I set this channel up as part of my financial diary (its my hobby, helps me learn and stay up to date) and partly to help explain all the complex things that can happen in finance and investing. The better I can explain, the more I understand.
If I am able to help raise the bar, make finance just a bit more honest and simple, I'm happy.
I hold a MBA and CFA Charter and have been in financial services, banks and hedge funds for nearly 15 yrs
Channel covers: My views on finance, money matters, crypto and all things investing
This content is for education and entertainment purposes only. The channel DOES NOT provide investment or tax advice. The information discussed does not consider differing investment objectives, risk tolerance levels and may not be suitable for all investors. Past performance is also not indicative of future results. Please conduct own due diligence before making any investment decisions.
Well explained sir. I think there's a lot of us who are realizing we can save money with self-directed investing versus going to our banks and having the robots do it. Appreciate all the feedback as I learn more about potentially investing towards bonds in my portfolio.
It's called a coupon because the bonds initially contact in the form of piece of paper with detachable coupons, you detach them when a payment date arrives and give them to the bank for money.
It’s called a coupon because historically you would actually have coupons to the valuation you were owed. (Read it in “own the world” recently - there’s even a picture of the old coupons!)
Investing in US Treasury ETFs with uSMART is incredibly convenient! Their smart orders are a real lifesaver, making everything hassle-free. With low fees and reliable security, I'm confident in my investments. Plus, they offer a wide range of US Treasury ETFs and flexible investment portfolios, making investing simple and diverse!
As a newbie, I care a lot about how easy and safe my investments are! uSMART has got me covered with its smart orders, making it worry-free. Plus, they offer lots of US Treasury ETF options and flexible investment choices, making investing super simple and diverse!
If you don't use a broker but buy/sell assets (ETF's. via TD Canada trust webbroker ) via a banks webiste.... will you be notified via the bank of a "closure" of an ETF or from the company directly?
My only problem is that it does lag a bit when opening folders or apps. It's annoying when u just want to quickly jot something down but then have to wait
But WWIII would be nuclear with a nuclear winter and so no markets would be left functioning. You'd want to own: farmland, guns, ammo, silver and gold.
I do not understand why that you think that these trusts are bad. If an individual has accumulated a significant amount of money and property, shouldn't they be allowed to dispose of it in any way that they see fit? These assets don't belong to you, me, or the government. They belong to the owner. If they want to set up a perpetual trust, that's THEIR business.
What guarantees private property is the threat of use of force to protect them. In modern society it is the assurance that the government will protect the private property by using its monopoly of use of force via the police or the military if necessary. All this protection have a cost and if the super rich isn't footing the bill, someone else is. Furthermore, if we consider all the other aspects that are necessary for creating an enviroment prone to enriching people, it has several other costs. For instance, without the US government expending hundreds of billions of dollars to project its military strength around the globe to protect shipping lanes and conquer cheap natural resources, the US dollar would not be important as it is today. Heck, even public education and social networks are necessary for creating a prosperous society that enables people to be productive enough so some can get filthy rich. So yes, everyone needs to contribute to this costs and the ones that bennefit the most, the rich, should be paying most.
It’s usually priced pretty expensively if everything is thinking about inflation. That said, it is a good tool to invest if there’s an expectation that inflation will increase over time.
You're misleading people. People investing into "investment grade bonds" cannot beat the inflation. People investing into "high yield bonds" can easily beat the inflation while collecting 8-10% interest every year. The key is to invest into bond ETFs that pay those fat dividends.
I loved this drive until one day it totally failed. Suddenly not recognised on MacBook Air. Try to isolate the problem by trying different MacBooks, cables and USB ports on the Satechi adaptor. (Note: USB ports were removed from MacBooks about 3 years ago). The massive Australian retailer JB Hi sold hundreds of them and, going by reviews, about 40% failed within 3 years. The rest are no doubt about to fail, so I'd suggest you buy an SSD drive and definitely not Western Digital.
I am experiencing this problem right now! Suddenly, my Time Machine backups to this drive stopped. The drive now states it is read-only and Disc Repair can’t run on it. I tried to erase and reformat, but erase failed. Out of options. What is a dependable HD to use for Time Machine backups on my M2 Mac Mini?
Same. I regret buying WD Passports without reading the reviews. I bought *twice* (!). And all failed. First one in 2019, failed in May 2023. Second I bought in July 2023, finally failed in less than a year in April 2024.
I've been using a Passport (1TB) for a while as an external drive connected to my Blu-ray player - to watch downloaded videos on, but it has had multiple issues with its NTFS filing system... To the point where I've (repeatedly) had to format the entire drive, and copy everything I wanted, back on there. It's terribly frustrating. After the most recent time I went through that malarkey I couldn't even access the drive from any other computer, unless I bought some software... Finally managed to format the drive (NTFS again), copy some of the previous content back on, and within a few weeks the problem returned. It seems to me there's a vulnerability to the disc's file management system, and it just isn't as reliable as Western Digital would have you believe. Mine is going out the virtual window: I'm physically destroying it. After that I'm shopping for an alternative means to watch videos on my TV...
Really good to understand bonds etf..especially now when the yield approx. 5%..Got a question..so basically if you buy now VGLT and keep it 5 years..there is a high prob that then the price of the ETF will be higher..so you can win on the price appreciation + the monthly yield..is that correct?
I have bee using WD external HDD for twenty years. I had one MyBook drive and its enclosure became faulty after some years of usage. Other ones seem OK up to now.
Any reason for me NOT to go with the My Passport ULTRA? it's a little faster, has usb c / c cable, and SOME rubber feet for traction -- and on sale for Labor Day, 2023... You briefly mentioned it, and I assume you'd have discouraged us from buying it if there were issues.... Also, just LOVE watching your review; very clever graphics when doing timer countdowns... Thanks !
A better way to explain the effect of interest rates on bonds is that the person buying your bond in th open market isnt a fool and will price your bond in such a way that he will end up getting the higher return through a capital gain and the bond's coupon rate. This is similar to NPV with irr and wacc as well as value creation and destruction in valuing businesses by using ROIC and WACC. 😊
