My 2021 Investment Strategy

[@williamcrossan9333]

Thank you for the vids Michael!

[@EX-ny9mf]

Hey Michael, watched a few of your vids across your channel. Good stuff! For your timeless investment strategy, can you actually show us where you’re buying index funds. Eg. How you setup up the account, which bank? Why did you choose that one. Any examples/comparison/recommendations of brokerage with different fees. And Yes… agree that your not a financial advisor, this is for informational purpose only and we won’t sue you ;)

[@MichaelFrancisVids]

Hi E X, I appreciate the kind words and glad to know you're finding my videos useful! I'm filming a video on this today so I'll link it to you once it goes live!

[@MichaelFrancisVids]

Hey E X, I've just uploaded the video. Check it out here! :) kzbin.info/www/bejne/aHqrdGt9mbSIpaM

[@Simon...........]

When you say emergency money. You have taken your full take home pay per month e.g. for you is 4000. However my take on emergency cash is to have 6 months of expenses saved. So that should the worse case arise i can keep a roof over my head and meet financial obligations such as bills and debts for 6 months. But that is only a portion of your take home. E.g. for me in the UK my take home is £1950 but my actual expenses for rent/food/bills etc (including memberships and mobile) is £881. So i have 6 months of £881 saved not 6 of £1950. You then have 12 months. So 12 months of your full salary take home pay saved. Isn't that overkill. Reason i argue that is because for me for example that would mean £23,400 saved 12 months full take home vs what i actually have saved (bills etc for 6 months) £5,286. That's a difference of £18,114. £18,114 growing in a very low risk all world etf tracker at an example 5 or 6% (adjusted for inflation) could yield a nice return and would be very low risk... Just to be devils advocate!

[@MichaelFrancisVids]

Hey Simon! I appreciate the thoughtful comment! You're completely right! I actually do base my emergency fund on my expenses rather than income because I'm in a similar situation to you where my expenses are a lot lower than my take home pay. In the case where your expenses are so low, it's great invest all the cash you can!!

[@Simon...........]

@@MichaelFrancisVids amen to that, heres to a bullish 2021. Are you investing in stock picks globally? Based in UK but most of my stock holdings come from asia and pacific/US or Germany. UK market is uninspiring. Especially since we committed economic suicide with brexit...

[@MichaelFrancisVids]

@@Simon........... ETFs are global but I'll just be looking at the Australian market for stock picking because that's what I'm familiar with and we get some nice tax incentives

[@chrisdickpt8373]

Bitcoin

[@MichaelFrancisVids]

😂 love it from you

[@chrisdickpt8373]

@@MichaelFrancisVids 🤣 BTC 🌕