The One Thing You Need To Invest In -
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- Опубліковано 13 чер 2024
- Everyone talks about diversification, but how diverse do you really need to be? Can you just invest in one fund? Ramin Nakisa (@Pensioncraft) is personal finance UA-cam royalty in the UK. Ramin walks us through some of the major assets classes, and their pros and cons - but also why one investment might just be enough for you to beat most professional investors, forever.
This episode was recorded in July 2023 so some information may have changed since then.
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Disclaimer:
This is not financial advice. The reason it’s not financial advice is because it’s not tailored to you. We explain the principles of building wealth but if you want personalised advice, it’s worth speaking to a financial advisor. As with everything financial, please do your own research. We really encourage that because no one cares more about your money than you and if you learn the basics then it will change your life.
Chapters:
00:00-00:46 - Introduction
00:46-06:40 - Why professional investors fail
06:40-11:29 - How to do it cheaper and better than the professionals
11:29-14:07 Global or S&P 500?
14:07-15:03 - Manual ad
15:03-21:45 - How many funds should you have in your portfolio?
21:45-25:45 - Why bonds are sexy (now)
25:45-30:36 - Gold and cryptocurrency
30:36-31:46 - Sensate ad
31:46-38:34 - How to buy bonds
38:34-44:25 - Holding property in your ISA via REITs
44:25-49:14 - De-risking
49:14-57:37 - Why Ramin left his job to start a UA-cam channel
57:37-57:49 - Watch this video next
Meeting Ramin in person was an absolute pleasure! I want to thank him for imparting his always calm and rational wisdom, but also for sharing the details about his personal life and UA-cam journey towards the end.
Thanks @DamienTalksMoney it was great to meet you both. I really enjoyed making it and hopefully we can make something else together soon!
Damien, sorry to ask, but could you do a video on buying bonds on the Vanguard UK platform i.e. what they each are, when I should use each one etc. I know this would be a technical video, and I have tried to watch Ramin's videos....and i love the technicality of the bond videos...........but i cannot keep up, and get comfortable enough to make a buying decision. Thoughts? @@Pensioncraft
Listened to this as a podcast on Spotify on the way to work today and found it a riveting listen. More podcasts with Ramin please 🙏
Ramin is a top bloke
I’m in my mid 50s and watching all of you over the last six months has taught me more than I have ever learned about investing. I now have a portfolio and I have my grandson’s savings in a global index fund instead of putting a bit in the building society every month. Thank you and keep up the great work.
Really enjoyed this, a very wholesome conversation! 👏🏻
Got into Damien’s channel a few months ago as a total novice. Binge watched that. Found Penion Craft. Binge watched that. Found this podcast. Binge watched that. So this was an amazing crossover, keep educating the masses.
You must be well sorted for personal finance knowledge Timmy!
“You buy NVIDIA now”….. you would have doubled your money.
This was a great secession. Keep them coming! The chemistry of the three of you together was amazing!
Podcast platinum. The chemistry between all three of you was something special. Ramin is the Sir David Attenborough of finance with his wise, almost whispered delivery. I’ve followed both your channels since beginning my investment journey 3 yrs ago and have been instrumental achieving my financial goals and in turn changing my life. Heartfelt thanks all of you.
What a great guest, fantastic dynamic, banter and of course nuggets of financial insight! That was an hour well spent on UA-cam ( for a change :) )
A man's gotta know his limitations. Brilliant episode. My favourite guys for personal finance ❤
Brilliant video. How impressive to listen someone this competent explaining complicated topics in clearest simplicity.
Just watched this podcast, and subscribed immediately. You guys are amazing and dare I say it, funny. Loved your authenticity. Looking forward to watching more, helping me with my financial literacy. Great job. Fab guest too. Loved this.
Thank You for doing this, Ramin along with Ben Felix has been a greatest influence on my finances, been watching this channel a lot lately, keep on. Ramin allways seems like a really good, humble bloke while having encyclopedic knowledge about finance.
What a great conversation this was, well done all.
Absolutely entertaining, amazing work done on the motorhome. You will have to do a video on you riding your back, and one on issues about damp in a motofhome showing what areas are inspected and where the most common issues are.
A bit of genuine honesty carries a lot of kudos in this game . I would like to thank the 3 of you for the warts and all podcast today
Lovely feedback thank you.
Thanks @hachimaru295 I appreciate that! Ramin
One of the best and informative podcasts around. Once again thank you Damo.
Really great watch. Great conversation flow. Quality guest
Fascinating & informed discussion. Thanks for uploading.
Brilliant to see Ramin more layed back, really enjoyed that!
Thanks a lot for this guys - this is great! Just subscribed
Your episodes with Ramin are my favourites… I have watched it multiple times due to the valuable content and the great vibe between you all.. I still laugh a lot at your banter! Great work guys!!!
I’ve been critical of some of your videos, but credit where credit is due this was a very good one.
Great podcast, I love Ramin. He's one of the few financial youtubers that actually knows what he's talking about and doesn't use over the top hyperbole / click bait for views.
Another great video guys, thanks.
Awesome podcast. My favourite part was how excited Damo got when he was recalling teletubbies 😂
This channel rocks! Found you a week ago and I’m hooked!! Thanks for sharing such valuable and life changing content ❤
NVDA HAS DOUBLED SINCE THIS LMAO
Glad to see you back on, looking forward to the rest of the series.
Thanks! It is great to be back, and we've got some brilliant guests lined up
Excellent. Thanks to all 😊❤
Great video - loved the content - just subscribed 👍
Just discovered the podcast after being a Damo sub for a while, this episode has answered so many of the questions I've been pondering about my current strategy. Cheers lads.
Excellent interview Thankyou
Wow, this was good, Ramin is a legend! Great job!
“It’s like a hair and they turtle“ 😂😂😂. Love this podcast, great guests.
That was informative and so much fun to watch! Thank you! 😊
Such a useful video with easy to understand and relevant information- well done guys !!
Really enjoyed the dialogue and topics. Well done!
Fantastic episode, well done boys!
this is great, thanks guys! please do this again some time
What a lovely guy Ramin is. Great interview.
Very informative. Thanks a lot. Great watch 👍🏻
Best guest yet.
High praise indeed!
At about the 32 minute mark, Ramin rubbing my face in the kicking I took because of the bond percentage in LS60% - cheers, mate ... I know! :D
Loved this meeting-of-minds by the way; good fun.
Also, just another chip on the Kudos-for-Ramin stack, as it was his calm, clear and detailed breakdowns of certain aspects of investing that gave me the kick up the behind to actually start doing it. He 'reminded' me that I had a degree in economics, that I had interned as a trader after university and that I *knew* how this stuff worked ... so why wasn't I doing it? Thirty years too late to the party but at least I have finally overcome my Working-Class-people-don't-invest reluctance. The better outcome is I have persuaded a younger friend, who has the time to really take advantage of investing, to begin preparing for retirement with more than just his company pension.
You don't have to win to be a winner.
Really appreciate the honest talk and will diving into the other videos!
I'm loving your content. Thank you for all the learning. 💯
The risk on bonds is inflation. Paying back with monopoly money isn't worth the risk. Best off in equities as they outperform in the long term.
Really enjoyed this gents…..keep up the good work 👍👍
I've listened to so many podcasts and you tube videos on investments. I learnt more in this than all the others out together. Fantastic
Favourite. Episode. Ever.
This was the most interesting and informative discussion I've heard so far,
the mix of the three of you exchanging and learning and bringing up questions tha I have was perfect.
This summs up what I have learned in the last 3 years of investing,
I am retired and changed from owning a single house rented out that was paid for and my old home to investing and it has been a baptism of fire, I tried the 60/40 ls and that crashed and I tried various hl ready built portfolios and they lost 30 %,
I now understand why they crashed and what might happen from now on, the 60/40 split would be an ok choice for me now but I have learned so much that I feel like I can manage it myself with fairly basic choices,
vwrl for a good 50% or more when interest rates settle,
the rest in cash basically short term bonds which I will feed into the vwrl up to around 70% keeping some bonds and most importantly an emergency fund which will be split between very short term bonds and pure cash.
The sllight overweighting in different scenarios is something I will watch but not chase once rates are settled.
Wow - this is such a powerful, objective video. The information can be used and applied in your everyday life in demystifying the disinformation propagated by financial advisors. Superb panelists that asked the right questions and set an excellent atmosphere. This was extremely well done - thank you!
Love that you guys teamed up with Ramin
Really enjoyed this. More of it please.
Welcome back! Looking forward to all the new interviews
Thank you for waiting! Really appreciate you tuning in and i hope you enjoy season 2
Superb episode. Ramin is another legend and love his sense of humour and his explanations and logic is second to none.
Thank you @lplate1000 That's very kind of you to say. Ramin
More than the facts the guest is spitting, what I really love is his voice.
👏👏 People think very hard to outperform an index. 95% don’t. The key must then be not to think. Just buy a world index and forget about it.
Then comes Michael Burry telling about the index fund bubble.
@@rexmundi273well Michael Burry said last year "sell everything", and everything has gone up insanely. So..
Brilliant guys combining with Ramin. Loved digging about his past. Very smart guy. And also funny watch which made me smile at the end. Keep the content going👏👏👏
Enjoyed this conversation! Great info.
To think i only discovered you guys and ramin recently. Ive had to binge 100s of hours of videos, to get up to speed on funds and bonds
Love Ramin and pension craft ❤
Excellent podcast and glad to see it for a second season.
Just a quick thank you for putting this content out there. I’ve recently gone through a change of jobs and taken a nice sum from my previous employer. I know if this happened a few years ago I would have wasted it all. I’m planning to save 70-80% of it and that’s down to you and James Shack. Thanks again for putting this out there and enlightening folks to their financial future.
Wow that hour disappeared very quickly (good sign!). In terms of the investment side of things it’s easy to lose sight of how many subjects you include (and they are all hot topics). Lots to admire. You all have slightly different perspectives but at the same time the level of warmth is very noticeable. Great pod.. vlog.. povlod.
Brilliant, been waiting for the long episodes to start again, thanks v much
No problem at all, it is good to be (properly) back 🙏
So Damo when it was just you it was enough BUT now you have gone BOGOF. I love the dynamic between you guys and you have quality people on the podcast. So now I watch both channels. Thank you Damo & Jordo 😊
Him talking about Nvidia being overpriced 3 months ago is scary.
Brilliant. Thank you
A good example of what you were saying about UA-cam channels is Mallen Baker. He avoids sensationalism and keeps things as factual and honest as possible. As a result his channel grows very slowly but the audience is much more likely to be loyal.
This is cool, I thought the podcast was only available via my podcast app.
Great podcast with Rami. I would like your thoughts on what he said about lowering the fund risk when approaching retirement? Evidence suggests this might not be the right thing to do. There are risks of running out of money , but to avoid this risk you should adapt your withdrawal rate to compensate.
First came across Ramin with about 1k subscribers - firmly watched since then, guy is a legend. Introduced me to Damien's channel as well. My thanks to you all 🙂
Great video. Can you give some examples of Bobd Funds that could be considered? I struggle with understanding this part of investment!!
Ramin is such a great person
Great video, Ramin is so good at putting investments in simple terms, even with his knowledge he feels Nvidia has peaked in this video (around Oct 2023 at $40'ish) 8 months later it is $130!!!
Brilliant investor but just goes to show that no one knows how any stock/investment will pan out..
Please excuse the noob question but what are the best tools/sites that you would recommend for comparing and tracking global indices ?
Ramin seems such a nice man! thanks for doing this interview. Learned a lot
The conversation went wild really quick 😂.. awesome episode guys!
Best content on UA-cam.
This is one of the best you've both done as Ramin is great 👍
Thank you!
Best episode yet, loved Damiens fan boy sweats at meeting Ramin. Great work all, keep it up
I was full on nervous prior to meeting him haha
Great discussion!
Loved that thank you
The legend himself
T will think this is about him
@@DamienTalksMoney Your all legends in your own right
damien ive gone for the invesco ftse all world - whats your thoughts on that one?
Great podcast episode, I think it would have been useful if to mention in the how to buy Bonds section that the yield is taxable income it came across as if the hypothetical figure of 5% was all going to fund the suggested 'life events'
Great session. Two questions about using multiple platforms and UK regulation. Is Vanguard for UK investors under that regulation or would it be seen as a US company? Other than the increased Platform costs and obvious management overhead are there any other reason not to split a portfolio across 2 platforms.
Ramin is simply the best communicator on finance issues.
excellent work gents
Talking about whether your funds overlap and are basically doing the same thing is really interesting... If only there were a website where you could say what funds you have and it would know what is actually in them, give you a mad Venn diagram showing you what you're actually doing and suggest new funds that would cover different areas of the market to avoid more overlap
How do I like this twice? 👏🏾👏🏾👏🏾
Liking the alternative strategy and for someone with my dislike of gilts and corporate bonds which blunt the performance of funds typically found in pensions for instance.
Looking forward to your next couple of themes.Cheers Tom.
Trouble is if everybody invests passively in index trackers the markets will cease to function!
Explain
Great episode Damo, insightful and fun conversation between 2 people with great knowledge.
Also I know T is there as your yang, and in q&a he adds some value, but in interviews he just reminds my of my son who is 10, chipping in, thinking he's adding value, but really it's not relevant points interrupting the flow 😅 sorry T
i recntly came in t the UK and these is the only podcast I love so much and I have learned a lot from ramin and making money podcasts just 2month in the UK. already set up my account and ready to ride the long journey in investment
Great episode. Thanks.
Surely everyone’s next UA-cam search was ‘Tubby Custard Machine’ right?
I find ramni’s and your channels a great source of information hope you’re all well
Great video 👌🏻 thanks
Great advice and sensible. Global passive seems the safest way to grow over a 5 year period decently without loosing your shirt on single stocks. I have literally just learned about MMF's and because the rates are so good at the moment close to 4.5% for me as a retired person I have sold 30% of my portfolio that was in stocks for MMF's for security and decent growth. If the rates go back to 2% I'll go back to Global ETF's
Am i mad only having 3 ETFs in my portfolio with no BONDS?
S&P500 (40%)
Russell 2000 Small Cap (20%)
World ETF (40%)
Strategy is:
S&P500 for stability
Russel for Growth
World for diversity
Just adding £5 every day (DCA) 25yr strategy. This is just an experiment. Have other incomes for retirement etc..
Its my fund and forget strategy. (Low fees)
I'm 53 and started last year i made every mistake possible so now have started again from scratch.