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 Books Rich People Study That Broke People Have Never Heard Of

10 Books Rich People Study That Broke People Have Never Heard Of

Book Reviews, Books, Wealth /

Knowledge is often the key differentiator in wealth and success. While many aspire to financial prosperity, few know the literary treasures that have shaped the minds of the world’s most affluent individuals.This article delves into ten books that have profoundly influenced the thinking and strategies of wealthy entrepreneurs and billionaires—books that may not be on […]

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5 Things Only the Upper Class Understands About Financial Independence and The Middle Class Does Not

5 Things Only the Upper Class Understands About Financial Independence and The Middle Class Does Not

Financial Independence /

The path to financial independence often looks different depending on your vantage point. While the middle class typically focuses on saving for retirement and maintaining job security, the upper class approaches wealth-building through a distinctly different lens. Understanding these crucial differences can help anyone adapt and apply these powerful principles to their financial journey, regardless

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Broke to Rich 5 Disciplined Patterns That Change Everything

Broke to Rich: 5 Disciplined Patterns That Change Everything

Wealth /

Financial transformation isn’t about luck or inheritance but consistent, disciplined patterns that compound over time. The journey from financial struggle to prosperity follows explicit, repeatable behaviors anyone can adopt. While the path may seem complicated, breaking it down into specific patterns of discipline makes it achievable for anyone willing to commit to change. Let’s explore

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5 Money Lessons From Warren Buffett That Will Change Your Financial Life

5 Money Lessons From Warren Buffett That Will Change Your Financial Life

Personal Finance /

The Oracle of Omaha has spent decades sharing his investment wisdom, yet his most potent lessons extend beyond stock picking into fundamental principles that can transform anyone’s financial future. The insights in this article from Warren Buffett offer a blueprint for building lasting wealth and economic security, regardless of your starting point or current economic

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7 Ways the Upper Class Builds Wealth While the Middle Class Struggles

7 Ways the Upper Class Builds Wealth While the Middle Class Struggles

Wealth /

In today’s economic landscape, the divide between the upper and middle classes continues to widen, with many middle-class families struggling to achieve financial stability. While the wealthy employ sophisticated strategies to build and maintain their wealth, the middle class often finds itself constrained by rising costs and stagnant wages. This article explores seven key methods

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10 Books that Rich Traders Read that New Traders Rarely Open

10 Books that Rich Traders Read that New Traders Rarely Open

Trading, trading books /

In the world of trading and investing, knowledge is power. While many novice traders focus on the latest hot tips or trendy strategies, seasoned professionals often turn to timeless wisdom found in classic trading books. In this article, I’ve listed the top ten most common trading books recommended by rich traders like the late William

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People Who are Middle Class Should Adopt These 7 Wealth-Building Tips

People Who are Middle Class Should Adopt These 7 Wealth-Building Tips

Wealth /

Building wealth isn’t reserved for the rich. Middle-class individuals have unique opportunities to create lasting financial security through strategic planning and consistent action. While the path to wealth may require patience, the following seven proven strategies can help you transform your financial future. 1. Make the Market Work for You The stock market remains one

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If You Really Want to Understand Why Warren Buffett Is so Rich, Read These 10 Books About Him

If You Really Want to Understand Why Warren Buffett Is so Rich, Read These 10 Books About Him

Warren Buffett, Wealth /

Warren Buffett, often called the “Oracle of Omaha,” is among the world’s wealthiest individuals and most successful investors. His journey to amassing a fortune estimated at over $114 billion is a testament to his unique investment philosophy and business acumen. Buffett’s approach to wealth creation is not based on get-rich-quick schemes but on sound principles,

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People Who Aspire to Wealth Must Follow These 5 Rules of Discipline

People Who Aspire to Wealth Must Follow These 5 Rules of Discipline

Wealth /

Actual wealth creation isn’t about luck or inheritance—it’s about unwavering discipline and consistent action. The path to financial success requires more than just earning money; it demands a structured approach and specific rules of conduct that separate the self-made wealthy from those who merely aspire to wealth. Understanding and implementing these rules creates the foundation

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