As we approach the end of the year, it is important to be grateful. This year has its downs (tariff war) and also its ups (subsequent recovery). Whether the market is up or down, or a V shape recovery, the most important thing is the people around you and the relationship you have with them. ​Money will come (as the overall market goes up by 10% per year). And it is important to treasure the little moments with our families, as we still can. Happy Thanksgiving! ​​​​​ Here's the FINAL Black Friday discount to join Investing Accelerator, where you get an interest-free instalment over 12 months & 33% discount off the regular price: https://5mininvesting.thrivecart.com/black-friday After you join, you can schedule a free one-on-one call to ask any questions you have about your life, your situation and retirement. You can also use this call for technical support if you wish to have it later. I will set up a message / group chat to initiate the onboarding process. Cheers, Eric ---- Eric Seto Chartered Professional Accountant (CPA) Chartered Investment Manager (CIM) Founder of 5MinInvesting.com In December, 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

Learn Essential Options Trading Concepts https://www.youtube.com/watch?v=7PM4rNDr4oI

Blackstone says the next big thing is chips, data centers & power Supply is $VST, $CEG, $OKLO, $CCJ, $LEU & $EOSE Demand is $NBIS, $IREN, $CIFR, $WULF & $CRWV https://youtu.be/lUXy6Xp2j_I

How To Make Money With Covered Calls https://optionstradingiq.com/how-to-make-money-with-covered-calls/

Continuing the series of sharing the Option Trading lessons I learnt - VIX & Capital Allocation: The total amount of capital to be allocated to options trading should be based on VIX levels. If VIX is low (say 10-20) like we are now, then the max capital should be 30%. If VIX is high (30+), that's a great time to be selling options and you can increase the capital to 60%+. When VIX is low, if the trade goes against you and at the same time if VIX rises as well then the option value can balloon up so high that you'll get a margin call and can face deep losses. So remember this critical advice - Reminders: Again reminders from first lesson: 1) Always be on sell side of options, this is where the edge is 2) Keep trade size small (each trade < 2% of your portfolio) 3) Choose high expectancy trades 4) Trade many times to realize the expectancy - Implied Volatility and IV Percentile: While VIX represents the whole market's volatility, each stock has it's own IV and IV Percentile. IV gives an indication of the percent the stock is expected to move in next year. IV percentile is a percentage indicating how many trading days in the past year the stock had an IV lower than the current day's IV.  The general advice is to sell high IV tickers so that you can make higher premium. While this is true they are also risks with doing that. You can instead choose more stabler stocks but sell premium when they are at their highest IV percentile. - Tail Risk: It is critical to understand tail risk. All your gains can be wiped away in one black swan event if you don't take care of tail risk. For example selling puts on high IV stocks can seem to work for a while till the stock tanks and you are bag holding or see a big loss. Understand tail risk of your strategy and adjust your trades around it. For example when selling a put, buy a far OTM cheap put to protect against big downsides and margin calls - Beta Weighted Portfolio: Diversify your portfolio so that it can withstand turbulence. Don't just sell on SPY do it on commodities (GLD), bonds (TLT) etc too to diversify. Don't just sell puts, ensure you have some trades (calls etc) that benefit if market pulls back. Don't just be on the sell side. If VIX is low being on buy side is beneficial. Also incorporate as many market neutral trades as possible in your portfolio (iron condors, butterflys, straddles, strangles etc)