10 Mental Mistakes That Keep You From Getting Rich

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When it comes to getting rich, who do you think is your greatest enemy?

00:00 - Intro
00:33 - Lifestyle inflation
02:44 - Herd mentality
05:00 - FOMO
07:13 - FUD
09:11 - Short-term thinking
11:25 - The gambler mindset
13:14 - You don’t believe in your potential
14:37 - You are afraid of failure
16:20 - You don’t execute your ideas
17:57 - You never finish anything you start

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Thank you for this wonderful video! I have incurred so much losses trading on my own....I trade well on demo but I think the real market is manipulated.... Can anyone help me out or at least tell me what I'm doing wrong?

gunterstefan
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When you follow the steps below, you attain financial independence.

alexajack
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Summary:
1. Lifestyle Inflation
2. Herd Mentality
3. FOMO ( Fear of Missing Out)
4. FUD( Fear, Uncertainty and Doubt)
5. Short Term Thinking
6. The Gambler Mindset
7. Don't Believe In Your Potential
8. Afraid of Failure
9. You Don't Execute Your Ideas
10. You Never Finish What You Started

itztocaclaire
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Avoid debt. Cut costs. Building wealth is in your mindset, work on that and your financial potentials becomes exponential, develop good habits like regularly putting money away in intervals for investments .The financial market has plenty of opportunities to earn.. I made my first million from passive investing in diverse assets with the help of my adviser Susan Kay Mack..it's been a year of steady growth..

robertthurmond
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_Great video! I've been trading and investing for about 2 years now. As you mentioned, it really is crucial to recalibrate the way we look at certain things in order to remain confident in our trades and investments. It was also pivotal for me when I really realized I was
"crossing my wires" in that I was treating certain stocks that should be day trades like long-term investments, and flipping stocks that I should have been holding as long-term growth investments, lol. Personally, I enjoy both day trading and investing, so I had to learn to identify my specific goals first, then I had to learn to identify which stocks I should only day trade for the time being and which stocks I should hold and build positions with.
Day trading is a lot of fun for me.... Especially with the help of Olivia Maria Lucas She has been instrumental in my trade success, And as you mentioned, investments are our friends!

josephhughes
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This is financial advice and I never give financial advice: DONT LEAVE DURING THE BEAR. If you don't want to invest…..learn. If you don't want to learn... build.
If you don't want to build observe. DO SOMETHING... other than leave. There is so much opportunity here.
Take advantage!

vincentdavid
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Anyone can be rich with the right plan . I only buy quality firms, anticipate to hold them regardless of what happens, pay up but not too much, keep track, sell only when necessary, and be ready to course correct. also ignore the forecasts and market views which are at best entertaining but completely useless. Major thanks to Trisha Jean Webb my F.A.

peejaydandoy
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Stick to your passions don't follow the herd.

DopeTheG
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If you follow the crowd, the only place you reach is exit.

PankajNikam
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This administration putting so many families into difficult situations, I pray for our country, we need compassion for the American people! I appreciate your advices Geneva Bell! Imagine investing $1000 and receiving $10, 350 in 2days.

ameliajoseph
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Making money is an action. Keeping money is behavior. Growing money is knowledge I found out a week ago after earning $14, 500 return on my $3000 investment in 7 days.

jessiespaulding
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*Amazing❤️🙌Being able to provide all my needs without the help of the Government is really a dream come through and I’m getting $50, 000 returns from my 10k investment, Glory to the everlasting God almighty.*

hernandezwright
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La signora Florence è legittima e il suo metodo funziona come per magia, continuo a vincere ogni settimana con la sua nuova strategia.

vicidro
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The Market have been suffering over the past month, with all the three indexes recording losses in recent weeks. My $400, 000 portfolio is down by approximately 20%, any recommendations to scale up my returns before retirement will be highly appreciated.

DiederickWolfgang-xsns
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There's another reason why investing in trends is a bad idea, and this is what kept me from investing in crypto and NTFs during the crypto bubble: The mere fact that an asset is trending automatically means it's overvalued, simply by virtue of everyone buying it and artificially driving up the price.

ianflanders
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I'm favoured, $230K every 4weeks! I can now afford anything and also support God's work and the church.

Tinastmarie
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Don't be afraid to be a minimalist and be frugal for a year or two

that's one of the biggest challenges

EngineerDJ_Julius
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Superb content. Big up from Jamaica. Alux to the world.

christianfray
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You guys have been bringing the heat for weeks!

ryanwells
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My mental mistake was not sticking to my projects which can add up to a lot of profit, then they pile up. I am a clothes designer. Overwhelmed I'd stop and resort to watchingn utube. What put fire under me & shook me 2 the core?? People began telling me key words about my business. Very key and was alerted to these words. They, the words would increase at a fast pace, more and more. And a movie called Eagle Eye, a fast paced movie that got two strangers moving at an excereated pace that kept me on the edge of my seat. One of my words given me was PUSH. That is what Im doing. I see change. I will see profit. Thank you Alux for keeping me grounded. I have money and it no longer burns a hole in my pocket.

victoriaogletree