Long term investing: +20.91% in November 2024
For this long term portfolio, it focuses on buying indexes when they are at a discounted price. It also multiplies its profits through leverage as well. For November, this portfolio grew 20.91% (I have a few portfolios) This is covered during our weekly coaching call where we do S&P 500 monthly forecast. My forecast sets the general tone of the market whether we should buy, hold or sell. Then whenever we see a discounted opportunity, we buy. Basically - the core principle of investing - Buy low, sell high. The magic is in the accuracy and understanding of macroeconomic events to assess the market reaction. Cheers, Eric ---- Eric Seto Chartered Professional Accountant (CPA) Chartered Investment Manager (CIM) Founder of 5MinInvesting.com In December, 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. 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. (If you want to be a shareholder of Investing Accelerator and get 20.5% dividend (monthly distribution), $200K investment would be $40K in dividends per year. you watch the investor presentation here: https://bit.ly/3CKVp0R)