When you are entering a long term position, it is important to not overreact
The market goes up and down 50/50 of the time
So if you are entering into the market right now, you are probably still a bit early.
That's fine as long as you understand that Feb is usually down and Mar / Apr is when things turn around
So when you enter into a long term position, you need to give the market room to breathe
Expect to hold for 12 months (which is not really that long in the world for investing)
But you should get positive results in 3-6 months
This is different from monthly passive income options, where you enter into trades with an expiry date of 30-60 days.
Cheers,
Eric
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Eric Seto
Chartered Professional Accountant (CPA)
Chartered Investment Manager (CIM)
In March, my goal is to help 20 people with no financial background master investing.
You will learn two strategies:
• Long-term investing with options — learn how to find discounted blue chip stocks using technical and fundamental analysis
You will also learn how to hedge during a bearish market to protect yourself
• Monthly passive income — learn how to generate cash flow for retirement or replacing/boosting part of your salary using options
Remember to go to the Classroom tab for additional investing resources.
Disclaimer: This communication is provided for educational and informational purposes only and does not constitute investment advice, a recommendation, or an offer to invest in any fund or strategy. No advisory relationship is formed by receipt of this content. Any references to strategies or markets are general in nature and do not reflect the performance of any client account or investment product.