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 Simple Wealth Habits That Will Make You So Much Richer

10 Simple Wealth Habits That Will Make You So Much Richer

Habits, Wealth /

Building wealth isn’t just for the financially gifted—it results from consistent habits practiced over time. Research from Thomas Stanley and William Danko, authors of “The Millionaire Next Door,” reveals that most millionaires aren’t lavish spenders with extraordinary incomes but ordinary people who follow specific financial practices consistently. The difference between financial struggle and freedom often […]

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Warren Buffett: Top 5 Passive Income Cash Flow Assets for 2025

Warren Buffett: Top 5 Passive Income Cash Flow Assets for 2025

Investing, Passive Income, Warren Buffett /

Warren Buffett, one of the world’s most successful investors, has built his wealth through strategic investments and a keen understanding of passive income streams. At the helm of Berkshire Hathaway, Buffett has consistently demonstrated a preference for generating passive income by investing in high-quality businesses that produce consistent cash flows. His investment philosophy and portfolio

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10 Books That Will Make You Smarter

10 Books That Will Make You Smarter

Book Reviews, Books, Intelligence /

In today’s fast-paced world, where information is abundant and easily accessible, pursuing knowledge and wisdom remains a cornerstone of personal and professional development. Reading books that challenge our perspectives, enhance our understanding of the world, and provide practical insights can be a transformative experience. This article explores ten influential books across various disciplines that have

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10 Books Rich People Read That Middle-Class People Never Open

10 Books Rich People Read That Middle-Class People Never Open

Best books, Book Reviews, Books, Wealth /

Certain books have become staples in the libraries of wealthy individuals who seek continual financial success and business skills. These texts, often overlooked by middle-class readers, offer insights into strategic decision-making, innovative entrepreneurship, and disciplined investment strategies. These books, which combine the wisdom of renowned investors like Warren Buffett and Charles T. Munger with the

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5 Things To Buy To Be Happier, According To Warren Buffett

5 Things To Buy To Be Happier, According To Warren Buffett

Personal Finance, Warren Buffett /

Warren Buffett stands as a fascinating contradiction in a world obsessed with material possessions and status symbols. With a net worth exceeding $160 billion, the “Oracle of Omaha” could afford virtually anything, yet he chooses a lifestyle that prioritizes simplicity, meaning, and genuine contentment. Despite his extraordinary wealth, Buffett’s approach to happiness isn’t about accumulating

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People Who Never Move Forward With Wealth Building Usually Display These 10 Patterns of Behavior

People Who Never Move Forward With Wealth Building Usually Display These 10 Patterns of Behavior

Personal Finance, Wealth /

Financial success doesn’t happen by accident. Our daily habits and mindsets profoundly impact our financial trajectory. Understanding the behaviors that hinder financial progress is the first step toward changing them. By recognizing these patterns in ourselves, we can make meaningful changes to our financial behaviors. Let’s explore the ten common patterns that often prevent people

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The Best Book Recommendations To Get Rich

The Best Book Recommendations To Get Rich

Best books, Book Reviews, Books, Wealth /

In today’s fast-paced entrepreneurial landscape, building wealth goes beyond hard work—it involves learning from those who have navigated the challenging path before you. This article highlights the top ten advanced books that not only offer cutting-edge strategies for success but have also earned high praise through reviews, testimonials, and strong sales records. Whether launching a

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What Net Worth Puts You in the Upper, Middle, & Lower Class in 2025

What Net Worth Puts You in the Upper, Middle, & Lower Class in 2025?

Economics, Wealth /

Understanding social classes based on net worth is crucial for understanding where you are in today’s complex economic landscape. Net worth, which reflects the total value of assets minus liabilities, significantly defines your financial status. This article explores how net worth categorizes individuals into the lower, middle, and upper classes, highlighting each group’s financial challenges

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Warren Buffett: 7 Things Poor People Waste Money on Due to a Lack of Financial Education

Warren Buffett: 7 Things Poor People Waste Money on Due to a Lack of Financial Education

Personal Finance, Warren Buffett /

Warren Buffett, often called the “Oracle of Omaha,” has amassed a fortune through disciplined investing and sound financial principles. Despite being one of the wealthiest people in the world, he continues to live in the same house he purchased in 1958 for $31,500 and maintains modest spending habits. His financial wisdom isn’t just for billionaires—it

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