The Best Investing Strategy is Worthless Without This…

I hope you all had a wonderful 4th of July with family and friends!

As I was making preparations for my Independence Day spread, I was inspired by a slight mishap I had in the kitchen. And so, I decided to take a stroll into my backyard and use the small creek that runs through it to demonstrate what I feel is the most important aspect of trading and investing…

Having the right mindset.

The psychological side of investing is so very crucial. We could have the best technical strategy ever devised, but without the right mindset for overcoming obstacles, beating our biases, and all the other issues that come with striving to achieve our goals, it could all fall apart.

That is exactly why every week I host the “Millionaire Mindset Podcast” for 10-Minute Millionaire Insider subscribers. We discuss some of the most important ways to have the optimal mindset to put us in position to achieve the financial success we’re striving for. Check out my video below where I explain in greater detail, and if you’d like to learn more about the benefits of being an Insider, please click here.

Why Today’s Flat Open is Actually a Really Good Thing…

Don’t you just love it when an already good thing turns out even better than you expected?

Many people don’t know this, but one of the most significant inventions – one used by countless people on a daily basis – was created completely by accident…

I’m talking about the microwave.

Physicist Percy Spencer worked for the defense contractor Raytheon during World War II, and earned several patents for improvements to radar transmitters for the U.S. military. His work would ultimately help to increase the range and efficacy of U.S. radar installations.

But that’s not the only improvement he made…

During one particular experiment in 1946, in which Spencer was trying to boost power levels of a radar device, he noticed that the peanut cluster bar had melted (some versions of the tale say it was a chocolate bar, but those closest to him will tell you that Spencer always carried a peanut cluster with him because he liked to feed squirrels. This is an important distinction because chocolate melts at a much lower temperature, meaning that being able to melt a peanut cluster with microwaves was much more noteworthy).

The next day, Spencer brought in corn kernels and placed them under the magnetron that projected the microwaves. Sure enough, the kernels popped, and Spencer shared the first-ever microwave popcorn with the entire office.

Thus, the microwave was born.

By 1975, more than 1 million microwaves were sold every year. Spencer’s discovery would prove to be incredibly impactful to the way we cook, even to this day.

In turning our attention to Wall Street, we see another market positive (in the form of the positive G20 Summit outcome) that could end up being even better than we expected

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