the self-made rich apart

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