4 lessons from making 40% to 55% return in 2024
As of today (Dec 4), my portfolio: Monthly Passive Income Strategy (1 trade a week): +55% Long-term smart index funds: +46% When it comes to Finance and Investing, it boils down to a few core lessons (from easiest to hardest): 1. Diversification - Anyone can do this by investing in index funds and avoiding being exposed too much to individual stocks. Most financial education stops here 2. Leverage - Using leverage or profit multiplier option is a double-edged sword. If you use it right, you can 2x to 3x your return 3. Avoiding bearish periods - During a bull period, you hold and you should be on par with the market. During the bearish period, this is where you shine simply by holding cash (or even short the market). This is harder than 1 and 2 4. Monthly Income Options - With 1 trade a week and options, you can design your retirement strategy and achieve a more predictable cashflow. This allows you to pay bills, mortgages and travel. Those are the 4 key concepts you must master to master investing. Turns out - it's only 4 things. Cheers, Eric ------ Eric Seto Chartered Professional Accountant (CPA) Chartered Investment Manager (CIM) Founder of 5MinInvesting.com In December, 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.