Hi all! Thanks for your continued support on the channel, I really really really appreciate it 🙏 Grateful for your viewership, let me know how I can be better! and drop a comment
Hey mate, I've seen the last interviews you were a guest on. You rocked them! Definitely accept any invitation to future interviews because that's a great format to see you in beside usual videos!
I will always consider you the GOAT for solid, no bs financial advice. I recommend you to friends and families for your sensible and legitimate advice that I always agree with. The success is well deserved 🎉
I just opened a Roth IRA account with Betterment and Wealthfront. I put $6500 in each. (Contributed to 2023 in betterment and 2024 in Wealthfront) so I can see how they compare to each other over the course of the year. Could you give me some tips as to how I should compare their performances?
To be honest, I'm getting really frustrated with investing in stocks. I’ve been putting in $2,000 to $3,000 a month, but all I see is constant declines. I’ve mostly invested in stable, large companies, but it's not working out. How can I actually take advantage of this kind of market?
Absolutely! Wealth is made in bear markets. We aren’t in a bear market, but nibbling heavy red days has proven to be fruitful for me over 4 years of investing. I am at 2.25 mil. Biggest positions VOO, VTI, SCHD, VYM, and now looking to build up DRGO alongside finding quality value/growth stocks to buy. I got $48k divs last year in taxable divs. Q2 taxable divs this year was $17,388 this year. Don't sell when the market is down. Having a skilled CFA that puts the time in to do in-depth research can be invaluable in strategizing your portfolio.
Can I try this? I need one to review my portfolio but anyone who is fee-based is hard to find and usually have a heavy workload. Would you be comfortable sharing a recommendation if it's not too much problem
Investing in Roth IRA can be a good choice since they are funded with after tax dollars, your contributions can grow tax-free over time. When you withdraw money from your Roth IRA in retirement, you won’t have to pay tax on it, which will help you keep more of your hard-earned money. I retired with 5 million dollars
Rising prices have affected my intention of retiring at 62, working part-time, and building my savings. I'm worried about whether individuals who weathered the 2008 financial crisis found it less challenging than my current situation. The stock market's volatility, coupled with a reduced income, is making me anxious about having enough for retirement.
This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800,000.
Sonya lee Mitchell is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
Buying a stock is easy, but buying the right stock without a time-tested strategy is incredibly hard. Hence what are the best stocks to buy now or put on a watchlist? I’ve been trying to grow my portfolio of $560K for sometime now, my major challenge is not knowing the best entry and exit strategie;s ... I would greatly appreciate any suggestions.
Investing without proper guidance can lead to mistakes and losses. I've learned this from my own experience.If you're new to investing or don't have much time, it's best to get advice from an expert.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
How can one find a verifiable financial planner? I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances.
Svetlana Sarkisian Chowdhury is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
Thank you for this tip. it was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.
It took me years to really move from emotional investing to intelligent investing ;) Emotional Investing is definitely one of the most damaging and common mistakes investors make. Great video Humphrey! Like always!
The dilemma of "higher interest rate leads to expensive borrowing leads to slow economic growth" and vice versa makes it difficult to manoeuvre economic parameters. Yet the stock market isn't showing any sign of slowdown caused by a recession outlook. Investing now instead of saving would make thousands of dollars in ROI if done right.
I don't agree it is a real dilemma. These parameters are tweakable can be effectively done to preserve economy while growing the economy. I do agree, though, that the market is rising hell. Heck, I've grown more than 70k this earnings call season.
That's an impressive growth there. I put all my eggs in one basket-- META-- and I really benefitted. My FA has advised we diversify going forward. Talking about tweaking the parameters, some countries have low inflation but are still economically prosperous.
In recent times it's mainly Asian countries maintaining that dual prosperity. Anyway, any chance you could recommend who you financial advisor is? I need some help investing this year.
Yes, Taiwan is a prime example. Well, I suggest sticking with one who understands your short and long term goals. I'll personally recommend Marisol Cordova because I work with her, but I'm sure there are other good ones, too. You could check her website out.
I started investing at 18 years old now 22. I have invested into individual stocks. I also have Roth retirement plan with work that have a lot into something that represents VOO. But also I wanted to open a Roth IRA to have VOO,VTI, and maybe a high yield dividend etf SCHD. My individual stocks are stocks I feel like are good just because they are business models the world needs and some people just can’t live without. I focus on about 15 different good stocks. I think if you are willing to learn you can pick some solid stocks, but also never hurts to have those nice ETFs in a Roth IRA.
Picked 5 best performance ETF's that have a history of performing for my 401K and made 56% gain after not touching it for 14 months. It was a pleasant surprise checking it a year after doing it
In my 50s, I'm focused on investments for retirement. I've heard of people generating substantial passive income, like someone who earned $650K in under a year on a podcast. What's the strategy for such returns?
As a regular investor, it is difficult to outperform the market. Find quality stocks that have long term potential, and ride with those stocks. I have found it takes someone who is very familiar with the market to make such good picks.
My financial advisor has been a game-changer, providing clarity and boosting my confidence in navigating finance. With their help, I've achieved my goals faster than I imagined. Highly recommend!
I picked some solid ETFs, which I researched extensively. Started buying them fairly regularly and have continued to do so. I truly do dollar cost average and it’s worked out very well for me. I made all the classic mistakes through the years until it finally dawned on me to quit being so speculative. I used to try to get larger gains quickly and finally realized that’s a gambler’s mentality. I just keep buying now whether the market is up or down. I buy small amounts often.
Acquiring a stock is easy, but buying the right stock without time tasked strategy is incredibly hard. I've been trying to grow my portfolio of 210k for sometime now, my major challange is not knowing the best entry and exit strategies, i would greatly appreciate any suggestions.
Consider diversifying your portfolio across various market sectors to achieve a balanced investment approach, minimizing the potential for significant loss.
BIANCA HARLEY DORAN really seems to know her stuff. I found her online-page, read through her resume, educational background, qualifications and it was really impressive.
I am a tax CPA and have a few clients that like to play day trader. I have yet to see one to win. I have a few single stocks, but I want them for the long haul and they are only 10% of my portfolio.
I was investing on my own for the last 15 years. I'm now 42 and signed up with an advisor from Edward Jones. They charge 1% a year and I wanted someone to hold my hand in the next 15 years as I get closer to retirement. I wanna gradually lower my risk exposure and make sure I hold onto my money.
Automating investments has been really easy to set it and check once a week. Definitely about single stocks is true. Received a couple shares do stock when I was little and sold them as soon as I turned 18, and put them in index funds.
I enjoy watching your page, and yes, I subscribed. Currently I am collecting all my dividends in a pile, then I pick and purchase the div. stock I want. I'm trying to bring up each month to $500.00 of dividends. I used to just have my account reinvest them for me, but I would like to even the amount each month pays out. Easier said than done. It takes a lot of money. I have four months paying me $600.00, four months are at $460.00, and four months are at $105.00. I'm working on Feb., May, August, and November. I would love to get to $1,000.00 per month but I don't believe I have that many more years left, lol.
4:18 [Matthew Monthly divided his annual $2,000 allotment into 12 equal portions, which he invested at the beginning of each month. This strategy is known as dollar-cost averaging. You may already be doing this through regular investments in your 401(k) plan or an Automatic Investment Plan (AIP), which allows you to deposit money into investments like mutual funds on a set timetable.]...... But what would happen if Matthew did his dollar-cost averaging, and then every time he saw a 5% or 8% downturn in the market, added another $50 or $100 from his discretionary budget? In this he's not looking for the bottom, just picking up a little extra from the lulls which always happen. I have seen several articles for the 5 main Schwab types, but never for this approach. Bare minimum it should land the investor between Peter and Ashley.
Found your page after you did the video with George Kamel. Absolutely love this channel! Thank you for making what at times seems challenging into easy to understand and super helpful information. Always look forward To seeing what comes next! Thank you!
While I agree that a lot of people would be better off if they invested in ETFs rather than individual stocks, if everyone does that then no one is paying attention to the specifics of those companies and groups of investors will not be able to put pressure on those companies by buying and selling the stock based on decisions that the company has made. Also, the people who do control ETF's CAN put quite a bit of pressure on those companies whether or not the individual investors agree with the people who manage the ETFs. The reason stock markets work is because they take all of the information that a lot of people have and compile it in a meaningful way that can be used to make decisions. ETF's short circuit that information signal.
Humphrey, thanks for another informative video. That being said, the study you show at 0:43 is about day trading and you use it to talk about investment....really 2 different things! Plus, it is known that becoming a profitable day trader takes more than 300 days and the Brazilian equity futures market might not be the best place to get there.
Underperform what exactly? It’s a great way to add some extra income when done correctly. Everything depends on one’s timeline as well. Yes staying invested in a SPY ETF from an early age will outperform active trading almost always. I understand this concept, but not everyone is at the beginning of their investment journey. Some are many decades into it already.
Everything here is pretty spot on. I was very risk adverse when I started (I still am), so I typically chose the buy and hold strategy, usually picking companies I would consider lasting a long time (and then the usual index ETF's).
You missed it on the options. Keep in mind there are options buyers and sellers. Selling premium has a statistical advantage like the casino. Being an options buyer you always have decay against you. Either one has the potential for outsized returns, but the seller has the edge.
Fyi, the lump sum being just a bit higher than dollar cost averaging is due to it is basically giving the same amount of investment 6 more months to grow. There will be years where that lump sum bought high, Yeats it bought low, but those basically averages out over 20 years. The result $ being 3k higher is roughly the return on the extra 6 months of total investment time frame.
My highest fee etf is 0.25 percent. And Anything I've found above that doesn't even look remotely worth it. Feels like you are hustling in reverse as Jaspreet says 😂
Last year I found an account that I *forgot* that I had 0ver 15 years ago and it had grew to over $245k. It’s a little better than finding a hundred dollar bill in your winter jacket.😂
@humphrey Really enjoy your channel. I have a couple questions. Is there such a thing as being too diversified? Also if the stock market has an approximately 16% r.o.r. since 2019, is it naive to expect my investments with a financial firm to be gaining at least 8 - 10%?
Great point on stocks. Anecdotally I made about $14000 on GameStop from $650. I viewed that gain as “play money” and I aggressively invested in various stocks with those funds. I invested in Tesla, VW, esports stocks, IT companies, other EV companies etc. I lost all $14,000.
@@Gee-bg2rv I bought at $890 per share before the split. Not sure what that translates to right now but I believe I sold at a slight loss. That one was better than the others.
@DaveB038 ah you're right, it is lower than like a year ago. Well your mistake was selling. Tesla is not going out of business , a temporary dip does not mean sell . Hold strong until it goes back up because it'll go back up forsure 🤷🏽♂️ if it was some small company or a startup then I understand selling when it goes down but tesla is a big company like mcd's, meta, Disney etc they're not going to go bankrupt or out of business in the near future, you can bank on the stock going up eventually
@humphrey i was wondering if you plan to make a updated brokerage account comparison video for 2024 or a Updated IRA account comparison video for 2024?
I stay away from options. Shares are more straight forward. I’m up 16% in my sub$1,000 pro-folio since August ‘23. My only risky stock is Carnival Cruise but that’s maybe around 10%.
Holding onto majority of stocks i picked. And i used to be $32 dollars in the red in terms of market value. Not a loss until you sell at a loss. Have the benefit of being young. So letting it ride😎
Buy a good company and hold forever. No day trading - for suckers. I suggest a blue chip paying increasing dividends- record of 20 year record showing increased dividend payout
Here's an idea. I see you use fidelity too, they have a roboadvisor investing option. Maybe do a video of pros and cons, also maybe a comparison of few major investment firms.
What about investing in blue chip stocks with good dividends at a low cost basis or investing in trending stocks like AI or semiconductor or even crypto? I meant Bitcoin or larger AI stocks like Google, Amazon, Microsoft or Nvdia who are projected to grow exponentially largely due to leverages and market shares they have.
@damondiehl5637 I don't agree as these are all solid companies with a lot of cash whose valuations will only go higher in the long run. Trends are important because many of them are based on supply and demand.
Humphrey; I turned drip on in robinhood but it reinvested my Home Depot dividend at $400 per share when it was around $380 per share. I turned drip off, is this a robinhood thing?
Unfortunately I don't have the luxury of having low expense ratio index funds or mutual funds. Most halal funds (I'm Muslim) have like .7 expense ratios.
I was wondering why you sped up the video of Morgan Housel talking… and then the host started speaking and I realized that was Housel’s normal speed. ;-)
When you were explaining the dividend reinvestment screen on Fidelity, you showed a bunch of stocks. I assume that's part of your portfolio? If so, there's a bunch of individual stock in there. Any reason why you have those individual stocks in there when the advice is not to do it?
Ah yes, I think the main point with #1 i was trying to make is, dont buy just 1-3 stocks in total. I think having 20-40 individual stocks in varying sectors (as part of a dividend portfolio for example), can make up a good portfolio. Sorry if that was not clear. My individual stocks are all part of a dividend portfolio besides some magnificent 7 plays - but a high concentration is in index funds
He has mentioned in other videos that there are some individual stocks that are great for consistent, long-term investment (i.e. Johnson&Johnson, Home Depot, CocaCola, etc.) due to them being unlikely to go away any time soon and less likely to be affected by economic downturns - it isn't a bad idea to include those in your portfolios mixed in with Index Funds and ETFs. I think his overall message regarding individual stocks was not to stay away completely, but to not jump all-in on certain individual stocks hoping for a great rise! The ones you can see in his portfolio are slow, consistent risers if you look at their stock chart over a 10+ year period.
Hi!! You're my fav money channel so thank you for all the effort. I know you prefer Index Funds over ETFs but could you address the tax differences? I know ETFs are advantageous tax-wise but if you could explain why despite that, you prefer Index Funds. Ty~~
Remember, stocks are just insider trading and big business rigging the system. Every one of those big hedge funds have insider knowledge and the system is rigged. You either have to break the law or play the game if you want to make it big quick or even marginally fast.
The lost password one seems like a risk still. I need to do this, my wife does not. She set her investments to slow growth (like 2%) and never looked at it until we were married for a couple of years when I asked. We logged in and changed it. Now she forgets how to look at it again, haha.
8:55 I believe this is true also. I do watch mine weekly or bi-weekly not to trade or pull money out, but rather it keeps adding to on my mind and watching the sine wave while hoping for that parabolic curve into retirement hopefully creates a positive trend. I have rolled some money into ROTH from a traditional IRA, but the last time I actually pulled money out was about 30 years ago when I had a car breakdown right before my wedding.
😂something funny happens when I started investing 8 months ago I opened a account on a website. And because I did not know how the app works I just looked at the cheap stocks and there was one with insurance where I was like ooh that’s not bad. So I spended 30 dollars, how 8 months later it is worth 200 dollars. 😂I should have put more in it. (Now I just put into the s&p 500
I bought a cannabis stock (TLRY) just because I think the market is going to get bigger and the company is branching out into beer making. It jumped 50% almost immediately. I think it is because Germany just legalized recreational pot. But TLRY jumps up and down a lot, so I'm not getting too excited about it.
Totally a dumb newbie question here, but to hit the general 15% investing rule, does the employer match count towards the total? For example - if I’m contributing 6% for the employer match, would I then allocate 9% within another account to hit the threshold? Or regardless of the match should I be planning for a full 15% of out of the regular normal take home pay… thanks!
The 15% includes your employer match. However, the ‘eventual’ goal is to max the total contribution which is $23K for 2024. Not possible for many, but do the best you can. What I did was up my percentage a percent or two every time I got a raise until I maxed out. I also went 100% in a S&P500 index which over a career has an average return of 10% per year. Now at 64 I’ve got $3.3 million in my account after 33 years of investing. No trying to time the market!!!!!!!!! When it’s on a down trend, your contributions are buying stocks at a discount. Best of luck!!!
I've been thinking about retiring recently. Additionally, I placed $800K in the S&P 500 to safeguard my financial future. I need to find a strategy for investing in companies that will match my risk tolerance and financial objectives, such as Nvidia and, of course, AI stocks, but it seems like the market is now gloomy.
A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $255k to $750k.
Thanks for sharing. I curiously searched for her full name and her website popped up after scrolling a bit. I looked through her credentials and did my due diligence before reaching her.
Hi, Humphrey! Do you have videos about: solo 401k, solo 401k Roth, directed Roth IRA and what do you think about investing part of retirement accounts in real estate through Roth IRA or solo Roth IRA? Thank you.
SQ, GME, and NVDA all made me good investments. Stop-loss of 20% or more and sell order scheduled at 200% growth. Doubled every time and forgot about it every time.
If your partner doesn’t come from money then at least make sure they are someone who will allow you to accumulate wealth. That means someone who doesn’t spend more than the necessities.
Hi all! Thanks for your continued support on the channel, I really really really appreciate it 🙏 Grateful for your viewership, let me know how I can be better! and drop a comment
Hey mate, I've seen the last interviews you were a guest on. You rocked them! Definitely accept any invitation to future interviews because that's a great format to see you in beside usual videos!
I will always consider you the GOAT for solid, no bs financial advice. I recommend you to friends and families for your sensible and legitimate advice that I always agree with. The success is well deserved 🎉
I just opened a Roth IRA account with Betterment and Wealthfront. I put $6500 in each. (Contributed to 2023 in betterment and 2024 in Wealthfront) so I can see how they compare to each other over the course of the year. Could you give me some tips as to how I should compare their performances?
To be honest, I'm getting really frustrated with investing in stocks. I’ve been putting in $2,000 to $3,000 a month, but all I see is constant declines. I’ve mostly invested in stable, large companies, but it's not working out. How can I actually take advantage of this kind of market?
Great Buying opportunities today. Embracing pullbacks and correction is key. This is where the money is made!
Absolutely! Wealth is made in bear markets. We aren’t in a bear market, but nibbling heavy red days has proven to be fruitful for me over 4 years of investing. I am at 2.25 mil. Biggest positions VOO, VTI, SCHD, VYM, and now looking to build up DRGO alongside finding quality value/growth stocks to buy. I got $48k divs last year in taxable divs. Q2 taxable divs this year was $17,388 this year. Don't sell when the market is down. Having a skilled CFA that puts the time in to do in-depth research can be invaluable in strategizing your portfolio.
Can I try this? I need one to review my portfolio but anyone who is fee-based is hard to find and usually have a heavy workload. Would you be comfortable sharing a recommendation if it's not too much problem
Her name is. Melissa Elise Robinson . Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
I just curiously searched her up, and I have sent her an email. I hope she gets back to me soon. Thank you
Investing in Roth IRA can be a good choice since they are funded with after tax dollars, your contributions can grow tax-free over time. When you withdraw money from your Roth IRA in retirement, you won’t have to pay tax on it, which will help you keep more of your hard-earned money. I retired with 5 million dollars
Rising prices have affected my intention of retiring at 62, working part-time, and building my savings. I'm worried about whether individuals who weathered the 2008 financial crisis found it less challenging than my current situation. The stock market's volatility, coupled with a reduced income, is making me anxious about having enough for retirement.
This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800,000.
Mind if I ask you to recommend this particular coach you using their service?
Sonya lee Mitchell is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
Thank you so much, this is exactly what I needed right now. I wrote her an email and am waiting for her reply. Hopefully, she responds soon.
Buying a stock is easy, but buying the right stock without a time-tested strategy is incredibly hard. Hence what are the best stocks to buy now or put on a watchlist? I’ve been trying to grow my portfolio of $560K for sometime now, my major challenge is not knowing the best entry and exit strategie;s ... I would greatly appreciate any suggestions.
Investing without proper guidance can lead to mistakes and losses. I've learned this from my own experience.If you're new to investing or don't have much time, it's best to get advice from an expert.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
How can one find a verifiable financial planner? I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances.
Svetlana Sarkisian Chowdhury is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
Thank you for this tip. it was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.
It took me years to really move from emotional investing to intelligent investing ;)
Emotional Investing is definitely one of the most damaging and common mistakes investors make.
Great video Humphrey! Like always!
The dilemma of "higher interest rate leads to expensive borrowing leads to slow economic growth" and vice versa makes it difficult to manoeuvre economic parameters. Yet the stock market isn't showing any sign of slowdown caused by a recession outlook. Investing now instead of saving would make thousands of dollars in ROI if done right.
I don't agree it is a real dilemma. These parameters are tweakable can be effectively done to preserve economy while growing the economy. I do agree, though, that the market is rising hell. Heck, I've grown more than 70k this earnings call season.
That's an impressive growth there. I put all my eggs in one basket-- META-- and I really benefitted. My FA has advised we diversify going forward. Talking about tweaking the parameters, some countries have low inflation but are still economically prosperous.
In recent times it's mainly Asian countries maintaining that dual prosperity. Anyway, any chance you could recommend who you financial advisor is? I need some help investing this year.
Yes, Taiwan is a prime example. Well, I suggest sticking with one who understands your short and long term goals. I'll personally recommend Marisol Cordova because I work with her, but I'm sure there are other good ones, too. You could check her website out.
Thank you for this recommendation. I'll check her out. Congrats, too, on your newfound META wealth.
I started investing at 18 years old now 22. I have invested into individual stocks. I also have Roth retirement plan with work that have a lot into something that represents VOO. But also I wanted to open a Roth IRA to have VOO,VTI, and maybe a high yield dividend etf SCHD. My individual stocks are stocks I feel like are good just because they are business models the world needs and some people just can’t live without. I focus on about 15 different good stocks. I think if you are willing to learn you can pick some solid stocks, but also never hurts to have those nice ETFs in a Roth IRA.
Picked 5 best performance ETF's that have a history of performing for my 401K and made 56% gain after not touching it for 14 months. It was a pleasant surprise checking it a year after doing it
In my 50s, I'm focused on investments for retirement. I've heard of people generating substantial passive income, like someone who earned $650K in under a year on a podcast. What's the strategy for such returns?
As a regular investor, it is difficult to outperform the market. Find quality stocks that have long term potential, and ride with those stocks. I have found it takes someone who is very familiar with the market to make such good picks.
My financial advisor has been a game-changer, providing clarity and boosting my confidence in navigating finance. With their help, I've achieved my goals faster than I imagined. Highly recommend!
pls how can I reach this expert, I need someone to help me manage my portfolio
*Jennifer Leigh Hickman* is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.
Searched the web and saw her profile and accreditations, someone with great experience I must say, thanks!
I picked some solid ETFs, which I researched extensively. Started buying them fairly regularly and have continued to do so. I truly do dollar cost average and it’s worked out very well for me. I made all the classic mistakes through the years until it finally dawned on me to quit being so speculative. I used to try to get larger gains quickly and finally realized that’s a gambler’s mentality. I just keep buying now whether the market is up or down. I buy small amounts often.
11. Not subscribing to Humphrey Yang!
Lets go!
Cross over I’ve always wanted ‼️‼️
Acquiring a stock is easy, but buying the right stock without time tasked strategy is incredibly hard. I've been trying to grow my portfolio of 210k for sometime now, my major challange is not knowing the best entry and exit strategies, i would greatly appreciate any suggestions.
Consider diversifying your portfolio across various market sectors to achieve a balanced investment approach, minimizing the potential for significant loss.
She has extensive knowledge of portfolio diversity and is considered an expért in the field.
I'm talking about my wéálth manager BIANCA HARLEY DORAN.
BIANCA HARLEY DORAN really seems to know her stuff. I found her online-page, read through her resume, educational background, qualifications and it was really impressive.
Thank you for the lead. I searched her up and I have sent an email. I hope she gets back to me soon.
I am a tax CPA and have a few clients that like to play day trader. I have yet to see one to win. I have a few single stocks, but I want them for the long haul and they are only 10% of my portfolio.
I was investing on my own for the last 15 years. I'm now 42 and signed up with an advisor from Edward Jones. They charge 1% a year and I wanted someone to hold my hand in the next 15 years as I get closer to retirement. I wanna gradually lower my risk exposure and make sure I hold onto my money.
My three favorite channels: Humphrey Yang, Stock Brotha, & How Money Works. Make my week complete! 🔥 🔥 🔥
Automating investments has been really easy to set it and check once a week. Definitely about single stocks is true. Received a couple shares do stock when I was little and sold them as soon as I turned 18, and put them in index funds.
I absolutely learned years ago that I can’t pick individual stocks. I’ve been lucky to have a few mutual funds that have performed well.
I enjoy watching your page, and yes, I subscribed. Currently I am collecting all my dividends in a pile, then I pick and purchase the div. stock I want. I'm trying to bring up each month to $500.00 of dividends. I used to just have my account reinvest them for me, but I would like to even the amount each month pays out. Easier said than done. It takes a lot of money. I have four months paying me $600.00, four months are at $460.00, and four months are at $105.00. I'm working on Feb., May, August, and November. I would love to get to $1,000.00 per month but I don't believe I have that many more years left, lol.
4:18 [Matthew Monthly divided his annual $2,000 allotment into 12 equal portions, which he invested at the beginning of each month. This strategy is known as dollar-cost averaging. You may already be doing this through regular investments in your 401(k) plan or an Automatic Investment Plan (AIP), which allows you to deposit money into investments like mutual funds on a set timetable.]...... But what would happen if Matthew did his dollar-cost averaging, and then every time he saw a 5% or 8% downturn in the market, added another $50 or $100 from his discretionary budget? In this he's not looking for the bottom, just picking up a little extra from the lulls which always happen. I have seen several articles for the 5 main Schwab types, but never for this approach. Bare minimum it should land the investor between Peter and Ashley.
Always a good day when I see you upload. Really appreciate these videos man!
Found your page after you did the video with George Kamel. Absolutely love this channel! Thank you for making what at times seems challenging into easy to understand and super helpful information. Always look forward
To seeing what comes next! Thank you!
hold through everything. Even the bad times.
And keep on saving monthly and you will actually get a lot more in the end
Keep it 100% in an S&P500 index and stay away from bonds til you are within 7 or so years from retirement.
Thank you for the new video Humphrey! I just opened my Roth IRA this year :)
While I agree that a lot of people would be better off if they invested in ETFs rather than individual stocks, if everyone does that then no one is paying attention to the specifics of those companies and groups of investors will not be able to put pressure on those companies by buying and selling the stock based on decisions that the company has made. Also, the people who do control ETF's CAN put quite a bit of pressure on those companies whether or not the individual investors agree with the people who manage the ETFs. The reason stock markets work is because they take all of the information that a lot of people have and compile it in a meaningful way that can be used to make decisions. ETF's short circuit that information signal.
These are actually very useful advices! thanks!!
A fish also outperformed the NASDAQ, so picking individual stocks can work if you have a fish
Humphrey, thanks for another informative video. That being said, the study you show at 0:43 is about day trading and you use it to talk about investment....really 2 different things! Plus, it is known that becoming a profitable day trader takes more than 300 days and the Brazilian equity futures market might not be the best place to get there.
Being conservative with options is a great way to increase returns. Sell otm covered calls and cash secured puts.
Or Las Vegas? Same thing!😂
@@edhcb9359 We all have different risk tolerances.
I don’t gamble in Vegas, so have no real opinion on that comparison.
Nope.
Both of those strategies underperform over the long run
Underperform what exactly? It’s a great way to add some extra income when done correctly. Everything depends on one’s timeline as well. Yes staying invested in a SPY ETF from an early age will outperform active trading almost always. I understand this concept, but not everyone is at the beginning of their investment journey. Some are many decades into it already.
Everything here is pretty spot on. I was very risk adverse when I started (I still am), so I typically chose the buy and hold strategy, usually picking companies I would consider lasting a long time (and then the usual index ETF's).
You missed it on the options. Keep in mind there are options buyers and sellers. Selling premium has a statistical advantage like the casino. Being an options buyer you always have decay against you. Either one has the potential for outsized returns, but the seller has the edge.
Exactly 💯
Loved Morgan Housel at 1.5x speed! Another banger of a video Humphrey, much WOW!
Do as I say, not as I do. Don't pick stocks; here's my purchases of single stocks at Fidelity where I reinvest my dividends.
Fyi, the lump sum being just a bit higher than dollar cost averaging is due to it is basically giving the same amount of investment 6 more months to grow. There will be years where that lump sum bought high, Yeats it bought low, but those basically averages out over 20 years. The result $ being 3k higher is roughly the return on the extra 6 months of total investment time frame.
Total agree with point 9, i have losing $18K in option trading
My highest fee etf is 0.25 percent. And Anything I've found above that doesn't even look remotely worth it. Feels like you are hustling in reverse as Jaspreet says 😂
Would you recommend 100% investment in S&P 500?
Lost 1000 in options trading. It was fun learning but i think I prefer the voo and hold dcaing
You mean LEARNING to never do it again😬
Not to mention short term vs long term capital gains tax for impulsive obsessive day traders. And the opportunity cost of time and stress.
can you hep me figure out where on robin hood you say your options history I want to see if I am negative or positive and by how much
There’s a big big difference between trading individual stocks and day trading. But they’re lumped here like the same thing.
Pretty sure WSB are very open to and even celebratory about posting losses. Point taken though on the messages in this video!!
thanks, some are -- but i would say most are probably a little not!? I know for me, if i lose. on an investment, im less willing to talk about it
Loss porn is one of the most entertaining sides of WSB
WSB is just a bunch of trolls having a good time lol, I’ll never go full potato and buy options myself but hey their graphs look funky af
Last year I found an account that I *forgot* that I had 0ver 15 years ago and it had grew to over $245k. It’s a little better than finding a hundred dollar bill in your winter jacket.😂
@humphrey Really enjoy your channel. I have a couple questions. Is there such a thing as being too diversified? Also if the stock market has an approximately 16% r.o.r. since 2019, is it naive to expect my investments with a financial firm to be gaining at least 8 - 10%?
Great point on stocks. Anecdotally I made about $14000 on GameStop from $650. I viewed that gain as “play money” and I aggressively invested in various stocks with those funds. I invested in Tesla, VW, esports stocks, IT companies, other EV companies etc. I lost all $14,000.
How did you lose with tesla? I haven't been tracking tesla but hasn't tesla been going up ??🤔
@@Gee-bg2rv I bought at $890 per share before the split. Not sure what that translates to right now but I believe I sold at a slight loss. That one was better than the others.
@DaveB038 ah you're right, it is lower than like a year ago. Well your mistake was selling. Tesla is not going out of business , a temporary dip does not mean sell . Hold strong until it goes back up because it'll go back up forsure 🤷🏽♂️ if it was some small company or a startup then I understand selling when it goes down but tesla is a big company like mcd's, meta, Disney etc they're not going to go bankrupt or out of business in the near future, you can bank on the stock going up eventually
Thanks for the content. Greetings from Bogotá, Colombia.
7:37 was the playback on double speed or something? 🤣🤣
Hi Humphrey. Can you make a video on ETFs combination portfolio to hold for long term.
Thank you, Humphrey😊
Arkk is prime example of not making any money but having high fees
Lots of good advice in this video; however you conflated buying single stocks and day trading 🤔
UA-cam’s the best financial advisor
Thank you for these videos. Onward and upward
Have you ever attempted to use the Black-Scholes/ Merton equation when investing?
@humphrey i was wondering if you plan to make a updated brokerage account comparison video for 2024 or a Updated IRA account comparison video for 2024?
I stay away from options. Shares are more straight forward. I’m up 16% in my sub$1,000 pro-folio since August ‘23. My only risky stock is Carnival Cruise but that’s maybe around 10%.
Holding onto majority of stocks i picked. And i used to be $32 dollars in the red in terms of market value. Not a loss until you sell at a loss. Have the benefit of being young. So letting it ride😎
The only thing I don't do is dividend reinvesting. I take the cash and use it to rebalance at the end of the quarter.
Buy a good company and hold forever. No day trading - for suckers. I suggest a blue chip paying increasing dividends- record of 20 year record showing increased dividend payout
The only way I'll trade options is either spreads or single leg sell
Good content. Thanks for sharing.
Here's an idea. I see you use fidelity too, they have a roboadvisor investing option. Maybe do a video of pros and cons, also maybe a comparison of few major investment firms.
He is my good teacher😊
What about investing in blue chip stocks with good dividends at a low cost basis or investing in trending stocks like AI or semiconductor or even crypto? I meant Bitcoin or larger AI stocks like Google, Amazon, Microsoft or Nvdia who are projected to grow exponentially largely due to leverages and market shares they have.
Buying stocks just because they are trending is the quintessential buy high, sell low. You want to avoid that.
@damondiehl5637 I don't agree as these are all solid companies with a lot of cash whose valuations will only go higher in the long run. Trends are important because many of them are based on supply and demand.
You recommend not investing into individual stocks, and yet you name ABBV as an example of a stock you own for which you reinvest the dividends.
Humphrey; I turned drip on in robinhood but it reinvested my Home Depot dividend at $400 per share when it was around $380 per share. I turned drip off, is this a robinhood thing?
What are your thoughts on covered calls? as a bit of extra income?
Nope.
Why not?@@Stashmo
@@thomasanderson5738 Studies show long-term investors do better. You want to avoid capital gains taxes and taxes on income.
Unfortunately I don't have the luxury of having low expense ratio index funds or mutual funds. Most halal funds (I'm Muslim) have like .7 expense ratios.
thank you !🔥
No problem!!
I was wondering why you sped up the video of Morgan Housel talking… and then the host started speaking and I realized that was Housel’s normal speed. ;-)
When you were explaining the dividend reinvestment screen on Fidelity, you showed a bunch of stocks. I assume that's part of your portfolio? If so, there's a bunch of individual stock in there. Any reason why you have those individual stocks in there when the advice is not to do it?
Ah yes, I think the main point with #1 i was trying to make is, dont buy just 1-3 stocks in total. I think having 20-40 individual stocks in varying sectors (as part of a dividend portfolio for example), can make up a good portfolio. Sorry if that was not clear. My individual stocks are all part of a dividend portfolio besides some magnificent 7 plays - but a high concentration is in index funds
He has mentioned in other videos that there are some individual stocks that are great for consistent, long-term investment (i.e. Johnson&Johnson, Home Depot, CocaCola, etc.) due to them being unlikely to go away any time soon and less likely to be affected by economic downturns - it isn't a bad idea to include those in your portfolios mixed in with Index Funds and ETFs. I think his overall message regarding individual stocks was not to stay away completely, but to not jump all-in on certain individual stocks hoping for a great rise! The ones you can see in his portfolio are slow, consistent risers if you look at their stock chart over a 10+ year period.
Simplest piece of advice It’s not about timing the market but time in the market
Good investment advice!
Can you do a video about robo-advisers and which is best ?
Hi!! You're my fav money channel so thank you for all the effort. I know you prefer Index Funds over ETFs but could you address the tax differences? I know ETFs are advantageous tax-wise but if you could explain why despite that, you prefer Index Funds. Ty~~
Remember, stocks are just insider trading and big business rigging the system. Every one of those big hedge funds have insider knowledge and the system is rigged. You either have to break the law or play the game if you want to make it big quick or even marginally fast.
The lost password one seems like a risk still. I need to do this, my wife does not. She set her investments to slow growth (like 2%) and never looked at it until we were married for a couple of years when I asked. We logged in and changed it. Now she forgets how to look at it again, haha.
How can I see the lifetime p/l on robinhood?
If you lose your password how do you login to dollar cost average for your stocks………
"Why trade or hold when you can start using Eledator? Copy trading make it easier"
Caesar whispering stock picks is cold 😂😂😂😂😂😂😂😂😂
could we have an episode on FIRE (financial independence, retire early)? asking for a friend dreaming of being FIRE-ed soon on a monday :)
Great video. This is helpful. But even though you do a lot of research and pick a stock it’s still an educated guess.
yes
Great video. Can you recommend a couple of good flat-fee financial advising companies?
Usually there are independent advisors that offer flat fee ones, for a service based one, try facet for a CFP meeting quarterly
8:55 I believe this is true also. I do watch mine weekly or bi-weekly not to trade or pull money out, but rather it keeps adding to on my mind and watching the sine wave while hoping for that parabolic curve into retirement hopefully creates a positive trend. I have rolled some money into ROTH from a traditional IRA, but the last time I actually pulled money out was about 30 years ago when I had a car breakdown right before my wedding.
😂something funny happens when I started investing 8 months ago I opened a account on a website. And because I did not know how the app works I just looked at the cheap stocks and there was one with insurance where I was like ooh that’s not bad. So I spended 30 dollars, how 8 months later it is worth 200 dollars. 😂I should have put more in it. (Now I just put into the s&p 500
I bought a cannabis stock (TLRY) just because I think the market is going to get bigger and the company is branching out into beer making. It jumped 50% almost immediately. I think it is because Germany just legalized recreational pot. But TLRY jumps up and down a lot, so I'm not getting too excited about it.
Can you purchase an etf but not the entire etf? I think it's called fractural etf?
Fractional shares of an ETF, you can do that, yes.
Fidelity advertised a few months ago that you can now buy fractions of a share.
Totally a dumb newbie question here, but to hit the general 15% investing rule, does the employer match count towards the total? For example - if I’m contributing 6% for the employer match, would I then allocate 9% within another account to hit the threshold? Or regardless of the match should I be planning for a full 15% of out of the regular normal take home pay… thanks!
The 15% includes your employer match. However, the ‘eventual’ goal is to max the total contribution which is $23K for 2024. Not possible for many, but do the best you can. What I did was up my percentage a percent or two every time I got a raise until I maxed out. I also went 100% in a S&P500 index which over a career has an average return of 10% per year. Now at 64 I’ve got $3.3 million in my account after 33 years of investing. No trying to time the market!!!!!!!!! When it’s on a down trend, your contributions are buying stocks at a discount. Best of luck!!!
15% includes employer match, but eventual goal is to max out 401K. (2024 max is $33K) Want more advice, just let me know.
I've been thinking about retiring recently. Additionally, I placed $800K in the S&P 500 to safeguard my financial future. I need to find a strategy for investing in companies that will match my risk tolerance and financial objectives, such as Nvidia and, of course, AI stocks, but it seems like the market is now gloomy.
While the market is promising, expert guidance is essential for effective portfolio management.
A lot of folks downplay the role of advisors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $255k to $750k.
I've been looking to get one, but have been kind of relaxed about it. Could you recommend your advisor? I'll be happy to use some help.
Her name is Aileen Gertrude Tippy’ Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
Thanks for sharing. I curiously searched for her full name and her website popped up after scrolling a bit. I looked through her credentials and did my due diligence before reaching her.
Great video.
Peter Perfect aka Paul Pelosi
wonderful video
Hi, Humphrey!
Do you have videos about:
solo 401k, solo 401k Roth, directed Roth IRA
and what do you think about investing part of retirement accounts in real estate through Roth IRA or solo Roth IRA?
Thank you.
I'm new in US, 41 years-old have two kids and no time for mistakes)
Great video Humphrey. Excellent content
13:14 Do you feel that your decisions were negatively influenced by how Robinhood interacts with the user??
SQ, GME, and NVDA all made me good investments. Stop-loss of 20% or more and sell order scheduled at 200% growth. Doubled every time and forgot about it every time.
Not a long-term strategy.
@@Stashmo I was thinking some anecdotal evidence could really make waves.
very nice!
Great advises, thank you!
My advice is not not marrying into money
Thats a good one
😅 agree
If your partner doesn’t come from money then at least make sure they are someone who will allow you to accumulate wealth. That means someone who doesn’t spend more than the necessities.
my msft is up 70%
Awesome video. Most people are really investors but think of themselves as traders which is a mistake.
Whoops. I broke rule 1. I'm a big gamer so I put all my money in Nvidia a few years ago. I'll go check it out and diversify.