Investing & The Global Economy

Investing & The Global Economy - Live Q&A

Рет қаралды 20,645

PensionCraft

Күн бұрын

Пікірлер: 35

@masoncnc 8 ай бұрын

Boost your volume settings

@NVSTRZ34 8 ай бұрын

I really enjoy your content. Always drop in and watch. Cheers from across the pond. 🍻

@Pensioncraft 8 ай бұрын

Thanks @NVSTRZ34

@sebfox2194 8 ай бұрын

My brother worked as a chef for a while, and this Christmas, he mixed a small amount of caremelised brown sugar and some bacon bits with our sprouts. They were the best tasting sprouts I have ever had. The usual bitter taste was completely removed, and the sprouts had absorbed the flavours of the bacon and brown sugar. They were only slightly sweet, not overly so, but the removal of the usual bitter taste was a game changer for me. I've never eaten so many sprouts in one sitting before.

@chrisyates2591 6 ай бұрын

Really like your clarity and delivery Ramin. You are a great and very knowledgeable and skilled teacher.

@Pensioncraft 6 ай бұрын

I appreciate that! @chrisyates2591

@mwscuba 8 ай бұрын

im in the very fortunate position of being 53 and all in the stock market , global tracker exposure ( but with only a 45% US tilt) but also have a DB pension that will cover over 28k. your videos are great and all very informative but i do wonder how my kids will manage in the future as nothing about finance is taught in schools

@MagicNash89 8 ай бұрын

True, but I heard finance IS taught in some schools and where it is taught most just don't care, which is of course typical for schools🤣Ramin also mentions the same attitude in the video. In the end it is a parent/child thing first and foremost, you can't make a kid, a teenager an even a young adult care about these things otherwise. This probably has to be started very early and carefully and with incentives - has to also be paired with financial prudence with is not easy to maintain as an adult let alone a kid.

@kygo 8 ай бұрын

How do you have a global tracker with only 45% US?

@mwscuba 8 ай бұрын

@@kygo I make one up from a few tracker funds. In fact 5. Tho I stole the idea of Mr Pension Craft so wasn’t really my idea

@RogerYeahmon 8 ай бұрын

Business and Economics is taught at A-Level, it's just mindnumbingly boring

@kevinu.k.7042 8 ай бұрын

This was a superb live broadcast. Thanks too for answering my question. Cheers

@Pensioncraft 8 ай бұрын

Our pleasure! @kevinu.k.7042

@michaelhansen5608 8 ай бұрын

Won't the Luxembourg domiciled effectively be taxed 30% on US dividends vs. 15% for an Irish domiciled fund? Even at 1.5% dividend yield for the blue chip US stocks that will effectively be an extra cost of 0.225% per annum and therefore not very attractive? That's at least what I have thought about the fund. And does anyone know if there is difference between Luxembourg and Irish domiciled stocks in terms of Japanese dividends now we are at the topic?

@michaelhansen5608 8 ай бұрын

The above obviously has the flaw on indicating a 100% US position, but even at 50% US holding in the fund it doesn't change the conclusion.

@michaelwilliams-nq6zg 8 ай бұрын

Took me a while to figure out why the VIX was up yesterday.

@MagicNash89 8 ай бұрын

The "stop loss" strategy answerat the end with the "glitch" sale is spot on, this is the risk for ETFs as well, not just stocks, or high volume trades in currencies... you are quite unlikely to get compensated for this. I would never use this, unless you are a day trader or smth. Which the user specifies he isnt.

@coderider3022 8 ай бұрын

Why did you swap to that developed world etf from the similar developed ex uk ? Cost or was it based on currency etc?

@nonexistent5030 8 ай бұрын

Your "market timing" doesnt really constitute market timing imo. It moreso looks like patiently waiting for bargain hunting opportunities. Market timing is more like buying cus the market will do X or selljng cus it will do Y. But buying into fear driven sell offs is just classic contrarian value investing.

@MagicNash89 8 ай бұрын

Market timing involves making deals based on fundamental factors as well if you want to use that, so "buying into fear driven sell offs" also fits. Contrarianism in market timing is also a strategy as far as I know about the topic. I feel like its a very theory-heavy topic, and in the end it doesnt matter as much if you are not a trader and you drip feed into smth with a long-term goal.

@genericusername5909 8 ай бұрын

What is the yearly fee equivalence of a currency exchange fee x for deposit and withdrawal? (Or 0.5% if a fixed number is preferred over the variable x)

@MagicNash89 8 ай бұрын

Most all world indexes typically involve just 10-12% of emerging markets...which is low, and while this might have been a good decision last and previous year because most emerging markets went down due to Russian invasion and other facctors like Chinese slump. Still, most of these indexes are much more accurately described as "international developed" than truly "global". This is why I hold a separate emerging market etf, even though I dislike how that is tilted towards China and Taiwan🤣Or alternatively Brazil and India. With little exposure to Africa and many other actively growing states.

@VoiceOfThe 8 ай бұрын

An index weighted with EM will have its day over a more standard global fund one day. Some years you’ll lose, others you will gain. That’s the nature of long-term investing. Sticking to your original plan is key in my opinion. Chopping and changing chasing the highest returns in the moment isn’t the best policy.

@MagicNash89 8 ай бұрын

@@VoiceOfThe Who said anything about chasing the highest returns here? Certainly not me. I want the larger EM exposure because EM countries play a bigger role even right now than the 10-12% allocation in these indexes that they are given. And are expected to play a bigger role in the coming decades.

@VoiceOfThe 8 ай бұрын

@@MagicNash89 To be clear, I wasn’t directing my last paragraph at you personally per se. I was speaking generally, as others would be reading. I agree. I have the Global All Cap as my global fund as I wanted exposure to emerging markets.

@MagicNash89 8 ай бұрын

@@VoiceOfThe No offense intended or taken just to be clear! I just hear the argument of higher returns for EM long-term potentially all the time, when Im not increasing my allocation of EM for that particular reason, but because so many EM countries have still the natural potential for growth at all due to still high birth rates, ever increasing consumption just because of that fact alone and everything that goes with that, when most developed economies are past this "easy" stage. I will have to look at the global all cap. Cheers

@mwscuba 8 ай бұрын

Is there entry and exit charge on the Amundi fund ?

@pj9375 8 ай бұрын

Thank you Ramin, Interesting re market timing. This January I decided to reallocate my core portfolio from fundsmith to VHVG. Sold fundsmith in it's entirety. Ive taken the santa rally gains and now putting into VHVG, but should I do that in one go or now drip feed into VHVG... It's quite a big balance to reallocate at 200k plus and I've started dripping in 20k increments. Didn't mean to time the market, but inadvertently I find myself here 😂

@stevetop5970 8 ай бұрын

@pj9375 what is your preference regarding VHVG? As uk investors we can buy VUAG which I think is equivalent to VOO.

@pj9375 8 ай бұрын

@@stevetop5970 S&P a bit too focused for my core. Tracking 500 US companies vs 2000+ from Developed world. Can’t deny those returns tho S&P has done very well. There is naturally an overlap, but I want broader exposure.