How Do I Prepare My Family for Wealth
Team TRADEway • November 4, 2019
Statistics have shown that an estimated 70 percent of lottery winners end up going bankrupt within the first 3 - 5 years. Many people think they would not encounter the same issues if they were to become wealthy. At TRADEway, we don’t support the idea of gambling, but we do support our students in learning how to build wealth. Often times our students want to know how they can prepare themselves and their families for becoming wealthy. There are four main principles that are important to learn before building wealth:
Wealth is a privilege, not a right
Wealth is not something that everyone has a right to. People have the right to pursue it. They have the right to go out and try to gain wealth, but they don't just receive wealth as a right for existing. Because wealth is something people must earn, we should be thankful when we receive that blessing. Deuteronomy tells us that we shall remember our Lord, because it is He that gives us the ability to create wealth. Therefore, anytime we're creating wealth, we should be thinking of Christ.
Wealth has the power to magnify.
If you are a generous person, you have the ability to be more generous when you have wealth, therefore it will amplify the things that are in your heart. Likewise, if you are a greedy person, your greed will be magnified when you have more with which to be greedy. It is important to understand that money doesn't “corrupt” people, it compounds what is already in their hearts. That is why it is important to keep your mind and heart focused on the things of God.
Wealth is fleeting.
Wealth is not always permanent. We see this in the stories of many people in the Bible: Joseph, who had to store up for seven years in order to be prepared for seven years of famine; Job, whose wealth was taken from him, but the Lord brought it back. It comes in seasons; there is an ebb and flow to wealth. We should strive to use our money wisely while we are able.
There is a purpose for wealth.
Money is meant to be used as a means to provide for our family. The Bible tells us that if we have not provided for our family, we have denied the faith and we are worse than an infidel. God takes that very seriously. The Bible also says we are supposed to be risk-takers with our money. That means we should use our money to make more money. As we create a profit, we should then use our money to be joyful givers. We should give it to those who are less fortunate. Another way many people do not realize that money should be used is for fun. Those who are wealthy and using money the way God intended should also enjoy the blessings they have been given.
When you build wealth the proper way and manage it according to Biblical principles, you have the ability to make a lasting impact on your own life and the lives of others.
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By David Mitchell
•
November 24, 2025
The long-term investing industry hasn’t really changed that much in the last 50 years as far as their message goes: ”Don’t worry about bear market crashes, just stay the course…” Many people argue that the average person on the street would be way better off if they just bought the S&P 500 and held it rather than trying to buy and sell individual stocks themselves. Well, that may be absolutely true if you have zero trading skillsets. But if you do have the kind of trading skillsets that TRADEway teaches, then the old line philosophy of buy and hold isn’t the best strategy for you. In today’s episode we’re talking about some common myths that buy-and-hold-ers propagate. Let’s get into this important discussion… 
By David Mitchell
•
November 24, 2025
The long-term investing industry hasn’t really changed that much in the last 50 years as far as their message goes: ”Don’t worry about bear market crashes, just stay the course…” Many people argue that the average person on the street would be way better off if they just bought the S&P 500 and held it rather than trying to buy and sell individual stocks themselves. Well, that may be absolutely true if you have zero trading skillsets. But if you do have the kind of trading skillsets that TRADEway teaches, then the old line philosophy of buy and hold isn’t the best strategy for you. In today’s episode we’re talking about some common myths that buy-and-hold-ers propagate. Let’s get into this important discussion…
By Dave Huber
•
November 10, 2025
We all know that feeling… A trade is going well and you’re feeling elated anticipating taking profits. And then out of seemingly nowhere, it tanks. Man, it’s frustrating! And if this has happened to you–maybe once, maybe many times–just know, you’re not alone. You might be wondering, why did this happen? It turns out there are three common reasons why trades stop working. Once you learn these three reasons it will be easier for you to analyze your past trades and figure out what went wrong. But more importantly, once you learn these three reasons why trades stop working, you’ll be better able to prevent a trade from going south in the first place, because you’ll start to recognize the warning signs. So let’s dive in. Here are three most common reasons why people’s trades stop working.
By Dave Huber
•
November 10, 2025
We all know that feeling… A trade is going well and you’re feeling elated anticipating taking profits. And then out of seemingly nowhere, it tanks. Man, it’s frustrating! And if this has happened to you–maybe once, maybe many times–just know, you’re not alone. You might be wondering, why did this happen? It turns out there are three common reasons why trades stop working. Once you learn these three reasons it will be easier for you to analyze your past trades and figure out what went wrong. But more importantly, once you learn these three reasons why trades stop working, you’ll be better able to prevent a trade from going south in the first place, because you’ll start to recognize the warning signs. So let’s dive in. Here are three most common reasons why people’s trades stop working.
By Dave Huber
•
October 27, 2025
Can you imagine what it would feel like to be steadily improving your trading week after week, month after month? Consistently improving your trading over time isn’t rocket science, but it sure can feel that way–especially if your profits have been inconsistent so far. Today, I’m sharing three simple ideas you can use to improve your trading. If getting to a place where you’re seeing consistent profits is something that’s been on your mind for a while, then be sure to listen to today’s episode all the way through because I think you’ll be surprised at just how simple improving your trading can really be.
By Dave Huber
•
October 27, 2025
Can you imagine what it would feel like to be steadily improving your trading week after week, month after month? Consistently improving your trading over time isn’t rocket science, but it sure can feel that way–especially if your profits have been inconsistent so far. Today, I’m sharing three simple ideas you can use to improve your trading. If getting to a place where you’re seeing consistent profits is something that’s been on your mind for a while, then be sure to listen to today’s episode all the way through because I think you’ll be surprised at just how simple improving your trading can really be.
By Ben Mitchell
•
October 13, 2025
What do you do if you’re excited about learning how to trade in the stock market but your spouse has reservations? Today we’re going to be talking about how to integrate the skill set of trading into the family, and providing some suggestions about how to share your excitement for trading with your spouse. Here at TRADEway we teach families how to take advantage of one of the most dynamic markets in history, the US stock market. But you can’t incorporate something like stock trading into your household unless there is a shared mission between husband and wife. So what do you do if you want to give stock trading a try, but you’re not sure if your spouse is “all in” on it? That’s what we’re going to talk about today.
By Ben Mitchell
•
October 13, 2025
What do you do if you’re excited about learning how to trade in the stock market but your spouse has reservations? Today we’re going to be talking about how to integrate the skill set of trading into the family, and providing some suggestions about how to share your excitement for trading with your spouse. Here at TRADEway we teach families how to take advantage of one of the most dynamic markets in history, the US stock market. But you can’t incorporate something like stock trading into your household unless there is a shared mission between husband and wife. So what do you do if you want to give stock trading a try, but you’re not sure if your spouse is “all in” on it? That’s what we’re going to talk about today.
By Ben Mitchell
•
September 29, 2025
Today we’re going to be talking about three types of traders. Over the past 15+ years we’ve trained a lot of traders through our courses, and more recently our memberships and mentorship programs. And throughout that process we’ve noticed that at the end of the day you can reduce all the various trading styles and personalities into three main groups or types of traders. My hope is by sharing these with you, it will help you identify which group you’re in, and how to advance forward in light of that.
By Ben Mitchell
•
September 29, 2025
Today we’re going to be talking about three types of traders. Over the past 15+ years we’ve trained a lot of traders through our courses, and more recently our memberships and mentorship programs. And throughout that process we’ve noticed that at the end of the day you can reduce all the various trading styles and personalities into three main groups or types of traders. My hope is by sharing these with you, it will help you identify which group you’re in, and how to advance forward in light of that.
By David Mitchell
•
November 24, 2025
The long-term investing industry hasn’t really changed that much in the last 50 years as far as their message goes: ”Don’t worry about bear market crashes, just stay the course…” Many people argue that the average person on the street would be way better off if they just bought the S&P 500 and held it rather than trying to buy and sell individual stocks themselves. Well, that may be absolutely true if you have zero trading skillsets. But if you do have the kind of trading skillsets that TRADEway teaches, then the old line philosophy of buy and hold isn’t the best strategy for you. In today’s episode we’re talking about some common myths that buy-and-hold-ers propagate. Let’s get into this important discussion… 
By David Mitchell
•
November 24, 2025
The long-term investing industry hasn’t really changed that much in the last 50 years as far as their message goes: ”Don’t worry about bear market crashes, just stay the course…” Many people argue that the average person on the street would be way better off if they just bought the S&P 500 and held it rather than trying to buy and sell individual stocks themselves. Well, that may be absolutely true if you have zero trading skillsets. But if you do have the kind of trading skillsets that TRADEway teaches, then the old line philosophy of buy and hold isn’t the best strategy for you. In today’s episode we’re talking about some common myths that buy-and-hold-ers propagate. Let’s get into this important discussion…
By Dave Huber
•
November 10, 2025
We all know that feeling… A trade is going well and you’re feeling elated anticipating taking profits. And then out of seemingly nowhere, it tanks. Man, it’s frustrating! And if this has happened to you–maybe once, maybe many times–just know, you’re not alone. You might be wondering, why did this happen? It turns out there are three common reasons why trades stop working. Once you learn these three reasons it will be easier for you to analyze your past trades and figure out what went wrong. But more importantly, once you learn these three reasons why trades stop working, you’ll be better able to prevent a trade from going south in the first place, because you’ll start to recognize the warning signs. So let’s dive in. Here are three most common reasons why people’s trades stop working.
By Dave Huber
•
November 10, 2025
We all know that feeling… A trade is going well and you’re feeling elated anticipating taking profits. And then out of seemingly nowhere, it tanks. Man, it’s frustrating! And if this has happened to you–maybe once, maybe many times–just know, you’re not alone. You might be wondering, why did this happen? It turns out there are three common reasons why trades stop working. Once you learn these three reasons it will be easier for you to analyze your past trades and figure out what went wrong. But more importantly, once you learn these three reasons why trades stop working, you’ll be better able to prevent a trade from going south in the first place, because you’ll start to recognize the warning signs. So let’s dive in. Here are three most common reasons why people’s trades stop working.
By Dave Huber
•
October 27, 2025
Can you imagine what it would feel like to be steadily improving your trading week after week, month after month? Consistently improving your trading over time isn’t rocket science, but it sure can feel that way–especially if your profits have been inconsistent so far. Today, I’m sharing three simple ideas you can use to improve your trading. If getting to a place where you’re seeing consistent profits is something that’s been on your mind for a while, then be sure to listen to today’s episode all the way through because I think you’ll be surprised at just how simple improving your trading can really be.
By Dave Huber
•
October 27, 2025
Can you imagine what it would feel like to be steadily improving your trading week after week, month after month? Consistently improving your trading over time isn’t rocket science, but it sure can feel that way–especially if your profits have been inconsistent so far. Today, I’m sharing three simple ideas you can use to improve your trading. If getting to a place where you’re seeing consistent profits is something that’s been on your mind for a while, then be sure to listen to today’s episode all the way through because I think you’ll be surprised at just how simple improving your trading can really be.
By Ben Mitchell
•
October 13, 2025
What do you do if you’re excited about learning how to trade in the stock market but your spouse has reservations? Today we’re going to be talking about how to integrate the skill set of trading into the family, and providing some suggestions about how to share your excitement for trading with your spouse. Here at TRADEway we teach families how to take advantage of one of the most dynamic markets in history, the US stock market. But you can’t incorporate something like stock trading into your household unless there is a shared mission between husband and wife. So what do you do if you want to give stock trading a try, but you’re not sure if your spouse is “all in” on it? That’s what we’re going to talk about today.
By Ben Mitchell
•
October 13, 2025
What do you do if you’re excited about learning how to trade in the stock market but your spouse has reservations? Today we’re going to be talking about how to integrate the skill set of trading into the family, and providing some suggestions about how to share your excitement for trading with your spouse. Here at TRADEway we teach families how to take advantage of one of the most dynamic markets in history, the US stock market. But you can’t incorporate something like stock trading into your household unless there is a shared mission between husband and wife. So what do you do if you want to give stock trading a try, but you’re not sure if your spouse is “all in” on it? That’s what we’re going to talk about today.
By Ben Mitchell
•
September 29, 2025
Today we’re going to be talking about three types of traders. Over the past 15+ years we’ve trained a lot of traders through our courses, and more recently our memberships and mentorship programs. And throughout that process we’ve noticed that at the end of the day you can reduce all the various trading styles and personalities into three main groups or types of traders. My hope is by sharing these with you, it will help you identify which group you’re in, and how to advance forward in light of that.
By Ben Mitchell
•
September 29, 2025
Today we’re going to be talking about three types of traders. Over the past 15+ years we’ve trained a lot of traders through our courses, and more recently our memberships and mentorship programs. And throughout that process we’ve noticed that at the end of the day you can reduce all the various trading styles and personalities into three main groups or types of traders. My hope is by sharing these with you, it will help you identify which group you’re in, and how to advance forward in light of that.
By David Mitchell
•
November 24, 2025
The long-term investing industry hasn’t really changed that much in the last 50 years as far as their message goes: ”Don’t worry about bear market crashes, just stay the course…” Many people argue that the average person on the street would be way better off if they just bought the S&P 500 and held it rather than trying to buy and sell individual stocks themselves. Well, that may be absolutely true if you have zero trading skillsets. But if you do have the kind of trading skillsets that TRADEway teaches, then the old line philosophy of buy and hold isn’t the best strategy for you. In today’s episode we’re talking about some common myths that buy-and-hold-ers propagate. Let’s get into this important discussion… 
By David Mitchell
•
November 24, 2025
The long-term investing industry hasn’t really changed that much in the last 50 years as far as their message goes: ”Don’t worry about bear market crashes, just stay the course…” Many people argue that the average person on the street would be way better off if they just bought the S&P 500 and held it rather than trying to buy and sell individual stocks themselves. Well, that may be absolutely true if you have zero trading skillsets. But if you do have the kind of trading skillsets that TRADEway teaches, then the old line philosophy of buy and hold isn’t the best strategy for you. In today’s episode we’re talking about some common myths that buy-and-hold-ers propagate. Let’s get into this important discussion…
By Dave Huber
•
November 10, 2025
We all know that feeling… A trade is going well and you’re feeling elated anticipating taking profits. And then out of seemingly nowhere, it tanks. Man, it’s frustrating! And if this has happened to you–maybe once, maybe many times–just know, you’re not alone. You might be wondering, why did this happen? It turns out there are three common reasons why trades stop working. Once you learn these three reasons it will be easier for you to analyze your past trades and figure out what went wrong. But more importantly, once you learn these three reasons why trades stop working, you’ll be better able to prevent a trade from going south in the first place, because you’ll start to recognize the warning signs. So let’s dive in. Here are three most common reasons why people’s trades stop working.
By Dave Huber
•
November 10, 2025
We all know that feeling… A trade is going well and you’re feeling elated anticipating taking profits. And then out of seemingly nowhere, it tanks. Man, it’s frustrating! And if this has happened to you–maybe once, maybe many times–just know, you’re not alone. You might be wondering, why did this happen? It turns out there are three common reasons why trades stop working. Once you learn these three reasons it will be easier for you to analyze your past trades and figure out what went wrong. But more importantly, once you learn these three reasons why trades stop working, you’ll be better able to prevent a trade from going south in the first place, because you’ll start to recognize the warning signs. So let’s dive in. Here are three most common reasons why people’s trades stop working.
By Dave Huber
•
October 27, 2025
Can you imagine what it would feel like to be steadily improving your trading week after week, month after month? Consistently improving your trading over time isn’t rocket science, but it sure can feel that way–especially if your profits have been inconsistent so far. Today, I’m sharing three simple ideas you can use to improve your trading. If getting to a place where you’re seeing consistent profits is something that’s been on your mind for a while, then be sure to listen to today’s episode all the way through because I think you’ll be surprised at just how simple improving your trading can really be.
By Dave Huber
•
October 27, 2025
Can you imagine what it would feel like to be steadily improving your trading week after week, month after month? Consistently improving your trading over time isn’t rocket science, but it sure can feel that way–especially if your profits have been inconsistent so far. Today, I’m sharing three simple ideas you can use to improve your trading. If getting to a place where you’re seeing consistent profits is something that’s been on your mind for a while, then be sure to listen to today’s episode all the way through because I think you’ll be surprised at just how simple improving your trading can really be.
By Ben Mitchell
•
October 13, 2025
What do you do if you’re excited about learning how to trade in the stock market but your spouse has reservations? Today we’re going to be talking about how to integrate the skill set of trading into the family, and providing some suggestions about how to share your excitement for trading with your spouse. Here at TRADEway we teach families how to take advantage of one of the most dynamic markets in history, the US stock market. But you can’t incorporate something like stock trading into your household unless there is a shared mission between husband and wife. So what do you do if you want to give stock trading a try, but you’re not sure if your spouse is “all in” on it? That’s what we’re going to talk about today.
By Ben Mitchell
•
October 13, 2025
What do you do if you’re excited about learning how to trade in the stock market but your spouse has reservations? Today we’re going to be talking about how to integrate the skill set of trading into the family, and providing some suggestions about how to share your excitement for trading with your spouse. Here at TRADEway we teach families how to take advantage of one of the most dynamic markets in history, the US stock market. But you can’t incorporate something like stock trading into your household unless there is a shared mission between husband and wife. So what do you do if you want to give stock trading a try, but you’re not sure if your spouse is “all in” on it? That’s what we’re going to talk about today.
By Ben Mitchell
•
September 29, 2025
Today we’re going to be talking about three types of traders. Over the past 15+ years we’ve trained a lot of traders through our courses, and more recently our memberships and mentorship programs. And throughout that process we’ve noticed that at the end of the day you can reduce all the various trading styles and personalities into three main groups or types of traders. My hope is by sharing these with you, it will help you identify which group you’re in, and how to advance forward in light of that.
By Ben Mitchell
•
September 29, 2025
Today we’re going to be talking about three types of traders. Over the past 15+ years we’ve trained a lot of traders through our courses, and more recently our memberships and mentorship programs. And throughout that process we’ve noticed that at the end of the day you can reduce all the various trading styles and personalities into three main groups or types of traders. My hope is by sharing these with you, it will help you identify which group you’re in, and how to advance forward in light of that.
By David Mitchell
•
November 24, 2025
The long-term investing industry hasn’t really changed that much in the last 50 years as far as their message goes: ”Don’t worry about bear market crashes, just stay the course…” Many people argue that the average person on the street would be way better off if they just bought the S&P 500 and held it rather than trying to buy and sell individual stocks themselves. Well, that may be absolutely true if you have zero trading skillsets. But if you do have the kind of trading skillsets that TRADEway teaches, then the old line philosophy of buy and hold isn’t the best strategy for you. In today’s episode we’re talking about some common myths that buy-and-hold-ers propagate. Let’s get into this important discussion… 
By David Mitchell
•
November 24, 2025
The long-term investing industry hasn’t really changed that much in the last 50 years as far as their message goes: ”Don’t worry about bear market crashes, just stay the course…” Many people argue that the average person on the street would be way better off if they just bought the S&P 500 and held it rather than trying to buy and sell individual stocks themselves. Well, that may be absolutely true if you have zero trading skillsets. But if you do have the kind of trading skillsets that TRADEway teaches, then the old line philosophy of buy and hold isn’t the best strategy for you. In today’s episode we’re talking about some common myths that buy-and-hold-ers propagate. Let’s get into this important discussion…
By Dave Huber
•
November 10, 2025
We all know that feeling… A trade is going well and you’re feeling elated anticipating taking profits. And then out of seemingly nowhere, it tanks. Man, it’s frustrating! And if this has happened to you–maybe once, maybe many times–just know, you’re not alone. You might be wondering, why did this happen? It turns out there are three common reasons why trades stop working. Once you learn these three reasons it will be easier for you to analyze your past trades and figure out what went wrong. But more importantly, once you learn these three reasons why trades stop working, you’ll be better able to prevent a trade from going south in the first place, because you’ll start to recognize the warning signs. So let’s dive in. Here are three most common reasons why people’s trades stop working.
By Dave Huber
•
November 10, 2025
We all know that feeling… A trade is going well and you’re feeling elated anticipating taking profits. And then out of seemingly nowhere, it tanks. Man, it’s frustrating! And if this has happened to you–maybe once, maybe many times–just know, you’re not alone. You might be wondering, why did this happen? It turns out there are three common reasons why trades stop working. Once you learn these three reasons it will be easier for you to analyze your past trades and figure out what went wrong. But more importantly, once you learn these three reasons why trades stop working, you’ll be better able to prevent a trade from going south in the first place, because you’ll start to recognize the warning signs. So let’s dive in. Here are three most common reasons why people’s trades stop working.
By Dave Huber
•
October 27, 2025
Can you imagine what it would feel like to be steadily improving your trading week after week, month after month? Consistently improving your trading over time isn’t rocket science, but it sure can feel that way–especially if your profits have been inconsistent so far. Today, I’m sharing three simple ideas you can use to improve your trading. If getting to a place where you’re seeing consistent profits is something that’s been on your mind for a while, then be sure to listen to today’s episode all the way through because I think you’ll be surprised at just how simple improving your trading can really be.
By Dave Huber
•
October 27, 2025
Can you imagine what it would feel like to be steadily improving your trading week after week, month after month? Consistently improving your trading over time isn’t rocket science, but it sure can feel that way–especially if your profits have been inconsistent so far. Today, I’m sharing three simple ideas you can use to improve your trading. If getting to a place where you’re seeing consistent profits is something that’s been on your mind for a while, then be sure to listen to today’s episode all the way through because I think you’ll be surprised at just how simple improving your trading can really be.
By Ben Mitchell
•
October 13, 2025
What do you do if you’re excited about learning how to trade in the stock market but your spouse has reservations? Today we’re going to be talking about how to integrate the skill set of trading into the family, and providing some suggestions about how to share your excitement for trading with your spouse. Here at TRADEway we teach families how to take advantage of one of the most dynamic markets in history, the US stock market. But you can’t incorporate something like stock trading into your household unless there is a shared mission between husband and wife. So what do you do if you want to give stock trading a try, but you’re not sure if your spouse is “all in” on it? That’s what we’re going to talk about today.
By Ben Mitchell
•
October 13, 2025
What do you do if you’re excited about learning how to trade in the stock market but your spouse has reservations? Today we’re going to be talking about how to integrate the skill set of trading into the family, and providing some suggestions about how to share your excitement for trading with your spouse. Here at TRADEway we teach families how to take advantage of one of the most dynamic markets in history, the US stock market. But you can’t incorporate something like stock trading into your household unless there is a shared mission between husband and wife. So what do you do if you want to give stock trading a try, but you’re not sure if your spouse is “all in” on it? That’s what we’re going to talk about today.
By Ben Mitchell
•
September 29, 2025
Today we’re going to be talking about three types of traders. Over the past 15+ years we’ve trained a lot of traders through our courses, and more recently our memberships and mentorship programs. And throughout that process we’ve noticed that at the end of the day you can reduce all the various trading styles and personalities into three main groups or types of traders. My hope is by sharing these with you, it will help you identify which group you’re in, and how to advance forward in light of that.
By Ben Mitchell
•
September 29, 2025
Today we’re going to be talking about three types of traders. Over the past 15+ years we’ve trained a lot of traders through our courses, and more recently our memberships and mentorship programs. And throughout that process we’ve noticed that at the end of the day you can reduce all the various trading styles and personalities into three main groups or types of traders. My hope is by sharing these with you, it will help you identify which group you’re in, and how to advance forward in light of that.