As the market has been stabilizing, we are restarting the monthly passive income strategy.
Here are some of the recent trades we made:
AAPL +6% in 37 days expired last week with full profit
BRK.B +7.3% in 64 days expiring this week with full profit
COST +10% in 53 days expiring this week with full profit
For the monthly passive income strategy, we focus on entering one trade a week and finding trades with a probability higher than 90% (ideally 95%)
We mainly focus on blue chip companies when they are at a good price to further enhance our win rate and lower our risk
So the monthly income formula is:
Blue Chip + Good price + Selling options = High win rate with predictable cashflow
Cheers,
Eric
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Eric Seto
Chartered Professional Accountant (CPA)
Chartered Investment Manager (CIM)
In September, my goal is to help 10 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.