Archive Category: 10x Profits Archives

Doctors and engineers are notoriously the worst at investing. They’re generally “too smart” for their own good. More to the point, they make the mistake of assuming that high intelligence translates into investing success. Of course, it doesn’t. Doctors tend to be studious overachievers. They’re “book smart,” having spent between 11 and 16 years studying medicine. Once practicing, they have enough disposable income to invest … and they assume the path to investment success is similar to the one that got them their MD — be smart, study hard and just learn how to do it.

Last month, when I reviewed our model’s performance for August, I titled the piece “Even More Profits in the Same Boring Trade.”

We often spend our time discussing “big picture” topics, such as the value of investing with a system, or, as we did last week, the interplay between complex financial markets and simple investment strategies. Today, though, I’d just like to offer some thoughts on the current market conditions. In short, September has been a rough month … but I’m cautiously optimistic that stocks will find solid ground soon and make another push to new highs as we head into year-end.

In 2014, I stood on stage at an investment conference and asked a poignant question of the audience: “Simple or complex?” I further clarified… First, do you think financial markets are simple or complex? Second, are the best investment strategies simple or complex? Today, I ask that you think on and answer those questions for yourself.

Last week, I shared a bit about my brand-new service. We’re launching it next week — I’m so stoked! And since it’s very much a “system,” I’m convinced you’ll love it. I already explained how we make the same two-day trade each week. We get in on Monday afternoon at 2 p.m. … and we’re out 48 hours later, on Wednesday afternoon. It’s a quick trade, for sure!