When a man shares his experience with other people for free he is always deserves respect. But remember your decisions is always yours, and if you loose money it's only your fault.
I agree with what you said, however I would add something to this. Assuming you mean “if you lose money it’s your fault” is about picking individual stocks…the reality is that people can lose money with index funds as well. The difference is that they don’t view it that way. If the index loses money it’s “not your fault it’s the market” however the person chose to be a passive investor and take whatever the market gives them. They are basically betting that history will continue and give them a better outcome than they could do actively managing. These are all choices the difference is that investing passively masks itself as “faultless”
The more of your content I watch, the less confident I am in picking stocks and am leaning more towards the indexes. But for me, that's what your videos have really taught - that stock picking is hard work that requires a serious amount of time and dedication. I appreciate that you show the process in detail. Love your channel! 👍🏼
Well, I don't want folks to get discouraged investing in individual stocks if they are interested in them. There's no guarantee my level of effort is better than what others are doing, but I get it. Thanks for the kind words, I know you've been watching for a while so you've been here to see it grow!
What works for me is index + 1 celebrity stock pick. This way i don t have to track the index but i read news on the stock daily. I can only track one stock.
Keep up the good work. I am invested 75% in index funds and 25% in cherry picked stocks that have good dividend track record. Not necessarily beating the market, but I am happy with my work. Don’t worry about other people’s negative comments.
My largest position is VOO followed by SCHD and then as I got smarter I started picking individual stocks…but I have a rule where individual stock makes up more than 2% of my total portfolio. That’s just me recognizing I am not smarter than the index but I still like to try. Great video as always, I appreciate you.
Wow! Thank-you for the shout-out! Quick response on biggest value from channel: Visa And entertaining videos and amazing thumbnail art (Reference: 4 Takeaways from Berkshire Hathaway 2024 Letter) Long response: Your channel discusses topics that are new to me & add value to my general business knowledge. On a specific level, your Visa videos have introduced a whole world to me. Many other influences. Ironically; I can’t recall ever buying an ETF until I watched your ETF videos. btw .. my wife is so happy for your kind words; thank-you .. proud to be one of your many big fans.
Your wife is lucky, you seem like a genuine good dude! I’m a fan of stock picking and ETFs. I have found as my life gets more hectic that I do prefer index investing but I do still hold a good amount of individual stocks as well.
The ugly side of social media is well...really ugly. Why is it we feel free to be arrogant and rude when not face-to-face with a real person? I am pointing the finger at myself as well. This was a great reminder for me to take the higher path of being humble and kind. Thank you, Matt, for your contributions to the Tube.
I like to think of stock picking and my portfolio in general as quasi “ETF” that has been curated and personalized to fit my goals and tastes. Many ETFs including QQQ and SCHD only have around 100 holdings. As a stock picker, I can evaluate and invest in any or all of the components of a given ETF and add or remove or weight them however I wish, all while avoiding any fees. Some companies that are held in ETFs or index funds are companies that I have reservations about owning, some don’t align with own personal beliefs, some I have had horrible experiences with as a customer, some just stand out as poorly run with little chance for future success. I’d rather find 20-30 companies that I love and know and feel strongly about then having exposure to companies I want nothing to do with. That approach isn’t for everyone, but for me it works great.
Definitely, and it's a great way to look at it. ETFs are just following an index or a methodology. We're creating our own methodology and criteria and picking stocks that fit. Sounds pretty similar to me
Nothing wrong with stock picking as long as you’re honest about the underperformance vs indexing and what’s it’s costing you over time. Same could be said for certain flavors of index investing, in fact: dividends only, high income, value investing, etc. The vast majority of retail investors, including the UA-cam finance bros, hide their losses and cheerlead their wins. More focused on getting clicks than sharing an honest account of their investing journeys with a spotlight on both their failures and successes. Appreciate the fact you’re not putting up another one of those channels! Thanks for keeping it real, Matt and good luck! 💯
Enjoyed the video Matt. We don't have a single stock in common right now, but I like to check out other people's views on things. It helps me to keep learning. Every once in a while these videos turn me on to another stock I never considered before which has contributed a lot to my portfolio positions I have now.
Bro I'm a passive indexer but I still enjoy the channel. It reminds me that I made the right decision doing the index 😉🤣🤣🤣🤣 Much love bud. Gotta pick on you. Appreciate the content!
Loved your introduction! Touche Andre. Yep, Be kind and humble. I have a quote for you. "Be pretty if you can, be witty (humorous) if you must, be gracious if it kills you." THAT IS TRUTH!!
Love your channel Matt. I’ve been investing since late 90’s. Had mostly about 20 stocks at that time and lost a bunch during the tech bubble. I stayed with individual stocks for a long time, but several years back I looked at my long term gains. Over 10+ years I just couldn’t beat the market so I slowly sold my stocks and bought etfs. For me I got tired of seeing loses in certain positions and managing all the individual stocks. So I went the route of simplifying my portfolio. I still follow the market everyday but don’t stress anymore over individual stocks.
That's awesome, thank you! I think you make a good point that our strategies do evolve over time naturally anyway. Either because of our own thoughts on performance, or level of effort needed, etc. It's always changing as we change
@@mattderron yeah now my time is spent more on asset allocation on all my accounts and keeping it simple more than micro managing at the individual stock level. I think the most important thing is time in the market no matter what route you go. Always learning from mistakes and understanding risks levels based on where we are in our lives. Best of luck
💯 lopesphoto. You have to have balls of steel to psychologically handle individual stocks even on mega caps. Most ppl don’t. If you can handle the waves many companies are tremendous compounders but you need 20-30 years to realize extraordinary gains. MSFT was dead money for a decade but if you had conviction and DCA on MSFT it’s turned into a fortune over the decades.
@@lasercooper I do remember when Microsoft was trading in a range for a very long time and didn't go anywhere with Steve Ballmer. That's just it, just because you hold a stock and it performs well for years, doesn't mean it will forever and can stagnant. So you have to continously research and stay on top of your individual positions. For me I just couldn't do it anymore and I saw over long periods of time I couldn't beat the S&P, I was a couple of percentage points behind.
I'm a proud owner of 70 shares of SBUX and watched it fall off a cliff last thursday after earnings call. I've never even tasted Starbucks coffee but my kids and grand kids do, so I bought some because they like it. I think I lost $1100 in 2 minutes on thursday but I'm down only about $900 now. It was hilarious to see. I thought "Someone give that stock a parachute." Turns out it is just as much fun losing money as making money. I didn't sell btw. I'm 75, my portfolio is about $300K and I have other sources of income anyway. It's like playing Monopoly! I'm with Schwab now, their reps are great!!
Schwab customer service is really excellent. It's one of the things I love about their platform. They definitely won't all be winners, the hope is that over time the good ones outweigh the bad ones.
ETF's and Index funds when the market is up. Individual stocks when the market is down. I know it is not that simple but a general rule of mine. When the market was down in the beginning of 2023 invested in Google at 88, amazon at 81, Meta at 110, Tesla at 103, WestRock at 29, Microsoft at 230. Now I invest in ETF's mainly.
@@mircea_h Right now the market is at all-time highs. I do not see deals in the market regardless of what others say. There will be a downward correction in the market eventually. When? No one knows. The Market will drop 20% or more that is when you buy. At the same time ... I recently bought Meta after the earnings dip at 420. It's not black and white. I prefer to know when I buy an individual stock, it is a deal. With the market so high I invest in ETF's like SCHD. I have 50,000 on the sideline right now collecting 5%. When the market drops ... I will buy a lot of individual stocks. In the meantime I dollar cost average into SCHD. Making money in the market takes time but always be investing.
I watch your videos because you bring value, and because you are inclusive with all types of investors. No judgement, no saying "you should do this", just honest sharing of your investment process with its highs and lows. Our portfolios and objectives are different, and we can all learn and benefit from others'perspectives. You're doing great Matt, thank you for the hard work!
Love your tone man. You’re definitely talking to the everyday person who wants to gain some financial literacy. I don’t feel like you’re trying to sell me something like a lot of other videos I see.
Hi Matt, I've been watching your videos for a long time and never left a comment. Don't worry about the idiots saying bullshit. We are here because we find value in your content, and learn from your experience. That's what matters. Thanks!
I think what some people also forget is that investing in individual stocks can be good for you as a hobby if you enjoy doing it. It keeps your brain active it makes you stay engaged with the news and it gives you practice at taking emotions out of your decisions so even if you slightly underperform index’s is that opportunity cost really that bad when you look at the non montiary gain
IMO you should build your foundation with ETFs first. Focus on building your income and don’t worry about picking investments. If you absolutely have to pick stocks because you care about it that much…pick 1 or 2 you are interested in and start the process of researching and monitoring their progress every quarter but with a small percentage of your total. Income and index funds will take you far. You should only complicate it if you really really want to pick stocks and only after you’ve built a foundation. Just my thoughts and experience with it
@@mattderronthanks for the quick response, the vanguard video you made on voo vgt and vti was top notch. Learned a lot on that video alone. Going to binge all your videos
I only watch you because we have the same haircut. Beard is similar as well. Keep up the content. We don’t have the same lineup but do have some overlap. Your help confirms I am on the right track or need to make a change. Keep it up.
Love your way of sharing your honest inputs.. What is your thought on putting some % of Portfolio in leap call in Mag 7 or any other specific potential stock which we expect to go up?
If you know what LEAPS are, you probably don't need much info from me. In general though, I personally believe most of the Mag 7 will continue to outperform - that's why I've added many of them to my portfolio (NVDA, AMZN, AAPL, META, GOOGL)
I personally am an index investor, but would never dream of criticizing active investors. The reason being is that the efficient market hypothesis only works if there are active investors doing prize discovery, so i am grateful for anyone spending that much time and effort.
Why not have both? Keep DCA'ing into QQQ and SPY but then keep some cash on the side for those times when your watchlist stocks hit your target price. I think you can have both worlds if you have the time to track individual companies.
There is actually a study that buying spy always at all time highs, yelds better total returns than buying only dips. Just be careful with market timing, might not make such a big difference for investing. Good as emergency funds, but not so much for buying dips.
I am primarily a dividend investor, so I have a lot of dividend ETFs, REITs, BDCs, and so on, but I also have some indexes, and some individual stocks in companies I believe in. Who knows what the future may hold but so far my bets on CAT and MMM are really paying off.
@@mattderron My position in CAT has gone up so much (over 35%) that I'm kind of afraid to buy more as it would dilute my gain... does that kind of thinking make any sense? What is your take on stocks that are rapidly rising when no other variables are changing?
I think it's normal to feel that way (I don't want to add to this because it keeps going up). I bought CAT around $245 I think, and I wanted to add more. When it went up to $265 and then $285 I felt like I shouldn't add to it (like you mentioned above). Then it went to $360+ and I regretted that lol. It's naturally to feel that way, I tend to just buy if I think a stock is still at good value, even if I bought in at great value earlier. I did this with Amazon recently. I think I started buying at $150, bought again at $167, bought again at 170...and it's been just fine.
I think as far as I can tell you sir and I have a similar experience and relatively similar strategy. Yes the more you learn the more you realize “ I could at my age just do a good index fund and pull the same or possibly better return. “ we all know that and we all have money there. I think if you don’t TRY to beat the market you are left feeling that you could have done better. I think at the end of the year if my dividend portfolio has done slightly under, same or slightly over the general market I have at the end I get a feeling that “ I did that!” I picked those. I formed a strategy and I myself had an active role in the fruits of my labor. We enjoy reading about companies and research and it’s fun to see what it taught us, people like to be very judgmental for some reason. I don’t want to see anyone loose money, even the apes and the meme stock folks ( though I think their strategy is misguided and horribly flawed). I wish we could be less aggressive towards each other. Good for Matt! I saw my happy family today in my nice neighborhood and they are happy. I am too. And I did that. I enjoy continuing to do it. Keep up the content. Thank you.
Thanks Matt for taking the time to put this out. The simplicity of index funds has worked for me. The growth mindset is so powerful, isn't it? I appreciate you!
I mainly bought individual dividend stocks early on and slowly moved over to a bigger concentration into etfs. However, i have about 25% of my portfolio in single stocks, and they have outperformed my etfs like VOO. I personally love buying individual companies that i fully believe in and understand.
Most of my money is in ETFs like SCHD, QQQ and VGT, and, mutual funds like FDGRX and VWELX. But I still dabble in individual stocks because it helps me keep my brain active. I enjoy great videos like those coming from you.
Appreciate your positive attitude and the effort you put into your videos. I invest in ETFs and individual stocks. Always trying to learn. And I'm recommending your channel to friends as they start to invest as well.
Newer to your channel. Very impressed with your content! Thank you for your efforts to educate and guide, with a nice, gentle, well-informed stye. On a side note, let your wife get praise without making it about you (in a negative way). She is beautiful, with or without being your wife. Be confident that she’s smart and made a smart decision to be with you. You don’t need online strangers saying you’re great catch. You only need her opinion of you ⭐️
Im glad you like stock pick. Personally i have done before but went back to index fund. I did beat the market but it depends on what time period. I find it difficult because when the stock is down, i just dont know if the bad news is real or temporary. Some times the bad news can be really concerning and legit. What happen if a stock is down 5 years? If i keep adding more, and it doesnt recover, i underpeform the index. What happen if a stock is down for 5 years and i sell it and then it recovers on 6th year. I underperform again. What if it stays flat for 8 years and then I am not adding or selling but i could have bought index fund and miss out in the return. Its just so hard for me.
Definitely it can be tough because it doesn't go in a straight line. That's why I share that META example so much. It was down 40% after 4 YEARS and then now has totally crushed the index. It takes a lot of conviction to hold through that for anyone
Numbers help a lot. If you see revenues, profits, users growth, etc that business is healthy. You can sleep tight. Market prices are a gamble short term, but yhey always allign with business metrics. Meta is an ads giant.
Matt, i appreciate your perspective as I don't have any Coworkers or Friends that invest. You're conversation is something I consider, but to condemn then maybe Im a little special and need someone to pick on. I believe your are real and want to share, the good and bad as it comes. Perfection is desired by some and it causes unhappiness because its not manageable from one moment in time to another. Do you and hopefully others have the independent thought to figure out how to be themselves. Its easier to hate on others that to work on one self to grow and evolve. You are truly appreciated and stand strong.
you do you brother. When investing it is always a completely personal choice on how you see the future, you invest accordingly. I have ideas but not enough conviction to go into a completely personalized portfolio of single stock positions.
@@mattderron Cheers. love your videos. I take small positions outside index funds but I do target sectors on personal beliefs. I also buy single stocks (very small positions of my portfolio on convictions) I do so as I think you do with the assumption that I can be wrong. You articulate this more than enough.
In my view, the way people express themselves outside is the way they feel themselves inside. Rudeness for some people is natural because this is all they know from their internal journey so far. Matt, I love the way you mitigate such rudeness using it as an inspiration to be creative and to record this video. You don't blame, you don't complain, you don't backfire and that's one the beauties of your channel and the work you do. I know that the more success you have with this channel, the more rudeness you will attract, because it is common for many people to be jealous of others' success. Especially with the high level of transparency you are showing here. But overall, I think you are on the right path with the approach you have chosen. Thank you for this thoughtful video. Keep being funny, nice and opened. Greetings from Bulgaria.
Awesome thoughts. Thanks, Matt! I would love to see a video on how you would invest if you were only allowed to look at your portfolio once a year. I'm lazy :).
Hi Matt, love your videos!! I am from Greece and I have started from the beginning of the year with my investing trip. Late I can say since I am 46 but again is never too late. My goal is to leave off dividends in the next 20 years and also have a capital gain. I choose two ETFs portfolio 50-50 with SCHD & VGT. My contribution per year is around 30k divided on a monthly basis. Love to read your comments. the video made me subscribed to your channel was the ETF portfolio 50-50 schd / vgt
I also did re-adjustments to my portfolio last month that I think are paying off, but we have very different stocks and I think you have pretty good stocks, but I'm too afraid to buy them at that price point. The only one I think won't contribute to your goal is MCD, I think that will give you steady dividends, but won't beat the S&P in the long term
Matt; encourage or challenge those folks to start a channel 😊😊😊. 99.9% of them WONT. Personally, am 70% indexed and 30% single stocks. Owning single stocks are what get my wife interested in our investment portfolio. Your videos (& channel), are a source of ideas and insights. Stay the course.
I have said that sometimes and you're absolutely right. That is the beauty of UA-cam, we can all create videos about what we're interested in and people have the choice to watch or not
A well known investor said something about Index fund investing the other day that I couldn't help but agree with and will never forget. You may get lucky when you pick individual stocks and you may even make a lot of money, but being able to do that long term is what allows you to compound your money. Being able to pick the right stocks at their highs and lows is not only time consuming but nearly impossible to do consistently. If you really want to compound your money consistently invest in an index.
@@mattderron No idea. Probably not but what I'm finding with individual picks is for every great investment I make I also make a horrible one. I might be up 400% on Meta but I'm also down 60% on 3M. I'm up 80% on Amazon but down 30% on Paramount. Ultimately I made a good call on Meta, Amazon and Google but I'm starting to move funds back into indexes just as a protection from ignorance.
Ultimately, people should do what makes them comfortable. What I would say though, is that people like Buffett, Peter Lynch, etc all talk about how you're going to have losers and the idea is that the big winners should make up for the losers over time. In your example if you were truly up 400% on META, 80% on AMZN and then down 60% on MMM and 30% on PARA - just some basic math shows me you're likely way ahead of the game and likely beating the index with those 4 outcomes if you put a similar amount of money into each one. Now...it might not be something you're comfortable with and that's all that matters in the end. But this is why I think we should look at big picture instead of focusing on "how many we got wrong." The reason why people don't worry about it with indexes is that you're not judging your actual performance, it's all "the market" so it feels different.
It's hard to get through to some Index diehards. I had versions of this conversations many times. I tell them I'm mostly invested in index funds, but it is my individual picks like Apple and Microsoft that have provided the biggest returns. I've been investing for nearly 4 decades. They typically respond that index are still better in the long term. I'm nearly 40 years into what I expect will be a 50-year investment journey (then I'll pass away). How much of a long term do they want for proof?
Matt thanks for the videos. I appreciate what you are doing and the transparency of the process and returns. It has helped me in my portfolio journey. I have a small segment of individual stocks to augment the ETF’s I hold. People should understand their own risk and invest accordingly understanding that what you see on UA-cam isn’t necessarily the gold standard but can be educational and assist a person in learning instead of solely relying on a financial advisor to do everything. Some of my best financial moves have resulted from my research instead of the advisors. Keep up the good content.
Everyone’s investment strategy is there strategy which makes it there path .🎤 no two paths will be the same and that’s Okay!! Learn, support and encourage everyone in there journey. Kudos to you mate
Love the video Matt! There's a lot of toxicity with these topics man. I think it's because they naturally require conviction and confidence. Basically investors want to believe that they have "the way" to invest - and if any other way exists - it challenges their conviction. I've had to step away from social media (especially reddit) because of it. Anyway, thanks for your videos and for talking about everything so openly. Cheers!
I am sorry to hear that you receive so much criticism. I just want to say I do agree with you. There is no one size fits all portfolio. It sounds like you got pounced on by a gang of Bogleheads. I like to point out, as an dividends growth investor, I don't plan to finance my retirement by selling my holdings. Instead, I want to generate enough dividends in order to pay for my living expenses. I just don't think broad market index funds will provide enough in dividends for me to do so. As a result, I invest in dividend growth stocks. I do agree with @WhoaNelly Jake. Whenever I am asked to complete an end of the year college course evaluation, the people who are satisfied or happy with the course rarely leave a comment. But, those who are dissatisfied, you always hear from them. So, you should know for every 1 critic there are indeed 10 people who agree with you.
Matt your videos are always great as you are truely transparent one of the very few guys doing it this way, ignore the morons keep doing exactly what you have been doing, you will no doubt beat the S&P 500 as you keep learning and getting better…
From what I know of it, I think it's great. If you include our other accounts that just have the S&P 500 in it, that's kind of what we're doing. Although my stock portfolio is a little larger than a satellite to our other accounts. But still, similar concept
Hey Matt great video as allways. I resarch stock market for year and don't know much yeat, but I know I'm watching your chanal and one more. I just deleted most of chanals that I was beaning subcribed at. So you keep doing your job and I'm keep learning. Best luck and all the best.
You earn some 💵💵 by helping us better understand your methods of valuing a business. That is OK with me . The info you relate to usuals value and helps us make better decisions when investing our money. So thank you !!
There are always going to be some people that are going to be critical of YT videos. Since you are openly showing both your winners and losers, and therefore both sides of your investing journey, there will be the naysayers expressing their opinions on the negative side, but also there will be those who will be complimentary on what you are presenting. That comes with the territory of doing these YT videos. I know it is easy for me to say this, but don't take the negative comments too hard. Nobody's perfect. Hopefully, people are enjoying and also, benefiting from your highs and lows of your investing journey.
I can’t help but marvel at those who just want to do index. Which is ok, but If that is true why are they even watching. I’m trying to learn and I appreciate your thoughts and insight. I like your process. Just tune the others out.
im all in on Index funds but i love watching Matts videos because they're super cosy, educational, along with highlighting the flaws with stock picking, but i still love Matt because he's a genuine character, none of those Webull, moo moo shilling nonsense, just straight facts!
Stock picking itself is still generally speculation, and if you aren't it requires a lot of hard work. You don't really know for sure what's going to happen, you only take your best bet. In that regard, the index is pretty much the best risk free brain dead way of growing wealth. The market consistently trends upward over time, and will likely continue to do so (even if its only due to inflation and population growth related demand). If you like gambling or learning how to read financial statements and economic data, then you can handle individual stock picks. If not, just index. Only 10% of the population can handle stock picking, the rest should just index.
Look I know both ways have the ability to do very well with, everyone has their own life and path to live by. Trying to persuade others is a waste of your time, do what suits you and your respective situation. Basically what you mentioned in your video but, I used to be the guy trying to get confirmation from others that what I'm doing is right and I wanted others to know that I'm doping it the right way. This as I mentioned above is a waste of time, you will get nowhere. Do you and thar's all, thank you for putting your thoughts out there at least you showcase everything and do not hide anything.
In addition to the person that lost money on stocks without context, you didn’t lose money unless you sold. If you believe in it, ride it out. If not you have loses to claim on taxes
i lost 50K AUD during covid, spent my savings investing in stocks, thinking the drop will give good returns. did not know about valuation or moat much. so sad, but i still not did not up. learing and investing slowly. I learn a lot from youtubers who are genuine and share knowledge. you are one of them , so keep been honest and share knowledge.
Too much passive investing in index funds is also not good for the market as a whole. The point of a market is to reward good stocks and penalize bad ones.
This is a topic that really doesn't get talked about enough IMO. There is no passive investing without active investing and I agree the more passive investing there is, the more the market is determined by fewer and fewer active participants
Here's a huge thing I learned through the years. If it sounds too good to be true it is. I lost money from a ponzi scheme that my friend was really into and certain crypto opportunities. Make sure you do your research on what you're investing in. You can take some risks just be careful.
Hey Matt great video On the comment that 98% of people cannot beat the market may be true. Regardless of whatever the percentage is, when investing in ETFs you are getting good stocks along with bad stocks. And I can tell you for certain the people that watch fundamentals do their homework do beat the market a majority of the time. Like you said everyone's strategy is different. Not one size fits all. your videos provide a good service for the people that want to try. If you're being judged on short periods of time, it's easy for someone to tell you you're doing something wrong. let's wait and see how you've done over 10 years or so. I have watched many of your videos and I don't agree with everything that you say but I'm certainly not going to criticize you for it. From what I have seen in the homework in which you do my bet is you will be that 2% that beats the market. Then I'll be right there with you brother.
Yea man don't worry about the haters, they always tend to be the loudest. The majority of the people that enjoy your content may not even comment. Regarding the investments I'm exactly the same as you, I invest 100% of my 401k and IRA in VOO. I have the individual taxable brokerage account on the side for fun with individual stock picks and to hopefully make some money to play around with while I'm still young.
That's awesome. Easy to automate the retirement accounts especially when they're attached to a job. Taxable brokerage is a great place to experiment IMO
All right all right, since nobody asked, I will give my opinion. ;-) Simple investment? The base of your 'simple' portfolio? SCHD+VGT+VOO you have the SP500 , your IT stocks covered, top 100 Hi-div stocks covered. Go to bed you are done. Matt has THE definitive video on this... Somewhere. . But you will not see this: MSFT +62% + dividends. META +310% + dividends. FWONA +88% no dividends. Or this: CURA -13% (was minus 64% at some point!!!) no dividends. SEA -35% and been that way for 12+ months. DIS -27+ no dividends. HUT varies +/- 24%. . Now you could have more fun: I trade on Footsy (now LSEG), TSX, FSE. All this being said my portfolio is a majority ETF but I have fun picking stocks. . Great video Matt, as usual. Cheers, a.
When you have a UA-cam channel or any social media platform you will get negative comments Everyone must decide if it’s worth it or not,at least you’re making money
The haters are doing exactly what they’re good at, hating. Keeping DOING you while they watch and troll. Embrace it, it’s fun to play with them a bit too ha.
Bro, I almost successfully timed the market, but I can't get over the fact that I messed up. I sold all my VFIAX in aug30, then on oct 31 I could have bought them again after they had dipped, but instead I was distracted with landing the job I have now and missed out on the 11k of growth. 5k if I just never sold at all.
Thanks. We'll see how Lulu does this year with other consumer discretionary getting hammered. You never know, but I think their fundamentals are so good it's just a matter of what happens with demand and the economy
@@mattderron Yes exactly. Between aug and oct it dropped a lot. I now know I was probably just lucky, but I keep ruminating on not clicking buy on oct 31 lol
It's tough to do that, the people I've seen be successful with it have their process identified (technical signals) and they just follow it religiously knowing that it will work sometimes and not others...but they have a system that seems to work for them more often than not (as far as I know...I don't know them personally)
You can buy anything, any stock but only if it has value at this moment. Literally don't be a sheep, don't follow hype. Buy when there is blood in some sectors)
That's one strategy...but just because there's "blood in some sectors" doesn't make something a good investment and/or have enough of a growth outlook to meet your criteria. Plenty of people who bought "value" that never came back. Depends on what your goals are, but that's just my opinion.
A lot of ppl just don’t have the time to research. I work from home half the time and have enough time to look into stocks and have beaten the market since I started. Why mimic the market with ETFs when you can beat it? You just have to be able to stomach the recessions and market downfalls
I missed you during your earnings video but I have to say I'm going to ride out the storm with SBUX. I was shocked when you said that you might exit the position by next quarter. That's really abrupt and given the context of the whole picture a lot of people's sales are starting to decline because of what's going on. Management might have been optimistic at the beginning of the year and hopefully they won't make the same mistake again. Have your thoughts about exiting changed since sbux earnings?
I already exited actually. I just didn't see the point in holding on or what I was hoping to happen. Everybody will look at their earnings from their own perspective. For me, it was simply that amount of change in their outlook from one quarter to the next was so crazy and I just didn't have a lot of confidence in their plan. It's a different situation than say AAPL. AAPL has growth concerns too but they also have a ton of cash and can weather the storm until growth returns. SBUX doesn't have that luxury with the amount of debt they're carrying. I knew that in Feb when I thought about cutting them, but I figured..."even if they don't hit 15%-20% EPS, they should be high single digits or low double digits." But to go from 20% EPS to 0% in one quarter without a plan I feel good about (just my opinion) was a tough one for me to stick with. Plus for me personally I already have MCD as a big position in my portfolio which will have some similar challenges. Anyway...like I said in the video, I get why people will stick with it and that's totally cool. I may end up regretting the fact that I cut it but I'm ok with that.
@@mattderron Yeah they are really cutting it close with their debt. I think they have two big payments this year or next with only 3 bil in cash on hand. Totally understandable- only time will tell what happens!
If the new tax proposals go through investing will be significantly worse and harder for people to actually accumulate real wealth. I think I heard a long term capital gains change to where if you have over 1 mil in stocks they will remove long term capitals gains on it and tax it at ordinary income, and thats just some of the bad news. Why do so many people who have already made it want it to be significantly harder for newer people to become wealthy? None of the new proposals will do anything besides make it easier for the gov to spend all our money and raise inflation further
I would be surprised if they go in as currently proposed. They seem to be very unpopular. Crazier things have happened though and the reality is that it's easier for folks to expect someone else to be responsible than to be responsible themselves unfortunately
@@mattderron I would feel really bad for some folks I know who are close to retirement and are probably going to want to start selling out of their positions as they get older. I don't honestly think it will be popular amongst the people who ultimately write the laws but who knows these days
For every annoying rude commenter, there are ten people that enjoyed the video, and didn’t write a comment.
For sure…also your avatar is amazing! Low End Theory…all time classic
@@mattderronAye thank you! It’s a classic album!
When a man shares his experience with other people for free he is always deserves respect.
But remember your decisions is always yours, and if you loose money it's only your fault.
I agree with what you said, however I would add something to this. Assuming you mean “if you lose money it’s your fault” is about picking individual stocks…the reality is that people can lose money with index funds as well. The difference is that they don’t view it that way. If the index loses money it’s “not your fault it’s the market” however the person chose to be a passive investor and take whatever the market gives them. They are basically betting that history will continue and give them a better outcome than they could do actively managing.
These are all choices the difference is that investing passively masks itself as “faultless”
The more of your content I watch, the less confident I am in picking stocks and am leaning more towards the indexes. But for me, that's what your videos have really taught - that stock picking is hard work that requires a serious amount of time and dedication. I appreciate that you show the process in detail. Love your channel! 👍🏼
Well, I don't want folks to get discouraged investing in individual stocks if they are interested in them. There's no guarantee my level of effort is better than what others are doing, but I get it. Thanks for the kind words, I know you've been watching for a while so you've been here to see it grow!
@@mattderron It's been a privilege to be part of your journey. Plus, who could say no to all those 80's and 90s pop culture jokes? 😁
What works for me is index + 1 celebrity stock pick. This way i don t have to track the index but i read news on the stock daily. I can only track one stock.
Keep up the good work. I am invested 75% in index funds and 25% in cherry picked stocks that have good dividend track record. Not necessarily beating the market, but I am happy with my work.
Don’t worry about other people’s negative comments.
That's awesome, sounds like a good plan!
My largest position is VOO followed by SCHD and then as I got smarter I started picking individual stocks…but I have a rule where individual stock makes up more than 2% of my total portfolio. That’s just me recognizing I am not smarter than the index but I still like to try. Great video as always, I appreciate you.
That's awesome, absolutely nothing wrong with that. Sounds like you have a good plan that works for you
Wow! Thank-you for the shout-out!
Quick response on biggest value from channel: Visa
And entertaining videos and amazing thumbnail art (Reference: 4 Takeaways from Berkshire Hathaway 2024 Letter)
Long response:
Your channel discusses topics that are new to me & add value to my general business knowledge.
On a specific level, your Visa videos have introduced a whole world to me. Many other influences.
Ironically; I can’t recall ever buying an ETF until I watched your ETF videos.
btw .. my wife is so happy for your kind words; thank-you .. proud to be one of your many big fans.
Hey no worries. You earned it!
Your wife is lucky, you seem like a genuine good dude! I’m a fan of stock picking and ETFs. I have found as my life gets more hectic that I do prefer index investing but I do still hold a good amount of individual stocks as well.
for sure, there's no requirement on how deep you have to go on each one either. definitely to each of our personal tastes
The ugly side of social media is well...really ugly. Why is it we feel free to be arrogant and rude when not face-to-face with a real person? I am pointing the finger at myself as well. This was a great reminder for me to take the higher path of being humble and kind. Thank you, Matt, for your contributions to the Tube.
No worries, thanks!
I like to think of stock picking and my portfolio in general as quasi “ETF” that has been curated and personalized to fit my goals and tastes. Many ETFs including QQQ and SCHD only have around 100 holdings. As a stock picker, I can evaluate and invest in any or all of the components of a given ETF and add or remove or weight them however I wish, all while avoiding any fees. Some companies that are held in ETFs or index funds are companies that I have reservations about owning, some don’t align with own personal beliefs, some I have had horrible experiences with as a customer, some just stand out as poorly run with little chance for future success. I’d rather find 20-30 companies that I love and know and feel strongly about then having exposure to companies I want nothing to do with. That approach isn’t for everyone, but for me it works great.
Definitely, and it's a great way to look at it. ETFs are just following an index or a methodology. We're creating our own methodology and criteria and picking stocks that fit. Sounds pretty similar to me
I too don t like some holdings of etfs but i am more afraid of the limits of my knowledge and my personal biases.
Nothing wrong with stock picking as long as you’re honest about the underperformance vs indexing and what’s it’s costing you over time. Same could be said for certain flavors of index investing, in fact: dividends only, high income, value investing, etc.
The vast majority of retail investors, including the UA-cam finance bros, hide their losses and cheerlead their wins. More focused on getting clicks than sharing an honest account of their investing journeys with a spotlight on both their failures and successes. Appreciate the fact you’re not putting up another one of those channels!
Thanks for keeping it real, Matt and good luck! 💯
Thanks much appreciated!
Keep sharing Matt. We like what you do. Ignore the others.
Thanks, will do!
Enjoyed the video Matt. We don't have a single stock in common right now, but I like to check out other people's views on things. It helps me to keep learning. Every once in a while these videos turn me on to another stock I never considered before which has contributed a lot to my portfolio positions I have now.
That's awesome, thanks!
Everyone wanna see you do good, but never better than them. Keep up the good work, G. 👏🏽
This is definitely the truth for 99.9% of people out there based on my personal experience!
Bro I'm a passive indexer but I still enjoy the channel.
It reminds me that I made the right decision doing the index 😉🤣🤣🤣🤣
Much love bud. Gotta pick on you. Appreciate the content!
lmfaooo, bro reading our thoughts! , but respect to Matts bravery i love him
lol yeah I've been getting a few comments now like "watching your videos made me realize indexing is the way for me!" and I'm like...wait a minute lol
so many youtubers have opinions far too strong, I love the openness and value you consistently put out !
Thanks, much appreciated!
Loved your introduction! Touche Andre. Yep, Be kind and humble. I have a quote for you. "Be pretty if you can, be witty (humorous) if you must, be gracious if it kills you." THAT IS TRUTH!!
Love your channel Matt. I’ve been investing since late 90’s. Had mostly about 20 stocks at that time and lost a bunch during the tech bubble. I stayed with individual stocks for a long time, but several years back I looked at my long term gains. Over 10+ years I just couldn’t beat the market so I slowly sold my stocks and bought etfs. For me I got tired of seeing loses in certain positions and managing all the individual stocks. So I went the route of simplifying my portfolio. I still follow the market everyday but don’t stress anymore over individual stocks.
That's awesome, thank you! I think you make a good point that our strategies do evolve over time naturally anyway. Either because of our own thoughts on performance, or level of effort needed, etc. It's always changing as we change
@@mattderron yeah now my time is spent more on asset allocation on all my accounts and keeping it simple more than micro managing at the individual stock level. I think the most important thing is time in the market no matter what route you go. Always learning from mistakes and understanding risks levels based on where we are in our lives. Best of luck
💯 lopesphoto. You have to have balls of steel to psychologically handle individual stocks even on mega caps. Most ppl don’t. If you can handle the waves many companies are tremendous compounders but you need 20-30 years to realize extraordinary gains. MSFT was dead money for a decade but if you had conviction and DCA on MSFT it’s turned into a fortune over the decades.
@@lasercooper I do remember when Microsoft was trading in a range for a very long time and didn't go anywhere with Steve Ballmer. That's just it, just because you hold a stock and it performs well for years, doesn't mean it will forever and can stagnant. So you have to continously research and stay on top of your individual positions. For me I just couldn't do it anymore and I saw over long periods of time I couldn't beat the S&P, I was a couple of percentage points behind.
I'm a proud owner of 70 shares of SBUX and watched it fall off a cliff last thursday after earnings call. I've never even tasted Starbucks coffee but my kids and grand kids do, so I bought some because they like it. I think I lost $1100 in 2 minutes on thursday but I'm down only about $900 now. It was hilarious to see. I thought "Someone give that stock a parachute." Turns out it is just as much fun losing money as making money. I didn't sell btw. I'm 75, my portfolio is about $300K and I have other sources of income anyway. It's like playing Monopoly! I'm with Schwab now, their reps are great!!
Schwab customer service is really excellent. It's one of the things I love about their platform.
They definitely won't all be winners, the hope is that over time the good ones outweigh the bad ones.
ETF's and Index funds when the market is up. Individual stocks when the market is down. I know it is not that simple but a general rule of mine. When the market was down in the beginning of 2023 invested in Google at 88, amazon at 81, Meta at 110, Tesla at 103, WestRock at 29, Microsoft at 230. Now I invest in ETF's mainly.
That's awesome, it makes a lot of sense actually. Invest into index funds until really great companies go on an abnormal sale. Love it
Sounds very interesting.
How do you know when to switch into and out of stocks?
@@mircea_h Right now the market is at all-time highs. I do not see deals in the market regardless of what others say. There will be a downward correction in the market eventually. When? No one knows. The Market will drop 20% or more that is when you buy. At the same time ... I recently bought Meta after the earnings dip at 420. It's not black and white. I prefer to know when I buy an individual stock, it is a deal. With the market so high I invest in ETF's like SCHD. I have 50,000 on the sideline right now collecting 5%. When the market drops ... I will buy a lot of individual stocks. In the meantime I dollar cost average into SCHD. Making money in the market takes time but always be investing.
I love thinking of market downturns as a clearance sale and an opportunity for shopping 💅🛍
I watch your videos because you bring value, and because you are inclusive with all types of investors. No judgement, no saying "you should do this", just honest sharing of your investment process with its highs and lows. Our portfolios and objectives are different, and we can all learn and benefit from others'perspectives. You're doing great Matt, thank you for the hard work!
Thank you, I appreciate it!
Love your tone man. You’re definitely talking to the everyday person who wants to gain some financial literacy. I don’t feel like you’re trying to sell me something like a lot of other videos I see.
Thank you!
Hi Matt, I've been watching your videos for a long time and never left a comment. Don't worry about the idiots saying bullshit. We are here because we find value in your content, and learn from your experience. That's what matters. Thanks!
Thank you so much, I appreciate it!
I think what some people also forget is that investing in individual stocks can be good for you as a hobby if you enjoy doing it. It keeps your brain active it makes you stay engaged with the news and it gives you practice at taking emotions out of your decisions so even if you slightly underperform index’s is that opportunity cost really that bad when you look at the non montiary gain
Totally agree, there are many benefits. Understanding how company's work and make money can make you a better employee / earn more at your job, etc.
Is it safe to say if you are a beginner stick to etfs and once you gained financial literacy, then add individual stocks to the portfolio?
IMO you should build your foundation with ETFs first. Focus on building your income and don’t worry about picking investments. If you absolutely have to pick stocks because you care about it that much…pick 1 or 2 you are interested in and start the process of researching and monitoring their progress every quarter but with a small percentage of your total. Income and index funds will take you far. You should only complicate it if you really really want to pick stocks and only after you’ve built a foundation. Just my thoughts and experience with it
@@mattderronthanks for the quick response, the vanguard video you made on voo vgt and vti was top notch. Learned a lot on that video alone. Going to binge all your videos
Thank you, let me know if you have questions, I tend to answer comments relatively quickly depending on how busy I am lol
I only watch you because we have the same haircut. Beard is similar as well. Keep up the content. We don’t have the same lineup but do have some overlap. Your help confirms I am on the right track or need to make a change. Keep it up.
Nice, I don't know about you, but mine's not really by choice. It's ok, looks better than the alternative, so I'm all good with it 😂
Matt. Love how genuine you are. Your Wife is beyond accurate in her depiction of you. Thanks for sharing your journey.
Thank you, I appreciate it!
Love your way of sharing your honest inputs.. What is your thought on putting some % of Portfolio in leap call in Mag 7 or any other specific potential stock which we expect to go up?
If you know what LEAPS are, you probably don't need much info from me. In general though, I personally believe most of the Mag 7 will continue to outperform - that's why I've added many of them to my portfolio (NVDA, AMZN, AAPL, META, GOOGL)
I personally am an index investor, but would never dream of criticizing active investors. The reason being is that the efficient market hypothesis only works if there are active investors doing prize discovery, so i am grateful for anyone spending that much time and effort.
Exactly, I didn't even talk about that - but there is no "passive investing" without "active investors" 🙂
Why not have both? Keep DCA'ing into QQQ and SPY but then keep some cash on the side for those times when your watchlist stocks hit your target price. I think you can have both worlds if you have the time to track individual companies.
100% agree, doing both works great
There is actually a study that buying spy always at all time highs, yelds better total returns than buying only dips.
Just be careful with market timing, might not make such a big difference for investing. Good as emergency funds, but not so much for buying dips.
I am primarily a dividend investor, so I have a lot of dividend ETFs, REITs, BDCs, and so on, but I also have some indexes, and some individual stocks in companies I believe in. Who knows what the future may hold but so far my bets on CAT and MMM are really paying off.
That's awesome!
@@mattderron My position in CAT has gone up so much (over 35%) that I'm kind of afraid to buy more as it would dilute my gain... does that kind of thinking make any sense? What is your take on stocks that are rapidly rising when no other variables are changing?
I think it's normal to feel that way (I don't want to add to this because it keeps going up). I bought CAT around $245 I think, and I wanted to add more. When it went up to $265 and then $285 I felt like I shouldn't add to it (like you mentioned above). Then it went to $360+ and I regretted that lol.
It's naturally to feel that way, I tend to just buy if I think a stock is still at good value, even if I bought in at great value earlier. I did this with Amazon recently. I think I started buying at $150, bought again at $167, bought again at 170...and it's been just fine.
I think as far as I can tell you sir and I have a similar experience and relatively similar strategy. Yes the more you learn the more you realize “ I could at my age just do a good index fund and pull the same or possibly better return. “ we all know that and we all have money there. I think if you don’t TRY to beat the market you are left feeling that you could have done better. I think at the end of the year if my dividend portfolio has done slightly under, same or slightly over the general market I have at the end I get a feeling that “ I did that!” I picked those. I formed a strategy and I myself had an active role in the fruits of my labor. We enjoy reading about companies and research and it’s fun to see what it taught us, people like to be very judgmental for some reason. I don’t want to see anyone loose money, even the apes and the meme stock folks ( though I think their strategy is misguided and horribly flawed). I wish we could be less aggressive towards each other. Good for Matt! I saw my happy family today in my nice neighborhood and they are happy. I am too. And I did that. I enjoy continuing to do it. Keep up the content. Thank you.
I love this. Totally agree with what you said
Hey Matt, I’m in the UK and I find your videos to be very educational and informative. Keep up the great work.
Thank you!
Thanks Matt for taking the time to put this out. The simplicity of index funds has worked for me. The growth mindset is so powerful, isn't it? I appreciate you!
Thanks!
I mainly bought individual dividend stocks early on and slowly moved over to a bigger concentration into etfs. However, i have about 25% of my portfolio in single stocks, and they have outperformed my etfs like VOO. I personally love buying individual companies that i fully believe in and understand.
That's awesome, I enjoy it too!
Most of my money is in ETFs like SCHD, QQQ and VGT, and, mutual funds like FDGRX and VWELX. But I still dabble in individual stocks because it helps me keep my brain active. I enjoy great videos like those coming from you.
Thanks, I appreciate it!
Appreciate your positive attitude and the effort you put into your videos. I invest in ETFs and individual stocks. Always trying to learn. And I'm recommending your channel to friends as they start to invest as well.
Thank you, I appreciate it!
Newer to your channel. Very impressed with your content! Thank you for your efforts to educate and guide, with a nice, gentle, well-informed stye. On a side note, let your wife get praise without making it about you (in a negative way). She is beautiful, with or without being your wife. Be confident that she’s smart and made a smart decision to be with you. You don’t need online strangers saying you’re great catch. You only need her opinion of you ⭐️
Thanks, I appreciate it. Regarding my comments about my wife...I was totally kidding. It was just a joke. 😀
Im glad you like stock pick. Personally i have done before but went back to index fund. I did beat the market but it depends on what time period. I find it difficult because when the stock is down, i just dont know if the bad news is real or temporary. Some times the bad news can be really concerning and legit. What happen if a stock is down 5 years? If i keep adding more, and it doesnt recover, i underpeform the index. What happen if a stock is down for 5 years and i sell it and then it recovers on 6th year. I underperform again. What if it stays flat for 8 years and then I am not adding or selling but i could have bought index fund and miss out in the return. Its just so hard for me.
Definitely it can be tough because it doesn't go in a straight line. That's why I share that META example so much. It was down 40% after 4 YEARS and then now has totally crushed the index. It takes a lot of conviction to hold through that for anyone
Numbers help a lot. If you see revenues, profits, users growth, etc that business is healthy. You can sleep tight. Market prices are a gamble short term, but yhey always allign with business metrics. Meta is an ads giant.
Great video 🤣 I was one of those annoying comments once upon a time but now I look forward to watching you every day 👍🏿 thanks for staying real
lol not at all, you had a genuine question based on your process. All good. Thanks for sticking around!
Matt, i appreciate your perspective as I don't have any Coworkers or Friends that invest.
You're conversation is something I consider, but to condemn then maybe Im a little special and need someone to pick on.
I believe your are real and want to share, the good and bad as it comes. Perfection is desired by some and it causes unhappiness because its not manageable from one moment in time to another.
Do you and hopefully others have the independent thought to figure out how to be themselves. Its easier to hate on others that to work on one self to grow and evolve.
You are truly appreciated and stand strong.
Thank you, much appreciated!
you do you brother. When investing it is always a completely personal choice on how you see the future, you invest accordingly. I have ideas but not enough conviction to go into a completely personalized portfolio of single stock positions.
Thank you, much appreciated!
@@mattderron Cheers. love your videos. I take small positions outside index funds but I do target sectors on personal beliefs. I also buy single stocks (very small positions of my portfolio on convictions) I do so as I think you do with the assumption that I can be wrong. You articulate this more than enough.
Absolutely, we can and will all be wrong on some. I mean Buffett just said he was way wrong on PARA just last week lol
@@mattderron valued content right here. Liked, subscribed.
Ignore the haters Brother. Your transparent and people can make there own minds up. This is just your view.
Thanks!
In my view, the way people express themselves outside is the way they feel themselves inside.
Rudeness for some people is natural because this is all they know from their internal journey so far.
Matt, I love the way you mitigate such rudeness using it as an inspiration to be creative and to record this video.
You don't blame, you don't complain, you don't backfire and that's one the beauties of your channel and the work you do.
I know that the more success you have with this channel, the more rudeness you will attract,
because it is common for many people to be jealous of others' success.
Especially with the high level of transparency you are showing here.
But overall, I think you are on the right path with the approach you have chosen.
Thank you for this thoughtful video.
Keep being funny, nice and opened.
Greetings from Bulgaria.
Thank you very much, I appreciate it!
Awesome thoughts. Thanks, Matt! I would love to see a video on how you would invest if you were only allowed to look at your portfolio once a year. I'm lazy :).
Thanks - honestly it's probably what I described in this video - ua-cam.com/video/N_oBTbcBbYc/v-deo.html
Hi Matt, love your videos!! I am from Greece and I have started from the beginning of the year with my investing trip. Late I can say since I am 46 but again is never too late. My goal is to leave off dividends in the next 20 years and also have a capital gain. I choose two ETFs portfolio 50-50 with SCHD & VGT. My contribution per year is around 30k divided on a monthly basis. Love to read your comments. the video made me subscribed to your channel was the ETF portfolio 50-50 schd / vgt
That's awesome, it is absolutely never too late. Good luck on your goal!
Great video Matt... Love your work... All the best to you and your lovely family.... Keep on investing hard....
Thanks, much appreciated!
I also did re-adjustments to my portfolio last month that I think are paying off, but we have very different stocks and I think you have pretty good stocks, but I'm too afraid to buy them at that price point. The only one I think won't contribute to your goal is MCD, I think that will give you steady dividends, but won't beat the S&P in the long term
MCD is definitely more defensive, but I'll be talking about it (hopefully) in my Friday video if I get it done in time.
Matt; encourage or challenge those folks to start a channel 😊😊😊. 99.9% of them WONT. Personally, am 70% indexed and 30% single stocks. Owning single stocks are what get my wife interested in our investment portfolio. Your videos (& channel), are a source of ideas and insights. Stay the course.
I have said that sometimes and you're absolutely right. That is the beauty of UA-cam, we can all create videos about what we're interested in and people have the choice to watch or not
A well known investor said something about Index fund investing the other day that I couldn't help but agree with and will never forget. You may get lucky when you pick individual stocks and you may even make a lot of money, but being able to do that long term is what allows you to compound your money. Being able to pick the right stocks at their highs and lows is not only time consuming but nearly impossible to do consistently. If you really want to compound your money consistently invest in an index.
Genuine question though - Is that well known investor using indexes?
@@mattderron No idea. Probably not but what I'm finding with individual picks is for every great investment I make I also make a horrible one. I might be up 400% on Meta but I'm also down 60% on 3M. I'm up 80% on Amazon but down 30% on Paramount. Ultimately I made a good call on Meta, Amazon and Google but I'm starting to move funds back into indexes just as a protection from ignorance.
Ultimately, people should do what makes them comfortable. What I would say though, is that people like Buffett, Peter Lynch, etc all talk about how you're going to have losers and the idea is that the big winners should make up for the losers over time. In your example if you were truly up 400% on META, 80% on AMZN and then down 60% on MMM and 30% on PARA - just some basic math shows me you're likely way ahead of the game and likely beating the index with those 4 outcomes if you put a similar amount of money into each one.
Now...it might not be something you're comfortable with and that's all that matters in the end. But this is why I think we should look at big picture instead of focusing on "how many we got wrong."
The reason why people don't worry about it with indexes is that you're not judging your actual performance, it's all "the market" so it feels different.
It's hard to get through to some Index diehards. I had versions of this conversations many times.
I tell them I'm mostly invested in index funds, but it is my individual picks like Apple and Microsoft that have provided the biggest returns. I've been investing for nearly 4 decades.
They typically respond that index are still better in the long term. I'm nearly 40 years into what I expect will be a 50-year investment journey (then I'll pass away). How much of a long term do they want for proof?
Matt thanks for the videos. I appreciate what you are doing and the transparency of the process and returns. It has helped me in my portfolio journey. I have a small segment of individual stocks to augment the ETF’s I hold. People should understand their own risk and invest accordingly understanding that what you see on UA-cam isn’t necessarily the gold standard but can be educational and assist a person in learning instead of solely relying on a financial advisor to do everything. Some of my best financial moves have resulted from my research instead of the advisors. Keep up the good content.
That's awesome! Thanks, I appreciate it!
Matt, where is that video workshop (19:40) ??
Cheers,
a.
Does not exist yet, still creating it. Will be on the buildinvestlive.com site when finished
LOVE your content - Hang in there - DONT let the haters win - MATT YOU ARE THE MAN !!!
Thank you! Don't worry about, I'm not planning to go anywhere 🙂
Matt thanks for your content. My morning routine includes having breakfast watching your videos. As always, watching you from Bogotá, Colombia.
I love it, hopefully it doesn't ruin your morning lol. Thanks!
Everyone’s investment strategy is there strategy which makes it there path .🎤 no two paths will be the same and that’s Okay!! Learn, support and encourage everyone in there journey. Kudos to you mate
Well said, couldn't agree more!
Recently found your channel, thanks for having quality content. I appreciate your research and dedication to picking stocks. Keep up the great work 👍👍
Thank you, much appreciated!
Bro looks like a math teacher
a good one.
I enjoy your videos Matt, keep going!
Thank you!
You've inspired me. I'm gonna try this being kind thing tomorrow! Not the full day, maybe say between 3 and 4.
you never know what can happen
Love the video Matt! There's a lot of toxicity with these topics man. I think it's because they naturally require conviction and confidence. Basically investors want to believe that they have "the way" to invest - and if any other way exists - it challenges their conviction. I've had to step away from social media (especially reddit) because of it. Anyway, thanks for your videos and for talking about everything so openly. Cheers!
Thank you, I appreciate it!
You're a really likable person. Great video.
Thank you, much appreciated!
I bought 100 shares of DJT last month when it was $52 and now I'm even. That was a wild ride!
DJT is a scary one 😬
I am sorry to hear that you receive so much criticism. I just want to say I do agree with you. There is no one size fits all portfolio. It sounds like you got pounced on by a gang of Bogleheads. I like to point out, as an dividends growth investor, I don't plan to finance my retirement by selling my holdings. Instead, I want to generate enough dividends in order to pay for my living expenses. I just don't think broad market index funds will provide enough in dividends for me to do so. As a result, I invest in dividend growth stocks. I do agree with @WhoaNelly Jake. Whenever I am asked to complete an end of the year college course evaluation, the people who are satisfied or happy with the course rarely leave a comment. But, those who are dissatisfied, you always hear from them. So, you should know for every 1 critic there are indeed 10 people who agree with you.
For sure, thanks for saying that. It comes with the territory of deciding to make videos in public. It's all good.
Thanks. I like how you present your info.
Thanks!
Matt your videos are always great as you are truely transparent one of the very few guys doing it this way, ignore the morons keep doing exactly what you have been doing, you will no doubt beat the S&P 500 as you keep learning and getting better…
Much appreciated, thank you!
What do you think about core-satellite investing?
From what I know of it, I think it's great. If you include our other accounts that just have the S&P 500 in it, that's kind of what we're doing. Although my stock portfolio is a little larger than a satellite to our other accounts. But still, similar concept
That was some epic roasting at the start. Love it!
😂
Hey Matt great video as allways. I resarch stock market for year and don't know much yeat, but I know I'm watching your chanal and one more. I just deleted most of chanals that I was beaning subcribed at. So you keep doing your job and I'm keep learning. Best luck and all the best.
Thank you, I appreciate it!
You earn some 💵💵 by helping us better understand your methods of valuing a business. That is OK with me .
The info you relate to usuals value and helps us make better decisions when investing our money.
So thank you !!
Thanks, I appreciate it!
Matt is the man. Love the content
Thanks, much appreciated!
Hey Matt love your channel You keep it real i do both I got a few stocks and a few ETFs , i appreciate you
Thanks! ETFs with individual stocks works great for sure!
Love your content always bro. You have a beautiful family.
Thank you, much appreciated!
You can’t beat index.
Stock picking and etfs is what I like to do. Its a good balance of risk imo
Yup, and it allows you the freedom of picking a few companies you like as well as less intense ETFs that you can just continue contributing to
There are always going to be some people that are going to be critical of YT videos. Since you are openly showing both your winners and losers, and therefore both sides of your investing journey, there will be the naysayers expressing their opinions on the negative side, but also there will be those who will be complimentary on what you are presenting. That comes with the territory of doing these YT videos. I know it is easy for me to say this, but don't take the negative comments too hard. Nobody's perfect. Hopefully, people are enjoying and also, benefiting from your highs and lows of your investing journey.
I can’t help but marvel at those who just want to do index. Which is ok, but If that is true why are they even watching. I’m trying to learn and I appreciate your thoughts and insight. I like your process. Just tune the others out.
im all in on Index funds but i love watching Matts videos because they're super cosy, educational, along with highlighting the flaws with stock picking, but i still love Matt because he's a genuine character, none of those Webull, moo moo shilling nonsense, just straight facts!
lol I know, that is always something I struggle with...like if you're just taking the market return why would you care if someone else isn't? No clue
Stock picking itself is still generally speculation, and if you aren't it requires a lot of hard work. You don't really know for sure what's going to happen, you only take your best bet.
In that regard, the index is pretty much the best risk free brain dead way of growing wealth. The market consistently trends upward over time, and will likely continue to do so (even if its only due to inflation and population growth related demand).
If you like gambling or learning how to read financial statements and economic data, then you can handle individual stock picks.
If not, just index. Only 10% of the population can handle stock picking, the rest should just index.
Look I know both ways have the ability to do very well with, everyone has their own life and path to live by. Trying to persuade others is a waste of your time, do what suits you and your respective situation. Basically what you mentioned in your video but, I used to be the guy trying to get confirmation from others that what I'm doing is right and I wanted others to know that I'm doping it the right way. This as I mentioned above is a waste of time, you will get nowhere. Do you and thar's all, thank you for putting your thoughts out there at least you showcase everything and do not hide anything.
Totally agree!
In addition to the person that lost money on stocks without context, you didn’t lose money unless you sold. If you believe in it, ride it out. If not you have loses to claim on taxes
🤣 I'm etf kinda people but I respect your investment journey, it's not easy and that's why I only do etf
i lost 50K AUD during covid, spent my savings investing in stocks, thinking the drop will give good returns. did not know about valuation or moat much. so sad, but i still not did not up. learing and investing slowly. I learn a lot from youtubers who are genuine and share knowledge. you are one of them , so keep been honest and share knowledge.
Thank you, hope your investing journey has gone better than the initial time during COVID. That was a crazy time in the market for sure
Too much passive investing in index funds is also not good for the market as a whole. The point of a market is to reward good stocks and penalize bad ones.
This is a topic that really doesn't get talked about enough IMO. There is no passive investing without active investing and I agree the more passive investing there is, the more the market is determined by fewer and fewer active participants
Here's a huge thing I learned through the years. If it sounds too good to be true it is. I lost money from a ponzi scheme that my friend was really into and certain crypto opportunities. Make sure you do your research on what you're investing in. You can take some risks just be careful.
Is VOO, SCHD index funds?
they're ETFs. Exchange Traded Funds
in the way that I'm describing them, yes. They are ETFs (exchange traded funds) that are based on a index...and they work great
@@iSeeSoundsShow so is there an index fund on Robinhood I can purchase?
@mattderron thanks for the response, u sound like a genuine person 💯
My understanding is that Robinhood has them, yes. I’ve only used Robinhood for stocks in the past but I’m guessing VOO, VTI, etc are available there
Hey Matt great video
On the comment that 98% of people cannot beat the market may be true.
Regardless of whatever the percentage is, when investing in ETFs you are getting good stocks along with bad stocks. And I can tell you for certain the people that watch fundamentals do their homework do beat the market a majority of the time.
Like you said everyone's strategy is different. Not one size fits all. your videos provide a good service for the people that want to try. If you're being judged on short periods of time, it's easy for someone to tell you you're doing something wrong. let's wait and see how you've done over 10 years or so.
I have watched many of your videos and I don't agree with everything that you say but I'm certainly not going to criticize you for it. From what I have seen in the homework in which you do my bet is you will be that 2% that beats the market. Then I'll be right there with you brother.
Thank you, much appreciated! We will see how it goes 🙂
Yea man don't worry about the haters, they always tend to be the loudest. The majority of the people that enjoy your content may not even comment.
Regarding the investments I'm exactly the same as you, I invest 100% of my 401k and IRA in VOO. I have the individual taxable brokerage account on the side for fun with individual stock picks and to hopefully make some money to play around with while I'm still young.
That's awesome. Easy to automate the retirement accounts especially when they're attached to a job. Taxable brokerage is a great place to experiment IMO
19:21 Hope it was a Diageo product (I own it)😊😊
It was Bulleit bourbon, so....yes I think was lol
The ETF only camp is also getting some value from your videos... It reinforces their beliefs in their investment strategy 😂
Could be! Good for them lol
She lucky to have you bro. Someone responsible with their money and financially literate is already rare
Thank you, finally somebody saying it! lol j/k, I appreciate it though
All right all right, since nobody asked, I will give my opinion.
;-)
Simple investment? The base of your 'simple' portfolio?
SCHD+VGT+VOO you have the SP500 , your IT stocks covered, top 100 Hi-div stocks covered.
Go to bed you are done.
Matt has THE definitive video on this... Somewhere.
.
But you will not see this:
MSFT +62% + dividends.
META +310% + dividends.
FWONA +88% no dividends.
Or this:
CURA -13% (was minus 64% at some point!!!) no dividends.
SEA -35% and been that way for 12+ months.
DIS -27+ no dividends.
HUT varies +/- 24%.
.
Now you could have more fun:
I trade on Footsy (now LSEG), TSX, FSE.
All this being said my portfolio is a majority ETF but I have fun picking stocks.
.
Great video Matt, as usual.
Cheers,
a.
Really good video!
Thanks!
When you have a UA-cam channel or any social media platform you will get negative comments
Everyone must decide if it’s worth it or not,at least you’re making money
The haters are doing exactly what they’re good at, hating. Keeping DOING you while they watch and troll. Embrace it, it’s fun to play with them a bit too ha.
For sure, thanks!
Wow she's so lucky and you're so cool how did she land you !
There we go!
Well it’s in the 5 o’clock hour somewhere. 🍻🍻🍻
lol yes this is true
Bro, I almost successfully timed the market, but I can't get over the fact that I messed up. I sold all my VFIAX in aug30, then on oct 31 I could have bought them again after they had dipped, but instead I was distracted with landing the job I have now and missed out on the 11k of growth. 5k if I just never sold at all.
also, I appreciate the content, although if you're wrong about lulu lemon im gonna be out 7k LOL
Were specifically trying to time the market? Like sell the top and buy back in?
Thanks. We'll see how Lulu does this year with other consumer discretionary getting hammered. You never know, but I think their fundamentals are so good it's just a matter of what happens with demand and the economy
@@mattderron Yes exactly. Between aug and oct it dropped a lot. I now know I was probably just lucky, but I keep ruminating on not clicking buy on oct 31 lol
It's tough to do that, the people I've seen be successful with it have their process identified (technical signals) and they just follow it religiously knowing that it will work sometimes and not others...but they have a system that seems to work for them more often than not (as far as I know...I don't know them personally)
You can buy anything, any stock but only if it has value at this moment.
Literally don't be a sheep, don't follow hype. Buy when there is blood in some sectors)
That's one strategy...but just because there's "blood in some sectors" doesn't make something a good investment and/or have enough of a growth outlook to meet your criteria. Plenty of people who bought "value" that never came back. Depends on what your goals are, but that's just my opinion.
I like the videos keep it going.
Thanks!
A lot of ppl just don’t have the time to research. I work from home half the time and have enough time to look into stocks and have beaten the market since I started. Why mimic the market with ETFs when you can beat it? You just have to be able to stomach the recessions and market downfalls
I missed you during your earnings video but I have to say I'm going to ride out the storm with SBUX. I was shocked when you said that you might exit the position by next quarter. That's really abrupt and given the context of the whole picture a lot of people's sales are starting to decline because of what's going on. Management might have been optimistic at the beginning of the year and hopefully they won't make the same mistake again. Have your thoughts about exiting changed since sbux earnings?
I already exited actually. I just didn't see the point in holding on or what I was hoping to happen. Everybody will look at their earnings from their own perspective. For me, it was simply that amount of change in their outlook from one quarter to the next was so crazy and I just didn't have a lot of confidence in their plan.
It's a different situation than say AAPL. AAPL has growth concerns too but they also have a ton of cash and can weather the storm until growth returns. SBUX doesn't have that luxury with the amount of debt they're carrying. I knew that in Feb when I thought about cutting them, but I figured..."even if they don't hit 15%-20% EPS, they should be high single digits or low double digits." But to go from 20% EPS to 0% in one quarter without a plan I feel good about (just my opinion) was a tough one for me to stick with.
Plus for me personally I already have MCD as a big position in my portfolio which will have some similar challenges.
Anyway...like I said in the video, I get why people will stick with it and that's totally cool. I may end up regretting the fact that I cut it but I'm ok with that.
@@mattderron Yeah they are really cutting it close with their debt. I think they have two big payments this year or next with only 3 bil in cash on hand. Totally understandable- only time will tell what happens!
If the new tax proposals go through investing will be significantly worse and harder for people to actually accumulate real wealth. I think I heard a long term capital gains change to where if you have over 1 mil in stocks they will remove long term capitals gains on it and tax it at ordinary income, and thats just some of the bad news. Why do so many people who have already made it want it to be significantly harder for newer people to become wealthy? None of the new proposals will do anything besides make it easier for the gov to spend all our money and raise inflation further
I would be surprised if they go in as currently proposed. They seem to be very unpopular. Crazier things have happened though and the reality is that it's easier for folks to expect someone else to be responsible than to be responsible themselves unfortunately
@@mattderron I would feel really bad for some folks I know who are close to retirement and are probably going to want to start selling out of their positions as they get older. I don't honestly think it will be popular amongst the people who ultimately write the laws but who knows these days