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Owned by Eric

Invest & Retire Community

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Investment & Retirement Strategies for busy full-time professionals. Long-term investing & Monthly Passive income ideas.

Investing Accelerator

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Investing Accelerator by Eric Seto - Student-only community

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832 contributions to Invest & Retire Community
What it feels like to make $100,000+ a month?
Recently, I reached over $100,000+ a month in September. So what does it feel like? Peace. Serenity. Calm. 15 years ago, I used to work at a supermarket for $20 an hour. Last month, I made well over $100,000. (closer to $300,000). I didn't work more hours. I didn't answer calls nonstop I didn't ​work in a corporate job 9-5 I simply solidify my systems. Success is about Capital Analysis Execution Capital (Your retirement accounts or margin accounts) Analysis (Technical, Fundamental, Options, Macroeconomics) Execution (Controlling your emotions, Building in controls to prevent myself from making mistakes) In the last two months, I developed various controls to stop myself from making mistakes. And as a result, I made over $100,000+ this month using "Capital, Aanlysis, Execution"​ Cheers, Eric ----- Eric Seto Chartered Professional Accountant (CPA) Chartered Investment Manager (CIM) Founder of 5MinInvesting.com In October, 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. Here's a step by step guide on how to join Investing Accelerator for free: https://www.skool.com/invest-retire-community-1699/how-to-join-investing-accelerator-for-free 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.
1 like • 20h
@Victoria Minich Yes
2 likes • 14h
@Sa L congrats It’s my long term portfolio
Income vs net worth goals - why income is more important
I used to be the one who wanted to have a net worth of millions and then RETIRE. The problem with $10M or $20M or $1M net worth is what happens after you achieve it The traditional finance method teaches you that you can withdraw 4% safely putting it into bonds and mutual funds "without any thinking, strategy or risk" However, this also leads to a very high net worth goal which means you need to save and work till you're 65 or 70. The better approach is to focus on income ($100K a year, $10K a month or $20K a month) This puts control back into your life. You can improve your investing strategy to generate 3% a month with $300K ($10K a month) You can buy a e-commerce business with a few products You can buy ATMs in your local region You can do Airbnb rental When you focus on income, you have control, flexibility and you have a faster way to improve If you only focus on net worth, then reaching $10M - you would switch to a "safer" vehicle and retire. Then you will end up working a lot more than you need to.​ In other words, $10M net worth* 4% = $400K a year There are more creative ways to generate $400K a year without $10M.​ Cheers, Eric ----- Eric Seto Chartered Professional Accountant (CPA) Chartered Investment Manager (CIM) Founder of 5MinInvesting.com In October, 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. Here's a step by step guide on how to join Investing Accelerator for free: https://www.skool.com/invest-retire-community-1699/how-to-join-investing-accelerator-for-free
4 likes • 1d
@Rose B these are goals - not necessarily strategy Goals should be income base which allows you to have various strategies then to achieve the goal
4 likes • 1d
@Rose B yes the focus should be acquire cashflow generating asset or strategy instead of working
Question
Hi Eric, in your video https://youtu.be/kmilnieq58k?si=x6NiFgAdzLBRR7sc, Day Trader vs Long Term investors (posted 4 years ago), you mentioned that day trading=employment income. My question is why employment income and not business income? Is that significant between employmentincome vs businessincome? @Eric Seto
2 likes • 2d
Day trading = business income In case I misspoke
Stepping into Q4 - What to expect - SANTA!
As we step into Q4, the market is at an all the high However, the market isn't dropping because it is missing a catalyst Thus, we want to stick with our long term positions and stay conservative. No need to try anything advanced until we see a pull back. Historically, Q4 is a good quarter because of santa rally (where the market generally goes up A LOT in November). So if you are still behind in this year's performance, focusing on getting November right will bring you all the way back up Even though September was fairly bullish, I still expect a good November (and santa rally) However, if there's any sign of a turnaround, we can always exit and hold more cash. ​ Cheers, Eric ---- Eric Seto Chartered Professional Accountant (CPA) Chartered Investment Manager (CIM) Founder of 5MinInvesting.com In October, 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. Here's a step by step guide on how to join Investing Accelerator for free: https://www.skool.com/invest-retire-community-1699/how-to-join-investing-accelerator-for-free 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.
4 likes • 5d
@Monica Bernard it needs a reason to drop
If you could go back and change ONE investment decision, what would it be?
If you had a do-over button for just one investment decision in your life, what would you change—and how would it have impacted where you are today?
7 likes • 5d
I would fail faster and use more data driven analysis The only thing I want to go back in time is to speed up my learning curve
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Eric Seto
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Your favorite CPA on YouTube. Join the Invest & Retire community: https://bit.ly/3C05J1G. Founder of 5mininvesting: https://bit.ly/3C1Z07w

Active 8h ago
Joined Dec 23, 2022
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