When you decide to change in 2026, what's important is to make sure you only make a mistake once. When I make a mistake (whether it is investing or life), I try to make it only once and learn from it. Or else - life has a funny way of repeating the lessons and punching you in your face until you learn it anyway (e.g., learning it the hard way). Over my years of study, a lot of experts dedicate this to discipline, motivation, visualization etc. But these strategies usually fail me when I am tired and when I need to stick with the plan the most. Turns out, the solution for me has been solved by large corporations and accountants a long time ago. These are called - CONTROLS. Large corporations have proper controls in place to ensure that executions are executed. For example: If I want to do 10 push-ups a day, I have a log of 10 push-ups a day (that's a control). Then I have a reminder to check the log of doing 10 pushups a day (that's a second control). You probably already have these at your workplace (implemented by your accounting team) What about investing controls? Let's say you develop an investing strategy. It is profitable. So the only thing you need to do is to stick with it. Here are some controls: 1. I record and print out the investment decision once a week (or whatever frequency you wish) 2. I compare my weekly performance, actual vs my strategy performance (Actual minus Strategy = 0) 3. I compare my monthly performance, actual vs my strategy performance (Actual minus Strategy =0) 4. Whenever there is a large deviation, it gets flagged as red and it gets summed up as the total deviation of the last 2 months (so I don't forget I break my own rules) 5. On a weekly basis, I write down notes on what exactly the pattern or trigger or setup. If I deviated, I write down wny that is (usually the reasons are bad and I need to fix it) By having multiple controls, this significantly improved my "discipline" and "mental willpower" because I can think less and it is more "in my face" when I make a mistake.

This guy makes a compelling case for why oil price may rise short term. https://youtu.be/4GSvNqzWf1s?si=WfTGlpLPrDYoPsxx

Canada’s challenge is not resilience—it’s ambition. The economy is surviving. It is not advancing. - Growth exists, but it’s consumption-led, not investment-led. - The economy is resilient in the short term, vulnerable in the long term. - Without higher investment, Canada risks: This is how countries quietly fall behind, not collapse https://www.fraserinstitute.org/commentary/dark-clouds-loom-over-canadas-economy-2026

Inflation data was released this week, and it was 3.01% Last month was 2.92% (which is an increase from last month) And my forecast was 2.76% (which is an increase from my forecast) However, the market still continue to go up. ​US and Canada inflation are both elevated this month but market did not go down In other words, inflation at 3% is the new normal and it isn't enough to break the market. This coming week, Fed will announce another interest rate cut. I am still overall bullish for the market unless Fed is doing something surprising (e.g. not cutting rate or even increase interest rate) ​ Cheers, Eric ---- Eric Seto Chartered Professional Accountant (CPA) Chartered Investment Manager (CIM) Founder of 5MinInvesting.com In November, 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.

Hello everyone, I'm excited to be a part of this community and partaking on a new adventure!