“The richest Americans got richer during the first two years of the economic recovery while average net worth declined for the other 93% of U.S. Households.
The main reason for the widening wealth gap is that affluent households typically own stocks and OTHER FINANCIAL holdings that increased in value, while the less wealthy tend to have more of their assets in their homes, which haven't rebounded from the plunge in home values.” says an AP report released Tuesday April, 23, 2013
Life is statistical whether we like it or not. We all are but players on the big stage of life. How we learn and educate ourselves about how money is made in America will make THE difference when it comes to our life before retirement and after retirement. Are you really going to depend on someone else to assure you have enough money to retire on?
Despite all our issues as a great democracy we still have in the United States of America the greatest opportunity for financial freedom of any country in the world. The problem, as I see it, there are too few people who believe in themselves. It doesn't take a college degree to learn how to make proper decisions regarding financial matters, although I highly encourage higher educations to those who can afford it, and by afford it I mean without coming out of the college/university experience with huge debts and few prospects for work. Anyone can learn to trade the markets, if they are just willing to dedicate themselves to the educational process.
When I say believe in yourself, what I mean is first understand and believe that great wealth can be obtained and is done everyday by those who have applied themselves to learning. And when it comes to learning why not become educated about finance/trading/money, etc. etc..
If you haven't read this blog from the beginning I encourage you to start at the beginning, for you will see I had a mentor, someone to show me the way, get me started and encourage me. Any pro athlete, no matter how many millions of dollars they are making a year, who understands his or her talent has a coach/mentor/instructor/trainer someone who can bring to the table a fresh approach to the way the Professional does his or her job. Yet when it comes to life few people seek out a coach/mentor to help them become educated in the ways of the world. Mentoring is critical to financial success for 93% of us.
What I'm trying to say is that when it comes to Trading it takes, because it's so difficult a mentor, a coach to help everyone from the beginning to the more astute develop a formula for success.
Once again if you've followed this Blog you know that the only reason I teach Commodity Index Trading is because it's one of the way we, my wife and I, fund our non-profit charitable medical foundation.
I've long been a collector and student of quotes of other successful and inspirational people and I love collecting quotes of all types. Here are a few, with more to come through Facebook.com/Learn2DayTrade, and through Twitter@ecorpimages and Tumber/Learn2DayTrade and on LinkedIn/JayHousley. Click on any and all of them to follow me.
“Luck is the convergence of opportunity, aspiration and agility. “ -unknown
“Change is the price of survival” -Winston Churchill
“Persistence and common sense are more important than intelligence”. - Gary Player
My three courses are one-on-one. I've been doing it for seven years now since I started teaching the Art & Science of Commodity Index Trading. With 39 years in the commodity markets I'm convinced it's all about Education / Knowledge.