Hi Eric & all, Looking for advice here. I bought options of ORCL when at 107.5 (mid January), it went up to 128, but now it's down to 114, RSI below 50 already ... What do you advise to do?

https://www.bloomberg.com/news/articles/2024-03-26/larry-fink-calls-on-boomer-generation-to-fix-retirement-crisis?srnd=homepage-canada Key paragraphs from Bloomberg: BlackRock Inc. Chief Executive Officer Larry Fink warned of a looming “retirement crisis” facing the US and called on baby boomers to help younger generations save enough for their own futures. “They believe my generation – the baby boomers – have focused on their own financial well-being to the detriment of who comes next. And in the case of retirement, they’re right.” Young people “have lost trust in older generations,” Fink wrote. “The burden is on us to get it back. And maybe investing for their long-term goals, including retirement, isn’t such a bad place to begin.” “No one should have to work longer than they want to,” Fink wrote. “But I do think it’s a bit crazy that our anchor idea for the right retirement age – 65 years old – originates from the time of the Ottoman Empire.” “The federal government has prioritized maintaining entitlement benefits for people my age (I’m 71) even though it might mean that Social Security will struggle to meet its full obligations when younger workers retire,” Fink wrote. Fink said BlackRock will announce a series of partnerships and initiatives over the coming months to weigh major questions, including the average age of retirement and how to encourage older Americans to continue working if they want to do so. -------------- What do you think? I will add my comments on it later on. Eric

Most people focus on getting into a stock at the cheapest price. They forget to manage their trades (sometimes even forgetting to exit). Entering into a stock at a good price is only the first step. Trade management helps you reduce your loss and also double your profit. For example: You enter into a portfolio of 10 stocks. Stock A MSFT has gone up 10% Stock B PEP has gone down 10% What should you do? Add onto your winners or add onto your losers? LESSON: ALWAYS ADD ONTO YOUR WINNERS (Especially for long term investing) Reallocate your capital from your losers to winners. (Exit PEP and buy MSFT) This is because you never know when the market may turn around and you know MSFT has momentum now. I've seen many people do the opposite and got burnt (including myself) Cheers, Eric ---- Eric Seto Chartered Professional Accountant (CPA) Chartered Investment Manager (CIM) Founder of 5MinInvesting.com Free webinar - how to get 30%: https://5mininvesting.com/free-case-study/ In March, my goal is to help 20 people without a financial background to master investing. Investing Accelerator is designed for people without a financial background. The goal is to achieve 30% return per year. In the first phase, you will learn long term investing and targeting 30% for tax free compound growth. This will help accelerate your overall wealth. In the second phase, you will learn monthly passive income to provide a more predictable cash flow (target 30% per year) which can cover your expenses. This will help accelerate your retirement goals. If you are interested, then let's hop on a call to see if you can benefit from the strategies in Investing Accelerator and get 30% per year. During the call, we will map out exactly how you can achieve 30%, what you are lacking, how you can improve. If you have any questions about the program, you can ask during the call as well.

Today I sold my MCD options purchased 81 days ago with a return of 40.3%. Poorly timed actions yielded only 2.8%...

Today for the first time ever I have sold shares. After an "expected" rise, I've made about 6.1% in 2 months with a conservative pick: Airbus (AIR SE). Thank you all !