What did my grandfather teach me about trading when I was 10 years old?
Keep in mind; I was not trading then, neither was he.
He worked for the railroad.
And I suspect many of you have heard a speech similar to this if you grew up when I did (I’m not so sure about the kids now).
He said, ”You know I’ve had a good life, and I want you to have the same when you grow up. Want to know how?”
After another big bit of ice cream, I shouted “Yes” because I KNEW grandpa had it good… he always had ice cream to give me
He went on to say, “I chalk it up to 4 things. First love God, and follow Him. Second don’t get in debt. Third work hard. Lastly work smart and go open a lemonade stand after you are done with that ice cream.”
That last one is why I’ve been a successful trader all these years.
He taught me two things with that last. First; get into the market. That could be with business or trading, because trading IS a business.
And “do it now”.
Because I did not listen, and the next day wanted ice cream, he said, “Just ran out and I’m not buying anymore, if you opened that lemonade stand like I said you’d have money to buy your own already”.
And my students say I use tough love
So right then I got the game plan from him again (he gave it to me before, but I did not really listen), and that day I made enough money to buy two of my own ice cream cones!
I’ll never forget making my first dime.
Just like I’ll never forget making my first trade.
No one ever retires on time if they:
Get a lot of debt
Don’t work hard
Don’t work smart
No wonder 90-95% of Americans are not on track to retire on time.
If that’s you, don’t feel bad IF you get started now.
But if you keep doing what you’ve been doing, guess what… you’ll get the same results.
If your parents or grandparents taught you a great lesson that you want to share with my subscribers let me know below.
Helping you retire on time,
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