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383 contributions to Invest & Retire Community
MCK
I looked it up and seems like nobody ever made a post about MCK. Does anyone has an opinion on MCK? For those new to the company, it is one of the big three pharma and medical supply distributors (CAH and COR are the other two).
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New comment 1d ago
1 like • 1d
All pharmacies both in Canada and US order products and services from MCK. Excellent stock long term hold. 2018 was best year to own it. The boat had sailed lol.
How to join Investing Accelerator for "free"
This post is for people who have more than $20,000 to invest. This is how you can get Investing Accelerator for "free" and Get the market to pay for it for you. So here's how you can get the investing strategy to pay for the tuition of the program from the second month onwards. Secret: You start with the monthly passive income strategy first. 1. You hop on a call with me (or Michael) to see if you are a good fit. If you are, you will get to choose a 12 month payment plan for Investing Accelerator. Link to schedule a call: https://bit.ly/3WitxVE 2. This allows you to start investing and generating monthly passive income starting from month #2. 3. You go through the 7-week video training. It takes around 4 hours a week. If you got time, you can go through it faster. 4. You start with the monthly passive income strategy. You set up your account with your favorite broker. My favourite is Interactive Broker (IBKR). 5. You fill out a form to get the highest option level (required for monthly passive income) 6. I publish my monthly passive income trades monthly. At the end of 7 weeks, you copy 2 of the trades each month. Placing the trade should take you around 15-30 mins each month. 7. With $20,000 * 3% = $600 per month, this will pay for the tuition cost each month with money left over. Since this is a short-term strategy, you can deduct the tuition expense against your trading income. 8. By the end of 12 months, the market would have paid the entire Investing Accelerator tuition with $1,000 extra left over or more. It's that simple. If you plan to join Investing Accelerator, I expect you to just follow 1-2 of my trades each month for monthly passive income and let the market pay the tuition.​​ Cheers, Eric Seto, CPA ------------- Investing Accelerator is designed for people without a financial background. We focus on developing financial independence, where you have the ability to invest to earn a higher return. The goal is to achieve 30% return per year.
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New comment 8h ago
How to join Investing Accelerator for "free"
2 likes • Mar '23
@Rong Zhou AEM seem to have a very high PE and a very high dept, what is your thought on smaller gold producer BTO?
2 likes • 1d
@Monica Bernard RRSP in Canada = ROTH or 401K accounts in USA.
How I manage my portfolio while I am on vacation - Hong Kong, Osaka, Tokyo
True freedom comes from the ability to make money no matter where you are. At the end of the day, if you can only make high income from one location but you can't travel and spend it, what's the point? That's what propelled me to study financial independence and retire early movement (and propelled me to develop all these investing strategies) So - WE ARE GOING ON VACATION!! My wife isn't too excited as we are bringing two kids to visit my parents in Hong Kong. It is going to be a lot of work. But - we will have fun nevertheless - giving her plenty of time to shop. Our trip goes from Hong Kong to Osaka to Toyko in 3 weeks. I have mixed in good food (grill, seafood, fish market, beef) to playgrounds (kid play are) to rest days (mainly for myself to take a breather). With a jammed pack holiday season, here are some tips to manage my portfolio while travelling: 1. Make it passive - I've allocated my portfolio to the smart index fund strategy and build up some cash reserve as the market is approaching a peak. 2. One trade a week - ​I focus on making one trade a week with monthly passive income and use a longer expiry date (60 days instead of 30 days) which requires even less effort ​on my end 3. Estimate expected gain - ​This is to forecast my expected gain on the portfolio and know when it is enough. With my strategy, I should be able to get around 5-10% for December as it is usually a good month. ​Knowing I should bring in around $20K to $30K from the portfolio gives me peace of mind. 4. Have fun - Keep the big picture in mind. There are some volatile events including inflation results and interest rate decisions. If you hold enough cash, you should generally do fine for December. ​​ ​​Ultimately, I aim to travel, manage the portfolio, get 20-30% return - at the same time.​​ Cheers, Eric ---- Eric Seto Chartered Professional Accountant (CPA) Chartered Investment Manager (CIM) Founder of 5MinInvesting.com In December, my goal is to help 10 people without a financial background to master investing through Investing Accelerator.
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New comment 8m ago
2 likes • 1d
Have a wonderful and safe trip @Eric Seto .
Singapore’s birth rate has hit rock bottom
Singapore’s birth rate has hit rock bottom—just 0.97 kids per woman, far below the 2.1 needed to sustain a population. Translation? More seniors, fewer workers, and a shrinking labor force. From factories to food delivery, robots are stepping in where manpower is falling short. By 2030, nearly 1 in 4 Singaporeans will be over 65, and the support ratio has plummeted to 4 working adults per senior. In 2014, it was 6. The government is urging more hiring of older workers and turning to robots—Singapore has the world’s second-highest robot density—to plug the gaps. Source: Newsweek
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New comment 7h ago
2 likes • 2d
I was in Singapore last December, the city is extremely well run, multi diverse and high tech application (their electricity come from their garbage they generated daily!), one of their resort island is made from garbage as well . Standard living is high, rent is extremly high, with this population gap they certainly can welcome all sort of robotic applications.
1 like • 2d
@Lindsay Talbot me too. I mostly ate at all the hawkers centers that all we could afford lol...just kidding!
Target (TGT) dropped 17% for the week
Target Corp (TGT) shares dropped over 18% in pre-market trading on Wednesday after the retailer posted lower third-quarter profit and warned of a soft holiday period ahead. Pre-tax earnings fell by 11.6% to $1.09 billion during the third quarter, as revenue climbed by 1.1% to $25.67 billion and gross margins fell by 0.2% to 27.2%. Analysts had been expecting revenue of $25.90 billion, while earnings also undershot forecasts of $2.30 per share at $1.85, reflecting Target’s biggest miss in two years. “Unique challenges” hit the business over the quarter, chief executive Brian Cornell said, including softness in discretionary categories and October’s strike among US port workers.
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New comment 3d ago
1 like • 4d
@Sukhwinder Dhanoa why not?
1 like • 3d
@Sukhwinder Dhanoa Break&Mortar retail and high theft is not my favorite.
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Kim Huynh
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4,833points to level up
@kim-huynh-9986
Semi-retired pharmacist. Passionate in learning and earning passive investment income.

Active 3h ago
Joined Feb 17, 2023
Canada GTA
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