Once a year, I put aside a fixed amount of money to invest in my kids. As the time horizon is 20 years, I am not too worried about short-term timing. But ideally, I want to get in at a dip. I have been waiting for a dip for the last 4 months and now the market suddenly dropped last week. ​​ Based on my projection, putting aside $5000-10,000 per year for the first 5 years of the kids' life is enough to cover future tuition costs (and then some - hopefully housing as well). I am putting aside 3 contributions for my first kid and putting aside my 1st contribution for my second kid.​​ So far the return is 30% on the portfolio These are the index funds you can consider: Conservative: ​SPY, QQQ Aggressive: ​SPXL, TQQQ​ I bought using my index fund strategy as an annual lump sum (not DCA quarterly or monthly. But you can do that if you have time). 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 May, 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.

I’m looking to start a trading company soon that can potentially manage your capital and provide a decent return. I value the feedback in this community and wanted to know what works best for you. Which option do you prefer the most? Please vote and let me know! 1. 3-5 year Bond with a fixed 12% interest rate investing in the trading company. So you get 1% interest income monthly. If the company goes IPO one day, it can be converted into shares. The return for a bond is the most certain. 2. Preference shares with a dividend between 12-24% investing in a fund. So you can get 1-2% per month depending on the fund performance. During down months, the return will be closer to 1% per month. The return will fluctuate between 1-2% per month. 3. Managed account - No fixed return but volatile based on the strategy (and market). The fee for such managed account will be 2% per year + 20% of the profit (similar to a typical hedge fund).  The money will not leave your account but this will only be available to Canadian investors (for now). This is also the most volatile option. The goal is to aim for 30% return before fees (likely around 25% after fees). Possible to lose 20%. For #1 and #2, there's no fee as the return is predetermined. For #3, the return can be volatile but the fee is predetermined based on the formula and percentage. If you have any suggestions/alternatives, let me know as well Cheers, Eric

I would like to see other opinions about what is the best strategy when the price of the stock is lower then the strike price at the expiration date. Early April, I sold a put contract for JNJ at 150 on 04/19 for $1 premium without realizing that JNJ has earning day in the same week with the expiration price. The earnings where not so good and the price dropped at 145 on Friday, 04/19. Here were my options: 1. Get the shares assigned at 150 and keep the 100 premium. Start selling CC or wait for the shares to recover and then sell CC 2. Buy back the contact for a 400 loss ((150-145)*100 + 1*100) 3. Roll over to another expiration date and get additional premium I did the third option and I rolled over the contact for same price 150 on May 24 (one month away) for an additional 185 (1.85*100) premium. Even seems a good action (285 premium) the risk is if the stock goes even lower and it might be a big loss. Any other suggestion of what could do to minimize the potential loss?

A few weeks ago, I mentioned you should hold some cash (if it wasn't obvious). For those who did, good job. The market corrected after Powell spoke (every time - sigh). Now, it is a matter of waiting. Yes - you can enter early but should ideally wait for a confirmed signal. ​ (Too many times have I been burnt by unconfirmed signals :) ) 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 April, my goal is to help 10 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. Schedule a call here: https://bit.ly/48mJlgR Remember to go to the Classroom tab for additional investing resources.

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?