Cheers for that! To be honest, we do have a Premium subscription offering which is what supports our business. That said, you cannot sell people things unless you show them you are competent. We strive to make people better investors. Period. When they realize we're genuine in that mission, and effective, they'll become lifelong supporters. Not many pundits take that approach. Glad you found this useful!
Excellent video. I think Nanalyse is the most frank and honest service I have ever subscribed to. By far and away the most thorough revenue analysts I have ever had the good fortune to find.
Really appreciate those kinds words mate. You can't fake transparency and authenticity, and those are qualities that go a long way in this industry. We really appreciate your financial support, without which this wouldn't be possible.
You're welcome. We all had a great Christmas fortunately. Very grateful for everything. Merry Christmas to you and your family as well! Thank you for the support and encouragement. Here's to a great 2023! 🍸🍸🍸
Unfortunately or fortunately depending on how you look at it, a coworker got me into stocks of course amc, luckily I’m not holding that much. I have however slowly over time picked up some very nice dividen paying big boys and I am buying through the dip. You’re style of investing is so refreshing. Glad I found the channel
THank you for making that clear. To clarify, what do you generally mean by safer picks? Is that exclusive to bonds or are you referring to large cap stocks, or maybe ETFs?
Good, but also don't fall into the trap of sweating paper losses. When you are young you have so much time to recover from losses that you should never be too worried. Examples of "safer picks" would be any broad market low-cost ETFs from vanguard, ETFs in general (thematic and sector-specific will be more risky), a portfolio of large cap stocks, a low-cost ETF with exposure to bonds and stocks, fixed income ETFs (another name for bonds), etc. Remember that an ETF is an "exchange traded fund" which is a vehicle that contains assets that trade on exchanges. You could have all your assets in ETFs and be completely diversified with the exception of alternative assets like real estate (you could do a REIT ETF) or other alt assets. These provide a diversification effect to your overall portfolio. Check this out: www.nanalyze.com/complete-guide-buying-stocks-beginners/
A lot of wisdom!!! A point that you might expand is your “rebalancing” rules. Do you have rules to keep your asset allocation fixed? How often do you rebalance? Are you rebalancing between asset classes or also within a specific asset class? Thanks 😊
Great question Stefano. We do not keep asset allocations fixed, and we haven't thought about rebalancing at that level. Good point. For example, one idea would be to put some more of our cash balance to work in our tech portfolio. Another idea - one we're actively working on - is replacing gold with something more relevant to our audience (like private equity or startups). The trimming rules you know about for the tech portfolio. For the other asset classes, not much. For Quantigence we have been trimming overweights and plowing some of the money back into the strategy (stocks that are depressed in price). Eventually, we'll build this out with trade alerts and such similar to Nanalyze. Actually, that -7.2% performance number we gave for total assets excludes dividend income :) a lot of which goes into Nanalyze as CAPEX for the new website, our Nasdaq data licensing fees, etc. As we grow and scale we'll put better measures in place to monitor performance. If anything, we're understating it now. Your financial support makes this all possible Stefano, thank YOU!
We really appreciate that encouragement, thank you Grant! We're trying to grow at a much quicker pace to make our resource investment worthwhile. Please share our videos with your family/friends/enemies and that will help us get there quicker. ;) Thank you!
sleeping stress free is the most underrated thing for any investor. Learned this quick and have de-risked a lot. Nothing worse than working hard for your money then stressing about it every morning when you open the portfolio.
@@joepiv It was so enjoyable, and I did not pay attention to the length of the video. This is a must that every potential investor in the stock market should watch. Again, bravo!
Can you talk about the psychology of not letting go of good companies that are down 50-70% or more due to a bad macro environment? I have several companies that I believe in long-term (ie TSLA) and I know it will recover but at least half of my portfolio is down over 50% but filled with similar companies.
@rhatam Warren Buffet once said that you should never hold a stock that you'll feel uncomfortable holding when it loses 50% of its value. Honestly, it takes experience to beat the psychology and (this is very important) when you know that the position is a small fraction of your overall wealth it just doesn't matter that much. That's why diversification is so darn important. Remember when we said in the video that our tech portfolio is down 48% over the past year? Welcome to the club! And don't sweat Tesla. Check out our recent piece on the stock here: ruclips.net/video/7BSTEVR8RGU/видео.html
@user-vq2vp9we9d You're suggesting that he/she/it/they dollar cost average on positions to lower cost basis. Good idea, but also we suggest setting a limit on how much you commit to any single position.
@@Nanalyze thank you for the sage advice! I’m in my late 30s and make a very good income (400-500k annually a single man) so I’ve taken quite a few risky investments but I am pretty confident none of them could go bankrupt and revenue is growing.
@rhatam If you're a single man raking 400K USD annually you ought to be living on 75K and socking away the rest and retire by 50 happily. If you're not, start now. Job done. You are set man, just be smart and consider the advice we've given in that video.
Very sorry but i have an totally offtopic question about your great video Joe, what is the name exactly of the Romanian Forest? looks like a forest to visit some day
Love these off topic questions. ;) Hoia Baciu, just outside Cluj-Napoca Romania is said to be one of the most haunted forests in the world. We went there with a bottle of whiskey first night and captured orbs and lights. Second night, we camped there. At the time our local contact said we were the first he knew that had done that. Since then, others have probably done the same. The night we camped we were ill and didn't have a chance to explore much outside the tent. Okay, we might have been freaked out a bit too as the contact dropped us and bailed. Epic place to visit if you're into that sort of stuff. ;)
Awesome video once again. I’m curious what u think about investing in Tesla at the current price? Also can u speak to ur quantigence strategy, or just in general dividend growth investing, for young investors with a high risk profile and long time horizon- is it worth diversifying into that or stay in growth/tech which seems to win financially in the long run? Thanks!
Great questions Ezra. Long-winded Tesla convo is on our Discord server. You still may be able to back door your way in as our IT guy may not have locked it down yet. Regarding going all in high risk when young, we'll say this. You ought to always diversify across asset classes. You want to take risk? Fair enough. Then do something like 70% risky, 20% safe, 10% alternative assets. You will sleep better at night. Sleeping better is underrated, especially as you get older ;)
Excellent. We're hitting the mark when people think we're talking to them because we are! What you do with your dividend portfolio is now start adding to it every month. Then, you go major in a STEM field and start making money (quickly paying off your debt) and start saving more. Trade occupations can also be lucrative as well. Just work your damn ass off. Seriously. Never give up, never let anyone tell you someone else is holding you back.
If you buy a company who's market cap is >1b but then drops below, do you sell? Do you stop buying? A lot of the tech SPACs that came out of the last couple years have followed this pattern, so I'm curious how you approach this
Epic. First night we took a bottle of whiskey and roamed around scoping things out. Caught a few orbs on camera and there were lights that couldn't be explained. Then the next night we camped there but heavy rain and illness kept us from exploring much. Legendary place to visit near Cluj-Napoca. Great country.
Yep, we definitely believe the recent AI rally to be hype. We've seen this kind of thing plenty of times, with 3D Printing, cannabis, gene editing, electric vehicles, and so on. All of these are perfectly fine investing themes, they just had some unreasonable expectations set by Wall Street. When the hype died down, shares came back to earth. We expect the same with AI. I'll have Joe get back to you about the forest... -Wyatt C.
I've made all the mistakes over the last 14 years too. My approach and thinking is different than yours, so it is good to see what you have to say. I have wildly beat the market over time, but that could just indicate luck only. I need to get better. Thanks!
Love the humble comment here. Humility is exceptionally important when you beat the market dramatically because there's that temptation to think you're the second coming of Nostradamus. Saying "I need to get better" will keep you from getting too overconfident. We all need to have a similar attitude. Thank you for the comment!
@@joepiv To be fair I lost a lot of money and failed on countless stocks over a decade. I only happened to be positioned correctly in 2020 when the US printed about $8tn and I correctly rode the liquidity wave and got out when the Fed pivoted in Dec last year. Happen to flip to oil stocks and cash in 2022. I dont always agree, but I enjoy your skeptical approach to investing.
Recession is foretold as central banks race to try to tame inflation. It’s the opposite of past recessions: Loose policy is not on the way to help support risk assets. That’s why the old playbook of simply “buying the dip” doesn’t apply in this regime of sharper trade-offs and greater macro volatility. What is your take on this?
Those people who have discretionary income with at least a few decades before retirement should hope this bear lasts a solid decade so they can buy quality companies as cheap as possible. The weak won't survive, which is why we pay so much attention to risk management.
To be honest with you I, nor anyone on the team, has spent much time deep-diving Amazon. Given how popular the company is we may look to cover it in the future.
@@terryklender4209 Rapid fire questions! ;) We've had a lot of people asking about semi plays. Maybe we need to step back and look at the bigger picture - the semi industry. Stay tuned!
Joe, happy Christmas and compliments of the season to all of Nanalyze. 🌲☃️ In short, the market is a device for transferring wealth from the impatient to the patient as has famously been purported prior. This is my takeaway, much food for thought. I still love that you're in the position to still be able to trim NVIDIA despite the drastic drop. Goes to show the power of choosing good companies coupled with meaningful established revenues pattern. Kudos to that young man starting at 19. Life event after life event after once you reach a certain point and it impacts ability to allocate. An investors worst nightmare: missed opportunity!
Thanks so much for the holiday wishes! The same to you as well and thank you for the support and encouragement - and valuable feedback. Indeed, the venerable CFA Institute says that the biggest market timing risk is not being in the market (there are some great stats around this). It's about time in the market, not timing the market. NVIDIA proved to be a great cash cow, and they're still growing. I'm sure you've seen the math that shows the impact of getting into the market at an early age and it's incredible how much difference ten years makes. It's especially useful of the young man can avoid all the mistake I made. ;)
![Run Away - Tzuyu(TWICE) ツウィ 쯔위 [Music Bank] | KBS WORLD TV 240906](http://i.ytimg.com/vi/KnHNNyAYiu0/mqdefault.jpg)
Keeping it real and not selling a course. Subscribed. We need more of this
Cheers for that! To be honest, we do have a Premium subscription offering which is what supports our business. That said, you cannot sell people things unless you show them you are competent. We strive to make people better investors. Period. When they realize we're genuine in that mission, and effective, they'll become lifelong supporters. Not many pundits take that approach. Glad you found this useful!
Glad I found this channel. Dude is real and straight to the point. Love it
We're glad you found us as well!
Excellent video. I think Nanalyse is the most frank and honest service I have ever subscribed to. By far and away the most thorough revenue analysts I have ever had the good fortune to
find.
Really appreciate those kinds words mate. You can't fake transparency and authenticity, and those are qualities that go a long way in this industry. We really appreciate your financial support, without which this wouldn't be possible.
Useful. I wish I'd seen this a couple of years ago. Thanks Joe.
Really glad to hear it was useful. Don't worry. We all have made the same mistakes and the important thing is to learn from them.
Thanks for posting the educational videos. I have enjoyed watching all your videos
Really glad to hear that! We enjoy making these which always helps.
Thanks Joe, Important & valuable info you shown there. Always trying to implement kiss 👍🏼
Thank you Danny! We'll always use the KISS principle as it makes things accessible to everyone.
Thanks Joe.Hope you and your family had a good Christmas
You're welcome. We all had a great Christmas fortunately. Very grateful for everything. Merry Christmas to you and your family as well! Thank you for the support and encouragement. Here's to a great 2023! 🍸🍸🍸
I lived in Hong Kont for 7 years as a kid I loved it
Yes! Most people in this world have no idea what a truly safe culture feels like.
Thank you .... I played it Twice .... Great Info ..
Great to hear, thank you for the feedback!
Unfortunately or fortunately depending on how you look at it, a coworker got me into stocks of course amc, luckily I’m not holding that much. I have however slowly over time picked up some very nice dividen paying big boys and I am buying through the dip. You’re style of investing is so refreshing. Glad I found the channel
That's great to hear, thank you! Always be wary about following the crowd.
Thank you, brother, for the content and explanation of the concept
You're quite welcome
SLEEPING WELL AT NIGHT!!! Even as someone who is young I am admittedly nervous of having a high risk portfolio!
THank you for making that clear. To clarify, what do you generally mean by safer picks? Is that exclusive to bonds or are you referring to large cap stocks, or maybe ETFs?
Good, but also don't fall into the trap of sweating paper losses. When you are young you have so much time to recover from losses that you should never be too worried.
Examples of "safer picks" would be any broad market low-cost ETFs from vanguard, ETFs in general (thematic and sector-specific will be more risky), a portfolio of large cap stocks, a low-cost ETF with exposure to bonds and stocks, fixed income ETFs (another name for bonds), etc. Remember that an ETF is an "exchange traded fund" which is a vehicle that contains assets that trade on exchanges. You could have all your assets in ETFs and be completely diversified with the exception of alternative assets like real estate (you could do a REIT ETF) or other alt assets. These provide a diversification effect to your overall portfolio. Check this out: www.nanalyze.com/complete-guide-buying-stocks-beginners/
@@Nanalyze thanks a ton for the info, I try to share the channel to all my financially inclined friends.
A lot of wisdom!!! A point that you might expand is your “rebalancing” rules. Do you have rules to keep your asset allocation fixed? How often do you rebalance? Are you rebalancing between asset classes or also within a specific asset class? Thanks 😊
Great question Stefano. We do not keep asset allocations fixed, and we haven't thought about rebalancing at that level. Good point. For example, one idea would be to put some more of our cash balance to work in our tech portfolio. Another idea - one we're actively working on - is replacing gold with something more relevant to our audience (like private equity or startups). The trimming rules you know about for the tech portfolio. For the other asset classes, not much.
For Quantigence we have been trimming overweights and plowing some of the money back into the strategy (stocks that are depressed in price). Eventually, we'll build this out with trade alerts and such similar to Nanalyze. Actually, that -7.2% performance number we gave for total assets excludes dividend income :) a lot of which goes into Nanalyze as CAPEX for the new website, our Nasdaq data licensing fees, etc. As we grow and scale we'll put better measures in place to monitor performance. If anything, we're understating it now.
Your financial support makes this all possible Stefano, thank YOU!
It boggles me that this channel doesn't have 100K+ subscribers.
We really appreciate that encouragement, thank you Grant! We're trying to grow at a much quicker pace to make our resource investment worthwhile. Please share our videos with your family/friends/enemies and that will help us get there quicker. ;) Thank you!
sleeping stress free is the most underrated thing for any investor. Learned this quick and have de-risked a lot. Nothing worse than working hard for your money then stressing about it every morning when you open the portfolio.
Couldn't agree more.
Joe, this is one of the best videos of Nanalyze's production. There is so much to learn from it.💯/💯👏
Super glad to hear, thank you. I thought this was a bit long-winded but seems to have hit the mark.
Agreed, big picture reminders are appreciated time to time and this is a great one. Thanks Joe
@@joepiv
It was so enjoyable, and I did not pay attention to the length of the video. This is a must that every potential investor in the stock market should watch. Again, bravo!
@@daniuskac1527 Great to hear!
@@adamhanninen8295 You're welcome Adam, glad this one worked! A yearly recap seems in order now going forward.
Can you talk about the psychology of not letting go of good companies that are down 50-70% or more due to a bad macro environment?
I have several companies that I believe in long-term (ie TSLA) and I know it will recover but at least half of my portfolio is down over 50% but filled with similar companies.
thats why you DCA, or are you out of cash/ not generating more powder for your portfolio?
@rhatam Warren Buffet once said that you should never hold a stock that you'll feel uncomfortable holding when it loses 50% of its value. Honestly, it takes experience to beat the psychology and (this is very important) when you know that the position is a small fraction of your overall wealth it just doesn't matter that much. That's why diversification is so darn important. Remember when we said in the video that our tech portfolio is down 48% over the past year? Welcome to the club! And don't sweat Tesla. Check out our recent piece on the stock here: ruclips.net/video/7BSTEVR8RGU/видео.html
@user-vq2vp9we9d You're suggesting that he/she/it/they dollar cost average on positions to lower cost basis. Good idea, but also we suggest setting a limit on how much you commit to any single position.
@@Nanalyze thank you for the sage advice! I’m in my late 30s and make a very good income (400-500k annually a single man) so I’ve taken quite a few risky investments but I am pretty confident none of them could go bankrupt and revenue is growing.
@rhatam If you're a single man raking 400K USD annually you ought to be living on 75K and socking away the rest and retire by 50 happily. If you're not, start now. Job done. You are set man, just be smart and consider the advice we've given in that video.
Very sorry but i have an totally offtopic question about your great video Joe, what is the name exactly of the Romanian Forest? looks like a forest to visit some day
Love these off topic questions. ;) Hoia Baciu, just outside Cluj-Napoca Romania is said to be one of the most haunted forests in the world. We went there with a bottle of whiskey first night and captured orbs and lights. Second night, we camped there. At the time our local contact said we were the first he knew that had done that. Since then, others have probably done the same. The night we camped we were ill and didn't have a chance to explore much outside the tent. Okay, we might have been freaked out a bit too as the contact dropped us and bailed. Epic place to visit if you're into that sort of stuff. ;)
@@Nanalyze haha sounds it was a special experience, thanks for sharing. Googled the forest and it looks spooky with those bent trees.
Awesome video once again. I’m curious what u think about investing in Tesla at the current price?
Also can u speak to ur quantigence strategy, or just in general dividend growth investing, for young investors with a high risk profile and long time horizon- is it worth diversifying into that or stay in growth/tech which seems to win financially in the long run?
Thanks!
Great questions Ezra. Long-winded Tesla convo is on our Discord server. You still may be able to back door your way in as our IT guy may not have locked it down yet. Regarding going all in high risk when young, we'll say this. You ought to always diversify across asset classes. You want to take risk? Fair enough. Then do something like 70% risky, 20% safe, 10% alternative assets. You will sleep better at night. Sleeping better is underrated, especially as you get older ;)
❣️
We love you too!
I’m 19, I feel like you was talking to me
I got a dividend profolio, but don’t know what to do
Excellent. We're hitting the mark when people think we're talking to them because we are!
What you do with your dividend portfolio is now start adding to it every month. Then, you go major in a STEM field and start making money (quickly paying off your debt) and start saving more. Trade occupations can also be lucrative as well. Just work your damn ass off. Seriously. Never give up, never let anyone tell you someone else is holding you back.
If you buy a company who's market cap is >1b but then drops below, do you sell? Do you stop buying? A lot of the tech SPACs that came out of the last couple years have followed this pattern, so I'm curious how you approach this
Our rule of thumb is that we don't open a position if the company is
19:43 How was that?
Epic. First night we took a bottle of whiskey and roamed around scoping things out. Caught a few orbs on camera and there were lights that couldn't be explained. Then the next night we camped there but heavy rain and illness kept us from exploring much. Legendary place to visit near Cluj-Napoca. Great country.
@@Nanalyze Awesome man that's cool!
Nice video! Do you consider current AI push a hype event (yet)? How was sleeping in that forest?
Yep, we definitely believe the recent AI rally to be hype. We've seen this kind of thing plenty of times, with 3D Printing, cannabis, gene editing, electric vehicles, and so on. All of these are perfectly fine investing themes, they just had some unreasonable expectations set by Wall Street. When the hype died down, shares came back to earth. We expect the same with AI. I'll have Joe get back to you about the forest... -Wyatt C.
@@Nanalyze Awesome man thanks for the reply!!
I've made all the mistakes over the last 14 years too. My approach and thinking is different than yours, so it is good to see what you have to say. I have wildly beat the market over time, but that could just indicate luck only. I need to get better. Thanks!
Love the humble comment here. Humility is exceptionally important when you beat the market dramatically because there's that temptation to think you're the second coming of Nostradamus. Saying "I need to get better" will keep you from getting too overconfident. We all need to have a similar attitude. Thank you for the comment!
@@joepiv To be fair I lost a lot of money and failed on countless stocks over a decade. I only happened to be positioned correctly in 2020 when the US printed about $8tn and I correctly rode the liquidity wave and got out when the Fed pivoted in Dec last year. Happen to flip to oil stocks and cash in 2022. I dont always agree, but I enjoy your skeptical approach to investing.
@@derekteed8188 Nicely done. Now preserve that wealth! ;)
Why would you sell ATT when their dividend is way higher than most? I’d much rather keep T than 99% of dividend stocks despite not growing.
Be extremely careful about only paying attention to yield. When a company loses its dividend champion status, we kick it to the curb. No exceptions.
The title says Investing in 2024 but as soon as I opened it, it says Investing in 2023.....
That's very astute. Fortunately, you'll find the information contained within timeless.
Buying the puts
"Feel free to play around with that stuff, but we don't take it seriously, and we don't advise that you do either." ;)
Recession is foretold as central banks race to try to tame inflation. It’s the opposite of past recessions: Loose policy is not on the way to help support risk assets. That’s why the old playbook of simply “buying the dip” doesn’t apply in this regime of sharper trade-offs and greater macro volatility. What is your take on this?
Bear markets do not last forever. The lower it goes, the longer it lasts, the better. :)
Those people who have discretionary income with at least a few decades before retirement should hope this bear lasts a solid decade so they can buy quality companies as cheap as possible. The weak won't survive, which is why we pay so much attention to risk management.
Is now a good time to go in on Amazon?
To be honest with you I, nor anyone on the team, has spent much time deep-diving Amazon. Given how popular the company is we may look to cover it in the future.
Why is Intel so cheap and is it a good long term play?
@@terryklender4209 Rapid fire questions! ;) We've had a lot of people asking about semi plays. Maybe we need to step back and look at the bigger picture - the semi industry. Stay tuned!
Just trying to make a few dollars for retirement! Thanks !
@@terryklender4209 Totally understand Terry. Note that a more conservative option to stock-picking is a growth stock ETF.
Joe, happy Christmas and compliments of the season to all of Nanalyze. 🌲☃️
In short, the market is a device for transferring wealth from the impatient to the patient as has famously been purported prior.
This is my takeaway, much food for thought. I still love that you're in the position to still be able to trim NVIDIA despite the drastic drop. Goes to show the power of choosing good companies coupled with meaningful established revenues pattern.
Kudos to that young man starting at 19. Life event after life event after once you reach a certain point and it impacts ability to allocate. An investors worst nightmare: missed opportunity!
Thanks so much for the holiday wishes! The same to you as well and thank you for the support and encouragement - and valuable feedback. Indeed, the venerable CFA Institute says that the biggest market timing risk is not being in the market (there are some great stats around this). It's about time in the market, not timing the market. NVIDIA proved to be a great cash cow, and they're still growing. I'm sure you've seen the math that shows the impact of getting into the market at an early age and it's incredible how much difference ten years makes. It's especially useful of the young man can avoid all the mistake I made. ;)