My wife will be giving birth soon. So I will be slower in terms of responding in the community. As we welcome a new member into our family, ​it is good to consider the plan for the next 20 years, especially university tuition. ​I expect the tuition cost will increase by at least 2-10x in the next 20 years (due to inflation and competition). This is why I plan to invest early when the child is between 0-5 to cover the university tuition when the child is 18. ​Based on my calculation, if I can put away $10,000 per year for the first 5 years of the child's life, it will take care of the university education and housing cost in the future using my long-term strategy. For such long-term strategy, you want to ensure it is a set-and-forget strategy. You want to ensure that the long-term average return meets your expectations (For example - I aim for 15-30% per year) While timing helps, it is more important you have the discipline to contribute early on ​and let compound interest work for you.​​​​​​​​​​ Are you thinking ahead for your children's future?​ 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.

When the market (S&P 500) is at a high, what should you do? In this video, I outline 6 action steps for you to take. https://youtu.be/6eCKtbwg2Mg 1. Avoid investing in high risk loss making companies even if they are cheap 2. Reduce your leveraged positions and swap to non-leveraged indexes 3. DCA into indexes such as SPY and QQQ 4. Buy discounted stocks (example - LULU and AAPL) with an overall bullish outlook despite short term bad news 5. Build your cash position (10% or up to 30% max) 6. Diversify your strategies to have both long-term investing and monthly passive income 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 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. Schedule a call here: https://bit.ly/48mJlgR Remember to go to the Classroom tab for additional investing resources.

Hey Eric! I just exited my LULU Hedge with 100% gains, Thanks Eric!!

Congratulations to the following 10 people for being the most contributing members of the community: 1) @Rong Zhou 2) @Monica Bernard 3) @Velle SG 4) @Lindsay Talbot 5) @Marc Graybush 6) @Sukhwinder Dhanoa 7) @Eugene Voutchkov 8) @Leon K 9) @Cris Bob 10) @Sandra Van Den Ham I (Michael) will contact you in the chat to provide you with the gifts. You will receive: - 1 share of (SCHW) $66.47 USD To show proof of purchase, you must post in the community that you received the share. For next month March, the prizes will be: - 1 share of (SHOP) If you did not receive a prize this month, don't worry. Points are earned/given by liking posts or comments. 1 like = 1 point for the author. You can be the next top contributor for the next 30 days (https://www.skool.com/invest-retire-community-1699/-/leaderboards) and receive an additional referral prize. Share your referral link in settings and tag them here after they join. Leave a comment below @YOUR FRIEND'S NAME and you and your friend will each receive a $5 Amazon gift card. Cheers, Michael Team @Eric Seto

716 - Manju made 71% from HDB in 2.5 months 719 - Mike made 34% from MRK in 7 weeks The students select these two stock picks after mastering the long-term investing strategy. ​​Finding blue chip companies at a discounted price can enhance your profitability. ​Even for a stock with a flatter trend, you can still exit at a relatively high for a profit. (For beginners, focus on the stocks with stronger trend as they are much easier to make money)​ 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. Schedule a call here: https://bit.ly/48mJlgR Remember to go to the Classroom tab for additional investing resources.