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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 2h ago
1 like • 1d
Eric so you are suggesting we keep all our long term stocks, sell any leveraged funds and switch part of the money to unleveraged funds? Ie sell TQQQ and QLD and buy QQQ or SPY? Not just sit incase? Just 10 to 20%?
Amazon and AI
Saw this article on LinkedIn today, and thought I'd share it..... "BREAKING: Amazon woke up this week and chose violence. They just announced their own foundation models, 75% cheaper. Plus AI Chips. Plus super computer. They’re coming for EVERYONE. It's like a coordinated attack on every major AI battlefront. Amazon is simultaneously challenging OpenAI/Microsoft in foundation models, NVIDIA in chips, xAI in supercomputing, and securing powerful allies like Anthropic and Apple. And SAP loves all this, BTW. With #AWSreInvent in the books, this is what we have from Amazon:1. Foundation Model Domination- Six new Nova models that match or exceed competitors- 75% lower costs than current market leaders- Already powering 1,000 Amazon applications- 2025 roadmap includes groundbreaking speech-to-speech and "any-to-any" models- Supporting 200+ languages while others stay English-focused 2. The Chip Revolution- Trainium2 chips showing 4x performance gains- Slashing costs by 50% compared to Nvidia- Apple signed on as major customer- Deep collaboration with Annapurna Labs- Next-gen Trainium3 already in development 3. Project Rainier: The Super Computer- Building world's largest distributed AI compute cluster- Hundreds of thousands of Trainium chips working in unison- 5x more powerful than Anthropic's current systems- Multi-location design for unprecedented scale- Direct challenger to xAI's Colossus 4. The Anthropic Power Play- Massive $8B investment- Secured position as primary cloud provider- Exclusive access to future Claude models- Deep technical collaboration on chip optimization- Early access for AWS customers. The most impressive part: Amazon's creating an entire ecosystem. They're simultaneously solving for compute (Project Rainier), chips (Trainium), models (Nova), and partnerships (Anthropic) - all while undercutting everyone's prices." Bottom Line - Amazon is going in very hard on AI and that should not surprise anyone.
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New comment 3d ago
2 likes • 3d
What is an AWS customer? Anyone know?
1 like • 3d
@Kevin Esmati ahhh...thankd for explaining that Kevin:):(
Surprise to most of you & Lotto Ticket in Silver
A. If you invested $1,000 in gold bullion on 1/1/2000, it would have grown to $6,678 on 11/29/24. By contrast, $1000 invested in the S&P 500 would have grown to $4,180, including dividends. B. Cerro de Pasco Resources Inc. (CDPR)
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New comment 3d ago
Surprise to most of you & Lotto Ticket in Silver
3 likes • 4d
I struggle with math...so I just bought a little of everything...gold, silver crypto and stock and paid off my house. now I am learning basic options... PUTSand CALLS...thanks Eric...and community
1 like • 3d
@Lindsay Talbot I am getting a little better the more I read and watch and talk to people. Thanks Lindsay. At least I don't think the light at the end of the tunnel is a train anymore...lol
We are in the 'banana zone'
Justin Sun is a Chinese-born cryptocurrency entrepreneur and business executive. He is the founder of TRON, a cryptocurrency. He has a net worth of approx $1.5 billion. On the X platform, in his words, "he was excited to share that at a Sothebys auction, he successfully acquired Maurizio Cattelan’s iconic work, Comedian for $6.2 million (see attached). For him, this is not just an artwork; it represents a cultural phenomenon that bridges the worlds of art, memes, and the cryptocurrency community. I believe this piece will inspire more thought and discussion in the future and will become a part of history. I am honored to be the proud owner of the banana and look forward to it sparking further inspiration and impact for art enthusiasts around the world" This is truly the 'banana zone'.
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New comment 4d ago
We are in the 'banana zone'
1 like • 7d
@Monica Bernard yes Banana is gagged so it cannot discuss the details...lol
0 likes • 4d
@Lindsay Talbot yes and just an overpriced NFT...ugh
Could Bitcoin hit $250K next year?
Tom Lee explains https://twitter.com/i/status/1862542038379405607
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New comment 4d ago
Could Bitcoin hit $250K next year?
3 likes • 7d
@Monica Bernard yes ...I pay a higher fee using coinbase or Shakepay to transfer $ from my bank. Sometimes it is most convemient though. Shakepay is for canadians and has crypto insurance for balances too. I leave my ETH in there for trading Sometimes..but any BTC always gets transferred to my cold wallet. You are in USA and could use SWAN. Better fees and you could set up automatic buying...DCA. I am investigating BITBUY too for Canadians. Lots of options. For a cold wallet I just use TREZOR because it is basic...off line...outta sight and forgotten. The seed ohraseviavthe key a 12 or 24 key that you set your wallet up with. They supply it. Never share or lose this key. It is essentially your money. Just hammer the 12 or 24 words into a titanium wallet and hide it securely. Maybe make a time capsule or something lol. Just start with dollar cost averaging into swan. When it gets to 1k then buy a trezor...only direct from the manufacturer. Never amazon or anywhere online! The best tip i ever got was to set up a separate email address for anything crypto. Get a proton account. Then nothing crypto ever comes into your regular email and you will be safer from scams.
2 likes • 4d
@Denis Robert depends on why BTC...if yiu just want FIAT gains ETFS are good pla1y...if you want a store of value.. a piece of a rare asset...not many bitcoin left to print. It is the waterfront real estate. Running out of time.
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Sandra Van Den Ham
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3,709points to level up
@sandra-van-den-ham-2626
Artist, realtor and business owner. Soon to be just Artist and hoping for a flow of retirement income.

Active 1d ago
Joined Jan 1, 2023
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