My name is Ramin Nakisa and I started PensionCraft in 2016 as I felt strongly that I wanted to teach people how to invest well for themselves so they could stop making costly mistakes and losing their money through having to pay unnecessarily high fees.
Before starting PensionCraft, I worked in investment banking as a strategist and I was a frequent contributor on CNBC and Bloomberg TV. I have written two books about finance and investment: one for professional investors and one that explains how to buy and sell volatility using exchange-traded products.
I publish a new video on RU-vid every Saturday and you can join me for a live Q&A on the 1st Thursday of every month at 7pm UK time.
If you want to learn how to become a better investor then why not join our friendly membership at pensioncraft.com?
The idea of investing a significant sum of money may be both thrilling and intimidating. There is potential for considerable wealth increase with the correct strategy. How can one take advantage of compound interest and potentially grow your retirement savings to about $1M over time?
In this kind of situation with the country in a dictatorship the result completely lies on Xi's team and how corrupt the governemnt really is. Though the only real bad situation for the select few politial leaders really doesnt exist.
Completely agree Ramin, currently though they have reached a good peak in the cycle and the rates are at the best since 2007. I actually now qualify just for an enhanced annuity so that where im heading as the figures work out around 30% better in this case. The ISA alongside will remain fully invested in a broad equities base,
Sitting here in 2024 and listening about the “the fed is jumpy about inflation and will raise interest rates” well that didn’t age well with them not raising interest rates because “inflation was transitory”. While it is correct to say that governments can print money, but that is always inflationary. MMT in its correct implementation relies on politicians showing restraint and that’s not going to happen any time soon, especially when elections come around and they need to give the people a bit of a boost. It is also missing out the actual asset from the equation. Sure we have spending and taxation and the defect to consider, but without the assets then it’s a bit of a partial view of things. In addition they have the global economy to factor in to what is already a chaotic model. Good luck with that.
Excellent video Ramin, thanks - particularly good as you express a fairly strong opinion (ref tech and small caps) and explain your rationale. Pretty compelling, many thanks.
Even though markets going sideways,but they are still up big,the broader market,let’s say S&P is up 20% year to date,.so where the gains is going to come from here,meaning markets will go sideways from here till the end of the year.
If you are invested in a broad based index then there is no need to concern yourself with any sort of stock analysis. If you have a low risk appetite go for the FTSE global all cap. If like me you like to live on the edge stay with VUSA or its equivalent. Simple! Get a hobby, pay your taxes……and have a good life.
The sideways movement is either distribution or re-accumulation. I'm leaning towards re-accumulation. There will always be corrections though. Buy the dips, hold long term. If there is an AI bubble, sell your house and buy the dip! ;)
Hi @pathologicaldoubt the Mag 7 are overvalued - I don't think that's controversial. But they may stay overvalued for a long time! Usually you don't know you're in a bubble until it pops. Thanks, Ramin.
Thank you for your insight. A post on US value and small caps funds available to UK investors and/or considerations when picking them would be very informative. A couple have been suggested in the comments.
Hi @khtan5531 the fee for those funds is surprisingly high at 0.22% so there are now several cheaper alternatives with almost identical returns. Thanks, Ramin
“Narratives are fickle. Whereas fundamentals are very reliable, in the sense that markets snap back to fundamentals when some kind of shock comes along”.... Well said.
Another great vid ramin. I will talk to my adviser about adding a value small caps fund as a tilt. As a retired independant CFP financial adviser, i believe your rational is sound. Iimportantly you also covered your strategy risks well. Higher returns = more risk. Kiwi
Hi @selwynparker5793 thanks for that and I'm glad you found the rationale sound. I'm sure you did your own research too - I never intend for people to copy what I do. Thanks, Ramin.
Hi @FarmerGwyn as @cosy1914 says Buffett is planning to give almost all of his wealth away. "More than 99% of my wealth will go to philanthropy during my lifetime or at death. Measured by dollars, this commitment is large. In a comparative sense, though, many individuals give more to others every day" givingpledge.org/pledger?pledgerId=177 Thanks, Ramin
Hi @user-fv1576 I've done videos about my UK Small Cap Value Quality Momentum portfolio - a couple in fact! This was more about the US as you say as that's a much larger market. Thanks, Ramin.
Oh, good, I stopped buying total US market several years ago and have been buying only ex-US and value since then. Maybe ten years from now conditions will be good to buy large cap growth, but not now.
Awesome thanks. You correct about Labour government October 30 Budget. It not going to be generous. Labour government Budget stringent. They in until August 15th general election 2029. Labour government you support it Thomas. 37 Labour party MP's Scotland. Labour government keep first past the post voting system for UK general election politically deliver 412: Labour party MP's England London United Kingdom.
I doubt Labour will mess with ISAs and SIPPs much. Maybe they'll take away the higher rate tax relief for SIPPs, but its unlikely they'll change much more. So you're still better of maxing out those before putting any money in what's basically renewing lottery tickets. And even when you maxed out you ISA and SIPP, it's still better to invest in some gilts, you'd get better return on some of those than the advertised return for premium bonds. Ramin and Michael just made a podcast about this over at Many Happy Returns.
Ps. Do you know if there is an eft that is something like Random 500 stocks from the broader index? Grab, 500 [profitable] companies randomly selected from eg all US equities..
Why can't most companies no matter a small , mid, large cap eventually benefit from AI? If the market is normalizing to a Federal funds rate of around 3% like we had prior to the GFC, isn't a reasonable hypothesis that being invested in a total market index fund (US & International) the best play In the long run? Why complicate your portfolio more? Simplicity can be the savior of ego driven human behavior that frames bad decisions. I really appreciate your content and perspective on markets Ramin!
Hi Ramin, Great video as usual sir. Given that we’ve just had a prolonged bout of quite high inflation and the understanding is that stock values match inflation plus or minus a little, does that mean that the markets have this amount already baked in, or will they continue to increase in value to match the new post COVID compounded inflation levels?
Thanks, interesting, I have been thinking sp500 was way overpriced ever since I started investing 4 years ago. But still it keeps on going up in general, all though it deffo has stuttered and seems to be hitting a wall ATM.
