Investing During Recessions - How Should Investors Prepare?

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  • čas přidán 17. 06. 2024
  • This video is sponsored by Blinkist - click the link to start your 7-day free trial and get 25% off a premium membership: www.blinkist.com/theplainbagel
    00:00 - Introduction
    01:22 - Recessions and the current environment
    03:28 - Timing the market
    05:03 - Safe havens
    06:15 - Sector rotation
    07:16 - Why recession-based investing is misguided
    09:33 - 1) Review risk tolerance
    10:46 - 2) Review risk position
    11:53 - 3) Take advantage
    12:28 - Conclusion
    If you'd like to support the channel, you can do so at / theplainbagel :)
    DISCLAIMER:
    This channel is for education purposes only and does not constitute financial advice - Richard is not responsible for investment actions taken by viewers. Please seek out a registered advisor if you require assistance (while Richard is a registered portfolio manager at WDS Investment Management, he does not provide advice through The Plain Bagel, which is not affiliated with his employer).

Komentáře • 457

  • @ThePlainBagel
    @ThePlainBagel  Před rokem +24

    Happy Friday! Visit www.blinkist.com/theplainbagel to start your 7-day free trial of Blinkist (today's sponsor) and get 25% off a premium membership.

    • @0DTEVIXCALLS
      @0DTEVIXCALLS Před rokem

      Bro Milton Friedman the father of the modern sweatshop?

    • @yeis0n8
      @yeis0n8 Před rokem

      Idiosyncratic risk? I like your funny works magic man

    • @terminator12cbw
      @terminator12cbw Před rokem

      I was wondering if you could do a overview of your day Job, Thank you

    • @costanzojr
      @costanzojr Před rokem

      Thank you for another great video, Richard. It would be interesting to hear in one of your next videos what your thoughts are about tilting towards Small Cap Value. And about factors in general.

    • @moneymaker-avilev636
      @moneymaker-avilev636 Před rokem

      If something seems too good to be true, then it probably is🔥.I don't know who, but someone actually needs to hear this, you've got to stop saving all your money. Venture into investing some, if you really want financial stability

  • @JoselitoBurrito
    @JoselitoBurrito Před rokem +204

    "What's your risk tolerance?"
    Crypto investors: yes 👍🏻

    • @uFFFO
      @uFFFO Před rokem +21

      Not investors... Speculators. Moon boys. Crypto bros. Bag holders.

    • @AApyrofreak
      @AApyrofreak Před 15 dny

      @@uFFFO Ah yes. Because trad-fi is not a elitist casino.
      The 2008 crash didn't happen because of greedy bankers, brokers and regulators leveraging the whole market to the ground.
      Crypto is just a term for a digitally protected and transferable asset. Plenty of crypto coins operate like regular stocks (+additional benefits), with a company that has cash-flow behind it. Solana Labs makes around $66M in revenue yearly for example.
      Bitcoin is capped at 21M coins.
      USD is capped at infinite bills.
      USD went from 6T circulating bills to 18T circulating bills the past 4 years.
      Keep making fun of us. Your comments will age like milk.

  • @CarlBranco
    @CarlBranco Před rokem +350

    This channel should be included in high school curriculum for grades 11 & 12.

    • @jfjoubertquebec
      @jfjoubertquebec Před rokem +3

      I'm actually going to be using that way (advanced ESL classes)...

    • @Smoove_J
      @Smoove_J Před rokem +14

      High school is such a waste. Every student should learn nutrition, exercise, conversation, budgeting, finance, car maintenance, home repairs, and basic options trading.

    • @jfjoubertquebec
      @jfjoubertquebec Před rokem +30

      @@Smoove_J No.

    • @pongop
      @pongop Před rokem +3

      It's interesting how financial literacy is no longer taught in most US schools

    • @ARZiehm
      @ARZiehm Před rokem +24

      As someone who teaches high school, they’d have to care first. 11th graders have no money of their own (usually) and thus have no reason to care when great information is in front of them. They won’t pay attention until it affects them, or they have jobs of their own. The apathy is off the charts no matter how riveting or valuable the content is.

  • @charliehunnam5187
    @charliehunnam5187 Před rokem +1283

    Federal Reserve may soon lose control of interest rates, claims Heresy Financial. This comes as a result of the United States government's intention to embark on a $1 trillion borrowing spree. This might cause the banking sector to lose so much liquidity that rates spiral out of control and are no longer in the control by the federal reserve. I'm sorry to say that despite investing, I lack the mental capacity to evaluate each company's performance and decide whether or not now is a good moment to acquire stocks. My reserve of $650K is being wiped out by inflation and the recession. Sincerely, I have no idea what to do.

    • @donalddavis4387
      @donalddavis4387 Před rokem +1

      According to Bipan Rai, North America director of FX strategy at CIBC Capital Markets, "there is growing concern that incoming data is showing that the Fed might be a little bit behind the curve than maybe they expected heading into this year."

    • @madhav411
      @madhav411 Před rokem +1

      "There's more and more of a concern that incoming data is revealing that the Fed might be a little bit behind the curve than maybe they expected heading into this year," said Bipan Rai, North America head of FX strategy at CIBC Capital Markets.

    • @cooperhayes7055
      @cooperhayes7055 Před rokem +1

      I concur with you as well. I prefer to have an investing coach's advice in my day-to-day investment decisions because their skill set is based on short- and long-term holdings for profit realization and their unique analysis makes it practically impossible for them to underperform. My coach and I have been working together to invest for literally four years, and we have already generated over $1 million in net profits.

    • @jessicasam2516
      @jessicasam2516 Před rokem

      We're only just an information away from amassing wealth, I know a lot of folks that made fortunes from the Dotcom crash as well as the 08' crash and I've been looking into similar opportunities in this present market, could this coach that guides you help?

    • @aarondaniels5525
      @aarondaniels5525 Před rokem

      Thanks for the advice. The search for your coach was simple. I researched her well before arranging a call with her.
      Considering her resume, she appears knowledgeable.

  • @aaronloh321
    @aaronloh321 Před rokem +17

    This is the most handsome financial nerd with prudent, sound and wise advice for investing!

    • @ThePlainBagel
      @ThePlainBagel  Před rokem +12

      That's a very niche category, but I appreciate the compliment nonetheless :)

  • @Mhousley
    @Mhousley Před 10 měsíci +19

    Investing in equities has always required riding out the ups and downs. So when fear is high, it may be time to be contrarian: investors should consider it an opportunity to not only stay invested, but to also buy while prices are depressed.

    • @TipParty
      @TipParty Před 4 měsíci +4

      “In the short term the stock market is a roulette wheel, in the long term it’s a money printing machine”…. Said someone richer than me.

    • @LiquidityOcelot
      @LiquidityOcelot Před 4 měsíci +2

      There are so many ways to go about this thing. Most important aspect is to fund the portfolio as much as possible, you’ll be a happy camper if you stay the course. Minor adjustments are cool, but timing the market will steal a lot of your wealth.

    • @Mhousley
      @Mhousley Před 4 měsíci +2

      If you’re investing for the long term, a looming correction or recession shouldn’t panic you. As a rookie you may want to consider buying recession-friendly sectors such as consumer staples, utilities and healthcare. Stocks that have been paying a dividend for many years are also a good choice. These tend to be long-established companies that can withstand a downturn.

    • @brianyule1289
      @brianyule1289 Před 11 dny

      This is the Plain Bagel-est advice.

  • @x0Kamix0x
    @x0Kamix0x Před rokem +8

    I'm honestly glad I've found this channel. I'm so sick and tired of clickbait content.

  • @hakim6158
    @hakim6158 Před rokem +301

    Ah yes. The 3 great minds of finance: Bury, El Erian, and Meet Kevin.

    • @JL-ep6op
      @JL-ep6op Před rokem +33

      Lol, one of those does not belong.

    • @floridaray3380
      @floridaray3380 Před rokem +25

      Meet Kevin?! Joker, how much FTX did Meet Kevin sell you on?

    • @danb8606
      @danb8606 Před rokem +31

      Meet Kevin is pretty awful, and horrible stock picker

    • @lreyhons
      @lreyhons Před rokem +16

      Yes Dr Bury, Professor El Erian, and a guy who died his hair pink

    • @abhinavmelathil366
      @abhinavmelathil366 Před rokem +7

      @@lreyhons RIP to Kevin’s hair.

  • @ShannonWare
    @ShannonWare Před rokem +128

    Doing the sane, reasonable, and prudent thing for a long time is hard. Believing the hype and jumping on the bandwagon is easy. Just ask Kevin O'Leary. His due diligence for FTX was that other "investors" (gamblers) were eager to get in on it... 1929 to today, the more things change, the more they stay the same.

    • @outerspaceisalie
      @outerspaceisalie Před rokem +5

      "history never repeats but it sure does rhyme"

    • @ShannonWare
      @ShannonWare Před rokem

      @chibuezeiroh5997 Liar liar pants on 🔥🔥🔥🔥

  • @alexandercallender9647
    @alexandercallender9647 Před rokem +90

    Richard, you're great at what you do and its always a treat when I get the notification for a new video. Thank you!

  • @MrDPMan3000
    @MrDPMan3000 Před rokem +80

    Thank you Richard. Lessons like what you discussed in this video are an important reality check for many trying to "prepare" but in reality can end up harming themselves.

    • @jimbojimbo6873
      @jimbojimbo6873 Před rokem

      Stocks have gone down c.20%
      This is a good time to invest

    • @thelawenforcerhd9654
      @thelawenforcerhd9654 Před rokem

      It really just sounds like wall st approved crap anybody can get off wikipedia.

  • @rakynthosdarkkon1519
    @rakynthosdarkkon1519 Před rokem +38

    I was half-expecting a Masterworks ad read after he mentioned fine art as a safe haven investment.
    Glad it didn't come. I'd love to see some real DD done on that company. They give me slimy vibes but I honestly don't have a solid reason why they shouldn't be any good.

  • @MJ-uk6lu
    @MJ-uk6lu Před rokem +24

    Exactly the same as always. Stay the course and happy Bogling.

  • @richardbartolo8754
    @richardbartolo8754 Před rokem +6

    Great video once again...
    For over 30yrs I've been contributing into a company sponsored RRSP. I've watched the market go up and down. Through it all I just let it ride and sure enough with every drop in value it roars back shortly after. I worried with first couple drops but now I know that every pay I'm just buying more units and when it comes back look out.

  • @t1ml33mcd
    @t1ml33mcd Před rokem +9

    Its good hearing all this. I have a few etfs and some long term held companies and when going through them I didn't really feel compelled to sell any of them due to a possible recession. Likewise I have some managed rrsps from a few places that I dont plan on adjusting contributions to. I have about 30% of my self managed portfolio cash and I think I will just continue adding more of what I have already if they dip. Time in the markets should smooth out any short term rollercoastering

  • @michaelmackinnon1198
    @michaelmackinnon1198 Před rokem +1

    Like that you used the Shiller PE ratio. The Mazda ad in the screen shot was 👌

  • @caseymarion7273
    @caseymarion7273 Před 10 měsíci +1

    Thanks for this level headed presentation, people are freaking out and it’s hard not to panic. You got a new sub today

  • @plastelina_ytb
    @plastelina_ytb Před rokem

    Excellent video... Thanks buddy!

  • @sa3eedi979
    @sa3eedi979 Před rokem

    This is a great video, thank you

  • @suec3215
    @suec3215 Před rokem +1

    Great video. Thank you

  • @jebjim9391
    @jebjim9391 Před rokem +6

    As a "sort of semi-seasoned investor", most of the topics you cover aren't new to me but I enjoy them.

  • @justcommenting4981
    @justcommenting4981 Před rokem +1

    Reasonable video. Concrete advice towards the end. Good.

  • @muddywatersbookshelf7758

    Very thoughtful. Thank you

  • @py6328
    @py6328 Před rokem +2

    glad to see another good video

  • @michal_kowal
    @michal_kowal Před rokem +87

    I've been investing in S&P500 ETFs and I will be doing exactly what I've been doing so far; continue dollar cost averaging and going through the recession as if nothing happened.

  • @Finkeldinken
    @Finkeldinken Před rokem +17

    This is very interesting, and I learned a LOT.
    Richard Bagelfiend, have you ever made videos on how to gauge how we as potential clients choose the right person to handle our investments if we choose to delegate it?
    What are some dos and don'ts, red flags, and such?

  • @JeffWaltzer
    @JeffWaltzer Před rokem +3

    Thanks!

  • @jasminerose6658
    @jasminerose6658 Před rokem +4

    This is an absolutely fantastic video! Thank you so much!

  • @pongop
    @pongop Před rokem

    Excellent video and great LOTR clip!

  • @SSSaturnGirl
    @SSSaturnGirl Před rokem

    This was pretty helpful. I’ve been very worried. ❤

  • @vassilshushkov140
    @vassilshushkov140 Před rokem +4

    Yet another excellent video from this channel!

  • @pocok5000
    @pocok5000 Před rokem

    this is the only channel I know whee the sponsored content is actually useful

  • @MrAxeloskar1
    @MrAxeloskar1 Před rokem

    Another well made video

  • @Bess2k2
    @Bess2k2 Před rokem

    Great video

  • @AlexanderPetersonml
    @AlexanderPetersonml Před rokem +13

    It's funny, in late 2019 I asked in a forum if I should move my 401(k) into bonds because it seemed like the market was due for a crash, and someone told me "don't try to time the market" and I thought fair enough, I'll leave it alone. Then March 2020 came around, and I saw the crash I was waiting for, and wondered if I should have made the move. But the 10 best days thing is pretty compelling to me, and I realized that once that crash happened, I might have been constantly second-guessing myself on the right time to go back into the market, adding much unneeded stress to my life.

  • @bluecubeist
    @bluecubeist Před rokem +2

    Beautiful summary of the intelligent investor

  • @oliviercantin5926
    @oliviercantin5926 Před rokem

    great video! would be nice to know more about the graph you showed/sources

  • @Financial-Education101

    Hard times so reviews can create new generations of wealth, great video

  • @isabelgarciamendez3892

    So professional!

  • @ArmirSaraci
    @ArmirSaraci Před rokem +6

    Awesome video as always, sound advice without unnecessary flourish 👍👍👍

  • @thinkprotoss
    @thinkprotoss Před rokem

    Thank you.

  • @raosiddharth4726
    @raosiddharth4726 Před rokem +5

    Mr.. bagel, you truly said it like a professional. I am glad I am subscribed to your channel and pursuing cfa. Thank you for your content

  • @fransamson
    @fransamson Před rokem

    7:02 Made me chuckle. I always suspected this. Just ride the wave man

  • @joshs088008
    @joshs088008 Před rokem

    I like your videos, I am a self taught investor, did it for a quick dollar in 2020 crash, it has gone very well, actively monitering my less than 10 stocks, now trying to learn more but I either face people who clearly don't know, or you who confirms my mindset.

  • @SP3NTT
    @SP3NTT Před rokem +1

    Always nice to gain some insights that I can take back and use with my clients.
    Good video

  • @getsomefood
    @getsomefood Před rokem +1

    Great reassuring video! Thanks 🙏

  • @floridaray3380
    @floridaray3380 Před rokem +11

    My port has been in a recession since start of 2022

  • @NiklasAndersson7
    @NiklasAndersson7 Před rokem +3

    Good video. I just keep doing what I am already doing. Buying every month, reinvest dividends. Interesting observation is that the ^VIX-index is pretty calm. I was expecting more action there...

  • @jroig824
    @jroig824 Před rokem

    As down to earth as always. So much needed on yt. Thanks

  • @svengrot7943
    @svengrot7943 Před rokem +68

    It's a good time to take a beat up 401k and do a Roth Conversion if your stocks are really beaten down. Then you'll only pay taxes on the much lower current prices, and your Roth will be tax free.

    • @baileymclean8186
      @baileymclean8186 Před rokem +1

      Precisely! Our main focus at the moment should be strategies to manipulate our current situation, many people are making millions from this down market, but information like this doesn't make the news.

    • @roseroland1998
      @roseroland1998 Před rokem +4

      @Lloyd Bernard The uncertainties that come with this current market are yet another reason why my daily investment decisions are guided by my investment advisor; "JILL MARIE CARROLL" as HER entire skill set is built around being long and short at the same time, using both a profit-driven strategy and removing risk as a hedge against the inevitable downtrends, coupled with proprietary insights/analysis, it is utterly impossible not to outperform. Brought in over $1.5 million in ROI, since using my investment advisor for about 2 years.

    • @lisaollie4594
      @lisaollie4594 Před rokem +1

      @@roseroland1998 Nice one mate, what is the procedure with your investment adviser like?

    • @roseroland1998
      @roseroland1998 Před rokem +3

      @@lisaollie4594 It's a fairly simple process, my portfolio only reflects what she trades, not just some particular securities of my choice. "JILL MARIE CARROLL" has been amazing so far, she has influenced my portfolio a lot.

    • @lisaollie4594
      @lisaollie4594 Před rokem

      @@roseroland1998 That's fine, I curiously looked up the name and came across her webpage, her credentials/testimonials seem solid with positive reviews, I just left her a message & hopefully she responds soon. Thanks a lot

  • @Thomas-po4ex
    @Thomas-po4ex Před rokem +3

    Nice to have someone actually explain instead of fear monger about the market crashing and to sell everything in the headline. I have personally been investing pretty aggressively in the stock market this year. I am in my mid 20's and I see no reason why I should not be able to weather this storm even if it takes a while to make my money back. As long as I have decent savings for any emergency no reason not to weather the storm especially since I mainly invest in the general market and not specific sectors. I am thinking of slowing down some next year though and focusing more on paying down my debts so if anything bad were to happen with my situation I would not need as much money just to survive.

  • @hyakushiki23
    @hyakushiki23 Před rokem +1

    Always good to watch an old school style episode richard

  • @YannMetalhead
    @YannMetalhead Před rokem

    Good video.

  • @sitrakaforler8696
    @sitrakaforler8696 Před rokem +3

    When it rains. You better be prepared, but you will never avoid the rain.

  • @vicentecabrera9245
    @vicentecabrera9245 Před rokem +3

    Having dry powder is very important right now. I would buy short term T Bills. 4.6% return risk free is great.

  • @devononair
    @devononair Před rokem

    Good avice re timing the market. I had a position that recently was going down, down down, like everything else, and I was starting to doubt it. Then there was an exciting announcement from the company and the stock increased 22% in one day. I think I'm now sitting at +25% on that position. Imagine if I'd missed that!

  • @WealthGameNation
    @WealthGameNation Před rokem +1

    Dude, u r great at this YT thing. Any tipps for an up n commer?

  • @earthling_parth
    @earthling_parth Před rokem +1

    That meet kevin burn was SICK! 😆🤣

  • @michaelswami
    @michaelswami Před rokem +7

    Stay the course. Stocks on sale.

  • @austingross8567
    @austingross8567 Před rokem +26

    I think it’s important to mention bonds in a video. I don’t think enough people know how to invest in those I think it is great for diversity

    • @Petkophile
      @Petkophile Před rokem

      Bonds weren't spared this past year (generally speaking -- there are some money market instruments that are risk-free apart from opportunity cost), but I agree that bonds aren't discussed on CZcams as much as they should be. Probably not all that sexy to this new class of retail investor (i.e. speculator in the 0DTE options casino), but hopefully them getting eviscerated should reign in some of the lunacy and get people thinking more of the compounding power of yields over the long term.

  • @enr3334
    @enr3334 Před rokem

    This is well done, but is done many times. As for me, I am looking for unique insights!

  • @owenb8636
    @owenb8636 Před rokem +2

    7:10 was the closest we'll ever get to investment advice from PB. A historic day

  • @caracallaavg
    @caracallaavg Před rokem

    Appreciate that remark about fine art during 2008 crisis hehe

  • @LeonGenesis
    @LeonGenesis Před rokem

    One of the best videos on this subject!

  • @codezier2738
    @codezier2738 Před rokem +1

    I just dump 20% a paycheck into VEQT. Learned the tech point the hard way..

  • @DominickPeluso
    @DominickPeluso Před rokem

    Great video and very well said

  • @thetrainhopper8992
    @thetrainhopper8992 Před rokem +1

    The recent implosion in the tech industry just made me realize that it was a good idea to stay out and to stick with companies that physically make or do things in the world.

  • @julianruggiero9701
    @julianruggiero9701 Před rokem +7

    This is an excellent video! Thanks so much for being a voice of reason and cutting through the noise during these uncertain times. The best advice I've heard so far was from my uncle. He said "Kid, when the ride gets rough, buckle in and sit tight."

  • @OffGridInvestor
    @OffGridInvestor Před rokem +19

    I prefer the boomer option for recession investing strategy:
    1.) ALWAYS think of stocks as money ONLY
    2.)which let's you panic that "my money is disappearing
    3.) Just PANIC in general
    4.) Sell low because "I'm losing my money" and ACTUALLY lose ALL your previous gains
    5.) Get out alcohol after you sold low and lament about your kodak shares and enron shares
    6.) Fall asleep crying and drunk on the couch
    7.) Play victim every chance you get although YOU sold low.

  • @toms5996
    @toms5996 Před rokem +3

    It's a complex issue but in EU strong measures are already in place (of course excluding the UK) by pumping even more money to the economy, having prices gaps of energy and goods, keeping interest rates low for investments and a hundreds other things. In EU there most likely won't be even a recession but a stagnation.

  • @thegamechanger-devops5203

    Great👍

  • @twengatwenga7044
    @twengatwenga7044 Před rokem +17

    I can’t wait! As a Zennial (1995) I felt really frustrated that I started working at what we now know was the peak. I’ve just landed my first big promotion and I can finally afford to seriously invest and take on the risk (which is much harder when your still low income). This is seriously probably the first big opportunity since the bear market rally during the Covid lockdowns which we know were veryyyyy temporary

    • @jasonzola3590
      @jasonzola3590 Před rokem +9

      Consider yourself lucky. I was working for a few years into the housing crash in 2008 so similar position. You basically have nothing invested now so 25% drop is nothing. Into your bigger earning years you can dollar cost average at a bottom and see good results over the next decade.
      Just keep putting money away and it will grow like magic.
      You are only boned if you are 70+ right now.

    • @OffGridInvestor
      @OffGridInvestor Před rokem +3

      I started earning well and not taking so many months off between jobs and are in a great position. As a 41 year old, I CLEARLY CLEARLY remember all the signs and economic gut feelings so hope to be able to predict kinda accurately when the bottom will come and invest heavily in mining stocks. They run pretty far in advance because they are the kinda stuff ordered 6 months or more in advance of future expected usage of materials. Get a few up and coming lithium stocks that already have mines running or near completion. And probably mostly some blue chips paying good dividends initially and then any ongoing earnings (I always work 60+ hour weeks in recessions somehow) into the younger lithium stocks.

    • @twengatwenga7044
      @twengatwenga7044 Před rokem

      Thank you both! Appreciate the wisdom that comes from your experiences!

    • @Ev200818
      @Ev200818 Před rokem +3

      As a fellow zennial, I'm excited too. Although, many people are struggling right now. For us, being decades away from retirement, times like these could be where we make some of our biggest gains. We just need to set solid, well thought-out plans and stick to them.

    • @nunyabusiness863
      @nunyabusiness863 Před rokem +4

      The best time to invest "is when there is blood in the streets." Play the long game and don't panic. All recessions end, and many of the well established funds will outperform individual, emotional investors %100 of the time.

  • @Dracomies
    @Dracomies Před rokem +15

    Really love your viewpoints as you are imo one of the more real and true finance CZcamsrs out there. Most I feel got in during the crypto craze or are parroting others but you're the genuine article. That said, your viewpoint is where I'm at as well. If you're in it, just hold on. Doesn't make much sense to sell. But also it's not the time to go wild with buying either, it'll likely just keep dipping lower. If anything, depending on your cash reserves, your tolerance and your conviction and sticking to the understanding of the fundamentals -- determine whether you should buy a little bit more. I personally have been buying more at every 7% drop. Just a smidgen here and there. Because just as we've seen time after time - the market eventually recovers. Even in the famed 2008 crash, we recovered.

  • @derelictmusic3218
    @derelictmusic3218 Před rokem +3

    Also because SP500 returns are only about 5% minus the top 10 trading days, when the rate on cash is 4.25% and rising, it makes sense to stay in cash since the risk adjusted return of stocks is so bad.

  • @alexcote8811
    @alexcote8811 Před rokem

    Really great and fact based video without CZcams fluff lol

  • @MountainFinance
    @MountainFinance Před rokem

    Some great insight and down to Earth which I respect.

  • @John-thinks
    @John-thinks Před rokem +1

    What is this fire soundtrack and why does it sound like a Godfather playlist gone trap house

  • @danielaltherr1229
    @danielaltherr1229 Před rokem

    Another great video, Sir. Thank you.

  • @Go_Show95
    @Go_Show95 Před rokem +1

    Ben Felix also provides a professional perspective that supports your hypothesis in certain areas

  • @doggydick14
    @doggydick14 Před rokem +1

    Best finance channel by far!

  • @betterstories
    @betterstories Před rokem

    Off topic: You have no idea how good it feels to hear you use “raises the question" instead of the “begs the question" mistake that most on CZcams make.

  • @Mike-pq9nx
    @Mike-pq9nx Před rokem

    What a time to get back in😮

  • @sausnspegi488
    @sausnspegi488 Před rokem +1

    So dreamy😍

  • @AllTheArtsy
    @AllTheArtsy Před rokem +21

    Stay the course. Work on yourself. Focus on your goals and have fun achieving them.

  • @andriimed6408
    @andriimed6408 Před 4 měsíci

    @ThePlainBagel thanks for the video, it's quite useful. Btw, what about making video on what does risk tolerance actually mean for an individual investor? E.g. to cover questions like
    how risky it's to invest into a 1 specific industry (e.g. big tech), and how to diversify this risk, what are the risks of investing in S&P500 ETF, etc.
    It can be really beneficial I believe, especially for me.

  • @ReesesPieces81
    @ReesesPieces81 Před rokem

    I have not watched this video yet. I bet the answer is, continue DCA as usual. Investing is very easy!

  • @salvadorginez3246
    @salvadorginez3246 Před 11 měsíci

    I LOVED the toy story extract regarding BitCoin 🤣😂🤣😆👌👍👍

  • @jimmyyu2184
    @jimmyyu2184 Před rokem

    Thank you for this. Much needed at the end 2022 and beginning of 2023.

  • @azcomeazgo
    @azcomeazgo Před rokem +6

    I loved the representation of "fine art" 😂.

  • @rhaegoti
    @rhaegoti Před rokem +2

    I had to pause the video when Woody started laughing, excellent editing there! Thanks for another fantastic video :)

  • @shishkilover
    @shishkilover Před měsícem +1

    Man Its always scary thinking about how stocks could drop, but hang in there guys! I get scared too I think most people do, what I find helps is to delete all the apps that have any reference to stock prices,

  • @ralphramsey82
    @ralphramsey82 Před rokem +1

    Can you do a video on the movie “Trading Places”, specifically the ending part with the Orange Futures that bankrupted the duke brothers?

  • @richardcarlin1332
    @richardcarlin1332 Před rokem

    dollar cost averaging is the best approach. In retirement try to generate income via dividend paying stocks and other investments that pay an income. Best to not touch the principle.

  • @SapereAude1490
    @SapereAude1490 Před rokem

    Can you tell me what was the music that starts from 3:28? Reminds me of Fable - Bowerstone soundtrack.

  • @ec188
    @ec188 Před rokem

    I agree in general., will slightly adjust my portfolio.
    I don't have to touch my 401K for decade(s) so it won't matter that much.

  • @KevKenzoFx
    @KevKenzoFx Před rokem +3

    I really appreciate the content on this CZcams channel. The videos are well-researched and provide valuable information on [topic]. The presentation is clear and engaging, making it easy to understand the material. Keep up the great work!

  • @imthebestthingsinceslicedr5400

    Just like the ep in South Park "and its gone!"

  • @joshhasvic6794
    @joshhasvic6794 Před rokem

    All in on NKLA in the low $2.

  • @rathelmmc3194
    @rathelmmc3194 Před rokem

    When people are afraid you should be buying, when people are being greedy you should be selling. I think Warren Buffet said it, but wouldn't be surprised if that saying is older than time. Right now, I'm trying to buy as much as I can get my hands on.

  • @MrRecorder1
    @MrRecorder1 Před rokem +27

    I dipped my toes into investing for the first time in 2018 and selected a Fund investing in expanding the renewable energy production in Europe. One year later, they closed the fund for new investment because of "long term uncertainties regarding liquidity of the fund". In addition, the fund was migrated from one country to another because of tax law-reasons costing every investor a bit of their investment... that caused a whopping 1.2 % return (if I remember correctly) for the years 2019-2022. I was kind of "meh" at that point, but had invested in a few extra funds in the mean time. Then 2022 hit, war in Ukraine, Europe needed renewable energy, energy prices went through the roof, the fund was therefore able to open it up for new investments and the fund increased by about 100% in value.
    Kind of the thing that I learned: Does not matter what happens, as a private investor you can only play the long game, really. Make some decisions that make sense for long term investments. Even during a recession some positions can gain a lot value very quickly.
    Short mention for a complete picture: Even with a +100% position, I am down 7% this year over all my investments... lol

    • @SFVYachtClub
      @SFVYachtClub Před rokem +1

      nice essay nerd
      buy oil

    • @nunyabusiness863
      @nunyabusiness863 Před rokem +1

      Well said. Unless you're going to invest in the equipment and time for a massive amount of research, my suggestion for beginner investors is to use prediversified funds and like you said, play the long game and don't panic. Patrick Boyle suggested not to check them to regularly because you can be motivated to make a poor decision in a downturn. As an aside, I had one stock that had big growth because the co was bought out by a bigger corp. This is far from common though.

    • @rcbarrientos6109
      @rcbarrientos6109 Před rokem +1

      Do you mind telling us the name of the fund?
      Also down 7% compared to the overall market is actually really good ;)

    • @MrRecorder1
      @MrRecorder1 Před rokem

      @@rcbarrientos6109 Sure, I will put some reference in: Look up NL0013908692 (a Dutch fund, Netherlands)... and now actually that I look at it, it only maxed out at about +70% for this year, so I exaggerated a bit. Explosion happened in June/July. Sorry for the misleading +100% earlier, it is the my only fund that gained any value this year, and I was mostly remembering "big gains", and using this to underline the perceived randomness of the fund returns. So the exact value of the gain was not so important for my argument, and therefore I did not double check it!