Fukuoka is great & the market is quite high right now
Vacationing in Japan currently
Just flew down from Tokyo to Fukuoka on Thursday
Didn't realize it was prime business travel time - the entire flight was filled with business people and the 4 of us sticking out like a sore thumb
Meanwhile, my portfolio is taking a nice roller coaster up while the market is red hot.
Some people who missed the boat is paralyzed and shocked by how fast the market is going up
This is why you need to have mechanical rules to get you back into the market even if your analysis is incomplete
This is where nailing down your technical analysis is super important
While the market is hot, it might be time to take profits soon as usually we would experience a correction after a V shape recovery of 6 weeks
So I would start accumulating cash to enter into the next discounted opportunity​​​​​​​​​​
Cheers,
Eric
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Eric Seto
Chartered Professional Accountant (CPA)
Chartered Investment Manager (CIM)
Founder of 5MinInvesting.com
In May, I’m helping 15 people to become better at investing through Investing Accelerator.
During the free strategy call, you can discuss which area of analysis you need the most help with (finding discounted stocks vs generating income).
You can discuss your knowledge on options (and whether or not you are looking to learn a specific option strategy e.g. covered calls, cash secured puts, spreads)
We can identify if you would benefit from the techniques covered in the program from technical, fundamentals to buying / selling options
We can also discuss the tax advantages / disadvantages of using different retirement / investing accounts for each strategy.
Disclaimer: This communication is provided for educational and informational purposes only and does not constitute investment advice, a recommendation, or an offer to invest in any fund or strategy. No advisory relationship is formed by receipt of this content. Any references to strategies or markets are general in nature and do not reflect the performance of any client account or investment product.
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Eric Seto
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Fukuoka is great & the market is quite high right now
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