NVDA reported stellar earnings.
The market went up on Wendesday overnight but dropped on Thursday open.
Overall, NVDA reversed all its overnight gains and turn out to be net negative
This also led to an overall AI stock market correction (which many experts already said we are in a bubble)
This is consistent with my forecast this week where we are overall bullish.
If we don't get a decent bounce back on Friday, then next week is not looking too good.
In Investing Accelerator, we held over 40% cash and avoided this drop.
We also had a short position which is sitting at a decent profit.
But we will reassess during the coaching call this week.
After you join, you can schedule a free one-on-one call to ask any questions you have about your life, your situation and retirement. You can also use this call for technical support if you wish to have it later.
Cheers,
Eric
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Eric Seto
Chartered Professional Accountant (CPA)
Chartered Investment Manager (CIM)
In December, 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.
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.