Participate the community conversation and increase your chances of winning incredible prizes. Find out what's in store for the top 10 most active contributors of March 2023: 1. $25 Amazon gift card AND 2. 1 share of (SHOP) Shopify Shopify is another great discounted stock that we analyzed within Investing Accelerator. It is rapidly growing with a solid business model and recurring revenue. If you don’t have SHOP, be sure to check it out! Remember, you can earn points by liking posts or comments. Every like is equal to 1 point for the author. Keep track of your progress on the 30-day leaderboard: (https://www.skool.com/invest-retire-community-1699/-/leaderboards) Current leaderboard standings: 1) @Lindsay Talbot 2) @Sandra Van Den Ham 3) @Sukhwinder Dhanoa 4) @Ray U 5) @Marina Wong 6) @Rosebelle Ibiaz 7) @Rong Zhou 8) @Eugene Voutchkov 9) @Nitin Bhat 10) @Kim Huynh But there's more! You can secure a $25 Amazon gift card by inviting 5 friends to join the community using your referral link. To find your referral link, go to your settings, click on the "Invite" tab, and enter the email addresses of your friends or generate a personalized link for them to use. After they join, simply TAG them using @ in the comments below. Best of luck, and happy contributing! Cheers, Michael Team @Eric Seto

This post is for people who have more than $20,000 to invest. This is how you can get Investing Accelerator for "free" and Get the market to pay for it for you. So here's how you can get the investing strategy to pay for the tuition of the program from the second month onwards. Secret: You start with the monthly passive income strategy first. 1. You hop on a call with me (or Michael) to see if you are a good fit. If you are, you will get to choose a 12 month payment plan for Investing Accelerator. Link to schedule a call: https://bit.ly/3WitxVE 2. This allows you to start investing and generating monthly passive income starting from month #2. 3. You go through the 7-week video training. It takes around 4 hours a week. If you got time, you can go through it faster. 4. You start with the monthly passive income strategy. You set up your account with your favorite broker. My favourite is Interactive Broker (IBKR). 5. You fill out a form to get the highest option level (required for monthly passive income) 6. I publish my monthly passive income trades monthly. At the end of 7 weeks, you copy 2 of the trades each month. Placing the trade should take you around 15-30 mins each month. 7. With $20,000 * 3% = $600 per month, this will pay for the tuition cost each month with money left over. Since this is a short-term strategy, you can deduct the tuition expense against your trading income. 8. By the end of 12 months, the market would have paid the entire Investing Accelerator tuition with $1,000 extra left over or more. It's that simple. If you plan to join Investing Accelerator, I expect you to just follow 1-2 of my trades each month for monthly passive income and let the market pay the tuition.​​ Cheers, Eric Seto, CPA ------------- In January, my goal is to help 6 people without a financial background to master investing Investing Accelerator is designed for people without a financial background. We focus on developing financial independence, where you have the ability to invest to earn a higher return.

The goal of the community is to learn together for long term investing and monthly passive income strategies in the stock market. Rules: - Be positive - Contribute and ask questions - Avoid topics about day trading, penny stocks, small cap that are prone to manipulation Invite your friends to join: Since this is a free community, you will get rewards for asking your friends to join (e.g. gift cards, books and more). How to get your referral link: - Go to settings on the right - Click Invite - Either enter the email or "Get an invite link to share" - Follow up with any pending invites Classroom: Valuable content and recommended resources: - Strongly recommend going through the free chart course to learn how to find discounted stocks - Then you can grab the additional free resources in the Invest & Retire resources section - Then learn more about taxes Leaderboard: Under leaderboard, you will unlock various awards - You will unlock additional content about how to use a stock screener at level 3 - Every month, the top 10 leaders will also get prizes! We are all here to learn. So don't be shy and introduce yourself and make some friends Eric Seto

'Risk on' seems to be the go for 2023 so far and Tech has made a great start. Some of the top chip makers are certainly moving ahead strongly and this is likely a result of the AI explosion.

Just learned that Silicon Valley Bank was giving the employees bonuses the same day the bank collapsed. So as depositors were trying to get their money out the employees were enjoying bonuses. Als9 learned the president withdrew 3.7 million dollars less than 2 weeks ago.

Just looking at the semiconductor ETF XSD, it is up 25% YTD. Most likely a combination of risk off and the AI explosion which is upon us.

In the previous months, my forecast for inflation were: - December: Actual 6.34% [Eric: 6.8%]  - Jan: Actual 6.4% [Eric: 5.7%]  - Feb: Actual 6.0% [Eric: 6.0%] As you can see my forecast is not too far off from the actual inflation. The chart (image) above has a comparison between my forecast vs actual since Sept 2022 as well. So here's the forecast for the next 3 months: - Mar: [4.69%] (Released Apr 12) - Apr:  [4.1%]  - May:  [3.0%] - We are back to normal inflation level. ​ As you can observe, we will be at 3% inflation by May (release in June). Exciting - isn't it?​ Cheers, Eric Seto, CIM, CPA --------- In April, 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: https://bit.ly/3ZaWpRh

Yesterday, the market was expecting Fed to hold off on increasing interest rate to help with the market. However, Powell came out and decided to increase the interest rate by 25 basis point. This surprised many investors (myself included) and the market dropped within one day. Here's what I think will happen so far: - US provides back stop liquidity to all banks ($2T). This ensures deposits remain available. Stop big banks from going bankrupt - Done - US continues to increase interest rate by another 0.25 (as mentioned by Powell) - Terminal rate is near 5.25% - Borrowers (e.g. homeowners, and businesses with leverage) continue to hurt - Companies with negative profit/cashflow will hurt the most (Technology) - Companies with high leverage will hurt the most (Real Estate) - Higher cost of capital lower growth which induces layoff to spike unemployment While Powell is stubbornly trying to get inflation down to 2%, the inflation index will be near 2-3% in the second half of 2023 anyways. Thus, Powell's overshooting the interest rate target is creating unnecessary pain for the investing world. With such high cost of capital, my friends working at the bank and deal environment noted low volume of business. This means businesses are unable to get the financing they need to continue to grow, which is contracting the economy perhaps too much (more unemployment and less investing gains). Initially, I thought March may end up being a slightly positive month but now it is looking like a breakeven month for long term investing (or a slight loss) As for the market reaction, I don't think the market has fully digested the interest rate hike yet. We will see what happens on Thursday and Friday. Cheers, Eric Seto, CPA CIM ------ In April, 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

Fed raised interest rates 0.25% today to highest since 2007 amid bank crisis. Fed insists to bring the inflation rate down to 2% while providing liquidity to banks.

Recently I have been looking at Canadian Banks P&L; their revenue, cash flow, dept to capital and their awesome dividends (4-7%) they are still very profitable!....is this a good time to buy more CAN banks? I feel like there is an overreaction carry over from the banking issues from the US. The only unsure is how does Canadian banks leverage their risks and investments. Which bank (out of the five ?) is best position to recover both in short term and long term outlook?

Congrats to the following 10 people on being the most contributing members in the community for February: 1. @Lindsay Talbot 2. @Sukhwinder Dhanoa 3. @Sandra Van Den Ham 4. @Marina Wong 5. @Eugene Voutchkov 6. @Nitin Bhat 7. @Rosebelle Ibiaz 8. @Ian Bliss 9. @Ray U 10. @Jody Riddell Thank you again for contributing! I (Michael) will contact you in the chat to provide you with the gifts You will get: 1. $25 Amazon gift card AND 2. One share of COCA COLA (KO) Here’s the Prizes for March 2023. Remember to keep participating! 1. $25 Amazon gift card AND 2. 1 share of SHOP Shopify (SHOP) is another great discounted stock that we analyzed within Investing Accelerator. It is rapidly growing with a solid business model and recurring revenue. If you don’t have SHOP, be sure to check it out! If you didn’t get the prize this month, don’t worry. Points are earned/given by liking posts or comments. 1 like = 1 point for the author. You can be the next top contributor for the 30 days (https://www.skool.com/invest-retire-community-1699/-/leaderboards) Cheers, Michael Team @Eric Seto

Bank of Canada published a summary Wednesday including concerns on potentially sticky inflation due to that the economy is still too hot. This implies a longer term of high interest rates and the inflation rate may not drop to 2% in the near future.

#Canada Income Tax Calculator Thanks for the income tax calculator link. In my case (living in Alberta) I am getting 31% of my RRSP contribution back in taxes. Never been able to max it out so far, but this is my goal for the next year.

Interesting visualization of bank failures for the last 20 years. Notice how there aren’t that many failures after 2008 1) will this be a new wave of bank failure? 2) what do you think will happen to smaller banks who can’t handle the withdrawal rate? Cheers Eric Seto, CPA CIM

Thanks Eric! I closed my MSFT MAR 24 2024 option with 18% gains.

For the last 3 months, the advanced monthly passive income strategy is working quite well. To be honest, I got a bit overconfident and become more aggressive in March. I was on a good path to making another 8% for March but i entered into one trade LLY which was hit by multiple black swans events. So for March 4, my gains so far are: - SCHW  (Feb 2 - Mar 4: 29 days)  - Price movement: from $76 to $77.41 (+1.8%) if only using shares - Monthly Passive Income gain: +10.84% - TMUS  (Feb  2 - Mar 4: 29 days)  - Price movement: from $150 to $141.90 (-5.4%) if only using shares - Monthly Passive Income gain: +12% - MSFT  (Feb  7 - Mar 4: 24 days)  - Price movement: from $267 to $249 (-6.7%) if only using shares - Exited at breakeven due to uncertainty - LLY (Feb 23 - Mar 2: 7 days) - Price movement: from $350 to $311 (-11%) if only using shares - Suffered a loss For LLY, it shortly got downgraded 2 days after I purchased it. Then LLY lowered the insulin cost by 75% which further tanked the stock price. When I was reflecting my trade for LLY, I know I was a bit more aggressive than I should have. Next time I will do better. At the end of the day, consistency is key for monthly passive income. It is important to manage my own greed and not to get too ahead of myself. I know I have the right tools in place to aim for trades with a win rate of 90% or higher. So I just need to stick to my rules and keep my emotions at bay. With the LLY loss, March looks like will be a month of breaking even for me even though I think S&P 500 will be bullish. I will keep you updated for now. I think I may be able to turn March around to a gain as we still have 3 weeks left. So even though I suffered some losses with LLY, March will still be a small 0-1% gain for me. Cheers, Eric Seto, CPA, CIM ------ In March, 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

As SVB collapse I previously explained here, my biggest concern is the following: What we know so far: 1. SVB is now shut down and being taken over by FDIC 2. Most of the deposits are not FDIC insured as they are mainly corporate accounts and well over the $250K limit 3. Example: ROKU has 26% of its cash stuck in SVB. CIRCLE (a crypto company for USDC) has its cash with SVB 4. Many VC and startup banks with SVB in California. This means these cash-burning companies are not able to access their cash. While Roku may only have 26% of its cash tied up in SVB, this means there are startups which has a significant portion >50% of its cash tied up in SVB 5. On the crypto side, USDC - a stablecoin is now de-pegged. It used to be $1 USDC to $1 USD. Now it is only $1 USDC to $0.93 USD 6. There are rumors/announcements that many start-ups will not be able to execute payroll next week 7. While FDIC insured can probably get their money back next week, most of the money will need to go through bankruptcy court which can take months or even years. Startups that are short on cash will not be able to wait that long 8. With equity markets down and debt interest rate being high, startups have nowhere to find additional capital other than VC or PE or Angel investors. I suspect a lot of VC will have their cash tied up in SVB as well. My biggest concerns: 1. Many tech startups will go under unless Fed comes in and bail them out 2. If many tech startups fail, then we will see mass unemployment in the tech sector. Even a big company like ROKU has 26% cash in SVB. We can imagine the % of cash in SVB for smaller companies will be much higher 3. Domino effect to other banks - Investors including institutions who purchased SVB will lose their investments. Now other analysts are looking at banks to evaluate whether they have a similar bank run risk. This is what I can gather for now. I think we are very close to a 2008 market crash. Safe investing, Eric Seto, CPA, CIM

Gold price reached US$1993, a 3.68% jump March 17, 2023. Gold price was ~US$1820 March 7, 2023. In less than 2 weeks, gold prices increased ~US$170 or 9.3%. Is this due to US bank problems?

Back to celebrating some long term investing case studies: 633 - Shashidhar made 15% from CLX in 1.5 months 634 - Barb made 166% from ATVI in 3 months 635 - Catalin made 55% from MRK in 11 months Just got back from Philippines not too long ago. It was my first time going and it is pretty awesome! To me, Philippines was always about beaches, sand, and sunshine. But this time, I stayed in Manila which is very modern My wife who visited 10 years ago said a lot has changed. The streets are clean, and the buildings are nice. There's quite a bit of traffic but I got to try some Filipino food which is great There's a good amount of economic activity in Philippines. Next time I go to Philippines - I will try to visit some of the islands around there. Hopefully ,my son will be able to walk by then (He is only 1) Next month - I am heading to Japan Tokyo for two weeks. If you got any recommendations for Tokyo, let me know.​ Cheers, Eric Seto, CPA, CIM In April, 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.

Bloomberg: Berkshire Hathaway Inc.’s Warren Buffett has been in touch with senior officials in President Joe Biden’s administration in recent days as the regional banking crisis unfolds. There have been multiple conversations between Biden’s team and Buffett in the past week, according to people familiar with the matter, who asked not to be identified because the information is private. The calls have centered around Buffett possibly investing in the US regional banking sector in some way, but the billionaire has also given advice and guidance more broadly about the current turmoil. https://www.bloomberg.com/news/articles/2023-03-18/warren-buffett-in-contact-with-biden-officials-on-banking-crisis Eric's comments: Biden's team is obviously doing everything they can to contain the banking exposure to avoid another repeat of 2008. The market in the coming weeks will be volatile but I think it will be overall bullish for the stock market as it is forward looking. Cheers, Eric Seto CPA CIM In March, 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.

Bank stocks halted. Crypto up. QE expected. Assets expected to go up...inflation seems deliberate policy and expected to go up endlessly. I see everybody heading for hard assets. Are stocks and options a good place to be?

In February 2023, the public debt of the United States was around 31.4589 trillion U.S. dollars, around 1.4 trillion more than a year earlier, when it was around 30 trillion U.S. dollars. The U.S. public debt has become one of the most prominent political issues in the States in recent years, with debate over how to handle it causing political turmoil between Democrats and Republicans. See the snapshot from the US debt clock....it is staggering to see some of these figures. I have also posted a picture of what $1 trillion dollars looks like in $100 bills. Gives you some idea of how big the US debt figure is.

Another week has passed and this week has seen both the financial and energy sectors being mostly negative. Some of the big stocks rebounded nicely and so did gold. Significant losses included: BAC -8.09% WFC -8.7% USB -18.8 % MET -12% XOM -7.3% COP -9.4% Stocks that had a good week included: MSFT +12.4% GOOG +12.5 AMZN +9% META +8.9% NVDA +12% AMD +18.3% NEM +14% FDX +9.5%

Thank you for taking your Sunday to help me analyze my portfolio. Lots to do this week to sort it out. Nervous about leaving Canaccord but I know I cannot stay there if I want to invest myself. A big leap.Thanks for the support.

Ouch....that was a painful week for investors and traders alike unless you shorted stocks or indexes. Significant looses included: TSLA -12.31% BAC -11.39% WFC -11.72% SCHW -24.1% CAT -11.0% Stocks that had a good week included: GE +5.35% INTC +3.11% AMD +1.41%

Signature Bank became the third regional bank to collapse in a matter of weeks, following the high-profile collapse of California-based crypto-friendly banks Silvergate Bank and Silicon Valley Bank, whose failure spooked investors wary of widespread financial vulnerability. Moral of the story (tounge-in-cheek) -> do not open a bank with a name starting with 'Si'!!!!!

I watched this YouTube video yesterday and found it very interesting and so wanted to share. Hope that is ok Eric (https://www.youtube.com/watch?v=lf-RVCtug10). I think Raoul presents some interesting commentary and his basket investment ideas should also give us some good ideas on possible future investment opportunities. He is in touch with a large number of investment / technology gurus across all industries and he has a good feel on current and future trends. Who is Raoul Pal? Raoul Pal is a former hedge fund manager and macroeconomic strategist who is well-known for his insights and analysis of global financial markets. He is the founder and CEO of Real Vision Group, a financial media company that provides in-depth interviews and analysis from industry experts. Before founding Real Vision Group, Pal worked as a macroeconomic strategist for some of the world's largest financial institutions, including Goldman Sachs, where he was a co-manager of the hedge fund sales business in Equities and Equity Derivatives in Europe. He also worked at GLG Partners, a London-based hedge fund, as a portfolio manager responsible for managing global macro funds. Pal is known for his macroeconomic analysis and his views on the global financial system. He has been featured in major financial media outlets such as CNBC, Bloomberg, and the Financial Times. He is also a regular contributor to Real Vision Group, where he shares his insights on global macroeconomic trends, cryptocurrencies, and other investment opportunities. Pal is a strong advocate for Bitcoin and other cryptocurrencies, and he believes that they are poised to disrupt the traditional financial system. He has also been a vocal critic of central banks' policies and their impact on the global economy. What is this video about? Amid massive issues with debt, aging demographics, broken political systems, and geopolitics, there are reasons to be concerned, but as Raoul points out in this mind-blowing video, there are also major opportunities for investors. It was recorded on 28 Feb 2023.

Just finished this week's coaching call in Investing Accelerator. This is the state of the market and why it is going up: - US bailout #1 and interest rate: Fed stepped in to guarantee SVB depositors and close down Signature bank. Currently, Goldman Sachs forecast US March interest rate hike to be zero (previously 0.25-0.5) - Swiss bailout: Credit Suisse received $54B borrowing from Swiss National Bank after its major investor refused backing - share dropped 20% but bounced back. ECB is ready to help banks if needed (just raised interest rate by 0.50 - remember ECB is lagging behind on interest rate increase) - US Bailout out #2: Provided 2 trillion low interest rate bank loans to banks to resolve the liquidity problem - New Zealand interest rate pause: Considering rate pause to avoid recession - Canada interest rate: paused  Compare to 2022, we observe that the central banks around the world are looking to save the market from recession and are willing to provide more liquidity (bailouts) to do so In Investing Accelerator, we have been accumulating our long-term positions for months which took advantage of the bottom formation. I don't think it is too late yet to invest in the market but you should do so quickly to capture the bottom before we experience a breakout. As I mentioned before 2023 will be a bullish year. Happy investing! Cheers, Eric Seto, CPA, CIM ---------- In March, 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.

Hey IR team, As I receive quite a few emails on how to achieve retirement and generate monthly passive income, here’s a guide on how to generate $1,000 per month using the basic monthly passive income strategy I teach in Investing Accelerator (Week 6). The free information I sent out in the MPI post already covered this but some of you needed a bit more guidance to generate result for yourself. So, here’s an example. First, you need: 1. Understand that selling put options allow you to receive interest as long as you have the cash available to buy 100 shares of the stock 2. Right now, Apple is $126 per share. So to execute this strategy and get $1,000 per month, you need approximately $33,000 3. $33,000 * 3% = $1000 per month 4. So where do you find this option contract? 5. You go to Apple option chain and look for 1 month away from now (Feb 3, 2023 is what I am using as an example) 6. You scroll down to find Feb 3 2023 7. Then you look for a put option that gives you 3% return. 8. In this case strike $120 gives you an interest of $3.35 per share (2.79%) – refer to the image I screenshot from MarketWatch 9. 1 option contract is 100 shares 10. So you sell 3 puts of strike $120 for $3.35 11. This will require capital of $120 * 100 * 3 = $36,000 12. This will give you interest income of $3.35 * 100 * 3 = $1,005 13. Once you enter this trade, your account cash balance will increase by $1,005 immediately as money is immediately deposited into your account (magical isn’t it) 14. If your option expires by Feb 3 2023, you rinse and repeat the steps There’s a few more details in terms of timing, portfolio management, risk management that I teach in Investing Accelerator. But with basic monthly passive income week 6, the steps I laid out for you above can already get you very close to retirement. I will help you make the connection here: $33K for $1K per month of income $66K for $2K per month of income $100K for $3K per month of income Instead of saving $1M, using basic monthly passive income – most people can retire with $200K - $300K portfolio (aiming for $5K to $10K per month)

As Fed stepped in to save the market (people deposits in Silicon Valley Bank - see my previous post), the inflation year over year for the month of Feb is 6%, which the forecast was 6% as well. This leads to a market rally. While we were discussing potentially how to short the market in Investing Accelerator, the market quickly turnaround and limited any shorting / hedging opportunities. This is good as I am overall bullish for the market. Fed bails out will help most of the long term portfolio to grow in the coming months. Next week will be a week of interest rate increase announcement. Previously Goldman Sachs forecast Fed to increase rate by 0.25% Given that Fed is bailing these banks, now the traders are expecting an overall 0.5% to 0.75% interest rate CUT for this year. For the March interest rate meeting, my forecast would be no interest rate increase which will lead to a further market rally. What do you think? Cheers, Eric Seto, CPA CIM