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1212 contributions to Invest & Retire Community
What happens when AI starts replacing millions of jobs?
Universal Basic Income (UBI) is becoming a bigger part of the conversation: what if everyone received a guaranteed monthly income to help cover basic living expenses, regardless of employment status? As AI and automation reshape the economy, one big question emerges: if machines generate more wealth while fewer people are needed to work, how should that wealth be shared? Could UBI give people more financial security, freedom, and opportunity? Or would the cost, taxes, and potential impact on inflation create new problems? The future of work is changing. Maybe it's time to rethink how we define financial security. If everyone received a guaranteed monthly income, would you see it as progress or a problem?
3 likes • 11h
To some point, life will not be meaningful if we just receive handouts. Human creature desires to be challenged, rewarded, and happy. We all will evolve to leverage AI in various degrees. Survival of the fittest will prevails. I am hoping there will be more goods than evils coming out of AI revolution.
Why do we wait a week for monthly passive income?
I was chatting with one of my students and he asked - we are waiting a week for monthly passive income because I am bearish right? Yes. That's right. And this got me curious - how important is it to actually predict whether or not next week is bullish or bearish And how much does it impact our win rate for the monthly passive income strategy? I need to know. Being a quant / hedge fund manager / data scientist myself - I need to know EXACTLY how important it is. So - let's do the math In the Investing Accelerator probability calculator, our general rule of thumb is - we only select blue chip stocks where the win rate is greater than 90%. This means there is still a 10% chance of losing money after 30 days to 60 days. But what if we are able to successfully to predict whether or not next week is UP or DOWN? If it is UP, this usually puts our position at a very defensive position and this means we would keep 100% of the profits. If it is DOWN, the premium of the position would increase but it also might reach our strikes before the expiry date. Doo.. doo... doo... doo... (Eric's calculator noise) Just kidding - I am an Excel and programming guy - no calculator on my desk. Back to the win rate. Turns out - IT IS SUPER IMPORTANT. Around 80% of the losses incurred because the next week is going DOWN. 8 out of 10 losses are predicted by next week's bullish or bearishness That means, if we use the monthly passive income strategy and next week is UP, our win rate goes from 90 -> 98%. Obviously, there's an error in prediction. But even if we are able to anticipate half of the bearish week right after we enter, we can improve our success rate from 90 to 95% Combine with the risk management strategy I teach in Investing Accelerator, this makes the monthly passive income strategy even more predictable. So in other words, the weekly coaching calls are important because it helps us avoid losses when we correctly ​​​​​identify next week as bearish (or bullish)
Why do we wait a week for monthly passive income?
1 like • 14h
Thanks for the coaching & elaboration!
Key Events This Week:
1. OPEC Monthly Report - Tuesday 2. September Existing Home Sales data - Tuesday 3. September CPI Inflation data - Wednesday 4. September PPI Inflation data - Thursday 5. Fed Chair Warsh Speaks - Thursday 6. Q3 2026 Earnings Season Begins This Week Earnings season has officially arrived.
2 likes • 14h
Thanks for sharing
5 likes • 3d
Thursday interested EC play: TRV
5 likes • 3d
I noticed bank earning call are scheduled before market. Interesting. Lot of interesting tickets for me this coming week
Monthly Passive Income: Let's wait a week
As I am bearish for next week, let's wait a week for the monthly passive income trades https://www.skool.com/invest-retire-community-1699/classroom/d1ec5e15?md=d8441b5f20de46ba8017a53e2eaec762 Eric
Monthly Passive Income: Let's wait a week
5 likes • 3d
Understand. Thanks.
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Monica Bernard
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Love to learn and explore the possibilities in financial freedom.

Active 35m ago
Joined Nov 8, 2023
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