Monthly Passive Income Update: Fully recovered
For the monthly passive income strategy this year, we had a big swing because the market suddenly crashed shortly after Trump was elected
This triggered our risk management strategy which we changed our losing position into a new potential to recover our losses.
As of June, we have recovered all of the losing trades occured this year and now in a profit.
While the market is at a high now, we will wait for the right time to restart the monthly passive income strategy.
Based on my forecast, the best time to start the monthly passive income strategy is August 1.
Despite​ the market crashed and recovered, we manage to maintain an overall profitability with the monthly passive income strategy.
Cheers,
Eric
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Eric Seto
Chartered Professional Accountant (CPA)
Chartered Investment Manager (CIM)
Founder of 5MinInvesting.com
In July, 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.
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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.
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Monthly Passive Income Update: Fully recovered
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