Keep going mate I started at 31... was in 13K debt and living in my overdraft. I'm now debt free have a 45K emergency fund. 55K saving pot and just surpassed 500K. My portfolio is roughly Index funds, ETFs and individual stocks... I am almost 33 now!
which companies would you recommend or where should I invest a hundred K to get the best returns right off the bat? I have just opened a Vanguard account and its my first time investing I have just started off low and I am depositing 20% of my monthly salary I am scared because I don't know what to do now :D
I lost a lot chasing individual stocks and I feel pretty stupid for not understanding how investing works. I have a double major in economics but I’ve been trying to make sense of the market. Well done on profits!
Keep it simple, buy things you understand, take some risk but don't try to shoot the lights out. Talk to a CFA if you really aren't sure. I am with *Lina Dineikiene* .I conservatively follow her recommendations and guidance on market entry and exit points, and tbh this approach makes investing fairly simple and worthwhile. I am convinced it's not just hard work but smart work :-)
I agree with the guy above if you’re 60 expecting to retire soon then it’s better not to but if you’re in your early 20s and saving for 40s then you have the time to play long game
I agree with this but not looking forward to those 18 month to several year periods of negative values 😂 after some fiscal event. But stay the course to the next high!!
Exactly. Doesn't make a difference especially if you're going to invest for next 10 plus years. I just buy in with every pay check regardless of price.
This is such a genuinely brilliant video. I found the info really useful, but even if I disagreed, critically the setup, editing, theme and quotes, it's the best thing i've seen on youtube this year. Thanks for your effort to make great quality videos, it is valued.
Thank you for the lovely feedback! I spend far too long thinking about things like theme and story so it’s music to my ears to hear you enjoy those elements.
@@DamienTalksMoney Your content is so engaging. I have just started my investment journey and cannot thank you enough for all the effort you put in and content that you put out.
I remember buying my first Index Fund in April 2022. It dropped in June. I bought more every month and managed to even out my losses, that then turned into gains as the months went by. Now up 22% over two years. Consistency is key.
@@alwayslearning7672I recommend looking into dollar cost averaging (the act of investing little and often). It is generally preferable as it helps balance out the peaks and troughs of the market.
@@alwayslearning7672 if you have a large sum of cash, it's better to invest it - time in the market is better than timing the market. Most people don't have it and just buy in with a portion of their paycheck every fortnight or month. Obviously don't go all in, you still need 6-12 months expenses in cash so you can handle emergencies without the need withdraw funds, especially if the emergency coincides with a down turn in the markets.
The s+p 500 has been at all time highs for approx 20% of it's life. Not too many people that have invested along the way would regret it, even if there timing was so bad they only ever got in on the highs
I think it was Branson who once said 'If you can't explain something on the back of an envelope, it's rubbish' and this video encapsulates that perfectly, Damo. Your ability to take fairly complex information and deliver it in a understandable, sympathetic and well-edited way is reason why after a number of years I still watch (and invest!) Keep up the great work mate - it's much appreciated.
(If you have the funds) Best thing is to lump sum a large amount into your ISA beginning of each tax year, then DCA rest of the year to mitigate crash risks.
Yes! Every year or month or even week things are at an all time high. How else would the market otherwise grow over time: it grows bigger (peak) then previously Buy buy buy. Hold hold hold
@@PrettyGoodLookinIt means that rather than specifically trying to invest a ton of money when the stock dips, you just invest a small amount on a regular basis (monthly for example). Sometimes you will buy when it's high, sometimes when it's low, but on average you will be spending an average price, without all of the mental strain of debating when to buy and then the regret if the price drops right after you buy.
That RBC research @4:00 isn't wrong, but it's a bit misleading imho. When you adjust for inflation (ie, measure prices in real terms), the SP500 was in drawdown for nearly 20 years between 1970 and 1990. It took two decades to get back to your starting point, even after reinvesting all dividends. 2000-2010 was also brutal. And their chart also doesn't rule out periods of long, drawn-out, sideways movement which aren't uncommon. As equity investors, we earn an excess return because there's a non-zero chance we might never get our money back. Too many people don't understand this.
Exactly. The 'time in the market' advice is likely correct much of the time, but not where markets are in bubble territory like they may be now. It's not just at all time highs, but an extended bull run with narrow leadership, with a high Shiller PE ratio. After 2000 many lost everything - the SP500 lost 50% and took a decade to recover, the Nasdaq lost 75% and took 15 years to recover. Just dumping money into the market without assessing the situation is unwise.
@@DamienTalksMoney which led to shiller PE being even higher today. Chance investors are worried about potential buble. But as Keynes once said "Markets can remain irrational longer than you can remain solvent". I think each undecided investor should seek the answer to this question: Investing at all time highs with infalted P/E or sitting on the sidelines with cash, which of these approaches is more risky for my future expected returns? Answering this question correctly will lead to making correct decision. But the correct decision is not the guarantee of good outcome in investing.
@@pistopit7142 RN u get 5% annual sitting in TBIL with barely no risk. If you want to lumpsum right now. by thinking market will remain irrational. and snp500 will double up from this ATH and we will get another 10 years bullrun after 14years of bullrun.. this is very less likely. and more likely you will sit on a loss 5 years / 10 years recovery. people who buy on crash(fear) and sell on peaks always win at the end. Sit on TBIL. Federal reserve will drop rate only when shit will hit the fan so the market correction will be there.. they just need a catalyst to turn the sentiment. 2001 was dot cum bubble. 2024-2025 is the IA BUBBLE.
@@atomicfly777 The only people who lost everything after 2000 were those who weren't diversified. That's not a market timing problem. That's a diversification problem. People who were diversified recovered. Also, I'm not sure it makes sense to adjust for inflation to begin with. The alternative for people sitting on the sidelines isn't returns matching inflation (albeit I suppose you could invest in inflation adjusted T-Bills but then you suffer interest rate risk)? For most people sitting on the sidelines because they are fearing a market downturn the alternative is the interest on their savings account or a short term CD rate.
I don't know if I agree with this analysis. All time highs in the stock market don't mean that much when money creation and central banks balance sheet expansion also are at all time highs. I think it is better to relate stock market indices to money supply or global GDP (which is basically M2 money supply x velocity of M2). If you correct a stock market index for nominal GDP you'll get a sideways trending data series. Then you can work out if the stock market index is in a certain percentile. Currently the MSCI World Index is in its top 17th percentile. You could also use the CAPE-ratio.
When I hesitate to invest during an “all time high” market I ask myself the question “would I sell my ETFs during all time high to wait for prices to crash?” The answer is always no , which means I should invest regardless of what the market is doing.
When I first starting watching your channel the S&P was £57, that was during lock down granted but still. You’re really giving solid advice, keep it coming fella .
This is possibly the best put together episode you have ever done from production point of view. Story telling goes long way and with the frame you applied to is great and will be remembered. Of course, all data and insight you brought in as always is great! Well done and thank you for the episode!
Very pertinent for me this one. Started investing again recently and hold mainly VUSA. Made a lump sum deposit and have been drip feeding it into VUSA while the remainder earns daily interest on T212. Going to continue with that approach for now.
@@DamienTalksMoney Oh believe me I know! What kind of took me by surprise is how easy it was for someone as mad as her to get into the highest position in the country and then how easy it was for her to be able to do what she did without anyone stopping her! I mean, could she have pressed the nuclear button so easily as well?! But it was hilarious how you slipped that into this video, well played 😂
For people unfamiliar with UK politics as me: Liz Truss was the prime minister of the UK between September and October 2022. More information on en.wikipedia.org/wiki/Liz_Truss
That’s why the most important factor to invest is in “which company” if the company is solid, well managed, and keep returning. Doesn’t matter the if it’s on highs or low, keep investing as usual, no more no less but as you would. In a decade you win ♥️ thank you for the video
But if the company is obviously so well managed, other investors will already have bid the price up to reflect its superiority. You end up paying more for each dollar of earnings. In an efficient market, there should be no advantage in buying a good quality company versus a crappy one. Risk-adjusted returns should be the same.
Wanted to say thank you for demystifying a stocks and shares isa for me. I now have a modest but growing portfolio. Focusing on long term growth on T212 platform with vanguard ETFs. Here’s to the next all time highs 🥂
Been watching your videos for a year and a half now, think your content is brilliant. Get started and keep investing for the next 10-20 years is the lesson I’m learning!
I just keep buying regardless of whats happening in the market. I wont start withdrawing any of it for the next 10 years earliest so it happy to ride out the highs and the lows.
I've been watching your videos for about 6 months now and it's kick-started a lot of my interest in personal finance and helping me make more informed decisions with investing, and I'm very grateful for that. But I'd never expected the last two videos to include Art Attack, the NES Tetris community and a Carpenter Brut track. You're a man after my own heart 😅
The same people have been saying the stock market is going to crash ever since the last crash, and they will continue to do so until it happens so that they can say "I told you so" and suck more folks into their world. I think of each time I invest as a chunk. Each chunk has its own entry price and is in one of three states: loss, even, or profit. The more chunks you have from drip feeding at regular intervals (i.e. currency cost averaging), the fewer chunks will be in a state of loss after a correction. Sure, it is scary when the market corrects, but the longer you have been doing it the less impact it has in real terms, and you can look at all the chunks that are still in profit and say, you know what, if I wait long enough the chunks in the loss state will be in profit and meanwhile my future chunks are getting a great discount and likely to get into profit faster. Have a strategy, write it down, understand it, and stick to it. If you have already worked out what you are going to do when the market inevitably corrects, maybe tomorrow, or next year, or in five years, you will already be mentally prepared to stick to your strategy.
Only recently started my journey. Obviously had doubts and been cautious, but rational thinking such as this have convinced me it’s the right thing to be doing, so thank you for that.
There was also a simulation saying lump sum investment has a 69% chance to beat DCA, even if the lump sum is invested at an ATH. Timing the market does not work, and any risk-smoothing strategy (like DCA) will be at the expense of mean return.
i wonder if someone ever made a graph showing what would be the return of investments if someone would be investing “semi-regularly “ which would happen to be ONLY when stock market was ATH. What would be the return then over 5-10-15-20 years? That would give people the idea what the return would be like if someone is as unlucky as possible.
Thank you for this video. Thinking the market is too high is always a major fear when investing and your video just helps to prove it wrong. Not only by words but by presenting facts. Thank you
This Damien is an incredible video. I've wathced lots of your videos but never felt compelled to comment, but the sheer quality of this video, the anecdotes paired with empirical evidence, really really impressed me. To think you give all of this away for free is extraordinary. I can't wait for you to hit 200k subscribers, and as you know, once you get there compound will help you reach new heights, but the quality of this video deserves sooooo much more kudos than many influencers who peddle rubbish to their millions of subscribers. While I knew this to be true, and why you should 'Spend time in the market, don't try to time the market', it was great to get the evidence that backs it up so that it feels easier to resist the temptation to get out when Covid-19, Ukraine, GFC or other things happen, and just trust the process. Well done Damien - what a hero you are for creating all this content for free!
This a really usefull video, 7:50 your points about not buying if it’s dropping is very valid , it’s the same with not buying when it’s high. I just consistently invest on the 5th of every month and see my money grow, or maybe fall, but overall I hope it will grow over 30 years when I will need it
This is a great summation. I’ve always struggled to get my head around the concept of ‘worry because it is at an all-time high’. There is no ‘final’ high because we don’t have an end point.
Next question - if one has a lump sum to invest, should you invest it now (at all-time high) or spread it out (dollar cost averaging)? I'm grappling with this dilemma..
Get a good paid for VPN that allows you to set your exit node country, or if you are tech savvy you can use TOR and set the exit node code in the config file.
What a cracking video! With content like this it's no wonder you'll be hitting 200k subs in the next month or so. How mad, I remember telling you how excited I was for you hitting 50k subs. Proud of you bro, well done. 🎉
What if you pull median time of fund staying at all time high and use that to decide when to pull back insyead of switching as soon as it reaches all time high? That seem like strategy that would perform better than switch but it might not be. Also 100 years doesnt seem that representative of the period given how much technology changed how many people actually invest and hiw they doing it.
thanks again for your hard work damien love it. filled 4 isa years and 25% into this years ISA. Still not made a move on a first buy to let. have you put any investments into a buy to let property or are you happy just filling out the ISA? Considering a first property investment, but i hear about the problems it might have! dealing with "people"
Great video 👍🏻 just a quick question, does the uncertainty with the petro dollar make you nervous for investing in American funds? I personally am feeling rather nervous after hearing Saudi Arabia didn’t renew first time in 50 years should we be cautious because of the BRICS nations?
Dividends are largely irrelevant unless you are using them as income. If a stock goes up by 4% and the dividend is 2% then the stock goes up by 2%. If there is no dividend then the stock goes up by 4%. If you are reinvesting dividends then all you are doing is adding another fee into the mix. Dividends just give the illusion of better profits because you see them come in. Just my thoughts.
@@FirstMM Mathematically I think you are correct…. Psychologically and behaviourally I think that’s not quite right…. it’s a bit like the David Ramsay debt snowball … it may be mathematically incorrect to not pay off the highest interest first …. But from a behavioural perspective the quicker wins makes it a successful approach
I have a question. I have 500k usd in cash right now. How would you invest in etf with this amount. I was thinking to put 10000 usd a month n keep the rest in money markets. When thr stock market tanks, wait for the drop and start putting in more aggressively.
Thanks as always for your videos. I wonder is the question correct/complete: "Should You Buy Index Funds at All-Time Highs?" They say the answer you get depends on the question you ask. Can there be a right answer for all...? In general, get the cash in sooner than later, but if the historical facts are right, there are better entry points as sure enough the S&P could climb higher, but such highs based on forward p/e have not been sustained in the past. Maybe this time it'll be different... But also using the phrase "maybe this time it'll be different", history also shows that over time markets only go one way. So if time is on your side, start investing as soon as you can and maybe now is as good an entry point as any... But for other of us, maybe biding time is a decent option and getting 5% in a money market fund...
So now this video is 4 months old, are ETF's still at an all time high, higher than they were when this video was made or have they dropped back a bit?
I would certainly hope so, especially with the abnormally huge concentration in a few stocks. If the US tanks for 10 years or so (As it cyclically does) then it's fine if you're 30, not so fine if you're 60.
@@shaunfletcher7620When was the last time the US took 10 years to recover? It won’t happen…Ramin on Pensioncraft showed that markets recover usually within 2 years
You are bang on the money!! Thank you so much for this video!!The timing is perfect!! I'm in a similar position to you atm with ETFs and i'm new to investing. Also, I love your comical comparisons and the graphs and charts!!! Thanks again, easy to understand and useful!!
Really enjoyed this one! As for me, I'm all in through thick and thin! I think the S&P is just getting warmed up. 10 years ago it was around the 2000 mark!
You keep knocking it out of the park with these videos mate. Honestly never seen market concepts so nicely crafted into stories we all can relate to. Hats off to you!
Great video, as a regular investor to global ETFs it is a timely reminder not to try predict or change course due to the markets running hot and just stick to the long term plan. This video certainly helped!
Get my free index fund cheat sheet: financialinterest.com/index-fund-cheat-sheet/ - a shortlist of the most popular funds on major brokers.
Quesion? When you put 10% growth after an all-time high, was that accounting for inflation?
The ending edit of this video was a bit good.
Do you have a referral for Dodl? I was thinking of moving my Cash LISA to them as a Share LISA
Can you do Fidelity? No one on RUclips seems to put much out about them in the UK.
Watching in my 40s... And only just starting I feel so behind!
Gotta start somewhere
Keep going mate I started at 31... was in 13K debt and living in my overdraft. I'm now debt free have a 45K emergency fund. 55K saving pot and just surpassed 500K. My portfolio is roughly Index funds, ETFs and individual stocks... I am almost 33 now!
which companies would you recommend or where should I invest a hundred K to get the best returns right off the bat? I have just opened a Vanguard account and its my first time investing I have just started off low and I am depositing 20% of my monthly salary I am scared because I don't know what to do now :D
I lost a lot chasing individual stocks and I feel pretty stupid for not understanding how investing works. I have a double major in economics but I’ve been trying to make sense of the market. Well done on profits!
Keep it simple, buy things you understand, take some risk but don't try to shoot the lights out. Talk to a CFA if you really aren't sure. I am with *Lina Dineikiene* .I conservatively follow her recommendations and guidance on market entry and exit points, and tbh this approach makes investing fairly simple and worthwhile. I am convinced it's not just hard work but smart work :-)
Time in the market beats timing the market
Yes, Kenneth Fisher quote. But, this is dependent on your age, timeline horizon and market level/knowledge.
I agree with the guy above if you’re 60 expecting to retire soon then it’s better not to but if you’re in your early 20s and saving for 40s then you have the time to play long game
I agree with this but not looking forward to those 18 month to several year periods of negative values 😂 after some fiscal event. But stay the course to the next high!!
Normally time beats timing but not in AI bubble. You all blink as always and want belive in paradise 😅😅 you needs to back to history 2000, 2008 , 1987
The "time in the market" quote applies less when your investments are concentrated in tech stocks that don't pay a dividend.
Call it mad, but that montage at the end was actually very uplifting.
Thanks for rekindling my desire to believe in humanity and its abilities again.
Exactly what I was going for, nice to remind ourselves that humans are pretty amazing.
Absolutely loved it.
spot on !
Right!?!?
Goosebumps bro. Goosebumps.
I just keep buying whenever I have spare cash no matter what.
Exactly. Doesn't make a difference especially if you're going to invest for next 10 plus years. I just buy in with every pay check regardless of price.
This is the way
Ditto
100%
Good boy, good 🎉
This is such a genuinely brilliant video. I found the info really useful, but even if I disagreed, critically the setup, editing, theme and quotes, it's the best thing i've seen on youtube this year. Thanks for your effort to make great quality videos, it is valued.
It’s not “advice” 😜
Thank you for the lovely feedback! I spend far too long thinking about things like theme and story so it’s music to my ears to hear you enjoy those elements.
It's really good :)
@@DamienTalksMoney Your content is so engaging. I have just started my investment journey and cannot thank you enough for all the effort you put in and content that you put out.
I remember buying my first Index Fund in April 2022. It dropped in June. I bought more every month and managed to even out my losses, that then turned into gains as the months went by.
Now up 22% over two years.
Consistency is key.
Would you recommend throwing a lump sum instead of every month.I guess the same would happen?
@@alwayslearning7672monthly investing is better, dollar cost averaging
@@alwayslearning7672I recommend looking into dollar cost averaging (the act of investing little and often). It is generally preferable as it helps balance out the peaks and troughs of the market.
@@alwayslearning7672 if you have a large sum of cash, it's better to invest it - time in the market is better than timing the market. Most people don't have it and just buy in with a portion of their paycheck every fortnight or month. Obviously don't go all in, you still need 6-12 months expenses in cash so you can handle emergencies without the need withdraw funds, especially if the emergency coincides with a down turn in the markets.
@@alwayslearning7672 Have a read up on dollar cost averaging
The s+p 500 has been at all time highs for approx 20% of it's life. Not too many people that have invested along the way would regret it, even if there timing was so bad they only ever got in on the highs
Buy and hold for life
Best investment I ever made
I think it was Branson who once said 'If you can't explain something on the back of an envelope, it's rubbish' and this video encapsulates that perfectly, Damo.
Your ability to take fairly complex information and deliver it in a understandable, sympathetic and well-edited way is reason why after a number of years I still watch (and invest!)
Keep up the great work mate - it's much appreciated.
(If you have the funds)
Best thing is to lump sum a large amount into your ISA beginning of each tax year, then DCA rest of the year to mitigate crash risks.
What is DCA?
@@eus9 Dollar Cost Average. Pound Cost Average would be more accurate for UK though.
im going to interrupt the scripted scam bot responses :)
@@nljms5421 I'm not a bot, I genuinely didn't know what DCA was
@@nljms5421 Hero
Yes!
Every year or month or even week things are at an all time high. How else would the market otherwise grow over time: it grows bigger (peak) then previously
Buy buy buy. Hold hold hold
You've set the bar high with this video Damo, you're going to need a longer pole for future content.
I’m so tempted to crack a joke about the length of my pole here but I won’t.
@@DamienTalksMoney
Knew it!!🤣🤣
@@DamienTalksMoney - Was a really good one, fun watch but got those serious points across!
Have you found a few extra centimetres lately?
Yes yes and yes is the answer. Dollar cost averaging every time you get paid is a sensible thing to do.
How does that work ? I keep hearing DCA but, I don't understand how it works.
@@PrettyGoodLookinIt means that rather than specifically trying to invest a ton of money when the stock dips, you just invest a small amount on a regular basis (monthly for example). Sometimes you will buy when it's high, sometimes when it's low, but on average you will be spending an average price, without all of the mental strain of debating when to buy and then the regret if the price drops right after you buy.
@@charliebartlett5768 ok. ty
@@charliebartlett5768 ok. ty
Pensioncraft did an analysis of DCA and concluded that it usually doesn't beat lump sum investing.
That RBC research @4:00 isn't wrong, but it's a bit misleading imho. When you adjust for inflation (ie, measure prices in real terms), the SP500 was in drawdown for nearly 20 years between 1970 and 1990. It took two decades to get back to your starting point, even after reinvesting all dividends. 2000-2010 was also brutal. And their chart also doesn't rule out periods of long, drawn-out, sideways movement which aren't uncommon. As equity investors, we earn an excess return because there's a non-zero chance we might never get our money back. Too many people don't understand this.
Exactly. The 'time in the market' advice is likely correct much of the time, but not where markets are in bubble territory like they may be now. It's not just at all time highs, but an extended bull run with narrow leadership, with a high Shiller PE ratio. After 2000 many lost everything - the SP500 lost 50% and took a decade to recover, the Nasdaq lost 75% and took 15 years to recover. Just dumping money into the market without assessing the situation is unwise.
@@atomicfly777 the shiller PE has signalled the S&P is overvalued for a long while now. In the mean time the market has delivered insane results.
@@DamienTalksMoney which led to shiller PE being even higher today. Chance investors are worried about potential buble. But as Keynes once said "Markets can remain irrational longer than you can remain solvent".
I think each undecided investor should seek the answer to this question: Investing at all time highs with infalted P/E or sitting on the sidelines with cash, which of these approaches is more risky for my future expected returns?
Answering this question correctly will lead to making correct decision. But the correct decision is not the guarantee of good outcome in investing.
@@pistopit7142 RN u get 5% annual sitting in TBIL with barely no risk.
If you want to lumpsum right now. by thinking market will remain irrational. and snp500 will double up from this ATH and we will get another 10 years bullrun after 14years of bullrun..
this is very less likely. and more likely you will sit on a loss 5 years / 10 years recovery.
people who buy on crash(fear) and sell on peaks always win at the end.
Sit on TBIL.
Federal reserve will drop rate only when shit will hit the fan so the market correction will be there.. they just need a catalyst to turn the sentiment. 2001 was dot cum bubble.
2024-2025 is the IA BUBBLE.
@@atomicfly777 The only people who lost everything after 2000 were those who weren't diversified. That's not a market timing problem. That's a diversification problem. People who were diversified recovered.
Also, I'm not sure it makes sense to adjust for inflation to begin with. The alternative for people sitting on the sidelines isn't returns matching inflation (albeit I suppose you could invest in inflation adjusted T-Bills but then you suffer interest rate risk)? For most people sitting on the sidelines because they are fearing a market downturn the alternative is the interest on their savings account or a short term CD rate.
I don't know if I agree with this analysis. All time highs in the stock market don't mean that much when money creation and central banks balance sheet expansion also are at all time highs. I think it is better to relate stock market indices to money supply or global GDP (which is basically M2 money supply x velocity of M2). If you correct a stock market index for nominal GDP you'll get a sideways trending data series. Then you can work out if the stock market index is in a certain percentile. Currently the MSCI World Index is in its top 17th percentile.
You could also use the CAPE-ratio.
Yes and dodgy accounting - buybacks etc as well.
Not only, that excellent, well structured video, but a real eye-opener: very few videos let you sit down and let you to think…
When I hesitate to invest during an “all time high” market I ask myself the question “would I sell my ETFs during all time high to wait for prices to crash?” The answer is always no , which means I should invest regardless of what the market is doing.
I watched this yesterday but came back to watch it again today. This is probably the single best video you have made. Brilliant!
Same I’m watching again haha
When I first starting watching your channel the S&P was £57, that was during lock down granted but still.
You’re really giving solid advice, keep it coming fella .
Mad really that seems like yesterday!
This is possibly the best put together episode you have ever done from production point of view. Story telling goes long way and with the frame you applied to is great and will be remembered.
Of course, all data and insight you brought in as always is great!
Well done and thank you for the episode!
Very pertinent for me this one. Started investing again recently and hold mainly VUSA. Made a lump sum deposit and have been drip feeding it into VUSA while the remainder earns daily interest on T212. Going to continue with that approach for now.
"Threats of nuclear war, famine, oil prices, Liz Truss" 😂😂😂
Honestly she did more damage to the Uk economy than any of the others have recently.
@@DamienTalksMoney Oh believe me I know! What kind of took me by surprise is how easy it was for someone as mad as her to get into the highest position in the country and then how easy it was for her to be able to do what she did without anyone stopping her! I mean, could she have pressed the nuclear button so easily as well?!
But it was hilarious how you slipped that into this video, well played 😂
Hey. She opened up new pork markets 🐷
Farage supported her neoliberal crap, too.
For people unfamiliar with UK politics as me: Liz Truss was the prime minister of the UK between September and October 2022. More information on en.wikipedia.org/wiki/Liz_Truss
Been watching for a while but the editing, messaging and print of this video was particularly good. Cheers!
That’s why the most important factor to invest is in “which company” if the company is solid, well managed, and keep returning. Doesn’t matter the if it’s on highs or low, keep investing as usual, no more no less but as you would. In a decade you win ♥️ thank you for the video
But if the company is obviously so well managed, other investors will already have bid the price up to reflect its superiority. You end up paying more for each dollar of earnings. In an efficient market, there should be no advantage in buying a good quality company versus a crappy one. Risk-adjusted returns should be the same.
Great analogy for 'timing the market'.
The ending was a perfect finisher for the video!
Wanted to say thank you for demystifying a stocks and shares isa for me. I now have a modest but growing portfolio. Focusing on long term growth on T212 platform with vanguard ETFs. Here’s to the next all time highs 🥂
Probably the best finance related video I've seen in recent memory. Thank you.
Bubka: great example! Very clear explanations!
Then Duplantis!
I appreciate how positive the video is. The ending was perfect
Been watching your videos for a year and a half now, think your content is brilliant. Get started and keep investing for the next 10-20 years is the lesson I’m learning!
I just keep buying regardless of whats happening in the market. I wont start withdrawing any of it for the next 10 years earliest so it happy to ride out the highs and the lows.
Thanks Damien, really interesting video. What was the tetris documentary called??
Excellent vid, I invest in etfs with the expectation that they rise over time so must not then let that rise unsettle me.
I've been watching your videos for about 6 months now and it's kick-started a lot of my interest in personal finance and helping me make more informed decisions with investing, and I'm very grateful for that. But I'd never expected the last two videos to include Art Attack, the NES Tetris community and a Carpenter Brut track. You're a man after my own heart 😅
The same people have been saying the stock market is going to crash ever since the last crash, and they will continue to do so until it happens so that they can say "I told you so" and suck more folks into their world. I think of each time I invest as a chunk. Each chunk has its own entry price and is in one of three states: loss, even, or profit. The more chunks you have from drip feeding at regular intervals (i.e. currency cost averaging), the fewer chunks will be in a state of loss after a correction. Sure, it is scary when the market corrects, but the longer you have been doing it the less impact it has in real terms, and you can look at all the chunks that are still in profit and say, you know what, if I wait long enough the chunks in the loss state will be in profit and meanwhile my future chunks are getting a great discount and likely to get into profit faster. Have a strategy, write it down, understand it, and stick to it. If you have already worked out what you are going to do when the market inevitably corrects, maybe tomorrow, or next year, or in five years, you will already be mentally prepared to stick to your strategy.
You're an amazing storyteller. Don't ever change.
Thank you!
Good vid, thoughts on putting a lump sum into a uk stocks and shares ISA? Happy for it to just sit there for years tbh
Love this video for the aesthetic as well as the content. The ending was awesome! I'm looking forward to your next video.
Dear Damien, please can you share your view on a couple of European index ETFs and your view on them? Thanks
Did anyone else see this as two videos in one? Trusting time in the markets and realising we miss the 1980's. Keep doing what you do Damien 👍
Only recently started my journey. Obviously had doubts and been cautious, but rational thinking such as this have convinced me it’s the right thing to be doing, so thank you for that.
Buy and hold buy and hold. Or world is going to total shit and nobodies money is worth anything. In either case life is very interesting!
The outro was 10/10. Thanks for the great video!
There was also a simulation saying lump sum investment has a 69% chance to beat DCA, even if the lump sum is invested at an ATH. Timing the market does not work, and any risk-smoothing strategy (like DCA) will be at the expense of mean return.
i wonder if someone ever made a graph showing what would be the return of investments if someone would be investing “semi-regularly “ which would happen to be ONLY when stock market was ATH.
What would be the return then over 5-10-15-20 years?
That would give people the idea what the return would be like if someone is as unlucky as possible.
It's more about the pe ratio, can you make a video on returns from investing at low vs high pe ratios
Thank you for this video. Thinking the market is too high is always a major fear when investing and your video just helps to prove it wrong. Not only by words but by presenting facts. Thank you
Thank you, I needed to hear this
When everyone is selling to stockpile cash - isn't this the best time to buy>?
This Damien is an incredible video. I've wathced lots of your videos but never felt compelled to comment, but the sheer quality of this video, the anecdotes paired with empirical evidence, really really impressed me. To think you give all of this away for free is extraordinary. I can't wait for you to hit 200k subscribers, and as you know, once you get there compound will help you reach new heights, but the quality of this video deserves sooooo much more kudos than many influencers who peddle rubbish to their millions of subscribers. While I knew this to be true, and why you should 'Spend time in the market, don't try to time the market', it was great to get the evidence that backs it up so that it feels easier to resist the temptation to get out when Covid-19, Ukraine, GFC or other things happen, and just trust the process. Well done Damien - what a hero you are for creating all this content for free!
Fantastic video, very well done. Loved the bit at the end, but great concept executed flawlessly.
I'm really jealous!
I now understand the expression "raising the bar". Cheers
I love the retro vibe, an interesting comparison using sports and stocks. Analogies are rife with holes but I really enjoyed this vid
I have been wondering this question for a couple of months. Thanks Damo
You are very good. The perfect blend of entertaining and informative.
Thank you very much
Hi Damien, do you have an opinion on the BRIC currency/ countries and how this may affect future markets/index funds?
This a really usefull video, 7:50 your points about not buying if it’s dropping is very valid , it’s the same with not buying when it’s high.
I just consistently invest on the 5th of every month and see my money grow, or maybe fall, but overall I hope it will grow over 30 years when I will need it
This is a great summation. I’ve always struggled to get my head around the concept of ‘worry because it is at an all-time high’. There is no ‘final’ high because we don’t have an end point.
This is very inspiring video for ETF investors. Well done Damien 👏🏻
I always watch this for more inspiration Damien, thank you and never remove this video!
Everything about this video was top notch. Great writing and analogies!
Thank you
This was the video I needed for motivation since today the market is down. Good video👍
Great video, one of bests i've ever seen on the topic so complex.
Next question - if one has a lump sum to invest, should you invest it now (at all-time high) or spread it out (dollar cost averaging)?
I'm grappling with this dilemma..
I am expat. Trading platforms like trading 212 won’t let me access from my “region”
Any suggestions of alternatives?
Thanks
Get a good paid for VPN that allows you to set your exit node country, or if you are tech savvy you can use TOR and set the exit node code in the config file.
What a cracking video! With content like this it's no wonder you'll be hitting 200k subs in the next month or so. How mad, I remember telling you how excited I was for you hitting 50k subs. Proud of you bro, well done. 🎉
Insightful AND entertaining. Well done, mate.
ATH could be seen as an indicator of an uptrend. It is usually a good thing to buy into an uptrend... :D
Great analogy!
Thank you!
Ive only ever bought at all time highs somehow. Sometimes you may have to wait a few months to get into the black but you always do in the end.
Because u follow ur emotions and want to time the market. Wrong approach. Buy every month and hold and dont do anything else.
What if you pull median time of fund staying at all time high and use that to decide when to pull back insyead of switching as soon as it reaches all time high? That seem like strategy that would perform better than switch but it might not be. Also 100 years doesnt seem that representative of the period given how much technology changed how many people actually invest and hiw they doing it.
thanks again for your hard work damien love it. filled 4 isa years and 25% into this years ISA. Still not made a move on a first buy to let. have you put any investments into a buy to let property or are you happy just filling out the ISA? Considering a first property investment, but i hear about the problems it might have! dealing with "people"
Very interesting and informative video thanks. My only criticism is that it was too short!
Your videos are like a beacon of light amongst the negativity that helps drive clicks. Thank you.
Great vid as I ponder where to put dosh pre election in U.S & U.K. Thoroughly enjoy the delivery, balance and stats. Nice one Damo!
Great video 👍🏻 just a quick question, does the uncertainty with the petro dollar make you nervous for investing in American funds? I personally am feeling rather nervous after hearing Saudi Arabia didn’t renew first time in 50 years should we be cautious because of the BRICS nations?
When ABBA toured Australia, they did not transfer money back home, the purchased wheat export consignments.
good info. an all time high means a company is doing great, so actually, it makes perfect sense to invest.
Yes .. Agee with this….
Also more so when you take into account dividends
Dividends are largely irrelevant unless you are using them as income. If a stock goes up by 4% and the dividend is 2% then the stock goes up by 2%. If there is no dividend then the stock goes up by 4%. If you are reinvesting dividends then all you are doing is adding another fee into the mix. Dividends just give the illusion of better profits because you see them come in. Just my thoughts.
@@FirstMM Mathematically I think you are correct…. Psychologically and behaviourally I think that’s not quite right…. it’s a bit like the David Ramsay debt snowball … it may be mathematically incorrect to not pay off the highest interest first …. But from a behavioural perspective the quicker wins makes it a successful approach
Great vid. Just enjoyable to watch. Subbed!
One of the best videos I've seen on this specific topic
I have a question. I have 500k usd in cash right now. How would you invest in etf with this amount. I was thinking to put 10000 usd a month n keep the rest in money markets. When thr stock market tanks, wait for the drop and start putting in more aggressively.
Just got to ride the rollercoaster of the global markets through its highs and lows, which I find really exciting! Great video as always Damo!
It's like you read my mind. I can't help but see all the negativity and I'm still new to investing, it's scary. This video really helped. Cheers.
Whats the negativity? Stock market is rollercoaster its fun
Thanks as always for your videos. I wonder is the question correct/complete: "Should You Buy Index Funds at All-Time Highs?" They say the answer you get depends on the question you ask. Can there be a right answer for all...?
In general, get the cash in sooner than later, but if the historical facts are right, there are better entry points as sure enough the S&P could climb higher, but such highs based on forward p/e have not been sustained in the past. Maybe this time it'll be different...
But also using the phrase "maybe this time it'll be different", history also shows that over time markets only go one way. So if time is on your side, start investing as soon as you can and maybe now is as good an entry point as any... But for other of us, maybe biding time is a decent option and getting 5% in a money market fund...
So now this video is 4 months old, are ETF's still at an all time high, higher than they were when this video was made or have they dropped back a bit?
Damien you you need to do a video on leverage/LETFs
Very good and valid points as always! The dollar cost averaging in shall continue 📈
If your close to retirement would this affect you thoughts .
I would certainly hope so, especially with the abnormally huge concentration in a few stocks. If the US tanks for 10 years or so (As it cyclically does) then it's fine if you're 30, not so fine if you're 60.
@@shaunfletcher7620When was the last time the US took 10 years to recover? It won’t happen…Ramin on Pensioncraft showed that markets recover usually within 2 years
I know Damien's setting a new ATH with that ending! Nothing beats a proper Damien video outro - bravo!
I feel pumped after that ending 💪🏾💪🏾. You really do put out such a good balance of Stoic facts and humourous anti-FUD. Thank you!
You are bang on the money!! Thank you so much for this video!!The timing is perfect!! I'm in a similar position to you atm with ETFs and i'm new to investing.
Also, I love your comical comparisons and the graphs and charts!!!
Thanks again, easy to understand and useful!!
I just bought VOO Schg and Schd today, at all time highs 😊
Really enjoyed this one!
As for me, I'm all in through thick and thin! I think the S&P is just getting warmed up. 10 years ago it was around the 2000 mark!
Great video as always. Surprised you didn’t mention dollar cost averaging as a way to reduce high/low entry point concerns?
Damo wheres the inflation update video I expected that to have beem filmed in well in advance of todays announcement
Great analogy with the pole-vault, keep up the cracking content
Will do mate thank you for taking the time to comment
Damien, that’s your unique pure style of story telling that we love
You keep knocking it out of the park with these videos mate. Honestly never seen market concepts so nicely crafted into stories we all can relate to. Hats off to you!
Thank you mate. Love hearing you enjoy them
This may be your best video yet, you keep raising the bar! Cheers
Great video, as a regular investor to global ETFs it is a timely reminder not to try predict or change course due to the markets running hot and just stick to the long term plan.
This video certainly helped!