Meeting Ramin in person was an absolute pleasure! I want to thank him for imparting his always calm and rational wisdom, but also for sharing the details about his personal life and RU-vid journey towards the end.
Damien, sorry to ask, but could you do a video on buying bonds on the Vanguard UK platform i.e. what they each are, when I should use each one etc. I know this would be a technical video, and I have tried to watch Ramin's videos....and i love the technicality of the bond videos...........but i cannot keep up, and get comfortable enough to make a buying decision. Thoughts? @@Pensioncraft
around this time I’m more attentive! Its just inevitable that there's going to be peaks and troughs in the graph of economic growth or prosperity, there's never going to be one underlying cause that connects them all, embrace the opportunity, make interest, cashing up on dips.
Those calling stocks momentum a flunk aren't considering the long run. The companies themselves have not changed, it's the market that changed. Steady as it goes, and it'll regroup in weeks.
If you are not too savvy with the market, it’s the best time! just buy and hold on strong companies or best you seek out areas within sectors that can help you sustain a balance in both growth and value overtime. In certain cases, it's even wiser to speak with a smartvestor to determine options best meant for you, I personally did this, and it works pretty well..
right now I’m being counsel on renewable energy, semiconductors, Ai chips which will be hugely integral on every sectors in the coming years. an absolute power move right now.
I’m in my mid 50s and watching all of you over the last six months has taught me more than I have ever learned about investing. I now have a portfolio and I have my grandson’s savings in a global index fund instead of putting a bit in the building society every month. Thank you and keep up the great work.
Got into Damien’s channel a few months ago as a total novice. Binge watched that. Found Penion Craft. Binge watched that. Found this podcast. Binge watched that. So this was an amazing crossover, keep educating the masses.
Podcast platinum. The chemistry between all three of you was something special. Ramin is the Sir David Attenborough of finance with his wise, almost whispered delivery. I’ve followed both your channels since beginning my investment journey 3 yrs ago and have been instrumental achieving my financial goals and in turn changing my life. Heartfelt thanks all of you.
I wonder if the bubble in the top stocks like NVidia is not in part due to the Passive Index Investing trend into Indices such as the S&P, which in themselves are Market Capital Weighted, so concentrating those passive investment inflows to the higher Market Cap stocks, driving the prices of those stocks higher...
Great podcast, I love Ramin. He's one of the few financial youtubers that actually knows what he's talking about and doesn't use over the top hyperbole / click bait for views.
Thank You for doing this, Ramin along with Ben Felix has been a greatest influence on my finances, been watching this channel a lot lately, keep on. Ramin allways seems like a really good, humble bloke while having encyclopedic knowledge about finance.
I don't understand how people do not mention taxes when talking about Bonds (low yielding low voltality) and now add inflation we end up with zero or negative value of the corpus. Hence asset allocation should always be the focus with Bonds as a way to park cash for any type of correction
This was the most interesting and informative discussion I've heard so far, the mix of the three of you exchanging and learning and bringing up questions tha I have was perfect. This summs up what I have learned in the last 3 years of investing, I am retired and changed from owning a single house rented out that was paid for and my old home to investing and it has been a baptism of fire, I tried the 60/40 ls and that crashed and I tried various hl ready built portfolios and they lost 30 %, I now understand why they crashed and what might happen from now on, the 60/40 split would be an ok choice for me now but I have learned so much that I feel like I can manage it myself with fairly basic choices, vwrl for a good 50% or more when interest rates settle, the rest in cash basically short term bonds which I will feed into the vwrl up to around 70% keeping some bonds and most importantly an emergency fund which will be split between very short term bonds and pure cash. The sllight overweighting in different scenarios is something I will watch but not chase once rates are settled.
First came across Ramin with about 1k subscribers - firmly watched since then, guy is a legend. Introduced me to Damien's channel as well. My thanks to you all 🙂
Your episodes with Ramin are my favourites… I have watched it multiple times due to the valuable content and the great vibe between you all.. I still laugh a lot at your banter! Great work guys!!!
Great video, Ramin is so good at putting investments in simple terms, even with his knowledge he feels Nvidia has peaked in this video (around Oct 2023 at $40'ish) 8 months later it is $130!!! Brilliant investor but just goes to show that no one knows how any stock/investment will pan out..
A good example of what you were saying about RU-vid channels is Mallen Baker. He avoids sensationalism and keeps things as factual and honest as possible. As a result his channel grows very slowly but the audience is much more likely to be loyal.
Just watched this podcast, and subscribed immediately. You guys are amazing and dare I say it, funny. Loved your authenticity. Looking forward to watching more, helping me with my financial literacy. Great job. Fab guest too. Loved this.
Talking about whether your funds overlap and are basically doing the same thing is really interesting... If only there were a website where you could say what funds you have and it would know what is actually in them, give you a mad Venn diagram showing you what you're actually doing and suggest new funds that would cover different areas of the market to avoid more overlap
Excellent podcast and glad to see it for a second season. Just a quick thank you for putting this content out there. I’ve recently gone through a change of jobs and taken a nice sum from my previous employer. I know if this happened a few years ago I would have wasted it all. I’m planning to save 70-80% of it and that’s down to you and James Shack. Thanks again for putting this out there and enlightening folks to their financial future.
One of the best podcasts I’ve listened to. I’m 52 thinking about my strategy now I’d love to see content for this age group please, especially for those of us who are late to the game
Just discovered the podcast after being a Damo sub for a while, this episode has answered so many of the questions I've been pondering about my current strategy. Cheers lads.
Absolutely entertaining, amazing work done on the motorhome. You will have to do a video on you riding your back, and one on issues about damp in a motofhome showing what areas are inspected and where the most common issues are.
I retired early with a million plus in isas and stock's. My advise from experience is you definitely wont become wealthy just investing in a all world index trackers. You may eventually, after 30-40 year's its just to slow imo you need to be investing aswell in growth and disruptive stocks. Most entrepreneurs and successful investors take risks , if you're risk adverse, it is going to be a long, long trek getting there.
Isn’t the big advantage of REITS that because they are closed end investment trusts traded on the stock market investors can always sell and the fund manager doesn’t need to flog a shopping mall or gate the fund in the event of a rush for the exit? (Of course the share price might fall though). Ramin seems to be referring to property funds that aren’t traded on the stock market and so can be closed to withdrawals, not REITS.
Ooo a new channel to binge. How exciting I'm 95% single equities. I sink so much time into it, years of reading and years of learning beyond just balance sheets and income statements, DCF, basic technical analysis, blah blah... You have to be on it all the time. But that global equity fund is starting to look far more interesting. Why fight the tide when you can float along. Damien said it well - you can control your income
@@chrisf1600 how are balance sheets and income statements and valuing assets a waste of time. Sorry! But you are wrong Buying security analysis and intelligent investor and putting them on your shelf doesn't mean much. Remember you actually have to read them 🤣
Great advice and sensible. Global passive seems the safest way to grow over a 5 year period decently without loosing your shirt on single stocks. I have literally just learned about MMF's and because the rates are so good at the moment close to 4.5% for me as a retired person I have sold 30% of my portfolio that was in stocks for MMF's for security and decent growth. If the rates go back to 2% I'll go back to Global ETF's
Pensioncraft the most credible uk channel on this diy investing topic. Appreciate his honesty and openness. Passive developed world is what I do, no more. Need to be carful on us % longer term, 50-55 max.
Am i mad only having 3 ETFs in my portfolio with no BONDS? S&P500 (40%) Russell 2000 Small Cap (20%) World ETF (40%) Strategy is: S&P500 for stability Russel for Growth World for diversity Just adding £5 every day (DCA) 25yr strategy. This is just an experiment. Have other incomes for retirement etc.. Its my fund and forget strategy. (Low fees) I'm 53 and started last year i made every mistake possible so now have started again from scratch.
Brilliant guys combining with Ramin. Loved digging about his past. Very smart guy. And also funny watch which made me smile at the end. Keep the content going👏👏👏
Wow - this is such a powerful, objective video. The information can be used and applied in your everyday life in demystifying the disinformation propagated by financial advisors. Superb panelists that asked the right questions and set an excellent atmosphere. This was extremely well done - thank you!
He is wrong regarding REIT’s and liquidity. The problem he mentions is a consideration for open ended funds but not for closed ended vehicles like a publicly traded REIT. The impact here will be a widening of the discount to NAV which may make it uneconomical to sell but not from a liquidity angle.
Great podcast with Rami. I would like your thoughts on what he said about lowering the fund risk when approaching retirement? Evidence suggests this might not be the right thing to do. There are risks of running out of money , but to avoid this risk you should adapt your withdrawal rate to compensate.
Mutual funds charge a fee too, albeit super low. .03 of 1% What happens when you have all just buying a fund? There needs to be people taking the other side.
i recntly came in t the UK and these is the only podcast I love so much and I have learned a lot from ramin and making money podcasts just 2month in the UK. already set up my account and ready to ride the long journey in investment
Wow that hour disappeared very quickly (good sign!). In terms of the investment side of things it’s easy to lose sight of how many subjects you include (and they are all hot topics). Lots to admire. You all have slightly different perspectives but at the same time the level of warmth is very noticeable. Great pod.. vlog.. povlod.
So Damo when it was just you it was enough BUT now you have gone BOGOF. I love the dynamic between you guys and you have quality people on the podcast. So now I watch both channels. Thank you Damo & Jordo 😊
So I agree that an Index or two is the best choice for most, especially in a rising market - but, that's also the thing, ... many think we will have a range bound market over the next decade and if that's the case and you want to see your money grow via equities you're going to have to do some stock picking. Though i agree it's good to be humble, what you don't know will kill you...
Great podcast episode, I think it would have been useful if to mention in the how to buy Bonds section that the yield is taxable income it came across as if the hypothetical figure of 5% was all going to fund the suggested 'life events'
I found the discussion on AI particularly interesting. For example Nvidia that really now needs to produce huge profits to warrant the share price, otherwise there will be a correction. And we all remember when the internet bubble burst. My question is this. How do I eliminate that risk whilst investing in a globally diversified passive tracker? Every fund I’ve seen spreads by market share, meaning I’m buying into Nvidia, Alphabet, Microsoft, Tesla et al, when actually the consensus is they might burst
In a market capitalisation global eqiuity fund you can't eliminate the risk of mega caps crashing. You could buy equal weighted funds to reduce exposure to US mega caps but all stocks fall in a crash and all countries will be hit. So I just ride out the storm and accept future returns will be lower. I did buy some short dated individual gilts and bond funds so that in a stock market crash, I can sell these to buy stocks.
