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
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Eric Seto
Chartered Professional Accountant (CPA)
Chartered Investment Manager (CIM)
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.
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)