I also graduated from Fort Lewis College in 2015 with a degree in Psychology.

Once you clear the psychological hurdle of the fear of losing money you will be ready to proceed.

Investing is psychological as much as financial, so it's about how much control you need to feel.

You can buy anyone's books, systems, blah, blah, blah, and none of it matters if you don't understand the psychological principles of success.I plan on getting into teaching people to master that aspect down the line.

@Brian Reichardt you have some interesting psychology going on with your numbers.

There is something psychologically that happens when you hand them X amount of dollars (typically, my bird dogs make $3k easily per deal(another tip, pay them more than the next guy) and they know you're legit, they're loyal to the person who pays them and again, nothing is cooler than having them walk away with cash in their pocket)So, there ya have it. ;)

For a HML or private lender, should the deal go bad, a 1040 or W2 isn't going to mitigate your risk although it may have provided a little psychological balm initially.  

In the book the Psychology of Money they define the cost of success.

With 3 years of psychology under my belt I noticed that people seem to need a break or start tuning out after an hour.

(Doctorate of Psychology).