Monthly passive income return: +50.80% this year.
As the year is coming to a close, I am happy to report my monthly passive income return is +50.8% this year. As of right now, S&P 500 return is +19.8%. Overall, this year - the monthly passive income strategy is more volatile than expected. I had to redesign and implement some new rules to further increase the profitability. While the advanced monthly passive income strategy offers a decent return, there are certain months where I would want to avoid using the strategy. Overall, I am done with monthly passive income trades this year and I will spend December planning for 2024. Have a great holiday. Cheers, Eric Seto, CPA, CIM ----- In December, my goal is to help 20 people without a financial background to master investing Investing Accelerator is designed for people without a financial background. Here's the link to the webinar: https://bit.ly/3i9QT1V We focus on developing financial independence, where you have the ability to invest to earn a higher return. 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 such as mortgage, utilities, car payments. 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. Here’s the link to schedule a call: https://bit.ly/3Ro3KfH