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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.

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621 contributions to Invest & Retire Community
You need to make passive income before AGI comes in "2026​"
You need to make passive income before AGI comes in "2026​" AGI is Artificial General Intelligence. It is the super intelligence that everyone loves or fears. The western world is built on capitalistic ideals. This means money (aka capital) is the key driver of the economy. It is not about ​​​​​​how many hours you work, how hard you work but rather how much capital you have and how you deploy it. (Don't get me wrong - I value hard work and I work on my business every day. But a capitalistic society is about investing capital correctly) AI agents - basically robots that can perform a series of tasks and analyze it with AI will be phasing out "labour" in the economy. Repetitive tasks get automated. Manual tasks are done by robots (cost $15,000 each)​​​​​​​​​​​​​​​. Customer service is now done by AI chatbot (I love interacting with them but this means there are less customer services jobs) ​So if AGI arrives in 2026, this means there will be mass unemployment as society takes time to adjust. In case you get laid off (touch wood), you need to learn how to make passive income now. Computer programmers already know the number of job posting decline signiifcantly. 25% of Google's new code is writtern by AI. Nvida uses AI to design new chips Accountants already know 80% of their work are offshored to delivery center and more will be automated Doctors are now using AI to identify cancers and lawyers are using AI to draft agreements / summarize them. My friend who is using AI to write code save hours in coding. I personally use AI to code (even though I have a basic coding background). I use AI to do video editing even though I am not trained in film school. I use AI to write emails / draft legal agreements and more.​​ In other words, the "mass labour" component is being phased out. We are frantically searching for new work, new ways to do things and searching for more innovation.​ Before we figure out how society will adjust to this change, it is important that you develop multiple streams of income.
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New comment 12h ago
3 likes • 18h
@Gannayya Bommali What if I develop an AI myself? Then it's possible to create something similar to me (perhaps)
YouTube - How to get 20% dividend from Investing Accelerator (Fund)
It's not often you get a 20% dividend per year. But now you can with Investing Accelerator. Here's how - https://5mininvesting.com/free-demo-for-investors/ ​​ 2024 has been a good year. The AI strategy developed within Investing Accelerator has achieved more than​ 20%+. Since we raised $500K from Angel investors, I've been paying out an annualized dividend of 12%. In 2025, I plan to upgrade this dividend from 12% to 20%. ​If you want to be an early investor and get a dividend of 20% per year, then Here's how - LINK ​ In this video, you will learn how I am approaching the hedge fund space with a low cost and predictable return strategy. You will learn why you pay 86% less fees with Investing Accelerator You will learn how you can compound your retirement account tax free at 20% per year If you invest $200K making 20% per year, that would be $40K per year ($3.3K per month). This will allow you to achieve your retirement goals significantly faster. For now, accredited investors only with taxable accounts. Self directed IRAs are coming soon Then RRSP and TFSA Here's how to get 20% dividend from Investing Accelerator Cheers, Eric
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New comment 3d ago
YouTube - How to get 20% dividend from Investing Accelerator (Fund)
4 likes • 3d
@Monica Bernard Yes - I guess it boils down to this: 1. SPY 13% 2. QQQ 14% 3. Hedge fund 15% (due to its hefty fees) 4. Investing Accelerator 20% (with only 0.5% fee) So if both the hedge fund and I make 20.5% return The hedge fund gross 20.5% - 5.5% in fees = 15% Whereas Investing Accelerator is 20.5% - 0.5% = 20%
Even the market pulled back last week, I am still bullish in the next 3 weeks
The market gained a lot of ground after the election result - mainly because there is a lot less uncertainty around the political environment ​​However, inflation was slightly higher than expected and Fed announced that they are not in a rush to lower interest rates. Hence the market went down last week. For the next 3 weeks, I am still bullish on the overall market and will continue to hold the positions. ​​ I forecast that the trend should resume and we haven't seen the final top for 2024. ​ Cheers, Eric ---- Eric Seto Chartered Professional Accountant (CPA) Chartered Investment Manager (CIM) Founder of 5MinInvesting.com In November, my goal is to help 5 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. Schedule a call here: https://bit.ly/48mJlgR Remember to go to the Classroom tab for additional investing resources.
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New comment 2d ago
Sherrie made 35% from TSLA 25% from GOOGL and 22% from MSFT in 2 months
779 - 781 Sherrie made 35% from TSLA 25% from GOOGL and 22% from MSFT in 2 months For long term investing, it is often "easy" to post about these gains within the community. We use options to multiply our return and we hold good blue chip companies until we reach 20-30% return. For monthly passive income, it is about consistency. ​3% a month. 1 trade a week. That's the routine you need to succeed. For long term investing, it is like a hunter waiting for his prey to show up. Only shoot when you have a 90%+ probability of winning. Monthly passive income is more like working out and exercising. Going to the gym once a week and you will see your muscles grow over time. ​ ​​​​​​​​​What do you prefer? Large gains? or consistency? Cheers, Eric ---- Eric Seto Chartered Professional Accountant (CPA) Chartered Investment Manager (CIM) Founder of 5MinInvesting.com In November, 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. Schedule a call here: https://bit.ly/48mJlgR Remember to go to the Classroom tab for additional investing resources.
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New comment 3d ago
Sherrie made 35% from TSLA 25% from GOOGL and 22% from MSFT in 2 months
Health before wealth. A healthy person has a thousand wishes, but a sick person has only one
A healthy person has a thousand wishes, but a sick person has only one As my parents get older, ​​​​health issues start to arise. It is important to earn money but also don't spend your entire life doing it. Making money is hard. But making money is also easy. ​It's hard because it takes time an knowledge to develop a system that makes money It is easy because once you have a formula, you can consistently make money. Take ​monthly passive income for example. A student joined Investing Accelerator a month ago - copies my trade: 1st trade 10% in 30 days 2nd trade 4% in 25 days​​ Both trades with a higher than 90% probability.​​​​​​​​​​​​​​​​​​ Once you have such superpower (and knowledge), then the question becomes - how much health and time are you willing to sacrifice for your goals?​ As you can make more money passively, you will realize time and health are the two true measures of wealth that money can't buy.​ Cheers, Eric ---- Eric Seto Chartered Professional Accountant (CPA) Chartered Investment Manager (CIM) Founder of 5MinInvesting.com In November, 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.
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New comment 7d ago
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Eric Seto
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2,423points to level up
@eric-seto
Your favorite CPA on YouTube. Join the Invest & Retire community: https://bit.ly/3C05J1G. Founder of 5mininvesting: https://bit.ly/3C1Z07w

Active 12h ago
Joined Dec 23, 2022
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