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515 contributions to Invest & Retire Community
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 2h ago
How to join Investing Accelerator for "free"
0 likes • 3h
@Khoi Ha RRSP is your account type. Sorry I thought is a ticker. lol
1 like • 3h
@Khoi Ha welcome on board by the way. Enjoy your learning journey
4 lessons from making 40% to 55% return in 2024
As of today (Dec 4), my portfolio: Monthly Passive Income Strategy (1 trade a week): +55% Long-term smart index funds: +46% ​When it comes to Finance and Investing, it boils down to a few core lessons (from easiest to hardest): ​1. Diversification - Anyone can do this by investing in index funds and avoiding being exposed too much to individual stocks. Most financial education stops here ​2. Leverage - Using leverage or profit multiplier option is a double-edged sword. If you use it right, you can 2x to 3x your return 3. Avoiding bearish periods - ​During a bull period, you hold and you should be on par with the market. During the bearish period, this is where you shine simply by holding cash (or even short the market). This is harder than 1 and 2 ​ 4. Monthly Income Options - With 1 trade a week and options, you can design your retirement strategy and achieve a more predictable cashflow. This allows you to pay bills, mortgages and travel. Those are the 4 ​key concepts you must master to master investing. Turns out - it's only 4 things.​ 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. 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.
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New comment 3h ago
0 likes • 3h
Thank you Eric for the insights & coaching
$1,000 per Month via LULU
I collected $1,010 premium this morning 3/11/24 by selling put on LULU with 3/22/24 expiration. Why: 1). @Eric Seto had posted that indicating he Forecast earning will be positive (earning call is around the corner 3/26/24) 2). $425 is below 11/27/23, support level of $427.73. Market is at $459ish. WOW already achieved the goal. Thanks Eric!
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New comment 8h ago
1 like • Nov 4
Today, 11/4/24, I paid $10 to close out my 2nd put @$270 strike expirating this Friday 11/8/24. Cumulatively, I made $2,505 in premium. Note, on 3/11/24, I started selling put on LULU which was assigned @$425 strike. Currently, LULU is a losing hand because it is still netting at a paperless. It is turning around & I cannot wait.
1 like • 8h
Earning is today. I sold a put on LULU for $350 premium on the highest strike above bb of $390 in the option chain expires this week 12/6/24 (Learning from Ashley). Cumulatively, I made $2,855 in premium. Note, on 3/11/24, I started selling put on LULU which was assigned @$425 strike. Currently, LULU is a losing hand because it is still netting a paperless but improving. Hope LULU has a great earning today!
Congrats to the Top 10 Contributors for November 2024 and announcing December 2024 Prize
Congratulations to the following 10 people for being the most contributing members of the community: 1) @Rong Zhou 2) @Lindsay Talbot 3) @Monica Bernard 4) @Kim Huynh 5) @Kevin Esmati 6) @Sandra Van Den Ham 7) @Leon K 8) @Velle SG 9) @Sukhwinder Dhanoa 10) @Cris Bob I (Michael) will contact you in the chat to provide you with the gifts. You will receive: - 1 share of (UBER) = $72.00 USD To show proof of purchase, you must post in the community that you received the share. For next month December, the prizes will be: - 1 share of (CROX) CROX - A footwear company with a unique product. I am sure you have heard of CROCS and with its collaboration model to include pins on the shoe -this has been a significant profit driver in the recent years. Currently at a discount You can be the next top contributor for the next 30 days (https://www.skool.com/invest-retire-community-1699/-/leaderboards) Bonus tip #1: When you refer someone to watch the free case study and they join Investing Accelerator (https://5mininvesting.com/free-case-study/), you two will both get $1,000 USD Bonus tip #2: When you refer someone to get 20% dividends from Investing Accelerator parent company (https://5mininvesting.com/free-demo-for-investors/), you two will both get $1,500 when they invest (IRA eligible) Cheers, Michael Team @Eric Seto
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New comment 21h ago
3 likes • 3d
Congrats to all the winners!
4 likes • 2d
Here is my proof of purchase
UNG
For covered call selling (aka PMI) lovers: UNG offers 5% a month on at-the-money calls. Be careful though, it can move fast. For those who is new to nat gas: storage is like 40% above 5-year average, but production is falling and demand is EXPECTED (translation: it is speculation) to rise. Hence high implied volatility, reflected in the high option premium. 0834 ET - U.S. natural gas futures are extending last week's bounce off technical support, backed by LNG feedgas demand and prospects of more power-sector use as Texas weather heats up. "If LNG can edge higher, a boost from laggard Henry Hub physical pricing may reinforce upward momentum for Nymex gas," Eli Rubin of EBW Analytics says in a note. Also supportive is the decline in natural gas rigs, which fell by 3 last week to 102, according to Baker Hughes. "Producers have shed 19 rigs in 11 weeks, and the trend is likely to continue," Rubin says. Natural gas for June delivery is up 1.9% at $2.183/mmBtu. (anthony.harrup@wsj.com) P.S. I have a large position in NatGas and am losing big $ today on the three-day runup 😪. I have been biased short thinking the spike last week was a short covering and will exhaust itself.
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New comment 7h ago
UNG
2 likes • 3d
@Leon K Thank you & thank you! I sold a put this morning & collected $40 premium @$14 strike 12/6/24 expiration. This translates into 261% annualized if it expires worthless. If it got assigned, then I will sell covered call 💃🏻💃🏻💃🏻
1 like • 3d
@Leon K I see I see. When I trade today, j just couldn’t let go of the premium. But definitely noted
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Monica Bernard
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3,406points to level up
@monica-bernard-3805
Love to learn and explore the possibilities in financial freedom.

Active 2h ago
Joined Nov 8, 2023
United States
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