The Barefoot Investor on Index Funds (what Scott Pape REALLY thinks)

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  • Опубліковано 1 лис 2024

КОМЕНТАРІ • 86

  • @GhanYt
    @GhanYt Рік тому +418

    You should make a content on how to earn 6 figures in monthly profits cos I've been reading about investors making up as much and I'd really love to know how to such substantial profit in this current market......

    • @bahijarhafiri
      @bahijarhafiri Рік тому +1

      I recommend to pick up and read a few books. Peter is where I was recommended to start. Learn different strategies so that you might develop your own

  • @ElizabethSarah-cl3sc
    @ElizabethSarah-cl3sc Рік тому +243

    Smaller, speculative stocks have endured a historically weak stretch. Investors are betting that a turnaround is finally in the works. I’ve lost about $320k within a few months, how do i take advantage of the market turnaround?

    • @ThomasWilliam-sw8ms
      @ThomasWilliam-sw8ms Рік тому

      There are many interesting stocks in many industries that you might follow. You don't have to act on every forecast, so I'll suggest that you work with a financial advisor who can help you choose the best times to purchase and sell stocks.

    • @ElizabethSarah-cl3sc
      @ElizabethSarah-cl3sc Рік тому

      @@ThomasWilliam-sw8ms Having an investment adviser is the best way to go about the stock market right now, especially for near-retirees, I've been in touch with a coach for a while now mostly and I made over $800K within a short time

    • @ThomasWilliam-sw8ms
      @ThomasWilliam-sw8ms Рік тому

      @@ElizabethSarah-cl3sc That's impressive! I could really use the expertise of these advisors. how can I get to your advisor?

    • @ElizabethSarah-cl3sc
      @ElizabethSarah-cl3sc Рік тому

      @@ThomasWilliam-sw8ms renowned for her proficiency and expertise in the financial market, *KRISTIN GAIL CUNNINGHAM* my financial advisor, holds a broad understanding of portfolio diversification and is recognized as an authority in this domain.

    • @ThomasWilliam-sw8ms
      @ThomasWilliam-sw8ms Рік тому

      @@ElizabethSarah-cl3sc Thank you, I just checked her out and I have sent her an email. I hope she gets back to me soon.

  • @adriankmita
    @adriankmita 2 роки тому +4

    Thanks for the great video! Great to see a refresher on the idiot grandson portfolio. I think the idea behind the portfolio was dividend income for the long term… so you would never have to sell down your shares. There is no way that could be done with 75% invested in international shares. That is relying on speculation of the share price. You’d also have to sell down shares for income, which would reduce your principal and be subjected to CGT. This defeats the purpose of the portfolio. Keep up the videos. They’re great.

  • @tadz3921
    @tadz3921 2 роки тому

    Fantastic Michael. Just subscribed.
    Is it wise to invest in overseas index funds considering tax in AU?
    Do any of these come with franking credits?

  • @snoringdragon1980
    @snoringdragon1980 Рік тому

    Hi, could you explain cause i am lay man. Do we buy those 5 stocks of etfs or do we use 5 accounts for that etfs?

  • @grahamerae3502
    @grahamerae3502 2 роки тому

    Hi mate whate do you think of the asx 200 bought through commsec pocket

  • @FlavouredFinger
    @FlavouredFinger 3 роки тому +5

    Love your videos Michael! It would be really good to see you talk about some of the more ethical ETF's and maybe even compare them to some of the big ones that have stake in companies like BHP and the big 4 etc

    • @michael_ko
      @michael_ko  3 роки тому +2

      Thanks 😀 Planning to do an ethical investing video soon!

    • @pnh165
      @pnh165 3 роки тому

      I agree! I was thinking about this while watching the video. :)

  • @pokeypickle3
    @pokeypickle3 3 роки тому +10

    Your two ETFs portfolio is much better than Pape’s portfolio. Even the allocation % is way better. My mistake in my personal portfolio was not buying VGS until 3 weeks ago. I am hoping to make VGS my core holding over time while my AUS exposure makes my satellite holdings.

    • @dannnsss8034
      @dannnsss8034 2 роки тому

      It's not "his" portfolio. It's a very common portfolio 🤦

  • @ThreeTwentyTech
    @ThreeTwentyTech 3 роки тому +2

    I love your insight towards ETF's and I enjoy how they are explained in much simpler terms to someone like me who doesn't have the best understanding of investing terminology.
    If you don't mind me asking, how much have you invested into your ETF portfolio?

  • @adamporetti5983
    @adamporetti5983 3 роки тому +4

    Hey Michael, love your work, keep it up!! Have you thought of doing a vid on the thematic ETFs setting the world on fire at the moment "ARK Invest"? I'd love to hear your opinions on them from an Australian perspective.

    • @michael_ko
      @michael_ko  3 роки тому

      For sure! Been following Cathie for a while, I’ll see what I can do ;)

  • @lachlandudley7478
    @lachlandudley7478 3 роки тому +4

    Just started watching these vids recently and they are very well put together. I really appreciate your insights and effort.

  • @kevinvo6144
    @kevinvo6144 3 роки тому +1

    Great summary of all that the Barefoot is known for in terms of shares investing.
    My thoughts on Barefoot was almost exactly like yours: Says index funds are the best, then goes on to recommend an LIC, and then runs a stock-tip subscription :S. I still recommend his book to beginners, but I always stress that it's a very BEGINNER book, and aimed to try and make things as easy as possible for those who suck with money. Not to mentioned he's skewered the market to AFIC and Hostplus due to the popularity of his book.

  • @SFHeart
    @SFHeart 3 роки тому +2

    Michael your videos are very easy to flow and understandable with no jargons.. keep up good work 😀

  • @miniplop1696
    @miniplop1696 3 роки тому +2

    Hi Michael, just wanted to ask, which would you say is a 'better' portfolio to have: VAS/ VGS (40/60) or VDHG?

    • @michael_ko
      @michael_ko  3 роки тому

      Both great simple options, can’t go wrong with either. Only thing to note is VDHG has a 10% allocation to bonds, which is probably the main thing to consider

    • @miniplop1696
      @miniplop1696 3 роки тому

      @@michael_ko to you, how important is that really?

  • @misschristiner
    @misschristiner 3 роки тому

    Hi Michael, I’ve been enjoying your videos. I think the two fund portfolio makes total sense. What do you think about diversifying to specialised ETFs such as ethical and sustainability ETFs and cyber security ETFs? Would love to hear you talk more about these. Thank you!

  • @DdHaryaty
    @DdHaryaty 2 роки тому

    Thanks Mike. It broke down the Idiot grandson really well. Really made me think about simplifying my non super portfolio further!. Would you say Idiot grandson allocations are more income generating?. Hoping to partially retire in 6-10 years so looking to make non super portfolio more income generating and super mainly growth . What are your thoughts?. Thanks again:)

  • @kwhatofit
    @kwhatofit 3 роки тому +7

    What if I’m lazy and just want to dollar cost average monthly into VDHG lol.

    • @michael_ko
      @michael_ko  3 роки тому +7

      VDHG & chill, never a bad option

    • @kwhatofit
      @kwhatofit 3 роки тому +3

      @@michael_ko thanks bro. Great video as always.

  • @流浪澳洲
    @流浪澳洲 2 роки тому +2

    VAS and VGS are my main holdings. not regretting so far.

  • @sebastianpabon4688
    @sebastianpabon4688 3 роки тому +1

    Well done Michael. Thanks for sharing this information. I love that you are clear and very insightful, with no fluffiness. Well done and keep it up!

  • @w0mblemania
    @w0mblemania 2 роки тому +3

    I really did not get in to the Barefoot Investor stuff.
    It seemed too gimicky, unrealistic, glib, repetitive.
    Seems to me that the *real* advice in the book is to ... make money by writing books about investment, and selling them to hopeful people.
    Barefoot basically says:
    - buy and own your own home.
    - double your income.
    - invest, retire, have a glass of wine each night.
    So, go buy a home, double your income, live well. That's all there is to it...

  • @Prabhjotsingh-kp6lq
    @Prabhjotsingh-kp6lq Рік тому

    Hey man. Where are you gone

  • @michaelcollins9327
    @michaelcollins9327 2 роки тому

    I love your videos, Michael. I appreciate your thoughts which come across as clear and easy to follow. I will continue to follow you as we move forward in this uncertain world.

  • @pokeypickle3
    @pokeypickle3 3 роки тому +1

    I think VGS is much better than IOO. Management fee of 0.18% IOO at 0.40%, that fee is similar to an Active ETF, not a passive ETF tracking only 100 companies.

    • @pokeypickle3
      @pokeypickle3 3 роки тому

      @Elliott 😂 thanks, I was typing too quick and got letters mixed up. Fixed.

    • @pokeypickle3
      @pokeypickle3 3 роки тому

      @Elliott you don’t realise how times I say EFT when I really mean ETF. At least I get my codes correct when I buy and sell.

  • @RossellaFanelli
    @RossellaFanelli 2 роки тому +1

    You’re great such great values from your videos

  • @liamnguyen2206
    @liamnguyen2206 3 роки тому +1

    Thanks for your insight as always, Michael! Commenting for the algorithm :D

  • @JakeMarcin
    @JakeMarcin 3 роки тому +1

    Excellent video as always Michael, really good background info on everything

  • @Annietheapple
    @Annietheapple 3 роки тому

    Another great video! I currently hold VDHG using SelfWealth, but if I start using a different broker like Pearler are there any downsides to having multiple? Also, since I already own VDHG how does this impact if I want to start buying a 2 fund portfolio? Would it change my weightings? Thanks!!

    • @adriankmita
      @adriankmita 2 роки тому +1

      Two different brokers would only affect you if you were reinvesting shares with a DRP. They would be under 2 different HIN numbers (obviously it’s also one extra holding to work out income for at tax time)
      If you were adding the 2 etf portfolio like VAS and VGS on top of that, you would just be adding more growth opportunity long term but also increased volatility in the short to medium term. Basically you’d have less bonds which tend to smooth out the volatility. But with interest rates so low, more allocated to shares could be good. As long as you don’t need the invested money in the short term.

  • @johndarwin7937
    @johndarwin7937 2 роки тому

    Than you Michael I think your work is excellent. I would like to all one further dimension to your comments. If you are building a portfolio with the purpose of living an income in A$ you should consider having a portfolio primarily in A$. I certainly do think having a fund with partial in US or China or EU assets but hedged back into the A$. What do you think? John Darwin

  • @michelleliny
    @michelleliny 2 роки тому

    Can you talk about more about invest for kid? The implication on dividends, tax, etc.

  • @rodneymaslovsky4756
    @rodneymaslovsky4756 3 роки тому

    I have been watching you videos for a while, and currently running with 6 ETF's with nearly equal share across them all, (VHY, NDQ, VAS, A200, WDIV, IVV) yes there is some overlap (VAS-A200) and probably a little too much Aus %. I am thinking to add in a REIT specific ETF but need to do more research.

    • @scenicrider4667
      @scenicrider4667 3 роки тому

      Throw in VAP and your set…

    • @rodneymaslovsky4756
      @rodneymaslovsky4756 3 роки тому +1

      @@scenicrider4667 ok thanks, I will do some more research on this one,

    • @michael_ko
      @michael_ko  3 роки тому +2

      Up to you whether you want to add an REIT or not, either way your portfolio is looking good, as its filled with low fee index ETFs!

  • @cavemanworld5019
    @cavemanworld5019 3 роки тому

    Are there any good investment products that attract low fees and low brokerage fees if a regular contribution is made per month, eg $500 per month? In NAB, it will cost $15 per transaction for ETF exactly like share trading).

    • @jackdavidson8604
      @jackdavidson8604 3 роки тому

      Depends what ETFs you want to buy into. Commsec pocket has low brokerage fees, as does open trader (both CHESS).

  • @cynthiakk5966
    @cynthiakk5966 3 роки тому +1

    Excellent video and better than barefoot investor.

  • @armon9555
    @armon9555 3 роки тому +1

    Can you do a video on the best ways for minors to invest? I just want to put a few grand in a long term ETF but it seems so complicated as it pertains to tax implications and the such. It would be fantastic if you could provide some of your insight in this regard.

  • @DarcyStephens
    @DarcyStephens 3 роки тому +1

    Great vids, easy to learn and listen. Keep going my friend

  • @aleishahutchings3135
    @aleishahutchings3135 3 роки тому +1

    Thanks for making these videos Michael. Love your content 🥰

  • @dannnsss8034
    @dannnsss8034 2 роки тому

    The question is, how much AUSTRALIAN index to INTERNATIONAL index.

  • @alexanderemslie7475
    @alexanderemslie7475 Рік тому

    Thanks

  • @samuelburmeister1358
    @samuelburmeister1358 3 роки тому +1

    Always insightful, thanks 😊

  • @kostakollaras9099
    @kostakollaras9099 3 роки тому +1

    Awesome video bro

    • @michael_ko
      @michael_ko  3 роки тому

      Appreciate it, thanks for watching!

  • @rick7081
    @rick7081 3 роки тому +1

    Michael I don’t understand why dhhf trades at about $30 compared to vdhg at twice that. Can you offer any insight ?

    • @michael_ko
      @michael_ko  3 роки тому

      Hey Rick, it's just the unit price of the listed stock. It doesn't really mean anything. Main things to focus on are just the underlying holding allocations!

  • @johnathanjoestar7129
    @johnathanjoestar7129 2 роки тому

    Audio is a little out of sync but good content

  • @Ryan-dz3jo
    @Ryan-dz3jo 3 роки тому

    Nice work

  • @Undvne
    @Undvne 3 роки тому +1

    I'd love to see an ETF that delves into sustainable technologies etc. The problem I find when looking for one is that if you follow the ASX500 etfs a lot in my opinion are unethical. Would love to hear your thoughts

    • @w0mblemania
      @w0mblemania 2 роки тому +1

      Ethics are different for every person.
      One year ago, most people would see investments in the arms industry as unethical.
      But right now, those arms companies are helping to save people's lives in Ukraine.
      Investments are about making money. How you do it is really up to you.
      And keep in mind that "ethical funds" still exist to make people money. They just do it under the guise of environmentalism or fair-trade or whatever. It's still just business.

  • @aleighholden8462
    @aleighholden8462 2 роки тому +11

    Your explanation is realistic and straight to the point . On the other hand there are many ways of manipulating the market . I am glad as a small investor , that I am putting my hard earned savings into the most , better said the only transparent market there is day trading . Big Thanks to Stella Louis for helping me gain over 4BTC with his method lately ..

    • @Debbiemoris7652
      @Debbiemoris7652 2 роки тому

      As a beginner in the markets , your best bet is getting an experienced mentor to guide and help you make the right decisions , specifically someone who can handle your capital and help you grow your portfolio

    • @susannelson350
      @susannelson350 2 роки тому

      @@Debbiemoris7652 sure..
      that's why I invested with Ms Stella Louis into assets like cryptocurrency and some stocks

    • @michaelericboney6156
      @michaelericboney6156 2 роки тому

      @@susannelson350
      You're right,.. her Strategy minimizes risk and maximizes profits . Trading with Stella Louis has been incredible throughout the last few months , and I would recommend her strategy to any one ..

    • @jamesnalley4629
      @jamesnalley4629 2 роки тому

      I always attend her. business seminars in New York every year , she's one of the. best in the game ..

    • @craigrobinson6455
      @craigrobinson6455 2 роки тому

      @Beatriz Camarena I will forever be in-depted to you Stella Louis you've changed my life, I'll continue to preach about your name for the world to hear, you've saved me from a huge financial dept without minding my bad credit score with just a little investment🇺🇲🇺🇲

  • @daweigo6851
    @daweigo6851 3 роки тому

    Lost some money with his stock tips 😔