In the last two months, I mentioned to you a few times about the market turning point coming in October.
As we step into November, the market is overall bullish.
Some of my positions are already up 10-20% as I entered near the bottom as much as possible.
So now, we wait.
Entering is simply the first step of investing.
What we are looking for is to capture majority of the bull wave.
Waiting is what makes you the most money (not jumping in and out of the market)
Getting into great companies at a discount can significantly increase your return.
But waiting and capturing the majority of the bull wave with a good exit is just as important.
I expect the market to continue to be bullish (Santa Rally) for the rest of the year
Cheers,
Eric Seto, CPA, CIM
-----
In November, my goal is to help 20 people without a financial background to master investing
Investing Accelerator is designed for people without a financial background. Here's the link to the webinar: https://bit.ly/3i9QT1V We focus on developing financial independence, where you have the ability to invest to earn a higher return.
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 such as mortgage, utilities, car payments. 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.
Here’s the link to schedule a call: