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.

The 8 Rarest Traits of Wealthy People, According to Psychology

The 8 Rarest Traits of Wealthy People, According to Psychology

Wealth /

Recent psychological research reveals fascinating patterns in how wealthy individuals think and behave. Beyond the standard advice about hard work and persistence, specific cognitive and behavioral traits set them apart. Let’s explore these distinctive characteristics that psychological studies have identified among the financially successful. 1. The Risk-Takers Edge: Calculated Boldness in Action Wealthy individuals possess […]

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10 Things Poor People Stop Doing Once They Reach the Upper Class

10 Things Poor People Do to Pretend to Be Rich

Personal Finance /

In a society driven by status and appearance, pursuing wealth often leads to counterintuitive behaviors. While genuine affluence manifests subtly, those striving to appear wealthy frequently engage in conspicuous displays that achieve the opposite effect, as the intent is to look rich, not necessarily to have a high net worth. This article explores ten common

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5 Wealth-Building Secrets the Upper Class Won't Tell You

5 Wealth-Building Secrets the Upper Class Won’t Tell You

Wealth /

The path to wealth often seems shrouded in mystery, with the upper class appearing to have access to financial strategies that remain hidden from the average person. This article unveils five essential wealth-building secrets the affluent typically keep close to their chest. By understanding and adapting these strategies, you can potentially accelerate your journey to

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10 Warren Buffett's Rules to Help the Middle Class Become Rich

10 Warren Buffett’s Rules to Help the Middle Class Become Rich

Warren Buffett, Wealth /

In a world where financial security often feels out of reach for the middle class, Warren Buffett stands out for his proven wisdom and practical advice. As one of the most successful investors of all time, Buffett has distilled his insights into simple yet powerful rules anyone can follow to build wealth. This article explores

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5 Things That Will Make You Rich- What Poor People Don't Know About Making Money

5 Things That Will Make You Rich: What Poor People Don’t Know About Making Money

Wealth /

Wealth creation is not a mysterious process reserved for the lucky few. It’s a skill that can be learned and mastered by anyone willing to put in the effort and adopt the right mindset. This article will explore five fundamental principles that can set you on the path to financial success, along with insights many

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5 Ways People in the Middle Class Could Become Poor in the Next 5 Years

5 Ways People in the Middle Class Could Become Poor in the Next 5 Years

Economics /

The American middle class faces unprecedented challenges in maintaining its economic status. Recent economic shifts, technological advancements, and global uncertainties have created a perfect storm that threatens the financial stability of millions. A combination of stagnant wages, rising costs, and structural changes in the job market have made the traditional path to middle-class security increasingly

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12 Reasons Why Rich People Get Richer and Poor People Stay Poor

12 Reasons Why Rich People Get Richer and Poor People Stay Poor

Economics, Wealth /

The wealth gap between the rich and poor widens, creating an economic divide that grows more pronounced each year. This phenomenon isn’t merely about initial wealth differences—it’s driven by a complex web of interconnected factors that systematically advantage those with means while creating obstacles for those without. In this analysis, we explore twelve fundamental reasons

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People With These 5 Self-Discipline Habits Create a Wealthier Life

People With These 5 Self-Discipline Habits Create a Wealthier Life

Wealth /

Creating lasting wealth stems from more than smart financial moves—it’s rooted in daily habits of self-discipline that shape both mindset and behavior. The most financially successful individuals consistently practice these five powerful habits, which transform their relationship with money and wealth creation. 1. Master Your Money Through Strategic Financial Planning The fundamental difference between casual

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7 Mentally Strong Habits of Upper-Class People

7 Mentally Strong Habits of Upper-Class People

Success, Wealth /

The path to financial success extends far beyond intelligent investments and business acumen. Research shows that 85% of financial success stems from emotional intelligence, psychological factors, and behavioral patterns. Understanding and adopting these mentally strong habits can significantly impact your journey toward prosperity and personal growth. 1. The Art of Strategic Goal-Setting: Their Secret Weapon

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