If she bought it for 200 dollars 3 years ago, I presume she bought it in june 2021. If she was smart enough to sell between 1 nov 2021 and 5 april 2022, she did earn a pretty hefty chunk of money woth almost 100 % gains. If she still has them... Oh boy... They are down to 160 dollars today...
No other UA-camrs are refreshingly honest in saying "I have a baby that's kept me up, so I wanted to film an entertaining video without having to script". More of this content!
I love how she was telling people to buy Zillow at $145, when a year later it's at $33. These things are fascinating when you can look at how their "predictions" turn out She also said Tesla would hit $2000 a share, and now it's down under $200. She lost like 70% on her portfolio
I bought this stock when it was way cheaper and I'm not selling it so you should buy it at its current value clearly shows a level of detail oriented investment advice that can't possibly go wrong.
@@Nono464. Technically speaking, yes. But stock prices rebounded so quick with the help of QE that it’s as if nothing happened, and if anything, the stock market had unusually HIGH returns, especially considering during a terrible recession.
I know, someone in my school made £1,000 from Tesla stock when it rose dramatically. He acted and everyone thought he was a genius. Then there was me with a proper portfolio that my dad has been getting me to do teaching me everything. So I made thousands with little risk (as I would have more money invested as I have always invested all my money when I get some, never bought anything in my life. While him, from his Instagram, went on holidays all the time bought expensive clothing ect. The typical middle class person who wants to feel rich. I have two sets of non designer clothing from next.) I’m 18 btw going to be practicing to be a hedge fund manager while at uni, I have not taken a economics degree but a MSc in investing as Engineering is my main interest so in the future when I have money I can start my dream engineering business. No one asked but there you go, I know a lot as I’m lucky to have a dad who is one of the best :)
@@daviddvorak3278 well not entirely the problem is that her statement about interest rates being low is idiotic considering that a fuck ton of worldwide governments are printing so much money in order to combat the current recession would eventually lead to higher inflation which would automatically increase each nation's respective interest rates to combat said increase in inflation, so it should be the opposite interest rates are currently pretty high right now which would mean that zillow's or every other real estate companies stocks would decrease in value relative to this economic status, considering that most of them run on borrowing money in order to buy up and eventually sell properties and considering that interest rates are kinda high right now, they won't be getting any favorable loans which are low interest loans which is what their main business model is based on borrow favorable or low interest loans then buy up properties that would generate revenue relative to their market value and ROI which should be a lot higher to said interest of borrowed loans.
@@daviddvorak3278 for a shorter summary currently we have relatively high inflation which would lead to higher interest rates which would then lead to lower revenue for companies related to real estate since their main business model is highly reliant on favorable loans/low interest rates in order to maximize their profits.
@@bryanshealy1260 If I had to guess, (1) the time investment involved in doing the kinds of digging required to be thorough might just not be worth it for UA-cam - doing cutting edge analysis is time-consuming, more valuable than Adsense and Patreon pay most content creators, and it could of course conflict with any contracts or NDAs he may have signed prior to the channel; (2) formal and informal liability - even with disclaimers, he could be publicly held to account if he's so much as incidentally wrong about something. I definitely wouldn't want my public reputation affixed to, say, whether Elon Musk arbitrarily decides that tomorrow is a good day to retire from Tesla, or whether the CEO of CISCO decides to go all-in on a bad piece of tech.
By the way just saw the news about your collab with two cents and wanted to say congratulations and way to go - been watching you since year one and this couldn’t have happened to a more deserving channel.
Best finance you tuber by far - not like the graham Stephens and Dave Ramsey’s of the world. Good head on his shoulders, and not judgemental but just casually educational. Keep it up plain bagel! (This is said as someone who is in investment management)
That was spot-on. I think the problem is also caused by short-media. Formats like TikTok, Twitter, Stocktwits are too compressed and attention-greedy to deliver (at times boring) information-depth.
If I could get 20% a day return I wouldn't be worrying about putting out TikToks. I would literally be worrying about how I could spend all this money, before I crash the global economy by having all of the money available in the world.
I am a subscriber to your but you never read any comments on the channel as they are many subscriber like myself that do comment and suggest topic but you never see to acknowledge them
@@fullmetaltheorist I know, but look what the person whom I replied to said. "This didn't age well" is something you say after someone predicts something incorrectly, but the OP already knew about the cyberpunk mess, so there was nothing to "age". But no big deal, the person I replied to probably doesn't speak English as their first language. :)
I like how this entire video can be summed up to that one sentence "if he knew how to do it, he would never share this and do this consistently". Why do people even think that someone is just going to give them a brilliant advice on a real-life problem for free?
I know plenty of people that do exactly that. There are many people on UA-cam alone putting out good content that actually helps you investing. This channel for example xD
The bigger question is why you need to pay them for a course to find out... There is no big secret. Most people won't beat the index, so get a broadly diversified ETF with low management fees and call it a day. You'll do better than 99% of these suckers and the ones that beat you aren't more skilled, they're the few that go that lucky.
@@MrCTruck I think this example becames muddied in current terms because bitcoin should be used as a currency so of course everyone will be using it. When everyone is giving out investment advice, yeah theres the problem
I am 13, and the only reason I know little stuff about the stock market and investing is because I watch informative UA-cam channels. I can't believe the influence these TikToks are gonna have on kids my age. They are gonna ruin their lives. They make it seem so simple, when in reality, even achieving 7% annually is a huge achievement
Just sit on your hands bud, wait.. as next year the market wont be so hot, its kind of held up on stilts right now, and there are beavers gnawing at the base. All the shit stocks they are talking about have 100x, 1000x their real value, these kids are way overleveraged as well, next time SPY corrects 10% they will be liquidated and lose everything. Don't listen to these shmucks, it pisses me off as well. Listen to the adults, like this guy, you aren't going to create your own future watching 6 second videos. I hope you continue to invest and learn, as long as you can make over 10,11% in a year, you're doing better than the largest hedge funds and banks.
Hi Richard, thanks a lot for being my guide in the stock market for the past year or so. You've helped me grow quite a bit. My best decision was investing my time in your channel, you're an incredibly genuine guy and I'm pretty sure ur channel's gonna blow up one way or another. Thanks again my guy
The Professor: "Let's play the lottery." Amy: "No, let's buy internet stocks." Zoidberg: "On margin, Zoidy wanna buy on margin!" Fry: "Wait a minute, I know what's going on here. You've all become idiots!"
@@erlanddrow7950 Industry space... let's call it was it is... pyramid scam. And if you're involved in "defi" that's now a ponzi scam... and if you're involved in NFT's... Just punch yourself in the face really hard.
Most of my male coworkers got into investing last year. At first we were all about our picks and were crushing it. Then January hit and after that we all shut up. Learn from the learned.
@@erikrungemadsen2081 No.. .odds are good because of inflation and the feds dumping literally trillions into it. A rising stock market with no valid reason (especially in indexed stocks) are a bad indicator of economic health.... it implies inflation... (which we are already tasting in the US)
As someone who has just started getting into stocks and has seen all of the cringe videos on ticktock and other platforms. I really appreciate this video. I have been spending a lot of time learning how to read the charts and doing deep dives into the companies and the stock itself. From what I have learned you have to believe in the company before you actually invest and test the waters within a given sector before putting large sums of money on the line. Also never go all in on one thing. It will just end up burning you in the end.
You commenting on other people’s bristle assumptions is a great way to learn for us - showing us what kind of thinking to avoid, especially when it’s the pretty logical kind of thinking lol . Nice one.
I just discovered this guy and I absolutely love how cultivated he is. I really want to become like you one day, a humble, smart and funny guy. Keep up the good work and thanks youtube for the recommended video.
I worked at a real estate firm of over 100 agents, and I knew a lot of real estate agents that were making bank in 2004-2007. Only a couple have lasted, and only one is as big or bigger now. She actually owns her own firm now. One in 100 or so are still doing great.
I actually really enjoyed this video! A very refreshing change of pace & style from the usual Plain Bagel videos :) Thanks for posting, I love your videos
The advent of online “forex traders” absolutely demolished the mainstream respect for real institutional FX traders. You can immediately tell who knows their shit by whether they say forex or FX.
I never understood the glamour of forex.... don't you get shrekt by converting currencies? like 5% of the trade fee and then the government will take another slice of that if you profit with the trade back? No thanks....
Honestly like 99% of investment scams I see are always forex. People say crypto is complicated but Forex is fucking alien and newbies can get wrecked so hard. A few years ago I was money hungry as a student, one of my mates started marketing for an Forex signals group, I signed up because he got £500 each signup and was making decent money. It was a complete scam, I was lucky to only lose around £30 (not loads of money at the time but I was pretty pissed). I know of people that lost EVERYTHING. He made about £250k and left the "company" because he knew it was going to go bad eventually. The people who ran it are all in prison now lol
@@lukewarmape603 crypto has a lot of scams but it's mostly in defi and nothing really on CEXs. Retail just gets destroyed in crypto cos they are stupid and buy the pico top of the cycle, I stg i had someone constantly asking me about how to buy crypto then they bought the week of the crash...
I've spent the past 2 years trying to learn forex trading and I've just now started to break even (demo account its all paper money) people act like 20% a day after a 7day course is possible
7:46 So he's YOLOing his account on options every week for a year? All it'll take is one bad play to tank his account to zero. If he manages his risk by only trading 20% of his account at any given time, trades 3 times a week, and makes 20% profit on every trade, in a year a $100 account will only grow to $36,252.43.
Watching this in December 2022 just hits so well. Especially that first girl in her car who for some reason predicted interest rates wouldn’t increase until 2023. Yeah all the proof you need not to believe people who give stock advice in between doing whatever this generation considers to be comedy
Love your vids! Do you think you could put together a video for college students on how to get involved in the investment analyst field? Cheers from California!
The first lady picks- APHA is unlisited now and a bankrupt company.(investment went zero) Zillow is trading at around 30 dollars at the time of this comment and is thinking of filing for chapter 11 bankruptcy.(more than 80% down) Tesla even though being a bluechip company, she bought at almost its largest inflated high and is trading ath almost half of the price.(around 50% down) ... So let's say I would have invested 10K according to that lady in all three stocks in equal proportions. My money would have been wiped out by now💀
Hey Richard! Here's a suggestion for a video: I was wondering if you would consider making a video on one of the so-called Six Major Puzzles in International Macroeconomics: The Home Equity Bias. Not that the other five are not interesting but, in the era of globalization we have currently been experiencing for the past few decades I think it may be interesting to revisit this Puzzle regarding the Modern Portfolio Theory and the advantages of diversification, and our natural tendencies as investors. I hope you consider it. Love your channel by the way, keep it up. Greetings from Spain.
There is a famous scene from the wolf of wall street where it was put clearly on how you make money from stock trades. Nobody and I mean nobody knows when a stock will do good and always beware of bump and dump.
The irony, the ad that preceded this video said “The whole world is earning with Tesla. There is no better time than now to start” P. S. I understand UA-cam and content creators have no control over the ad content.
As an equity analyst at a large asset manager, these tiktok videos drive me mad. No idea how you sivved through them. I’m surprised the SEC or FCA hasn’t shut them down yet.
My man OMG!! I just got so addicted to your “roasting TikTok fin-nonsense” videos. Thank you for doing this, 😄and the flashing dollar bill part made me LMAF 😂
Hi! I want to educate myself in the financial world. I am finishing my career in business administration but I find the world of capital markets more interesting. This year I want to do a course, where would you advise me to start?
I know in previous videos Richard said to go to the library and read the stuff their since its been filtered more. I don't think he ever recommends courses exactly (though its possible he might) but definitely do your homework and avoid anything that makes promises about returns. Depending on where you are if you live near a college you could always look to see if they have any classes on the topic. Auditing a class (at least in the US) is generally pretty easy. You also could look at various online programs that are part of colleges. Good luck.
Damn man you probably wont read this but this my first video I watched of you and you are a very likeable person. You are very informative without over complicating things and were never condescending on some of the stupid shit these people said. Lots of good subtle advice too.
How to become a millionaire by day trading as a teenager: start off as a billionaire.
Hahahahaha
have a dubai daddy
This is just the aviation joke recycled
Golden 😂
hahaha
"Tesla is gonna hit $2000"
"Interest rates won't go up before 2023”
That went well
Tesla did hit $2000 split adjusted, right?
@@bidmcms3it was around 900 something before the split. Unless there was another split I don’t know about
If she bought it for 200 dollars 3 years ago, I presume she bought it in june 2021. If she was smart enough to sell between 1 nov 2021 and 5 april 2022, she did earn a pretty hefty chunk of money woth almost 100 % gains. If she still has them... Oh boy... They are down to 160 dollars today...
@@bidmcms3they did a split?
Aphria and Zillow both tanked 😂
No other UA-camrs are refreshingly honest in saying "I have a baby that's kept me up, so I wanted to film an entertaining video without having to script". More of this content!
To be fair, with Henry’s face you can’t be mad at that dude.
You must be easily convinced
@@stephenp1461 Why does it even matter if he is lying lol find a bigger problem
I love how she was telling people to buy Zillow at $145, when a year later it's at $33. These things are fascinating when you can look at how their "predictions" turn out
She also said Tesla would hit $2000 a share, and now it's down under $200. She lost like 70% on her portfolio
Probably over average for Tiktok Finance Videos tbh
Tesla did have a stock split so it wouldnt be that bad but still not that great
What if we just short the stock when we see they recommend one
She also claimed she bought it at 200 so she’s about even now
And she said interest rates will go down in 2023, lol that didn't age well at all
The only two ways to get rich quick:
1. Be very lucky
2. Know the future
Take huge risks in you 20s
1. Get rich extremely fast 2. Think your genius 3. Bet your life savings 4. Work at McDonald’s for the rest of your life
You forgot
3. Be born into a rich family
4. Inherit a lot of money from a long lost relative
5. Win the lottery
3. Fool other people into making you rich
Future: electric cars replace gasoline cars
"20% a day, it's doable with proper risk management" I don't even... what
just know the future man
Sounds more like Russian roulette than options trading.
Make a 100 time leverage. Up for 0,02 %. Profit. And the plunge -1%
If you have $0, there is an easy way to make ∞% per day: get a job.
@@thomasmuller1850 Technically true :p
I bought this stock when it was way cheaper and I'm not selling it so you should buy it at its current value clearly shows a level of detail oriented investment advice that can't possibly go wrong.
They ALWAYS do this and no one seems to care about these scams.
Im just glad she did all my work for me yay! Im in!
It's strange coming back to this only a year and a half later to see how right he was
Everyone is a market genius in the longest bull market in history.
This x10000
The longest bull market in history ended.
@@Nono464. Technically speaking, yes. But stock prices rebounded so quick with the help of QE that it’s as if nothing happened, and if anything, the stock market had unusually HIGH returns, especially considering during a terrible recession.
Bingo
Take a look at United States well services USWS on the NASDAQ.
these kids "invested" their parents money into the most popular stocks during a bull market for a year and now they are expert traders, go figure!
And these are mostly tiktoks from January-Feb, growth sector's been pummeled since then, poor kids don't feel so smart now
Take a look at United States well services USWS on the NASDAQ. This a real adult stock not. This is not financial advice.
"life savings" aka their 2021 tax returns, unemployment and stimulus checks.
coincidentally euphoric highs will not be reached again for several years, thanks for playing TikTok , please try again !!
I know, someone in my school made £1,000 from Tesla stock when it rose dramatically. He acted and everyone thought he was a genius. Then there was me with a proper portfolio that my dad has been getting me to do teaching me everything. So I made thousands with little risk (as I would have more money invested as I have always invested all my money when I get some, never bought anything in my life. While him, from his Instagram, went on holidays all the time bought expensive clothing ect. The typical middle class person who wants to feel rich. I have two sets of non designer clothing from next.) I’m 18 btw going to be practicing to be a hedge fund manager while at uni, I have not taken a economics degree but a MSc in investing as Engineering is my main interest so in the future when I have money I can start my dream engineering business. No one asked but there you go, I know a lot as I’m lucky to have a dad who is one of the best :)
"Interest rates are low so zillow is mooning because people are buying houses!"
Ouch owie my brain
🤣🤣
Bro interest rates arent going down until 2023!! 4head. Everyone knows that!
I'm a newbie, should it react the other way? Or is it just that no one can predict interest rates? Loves to anyone who can explain it :D
@@daviddvorak3278 well not entirely the problem is that her statement about interest rates being low is idiotic considering that a fuck ton of worldwide governments are printing so much money in order to combat the current recession would eventually lead to higher inflation which would automatically increase each nation's respective interest rates to combat said increase in inflation, so it should be the opposite interest rates are currently pretty high right now which would mean that zillow's or every other real estate companies stocks would decrease in value relative to this economic status, considering that most of them run on borrowing money in order to buy up and eventually sell properties and considering that interest rates are kinda high right now, they won't be getting any favorable loans which are low interest loans which is what their main business model is based on borrow favorable or low interest loans then buy up properties that would generate revenue relative to their market value and ROI which should be a lot higher to said interest of borrowed loans.
@@daviddvorak3278 for a shorter summary currently we have relatively high inflation which would lead to higher interest rates which would then lead to lower revenue for companies related to real estate since their main business model is highly reliant on favorable loans/low interest rates in order to maximize their profits.
I would like a video where you analyze a company, this would be really educational and fun
ya curious why he hasn't done this.
True. Like go through your thought process of picking investments.
Company Man is a great channel that discusses different companies.
@@bryanshealy1260 If I had to guess, (1) the time investment involved in doing the kinds of digging required to be thorough might just not be worth it for UA-cam - doing cutting edge analysis is time-consuming, more valuable than Adsense and Patreon pay most content creators, and it could of course conflict with any contracts or NDAs he may have signed prior to the channel; (2) formal and informal liability - even with disclaimers, he could be publicly held to account if he's so much as incidentally wrong about something. I definitely wouldn't want my public reputation affixed to, say, whether Elon Musk arbitrarily decides that tomorrow is a good day to retire from Tesla, or whether the CEO of CISCO decides to go all-in on a bad piece of tech.
Checkout "Everything Money" they do some company analysis
Some of these TikToks made me physically cringe, and knowing they're only the tip of the iceberg is concerning.
By the way just saw the news about your collab with two cents and wanted to say congratulations and way to go - been watching you since year one and this couldn’t have happened to a more deserving channel.
Best finance you tuber by far - not like the graham Stephens and Dave Ramsey’s of the world. Good head on his shoulders, and not judgemental but just casually educational. Keep it up plain bagel! (This is said as someone who is in investment management)
Ugh i hate graham stephen
@@Smile200-z4y why don’t you like graham?
@@winonadaphne6445 He gives some good advice, but is also willing to shill for crypto and other dumb dumb "investments," that is, gambles.
Ben Felix is also quite good.
Check out Ben Felix as well. Mostly pure objectivity with a touch of sarcasm.
Even a "chill" Video from you has a lot of value. That's why we love you Richard. :)
That was spot-on. I think the problem is also caused by short-media. Formats like TikTok, Twitter, Stocktwits are too compressed and attention-greedy to deliver (at times boring) information-depth.
2:25 that look Richard gives when she says she has $29K just in Tesla
The irony is that none of the stocks she showed would have given her the return she claims she got.
Love your channel mate.
@@drunken_moose Lmao yes that was hilarious she claimed she 250X her investment
Bruh
@@HenryPaulThe3rd She got those returns by investing in meth
If I could get 20% a day return I wouldn't be worrying about putting out TikToks. I would literally be worrying about how I could spend all this money, before I crash the global economy by having all of the money available in the world.
This is my favourite comment 😂😂😂 thank you I really needed the laugh
Do this once a month or once a quarter. This is a good reminder of fundamentals!
Yes!!! This is what the people have been waiting for!
I am a subscriber to your but you never read any comments on the channel as they are many subscriber like myself that do comment and suggest topic but you never see to acknowledge them
@@taoriq3632 me? Or Plain Bagel?
Ain't no way you should do colab with Plain Bagel
9:08 sheesh if only investing were this easy. "Buy CD Projekt Red stock. Cyberpunk 2077 is coming out next week and the stock is gonna go way up!"
If you know more about the upcoming game then the market you could easily use this to your advantage
🤣🤣🤣🤣🤣🤣🤣🤣this didn't age well.
@@vipan0009 what the fuck are you talking about?
@@casper14301 Cyberpunk kinda did badly because of its porr game play.
@@fullmetaltheorist I know, but look what the person whom I replied to said. "This didn't age well" is something you say after someone predicts something incorrectly, but the OP already knew about the cyberpunk mess, so there was nothing to "age". But no big deal, the person I replied to probably doesn't speak English as their first language. :)
I like how this entire video can be summed up to that one sentence "if he knew how to do it, he would never share this and do this consistently". Why do people even think that someone is just going to give them a brilliant advice on a real-life problem for free?
I know plenty of people that do exactly that. There are many people on UA-cam alone putting out good content that actually helps you investing.
This channel for example xD
The bigger question is why you need to pay them for a course to find out... There is no big secret. Most people won't beat the index, so get a broadly diversified ETF with low management fees and call it a day. You'll do better than 99% of these suckers and the ones that beat you aren't more skilled, they're the few that go that lucky.
"If shoe shine boys are giving stock tips, then it's time to get out of the market."
Or do the fundamental analysis on your trades instead
@@alexpetrov2531 Yes, a trader(swing and positional) should definitely do basic fundamental analysis when it comes to trading in a strong bull market.
@Prince Wojak He made so much money he could be a hotel valet.
It's like Tim Dillons experience in real estate in 08/09, when the waiter at his local diner was also a real estate agent, the fun was over
@@MrCTruck I think this example becames muddied in current terms because bitcoin should be used as a currency so of course everyone will be using it. When everyone is giving out investment advice, yeah theres the problem
Has Warren buffet tapped into this yet? I feel like he could really take Berkshire to the next level.
Buffet is too old.. hes lost his open mind and misses out on the best buys.
I am 13, and the only reason I know little stuff about the stock market and investing is because I watch informative UA-cam channels. I can't believe the influence these TikToks are gonna have on kids my age. They are gonna ruin their lives. They make it seem so simple, when in reality, even achieving 7% annually is a huge achievement
youre smarter than most 13 year olds
Just sit on your hands bud, wait.. as next year the market wont be so hot, its kind of held up on stilts right now, and there are beavers gnawing at the base. All the shit stocks they are talking about have 100x, 1000x their real value, these kids are way overleveraged as well, next time SPY corrects 10% they will be liquidated and lose everything. Don't listen to these shmucks, it pisses me off as well. Listen to the adults, like this guy, you aren't going to create your own future watching 6 second videos. I hope you continue to invest and learn, as long as you can make over 10,11% in a year, you're doing better than the largest hedge funds and banks.
16, I know how to do Fibonacci, Trend and indicator analysis. I rarely look at balance-sheets and stuff.
well not all indicators obivously but eh
Yet, 7% is an underperformance of the s&p 500 average for the last 50-100 years.
Hi Richard, thanks a lot for being my guide in the stock market for the past year or so. You've helped me grow quite a bit. My best decision was investing my time in your channel, you're an incredibly genuine guy and I'm pretty sure ur channel's gonna blow up one way or another. Thanks again my guy
Please do more of these. Very Entertaining, but also informative. Debunking False TikTok data is essential.
The Professor: "Let's play the lottery."
Amy: "No, let's buy internet stocks."
Zoidberg: "On margin, Zoidy wanna buy on margin!"
Fry: "Wait a minute, I know what's going on here. You've all become idiots!"
Hermes: "Look at me. I'm invisible."
Kinda accurate for all the rug pulls that happened in the crypto space
@@erlanddrow7950 Industry space... let's call it was it is... pyramid scam.
And if you're involved in "defi" that's now a ponzi scam...
and if you're involved in NFT's...
Just punch yourself in the face really hard.
I truly love this channel. I share it with all the young folks I work with who are following Reddit and Tik Tok for their investment advice.
Most of my male coworkers got into investing last year. At first we were all about our picks and were crushing it. Then January hit and after that we all shut up. Learn from the learned.
Plain Bagel you have one of the most solid and entertaining youtube channels on investing and the financial world. Keep it up! Top notch.
You should do a video in a year showing how some of these stock picks are doing.
Odds are not good with the rising interest rates.
@@erikrungemadsen2081 No.. .odds are good because of inflation and the feds dumping literally trillions into it.
A rising stock market with no valid reason (especially in indexed stocks) are a bad indicator of economic health.... it implies inflation... (which we are already tasting in the US)
zillow down 33% since the video...
@@alexalvarezfernandez1463 make that 55% lol
@@davidskobe2662 Haha I was really hoping to see someone else talking about this, zillow is really eating shit right about now
You're probably one of the people I trust the most to debunk these videos, more of these would be more than welcome!
As someone who has just started getting into stocks and has seen all of the cringe videos on ticktock and other platforms. I really appreciate this video. I have been spending a lot of time learning how to read the charts and doing deep dives into the companies and the stock itself. From what I have learned you have to believe in the company before you actually invest and test the waters within a given sector before putting large sums of money on the line. Also never go all in on one thing. It will just end up burning you in the end.
You commenting on other people’s bristle assumptions is a great way to learn for us - showing us what kind of thinking to avoid, especially when it’s the pretty logical kind of thinking lol . Nice one.
The one thing I hate more than TikTok is young idiots giving financial advices on TikTok. Bagel dad, we need you to crush them! lol
I think it's more of coffeezilla job
As someone who spends a lot of time on there, all those kids rlly do is flex their money and lifestyle then never give tips smh
@@missuniverse9289 true they make money with courses not with what the courses teach
the market will eat the plebs for dinner , dont worry about that =)
Bagel dad 🤣
I just discovered this guy and I absolutely love how cultivated he is. I really want to become like you one day, a humble, smart and funny guy. Keep up the good work and thanks youtube for the recommended video.
Papa Bagel is literally saving lives with this content.
You’re such a down to earth and humble guy🙏🏻
Mr. Bagle, I always look forward to your videos. Thank you for doing what you do :)
I worked at a real estate firm of over 100 agents, and I knew a lot of real estate agents that were making bank in 2004-2007. Only a couple have lasted, and only one is as big or bigger now. She actually owns her own firm now. One in 100 or so are still doing great.
I actually really enjoyed this video! A very refreshing change of pace & style from the usual Plain Bagel videos :)
Thanks for posting, I love your videos
The advent of online “forex traders” absolutely demolished the mainstream respect for real institutional FX traders. You can immediately tell who knows their shit by whether they say forex or FX.
I never understood the glamour of forex....
don't you get shrekt by converting currencies? like 5% of the trade fee and then the government will take another slice of that if you profit with the trade back?
No thanks....
@@cpK054L Look up the carry premium in forex
Honestly like 99% of investment scams I see are always forex. People say crypto is complicated but Forex is fucking alien and newbies can get wrecked so hard. A few years ago I was money hungry as a student, one of my mates started marketing for an Forex signals group, I signed up because he got £500 each signup and was making decent money. It was a complete scam, I was lucky to only lose around £30 (not loads of money at the time but I was pretty pissed). I know of people that lost EVERYTHING. He made about £250k and left the "company" because he knew it was going to go bad eventually. The people who ran it are all in prison now lol
@@lukewarmape603 crypto has a lot of scams but it's mostly in defi and nothing really on CEXs. Retail just gets destroyed in crypto cos they are stupid and buy the pico top of the cycle, I stg i had someone constantly asking me about how to buy crypto then they bought the week of the crash...
I've spent the past 2 years trying to learn forex trading and I've just now started to break even (demo account its all paper money) people act like 20% a day after a 7day course is possible
You are such a great guy Papa Bagel. I'm truly glad to be a long time subscriber of your channel.
If you learn investment from TikTok,my apologies but you deserve to lose every penny you have
Amen.
Deus vult!
@Mao LeBron books
@Mao LeBron book bro!
It's more like Inspiration to start
STONKS! Thank you for the entertainment. I don't have money to toss into the wind (investing), but still enjoy watching those who do.
The part where you start flauting cash like the tik tok guys was hillarious xD
Love seeing educated UA-camrs spread knowledge 🔥 Love your work bro
"Investment Analyst" like please you can now flex your Portfolio Manager position, you earned it
Thanks for reacting to my video! Appreciate your insights and comments (:
My least favorite Tik-Tok is where the couple explains how when they see a stock going up they buy and then sell when it stops going up.
lmao
Every day someone rediscovers momentum trading and thinks they are a genius
@@ckbev as a good rule, if a 4-year-old can figure it out it's probably not all that smart
@@ckbev Pretty sure it's in fucking Donald Duck comics. I know that Scrooge is rich but you should perhaps not get your advice from a duck.
I like your channel very much! Will be supporting The Plain Bagel. Very awesome, very solid.
Their advice may be terrible, but the term _finfluencers_ is hilarious, not gonna lie. :D
I’m surprised your videos didn’t get more views…your content is very sound and educational
My high school must have been different, we had an economics class our senior year and a whole section was just on the stock market.
Same
Subscribed just because of that Coffeezilla shot. Love both of your guys' channels
I need him to review crypto tik toks, imagine his reaction to see ASScoin up 4000%
You know what I come to this channel for? For quality content and education and oh boy I am getting it here :)
7:46 So he's YOLOing his account on options every week for a year? All it'll take is one bad play to tank his account to zero.
If he manages his risk by only trading 20% of his account at any given time, trades 3 times a week, and makes 20% profit on every trade, in a year a $100 account will only grow to $36,252.43.
Watching this in December 2022 just hits so well. Especially that first girl in her car who for some reason predicted interest rates wouldn’t increase until 2023. Yeah all the proof you need not to believe people who give stock advice in between doing whatever this generation considers to be comedy
Love your vids! Do you think you could put together a video for college students on how to get involved in the investment analyst field? Cheers from California!
Great video, as long as it's informative/entertaining Richard, I'll watch it.. And I'm watching it :)
"No it's not" - the bluntness is refreshing!
youre the most canadian person ive never met. great work!
The first lady picks-
APHA is unlisited now and a bankrupt company.(investment went zero)
Zillow is trading at around 30 dollars at the time of this comment and is thinking of filing for chapter 11 bankruptcy.(more than 80% down)
Tesla even though being a bluechip company, she bought at almost its largest inflated high and is trading ath almost half of the price.(around 50% down)
... So let's say I would have invested 10K according to that lady in all three stocks in equal proportions. My money would have been wiped out by now💀
That was fun. Make more of those! Love your channel. Cheers!
"Yeah bro, just buy these hype stocks right at the peak of the bubble! Your $200 will be 50k in no time" 🤣
You just described the crypto commmunity. 😂
Hey Richard! Here's a suggestion for a video: I was wondering if you would consider making a video on one of the so-called Six Major Puzzles in International Macroeconomics: The Home Equity Bias. Not that the other five are not interesting but, in the era of globalization we have currently been experiencing for the past few decades I think it may be interesting to revisit this Puzzle regarding the Modern Portfolio Theory and the advantages of diversification, and our natural tendencies as investors.
I hope you consider it. Love your channel by the way, keep it up. Greetings from Spain.
Thank-you for showing my video lol
It isn't a compliment.
2:15 LOL. Zillow went from 169EUR/stock to now under 58EUR from March 2021 to today. Great advice TikTok girl!
TLDR: Basing your decisions on what everyone already knows makes you an investment genius.
This was a great change of pace from the usual content. I'd be down for another version one day, maybe even incorporate some reddit criticisms too lol
"I bought tesla at 200 last year" watching this today looks pretty humoring
4:20 one thing I thought you would’ve mentioned as well is those whose primary source of wealth is investing don’t do “sneaker reselling”
There is a famous scene from the wolf of wall street where it was put clearly on how you make money from stock trades. Nobody and I mean nobody knows when a stock will do good and always beware of bump and dump.
That’s scene is wrong he just said that because it’s not their job to make guess and he’s right they’re not trader they’re broker
This is exactly what I expected an investment analyst to look like.
Hey hey another "proper risk management" guy appearance 📈
Hey jack really like your channel. Take a look at United States well services USWS on the NASDAQ.
@@augustuscaesar5291 thanks! I'll take a look soon
From another CFA, this video is done in a very professional manner. 👍
In a way, this is more beneficial than your usual content because it's fighting disinformation in addition to informing us
This was awesome! Really appreciate the informational commentary.
I really love how Coffeezilla is getting more and more famous. He deserved it all. I've been watching his videos for past 2 years
Buy boring companies, is some of the best advice anyone could get.
Very few channels I subscribe to first video. Loved this, really enjoyed it
The irony, the ad that preceded this video said “The whole world is earning with Tesla. There is no better time than now to start”
P. S. I understand UA-cam and content creators have no control over the ad content.
i had something like that too
Love this type of video keep doing them please!! And congrats on the baby 😀
As an equity analyst at a large asset manager, these tiktok videos drive me mad. No idea how you sivved through them. I’m surprised the SEC or FCA hasn’t shut them down yet.
The advice to buy nvidia at 5:08 was truly genius
"Adding some value"-- this is what reaction videos should be called for finfluencers. It's perfect.
Coffeezilla brought me here, and you did not disappoint... SUBSCRIBED. 🤓👍
Watching these stock picks a year later lmfaoooooo zillow and tesla great picks
Buy high and sell low strategy has never steered me wrong
Wait Marquis, you want the number to go up
Love from India 🇮🇳😍😍
My man OMG!! I just got so addicted to your “roasting TikTok fin-nonsense” videos. Thank you for doing this, 😄and the flashing dollar bill part made me LMAF 😂
Wow that Zillow pick didn’t age well
Mr Bagel is by far the best youtubers I came across
Bro you gotta make more of these LMAO.
Thanks plain bagel. This has been great to see examples of justifications that is not sound for investing.
Hi! I want to educate myself in the financial world. I am finishing my career in business administration but I find the world of capital markets more interesting. This year I want to do a course, where would you advise me to start?
I know in previous videos Richard said to go to the library and read the stuff their since its been filtered more. I don't think he ever recommends courses exactly (though its possible he might) but definitely do your homework and avoid anything that makes promises about returns. Depending on where you are if you live near a college you could always look to see if they have any classes on the topic. Auditing a class (at least in the US) is generally pretty easy. You also could look at various online programs that are part of colleges. Good luck.
ignore the scammers on Tik tok and youtube and read a lot of books!
Damn man you probably wont read this but this my first video I watched of you and you are a very likeable person. You are very informative without over complicating things and were never condescending on some of the stupid shit these people said. Lots of good subtle advice too.