Everyone is panicking about SPCX going below IPO open price but... The truth is - IPO price is usually inflated. This is when insider cash out and sell. Facebook dropped below its IPO price Uber dropped below its IPO price Airbnb dropped below its IPO price Tesla dropped below its IPO price Investment bankers hype up the IPO, sells it to the public - rinse and repeat That's why generally I do not touch IPO until they have been on the market for 1 year. (which coincidentally matches with how long NASDSAQ 100 and S&P 500 requires a stock to be public first before adding to an index)​​ ​ 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: First, we focus on buying options to buy discounted stocks to multiply our profits for long term gains Second, we focus on selling options to generate interest premium which serves as a more predictable stream of cashflow We use these strategies on blue chip companies like Apple, Microsoft, Visa, Mastercard etc We place 1 trade a week for monthly passive income to smooth out our cashflow This allows us to split the portfolio into 2 parts 1. Low risk low return with index funds or bonds 2. Higher return higher risk cashflow generating option strategy If you are interested, you can schedule a call and ask any questions you have: https://bit.ly/48mJlgR

Becomes compelling after losing about 50% from the peak.

You own any ?

I came across a concept called the Helsinki Bus Station Theory and it resonated with the pschology of investing for me. Here's the idea: every bus leaving Helsinki follows the same route for the first few stops. Then — and only then — the lines diverge. Bus 33 goes north. Bus 19 heads southwest. What looked identical at the start leads to completely different destinations. It was applied it to creative careers. I immediately saw it in investing strategy. 🚌 The early years of your strategy feel identical to everyone else's. Your QQQ and SPY look the same as your neighbour's. Your covered calls feel boring. Your TFSA contributions seem small. 🚌 So you get restless. You hear about something exciting. You hop off the bus and head back to the station to try a new line. - I am so guilty of this! 🚌 But the divergence was coming. You just didn't stay long enough to see it. The investors who build real wealth aren't smarter than you. They just stayed on the bus — the same disciplined, boring, blue chip strategy — long enough for the compounding math to separate them from everyone else. The bus you chose is already heading somewhere great. The question isn't which bus. It's whether you're still on it in year 10. I've had moments where I wanted to jump off. Sticking with the strategy changed everything. What's the hardest part of staying disciplined with your long-term strategy? https://jamesclear.com/stay-on-the-bus

I checked prior discussions on MRK and PFE before posting. We’ve covered both Pfizer and Merck extensively since 2023 across various threads, and a new post in those would likely get buried or lack context. MRK and PFE report earnings this week and next, respectively. Both stocks have been climbing steadily, mirroring gains in XLV (Health Care Select Sector SPDR Fund) and XBI (SPDR S&P Biotech ETF). It seems they’re finally attracting buyers. Both companies face a common challenge: patent expirations. To address this, they’re actively acquiring other firms to bolster their pipelines. I’m looking forward to their earnings reports. Thoughts on their outlook or recent moves?