Sahil Bloom shared something this week that hit me. Researchers at Yale found that people consistently overestimate how well they understand everyday things — a zipper, a toilet flush, a bicycle. Confidence scores were sevens. Write it out step by step? They collapsed to twos. He calls it the Illusion of Explanatory Depth. I think it's one of the most underrated traps in retirement planning. Most of us picked a number — $1M, $2M, $5K/month in passive income — through a kind of cultural osmosis. We heard it somewhere, it sounded right, and we filed it away as the goal. But when did we last actually defend that number? Here's the test I ran on myself: → Write down your retirement target → Then write what that number actually buys you — month by month, in specific dollars → Then ask: does this match the life I actually want to live? The first time I did this, I found my number was built on assumptions I'd never questioned. Generic lifestyle costs. A vague sense of "enough." Nothing tied to my real expenses or the income streams I'm actually building. @Eric Seto talks about this in the accelerator — the difference between having a number and having a plan. They're not the same thing. A retirement number is a wish. A plan is a thesis you can defend. What's your current target — and can you name one specific thing that number pays for in your ideal month? Drop it below 👇

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If you had $1 million and were done with the 9-to-5 grind for good and housing , offsprings are all taken care of (no other obligations whatsoever)— how would you allocate it? What mix of investments would give you financial security, a comfortable income, and the peace of mind that comes from a portfolio that practically runs itself?

After investing for over 17 years, I've summarized my best investing strategies into: 1. One single course - Consisting both monthly passive income and long term investing strategies - This is for the DIY investor who wants to place trades once a week or once a month 2. My first machine learning income fund - A private fund designed for US investors. Going to start trading on August 1. So right now, my team at BranchPoint GP LLC is onboarding investors (https://branchpointfunds.com/) As a fund manager, I believe it is important to invest my own capital into the fund. This is how my mentor did it and I think that's a great habit to have. So the first investor is Eric Seto Research Company - putting in $200,000 right off the bat and get everything going as the seed investor. Shortly after, we received another $500,000 commitment. So now we are counting down to launch - 34 days from trading. If you are interested in checking out my BranchPoint team and what we are offering, here's the website: https://branchpointfunds.com/ This is exciting ​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

Inflation crosses above 4% for the first time in recent months Market drops This is because the market is worried that the new Fed Chair Kevin Warsh would not decrease the interest rate. Instead, there may be a possibility that we might even encounter a rate hike. This would reduce the money supply. Companies like tech and semiconductors valuation will go down. This is why you see a larger correction today with these companies The real question becomes Will Kevin Warsh make decisions based on inflation data? Or he is just going to ignore it and lower the interest rate anyways?​​​​​​​​​​​​​​​​​ 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.