Personal Finance and Investment

I am generally recognized as a top expert in the stock market and particularly at teaching people how to develop into their neighbour’s millionaire round the corner. I didn’t start off as skilful and clued-up as I am now. When I began, I knew almost nothing. In my early twenties my experience was so poor that all I could do is to stand by watching a full-time stock broker stealing $90,000 from my 75 year old grandmother. I witnessed the nationwide stock brokerage defend the interests of that broker, while my grandma lost all she had.

The pain of this drama was so acute that it provoked me to pursue my Ph.D. in finance - not more than a 100 of students graduate in finance worldwide each year, as the subject is extremely difficult in terms of math. Frustration and anger I had at the huge rich power behind Wall Street spurred me to become a contemporary master of money. And that’s what you also need to do - wake up!!! Awaken to the belief that you can become a stock investor. Believe that you are in control of your destiny and that it’s in your power to stop delegating all the control to the Wall Street system, which couldn’t care less to provide for your financial future. Taking full responsibility for your investment, earnings and savings is the first step to your financial welfare.

Many years ago I learned from my friend, an expert in finance, that if I didn’t take complete responsibility for all my investment choices, then I would never make progress - I would merely interrupt the delicate feedback loop that gives all of us an opportunity to learn from our mistakes. Every time you accuse someone else of a financial mistake, you obliterate an opportunity to learn a lesson and benefit from the situation. The straightforward move you should make is to genuinely and firmly say to yourself: “I am the master of my life and I am in charge of everything - Wall Street is not in command of my mind”. This is the most crucial change you must make to your way of thinking.

Some of your acquaintances may think that you are big-headed. Never mind - just ignore them and laugh all the way to the bank! Don’t listen to everything people say - are these noisy little bugs in your life, who so quickly nay say your investment plans, paying off your bills or funding you to move ahead?! If not, then blow them off! They are just giving you a poor advice to make you fall into the same loser traps as they once did. In terms of investing become your own consultant and carefully build up relationships with people who indeed know how to do investing successfully. That is precisely what I have done. I began to look for people who really knew the market. With time I found them and I asked them many, many questions. That’s how my career of stock investor has begun.