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Invest & Retire Community

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358 contributions to Invest & Retire Community
Market
Is this the start of a bear market or a correction?
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13
New comment 12h ago
2 likes • 23h
@Leon K It could also trade sideways for a bit --- building momentum for that upward or downward move.
0 likes • 12h
@Leon K sadly Canada may end up cutting sooner than the US which will talk our dollar. So yes, I hope the fed cuts to reduce carnage for other currencies
The problem with financial planners and money managers..
Financial planners and money managers face a variety of challenges in today's economic landscape. From adapting to rising interest rates and regulatory changes, especially concerning cryptocurrencies, to managing client expectations and embracing new technologies, the financial advisory sector is in a state of flux. These professionals must also navigate the complexities of market volatility, global economic impacts, and the increasing need for personalized financial advice. As the industry evolves, so too must the strategies and tools used by financial experts to provide value and maintain trust with their clients. I have never seen one who adjusts and manages money like it's their own. Most are content once they suck you in. Performance should be correlated to fees. Nothing like a don't paid until your money doubles!
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New comment 15h ago
4 likes • 2d
@Kim Huynh I am same. I used one once and she put me into an unfavorable product
2 likes • 17h
@Denis Robert lol good point!
I want you to get at least 15% per year in the next 10 years.
In Investing Accelerator, we always focus on getting 30% per year. Whether it is an individual investment, monthly passive income or index funds, we want 30% per year. But even if you are not part of Investing Accelerator yet, I want you to have a secure retirement. I want YOU to have 15% yearly portfolio growth for the next 10 years. ​So here's a simple index fund combination that can achieved this result: SPY + QQQ = 15% per year If you go to Yahoo Finance and look at the return for the last 10 years, you will find investing in SPY and QQQ will get you more than 15% per year. This simple and effective index fund combination alone will help you get 15% yearly growth. ​​​Perfect for long-term set-and-forget portfolios. ​ Cheers, Eric --- Eric Seto Chartered Professional Accountant (CPA) Chartered Investment Manager (CIM) Founder of 5MinInvesting.com Free webinar - how to get 30%: https://5mininvesting.com/free-case-study/ In May, my goal is to help 20 people without a financial background to master investing. 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. If you have any questions about the program, you can ask during the call as well. Schedule a call here: https://bit.ly/48mJlgR
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New comment 21h ago
2 likes • 21h
@Sandra Van Den Ham if this happens we have bigger problems to worry about.
1 like • 21h
@Leon K the more I learn the more I agree with this….with the way things are we have to take matters into our own hands.
What percentage of your funds would you allocate for LEAPs?
If you have a 10k account, what percentage is a good and safe amount to allocate towards LEAP options?
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New comment 9h ago
2 likes • 23h
@Sukhwinder Dhanoa so you would use 30-40% of your capital ono the 1 discounted stock?"
2 likes • 21h
@Sukhwinder Dhanoa gotcha!
What a week! GOOG
Navigating the volatile terrain of the stock market requires patience and strategic timing, as evidenced by the recent experience with the 165 call calendar on Google. The decision to hold out for a retracement rather than exiting the position prematurely can often lead to a more favorable outcome. With the market's response aligning favorably, it's a prudent move to consider securing profits and reassessing the position to optimize future investment decisions.
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New comment 18h ago
3 likes • 23h
Agreed - I am holding shares and should have sold to lock in profit. I wasn't able to trade that day though.
3 likes • 23h
@Monica Bernard I have APPL shares across different accounts and so not able to sell CC. APPL is in my long term accounts and I don't typically sell CCs in those. I'm not focused on MPI here.
1-10 of 358
Velle SG
7
4,789points to level up
@velle-sg-2781
Lifelong learner

Active 1m ago
Joined Dec 26, 2022
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