Achieving success requires on the steps you actively take toward it. Accumulating wealth involves cultivating positive habits, such as consistently setting aside money at intervals for robust investments. Financial management, often avoided by many, can later become a haunting issue. My hope is that anyone reading this finds success in their journey!
I agree, that's the more reason I prefer my day to day invt decisions being guided by a invt-coach, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using a invt-coach for over 2years+ and I've netted over 1.5million
I've been thinking of going that route, been holding on to a bunch of stocks that keeps tanking and I don't know if to keep holding or just dump them, think you inv-coach could guide me with portfolio-restructuring
‘Grace Adams Cook’ is the licensed advisor I use. Just research the name, you’d find necessary details to work with a correspondence to set up an appointment.
My CFA ‘Grace Adams Cook’ , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
I invested $10,000 in a promising Japanese stock, but when the yen suddenly plummeted against the dollar, my investment's value dropped to $9,000, even though the stock's price remained stable
My financial advisor actually helped me dodge a currency bullet. We hedged against yen volatility, and my Japanese stock investment gained 12% despite the currency fluctuations.
That’s brilliant for all the UK folks who been investing in US stocks since back then. Not only has their stock value gona up heaps so has the FX value VRs the uk pound.
Hi Mitch, investors really need to understand this whole FX situation. The only thing that matters is the FX rate when you buy vs when you sell, everything in between is irrelevant. That is why when using justETF I review my gains in both GBP and the ETF currency. The gain in the ETF currency is the true gain and the GBP gain is the translated gain. Managing your sell timing is the important factor if your circumstances allow.
The Vanguard US Equity Index Fund is denominated in £GBP for the share class, but the Key Investor Information says; "The Fund invests in securities which are denominated in currencies other than the share class currency. Movements in currency exchange rates can affect the return of investments". Does this mean that FX rates will affect the value of the fund at the time it was sold or are the FX costs incurred when the equities are bought and sold within the fund?
The effect of FX always has to be considered however, it would be foolish to structure and limit a portfolio to only hold domestic assets. It should simply be viewed as a necessary operating cost of gaining exposure to the largest equity markets in the world. Of course your profit will be FX adjusted however the alternative, region-restricted approach would return a far lower profit - and that makes no investable sense whatsoever.
What are the best strategies to protect my portfolio? I've heard that a downturn will devastate the financial market, so I'm concerned about my $200k stock portfolio.,.
There are strategies that could be put in place for solid gains regardless of economy situation, but such execution is usually carried out by an investment specialist
I've been in touch with a financial analyst ever since I started investing. Knowing today's culture The challenge is knowing when to purchase or sell when investing in trending stocks, which is pretty simple. On my portfolio, which has grown over $900k in a little over a year, my adviser chooses entry and exit orders
How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?
Thanks for sharing. I curiously searched for her full name and her website popped up immediately. I looked through her credentials and did my due diligence before contacting her.
I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Brooke Grace Miller.
She is my family's personal broker and also a personal broker in many families I'm United States, she's a licensed broker and a FINRA AGENT in United states
I just withdrew my profits a week ago, To be honest it was an amazing feeling when the profits hits my wallet I wish I could reinvest but, too much bills
5:58 i noticed a few days ago that they don't calculate the FX Impact on profits correctly there. That red 1.68% is just the percentage change in the FX rate. But that change effects the value of your whole holding. So, if you do apply it to the whole holding the FX Impact on your profits is higher than they state here - a bit over three percent i calculate. So, in a world where the FX was constant, you'd have more profits than the "GAIN/LOSS" figure they show here indicates. The reverse happens when you have a loss, they would be overstating the FX impact.
Remember you will get a hit on dividends as well. All that money printing in $ and the vast national debt that they are having to keep the money printing going to pay means the USA is on the downward slope. Saudi has also agreed to sell oil in other currencies.
Thanks mitch subscribed 👍 just started in 212 and your videos are invaluable for me. Q i have 10k soon what % would be recommended to hold in cash isa/stock- i realise personal risk is a factor, cheers keep up the great content 👍
Does a stronger pound not mean that you're essentially getting more stock for your money? The FX fee only really matters when you come to sell a position doesn't it?
Great advice Mitch and thank you for showing where the info is held on T212 re FX fees. Think it again is built into long term investing with the dollar and pound up and down. I remember a time when a pound bought 2 dollars. Silly question….sure I saw someone who looked like you near Moor Hall ?
new to investing, don't know wtf I'm doing so bought vanguard all world in GBP, that's all I got and hopefully it'll be ok, didn't buy US because of that fx fee, wasn't sure how it would effect my investments so thanks for the info as I'll be more aware if i do👍.
I’m in uk and invest in vanguard VUSA S&P 500 so does this currency affect me because it says I buy in gbp? I also invest in the vwrl so I assume that is gbp also? Will these currency fluctuations affect me… I intend not selling for at least 20 years. 🙌🏼
Brilliant video as ever Mitch. I often think about how changes in GBP versus the dollar impacts my portfolio and usually end up giving myself a headache! You've really helped clarify it for me- thanks!
t212 now offers to buy stock in one currency and sell it in another... Is it a good way to mitigate loss if i e.g. buy an american stock with a weaker EUR and when the EUR is stronger to sell the stock for USD and not EUR ? And if the EUR strengthens I would sell it for EUR?
How can you have a fraction of a share. How would that work with dividends and voting rights. Do you receive a fraction of a digital share certificate ?
Hey Mitch (or any T212 expert) - I rebalanced my portfolio, and the buying of extra funds to achieve this has increased the "amount invested" without any additional cash actually going in. This now means that my return % has dropped significantly artificially. Does anyone know if this is how a rebalancing should work? And is there a way to track my overall top level % return based on the amount of cash put into the account? Thanks
I’d still say yes, however it’s always worth it to diversify. Go for some form of world economy tracking ETF, and then the S&P500 too, that way if America goes to shit, then you’ve still got your hand in the rest-of-the-world pie to cover all basis. I’m currently prioritising the US $, so safe to say this video worries me a bit! Definitely going to try and match my contributions now , in more of a 50/50 split, so that I’m covered in all angles… not financial advice, as I’m only very new to this myself! Hope this helps a bit? Maybe?😂 I’m based in the UK too.
@@KS-jn5pv Global tracking ETF's / Index Funds are still heavily weighted to the USA, you would have to actively seek funds which omit the US to avoid that weighting.
Achieving success requires on the steps you actively take toward it. Accumulating wealth involves cultivating positive habits, such as consistently setting aside money at intervals for robust investments. Financial management, often avoided by many, can later become a haunting issue. My hope is that anyone reading this finds success in their journey!
My portfolio has good companies, however it has been stalling since last year. I have approximately $200k stagnant in my reserve that needs growth.
I agree, that's the more reason I prefer my day to day invt decisions being guided by a invt-coach, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using a invt-coach for over 2years+ and I've netted over 1.5million
I've been thinking of going that route, been holding on to a bunch of stocks that keeps tanking and I don't know if to keep holding or just dump them, think you inv-coach could guide me with portfolio-restructuring
‘Grace Adams Cook’ is the licensed advisor I use. Just research the name, you’d find necessary details to work with a correspondence to set up an appointment.
My CFA ‘Grace Adams Cook’ , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
Never realized how much exchange rates could impact foreign stock investments.
Exactly! It's not just about the stock performance, but also the currency.
I invested $10,000 in a promising Japanese stock, but when the yen suddenly plummeted against the dollar, my investment's value dropped to $9,000, even though the stock's price remained stable
Exchange rates can account for up to 50% of returns. Always consider currency risk.
Now you know why investors need coffee to stay awake to currency fluctuations
My financial advisor actually helped me dodge a currency bullet. We hedged against yen volatility, and my Japanese stock investment gained 12% despite the currency fluctuations.
Goodness I remember the exchange rate $2 to £1. Back in the day
That’s brilliant for all the UK folks who been investing in US stocks since back then. Not only has their stock value gona up heaps so has the FX value VRs the uk pound.
Hi Mitch, investors really need to understand this whole FX situation. The only thing that matters is the FX rate when you buy vs when you sell, everything in between is irrelevant. That is why when using justETF I review my gains in both GBP and the ETF currency. The gain in the ETF currency is the true gain and the GBP gain is the translated gain. Managing your sell timing is the important factor if your circumstances allow.
The Vanguard US Equity Index Fund is denominated in £GBP for the share class, but the Key Investor Information says; "The Fund invests in securities which are denominated in currencies other than the share class currency. Movements in currency exchange rates can affect the return of investments". Does this mean that FX rates will affect the value of the fund at the time it was sold or are the FX costs incurred when the equities are bought and sold within the fund?
Yes
The effect of FX always has to be considered however, it would be foolish to structure and limit a portfolio to only hold domestic assets. It should simply be viewed as a necessary operating cost of gaining exposure to the largest equity markets in the world. Of course your profit will be FX adjusted however the alternative, region-restricted approach would return a far lower profit - and that makes no investable sense whatsoever.
Excellent , crisp and clear. That what we need🎉
The detail in these short videos is amazing
What are the best strategies to protect my portfolio? I've heard that a downturn will devastate the financial market, so I'm concerned about my $200k stock portfolio.,.
There are strategies that could be put in place for solid gains regardless of economy situation, but such execution is usually carried out by an investment specialist
I've been in touch with a financial analyst ever since I started investing. Knowing today's culture The challenge is knowing when to purchase or sell when investing in trending stocks, which is pretty simple. On my portfolio, which has grown over $900k in a little over a year, my adviser chooses entry and exit orders
How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?
Nicole Anastasia Plumlee can't divulge much. Most likely, the internet should have her basic info, you can research if you like.
Thanks for sharing. I curiously searched for her full name and her website popped up immediately. I looked through her credentials and did my due diligence before contacting her.
This is a brilliant video. You’re right this can be missed easily.
I hadn’t even thought about this.
I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Brooke Grace Miller.
She is my family's personal broker and also a personal broker in many families I'm United States, she's a licensed broker and a FINRA AGENT in United states
The very first time we tried, we invested $1000 and after a week, we received $5500. That really helped us a lot to pay up our bills.
I'm surprised that you just mentioned and recommended Brooke Miller, I met her at a conference in 2018 and we have been working together ever since.
I'm new at this, please how can I reach her?
I just withdrew my profits a week ago, To be honest it was an amazing feeling when the profits hits my wallet I wish I could reinvest but, too much bills
Also, if you buy UK listed stocks there is a stamp duty fee to pay which makes them pretty unattractive if you like to try and capture smaller moves.
5:58 i noticed a few days ago that they don't calculate the FX Impact on profits correctly there. That red 1.68% is just the percentage change in the FX rate. But that change effects the value of your whole holding. So, if you do apply it to the whole holding the FX Impact on your profits is higher than they state here - a bit over three percent i calculate. So, in a world where the FX was constant, you'd have more profits than the "GAIN/LOSS" figure they show here indicates. The reverse happens when you have a loss, they would be overstating the FX impact.
I think the red 1.68% is the impact on your initial investment , that the exchange rate differences have made.
@@andy-pk2pe yep, and they wrongly use it as FX impact on profit which is different.
So it’s a good time to be buying and holding US stocks at the moment then, right?
Remember you will get a hit on dividends as well. All that money printing in $ and the vast national debt that they are having to keep the money printing going to pay means the USA is on the downward slope.
Saudi has also agreed to sell oil in other currencies.
Thanks mitch subscribed 👍 just started in 212 and your videos are invaluable for me. Q i have 10k soon what % would be recommended to hold in cash isa/stock- i realise personal risk is a factor, cheers keep up the great content 👍
Does a stronger pound not mean that you're essentially getting more stock for your money? The FX fee only really matters when you come to sell a position doesn't it?
If you sell when the pound is strong you get less back, if you buy when it’s strong you get more for your money.
You might want to take advantage of that fact before the budget as I can feel another Liz Truss moment about to happen 😂
when you are buying yes. not when selling
@@X5493-c7p pound went up with optimism post tories and now it will come back down once the next set of muppets ruin the uk even more
The gold price is a reflection of the strength of the dollar or lack of it in this case the latter
This is another reason why Dividend investing and cost averaging is a strong winning strategy.
I was investing well before this recent 8% bounce back by the pound. Im not so much effected.
Instead US company stocks, should we invest on only etfs like vwrp, vuag, gbsp?
@@muzzi1984 the underlying holdings are still largely US, so although you won’t see the fx impact, it will be embedded in the fund performance
Great advice Mitch and thank you for showing where the info is held on T212 re FX fees. Think it again is built into long term investing with the dollar and pound up and down. I remember a time when a pound bought 2 dollars. Silly question….sure I saw someone who looked like you near Moor Hall ?
Thanks for your video
Could you make videos on hold investing if you are doing one ?
new to investing, don't know wtf I'm doing so bought vanguard all world in GBP, that's all I got and hopefully it'll be ok, didn't buy US because of that fx fee, wasn't sure how it would effect my investments so thanks for the info as I'll be more aware if i do👍.
Hi Mitch
What you think about buying US stocks from European exchanges like Xetra?
great video once again
Great video
Hooray for highly diversified global funds! 🎉🎊
The more I learn the more I believe that feeding individual holdings into quality ETFs traded in £s are the way ahead.
I have a few shares in some British stocks to balance things out.
I’m in uk and invest in vanguard VUSA S&P 500 so does this currency affect me because it says I buy in gbp? I also invest in the vwrl so I assume that is gbp also? Will these currency fluctuations affect me… I intend not selling for at least 20 years. 🙌🏼
Personally I've just bought the European versions of the US stocks to try counter the fx issue
Brilliant video as ever Mitch. I often think about how changes in GBP versus the dollar impacts my portfolio and usually end up giving myself a headache! You've really helped clarify it for me- thanks!
t212 now offers to buy stock in one currency and sell it in another... Is it a good way to mitigate loss if i e.g. buy an american stock with a weaker EUR and when the EUR is stronger to sell the stock for USD and not EUR ? And if the EUR strengthens I would sell it for EUR?
How can you have a fraction of a share. How would that work with dividends and voting rights. Do you receive a fraction of a digital share certificate ?
Hey Mitch (or any T212 expert) - I rebalanced my portfolio, and the buying of extra funds to achieve this has increased the "amount invested" without any additional cash actually going in. This now means that my return % has dropped significantly artificially.
Does anyone know if this is how a rebalancing should work? And is there a way to track my overall top level % return based on the amount of cash put into the account? Thanks
You could buy vusa or vuga on the London stock exchange
do you take classes
Is it best for UK citizens to buy a S&P 500 ETF in pounds and/or dollars?
Много интересно видео! Браво!
What about the 15% US withholding tax on dividends?
Would you recommend VUAG or FWRG for long term hold?
I’d still say yes, however it’s always worth it to diversify. Go for some form of world economy tracking ETF, and then the S&P500 too, that way if America goes to shit, then you’ve still got your hand in the rest-of-the-world pie to cover all basis. I’m currently prioritising the US $, so safe to say this video worries me a bit! Definitely going to try and match my contributions now , in more of a 50/50 split, so that I’m covered in all angles… not financial advice, as I’m only very new to this myself! Hope this helps a bit? Maybe?😂 I’m based in the UK too.
@@KS-jn5pv thanks that helps a lot, I might do 70% global and 30% s&p
@@KS-jn5pv Global tracking ETF's / Index Funds are still heavily weighted to the USA, you would have to actively seek funds which omit the US to avoid that weighting.
Nice video , the code Mitch works only for accounts opened within last 10 days only 😢
Thanks! Yeh thats correct, it’s in T212 T&Cs
Why dont vanguard etfs show fx when they to are affected
Hi, this does not make a difference if my main currency is euros and I buy apple from german stock exchange right?
in your case changes in the EUR/USD exchange rate would have the same effect rather than GBP/USD.
Great video,I'm new to this industry,all advice appreciated 👍👍👍👍
So if I split my SP500 holdings between SPY5 and SPX5 would I cancel out this effect? As SPX5 is in GBP?
That is why you diversify and not put all your eggs into one US basket
into an all world etf with 70% american stocks ?
@@macanjeez The All World is about 63% US, but some diversification is better than nothing. There is an argument to underweight the US
or just buy something like VUAG and buy it in pounds
@@Black-Circle buying the ETF in pounds doesn't magically bypass FX, it just means the FX price is built in to the ETF price
@@StrangeGuy-jl7cl ah I see. thanks for letting me know! :)
you're not wtong mate my gains have been impacted slightly by fx but only between 2.5-3.0%
Usd went up last week 😊
Means nothing
@@KS-jn5pv meant my stocks went up ...
I heard ‘US stocks are on sale to Brits’ 🎉
Yup the pound is not as strong as it was against the usd atm , my NVDA position is hurting from the FX alone 😢