Don’t Cheat Yourself Out of Your First Million

At last count, there were nearly 10.4 million millionaires living here in the United States.

And 1,700 folks join that club as new members every single day.

Economic experts refer to those achievers as “Thrivers.”

Unfortunately, about 75% of Americans live and work and dream in a category that the Federal Reserve Bank of St. Louis has dubbed “The Strugglers.”

Thrivers are able to save, invest and muscle their way to bigger and bigger piles of wealth (the group will get another 3.1 million members between now and decade’s end, says the Boston Consulting Group).

But strugglers – while no doubt dreaming of better things – scuffle and scrape and barely have enough to get by.

As maudlin as it may sound, that breaks my heart.

There isn’t a person in America who wouldn’t rather be a “Thriver” than a “Struggler.”

But in my three decades as a trader, hedge-fund guy, author and an expert on wealth, I’ve come to a stunning realization – one that I want to share with you here.

The reason more people don’t make that leap, don’t become “Thrivers,” don’t become millionaires – is that they stop themselves from doing so.

You heard me correctly: They talk themselves out of becoming wealthy.

Today I’m going to show you how to wipe away that obstacle – forever.

Let’s take a look…

With This Trade, You’ve Just Started Down the Path Toward Your First Million

My first job right out of college was with Du Pont.  A brand new chemical engineer, I was hired to work at the sprawling Savannah River Site – a location that, among other things, produced weapons-grade plutonium, from naturally occurring uranium.

On my first day, I was introduced to the specific areas where I’d be working – including the aptly named Canyon building.  This monstrosity was an engineering marvel: It was 850 feet long (almost three football fields), and a tour of it and its support buildings took the entire day.

Since it was my first day, I decided to dress the part of a “successful engineer,” wearing my best suit and brand-new shoes.

But it wasn’t the best decision – at least as far as my choice of footwear went.

As part of the facility’s radiation-safety program, I wore a “dosimeter” badge that measured my exposure to nuclear materials. There were also scanner/monitors at the exit from each processing area.

As I left my final tour stop, I set off the monitor alarm.

Or, rather, one of my shoes did.

The protective cover on my right shoe had ripped, and radioactive material had worked its way into the porous leather sole.

In industry terms, my shoe was now “hot.”

And no amount of scrubbing would clean it.

Watching my Ph.D chemist/guide toss my new shoe into the radioactive “waste” bin was an ignominious (and expensive) introduction to the nuclear-power industry. But it also ignited a fascination with nuclear technology that continued throughout my career as an engineer – and that followed me into my next career as a trader, hedge-fund officer and technical-trading specialist.

It’s a fascination that we’re going to profit from, since nuclear technology is the key element of our first trade here to “The 10-Minute Millionaire.”

Let’s take a look…

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