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Invest & Retire Community

3.6k members • Free

Investing Accelerator

473 members • Free

3 contributions to Invest & Retire Community
FAANG Engineer to Options Trader
Hello Friends, Today I want to reflect on my journey from a FAANG engineer to options trader. I am still working and not retired yet but have been an engineer all my life (been at a FAANG company, won't get into the specific company for privacy). I have been long term investor but never really looked beyond buy and hold of ETFs. I dabbled in options (buying calls etc) earlier but it was a mixed bag. My journey started when I came across Eric's video on Youtube on how to make 30% per year and joined this community. I have been voraciously researching about options trading, backtesting strategies, finding growing success day by day. While my long term portfolio is playing how the market plays (it was down in November as QQQ was down), my options trading has been quite lucrative. I started in July and so far I had no losing month. Each month I'm getting better and better. My goal is to consistently make income every month so that I can eventually retire. Hope we all will be able to achieve our goals. Wish you all success on your chosen path. Happy to be part of this wonderful community.
1 like • Dec '25
Nice to hear your story.
Funny: Getting paid 8% per year in dividends for shorting the market
It's 1030 pm that night and I received an email - dividend. Huh? I am not a dividend investor as I am currently shorting the market with SQQQ shares. Turns out SQQQ - 3x leveraged short QQQ has an annual dividend of 8%. Getting paid 8% per year for shorting the market is pretty good (assuming you short the market at the right time). What an interesting time.​ For July, it will likely be a very bearish month. Brace for the rollercoaster ride!​ Cheers, Eric --- Eric Seto Chartered Professional Accountant (CPA) Chartered Investment Manager (CIM) Founder of 5MinInvesting.com In July, my goal is to help 20 people without a financial background to master investing through Investing Accelerator. 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. Here's a step by step guide on how to join Investing Accelerator for free: https://www.skool.com/invest-retire-community-1699/how-to-join-investing-accelerator-for-free 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.
4 likes • Jun '25
How interesting is that...it pays to be a bull and a bear! ;) I've read that there is a decay in the value in these funds (shorts like SQQQ) over time, but didn't understand why. Is it the dividend only or something else like management of the fund? Eric, what are your thoughts on the timing for buying more? I'm in for 5% now (SQQQ), but do you think there is still time to average in this week? If the outlook is very bearish then why not hold more than 5-15%?
Questions for Members
Hi Members, I am looking to join and would like to hear about your experiences. How has the program worked for you in general? What kind of long term returns have you achieved? Any challenges to figuring out options or otherwise? Whatever feedback you can provide is appreciated! Thanks in advance!!
2 likes • Jan '25
@Sandra Van Den Ham thanks for your opennesss about the ups and downs of your experience.
2 likes • Jan '25
@Monica Bernard Thanks Monica.
1-3 of 3
Marc Sarrazin
3
39points to level up
@marc-sarrazin-9509
Looking to navigate the ups and downs and ups of investing.

Active 14h ago
Joined Jan 16, 2025
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