A person will not really advance or become rich if he has a poor mindset in his mind, even if they don't change it. Because you feel like you're not like this, I'm just poor, I don't have the ability, and so on so you can't start acting.
It must start with ourselves that you have a strong burning desire or drive to get out of your situation. Because if you just lie down and wait for what's coming, nothing in your life will ever change. YOU MUST TAKE ACTION NOW...
You make a lot of good points, the main one being that education is critical and putting your money to work requires a learning process where you may lose some money occasionally. As long as you assess and learn from your mistakes, it's a valuable lesson that may even be cost effective. All the best business people have one thing in common, which is a willingness to test, optimize and drop bad ideas until they find a winner. Going in with a lot of knowledge, more than the average person, is going to be your best defense against losing money. Understanding fees that are connected with any services you use can also make a huge difference to your long term returns, paying 2% fees instead of 0.5% fees can add up to tens of thousands of your dollars lost to compounding over long time periods.
Yeah, aside coming from an already wealthy family, one who is trying to change his or her story financially must be ready to scale through a lot of hurdles, it's not always as easy as it seems, making money have to start from the mind, it requires one to think about their present financial situation and feel uncomfortable about it, and not just be willing to do something to change it, but actually get up, leave that comfort zone and do something that can change everything.
And also, be very calculated when taking risks, anybody willing to make money must take some risk, but there are some risk that one could take, and it will turn out as not being smart but the person just being stupid, so in terms of going into investments that are risky, make sure to calculate the risk and make sure the risk level is worth the financial reward if won, for above all today, making money isn't all about working hard, but also being smart.