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23 contributions to Invest & Retire Community
Not everything worked out but some worked enough? +10%
In Investing Accelerator weekly coaching calls, we forecasted September to be overall bullish but I did warn of the first week of September to be bearish. Thus, we stayed conservative. In the weekly coaching call, I noted that the market is forming a W bottom and the turning point may be September 11 2024 inflation data relased. ​With a bit of luck, the market did form a W pattern which: 1. the presidential debate happened ​Sept 10 evening 2. the inflation data released on Sept 11 morning 3. We entered Sept 9 Monday where the market was still low While it is still too early to declare any victory, we must remain diligent. We are not going to be this lucky every time but we do our best to enter at a discoutned price.​​ ​Entering into the market at a good price is only half the battle. The second half is about exiting at a good price. The jump in stock price on September 11 already provided +10% return on some of my positions. But the key will come down to when to take profit.​ Cheers, Eric ---- Eric Seto Chartered Professional Accountant (CPA) Chartered Investment Manager (CIM) Founder of 5MinInvesting.com In September, 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. During the call, we will map out exactly how you can achieve 30%, what you are lacking, how you can improve.
3 likes • Sep '24
@Eric Seto does it take time to consolidate? I bought when it was 247 but OTM price Dec exp. Took profit 66%. Would it not be too late to get in again? Ive been. conservative and building by taking profit as i see it. So wonder if i go back in ITM this time.
2 likes • Sep '24
@Eric Seto momentum indicator?
W?
Thoughts on LuLU QSR and AMd?
3 likes • Sep '24
makes sense. its super discounted.
Buying gold?
What are your thoughts on buying GOLD EtFs or physical GOLD as part of portfolio?
Incorporating ramsey principles and eric strategy long term🙏
I understand you are bullish this year, for example like me, I'm trying to save money to get to a point to do MPI longterm. I find being an option buyer is too much chart monitoring for a full time employee and mom. I aslo choose to do long term investing. I often look at the charts to time when to do invest. like buy at red days. but im also scared as well of the "rumors" of "recession" or any potential turnaround. or if I really wish to do this long term. it wouldnt really matter I guess? I wish to look at bluechip stocks to or atleast do etf or mutual funds that have good long term trend.
Congrats to Top 10 Contributors for March 2023 and announcing April prize
Congrats to the following 10 people on being the most contributing members in the community: 1. @Rong Zhou 2. @Lindsay Talbot 3. @Sandra Van Den Ham 4. @Ray U 5. @Kim Huynh 6. @Eric Turner 7. @Eugene Voutchkov 8. @Rosebelle Ibiaz 9. @Sukhwinder Dhanoa 10. @Marina Wong I (Michael) will contact you in the chat to provide you with the gifts You will get: 1. $25 Amazon gift card AND 2. 1 share of (SHOP) Shopify (A great blue chip stock in @Eric Seto’s opinion) To show proof of purchase, you must post in the community that you got the share For next month for April, the prizes are: 1 share of AMD If you didn’t get the 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 30 days (https://www.skool.com/invest-retire-community-1699/-/leaderboards) Additional Referral prize. For every friend you refer that joins this free investing community in April 2023, you can also get a $5 gift card with your friend. Share your referral link in settings and TAG them here after they join. Leave a comment below @YOUR FRIEND NAME and you PLUS your friend will each get a $5 Aamzon gift card. Cheers, Michael Team @Eric Seto
4 likes • Apr '23
Thank you investing accelerator team!
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Rosebelle Ibiaz
4
31points to level up
@rosebelle-ibiaz-8601
mom

Active 209d ago
Joined Dec 25, 2022
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