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1 contribution to Invest & Retire Community
Trump dismantling the US economy
As Trump takes over White House for around a week, he has: 1. Pause funding for scientific research 2. Pause funding for student loans 3. Issue "buyback" for federal workers 4. Hiring freeze for federal gov agencies (anyone who is on probation is terminated) 5. Starting random tariff wars (which also caused soaring egg prices) 6. ​Removed the reporting unit for bird flu (COVID 2.0) 7. Remove life-saving insulin cap of $25 a month (which will bounce back to $1500 a month)​ (And much more)​​​ So far, the market hasn't reacted negatively to Trump yet. As I expected, there's a delay between issuing executive orders and a market crash. ​As you remove the building blocks of the USA from the bottom, the castle topples. ​So the question becomes - when should you short the market? It is a matter of timing. Cheers, Eric ---- Eric Seto CharteredĀ Professional Accountant (CPA) Chartered Investment Manager (CIM) Founder ofĀ 5MinInvesting.com In February, my goal is toĀ help 20 people without a financial background to master investing through Investing Accelerator. Investing Accelerator is designed forĀ people without a financial background. The goal is to achieve 30% return per year. In the first phase, you will learnĀ long term investing and targeting 30%Ā for tax free compound growth. This will help accelerate your overall wealth. In the second phase, you willĀ learnĀ monthly passive incomeĀ 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, thenĀ let's hop on a callĀ to see if you can benefit from the strategies in Investing Accelerator and get 30% per year. During the call, we willĀ 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. Schedule a call here:Ā https://bit.ly/48mJlgR
3 likes • Jan 28
Yeah… is it good idea to sell the stocks and be in cash in all accounts?
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Investing Turtles
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@investing-turtles-5129
I'm cool guy working in IT and just started investing journey and little late in the financial game.

Active 4h ago
Joined Aug 28, 2024
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