Bro Milton Friedman the father of the modern sweatshop?

Idiosyncratic risk? I like your funny works magic man

I was wondering if you could do a overview of your day Job, Thank you

Thank you for another great video, Richard. It would be interesting to hear in one of your next videos what your thoughts are about tilting towards Small Cap Value. And about factors in general.

If something seems too good to be true, then it probably is🔥.I don't know who, but someone actually needs to hear this, you've got to stop saving all your money. Venture into investing some, if you really want financial stability

I'm actually going to be using that way (advanced ESL classes)...

High school is such a waste. Every student should learn nutrition, exercise, conversation, budgeting, finance, car maintenance, home repairs, and basic options trading.

@@Smoove_J No.

It's interesting how financial literacy is no longer taught in most US schools

As someone who teaches high school, they’d have to care first. 11th graders have no money of their own (usually) and thus have no reason to care when great information is in front of them. They won’t pay attention until it affects them, or they have jobs of their own. The apathy is off the charts no matter how riveting or valuable the content is.

Not investors... Speculators. Moon boys. Crypto bros. Bag holders.

@@uFFFO Ah yes. Because trad-fi is not a elitist casino. The 2008 crash didn't happen because of greedy bankers, brokers and regulators leveraging the whole market to the ground. Crypto is just a term for a digitally protected and transferable asset. Plenty of crypto coins operate like regular stocks (+additional benefits), with a company that has cash-flow behind it. Solana Labs makes around $66M in revenue yearly for example. Bitcoin is capped at 21M coins. USD is capped at infinite bills. USD went from 6T circulating bills to 18T circulating bills the past 4 years. Keep making fun of us. Your comments will age like milk.

According to Bipan Rai, North America director of FX strategy at CIBC Capital Markets, "there is growing concern that incoming data is showing that the Fed might be a little bit behind the curve than maybe they expected heading into this year."

"There's more and more of a concern that incoming data is revealing that the Fed might be a little bit behind the curve than maybe they expected heading into this year," said Bipan Rai, North America head of FX strategy at CIBC Capital Markets.

I concur with you as well. I prefer to have an investing coach's advice in my day-to-day investment decisions because their skill set is based on short- and long-term holdings for profit realization and their unique analysis makes it practically impossible for them to underperform. My coach and I have been working together to invest for literally four years, and we have already generated over $1 million in net profits.

We're only just an information away from amassing wealth, I know a lot of folks that made fortunes from the Dotcom crash as well as the 08' crash and I've been looking into similar opportunities in this present market, could this coach that guides you help?

Thanks for the advice. The search for your coach was simple. I researched her well before arranging a call with her. Considering her resume, she appears knowledgeable.

That's a very niche category, but I appreciate the compliment nonetheless :)

“In the short term the stock market is a roulette wheel, in the long term it’s a money printing machine”…. Said someone richer than me.

There are so many ways to go about this thing. Most important aspect is to fund the portfolio as much as possible, you’ll be a happy camper if you stay the course. Minor adjustments are cool, but timing the market will steal a lot of your wealth.

If you’re investing for the long term, a looming correction or recession shouldn’t panic you. As a rookie you may want to consider buying recession-friendly sectors such as consumer staples, utilities and healthcare. Stocks that have been paying a dividend for many years are also a good choice. These tend to be long-established companies that can withstand a downturn.

This is the Plain Bagel-est advice.

"history never repeats but it sure does rhyme"

@chibuezeiroh5997 Liar liar pants on 🔥🔥🔥🔥

Lol, one of those does not belong.

Meet Kevin?! Joker, how much FTX did Meet Kevin sell you on?

Meet Kevin is pretty awful, and horrible stock picker

Yes Dr Bury, Professor El Erian, and a guy who died his hair pink

@@CouchDent RIP to Kevin’s hair.

Stocks have gone down c.20% This is a good time to invest

It really just sounds like wall st approved crap anybody can get off wikipedia.

Same. Enjoy the discounts

likewise, with a bit of vxus in there aswell

Just curious, why ETFs and not funds?

@@itsacorporatething what's the difference? ETFs are funds

Same 👍

Precisely! Our main focus at the moment should be strategies to manipulate our current situation, many people are making millions from this down market, but information like this doesn't make the news.

@Lloyd Bernard The uncertainties that come with this current market are yet another reason why my daily investment decisions are guided by my investment advisor; "JILL MARIE CARROLL" as HER entire skill set is built around being long and short at the same time, using both a profit-driven strategy and removing risk as a hedge against the inevitable downtrends, coupled with proprietary insights/analysis, it is utterly impossible not to outperform. Brought in over $1.5 million in ROI, since using my investment advisor for about 2 years.

@@roseroland1998 Nice one mate, what is the procedure with your investment adviser like?

@@lisaollie4594 It's a fairly simple process, my portfolio only reflects what she trades, not just some particular securities of my choice. "JILL MARIE CARROLL" has been amazing so far, she has influenced my portfolio a lot.

@@roseroland1998 That's fine, I curiously looked up the name and came across her webpage, her credentials/testimonials seem solid with positive reviews, I just left her a message & hopefully she responds soon. Thanks a lot

Consider yourself lucky. I was working for a few years into the housing crash in 2008 so similar position. You basically have nothing invested now so 25% drop is nothing. Into your bigger earning years you can dollar cost average at a bottom and see good results over the next decade. Just keep putting money away and it will grow like magic. You are only boned if you are 70+ right now.

I started earning well and not taking so many months off between jobs and are in a great position. As a 41 year old, I CLEARLY CLEARLY remember all the signs and economic gut feelings so hope to be able to predict kinda accurately when the bottom will come and invest heavily in mining stocks. They run pretty far in advance because they are the kinda stuff ordered 6 months or more in advance of future expected usage of materials. Get a few up and coming lithium stocks that already have mines running or near completion. And probably mostly some blue chips paying good dividends initially and then any ongoing earnings (I always work 60+ hour weeks in recessions somehow) into the younger lithium stocks.

Thank you both! Appreciate the wisdom that comes from your experiences!

As a fellow zennial, I'm excited too. Although, many people are struggling right now. For us, being decades away from retirement, times like these could be where we make some of our biggest gains. We just need to set solid, well thought-out plans and stick to them.

The best time to invest "is when there is blood in the streets." Play the long game and don't panic. All recessions end, and many of the well established funds will outperform individual, emotional investors %100 of the time.

nice essay nerd buy oil

Well said. Unless you're going to invest in the equipment and time for a massive amount of research, my suggestion for beginner investors is to use prediversified funds and like you said, play the long game and don't panic. Patrick Boyle suggested not to check them to regularly because you can be motivated to make a poor decision in a downturn. As an aside, I had one stock that had big growth because the co was bought out by a bigger corp. This is far from common though.

Do you mind telling us the name of the fund? Also down 7% compared to the overall market is actually really good ;)

@@rcbarrientos6109 Sure, I will put some reference in: Look up NL0013908692 (a Dutch fund, Netherlands)... and now actually that I look at it, it only maxed out at about +70% for this year, so I exaggerated a bit. Explosion happened in June/July. Sorry for the misleading +100% earlier, it is the my only fund that gained any value this year, and I was mostly remembering "big gains", and using this to underline the perceived randomness of the fund returns. So the exact value of the gain was not so important for my argument, and therefore I did not double check it!

Right. Seize the means of production.

Jack Bogle!

Bonds weren't spared this past year (generally speaking -- there are some money market instruments that are risk-free apart from opportunity cost), but I agree that bonds aren't discussed on KZfaq as much as they should be. Probably not all that sexy to this new class of retail investor (i.e. speculator in the 0DTE options casino), but hopefully them getting eviscerated should reign in some of the lunacy and get people thinking more of the compounding power of yields over the long term.

Once you realize that no matter how much financial education you get, you'll likely never be the 10% who overperform the market.

DCA is good for inactive investors, but probably some of the advice that keeps the rich rich as well. It’s probably somewhere in the middle

The economy is not the stock market. In fact, stocks have generated positive returns on average during economic contractions.

I agree with you !!! I just crossed 1 Mil Profit. 45,000% account growth in 1.4 years. Investing in equities has always required riding out the ups and downs. So when fear is high, it may be time to be contrarian: investors should consider it an opportunity to not only stay invested, but to also buy while prices are depressed.

Obviously, I'm not plain bagel, but my suggestion would be to adopt a mindset that is somewhat anti-hype without necessarily being contrarian when you form an opinion about a stock. When it comes to hearing an idea you think sounds nice, you're primary focus should be about digging into the company's financials. This is the lifeblood of all businesses and its key to know if one is healthy as, if they not making money, they certainly aren't going to make you money. So why do financials matter? The 10K is the one of the most comprehensive documents you can read about a company, it summaries cash flows, top line revenue, debt etc. Most can be found on the SEC site or in investor relations on the company web page. It will take some practice to read, but there a many guides online and you don't need to memorise the minutiae of the document. Once you've looked through, its best to have some thesis on why you think the company is worth owning. Try to come up with some weak points and see if what you've learned from the financials is robust enough to weather that weakness. Conviction is then necessary to hold whatever you buy, as stocks typically just rocket up in price unless some very unique circumstance occurs (Such things are hard to predict so it's not worth your peace of mind stressing over it). Understand that stocks go down sometimes. That shouldn't be your focus. You should focus on whether the company is profitable and can continue to be so. If not, find out why and whether they can realistically fix this. I find Cameron Stewart's videos quite helpful, but many other sources are fine. I hope that was somewhat useful, I only answered in case Bagel didn't see it among the mountain of comments and because he doesn't really do stock pick advice for understandable reasons.

He has videos for both topics , search index fund bubble plain bagel

@@championofwits4621 TY!

This argument is very common but doesn’t really hold up when you analyse it realistically. Your argument would only be valid if one lump summed an investment at the peak of 2000 and then never invested again until they broke even - a very unrealistic scenario. Even if you had lump summed at the peak, if you had consistently DCAed following this - through the bubble pop and subsequent bear market - you’d have been seeing profits within five years. This of course only applies to the indices.

@@TheAcharyaa Even in the case of investing regularly if you learn to wait at time or short the market at time's you would be better off then just being long all the time. Many people made fortunate shorting the market. It is true that identify bubbleb is not that hard the hard part is to guess when the bubble might burst, it can take a long time and it can be very hard to just sit and see the market going up.