How To Invest $1 Million | Live Q&A

[@jiyadavi]

With the global interest rate spikes, steady erosion of consumer savings and post-COVID pent-up demand, and deeply troubling global geopolitical context will result in market declines and re-emergence of market volatility

[@FlagstaffChief]

The "best 80's music." What is that? 1:14:49

[@RobWilliams007]

Take the lump sum, have control and what happens if the state goes broke? Inflation etc.

[@marceloastudillo6562]

Is good time to buy more bonds, BND?

[@Username_CC_]

If it matches your target asset allocation

[@jmc8076]

Learn to self educate and DYOR. Search: -diff btw longterm vs short term bonds - govt vs corp bonds (risk vs benefits etc) -BND holdings - your own goals/allocation etc Then decide if BND is good for YOU now. Use videos like Rob’s as good sources of gen ideas and info vs what you should do. Cheers

[@ryann8348]

I'm doing BLV. Long-term bonds took a real dump when interest rates were hiked, and I bought in recently, wanting to take some capital gains when interest rates are cut

[@UpRiverRafting]

Would you buy a T-bill from TreasuryDirect or a bank/broker/dealer? If TreasuryDirect, would you just trust that the rate is good? It seems weird to not know what you are buying until the competitive auction ends. If bank/broker/dealer, who would you go through and is it still tax free? Thanks

[@FlagstaffChief]

Remote controls were available in the late 50's. 40:14

[@RobWilliams007]

I was the remote and the bunny ear holder/adjuster. I had a friend whose parents had a remote and it physically turned the knob on the tv.

[@TedWesterfield]

Index funds and stocks: DE, BERK-B, Cost, AAPL, MARKEL

[@HamiltonRb]

AAPL is the major holding in BRK.B, so not sure why you would hold both

[@TedWesterfield]

@@HamiltonRb Because AAPLE has NEVER let me down. I’m not afraid about higher concentrated holdings-nor does Charlie Munger. If it’s ok for him then me too.

[@charlielipthratt7291]

​@user-qp5to9ct7g - All it's going to take is the president of China to publicly comment that Apple is not good. A large customer base will still have to dutifully follow and the stock will drop. It's not a problem to be concentrated as long as you understand all the risks.

[@wilma6235]

@Rob Berger how so you purchase T bills, thru your brokerage account? Or your local bank?

[@bribradt3450]

There are ETFs and mutual funds that allow you to invest in treasuries

[@rv-ollie]

I'm trying to figure out when Bob publishes his live streams, ahead of time. Where is the best place to track the schedule?

[@casmithc2]

Look for him on Mondays at 7:00 EST.

[@boggy7665]

He told us he'd try to let us know farther in advance. He doesn't schedule them much in advance, but does them when he finds the time.

[@geraldbingham2626]

With American Funds $1000000 or more gets rid of the front load fee so you can purchase active managed funds with only a expense ratio with some advice from a broker.

[@stephenlupi4547]

Retirement Stock Portfolio: 25% SCHD and DIVO. 10% Each MOAT, SPGP, JQUA, CGDV, DIVI.Boom

[@Cygx]

Last time I checked short term 1 - 3 month T Bills are paying 5.3%. There really is no point in buying cooperate bonds because they pay less.

[@joelcorley3478]

Hardly. Go look at FLOT. Investment grade corporate floating rate bonds. Average Yield to Maturity as of Aug 18, 2023 is 6.24%. Corporates debt also has an inverted yield curve similar to Treasuries, but you still get a premium for corporate debt over government debt given otherwise similar terms. I also know of some individual preferred stocks that have an investment grade credit rating that are paying close to 8%. Is it worth buying corporates given these spreads? Maybe not, but there is a premium to be had for buying corporate debt.

[@howardfriedman7077]

You can lock in higher returns for much longer periods with corporate bonds.

[@ChrisKAloha]

How about 4 million?

[@Jeff-Dr]

You mentioned things happen slowly until they happen quickly, Robert Kiyosaki said something years ago that has stuck with me. “How do you go bankrupt? Slowly at first then suddenly” for some reason that simple sentence terrifies me.

[@BrianSchoedel]

Google Keywords & ads are driving content creation with the big publishers. Has nothing to do with real advice and insight. Start with alternative assets like the ad losses all credibility with that publisher.

[@bkozulla5841]

👍🏼

[@rmkofmd1398]

One million is too pedestrian. Dr. Evil wants to know how to invest ONE BILLION dollars.

[@SueTNguyen]

I love your comments @rob berger. These articles are lame. I don't even read them any more. I wonder if they are written by 20 y/o

[@kkesq11]

I must respectfully disagree with Mr Berger. If you sell shares to pay bills, eventually you will run out of shares. If you use dividends to pay bills, you will not run out of shares. The fact that an ex-dividend stock is reduced in price by the dividends amount ignores the fact that a high-quality investment will recover its price. In the real world selling shares to pay bills requires share replacement. A retired person doesn't generally have new income with which to reinvest. Therefore, for a retired individual paying bills from dividends is preferable to selling shares, regardless of whether the value of the investment is the same.

[@joelcorley3478]

No, it doesn't. You are assuming share price is a constant. That's almost never true. With most companies, the idea is to grow the company and with that they grow the share price. If your distributions are small enough, over time you will need to sell fewer and fewer shares to cover expenses - at least if the growth outpaces inflation. And then there's the eventual possibility of a stock split...

[@ArthurDentZaphodBeeb]

Total return is what matters - divvy-payers usually have lower total return (mainly because they aren't as tax efficient).

[@playacabo6289]

This is not correct. You need to do more research on this topic.

[@charlielipthratt7291]

​@@ArthurDentZaphodBeebhow are dividends payers not efficient, not including covered call funds? Dividends from something like SCHD that Rob mentioned earlier pays qualified dividends. So it is the same capital gains as selling a long term stock.

[@charlielipthratt7291]

​@@ArthurDentZaphodBeeb - just for research, check out the total return of SCHD, as well as the 5 and 10 yr CAGR. Curious what you think.

[@jmc8076]

Video on YT w/more info on Masterworks and good doc videos on reality of art world. Edit: $100M: good sml private financial firm and incl good mining funds and BTC etc, CA (chartered acct), lawyer. I’d set up a trust as legacy for specific donations and hold mult sml RE for diff times of yr and investment to rent out thru mgt co when empty incl Germany near the Nürburgring for husb and his friends. He’ll do last one over golf or a beach. 😂

[@judyhall5624]

Can he possibly drag this out any longer too have and get paid for more advertising?.....😊😅😮😂

[@jonathangilmore3193]

Too chatty, self-referential and off target for too much of the time for me. A little more focus on the subject at hand would be more appreciated!

[@MRkriegs]

This is a livestream and ur complaining it's too chatty. 😂😂😂

[@bdflavors1347]

you confuse me. selling shares isn't the the same thing as spending dividends. Once the shares are sold the dividends cease. Again, you confuse me.

[@joelcorley3478]

He means cash from stock sales and cash from dividend payments are fungible. They're equivalent. Also, if a business were to distribute a dividend equal to it's entire net worth, it would effectively go out of business and it's shares would become worthless. A dividend distribution diminishes the value of the stock you hold. So does the sale of stock. So it is the same thing

[@charlielipthratt7291]

​​@@joelcorley3478 HI Joe - I'm curious about your statement "A dividend distribution diminishes the value of the stock you hold." Do you really think that Buffett feels his shares of Coke and Amex are diminished every quarter? He gets many millions of dollars every year from them. If they were diminishing assets, he would move on to something else. When you reach retirement, dividends and growth are both important. There are some crappy and overextended companies that pay dividends, but there are good ones too that are growing assets.

[@jmc8076]

Did you watch his videos on dividend investments incl living off them? More detail.