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.

7 Frugal Living Tips That Work- Warren Buffett's Money-Saving Habits

7 Frugal Living Tips That Work: Warren Buffett’s Money-Saving Habits

Personal Finance /

Warren Buffett, one of the world’s most successful investors, is renowned for his financial acumen and frugal lifestyle. Despite his immense wealth, Buffett’s money-saving habits offer valuable lessons for anyone looking to improve their financial health. Let’s explore seven essential frugal living tips inspired by the Oracle of Omaha himself. 1. Live Modestly: The Power […]

7 Frugal Living Tips That Work: Warren Buffett’s Money-Saving Habits Read More »

10 Things To Buy To Be Happier- According To Science

10 Things To Buy To Be Happier: According To Science

Psychology /

In our quest for happiness, we often overlook the power of strategic purchases. While money can’t buy happiness directly, science suggests that certain investments can significantly boost our well-being. Let’s explore ten scientifically-backed purchases that can enhance our happiness and overall quality of life. 1. Experiential Purchases Research consistently shows that spending money on experiences

10 Things To Buy To Be Happier: According To Science Read More »

World's Simplest 2-Fund Portfolio- VTSAX + VBTLX + Cash

World’s Simplest 2-Fund Portfolio: VTSAX + VBTLX + Cash

Investing /

In the complex world of investing, simplicity can be a powerful strategy. The 2-Fund Portfolio, consisting of VTSAX, VBTLX, and cash, offers a straightforward approach to building wealth over time. This article will explore this uncomplicated investment strategy, its components, benefits, and considerations. Understanding the 2-Fund Portfolio Concept The 2-Fund Portfolio is rooted in the

World’s Simplest 2-Fund Portfolio: VTSAX + VBTLX + Cash Read More »

8 Middle Class Habits That Keep You Poor

8 Middle Class Habits That Keep You Poor

Personal Finance /

Many middle-class individuals struggle to build wealth and achieve financial stability in today’s economy. Despite earning decent incomes, certain habits can sabotage their efforts to get ahead financially. This article explores eight common behaviors that often keep middle-class people from reaching their full financial potential and offers practical advice on how to break free from

8 Middle Class Habits That Keep You Poor Read More »

Charlie Munger Said He 'Wouldn't Be so Rich' if Others 'Weren't so Often Wrong': 5 Deadly Investing Mistakes to Avoid

Charlie Munger Said He ‘Wouldn’t Be so Rich’ if Others ‘Weren’t so Often Wrong’: 5 Deadly Investing Mistakes to Avoid

Investing, Wealth /

Charlie Munger, the late investment sage and long-time partner of Warren Buffett, was renowned for his sharp intellect and candid insights into the world of finance. During a 2015 Berkshire Hathaway annual shareholder meeting, Munger made a statement that encapsulates much of his investment philosophy: “Warren, if people weren’t so often wrong, we wouldn’t be

Charlie Munger Said He ‘Wouldn’t Be so Rich’ if Others ‘Weren’t so Often Wrong’: 5 Deadly Investing Mistakes to Avoid Read More »

The (Overdue) Collapse Of Short Term Rentals

The Very Overdue Collapse Of Short Term Rentals Has Started

Real Estate /

In recent years, the short-term rental market has experienced a meteoric rise followed by a sudden and dramatic downturn. This article explores the factors contributing to what many are calling the overdue collapse of short-term rentals, with a particular focus on industry leader Airbnb. The Rise of Airbnb: From Air Mattresses to $100 Billion Industry

The Very Overdue Collapse Of Short Term Rentals Has Started Read More »

Minimum Annual Income Needed To Qualify As Middle Class In Mississippi 2024

Minimum Annual Income Needed To Qualify As Middle Class In Mississippi 2024

Economics /

In today’s ever-changing economic landscape, understanding what it means to be “middle class” is crucial, especially when considering the unique economic situation of individual states. This article delves into the specifics of what a middle-class income is in Mississippi for 2024, exploring how it compares to national averages and what it truly means for residents

Minimum Annual Income Needed To Qualify As Middle Class In Mississippi 2024 Read More »

Housing Affordability- Over 75% of Homes Too Expensive for Middle Class

Housing Affordability: Why Over 75% of Homes Are Too Expensive for Middle Class

Economics, Housing, Housing Market, Real Estate /

The American dream of homeownership is becoming increasingly elusive for middle-class families across the United States. A startling new statistic reveals that, according to a recent report from the National Association of Realtors and Realtor.com, over 75% of homes on the market are now too expensive for middle-income buyers. This highlights a growing crisis in

Housing Affordability: Why Over 75% of Homes Are Too Expensive for Middle Class Read More »