My portfolio doesn’t just cater to dividend stocks. I hold $VFIAX (S&P 500 index fund) in my Roth IRA and $VTI (Total Stock Market ETF) in my taxable brokerage account. Two of my largest holdings. The individual dividend stock positions all complement the index holdings.
Thats when you hire someone to manage your money. You need a (CFP) straight up! personally, I would invest in ETF's and also love investing in individual stocks.
I wholeheartedly concur; I'm 60 years old, just retired, and have about $1,250,000 in non-retirement assets. Compared to the whole value of my portfolio during the last three years, I have no debt and a very little amount of money in retirement accounts. To be completely honest, the information provided by invt-advisors can only be ignored but not neglected. Simply undertake research to choose a trustworthy one.
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Aileen Gertrude Tippy’’ for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
When taxes and fees are factored in there is no better choice than a market index for any extended period (say 10 years or more). The best analogy I can give you is the following: I am telling you BEFORE a 15 horse race starts which horse is guaranteed to finish 2nd. If one is foolish enough to say "I will ignore that advice as I think I can pick the winner" than so be it. You can make a hell of a lot of money knowing which horse finishes 2nd.
@@shubhamdixit8946 absolutely 100% not true. A market index will outperform 95%+ of equity mutual funds over any extended period (say 10+ years) when ALL fees and tax considerations (an enormous consideration) are factored in. The markets are just too efficient at pricing themselves over any length of time. If you do not understand this you simply have not done your homework and/or have not been investing long enough.
@@toddthompson3746 Let me repeat for you. The market index will always be in the top 5% of equity performance (when all fees and taxes are factored in) over any extended period. It has to - the market is just too efficient at pricing. So in reality - it's more like 2nd in a 20 horse race if the time period is long enough.
but would you have been prepared for such input in your early years? "Financial preparing" for the retirement has not been a big topic to me until I got married and had children. As well before the web & RUclips were available it was so hard to get input from these financial gurus. Today I hear it nearly daily from many different pros and this gives really good input & encouragement. Thank you Alphabet 😆.
Isn't VOO and VUG similar in the sense both are investing in the S&P 500? What is the difference? I thought it is generally advised against to invest in multiple ETFs or Mutual Funds? Are these good additions to my 250k portfolio for solid cashflow?
In terms of share price, VOO is way up (22.25%) and VUG is waaaaay up (39.62%). keep acquiring! I'd suggest you consider financial advisory at this point in time, remember you are in for the long haul
@@greekbarrios You're right, I and a few Neighbors in Bel-Air Area work with an advisor who prefers we DCA across other prospective sectors. Instead of a lump sum purchase, Following this, my portfolio grew by close to 30% in the last quarter.
@blaqueopaque I'm intrigued by this. I've searched for financial advisers online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Jennifer Leigh Hickman” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.
I’ve been making a lot of losses trying to make a perfect trading. I thought trading on a demo account was like trading the real market. Can anyone tell me a way out because I can’t go on like this and still make 2025 my best financial year ever.
I totally understand your frustration. Demo accounts can be misleading, as they don't accurately simulate real-market emotions and risk. My CFA, has helped many traders overcome similar challenges.
According to him, the key is to acknowledge that demo trading is not the same as live trading. He recommends starting with a small live account, using proper risk management techniques, and focusing on developing a trading plan that works for you.
Which investments, with a $89K portfolio, are the best to make in order to increase overall portfolio performance in the new year, given the lessening signs of inflation and the Federal Reserve's decision to halt rate hikes?
Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over $610k just in a matter of weeks/couple months, so I think there are a lot of wealth transfer in this downtime if you know where to look.
It's true that some investors employ hedging techniques or devote a portion of their portfolio to defensive stocks that perform well in down markets. These kinds of ideas can come from collaborating with market experts, as I did in 2019 during the rona outbreak. My financial advisor has recommended assets that allow me to increase my multi-million dollar portfolio by 45 percent.
massive gains! mind sharing details of your adviser pleas? i've started gaining more cash flow with my employment and looking at putting money into stocks and alternative assets that can help fuel my money goal
She goes by ‘’Bella Mia Darmon’ I suggest you look her up. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.
I wonder what if my dad invested $3000 a year in SP500 since I was 8 years old (I'm now 52). There would be millions now! But guess what... my son is 8 now. It's never too late.
You can never say never to opportunity like S&P 500 ETFs, VOO which is up. I’m being instructed by an intelligent investor to buy more anytime it drops, cashing up along the way on every moves, also incorporating new stocks.
Stocks is not only about anticipating moves based off trends but anticipating through participating behind real top performers and attain how they execute perfectly. coach Frost hilda take good care of my holdings giving me an edge to successful interest.
l've been getting suggestions to use a proper enlightened top tier, please help, I will settle for a similar term just to ensure I get it right this time.
I've had majority of my holdings in ETFs, tech stocks and I've had 65% increase in my portfolio, especially with Nvidia P/E (price to earnings ratio) adding few others, Feel free to use my steps and construct your approach.
Thankfully, every 401k plan I've had (5 total) have all had index funds as available options. However, I'd prefer to see _only_ index funds, as Charlie points out.
The worst investment advice I ever got was when I left first job, I pulled the money out and put it in an IRA. The guy at the brokerage recommended I put my money into one of these target funds. Talk about a dog. Sure its very diverse with holdings all over the map including some bonds but for years it returned about half of what the S&P returned. And most disappointing, when the market sank, it did so as well so it didn't even seem like it offered much in the way of safety. I wasnt that old either, so the bond portion should have been pretty small. I was about 40 at the time. I pulled out of that a long time ago and now most of my money has been in etf's. FBCG, MGK, QQQ, and QTEC
I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for.
What "crisis"? The bull market has been churning for three years now. The SP 500 stars in my portfolio. Gasoline in CA is always high so we drive less. Food? We cook at home and cut cable and brew our own coffee. Only 54? Stop worrying about Trump and start living.
Charlie you were among very few people born on 1st of the month and very confident or having extreme confidence and still very successful. I have seen people making bad choices even blunders who have had very high confidence levels in them many belong to the generation born before 1950s.😊👍🙏✌️❤️💜. Is it luck factor also? May be warren Buffett might have answers to it.
if we consider the annualized return in recent 10 years span, even the sequoia fund was behind S&P 500. the since inception advantage edge of sequoia over S&P500 is based on the early success and compound effect when the information was not the efficient as in modern days. so ordinary people should really just buy VOO and holds.
Investing in a broad index like this offers diversification and reduces the risk of picking individual stocks. It’s a smart, straightforward approach for most investors, who do not have a time to do a deep research and sacrifice quite time for the stock picking.
I think this channel is a great source for people to focus on investing psychology and mindset, I loved it, however I think instead of S&P 500 or VOO, a better index would have been VT or VTI for that matter, it is more diversified and having thousands of stocks spread across equally by market cap weight. Large cap or the S&P 500 isn't representative of the market as a whole.
I think you can beat the SP index, but it's a great place to start if you know little about investing. Tt's more relevant than the Dow and less volatile than the Nasdaq.
Hindsight is easy. Forsight not so much. There is a mountain of statistical evidence that shows around 90% of actively managed portfolios will underperform the S&P 500 over every ten-year period. When you factor in fees, expenses and taxes those numbers get even worse.
Sadly our history the way we invest will be changing ,why ? The CEO and BOD are woke and no longer put the owners interst 1st. Also our country has never been to far in debt 35 trillion dollars with 21 trillion dollars in the m2 money supply . Past investing principals may not apply the same in the future.😢 IMHO
Thats something called RISK. Do you really trust that bitcoin will continue to do better than the S&P 500 in the next 30 years? 1 is the top 500 companies in america, while the other is just a single cyptocurrency which are known for high risk. You CANNOT count on bitcoin to continue outperforming the S&P 500.
@@kelvinpang438 it's the top 500 public companies vs a currency rising and crashing constantly over a decade. i'll take the sp500 long term. can make some good returns on bitcoin short term but i don't think it is going to have a 10 trillion market cap like people are predicting.
Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got to talking about investment and money. I started investing with $150k and in the first 2 months, my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and get more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family.
Because Munger & Buffet are not the average investors, they're the All-Star of investors. His advice is for the average investors so they don't lose their small amounts they can afford to invest or (even worse) their lifetime savings.
They stand to gain nothing. Neither do those who buy Berkshire stock. Charlie and Warren have long stated a 500 index is the best way to go for the average investor. The market to day is vastly different now than 50+ yrs ago. Far more speculation now than actual investing thru hard numbers and facts.
@@osu122975 Actually they say those are the best for unsophisticated and ignorant emotional investors. Plus they cover and protect their positions. They utilize options to hedge their bets, for short term volatility and income plays. They care less about what the market is doing on their few personal positions since they have done their research. Now once again that takes years of options experience and years of researching companies. Its the hardest easiest job in my opinion.
HAHAHA…..Munger is yesterday’s man. I certainly ( 20 years ago) followed The sage of Omaha, and got so so results. NOW the S&P is driven by a handful of stocks, so NO following the S&P, is NOT the best way to grow your portfolio. I get 35/40 % annually, by focusing on the top growth S&P stocks….
@@charlesromney if he has believed what he said, how would have invested directly and only to SP500 but he just invests in certain stocks and has only 25 stocks in his portfolio.
That’s way too short of a time horizon. Anyone can have a period like that in their investing journey. Even then, was it skill? Or was it luck? I would personally lean towards the latter.
@Pantomime0709 I just started investing 7 months ago. Idc if it's too short. I use an excel algorithm to detect entry points on trades. Minimizes risk and optimizes potential returns. Uses calculus. I'm more of a quant trader (math major) How do you know if its skill or luck or both? You don't even have data to prove such a claim. Use logic, not feelings.
@@alanaldpal950 so you’re putting an entire industry’s future outcome based on one bad actor? You think other industries don’t have bad actors? Also, Bitcoin is up 149% YTD and we are not even in a bull market. 2024 will be an epic year for crypto.
@@spencersgarage OK spunky… I guess crypto is fool proof and only ever goes up? You cherry pick talking about the good ones only and not the bad ones. Good luck, but I hope you don’t have all your eggs in one basket 🧺
When people buy, you sell, when people sell, you buy, that's Warren and Charlie style. Now everybody think S&P 500 Index is the lazy way to earn big buck$. you could guess where i would be going.
For billionaires, Gold and the S&P 500 are wealth preservation vehicles They might keep you ahead of inflation, by a couple of percent Bitcoin doesn't beat the S&P. It makes it irrelevant. Up over 150% this year And this is just the beginning
Lol. BTC is turd. Comparing gold to s&p500 is a joke. One compounds while the other is just a rock. Comparing gold to digital gold like btc makes more sense. Both are non generative and doesnt pack itself to anything. Buying btc is a complete waste of time. The speculative nature of cryptocurrencies will bankrupt anyone in a pump and dump situation.
My portfolio doesn’t just cater to dividend stocks. I hold $VFIAX (S&P 500 index fund) in my Roth IRA and $VTI (Total Stock Market ETF) in my taxable brokerage account. Two of my largest holdings. The individual dividend stock positions all complement the index holdings.
Thats when you hire someone to manage your money. You need a (CFP) straight up! personally, I would invest in ETF's and also love investing in individual stocks.
I wholeheartedly concur; I'm 60 years old, just retired, and have about $1,250,000 in non-retirement assets. Compared to the whole value of my portfolio during the last three years, I have no debt and a very little amount of money in retirement accounts. To be completely honest, the information provided by invt-advisors can only be ignored but not neglected. Simply undertake research to choose a trustworthy one.
That's fascinating. How can I contact your Asset-coach as my portfolio is dwindling?
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Aileen Gertrude Tippy’’ for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon.
When taxes and fees are factored in there is no better choice than a market index for any extended period (say 10 years or more). The best analogy I can give you is the following: I am telling you BEFORE a 15 horse race starts which horse is guaranteed to finish 2nd. If one is foolish enough to say "I will ignore that advice as I think I can pick the winner" than so be it. You can make a hell of a lot of money knowing which horse finishes 2nd.
What a fantastic analogy
Problem is actually its not 2 nd best horse but 7th or 8th best horse
@@shubhamdixit8946 absolutely 100% not true. A market index will outperform 95%+ of equity mutual funds over any extended period (say 10+ years) when ALL fees and tax considerations (an enormous consideration) are factored in. The markets are just too efficient at pricing themselves over any length of time. If you do not understand this you simply have not done your homework and/or have not been investing long enough.
If it’s 7 or 8, then it’s a race where 15th stills works well, and above average-but 2nd it is.
@@toddthompson3746 Let me repeat for you. The market index will always be in the top 5% of equity performance (when all fees and taxes are factored in) over any extended period. It has to - the market is just too efficient at pricing. So in reality - it's more like 2nd in a 20 horse race if the time period is long enough.
If only I had come across Charlie 30 years ago my life would have been so much different.
Thanks for posting
He was around 30 years ago. I know it's hard to believe but he was actually pretty old when this was filmed.
but would you have been prepared for such input in your early years?
"Financial preparing" for the retirement has not been a big topic to me until I got married and had children.
As well before the web & RUclips were available it was so hard to get input from these financial gurus. Today I hear it nearly daily from many different pros and this gives really good input & encouragement. Thank you Alphabet 😆.
Isn't VOO and VUG similar in the sense both are investing in the S&P 500? What is the difference? I thought it is generally advised against to invest in multiple ETFs or Mutual Funds? Are these good additions to my 250k portfolio for solid cashflow?
In terms of share price, VOO is way up (22.25%) and VUG is waaaaay up (39.62%). keep acquiring! I'd suggest you consider financial advisory at this point in time, remember you are in for the long haul
@@greekbarrios You're right, I and a few Neighbors in Bel-Air Area work with an advisor who prefers we DCA across other prospective sectors. Instead of a lump sum purchase, Following this, my portfolio grew by close to 30% in the last quarter.
@blaqueopaque I'm intrigued by this. I've searched for financial advisers online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Jennifer Leigh Hickman” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.
Wow, her track record looks really good from what I found online. I'll take a chance and see how it goes. Thanks for the info.
I’ve been making a lot of losses trying to make a perfect trading. I thought trading on a demo account was like trading the real market. Can anyone tell me a way out because I can’t go on like this and still make 2025 my best financial year ever.
I totally understand your frustration. Demo accounts can be misleading, as they don't accurately simulate real-market emotions and risk. My CFA, has helped many traders overcome similar challenges.
What's their advice on transitioning from demo to live trading?
According to him, the key is to acknowledge that demo trading is not the same as live trading. He recommends starting with a small live account, using proper risk management techniques, and focusing on developing a trading plan that works for you.
Who’s this CFA? And how can I reach out to him?
JOSEPH NICK CAHILL
Which investments, with a $89K portfolio, are the best to make in order to increase overall portfolio performance in the new year, given the lessening signs of inflation and the Federal Reserve's decision to halt rate hikes?
Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over $610k just in a matter of weeks/couple months, so I think there are a lot of wealth transfer in this downtime if you know where to look.
It's true that some investors employ hedging techniques or devote a portion of their portfolio to defensive stocks that perform well in down markets. These kinds of ideas can come from collaborating with market experts, as I did in 2019 during the rona outbreak. My financial advisor has recommended assets that allow me to increase my multi-million dollar portfolio by 45 percent.
massive gains! mind sharing details of your adviser pleas? i've started gaining more cash flow with my employment and looking at putting money into stocks and alternative assets that can help fuel my money goal
She goes by ‘’Bella Mia Darmon’ I suggest you look her up. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.
I Found her website and left a mail after searching her name online. Hopefully she answers soon.
Charlie was a rock ⭐ star!
I wonder what if my dad invested $3000 a year in SP500 since I was 8 years old (I'm now 52). There would be millions now! But guess what... my son is 8 now. It's never too late.
Do it for your son and even more importantly teach him how to continue to build wealth for himself and his future children
beautiful 👍
You can never say never to opportunity like S&P 500 ETFs, VOO which is up. I’m being instructed by an intelligent investor to buy more anytime it drops, cashing up along the way on every moves, also incorporating new stocks.
SPY, IVV, VOO, VTI hitting the scene so far. These ETF's doing just fine.
Stocks is not only about anticipating moves based off trends but anticipating through participating behind real top performers and attain how they execute perfectly.
coach Frost hilda take good care of my holdings giving me an edge to successful interest.
l've been getting suggestions to use a proper enlightened top tier, please help, I will settle for a similar term just to ensure I get it right this time.
I just opened a fidelity individual account, what should I buy?
I've had majority of my holdings in ETFs, tech stocks and I've had 65% increase in my portfolio, especially with Nvidia P/E (price to earnings ratio) adding few others, Feel free to use my steps and construct your approach.
He never actually mentioned the S&P 500.
Thankfully, every 401k plan I've had (5 total) have all had index funds as available options. However, I'd prefer to see _only_ index funds, as Charlie points out.
The worst investment advice I ever got was when I left first job, I pulled the money out and put it in an IRA. The guy at the brokerage recommended I put my money into one of these target funds. Talk about a dog. Sure its very diverse with holdings all over the map including some bonds but for years it returned about half of what the S&P returned. And most disappointing, when the market sank, it did so as well so it didn't even seem like it offered much in the way of safety. I wasnt that old either, so the bond portion should have been pretty small. I was about 40 at the time. I pulled out of that a long time ago and now most of my money has been in etf's. FBCG, MGK, QQQ, and QTEC
Becky Quick is a beautiful as ever! And I don't think I've seen her in years. I wonder how she does that? 🤔
I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for.
@BrendaAskew That's actually quite impressive, I could use some Info on your FA, I am looking to make a change on my finances this year as well
@BrendaAskew I will give this a look, thanks a bunch for sharing.
What "crisis"? The bull market has been churning for three years now. The SP 500 stars in my portfolio. Gasoline in CA is always high so we drive less. Food? We cook at home and cut cable and brew our own coffee. Only 54? Stop worrying about Trump and start living.
Don’t worry, gas prices can never exceed $9.99 since the signs only fit 3 digits
@@CaptainBenjamins99.9
I loved the expression on her face when Charlie said he wouldn’t have 95% of asset managers working for him!
RIP the great CM
Nowhere did he say anything about the S&P 500.
Charlie you were among very few people born on 1st of the month and very confident or having extreme confidence and still very successful. I have seen people making bad choices even blunders who have had very high confidence levels in them many belong to the generation born before 1950s.😊👍🙏✌️❤️💜. Is it luck factor also? May be warren Buffett might have answers to it.
Who would have thought 20 years ago the U.S. would become the world's 1# oil producer.
After so much struggles I now own a new house and my family is happy once again everything is finally falling into place!!
What is sequoia ?
Google Valient
Brilliant......
I miss Charlie.
Agreed my 401 is terrible. Im a high school educated blue collared worker and i do better with my money than the so called professionals.
The professionals are only looking out for themselves and their fees
Why isn't your 401k in the s&p?
Thanks Charlie ! Nice to see you back ! 🪽🪽
Better yet just go long Berkshire class B stock. That has proven to beat the S&P 500 index over a prolonged course of time.
Not really.
well, if only they have 140 years of live.
You've got to recognize a good business before it get's good. Never heard truer words. Skate to where the puck is going
if we consider the annualized return in recent 10 years span, even the sequoia fund was behind S&P 500. the since inception advantage edge of sequoia over S&P500 is based on the early success and compound effect when the information was not the efficient as in modern days.
so ordinary people should really just buy VOO and holds.
than why buy berkshires fund when they don t even beat the index. they haven't since 2008
Were in this video did he advice you to invest in Berkshires fund?😅
Hans Moleman the investment genius
Investing in a broad index like this offers diversification and reduces the risk of picking individual stocks. It’s a smart, straightforward approach for most investors, who do not have a time to do a deep research and sacrifice quite time for the stock picking.
So what he is saying is, the best of the best costs alot of money, and yhe worst of the worst is cheap, wow who would have thought
I think you can.
"The trick is to have insider information which you won't have." -- Charlie, probably
I think this channel is a great source for people to focus on investing psychology and mindset, I loved it, however I think instead of S&P 500 or VOO, a better index would have been VT or VTI for that matter, it is more diversified and having thousands of stocks spread across equally by market cap weight. Large cap or the S&P 500 isn't representative of the market as a whole.
Well, then there's Jon Simmons who pretty much beats everything!
How many Jim Simons in the entire world?
Berkshire is way better than SPY
Even when buffet and monger are dead?
2:34 I was worried that Munger was about to die here.
You predicted it
if statement that someone will die is a prediction in your universe then congratulations, you're surrounded by world full of oracles
@@peterh3213 I said I thought he was about to die at the point in the clip that I timestamped.
@@ppuh6tfrz646the point is you said you were worried he was going to die, then he actually did die right after you said it.
@@user-zo2ge3oe8d No, he actually didn't.
in the past 10 years, I've been beating the S&P500 by 50%... so... there's that...
I beat he can SEE very clearly!
New in ok
I think you can beat the SP index, but it's a great place to start if you know little about investing. Tt's more relevant than the Dow and less volatile than the Nasdaq.
VT and chill.
My large cap growth fund is owning the S&P 500 index.
rip , will learn from mymistakes and some of your speechs
Hmmm, s&p 10% return, many stocks have way better average yearly returns, nvda, aapl, msft, ma, cost and so on 😂
Hindsight is easy. Forsight not so much. There is a mountain of statistical evidence that shows around 90% of actively managed portfolios will underperform the S&P 500 over every ten-year period. When you factor in fees, expenses and taxes those numbers get even worse.
He didn't say actively managed, he said average yearly returns @@jec1ny
Sadly our history the way we invest will be changing ,why ? The CEO and BOD are woke and no longer put the owners interst 1st. Also our country has never been to far in debt 35 trillion dollars with 21 trillion dollars in the m2 money supply . Past investing principals may not apply the same in the future.😢
IMHO
Bitcoin beat the S&P. Buy Bitcoin.
Thats something called RISK. Do you really trust that bitcoin will continue to do better than the S&P 500 in the next 30 years? 1 is the top 500 companies in america, while the other is just a single cyptocurrency which are known for high risk. You CANNOT count on bitcoin to continue outperforming the S&P 500.
@@kelvinpang438 It probably will
@@kelvinpang438 it's the top 500 public companies vs a currency rising and crashing constantly over a decade. i'll take the sp500 long term. can make some good returns on bitcoin short term but i don't think it is going to have a 10 trillion market cap like people are predicting.
Perhaps many of you are Americans commenting here. Just to say I am in Asia and investing in S and P 500 is also my way of hoping a better future.
Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got to talking about investment and money. I started investing with $150k and in the first 2 months, my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and get more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family.
That might have been. It may be again but currently I wouldn’t touch any stocks . North America is a banana republic
Where is not banana republic?
Name me 5 persons who belong to the 5%
Charlie Munger
Warren Buffett
Howard Marks
Michael Burry
Jim Simones.
@@barryallen6927 oh ok. What about you or in other words: what difference is there between they and us? Do you know. Why everybody cant be rich
@@christophermatis1952 Michael Burrys is a joke
@christophermatis1952 stock market is just a transfer of wealth platform. U buy and somebody sells. Not possible that everyone gets rich.
Freddy “the Beadle” Barnes. Bye bye.
RIP
And booom. It's gone.
I beat the S&P by 40%
Now do it again, and again . . . And again
Then why don't Berkshire just invest into the S&P 500 index then? Doesn't mean a legendary investor don't talk nonsense on air as well.
Because Munger & Buffet are not the average investors, they're the All-Star of investors. His advice is for the average investors so they don't lose their small amounts they can afford to invest or (even worse) their lifetime savings.
They stand to gain nothing. Neither do those who buy Berkshire stock. Charlie and Warren have long stated a 500 index is the best way to go for the average investor. The market to day is vastly different now than 50+ yrs ago. Far more speculation now than actual investing thru hard numbers and facts.
@@KingGeorgeX - What makes you think he wants to say that because is best that he would ripe the rewards and leave the bread crumbs to you.
@@kk22001 well if you have your way to become a billionaire then go ahead and don't take his advice, he's not selling you anything anyways.
@@osu122975 Actually they say those are the best for unsophisticated and ignorant emotional investors. Plus they cover and protect their positions. They utilize options to hedge their bets, for short term volatility and income plays. They care less about what the market is doing on their few personal positions since they have done their research. Now once again that takes years of options experience and years of researching companies. Its the hardest easiest job in my opinion.
HAHAHA…..Munger is yesterday’s man. I certainly ( 20 years ago) followed The sage of Omaha, and got so so results. NOW the S&P is driven by a handful of stocks, so NO following the S&P, is NOT the best way to grow your portfolio. I get 35/40 % annually, by focusing on the top growth S&P stocks….
😂😂😅😂😅ok bug eyes!
sorry Charlie but the SPY has pulled 6% per year since 2000.
but google says the snp averages 11%
Have you pulled in more than 6% since 2000? 🤔
Wrong, you can beat SP500 easily
Have you ?
he's talking about long term, such as the duration of a 401k plan. very few have outperformed the sp500.
agreed
How? What's the strategy?
@@charlesromney if he has believed what he said, how would have invested directly and only to SP500 but he just invests in certain stocks and has only 25 stocks in his portfolio.
Well in my 7 month journey of investing since late May, I am beating the s&p significantly. Let's see how long I can maintain
That’s way too short of a period
Quit while you’re ahead. Research bogleheads and see how to invest well.
That’s way too short of a time horizon. Anyone can have a period like that in their investing journey.
Even then, was it skill? Or was it luck? I would personally lean towards the latter.
@Pantomime0709 I just started investing 7 months ago. Idc if it's too short.
I use an excel algorithm to detect entry points on trades. Minimizes risk and optimizes potential returns. Uses calculus. I'm more of a quant trader (math major)
How do you know if its skill or luck or both? You don't even have data to prove such a claim. Use logic, not feelings.
It's better to compare YTD or 1 year. That way you have a metric comparison for the next.
The days of wearing business suits is dead. Give these guys a couple of polo shirts. 😂 Charlie is the mastermind behind Berk.
Completely incorrect, dinosaur advice. Crypto offers FAR more returns than S&P 500.
HaHa…. That comment is not going to age well. How has crypto worked for FTX investors ?
@@alanaldpal950 so you’re putting an entire industry’s future outcome based on one bad actor? You think other industries don’t have bad actors? Also, Bitcoin is up 149% YTD and we are not even in a bull market. 2024 will be an epic year for crypto.
@@alanaldpal950he’s not wrong. I’ve made 80% plus in my crypto
@@spencersgarage OK spunky… I guess crypto is fool proof and only ever goes up? You cherry pick talking about the good ones only and not the bad ones. Good luck, but I hope you don’t have all your eggs in one basket 🧺
Han. Meant to say OK (as in O-Tay) Spanky
When people buy, you sell, when people sell, you buy, that's Warren and Charlie style. Now everybody think S&P 500 Index is the lazy way to earn big buck$. you could guess where i would be going.
For billionaires, Gold and the S&P 500 are wealth preservation vehicles
They might keep you ahead of inflation, by a couple of percent
Bitcoin doesn't beat the S&P. It makes it irrelevant. Up over 150% this year
And this is just the beginning
@TheRealChrisWoodward You didn't watch the video, did you? Your ignrorance is duly noted. Carry on.
Lol. BTC is turd. Comparing gold to s&p500 is a joke. One compounds while the other is just a rock. Comparing gold to digital gold like btc makes more sense. Both are non generative and doesnt pack itself to anything. Buying btc is a complete waste of time. The speculative nature of cryptocurrencies will bankrupt anyone in a pump and dump situation.
@@Longtermalwayswins Your ignorance is duly noted. Carry on.
Now you're talking about your dream. Not facts.
Up.ok