Here's an interesting piece of data for you.
If you can hold cash at least 30% of the time, you can at least 2x your return.
Investing: 61%
Cash: 39%
This is the data I analyzed for the last 4 years on how often you should hold cash.
I was surprised at how high the number is.
I realized I wasn't holding enough cash.
In other words, investing is about avoiding the down weeks much more than catching the up weeks.
Are you holding enough cash?
Cheers,
Eric
--
Eric Seto
Chartered Professional Accountant (CPA)
Chartered Investment Manager (CIM)
In April, my goal is to help 10 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.
Remember to go to the Classroom tab for additional investing resources.