I'm so happy that i can finally embrace financial freedom. And only Charles made it possible, I actually earned my salary within a couple of days. I never believed i could gain so much in Binary Options. Mr @Charles_forex09 on Instagram 💓is the right one to help you get financial freedom go to him for assistance..
This book is a nice introduction to almost everything in finance. It also helps you create a certain mindset when handling money. It's a very good start.
Du har fan den bästa och mest sevärda kanalen på tuben. Otroligt pedagogiskt upplagd, inte massa fluff, värdefullt innehåll. Ja 10 solar av 10 helt enkelt. :) Keep up the good work!
If you want to make money, become an author or seminar host like Tony. The only ones who getting rich during the gold rush are those that sell shovels and picks. Don't expect them to tell you there's no gold tho.
Hehe, you make it sound so simple. Selling picks and shovels like Tony is not an easy task 😊 He does mine from time to time as well though, but you are correct. He didn't become rich that way. The people that he interviewed for this book though, they did.
I don't mean to detract from Tony's talent and efforts but I find it hard to stomach the fact he is now a spokesperson for the MLM industry when he's never done it himself. However, if paid enough, Tony will support any cause.
@@johnd9541 You are absolutely right, it is about selling the American dream, speakers like Tony resonate with many that are unhappy with their current situation but most of it is pie in the sky.
The Richest Man in Babylon is great. Better than this one for getting someone started and for getting some motivation up. However, this one is much broader and covers way more than The Richest Man in Babylon. Even some more advanced concepts from chapter 6 which consists of interviews with Ray Dalio, Kyle Bass, Paul Tudor Jones, Carl Icahn and the likes 😊
Till this day i have NEVER found one possible ounce of reason or logic as to how money wont give me happiness. Money makes me happy and its the most important thing to me in this world. because it allows me to fulfill almost everything i can think of, like at least 80% of the things that i personally want can be made possible with money.
There's actually a quite recent study which contradicts Daniel Kahneman and Angus Deaton study from 2010 (the one referencing $75,000 a year as the ceiling), which you can find here: www.pnas.org/content/118/4/e2016976118 It basically agrees with what you said here Nick Tan.
A long time ago, I sat down and listed all the problems I currently had, from the dead car sitting in my drive, not eating the healthiest of foods, to living in a deteriorating neighborhood, and 90% of my problems could easily be solved with money. It’s a fallacy when ppl try to argue, “money won’t buy you happiness” because that’s not what money is supposed to do. Money gives you options, the options you choose are what will bring you happiness or not.
How amazingly you summarized a massive river of info into a glass with all nutrients. Amazing I have some queries regarding some points, i am very grateful if you give some more thoughts on it. 1) To reduce fees, invest in products that are passively managed. What is meant by that? 2) What is meant by " Tax-deferred & Tax-loss harvesting "?
@@jpepiclord3964 Haha. This is the reason why we have all those crappy ads before the videos that start, 'I can't believe people are still working in the old way, trading time for money...'
You did a fantastic job my dude! I actually listened to his audio book a few months ago and loved it. But it was nice having this to refresh it and share it with my friends.
Video good as we are used to, but the book is something of a scam... financial freedom with 65? Portfolio returns of 9.78% from 1984 till 2013, which is 29 yrs? Well, a lot of time. I think, the best thing anybody can do, is to increse their intrinsic value and constantly earn and invest as much as possible. At least in this way retirement between 40 and 45 is becoming a realistic option
thanks so much for this. just discovered your channel on the 2nd day of the new year. what a way to start 2020. gonna spend some time watching quite a few others im very keen on👍😊💰🍀
A basic idea in the book is the idea of compound interest. Hard to realize when there is almost no more interest. As a result bonds are not even an appropriate option to protect your capital from inflationary loss. Hence, Dalio's all weather portfolio does not seem the best strategy anymore. Any ideas on that?
Excellent summary. Question for you. Do you read every book you summarize this way from cover to cover one page at a time? Do you have any pointers on how to read faster and/or retain the material? Thanks and keep up the good work!!!
Research SQ3R reading to study technique: Survey, Question, Read, Review, Recall. This involves actively investigating contents, index, and chapter summaries before reading the book conventionally.
I’ve read some negative comments here, all I can say is if you haven’t read this book then it’s very easy to stand on the sidelines and criticize, now if you have like myself then you’ll understand the TRUTH that Tony covers...he does mention over again in the book leading to chapter 2 how by then you should be thinking like an insider...I started this book on 13/04/2020 and I am presently on chapter 2,5 where he unearths the Myths and I can confidently tell you that those first 140 pages have erased 15 years of my financial woes and regrets,I now understand index funds better(not entirely) now know the difference between a Financial Advisor/Salesman and a Fiduciary(am still gonna dig further in having a full understanding)...now to many out there,reading this book please understand that the answers to mastering your finances will not only come out of that book alone, like Tony reiterates over again,look into other books by the likes of John Bogle,Burton Malkiel,Benjamin Graham,Ray Dalio etc, watch interviews here on UA-cam, read/documentaries about the state of Retirement Funds in the US your 401k IRA,learn how it all goes down...tie that up with the likes of ROBERT KIYOSAKI who for years went ignored when he was warning AMERICANS about their disappearing Retirements gobbled by Wall Street Merchants...there’s work involved in mastering finances,Tony is just scratching the surface in this book,but that bit is good enough to set you on a path to Financial Freedom... Truth be told,the world of finance is not easy but behind that jargon you get to see just how easy it is... Thanks Swedish for an eye opening video,will watch it many times over to understand this book fully.✌🏿🇿🇦
I would highly recommend reading the intelligent investor afterwards and adding it to your knowledge. I read the intelligent investor and then Securities Analysis over 25 years ago and they both have had the most profound effect on me and my wealth. Those two books should be your investment bibles that you should study and learn and always be researching.
I fully agree with you DashyDash. I am half way through the book, I had it in audio version at least 3 yrs ago, forgot I did and bought a hard copy. I made a few financial mistakes in this period. I could be much further advanced in reaching my financial goals. There are so much nuggets in this book to set you up on the right path financially that people who focus on the wrong things missed the point: take what resonnates with you and leave the rest. Keep on educating yourself.
Great Video. What they do not specify well in the all-seasons portfolio is how to allocate the 30% stocks. I personally split it 10% US market, 10% Emerging Markets, 10% Europe using low-cost ETFs.
I would suggest having more of a focus on the US. If the US economy shrinks or crashes then the economies of Europe and Asia will get hit as well. There is no escaping such things. I am not saying no emerging markets or no Europe at all. I have produced near 40% compounded growth in emerging markets but it is a very small aspect of my portfolio.
@@bighands69 Good point. At the same time, as the bond side of the portfolio is entirely US focussed, I wanted to have exposure to other markets as well. Maybe a 15-20% US stocks/ 15-10% Emerging stocks could be explored.
Didn't fall down the mountain because he obviously knows how to work and manage money. Money from inheritance almost always never makes it past that generation because it's all blown before they even have kids. People who can't make or manage money won't have it. The amount if money you have reflects your ability and knowledge.
What books are recommended after finishing this book when it comes to wealth accumulation and reaching financial freedom? Thank you all in advance for your input.
Great video, Overall I agree, especially the accumulation phase, 1 through 5. But I look at #3 "Financial Independence" differently. The avg. person needs $40k per year, based on $40k I then figured out % interest and dividends that I need to make per year. The market generates 6 to 7% on avg. over 20 yrs; from knee jerk reactions most investors make betw. 3 to 4%. I then created a spreadsheet to look at return from different interest rates and amount invested; mini-base camps. I like the "all - seasons portfolio"; which I look at as diversification via asset classes. I divided my investments into 4 holdings, out of which 25% is an Annuity.
@@rf9562 Yes to bonds, approx. 7%. I have 2 old bonds [1 Calif. + 1 Colorado] remaining and I purchased 2 bond funds [a corporate and 1 bank]. My distribution for my emergency funds is approx. 23% large caps, 4% small/med caps, 12% foreign, 9% emerging markets, 6% mixed, and 4% REITs [I hope to add to my REITs] + 18% in individual stocks [mostly pharma].
@@robertmelvin7908 The only people that say the markets grow at 6% are the types that are not real investors. Any person of average intelligence could easily compound at 12 to 15%. The reason why most professionals cannot achieve this is the fact they are dealing with large volume trades for institutions. If you gave 10 billion to any average person they would struggle to get 6% growth because they would struggle to find good investment opportunities. The only thing available to them would be junk investments. A person with $10 million and a years worth of research could easily return 10% per year on average.
Tja! Hittade precis din kanal. Grymt jobbat med ditt content. Är i färd att starta dra igång egen verksamhet så tänkte plöja alla dina videos. Hojta till om du vill snacka lite UA-cam nån dag, har själv kört en blygsam kanal i några år. Behöver umgås mer med likasinnade!
Tjena! Tack Alexander, roligt att höra att du uppskattar den! 👍 Jag spanade på en av dina videos, gillar konceptet med att göra något varje dag som är utmanande/skrämmande. Fortsätt att kötta! Känns det som att du har fått "proof of concept" på UA-cam med temat på kanlen?
Invest in a secure platform and broker where you will not lose your funds. I'm new to trading, but I met Mr. Raini Titan here on UA-cam where he teaches people to trade forex and stocks. which he guides me with a super platform and amazing strategy. I thought it was a scam, but finally I cashed my first $ 57,000 profit last week, he is very reliable and honest, he always tells me the actual time of buying and selling with 100 profit from his one-on-one master training.....Stay bless.
Robert Kiyosaki methods are really only applicable to 0.1% of the population. To he ordinary investor, business owner and entrepreneur it is not a good idea to follow.
Hey there, Swedish Investor, Have you ever considered putting together a product? I love the value you bring and I'm interested if you can design some kind of personalized crash course and financial plan. That would be awesome!
Hey Една Торба Идеи! Thank you for your support! Yes, I'm thinking about it and it may be something I release in the future, if I feel that it can provide people with value that currently isn't really fulfilled in the market. Stay tuned! :)
The Swedish Investor, I would like to congratulate you for your work and this outstanding very clear animated summary. I wanted to ask you: in this book, there is a reference to a Money App, I have not found it. Do you know if it still exists or where to find it? Thank you for your response. I shall be watching some other of your quality videos.
If you're about to retire,I don't recommend Annuities. just don't retire in investing. But you can quit you're job it you want to and think if you can.
i have actually implemented the the all-seasons portfolio in the netherlands since a few years ago and it's been doing great! I was wondering if somebody in Europe is actually executing this portfolio right now?
@@LucaMehrow As I keep telling people and will not stop telling people read the intelligent investor before you start investing. It can save you a lot of time, mistakes and effort.
Question Opinion on the book “the psychology of money” been peaking my interest but can’t get it because there is no Spanish version so I would need to order it from 🇺🇸 shipping which $$$ and ⌛️⏳
@Mike David but tony robbins says not to invest in any mutual firm because fees and tax will eat you up and nevermind the inflation. What’s your thoughts?
@Mike David can you tell me proper way to calculate broker fees in “percentage”. So i can get to know how much they are charging in percentage. Tony robins says 1 percent is good. But more than 3% is really bad. And then there is tax. He suggests to invest in stock market (index fund) where fees are really low. However stock market is a different ball game.
I really enjoyed this book and your summary broke it down really well. I have always wondered if anyone has actually put the All Seasons portfolio into place. Have you heard of any? Some criticisms of it are that it is rather conservative with the high bond percentage; therefore, younger investors could miss out on a lot of potential gains over the years. The portfolio certainly isn't undersold in the book, and I don't have any evidence to say that it works or not, but I am skeptical as a one-size-fits-all approach. What do you think?
Thank you Patrick! 😁 Hahaha agreed about the over-selling of it in the book .... every other page Tony Robbins mentions that soon - we'll get to hear about it. It seems greg krahmer (another comment here on this video) has implemented it with success in the Netherlands. I myself have not tried it, but I think that it could be very useful for some investors. My personal opinion is that it fits for 1. someone who's interested in a semi-passive approach, and 2. someone who's shown before that they are prone to sell at the bottom, or 3. someone who hasn't yet experienced a market crash
yes as a matter of fact ive been holding an all seasons for 3 years now. been looking for people applying this strategy. could you tell me something about your own strategies?
Hi Greg, thank you for sharing. I'm glad that the All Seasons Portfolio is working well for you. I don't have a lot of confidence in the economy in the short to medium term since Trump took office, so the All Season feels like a safe place to be right now. Having that higher proportion of bonds has probably served you well over the past 3 years. Before I jump into what I'm doing, let me say that I'm not an investment professional. I went to business school and got an MBA, but I focus on supply chain management and international business, so my schooling didn't give me any special insights into personal finance. For me, I'm 33 and feel like I still have time on my side. Therefore, I can be more aggressive and basically go straight equities. I am in all low-cost Indexes/ETFs from either Schwab or Vanguard. My current targets with tickers are: 42.5% - Total Stock Market Index (SWTSX) 42.5% - International Multi-cap Index (mix of 3 ETFs, SCHF @11.5%, VPADX @15.5%, VEUSX @15.5%) 10% - US Small Cap ETF (SCHA) 5% - US REIT ETF (SCHH) This is quite aggressive, but I'm very risk tolerant and wouldn't touch anything in a downturn. My thoughts are that I'd like to try to balance my investments internationally, so I'm holding much more international equities than most but try to keep it even with my Total Stock Market, which is US heavy. I'm holding the REIT to take advantage of Real Estate equity in the US. My rationale with all of this is to try to approximate the overall economy, not just the stock market. One other thing that is relevant is taxes. I used to try to balance my investing between non-Roth IRAs/401ks and Roth IRAs/Roth 401ks, but now I'm 100% Roth IRA/Roth 401k. I don't know what options are available to you in the Netherlands, but I'm not anticipating taxes to come down in my lifetime, so I want to avoid taxes on the gains my investments make over time. I'd rather pay the taxes now and pull my investments out tax-free later. I hope that makes sense. It's kind of fun discussing these things openly. Cheers!
The all seasons portfolio is just diversification. There is nothing new in that. I have for the last 3 decades owned bonds, stocks, gold, land, farms, small manufacturing businesses, real estate, retail and several other assets. And I was not the first to do this and countless before me did it as well. If you have all your eggs in one basket there is more risk of dropping the basket and ruining everything. Only the most skilled should hold everything in a concentrated manner. Now with diversification you will not be as efficient at creating overall growth as a person who focuses entirely on say 5 stock holdings or somebody who owns a singular business.
Agreed 😁 The book is a great introduction to investing, it's broad and covers a lot of different topics. I did the reading in 3 days 😉 However, the breakdown into 5 takeaways I found quite difficult for this book so it required more time than usual, so probably an additional 2-3 days for that.
11:20 to 11:45 is an incorrect statement when it comes to most modern lifetime income annuities. Almost all fixed deferred annuities with a lifetime income rider will have a death benefit if the annuitant dies early.
Hi Monty 38! No i have not. I think this could be a good approach for someone who is a passive investor and who doesn't spend time researching individual stocks, but for the active investor, it's not productive to restrict oneself to such an allocation. At some point you might find a great stock that you wish to invest in only to realize that you're not allowed to because of portfolio allocation percentages.
If you are on the fence about investing or a beginner, this book/audiobook will give you a giant swift kick in the ass to realizing, investing is NOT as complicated as you think and definitely not as complicated as Wall Street or the big bs is want you to believe. ANYONE can start investing on their own and you don’t have to pay anyone to do it for you.
The FIRE playlist (Financial Independence, Retire Early): bit.ly/38692nb
Thanks man. Loving this upload schedule.
This is a very good book. Love the your videos.
The Swedish Investor that’s the key thing reducing costs to invest
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I'm so happy that i can finally embrace financial freedom. And only Charles made it possible, I actually earned my salary within a couple of days. I never believed i could gain so much in Binary Options. Mr @Charles_forex09 on Instagram 💓is the right one to help you get financial freedom go to him for assistance..
Thank you for sharing! Ive recently started my journey as a fitness coach ! I'm also looking to improve my financial literacy !
This book is a nice introduction to almost everything in finance. It also helps you create a certain mindset when handling money. It's a very good start.
You’ve made life of those who pursue knowledge easier. Thank you so much from Cambodia
One of the best book about money.. The way the book has been written by tony robbins is mindblowing... Love the book...
Du har fan den bästa och mest sevärda kanalen på tuben. Otroligt pedagogiskt upplagd, inte massa fluff, värdefullt innehåll. Ja 10 solar av 10 helt enkelt. :) Keep up the good work!
This book is a must read. It should be in all high schools curriculum.
I agree!
Schools are run by governments. They don't want you to be free & self-sufficient, they want you dependent & controllable.
best ever channel that i have come across on youtube..
Just started learning to invest, found your channel, I love all your easy to understand videos, please keep posting more!!
M D I appreciate your support! If you promise to keep learning, I'll promise to keep posting? 😉
If you want to make money, become an author or seminar host like Tony. The only ones who getting rich during the gold rush are those that sell shovels and picks. Don't expect them to tell you there's no gold tho.
Hehe, you make it sound so simple. Selling picks and shovels like Tony is not an easy task 😊 He does mine from time to time as well though, but you are correct. He didn't become rich that way. The people that he interviewed for this book though, they did.
I don't mean to detract from Tony's talent and efforts but I find it hard to stomach the fact he is now a spokesperson for the MLM industry when he's never done it himself. However, if paid enough, Tony will support any cause.
@@johnd9541 what is MLM industrie?
Multi Level Marketing/Network Marketing examples are Herbalife, Avon, Nuskin, Amway, etc. www.tonyrobbins.com/business/what-is-network-marketing/
@@johnd9541 You are absolutely right, it is about selling the American dream, speakers like Tony resonate with many that are unhappy with their current situation but most of it is pie in the sky.
Thanks a lot for the video, I’m sure I’ll enjoy the book. I read richest man in Babylon and I absolutely loved it!
The Richest Man in Babylon is great. Better than this one for getting someone started and for getting some motivation up. However, this one is much broader and covers way more than The Richest Man in Babylon. Even some more advanced concepts from chapter 6 which consists of interviews with Ray Dalio, Kyle Bass, Paul Tudor Jones, Carl Icahn and the likes 😊
@@TheSwedishInvestor thanks for letting me know for what purpose i can read these books. I had no clue
13 minutes for an entire book... Damm your videos are the best tools for the modern day world !!
This book absolutely changed my mindset about money, savings and investing! Great video too!
Tony Robbins is a total con artist
0:38
@@johnatwood5728 the book is really good though
Till this day i have NEVER found one possible ounce of reason or logic as to how money wont give me happiness. Money makes me happy and its the most important thing to me in this world. because it allows me to fulfill almost everything i can think of, like at least 80% of the things that i personally want can be made possible with money.
There's actually a quite recent study which contradicts Daniel Kahneman and Angus Deaton study from 2010 (the one referencing $75,000 a year as the ceiling), which you can find here: www.pnas.org/content/118/4/e2016976118
It basically agrees with what you said here Nick Tan.
A long time ago, I sat down and listed all the problems I currently had, from the dead car sitting in my drive, not eating the healthiest of foods, to living in a deteriorating neighborhood, and 90% of my problems could easily be solved with money. It’s a fallacy when ppl try to argue, “money won’t buy you happiness” because that’s not what money is supposed to do. Money gives you options, the options you choose are what will bring you happiness or not.
This book is a game changer. I love how Tony Talks about compound interest. “ The 8th wonder of the world”. Great video!
Cheers Chris Lynch! 😁
Well, John Bogle and Warren Buffet have only been mentioning it for 50+ years...
It was actually Einstein who called it the the 8th wonder of the world first 🙃
How amazingly you summarized a massive river of info into a glass with all nutrients.
Amazing
I have some queries regarding some points, i am very grateful if you give some more thoughts on it.
1) To reduce fees, invest in products that are passively managed.
What is meant by that?
2) What is meant by " Tax-deferred & Tax-loss harvesting "?
@Rush Clinton
F off u spammer 😅😅
Amazing progress! Thanks for the video :)
Great to hear it! 😁
I find it hard to take someone seriously about success when their success is based on selling products on how to be successful
Jum Hed if you can’t beat em’ join em’
@@jpepiclord3964 Haha. This is the reason why we have all those crappy ads before the videos that start, 'I can't believe people are still working in the old way, trading time for money...'
That’s valid.
Tony donates all his earning from books. Don't be that jealous person.
@@AurelioPita I'm sure he donates from his other earnings too, but honestly, who would you rather learn about business from;
Branson or Robbins?
Loved the Paris Hilton humor around 4min:20sec
Excellent summary and wonderfully explained!
Love your videos bro, you inspire me to read everyday!
Best way to read a book! Great video!
You did a fantastic job my dude! I actually listened to his audio book a few months ago and loved it. But it was nice having this to refresh it and share it with my friends.
Luckily I read this when I was around 22 years old. Helped shape my understanding of money and building wealth
you clearly havent reach financial freedom though
Thanks for the video! A roth IRA is not tax-deferred though, it's 'tax exempt' since you pay up front.
Great Summary, thanks!
Thank you for all of these videos! Great stufd!!
Cheers Sean O'Brien! 🙌
Plz make a video on making financial cycle of earning in share market
Video good as we are used to, but the book is something of a scam... financial freedom with 65? Portfolio returns of 9.78% from 1984 till 2013, which is 29 yrs? Well, a lot of time. I think, the best thing anybody can do, is to increse their intrinsic value and constantly earn and invest as much as possible. At least in this way retirement between 40 and 45 is becoming a realistic option
Is there a place we could download your amazing index cards? I Love keeping them! and reading them again.... :)
thanks so much for this. just discovered your channel on the 2nd day of the new year. what a way to start 2020. gonna spend some time watching quite a few others im very keen on👍😊💰🍀
A basic idea in the book is the idea of compound interest. Hard to realize when there is almost no more interest. As a result bonds are not even an appropriate option to protect your capital from inflationary loss. Hence, Dalio's all weather portfolio does not seem the best strategy anymore. Any ideas on that?
Thank you very much sir for the summary ...
Excellent summary. Question for you. Do you read every book you summarize this way from cover to cover one page at a time? Do you have any pointers on how to read faster and/or retain the material? Thanks and keep up the good work!!!
Thank you Ryan Graham, I appreciate it. I usually use audio + book and in that way, I can cover pages a bit faster than otherwise would be the case.
Research SQ3R reading to study technique: Survey, Question, Read, Review, Recall. This involves actively investigating contents, index, and chapter summaries before reading the book conventionally.
Im a fan of Dalio's all weather portfolio, till bonds tanked. What is the suggestion for allocation now?
Such an informative video! Thanks!
Your summaries are the best. I love it!
My next buy
I’ve read some negative comments here, all I can say is if you haven’t read this book then it’s very easy to stand on the sidelines and criticize, now if you have like myself then you’ll understand the TRUTH that Tony covers...he does mention over again in the book leading to chapter 2 how by then you should be thinking like an insider...I started this book on 13/04/2020 and I am presently on chapter 2,5 where he unearths the Myths and I can confidently tell you that those first 140 pages have erased 15 years of my financial woes and regrets,I now understand index funds better(not entirely) now know the difference between a Financial Advisor/Salesman and a Fiduciary(am still gonna dig further in having a full understanding)...now to many out there,reading this book please understand that the answers to mastering your finances will not only come out of that book alone, like Tony reiterates over again,look into other books by the likes of John Bogle,Burton Malkiel,Benjamin Graham,Ray Dalio etc, watch interviews here on UA-cam, read/documentaries about the state of Retirement Funds in the US your 401k IRA,learn how it all goes down...tie that up with the likes of ROBERT KIYOSAKI who for years went ignored when he was warning AMERICANS about their disappearing Retirements gobbled by Wall Street Merchants...there’s work involved in mastering finances,Tony is just scratching the surface in this book,but that bit is good enough to set you on a path to Financial Freedom... Truth be told,the world of finance is not easy but behind that jargon you get to see just how easy it is... Thanks Swedish for an eye opening video,will watch it many times over to understand this book fully.✌🏿🇿🇦
I would highly recommend reading the intelligent investor afterwards and adding it to your knowledge.
I read the intelligent investor and then Securities Analysis over 25 years ago and they both have had the most profound effect on me and my wealth. Those two books should be your investment bibles that you should study and learn and always be researching.
I fully agree with you DashyDash. I am half way through the book, I had it in audio version at least 3 yrs ago, forgot I did and bought a hard copy. I made a few financial mistakes in this period. I could be much further advanced in reaching my financial goals. There are so much nuggets in this book to set you up on the right path financially that people who focus on the wrong things missed the point: take what resonnates with you and leave the rest. Keep on educating yourself.
Great Video. What they do not specify well in the all-seasons portfolio is how to allocate the 30% stocks. I personally split it 10% US market, 10% Emerging Markets, 10% Europe using low-cost ETFs.
I would suggest having more of a focus on the US. If the US economy shrinks or crashes then the economies of Europe and Asia will get hit as well. There is no escaping such things.
I am not saying no emerging markets or no Europe at all. I have produced near 40% compounded growth in emerging markets but it is a very small aspect of my portfolio.
@@bighands69 Good point. At the same time, as the bond side of the portfolio is entirely US focussed, I wanted to have exposure to other markets as well. Maybe a 15-20% US stocks/ 15-10% Emerging stocks could be explored.
"The man on top of the mountain didn't fall there."
*Man with a strange toupee tries to tuck away the parachute of inheritance he used to get there*
Hahahaha, good one! Didn't think of that possibility!
Didn't fall down the mountain because he obviously knows how to work and manage money. Money from inheritance almost always never makes it past that generation because it's all blown before they even have kids. People who can't make or manage money won't have it. The amount if money you have reflects your ability and knowledge.
Excellent summary 👏
What books are recommended after finishing this book when it comes to wealth accumulation and reaching financial freedom?
Thank you all in advance for your input.
the millionaire fastlane by mj demarco
I really love this channel. All the videos are very well done!
That's why it is recommended to start redeeming before 3 years of your goal from the market
Seems to me that the all-seasons portfolio’s returns are similar to those of an index fund without the unnecessary complication
I think the impressive part is that it never lost more than about 3%. Index funds will at points drop hard
@@h3sgotNico That's' the natural ebb and flow of the market. Long term, those things don't matter.
Great video.👏💯. Explained very well
condensation of the condensation :)
Thanks for sharing this video. I am going to listen to the audiobook
Good stuff. Liked, subscribed and on notifications
Great video, Overall I agree, especially the accumulation phase, 1 through 5. But I look at #3 "Financial Independence" differently. The avg. person needs $40k per year, based on $40k I then figured out % interest and dividends that I need to make per year. The market generates 6 to 7% on avg. over 20 yrs; from knee jerk reactions most investors make betw. 3 to 4%. I then created a spreadsheet to look at return from different interest rates and amount invested; mini-base camps. I like the "all - seasons portfolio"; which I look at as diversification via asset classes. I divided my investments into 4 holdings, out of which 25% is an Annuity.
any index fund or etf or bonds ?
@@rf9562 Yes to bonds, approx. 7%. I have 2 old bonds [1 Calif. + 1 Colorado] remaining and I purchased 2 bond funds [a corporate and 1 bank]. My distribution for my emergency funds is approx. 23% large caps, 4% small/med caps, 12% foreign, 9% emerging markets, 6% mixed, and 4% REITs [I hope to add to my REITs] + 18% in individual stocks [mostly pharma].
@@robertmelvin7908 Sound great :)!
@@robertmelvin7908
The only people that say the markets grow at 6% are the types that are not real investors. Any person of average intelligence could easily compound at 12 to 15%.
The reason why most professionals cannot achieve this is the fact they are dealing with large volume trades for institutions.
If you gave 10 billion to any average person they would struggle to get 6% growth because they would struggle to find good investment opportunities. The only thing available to them would be junk investments.
A person with $10 million and a years worth of research could easily return 10% per year on average.
great vids! time is truly king so im spending it on your vids to quickly learn the knowledge behind those great books! regards from the philippines
Anyone have any good recommendations for resources about how to create passive income?
Tja! Hittade precis din kanal. Grymt jobbat med ditt content. Är i färd att starta dra igång egen verksamhet så tänkte plöja alla dina videos. Hojta till om du vill snacka lite UA-cam nån dag, har själv kört en blygsam kanal i några år. Behöver umgås mer med likasinnade!
Tjena! Tack Alexander, roligt att höra att du uppskattar den! 👍 Jag spanade på en av dina videos, gillar konceptet med att göra något varje dag som är utmanande/skrämmande. Fortsätt att kötta! Känns det som att du har fått "proof of concept" på UA-cam med temat på kanlen?
Thank you for the easy understand summary. Appreciated.
Appreciate your comment!
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What's @pp
+1 8 1 3 3 2 0 4 5 0 7......
Thank you sir for sharing.
Thank you... Help me to remember what I've read from the book..
Tack sa mycket for all these interesting videos good sir!
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Awesome video mate 👍
Hey, Im about finish the book called : Fake by Robert Kiyosaki . its a really interesting book, please make a video about it.
Thanks,
He is a fake.....perfect title.....the irony!
I will add it to the list 👍
Robert Kiyosaki methods are really only applicable to 0.1% of the population. To he ordinary investor, business owner and entrepreneur it is not a good idea to follow.
Its never easy for everyone to be wealthy because alot of technicalities are associated with money good lessons taken.
Hey there, Swedish Investor,
Have you ever considered putting together a product? I love the value you bring and I'm interested if you can design some kind of personalized crash course and financial plan. That would be awesome!
Hey Една Торба Идеи! Thank you for your support! Yes, I'm thinking about it and it may be something I release in the future, if I feel that it can provide people with value that currently isn't really fulfilled in the market. Stay tuned! :)
The Swedish Investor, I would like to congratulate you for your work and this outstanding very clear animated summary. I wanted to ask you: in this book, there is a reference to a Money App, I have not found it. Do you know if it still exists or where to find it? Thank you for your response. I shall be watching some other of your quality videos.
Hi. The app is no longer active. I tried looking for it too.
The app exist, I downloaded it a month ago….
good advice
If you're about to retire,I don't recommend Annuities. just don't retire in investing. But you can quit you're job it you want to and think if you can.
thank you for your video :)
🌟
can you make a video on "Mastering the Market Cycle, Getting the Odds on Your Side" by Howard Marks please....
i have actually implemented the the all-seasons portfolio in the netherlands since a few years ago and it's been doing great! I was wondering if somebody in Europe is actually executing this portfolio right now?
This is awesome to hear! 🙌 I hope that someone else will be able to share their experience with it as well
Im also from the Netherlands looking to start this portfolio. Can you give any insight what the portfolio would look like in the Netherlands?
@@LucaMehrow yes ofcourse no problem. Add me on linkedin
@@LucaMehrow
As I keep telling people and will not stop telling people read the intelligent investor before you start investing. It can save you a lot of time, mistakes and effort.
Excellent video thank you
Question
Opinion on the book “the psychology of money” been peaking my interest but can’t get it because there is no Spanish version so I would need to order it from 🇺🇸 shipping which $$$ and ⌛️⏳
see you at the peek guys!
Thanks for this one bro! 🇵🇭
Thank you😊🌟
Good thing is that I stay in India and now I am Earning in dollars
Can you please tell me what do you do?
But $3 a day..
Can you build this portfolio on fidelity??
All seasons portfolio 8:40
Thanks fro the great review of the book! I loved it
how many millions do you have ?
@@Q_QQ_Q I don't have millions yet but I'm working on it! I wish success to both of us ;)
@Camillia Brooke i was kinda hoping to marry into millions with you LOL My dream just crashed 😂🤣
Thank you for this informative and detailed summary.
Glad it was helpful Leo!
Thanks for sharing
Is there any way to download the 5 Takeaways as full-size images?
Nobody says how to increase your income. Tell me if there's a book written on that.
Thanks really nice, from Paraguay South America!
Appreciate your comment!
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What's @pp
+1 8 1 3 3 2 0 4 5 0 7......
I find it interesting that in the all seasons portfolio, they have 7.5% gold.
Warren Buffett is against gold!
Penny for your thoughts...
Wow great.thnks...I took a note from this.
THE 50TH LAW Book Summary Please.
Where do i invest? Should invest in investment firm or stock market? Which one will be good option? TIA
@Mike David but tony robbins says not to invest in any mutual firm because fees and tax will eat you up and nevermind the inflation. What’s your thoughts?
@Mike David can you tell me proper way to calculate broker fees in “percentage”. So i can get to know how much they are charging in percentage. Tony robins says 1 percent is good. But more than 3% is really bad. And then there is tax. He suggests to invest in stock market (index fund) where fees are really low. However stock market is a different ball game.
amazing work you do - is wow
Great video👍
Excellent 👍
I'm working on step 1.
I really enjoyed this book and your summary broke it down really well. I have always wondered if anyone has actually put the All Seasons portfolio into place. Have you heard of any? Some criticisms of it are that it is rather conservative with the high bond percentage; therefore, younger investors could miss out on a lot of potential gains over the years. The portfolio certainly isn't undersold in the book, and I don't have any evidence to say that it works or not, but I am skeptical as a one-size-fits-all approach. What do you think?
Thank you Patrick! 😁 Hahaha agreed about the over-selling of it in the book .... every other page Tony Robbins mentions that soon - we'll get to hear about it. It seems greg krahmer (another comment here on this video) has implemented it with success in the Netherlands. I myself have not tried it, but I think that it could be very useful for some investors. My personal opinion is that it fits for 1. someone who's interested in a semi-passive approach, and 2. someone who's shown before that they are prone to sell at the bottom, or 3. someone who hasn't yet experienced a market crash
yes as a matter of fact ive been holding an all seasons for 3 years now. been looking for people applying this strategy. could you tell me something about your own strategies?
Hi Greg, thank you for sharing. I'm glad that the All Seasons Portfolio is working well for you. I don't have a lot of confidence in the economy in the short to medium term since Trump took office, so the All Season feels like a safe place to be right now. Having that higher proportion of bonds has probably served you well over the past 3 years.
Before I jump into what I'm doing, let me say that I'm not an investment professional. I went to business school and got an MBA, but I focus on supply chain management and international business, so my schooling didn't give me any special insights into personal finance.
For me, I'm 33 and feel like I still have time on my side. Therefore, I can be more aggressive and basically go straight equities. I am in all low-cost Indexes/ETFs from either Schwab or Vanguard. My current targets with tickers are:
42.5% - Total Stock Market Index (SWTSX)
42.5% - International Multi-cap Index (mix of 3 ETFs, SCHF @11.5%, VPADX @15.5%, VEUSX @15.5%)
10% - US Small Cap ETF (SCHA)
5% - US REIT ETF (SCHH)
This is quite aggressive, but I'm very risk tolerant and wouldn't touch anything in a downturn. My thoughts are that I'd like to try to balance my investments internationally, so I'm holding much more international equities than most but try to keep it even with my Total Stock Market, which is US heavy. I'm holding the REIT to take advantage of Real Estate equity in the US. My rationale with all of this is to try to approximate the overall economy, not just the stock market.
One other thing that is relevant is taxes. I used to try to balance my investing between non-Roth IRAs/401ks and Roth IRAs/Roth 401ks, but now I'm 100% Roth IRA/Roth 401k. I don't know what options are available to you in the Netherlands, but I'm not anticipating taxes to come down in my lifetime, so I want to avoid taxes on the gains my investments make over time. I'd rather pay the taxes now and pull my investments out tax-free later.
I hope that makes sense. It's kind of fun discussing these things openly. Cheers!
The all seasons portfolio is just diversification. There is nothing new in that. I have for the last 3 decades owned bonds, stocks, gold, land, farms, small manufacturing businesses, real estate, retail and several other assets.
And I was not the first to do this and countless before me did it as well. If you have all your eggs in one basket there is more risk of dropping the basket and ruining everything. Only the most skilled should hold everything in a concentrated manner.
Now with diversification you will not be as efficient at creating overall growth as a person who focuses entirely on say 5 stock holdings or somebody who owns a singular business.
@@PatrickJaszewski
Trump is the only reason the US economy is growing and do as well as it has. People are criticizing him for no apparent reason.
great
thanks for the video it took me 7 months to complete the book its very useful book
in how many days you completed this?
Agreed 😁 The book is a great introduction to investing, it's broad and covers a lot of different topics.
I did the reading in 3 days 😉 However, the breakdown into 5 takeaways I found quite difficult for this book so it required more time than usual, so probably an additional 2-3 days for that.
@@TheSwedishInvestor
thanks for the reply
Kamala kannan gunalan I bought the book when it first came out years back. And I still haven't finished 😬
@@phillfamous
Its really vast so we have to concentrate on what we need
Great videos, thank you, but please eliminate the unnecessary background music, it's distracting and bothersome. Best!
I like the music man
Unapologetic Swedish accent , love the authenticity
Ahaha 😂 cheers! 🙌
Ty
11:20 to 11:45 is an incorrect statement when it comes to most modern lifetime income annuities. Almost all fixed deferred annuities with a lifetime income rider will have a death benefit if the annuitant dies early.
Hi first of all é excellent idea to summarise these book, still need to read theme. Well done. Question why you multiplay by 20 the expenses ?
Appreciate your comment!
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Coud you pleas make the summary of the book creativity suck by Dan Locke
I've added it to my suggestions list 👍
you are underrated
You are listening to The Swedish Investor,
He possesses knowledge like a true nestor !
Hahaha 😁 Maybe I'll steal that for a future video ...
@@TheSwedishInvestor Sure ^^
I've got more lyrics on my Instagram @onlypositivelyrics ^^
You can also let me know if you need more ;)
Hello, can I ask 8.27 in, it mentions investing in all four segments equally.. Have you ever adopted this method in your own portfolio.
Hi Monty 38! No i have not. I think this could be a good approach for someone who is a passive investor and who doesn't spend time researching individual stocks, but for the active investor, it's not productive to restrict oneself to such an allocation. At some point you might find a great stock that you wish to invest in only to realize that you're not allowed to because of portfolio allocation percentages.
If you are on the fence about investing or a beginner, this book/audiobook will give you a giant swift kick in the ass to realizing, investing is NOT as complicated as you think and definitely not as complicated as Wall Street or the big bs is want you to believe. ANYONE can start investing on their own and you don’t have to pay anyone to do it for you.