People are fleeing from places like M1 after the whole yotta incident……When you realize your money may not be as safe as you think it is……Especially the savings account😑The fdic insurance may not help you because m1 isn’t actually a bank and if M1’s partner banks where they store your cash have issues with their books then it becomes a dispute and fdic insurance won’t kick in because the banks didn’t actually fail
@ArunRangarajan4 күн бұрын
Thank you, Paul. When you say bonds, which funds are included in it? I see that the yearly returns for 100% Bonds don't match any of these ETFs: BND, VGIT or VGSH. Is it some combination of multiple bond funds/ETFs?
@ArunRangarajan4 күн бұрын
Oh, I see the Data Disclosure PDF in the notes shows multiple funds for the Bonds portion (Intermediate Govt Bonds, Short-term treasuries and TIPS), but it is not clear how the returns are arrived at using those funds. Are those funds just equally weighted?
@ric-morris77634 күн бұрын
I have a 3 fund portfolio but I have finally decided to invest in ETFs, alongside. I’m looking at SCHD, VOO, XLK or SCHG
@KevinCollins-kg5hl4 күн бұрын
Great picks! I just surpassed 500K. Biggest positions VOO, VTI, SCHD, VYM, and now looking to build up DRGO alongside my single stocks. I got ~$14900 divs last year in taxable divs. Q2 taxable divs this year was ~$8k
@ric-morris77634 күн бұрын
thank you! Actually would it be silly to have both SCHD and VOO?
@KevinCollins-kg5hl4 күн бұрын
Not necessarily though there is a fair amount of overlap but that’s not necessarily a negative. Either approach is fine over the long term. Most important thing is to get started and build your income over time to continue investing more as time goes on.
@donhug-q8k4 күн бұрын
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!
@michaeltuck1-p4 күн бұрын
Almost at 2,500 shares of SCHD. For the first time I’m about to use some of my dividend income for a trip to Hawaii.
@juicyfruit100x5 күн бұрын
I use value funds with dividends as my bond replacement and im okay with that risk and larger upside potential
@Ballesteros-d5 күн бұрын
I lost over $300,000 investing in $GME and $BBBY, which was very depressing. Now, with low risk tolerance, I want to invest wisely. I’ve been researching index funds, ETFs, mutual funds, and growth stocks. I want a simple portfolio with about 3 holdings.
@FrankHaubrich-mt6gw5 күн бұрын
Sorry for your loss. Directionally this makes sense; $VOO, $VGT, $SCHD. Dollar-cost averaging into these ETFs will likely outperform most investors.
@AstridJohansen-z5 күн бұрын
I love SCHD and currently own 604 shares. I regularly buy more shares, but I also invest in growth stocks/ETFs. Right now, I focus on growth, but I plan to switch to dividend-paying value stocks/ETFs eventually. It’s advisable to engage guidance for a well-diversified portfolio instead of relying solely on speculations.
@M.Herlihy5 күн бұрын
I'm in line with advisory services cos, my job doesn't permit me the time to analyze stocks myself. Thankfully I got fully invested 2020 amid covid-outbreak, and as of today, my portfolio has 5X in 4 years, summing up nearly $1m.
@Linette-g-y5 күн бұрын
@@M.Herlihy i'm blown away! mind sharing basic info please? i am a young adult living in Miami where i've encountered several millionaires, and my goal is to become one as well
@M.Herlihy5 күн бұрын
Sophia Verdekal O'neal is is the licensed advisor I use. Just google the name. You’d find necessary details to work with and set up an appointment. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.
@MarriageKidsandMoney5 күн бұрын
Thank you for teaching us Paul!
@CarlJones-uc8qn6 күн бұрын
Mr Paul Merriman is an absolute gentleman and an inspiration. He’s helped me so much. Keep up the great work sir
@ufuksenol20056 күн бұрын
Don't simply retire from something; have something to retire to. Start saving, keep saving, and stick to investments
@PineHosting6 күн бұрын
It’s really heartbreaking to see how inflation and recession impact low-income families. The cost of living keeps rising, and many struggle just to meet basic needs, let alone save or invest. It’s a reminder of the importance of finding ways to create financial opportunities. You've helped me a lot sir Brian! Imagine i invested $50,000 and received $190,500 after 14 days
@nandojuace6 күн бұрын
Absolutely! Profits are possible, especially now, but complex transactions should be handled by experienced market professionals.
@LolMan-qy9cc6 күн бұрын
Some persons think inves'tin is all about buying stocks; I think going into the stock market without a good experience is a big risk, that's why I'm lucky to have seen someone like mr Brian C Nelson.
@ysareyes6 күн бұрын
Finding yourself a good broker is as same as finding a good wife, which you go less stress, you get just enough with so much little effort at things
@mfmcintyre6 күн бұрын
Brian demonstrates an excellent understanding of market trends, making well informed decisions that leads to consistent profit
@ArunRangarajan6 күн бұрын
Paul, thank you so much for all this information you are sharing for free. The two fund U.S. portfolio with 50% S&P 500 and 50% SCV is probably the easiest to transition for those following the 100% VTSAX portfolio. Many of us have heard for too long that the simple path to accumulating wealth is 100% VTSAX. Though the recent years have certainly been in favor of that, I am slowly diversifying out of it into AVUV (your best-in-class SCV recommendation) to get to 50/50. Thank you again!
@michaelswami6 күн бұрын
Paul’s best in class ETF I pick for small cap value is AVUV. Building toward 15% of my portfolio.
@howardsmith87236 күн бұрын
Greetings from the UK, I really appreciate all the information that you provide.
@drdontpassone81646 күн бұрын
merriman aaii guy
@johnoli29767 күн бұрын
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.
@RyanCoycox7 күн бұрын
There are many other interesting stocks in many industries that you might follow. You don't have to act on every forecast, so I'll suggest that you work with a financial advisor who can help you choose the best times to purchase and sell the shares or ETFs you want to acquire.
@duanec.duanec.sutherland52927 күн бұрын
When it comes to investment, diversification is key. That is why I have my interests set on key sectors based on performance and projected growth. They range from the EV sector, renewable energy, Tech and Health (AMD) alongside coins, and gold. I'm also working on an investment plan with my Fin. Advisor that includes AI looking into Nvidia, MSFT, Alphabet stocks among others. I've been utilising a financial advisor for more than 15 months now, and I've made over $800,000.
@morata-pw7 күн бұрын
I actually subscribed for a few trading courses but it didn't help much, been getting suggestions to use a proper financial advisor, how did you go about touching base with your coach?
@duanec.duanec.sutherland52927 күн бұрын
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Kathie Daisy Bosco’’ for about two years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
@morata-pw7 күн бұрын
Thank you for this tip , I must say Kathie, appears to be quite knowledgeable. After coming across her webpage, I thoroughly went through her resume, and I must say, it was quite impressive. I reached out to her, and I have booked a session with her.
@ld57147 күн бұрын
Great discussion with Andy, Marriagekidsandmoney, Paul. Larry, Central Valley, Ca.
@Mymindsgoingblanknow7 күн бұрын
I get a federal salary and my 401k is called the tsp or Thrift Savings Plan. I contribute 50/50 between the S fund and the C fund. The C fund is the S&P 500 and the S fund is small cap but I don't think it's small cap value. The C fund does better most of the time but there have been a few years where the S fund outperforms it and I'm hoping that before I retire I get another good year with the S fund.
@ArunRangarajan6 күн бұрын
You can try adding AVUV (small cap value ETF that Paul recommends on his web site) by holding it in your IRAs or taxable brokerage account.
@ArunRangarajan8 күн бұрын
Just wondering if it might be better to start with the simplest first I.e. after showing 100% S&P, start with how adding SCV in 10% increments works. When presented with the UBH first, it's quite daunting and I am afraid many are missing out on these invaluable lessons due to that.
@70qq10 күн бұрын
🤘🏻
@ecuvacano11 күн бұрын
@PaulMerrimanSoundInvesting, are all the tables you reference across these boot camp videos available for download in Excel/Google Sheets format? I want to easily compare the different portfolios, and PDFs are just an obscene way of doing it 😂. Regardless, of your response, thank you and your team for these awssome resources and teachings!!!
@hkpo2011 күн бұрын
hi- I've done the entire boot camp and love the AVUS as the better option to VTI. Do you suggest a similar fund for international stocks (and emerging markets)? I.E. a little bit more concentration on value and small? Seems like a sensible tweak to the typical three fund portfolio- combining simplicity and a bit more diversification.
@utahdan13 күн бұрын
Is there an additional fee to hold AVUS within Vanguard?
@ArunRangarajan12 күн бұрын
No. It's an ETF, so you don't pay for buying or holding it in Vanguard. The only fee is the fund's expense ratio (0.25%).
@user-xn1xq8yf3k13 күн бұрын
I wish they would discuss sell limit orders and especially trailing stops. Seems like a good way to limit my losses in retirement.
@BruceKaplan5 күн бұрын
They are buy and hold investors and don’t recommend limit orders and trailing stops, because that is market timing.
@sroher113 күн бұрын
very helpful and educational!! thanks so much!
@ld571413 күн бұрын
Hi Chris and Paul. Great video, analysis and discussion as usual. Thanks for all you do. Larry, Central Valley, Ca.
@BB-cs3kk14 күн бұрын
Recommendations to add AVUV to AVUS seems like over tilting to value. May be too difficult to stick with. Best chart is probably one presented by Chris showing SWR with different assets combinations. Sweet spot for scv around 30% of stocks.
@Ballesteros-d14 күн бұрын
The problem with Vanguard Target Funds are that they start too heavy with Bonds early on and get worse over time. I'd suggest if you go with them, then pick one that is about 10 years above your actual target date. Other brokerages offer better allocations but higher fees.
@Biggerstaff414 күн бұрын
Mine currently is allocated at 10% bonds. Is that too much? I’ve heard that having some bond exposure isn’t a bad thing. But i'm also looking at advisory services to better my finance
@M.Herlihy14 күн бұрын
Go for it. When it comes time to growth investing, I would not have any more than 10-20% Bonds in my portfolio. Following the guidance of a seasoned advisor did the trick for me, helped turn my one year salary to 5 figure monthly dividends.
@StephenTho4214 күн бұрын
@@M.Herlihy sounds good, looking for dividend returns but a super noobie, how can i reach out to the advisor that guides you please?
@M.Herlihy14 күн бұрын
Katherine Nance Dietz is the licensed advisor I use. Just google the name and you'd find basic info. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.
@FrankHaubrich-mt6gw14 күн бұрын
thanks for putting this out, curiously inputted Katherine Nance Dietz on the web, spotted her consulting page and was able to schedule a call session, she actually shows a great deal of expertise
@Kep1990114 күн бұрын
Howcome chris doesn't recommend DFAC? it seems to be tilted more towards smaller companies than AVUS, is i the slightly higher expense ratio? Also, I can invest in DFSV or DFSVX for 0 cost difference. Which would you suggest? Or are they exactly the same? Also, also, why does Avantis and DFA leave out REITs in their total us market funds?
@SpaceTravel177614 күн бұрын
Check your local library, some offer free access to Morningstar's paid service through their website (library card required).
@Bobventk14 күн бұрын
Yikes paul
@ArunRangarajan17 күн бұрын
Thank you so much for this wonderful discussion. The only distraction was the cell phone alerts that kept on going through the discussion 🙂.
@obrienortega694218 күн бұрын
First and foremost, I thank you for your wealth of knowledge. As for M1 finance, the only thing I like about M1 finance is their pie charts. However, i'm not a fan of their fees. M1 finance started charging fees (I believe $3 a month) if you have less than 10K in your M1 finance account. M1 Finance transfer fee is ridiculous, $100. I transfer my account to Fidelity. Couldn't be any happier. Anyways, thank you Mr. Merriman and Mr. Pedersen for your excellent content.
@johnwallace589220 күн бұрын
Thank you for doing this!! It's great.
@GantaVision23 күн бұрын
Paul, Many thanks to this valuable content. I really appreciate it .
@robertthomson934024 күн бұрын
first off I want to thank you guys for everything you do and have done. My question which someone below also noted is the information on the screen is so small that I can't really read much of it. I can follow the general steps but I would love to view and understand every thing all the data that is presented on all the screens as you go through the example. Is there anyway to do that or is this sample example you use available to us to try out somewhere perhaps at M1 web site with out being commited to starting an account thanks again bob t;
@chriskpedersen22 күн бұрын
I'm sorry about the small fonts. This video was based on the M1 Finance web interface. The application has larger fonts, but it may be less comfortable for some viewers to do phone transactions. I've used Camtasia in the past to zoom in while doing demos like this, but it complicates redacting personal information. I'll keep working with M1 to see if there's a better solution for our next video. In the meantime, maximizing the viewing window by clicking the four-corners icon in the bottom right corner of the video window should help.
@robertthomson934021 күн бұрын
Thanks for the idea
@xaldath426526 күн бұрын
Been with m1 since July of '21. So far, no real gripes. For the DiY investor who wishes to invest using the same principles you guys share, I believe they are amazing. So many of the negatives I hear are from people who don't want to invest in the way M1 encourages anyway. They want to use limit orders, get interest on their settlement funds, and trade options...all things related to *active* investing.
@paulmerriman294724 күн бұрын
Most of the complaints I have heard have to do with expectations beyond what M1 offers. They don't do everything but for those who fit they seem to be an excellant choice.
@chriskpedersen22 күн бұрын
That's great to hear and consistent with my own experience. I agree that it's an excellent solution for DIY buy-and-hold investors.
@noveltyrobot27 күн бұрын
I used to like these men... Now I LOVE these men.
@chessdad18228 күн бұрын
I've been using M1 for years. I enjoy the pie structure. Just received a nice dividend from M1 holdings today.
@paulmerriman294724 күн бұрын
Thanks for sharing your experience with M1.
@ld571428 күн бұрын
Thank you Paul and Chris for this vidoe. I am going to be working with my grandkids and encourage them to use this platform to get started. It was difficult to follow as the image on the screen was very small so difficult to see well. It also needed info on the account types that could be opened; such as traditional IRA, Roth IRA, Brokerage, 529, HSA etc - what all are available? I'll have to do a bit more research. Thanks for all you do at the foundation and keep this great content coming. Larry, Central Valley, Ca.
@paulmerriman294724 күн бұрын
Thanks Larry. Good luck in helping your grandkids. I've done that for all of my grandkids and so far everything seems to be on track. Of course I won't know if my intitial dreams will be fulfilled. A list of investment products is good suggestion for the next piece we do on M1.
@IlianaReyes-w7dАй бұрын
I aspire to follow Paul’s leadership so that I can achieve abundance and be able to serve others generously. Thank you!
@LGonz-LАй бұрын
So looking forward to dive into this book. Paul you provide a wealth of information and not only do I plan to consume it, but I plan to share it and very importantly have a wealth(s) mindset to positively impact my family. Thank you.
@markmap4677Ай бұрын
Presentations like this which derive expected returns over a performance history whose dynamics, historical detail, and circumstances have been “unusual”, may need to realize that expected returns going forward may change, as circumstances have become more “normal”. For instance, Tables C1 and C9 depict returns of “bonds” over a period ( 1970 - 2011 ) whereby there was an anomalous spike in inflation ( known in academic circles as the ‘interest rate mountain” IRM ( AQR research )). Because of the impact of “dual oil shocks” , and the “mistakes” made by the Nixon and Carter administrations in the management of price inflation in the 1970s, the inflation rate rose to levels that were much higher than “should have” been. Undoubtedly, going forward, an inflation of this magnitude will not occur again, as modern administrations / Federal Reserve boards are much more “experienced” and are more adept in dealing with inflation - as witnessed by the most recent inflation event ( 2022 - 2023 ), an inflation that may have been much worse had the Federal reserve not acted promptly and decisively. Therefore, the bond returns depicted in the Tables reflect a higher average return produced over the IRM period than the returns produced over the more “normalized” period in the decades that preceded it. And it can be assumed that post 2011 ( the “end” of the IRM period ), the interest rate “term structure” has entered back into a more “normalized” range ( absent the recent inflation period ). Compound annual returns for “bonds” over the IRM period were 7+% ( this because the returns contribution to bonds’ return was much higher, as the average interest rate was higher, as rates slowly worked their way lower ), whereas returns over the suspected normalized 2012 - 2023 ( and beyond? ) period have been 1.5% ** ( with general rates residing within a "range" of between, say, 2.5 - 3.5% ). That’s quite a performance differential when considering incorporating bonds within a 30/40 year portfolio lifecycle “glide path” ( Target Date fund ), this having been a typical bond exposure averaging 40% ! In the book "Work, Retire, Repeat - The Uncertainty of Retirement in the New Economy", Teresa Ghilarducci cites that only 15% of U.S. retirement aged citizens have "enough" or "excess" savings / investments accumulated to live in "financial independence". This means that if portfolios that have produced “higher” returns over the past ( higher bond returns over the IRM period ) couldn’t help a portion of that “85%” cohort enter financial independence, how will portfolios producing a lower returns going forward help this situation ? There may have to be a rethink of portfolio design, perhaps with portfolios containing much higher allocations of equities ( S&P500, small cap value, etc. ) versus bonds over the glide path - this in order to match the returns of the 60/40 & Target Date returns of the past. ** Vanguard Total Bond Market Index Inv
@paulmerriman2947Ай бұрын
Thanks for the thoughtful comments regarding bond returns over the last 54 years. I will make your comment the main topic of our newsletter in the coming weeks. There are a number of things that make the 1970-2023 period unique. The fact that it includes a 25 year run of over 17% for the S&P 500 makes it unique. As I have noted before, I am extremely lucky that I was born in 1943. That made me an active investor during the 25 year raging bull market.
@lslurpeekАй бұрын
Paul this was an excellent presentation. I'm sharing it with a lot of people that need to hear and learn this stuff.
@cortez9978Ай бұрын
My portfolio of 200k is not increasing any more than 5% and we seem to be facing a massive crash now. I cant tell where the market is headed, perhaps I should just sell off and avoid the panic, or are there specific ways I can mitigate risk and benefit from a crash?
@JayMomoa-4Ай бұрын
i'd advise you redistribute assets in your portfolio with the help of a license professional so you don't get burnt in this volatile market
@albertzalez32Ай бұрын
Agreed, I was doing pretty good initially not until the rona-outbreak 2020, so I started utilizing a seasoned advisor and got back to winning days. I was overwhelmed by the returns, so I increased my investments and to date, I'm just about 10% shy of my $1m goal.
@Ballesteros-dАй бұрын
@@albertzalez32 very encouraging for folks starting out like myself, who is the advisor guiding you please? I could really use a help
@albertzalez32Ай бұрын
Katherine Nance Dietz is the licensed advisor I use. Just google the name and you'd find basic info. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.
@M.HerlihyАй бұрын
excellent share, curiously inputted Katherine Nance Ditz on the internet, spotted her consulting page ranked top and was able to schedule a call session. Ive seen commentaries about advisors but not one looks this phenomenal
@FlagstaffChiefАй бұрын
Thank you, Paul, for declaring a preference for Roth accounts over Traditional. It’s such a painless way to increase your eventual distributions by whatever tax rate the investor finds himself in each year after retirement. Also, there are no complicated decisions to make later about ‘Convert or Don’t Convert,’ or which pool of savings to withdraw from first. 1:10:04
@70qqАй бұрын
🤘
@MarcelinaMakowskiАй бұрын
To achieve a secure retirement, aiming to save at least 15% of your income in a 401(k) is advisable. Online tools can assist in calculating the best savings strategy for you, considering factors like age and income. Consistently saving this percentage can help build your retirement fund effectively, thanks to the benefits of compound interest.
@Michelle_Sanders561Ай бұрын
For me, I believe retirees who struggle to meet their basic needs are the ones who could not accumulate enough money during their active years to meet their needs. Retirement choices determine a lot of things. My wife and I both spent same number of years in the civil service, she invested through a wealth manager and myself through the 401k. We both still earning after our retirement.
@santajusta4821Ай бұрын
Unfortunately, most people don't have such information. I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than $875k by just investing through an advisor, and I don't have to do much work. Doesn't matter if the economy is misbehaving; great wealth managers will always make returns.
@EricLamptey-v1pАй бұрын
@@santajusta4821 You're correct. I think the smartest way to go is to spread out your investments. By putting your money into different asset classes like bonds, real estate, and stocks from other countries, you can lower the risk if one part of the market goes bad.
@EricLamptey-v1pАй бұрын
That's quite remarkable! I'm genuinely interested in benefiting from the guidance of such experienced advisors, especially considering the current state of my struggling portfolio. May I know the name of the advisor who has been assisting you in navigating these financial challenges?
@santajusta4821Ай бұрын
@@EricLamptey-v1p Cynthia Alexandra Jackson
@vin.handleАй бұрын
In citing these figures on accumulation of your investment, I never hear anything about re-investing dividends and capital gain distributions. How do these affect the results?
@muffemodАй бұрын
If you have to ask you simply just don't know!
@vin.handleАй бұрын
@@muffemod I am asking because I don't know and the creators of these videos don't reveal to investors an obvious question. Are dividends re-invested and how does that change the long-term results of these investment strategies?
@muffemodАй бұрын
@@vin.handle oh Chocolateface, if you really understood the game, you'd know reinvesting dividends is like adding sprinkles to a sundae. Without it, you're just eating plain vanilla. Next time, ask yourself: do I want the sprinkles or just the cone? Get with the program, my guy!
@vin.handleАй бұрын
@@muffemod The question is to document how much re-investing dividends adds to total return of a portfolio over time. Talk about adding sprinkles to a sundae is irrelevant and laughable unless you can explain to investors the comparability of an investment portfolio and an ice cream sundae.
@lslurpeekАй бұрын
@@vin.handleIt includes reinvesting dividends. He talks about it in his podcast
@LGonz-LАй бұрын
These videos are so valuable to me and my family and I pass it forward to those who are interested. Thank you so much
@GOGOIchigo172 ай бұрын
Great walk through! Thank you so much. You're very good at explaining things step by step. Hope to see you in more videos
@GOGOIchigo172 ай бұрын
Bless you for making these. There is so much info online that it is overwhelming to discern good vs bad financial advice. Starting out feels almost impossible. The way you talk and present information is so comforting and relatable. Thank you so much. I'm excited to watch the rest of the series