Sage advice This isn’t just cautionary advice but also reassuring to average investors who aren’t doing too well because we aren’t taking enough risk! Most of us will achieve modest investing goals over time with ETFs and index funds; at least, that’s the hope… 🤞
And the best thing to know is that this is perfectly ok. We have this weird social media culture where people see someone showing their baillion % return and think that this is what they should be aspiring to.
Great video and great points! Need to re-calculate the route again, especially regarding your 1st 'truth.' And btw, is there any way to learn your company's fair value calculation method? Did you do a video about it in the past?
Love it, more new investors should be tuning in to you. Think the next few years could be a bit of a shock for newbies after such a bull run. Keep them coming dude.
Very good video. I appreciate a lot this type of content, because it provides a good perspective on reality unlike all those other channels that are about hyping random stuff all the time.
I have found that most working people sacrifice growth for safety because they can’t put in the time Rules: Don’t buy a stock unless you are willing to listen in to the earnings call regardless if you understand it completely or no Don’t “wing in” Eventuality companies that are not profitable get punished 3 stocks maximum that you can see 10x-ing in 10 years
So true about timing the market! Messing about at this once turned returns of almost 200% into 80% for me. I still feel bad thinking about it now. (And as for leverage - that should be as taboo as doing drugs! :-0)
Great video all new investors need to watch... I'm still going to keep options gambling though, only with money I'm not going to miss. Some people back horses, I buy short term out the money options for fun.
Happened to me with AMD, when it went from between 10 to 14 for 2 years. I finally wanted to sell at 14 do I can buy back at 10 or 11..well the day I did it was when AMD jumped to 23. Lost 140k worth of gains. I now just sit on my shares no matter what.
Damn, we've all been there mate. For me it's on the Crypto end, selling low when they 50x'd months later. Except I still haven't learned my lesson. I've recently done exactly what you did 😭 Funny enough I apply these lessons to stock trading. I've been accumulating slowly over the past year and just haven't touched anything. Seems to be going alright so far, better than my Crypto in fact.
Thanks for this video. As a new investor a really useful watch. I’ve enjoyed so many of your videos. I like the fact you have an honest common sense approach backed up with facts. I can’t cope with anymore overly excited “buy this and become a gazillionaire” crypto hype at the moment.
Many thanks Sasha - you provide invaluable grounding in an entertaining fashion. Like to pick stocks but will keep your truths in mind in my future investments. 👍
I think slowly your channel is the only investing channel worth watching. I feel most channels just make videos about any popular stock just for views.
I did the same Sasha with my Tesla. I saw all those zeros so I took profits. I've actually sold my losing stocks like crappy OTC ones and bought 2 shares of Tesla. I'm gutted as I had 15 shares. But I didn't lose money at least. I'm hoping for a stock split. I would also say set realsitic price targets when people say something will got to $100 then selling at $60 is probably the best bet.
How would you go about choosing an index fund or etf? The whole plan for me was to put a set amount each month into one of these but I don't know how to select a good one
Very important lessons, all of them. I started trading with $1000 (which I "won" on GME at the hype) to play around and catch my psychological failings in action and didn't I just. Leverage trading, etc etc classic rookie shit. If you want to get into trading or investing, I advise EVERYONE to put together a pot that they can lose 100% of and not feel any change in their circumstances, and start trading if you're thinking of going heavy later on. That XXX$ will teach you important lessons. Probably you'll end up losing it all but you'll feel all the "pain" of bad decisions which is super important 👍🏻
Hi Sasha, where would you recommend investing in an S&P 500? I live in Rome, so I’m using Trading 212, but I don’t like that they still haven’t filed their accounts this year.
Great video (along with the one about pltr), I have to give respect (and like) even I almost put you on ignore because of the clickbait videos about t212.
With all the topics I talk about, the point is always to inform and educate. To be frank I am super bored of the negative T212 news and really can’t be bothered anymore. I hope they sort themselves out because I really don’t want to another one - would much prefer to share some good news. 👍
Great video as always. Very common sense. Point 5 is particularly resonant with me as I’ve started investing from January this year. I know full well I’ve been lucky to come in at this time with what’s going ion and certainly don’t think I’m an investing genius, as most of my stocks and funds have gone up by more than respectable amounts due purely to rising markets in general. I’m looking forward to a seeing what will happen in general over the coming years, and fully expect there to be tougher times ahead. I won’t be happy of course, but I accept it’s all part of the way the market works and long term things will pan out well if I stay calm.
Hey Sasha, I'm a fan of your work, really, keep it up and thanks. I'm curious though, since you mentioned Doge coin, about what you have to say about Elon Musk pumping Doge coin every time he gets the chance, be it throughout his Twitter account or on interviews. This really raises speculations for me about this man..
you can never time the market. One's goal should be learning from failure and also noticing that the glass is both half empty and half full. Regarding margin, they should only allow margin according to the equity you have in your account... and also be prepared to lose it all just as you said. Cost averaging and just holding will probably work better than any one's machinations. Playing options you should figure out that you lose 9 out of 10 times and probably that one time you win you can't even tell if it breaks even. Commenting randomly is fun.
As the man says. I have been lucky and know if I average 10% from now on I'm doing dam well. Also know I'm not that smart. Now it's just a gambling game for me and I'm aware of it.
Ooof, 2) Cuts to the bone lol. I have spent hours a day actively choosing and researching things, buying the dips, being a contrarian, etc. I made pretty much slightly less than the sp 500 did since I started, and all of those gains are from my 2020 buys, nothing good happened to me in 2021 haha. All that research and readings reports for nothing. FML
I remember reading a story about how in ancient Rome, a conquering general was often given a huge parade called a triumph. The general rode through the streets in a chariot with the crowds screaming their approval. But in the chariot, behind the general, was a guy who kept the general grounded by whispering in his ear: "You're just a man." This video serves the same purpose. Thanks.
I don’t understand the defeatist attitude. Sure we can’t all be warren Buffett but doesn’t mean we won’t try. Some companies are good, others bad. We’re here to weed out the bad from the good.
I sold a bit - in particular in my Man vs The Market portfolio because I have multiple stocks with similar upsides and it looked like Tesla was going to dump a lot more. A valuable lesson to everyone, me included 👍
Active manager don’t beat the market because their incentives are not aligned with the goals of their customers. They need to produce quarterly results to earn those bonuses and big salaries. And of course making lots of transactions earns them a ton of money in commissions. Long term results are (for the most part) not important to them. Never forget the Skin in the Game philosophy. A person choosing a selection of well known established dividend aristocrats and investing regularly in them will get great results.
How can long term results not be aligned with short term results, in a mutual fund? Surely getting good results quarter to quarter will lead to strong long term gains? Understood about the transaction fees, but some funds don't charge them or charge very little.
@@jessesinclair3861 Often fund manager do not manage their money. So they don’t really care where are you in 15/20 years when they probably won’t be working in that fund for that long. If your job depends on getting good short term results you may take decisions based on that and make speculative trades. Or follow trends, hot stocks for instance. They are constantly buying and selling and that has been proven time and time again to be a guarantee to get poor results over the long term. There are reasons why some of the best investors out there often say “set and forget”, or stick to an index. It’s because active management is only good (with some exceptions obviously) for the guys managing it. Active management is really expensive. The Funds wit low fees are ETFs or passive funds.
@@alexboss1988 You still haven't explained why the interests of the fund managers would be different from the interests of the investors. The argument of short term vs long term is certainly valid for CEOs of companies that would focus on short term growth. But this cannot apply to funds as a fund does not have any fixed long term asset.
You're right concerning the last point. I 'won' big on Blackberry due to a tip from my friend but then wasted it on another silly meme stock in GTT Communications which was removed from the stock exchange! A lesson learnt but it's easy to get carried away with stuff like that.
Yes, but professional fund managers are required to not be over leveraged per holding. They cant go all in on tesla and call it an ETF. So apples to oranges! Commit to the companies you believe in and HOLD! And Elon sold today , long term wins!
Guilty !! Truth hurts. I had forgotten about a huge loss few years ago only for Sasha to remind me. Thank you for you informative and educational videos
Keep telling myself to focus the majority of my investments in index funds but also keep a small percentage to the side to play around with individual investments like Tesla, Apple etc. just to keep the gambling addict in me happy and not try to rule the show! It's working so far so is a good fit for me.
What you said about leverage is so true. Kogan Leo, largest individual shareholder of TSLA, lost heaps due to margin calls in early 2020. He's since made it back, but has lamented leveraging as the most painful experience.
I feel like this video was created personally for me :D Im still in the phase od believing that in some cases its a good idea to transfer money between stocks to improve returns instead of "hodling". I think I gotta learn some things the hard way. However in the video "Investing in stocks that jump" you admit that you sometimes do the same. Cheers.
Leverage is sensible for young investors. It's about getting enough exposure when you don't have enough money yet. Have a look at Lifecycle Investing. But I agree, that you have to think about how to do it. Using a leveraged ETF is a bad idea because due to the daily rebalancing you will deleverage on downturns which is exactly what you should avoid. You should aim to keep your exposure or even increase it after a crash.
It's the unsexy truth about stock picking A plain old index fund or ETF will almost certainly trounce your stock picks in the long run, but we all think we're the exception
STOP!!! You are working yourself out of a job!! =) Appreciate the hard truths. We can't all be in the top 5% and its arrogant of me to think so. That said, I do worry that the s&p 500 is getting full of zombie companies that could be wiped out by innovation or whenever the free money stops flowing. I'm not 'all in' on ARK funds but I do see the appeal. I think it's possible for some of those growth companies to completely change what the s&p 500 looks like in 5-10 years and potential disrupt entire industries (similar to what Tesla is doing to the automotive industry). I'd be lying if I said I wasnt trying to find the next Tesla but that a small % of my portfolio. Are there ways to better headge our bets vs. The typical set it and forget it index funds? How do you personally balance this and do you have any tips or suggestions for self proclaimed idiots that can't help tinkering with their portfolios?
Ah i love some unpopular truths 😀🤪, i thought all returns are guaranteed. You have plenty of friends for honesty and great content. My approach is to have about ten percent speculative fun stocks and the rest is boring etfs etc.
I watch your videos because I know for a fact I am not in that 5% percent that is smarter than the rest. My God, in any case. I slowed down investing in stocks to focus on actually building up my skills in hopes of maximizing my income because in hindsight, it actually makes more sense than throwing money at everything that moves until something sticks, I don't know why I didn't think of it before. Anyway, I want to thank you for bringing clarity to my thoughts and help me get some focus. You have no idea how much I appreciate that.
Do you know the story of Edward Bernays? I thinks it nicely connects to what is happening with the market at the moment. People are very irrational creatures and I find that very interesting lol. Very good video!
Why unpopular? They're all very true and I agree with all of them. Yet I still sell my S&P500 positions to buy a beaten down stock cause I believe it will return more. It's pure greed.
Agreed. GME AMC are black swan events, very unique and I doubt something to that magnitude will happen again. I've learnt quite a lot from it about how the markets work and how corrupt it can really be. Gonna take them gains and stick them somewhere conventional like Tesla or Nvidia. But for now I think they have a bit more upside, especially GME (Up 40% this month on no news). Great vid!
We all need to find our niche in the market. Can you beat the market, you can but the cost to learn it often offsets a lot of money that could have just been put in the market sp500.
I stopped buying crypto altogether once I saw Shiba Inu go to $30 billion. People talk about EV stocks being in a bubble, but atleast those are companies with earning reports and are putting out product or trying anyhow. The entire crypto market could sell off big time if whale money sees one more meme coin go crazy, and I do not want to be there when it happens.
If you watch this video in reverse he says Buy sh1t coins at 10x leverage 🤣. Seriously though Another great video. My own weakness is individual shares when I know I don't have enough knowledge to do it. The problem is that the s and p 500 isn't very glamorous.
Ah yes stock goes down 33% and my unknown leverage must cause me to be a 0. This is complete bs. Not explain the position or teach the use. Let’s just fear monger it. Worse than the pump boys
@@SashaYanshin It really did. Leverage has been such a blessing for me. I’m have a few hundred thousand because of it. Explain the danger not just free monger. You like my mom telling me weed will kill me
Sage advice
This isn’t just cautionary advice but also reassuring to average investors who aren’t doing too well because we aren’t taking enough risk!
Most of us will achieve modest investing goals over time with ETFs and index funds; at least, that’s the hope… 🤞
And the best thing to know is that this is perfectly ok. We have this weird social media culture where people see someone showing their baillion % return and think that this is what they should be aspiring to.
Great video and great points! Need to re-calculate the route again, especially regarding your 1st 'truth.' And btw, is there any way to learn your company's fair value calculation method? Did you do a video about it in the past?
Great video Sasha! People don’t always have their priorities straight when it comes to investing!
Thanks Jamie!
Love it, more new investors should be tuning in to you. Think the next few years could be a bit of a shock for newbies after such a bull run. Keep them coming dude.
thank you. i love videos like this. wish there's more out there. certainty not enough.
👍 Glad you find it useful!
Great video and points. Well said!
👍
Very good video. I appreciate a lot this type of content, because it provides a good perspective on reality unlike all those other channels that are about hyping random stuff all the time.
Thank you! 👍🤗
I have found that most working people sacrifice growth for safety because they can’t put in the time
Rules:
Don’t buy a stock unless you are willing to listen in to the earnings call regardless if you understand it completely or no
Don’t “wing in”
Eventuality companies that are not profitable get punished
3 stocks maximum that you can see 10x-ing in 10 years
Sasha "I'm not going to sugar-coat this" Yanshin. Love it!
So true about timing the market! Messing about at this once turned returns of almost 200% into 80% for me. I still feel bad thinking about it now.
(And as for leverage - that should be as taboo as doing drugs! :-0)
Great video all new investors need to watch... I'm still going to keep options gambling though, only with money I'm not going to miss. Some people back horses, I buy short term out the money options for fun.
Happened to me with AMD, when it went from between 10 to 14 for 2 years. I finally wanted to sell at 14 do I can buy back at 10 or 11..well the day I did it was when AMD jumped to 23. Lost 140k worth of gains. I now just sit on my shares no matter what.
Damn, we've all been there mate. For me it's on the Crypto end, selling low when they 50x'd months later. Except I still haven't learned my lesson. I've recently done exactly what you did 😭
Funny enough I apply these lessons to stock trading. I've been accumulating slowly over the past year and just haven't touched anything. Seems to be going alright so far, better than my Crypto in fact.
Thanks for this video. As a new investor a really useful watch. I’ve enjoyed so many of your videos. I like the fact you have an honest common sense approach backed up with facts. I can’t cope with anymore overly excited “buy this and become a gazillionaire” crypto hype at the moment.
Many thanks Sasha - you provide invaluable grounding in an entertaining fashion. Like to pick stocks but will keep your truths in mind in my future investments. 👍
This should be mandatory viewing for every new stock and crypto account.
I think slowly your channel is the only investing channel worth watching. I feel most channels just make videos about any popular stock just for views.
I did the same Sasha with my Tesla. I saw all those zeros so I took profits. I've actually sold my losing stocks like crappy OTC ones and bought 2 shares of Tesla. I'm gutted as I had 15 shares. But I didn't lose money at least. I'm hoping for a stock split. I would also say set realsitic price targets when people say something will got to $100 then selling at $60 is probably the best bet.
How would you go about choosing an index fund or etf?
The whole plan for me was to put a set amount each month into one of these but I don't know how to select a good one
Insanely good advice thanks.
Very important lessons, all of them. I started trading with $1000 (which I "won" on GME at the hype) to play around and catch my psychological failings in action and didn't I just. Leverage trading, etc etc classic rookie shit. If you want to get into trading or investing, I advise EVERYONE to put together a pot that they can lose 100% of and not feel any change in their circumstances, and start trading if you're thinking of going heavy later on. That XXX$ will teach you important lessons. Probably you'll end up losing it all but you'll feel all the "pain" of bad decisions which is super important 👍🏻
Nothing here that's new - it's been said by every responsible commentator - but this is a very useful summary. Nice one!
Best thing about investing is that none of the principles or ideas are new 👍 All tried and tested over time.
Hi Sasha, where would you recommend investing in an S&P 500? I live in Rome, so I’m using Trading 212, but I don’t like that they still haven’t filed their accounts this year.
That’s basically what he says at 4 mins 55 seconds, so yes!
Great video (along with the one about pltr), I have to give respect (and like) even I almost put you on ignore because of the clickbait videos about t212.
With all the topics I talk about, the point is always to inform and educate. To be frank I am super bored of the negative T212 news and really can’t be bothered anymore. I hope they sort themselves out because I really don’t want to another one - would much prefer to share some good news. 👍
Great video as always. Very common sense. Point 5 is particularly resonant with me as I’ve started investing from January this year. I know full well I’ve been lucky to come in at this time with what’s going ion and certainly don’t think I’m an investing genius, as most of my stocks and funds have gone up by more than respectable amounts due purely to rising markets in general.
I’m looking forward to a seeing what will happen in general over the coming years, and fully expect there to be tougher times ahead. I won’t be happy of course, but I accept it’s all part of the way the market works and long term things will pan out well if I stay calm.
Where can I put 100k at? Any advice? I'd like a multi bagger. Thanks
People love tinkering, but it's so true, if all that effort would go into a proper side hustle they would be way more successful
I needed that, thanks.
So sell everything and move to a secure bunker deep underground...... thanks for the tip
True facts 💯
👍
Great inputs
👍
Hey Sasha,
I'm a fan of your work, really, keep it up and thanks.
I'm curious though, since you mentioned Doge coin, about what you have to say about Elon Musk pumping Doge coin every time he gets the chance, be it throughout his Twitter account or on interviews. This really raises speculations for me about this man..
you can never time the market. One's goal should be learning from failure and also noticing that the glass is both half empty and half full. Regarding margin, they should only allow margin according to the equity you have in your account... and also be prepared to lose it all just as you said. Cost averaging and just holding will probably work better than any one's machinations. Playing options you should figure out that you lose 9 out of 10 times and probably that one time you win you can't even tell if it breaks even. Commenting randomly is fun.
As the man says. I have been lucky and know if I average 10% from now on I'm doing dam well. Also know I'm not that smart. Now it's just a gambling game for me and I'm aware of it.
Self awareness and being measured are so so important! 👍👍👍
Great video!
Ooof, 2) Cuts to the bone lol. I have spent hours a day actively choosing and researching things, buying the dips, being a contrarian, etc. I made pretty much slightly less than the sp 500 did since I started, and all of those gains are from my 2020 buys, nothing good happened to me in 2021 haha. All that research and readings reports for nothing. FML
Which you tubers do you recommend?
I remember reading a story about how in ancient Rome, a conquering general was often given a huge parade called a triumph. The general rode through the streets in a chariot with the crowds screaming their approval. But in the chariot, behind the general, was a guy who kept the general grounded by whispering in his ear: "You're just a man." This video serves the same purpose. Thanks.
Haha! Thanks for the story - I like it! 👍
Has happened to a few roman emperors and also Xerxes the ancient Persian King, they used to do it to guard against hubris
Amazing video. If everyone would follow these pieces of advice we all would make far more money
Love your videos. Keep up the good work! So informative. Timing is everything. I'm one of the first!
Hey Sasha, would be very interested to hear your views about the Crowdcube deck for their latest funding round particularly their forward projections.
Absolute truth.
Best strategy with maximum odds of winning is buy an index and forget about it for several years!!!!!
Funny how most of us will probably fail to heed that very simple advice, right?
As always, the best video on investing by the best and most respectful financial analyst👍
Robinhood margin interest of 2.5% is pretty good though. However, only borrow what you can afford!
Bonus? Promotion? Side hustle? They have that on Amazon?
I don’t understand the defeatist attitude. Sure we can’t all be warren Buffett but doesn’t mean we won’t try. Some companies are good, others bad. We’re here to weed out the bad from the good.
Why selling TSLA … if Your fair value is 3k?
I sold a bit - in particular in my Man vs The Market portfolio because I have multiple stocks with similar upsides and it looked like Tesla was going to dump a lot more. A valuable lesson to everyone, me included 👍
I put over £5k in the s and p 500 today :)
Active manager don’t beat the market because their incentives are not aligned with the goals of their customers. They need to produce quarterly results to earn those bonuses and big salaries. And of course making lots of transactions earns them a ton of money in commissions. Long term results are (for the most part) not important to them. Never forget the Skin in the Game philosophy.
A person choosing a selection of well known established dividend aristocrats and investing regularly in them will get great results.
How can long term results not be aligned with short term results, in a mutual fund? Surely getting good results quarter to quarter will lead to strong long term gains?
Understood about the transaction fees, but some funds don't charge them or charge very little.
@@jessesinclair3861 Often fund manager do not manage their money. So they don’t really care where are you in 15/20 years when they probably won’t be working in that fund for that long.
If your job depends on getting good short term results you may take decisions based on that and make speculative trades. Or follow trends, hot stocks for instance. They are constantly buying and selling and that has been proven time and time again to be a guarantee to get poor results over the long term.
There are reasons why some of the best investors out there often say “set and forget”, or stick to an index. It’s because active management is only good (with some exceptions obviously) for the guys managing it.
Active management is really expensive. The Funds wit low fees are ETFs or passive funds.
@@alexboss1988 You still haven't explained why the interests of the fund managers would be different from the interests of the investors.
The argument of short term vs long term is certainly valid for CEOs of companies that would focus on short term growth. But this cannot apply to funds as a fund does not have any fixed long term asset.
Time in the market beats timing the market for sure. Great video as usual Sasha.
For once, I can’t disagree with anything you’ve said here. 😂
For once?! Come on!
You're right concerning the last point. I 'won' big on Blackberry due to a tip from my friend but then wasted it on another silly meme stock in GTT Communications which was removed from the stock exchange! A lesson learnt but it's easy to get carried away with stuff like that.
Sasha
It is I
Yes, but professional fund managers are required to not be over leveraged per holding. They cant go all in on tesla and call it an ETF. So apples to oranges! Commit to the companies you believe in and HOLD! And Elon sold today , long term wins!
Yep - that’s part of what I was referencing when I said they have constraints 👍
Morning! ;)
It's gone midday in the UK!
@@SashaYanshin You're right. Didn't want to say first though haha
The connection between gambling and (some kinds of) investing is really important. People are delusional too often, too easily
Ouch! then why do you do what you do..
Truths that we all need to hear and remind ourselves of regularly. Thanks Sasha. Spot on!
Thank you!
I'm just waiting for shib to hit $1 it will happen by April 2022
Guilty !! Truth hurts. I had forgotten about a huge loss few years ago only for Sasha to remind me.
Thank you for you informative and educational videos
Great video man!
Thanks! 👍
Keep telling myself to focus the majority of my investments in index funds but also keep a small percentage to the side to play around with individual investments like Tesla, Apple etc. just to keep the gambling addict in me happy and not try to rule the show! It's working so far so is a good fit for me.
He's very right, especially with the leverage point, I'm glad I played with that fire a while ago because now I know how to avoid it.
Sorry dad
What you said about leverage is so true. Kogan Leo, largest individual shareholder of TSLA, lost heaps due to margin calls in early 2020. He's since made it back, but has lamented leveraging as the most painful experience.
I feel like this video was created personally for me :D Im still in the phase od believing that in some cases its a good idea to transfer money between stocks to improve returns instead of "hodling". I think I gotta learn some things the hard way.
However in the video "Investing in stocks that jump" you admit that you sometimes do the same.
Cheers.
Leverage is sensible for young investors. It's about getting enough exposure when you don't have enough money yet. Have a look at Lifecycle Investing. But I agree, that you have to think about how to do it. Using a leveraged ETF is a bad idea because due to the daily rebalancing you will deleverage on downturns which is exactly what you should avoid. You should aim to keep your exposure or even increase it after a crash.
Man this feels like I’m being told off for everything I do wrong 😑😁😁
Sorry! 🤣🤣🤣
You are! 😉
It's the unsexy truth about stock picking
A plain old index fund or ETF will almost certainly trounce your stock picks in the long run, but we all think we're the exception
Yep. So here we are to have a momentary acknowledgement of that fact before we continue talking about picking stocks 😂
STOP!!!
You are working yourself out of a job!! =)
Appreciate the hard truths. We can't all be in the top 5% and its arrogant of me to think so. That said, I do worry that the s&p 500 is getting full of zombie companies that could be wiped out by innovation or whenever the free money stops flowing. I'm not 'all in' on ARK funds but I do see the appeal. I think it's possible for some of those growth companies to completely change what the s&p 500 looks like in 5-10 years and potential disrupt entire industries (similar to what Tesla is doing to the automotive industry). I'd be lying if I said I wasnt trying to find the next Tesla but that a small % of my portfolio. Are there ways to better headge our bets vs. The typical set it and forget it index funds? How do you personally balance this and do you have any tips or suggestions for self proclaimed idiots that can't help tinkering with their portfolios?
Ah i love some unpopular truths 😀🤪, i thought all returns are guaranteed. You have plenty of friends for honesty and great content. My approach is to have about ten percent speculative fun stocks and the rest is boring etfs etc.
Loved the content.... but was quite tame Shockbait. We need to see you out of your comfort zone?
Yup, I'm sticking to ETFs. I totally agree with you.
I watch your videos because I know for a fact I am not in that 5% percent that is smarter than the rest.
My God, in any case.
I slowed down investing in stocks to focus on actually building up my skills in hopes of maximizing my income because in hindsight, it actually makes more sense than throwing money at everything that moves until something sticks, I don't know why I didn't think of it before.
Anyway, I want to thank you for bringing clarity to my thoughts and help me get some focus. You have no idea how much I appreciate that.
Amazing that Bogle’s gift to mankind is still so misunderstood 50 years later.
Do you know the story of Edward Bernays? I thinks it nicely connects to what is happening with the market at the moment. People are very irrational creatures and I find that very interesting lol.
Very good video!
Excellent video. All these points are very valuable.
I will not be tempted by options!
Paper hands lol Selling Tesla? You should definitely put all your money in to ETFs
Sure I shouldn't just keep it under my pillow?
Don't be sorry. Have some balls. ;)
Hey Sasha what do you think of Sofi stock? Chamath backs it and it has amazing growth but its financials are a complete mess
Chamath's backing doesn't give it credibility. It's still an interesting company though
Why unpopular? They're all very true and I agree with all of them.
Yet I still sell my S&P500 positions to buy a beaten down stock cause I believe it will return more. It's pure greed.
Do both, but mostly do the right thing, fill up your isa with index funds, and scratch that itch, (with a small amount)
Third 🤙🤙
Agreed. GME AMC are black swan events, very unique and I doubt something to that magnitude will happen again. I've learnt quite a lot from it about how the markets work and how corrupt it can really be. Gonna take them gains and stick them somewhere conventional like Tesla or Nvidia. But for now I think they have a bit more upside, especially GME (Up 40% this month on no news).
Great vid!
I once won $400 on two hands of blackjack. Maybe I should start giving advice on how to beat the casino 😉
First!
Wow. That was seriously fast!
We all need to find our niche in the market. Can you beat the market, you can but the cost to learn it often offsets a lot of money that could have just been put in the market sp500.
oi i came here for an echo chamber! not this much needed advice ffs
I stopped buying crypto altogether once I saw Shiba Inu go to $30 billion. People talk about EV stocks being in a bubble, but atleast those are companies with earning reports and are putting out product or trying anyhow.
The entire crypto market could sell off big time if whale money sees one more meme coin go crazy, and I do not want to be there when it happens.
If you watch this video in reverse he says Buy sh1t coins at 10x leverage 🤣. Seriously though Another great video. My own weakness is individual shares when I know I don't have enough knowledge to do it. The problem is that the s and p 500 isn't very glamorous.
Sooooooooo true.
👍
Yep picking individual stocks scratches an itch Funds don’t because it’s more like gambling. Guilty as charged m’lud!
Confirmation bias is everywhere
Now do a video on "dumb $hit rookies think about stocks" such as "shorters make the stock price go down! Bad!"
How about selling options? I guess your statistics change with that;)
Never sell Tesla rule no1
Ah yes stock goes down 33% and my unknown leverage must cause me to be a 0. This is complete bs. Not explain the position or teach the use. Let’s just fear monger it. Worse than the pump boys
Wow. That sounds like it hurt deep.
@@SashaYanshin It really did. Leverage has been such a blessing for me. I’m have a few hundred thousand because of it. Explain the danger not just free monger. You like my mom telling me weed will kill me