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Invest & Retire Community

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3 contributions to Invest & Retire Community
Taylor Swift & Finally getting close to launching my first fund
Taylor Swift said [In order to play the music and sing the song she loves, there's a lot of other work she has to do to get there] This phrase echoed with me as I prepare my first fund over the last 9 months. In essence, a fund is simple. I run machine learning models I place the buy / sell order in the platform. And I love it. But in order to do what I love that through a fund, the amount of legal, regulatory and tax considerations I have to go through stops 99% of the people to start a fund. For a private fund like the one I am starting, the net asset requirement is $2.7 million USD excluding your primary residence. Now, I am merely weeks from starting my fund I got my offering memorandum, subscription package, streamlining the onboarding process. My team sent out invitation to a small group of VIP investors / close contacts Now, I am just waiting to open a brokerage account with either Charles Schwab or Clear Street to start trading If you are interested in checking out my BranchPoint team and what we are offering, here's the website: https://branchpointfunds.com/ If you want to get a copy of the investor package, you can reply this email and I can connect you with my BranchPoint GP team and they can provide you with the access. Cheers, Eric --- Eric Seto Chartered Professional Accountant (CPA) Chartered Investment Manager (CIM) Founder of 5MinInvesting.com Whether or you are retiring with $50K, $100K, $300K or more, it is important to figure out the right strategy for you. For people with lots of capital, they can afford to throw it all into CDs / GICs and earn a low 2-3% return. However, if you are looking to generate cashflow with a few hundred thousand, then you would need to look deeper You need to find a more capital efficient strategy and still achieve your target monthly cashflow (for retirement or simply working less) In Investing Accelerator, you will learn two strategies:
1 like • 13d
Kudos and best wishes!
Growth or Income Group
My wife has a large AAPL position (16% of our total portfolio) that has grown for years. I’ve started her a position in AMZN at a cost basis at $192.97. I’m eying $234 to add shares, as I don’t think we’ll make it back down to the $212 range. Thoughts?
2 likes • 28d
Thanks for the welcome! I did decide to pull the trigger and bought 20 AMZN at $236.15. Today I learned that Amazon Robotics has created robots with touch sensory for warehousing duties. Amazon is a huge conglomerate. I believe the parts are worth much more than the whole. Best wishes to all!
Overall AAPL dragging the market down
After Apple's WWDC, investors aren't too impressed. AAPL stocks got sent down by over -3.5% This dragged the rest of the market down along with semiconductors However, I expect this drop to be rather temporary and we should still expect some bounce back for now.​ Cheers, Eric -- Eric Seto Chartered Professional Accountant (CPA) Chartered Investment Manager (CIM) Founder of 5MinInvesting.com In June, I’m helping 10 people to become better at investing through Investing Accelerator. During the free strategy call, you can discuss which area of analysis you need the most help with (finding discounted stocks vs generating income). In Investing Accelerator, we focus on - Mastering investing even if you don't have a financial background - Step by step mentorship on how to set up your chart and fundamental analysis to find discounted stocks - Mastering options to generate income or multiply long term gains If you are interested in joining Investing Accelerator, you can schedule a free strategy call here to see if you are a good fit. If you are interested, you can schedule a free strategy call here to see if you are a good fit. Schedule a free call Disclaimer: This communication is provided for educational and informational purposes only and does not constitute investment advice, a recommendation, or an offer to invest in any fund or strategy. No advisory relationship is formed by receipt of this content. Any references to strategies or markets are general in nature and do not reflect the performance of any client account or investment product.
2 likes • 29d
Are we expecting to resume the melt up after a correction, or is this one less than a correction?
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Burl Keller
2
10points to level up
@burl-keller-2966
Want to learn trading for retirement in a few years.

Active 13d ago
Joined Dec 27, 2022
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