The job of an investor is to avoid the bear market.
This sounds counterintuitive because we are all taught "we just need to buy and hold. Time in the market is better than timing the market."
However, we also need to explain the following:
"Why does Warren Buffett have such a large pile of cash as one of the most successful investors?"
"Why does Michael Burry take on large short positions against the AI bubble?"
"Why do people wait for Black Friday to buy and buy more during heavily discounted periods?"
The answer is simple and obvious.
It pays to time the market correctly.
If you hold cash and wait till Black Friday, things go on sale by 20, 30, or even 50%.
If you hold cash and wait for a crash, company shares go on sale by 20, 30, or even 50%.
That's why I focus on buying blue chip stocks at a discount.
This is why Warren Buffett has a very large cash pile.
This is why patience pays when it comes to investing and...
Your job as an investor is to have cash when the bear market happens.
Right now, the market is still bullish. So we are all in it for the Santa rally until we see a bearish catalyst.
So here's the BOXING DAY discount to join Investing Accelerator, where you get an interest-free instalment over 12 months & 33% discount off the regular price:
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.