The One Thing You Need To Invest In - Pensioncraft's Ramin Nakisa

[@MakingMoneyPodcast]

✉ How to sort your financial life out - free newsletter guide We love the simplicity of Ramin's message so we've written a 6-part newsletter series so you can learn how to build wealth in the UK. Sign up here: makingmoney.email/newsletter-series

[@DamienTalksMoney]

Meeting Ramin in person was an absolute pleasure! I want to thank him for imparting his always calm and rational wisdom, but also for sharing the details about his personal life and KZbin journey towards the end.

[@Pensioncraft]

Thanks @DamienTalksMoney it was great to meet you both. I really enjoyed making it and hopefully we can make something else together soon!

[@chrismartin5870]

Damien, sorry to ask, but could you do a video on buying bonds on the Vanguard UK platform i.e. what they each are, when I should use each one etc. I know this would be a technical video, and I have tried to watch Ramin's videos....and i love the technicality of the bond videos...........but i cannot keep up, and get comfortable enough to make a buying decision. Thoughts? @@Pensioncraft

[@Paulie44]

Listened to this as a podcast on Spotify on the way to work today and found it a riveting listen. More podcasts with Ramin please 🙏

[@voice.of.reason]

Ramin is a top bloke

[@JulietVorster]

I’m in my mid 50s and watching all of you over the last six months has taught me more than I have ever learned about investing. I now have a portfolio and I have my grandson’s savings in a global index fund instead of putting a bit in the building society every month. Thank you and keep up the great work.

[@JamesShack]

Really enjoyed this, a very wholesome conversation! 👏🏻

[@timmygates8859]

Got into Damien’s channel a few months ago as a total novice. Binge watched that. Found Penion Craft. Binge watched that. Found this podcast. Binge watched that. So this was an amazing crossover, keep educating the masses.

[@MakingMoneyPodcast]

You must be well sorted for personal finance knowledge Timmy!

[@timo3626]

Podcast platinum. The chemistry between all three of you was something special. Ramin is the Sir David Attenborough of finance with his wise, almost whispered delivery. I’ve followed both your channels since beginning my investment journey 3 yrs ago and have been instrumental achieving my financial goals and in turn changing my life. Heartfelt thanks all of you.

[@Pik0l0]

The risk on bonds is inflation. Paying back with monopoly money isn't worth the risk. Best off in equities as they outperform in the long term.

[@Delorenzo-w5z]

around this time I’m more attentive! Its just inevitable that there's going to be peaks and troughs in the graph of economic growth or prosperity, there's never going to be one underlying cause that connects them all, embrace the opportunity, make interest, cashing up on dips.

[@mondimlotshwa3958]

Those calling stocks momentum a flunk aren't considering the long run. The companies themselves have not changed, it's the market that changed. Steady as it goes, and it'll regroup in weeks.

[@jadecarson5081]

If you are not too savvy with the market, it’s the best time! just buy and hold on strong companies or best you seek out areas within sectors that can help you sustain a balance in both growth and value overtime. In certain cases, it's even wiser to speak with a smartvestor to determine options best meant for you, I personally did this, and it works pretty well..

[@Delorenzo-w5z]

Well jade, my question is which stocks sectors should I consider adding to my individual fidelity, I intend to hold on for a decade or more.

[@jadecarson5081]

right now I’m being counsel on renewable energy, semiconductors, Ai chips which will be hugely integral on every sectors in the coming years. an absolute power move right now.

[@Delorenzo-w5z]

I genuinely think we are going all chips soon, seems like a lot of your interest is riding on this, I could really use your viewpoint.

[@shanecoughlan3363]

What a great guest, fantastic dynamic, banter and of course nuggets of financial insight! That was an hour well spent on KZbin ( for a change :) )

[@pj9375]

A man's gotta know his limitations. Brilliant episode. My favourite guys for personal finance ❤

[@hachimaru295]

A bit of genuine honesty carries a lot of kudos in this game . I would like to thank the 3 of you for the warts and all podcast today

[@DamienTalksMoney]

Lovely feedback thank you.

[@Pensioncraft]

Thanks @hachimaru295 I appreciate that! Ramin

[@kygo]

Great podcast, I love Ramin. He's one of the few financial youtubers that actually knows what he's talking about and doesn't use over the top hyperbole / click bait for views.

[@thelammas8283]

👏👏 People think very hard to outperform an index. 95% don’t. The key must then be not to think. Just buy a world index and forget about it.

[@rexmundi273]

Then comes Michael Burry telling about the index fund bubble.

[@Nano9.11]

​@@rexmundi273well Michael Burry said last year "sell everything", and everything has gone up insanely. So..

[@Cherpontcarp]

I’ve been critical of some of your videos, but credit where credit is due this was a very good one.

[@massafelipe8063]

Thank You for doing this, Ramin along with Ben Felix has been a greatest influence on my finances, been watching this channel a lot lately, keep on. Ramin allways seems like a really good, humble bloke while having encyclopedic knowledge about finance.

[@KingABVII]

Brilliant to see Ramin more layed back, really enjoyed that!

[@afrochic68]

Your episodes with Ramin are my favourites… I have watched it multiple times due to the valuable content and the great vibe between you all.. I still laugh a lot at your banter! Great work guys!!!

[@playingFTSE]

Best guest yet.

[@MakingMoneyPodcast]

High praise indeed!

[@goldgeologist5320]

This was a great secession. Keep them coming! The chemistry of the three of you together was amazing!

[@Equitybonds24]

One of the best and informative podcasts around. Once again thank you Damo.

[@leoncounsell8572]

Glad to see you back on, looking forward to the rest of the series.

[@MakingMoneyPodcast]

Thanks! It is great to be back, and we've got some brilliant guests lined up

[@lorddakr]

Love that you guys teamed up with Ramin

[@aidenburgess1011]

Awesome podcast. My favourite part was how excited Damo got when he was recalling teletubbies 😂

[@brendapowis2050]

Just watched this podcast, and subscribed immediately. You guys are amazing and dare I say it, funny. Loved your authenticity. Looking forward to watching more, helping me with my financial literacy. Great job. Fab guest too. Loved this.

[@lplate1000]

Superb episode. Ramin is another legend and love his sense of humour and his explanations and logic is second to none.

[@Pensioncraft]

Thank you @lplate1000 That's very kind of you to say. Ramin

[@MattMcQueen1]

I think this is your best podcast video yet.

[@MakingMoneyPodcast]

We loved it - and we also loved seeing Damo in awe of one of his KZbin heroes

[@konicky]

Trouble is if everybody invests passively in index trackers the markets will cease to function!

[@burgervanman]

Explain

[@donpeters9534]

I wonder if the bubble in the top stocks like NVidia is not in part due to the Passive Index Investing trend into Indices such as the S&P, which in themselves are Market Capital Weighted, so concentrating those passive investment inflows to the higher Market Cap stocks, driving the prices of those stocks higher...

[@PaulieR1976]

Best episode yet, loved Damiens fan boy sweats at meeting Ramin. Great work all, keep it up

[@DamienTalksMoney]

I was full on nervous prior to meeting him haha

[@FlyingFun.]

This was the most interesting and informative discussion I've heard so far, the mix of the three of you exchanging and learning and bringing up questions tha I have was perfect. This summs up what I have learned in the last 3 years of investing, I am retired and changed from owning a single house rented out that was paid for and my old home to investing and it has been a baptism of fire, I tried the 60/40 ls and that crashed and I tried various hl ready built portfolios and they lost 30 %, I now understand why they crashed and what might happen from now on, the 60/40 split would be an ok choice for me now but I have learned so much that I feel like I can manage it myself with fairly basic choices, vwrl for a good 50% or more when interest rates settle, the rest in cash basically short term bonds which I will feed into the vwrl up to around 70% keeping some bonds and most importantly an emergency fund which will be split between very short term bonds and pure cash. The sllight overweighting in different scenarios is something I will watch but not chase once rates are settled.

[@philwindows6932]

Absolutely entertaining, amazing work done on the motorhome. You will have to do a video on you riding your back, and one on issues about damp in a motofhome showing what areas are inspected and where the most common issues are.

[@remco2777]

What a lovely guy Ramin is. Great interview.

[@chrislovell]

Just discovered the podcast after being a Damo sub for a while, this episode has answered so many of the questions I've been pondering about my current strategy. Cheers lads.

[@noveltyrobot]

More than the facts the guest is spitting, what I really love is his voice.

[@manymoms920]

One of the best podcasts I’ve listened to. I’m 52 thinking about my strategy now I’d love to see content for this age group please, especially for those of us who are late to the game

[@hbh7868]

The legend himself

[@DamienTalksMoney]

T will think this is about him

[@hbh7868]

@@DamienTalksMoney Your all legends in your own right

[@WolframSCHROEDER]

Brilliant video. How impressive to listen someone this competent explaining complicated topics in clearest simplicity.

[@lentosh6287]

Talking about whether your funds overlap and are basically doing the same thing is really interesting... If only there were a website where you could say what funds you have and it would know what is actually in them, give you a mad Venn diagram showing you what you're actually doing and suggest new funds that would cover different areas of the market to avoid more overlap

[@murkeywaters]

Great video, Ramin is so good at putting investments in simple terms, even with his knowledge he feels Nvidia has peaked in this video (around Oct 2023 at $40'ish) 8 months later it is $130!!! Brilliant investor but just goes to show that no one knows how any stock/investment will pan out..

[@johnjones6890]

Welcome back! Looking forward to all the new interviews

[@DamienTalksMoney]

Thank you for waiting! Really appreciate you tuning in and i hope you enjoy season 2

[@Mouxbar]

First came across Ramin with about 1k subscribers - firmly watched since then, guy is a legend. Introduced me to Damien's channel as well. My thanks to you all 🙂

[@thepropertyflipper]

I've listened to so many podcasts and you tube videos on investments. I learnt more in this than all the others out together. Fantastic

[@alastairford7145]

Favourite. Episode. Ever.

[@travellingtom6091]

A good example of what you were saying about KZbin channels is Mallen Baker. He avoids sensationalism and keeps things as factual and honest as possible. As a result his channel grows very slowly but the audience is much more likely to be loyal.

[@gug1970]

interesting about fund managers not beating the index almost all of the time. Jack Bogle was stating this in interviews too - it certainly opens your eyes.

[@neodro4831]

I don't understand how people do not mention taxes when talking about Bonds (low yielding low voltality) and now add inflation we end up with zero or negative value of the corpus. Hence asset allocation should always be the focus with Bonds as a way to park cash for any type of correction

[@ThatFinanceShow]

What a great conversation this was, well done all.

[@iang6118]

wooooow, was not expecting this, but very much appreciated. Ramin as first vid for the next season, am curious as to who the others are.

[@DamienTalksMoney]

We have a few surprises!

[@tridau]

Surely everyone’s next KZbin search was ‘Tubby Custard Machine’ right?

[@nickjoslin1466]

Just listened to this video. I would say, agree passive investing is preferential in developed markets, but not developing markets.

[@MadderPrinciple]

Wow, this was good, Ramin is a legend! Great job!

[@AR-fy2qo]

Really great watch. Great conversation flow. Quality guest

[@maltesetony9030]

Fascinating & informed discussion. Thanks for uploading.

[@cameronpickard6829]

damien ive gone for the invesco ftse all world - whats your thoughts on that one?

[@trustthedogsheneverlies644]

You don't have to win to be a winner. Really appreciate the honest talk and will diving into the other videos!

[@clarenceishmael9615]

T's great because he asks all the basic questions that us novices want to know. 😊👏🏾👏🏾

[@DamienTalksMoney]

He is a legend and i am glad you think he adds value to the podcast

[@clarenceishmael9615]

@@DamienTalksMoney keep inspiring us! Thanks. 👍🏾

[@sach98]

Thanks a lot for this guys - this is great! Just subscribed

[@michaeldawson6309]

Great advice and sensible. Global passive seems the safest way to grow over a 5 year period decently without loosing your shirt on single stocks. I have literally just learned about MMF's and because the rates are so good at the moment close to 4.5% for me as a retired person I have sold 30% of my portfolio that was in stocks for MMF's for security and decent growth. If the rates go back to 2% I'll go back to Global ETF's

[@bonditltd5346]

My 3 favourite channels mentioned. Two here plus Money Matters. Excellent😊. I’ve been mistrustful of financial advisors as they’ve taken high fees & commissions over the years, but have managed to sack them and pull my pension back up by DIY SIPP - mostly index funds, a little money market & broad commodities.

[@PhillCurtis]

Ooo a new channel to binge. How exciting I'm 95% single equities. I sink so much time into it, years of reading and years of learning beyond just balance sheets and income statements, DCF, basic technical analysis, blah blah... You have to be on it all the time. But that global equity fund is starting to look far more interesting. Why fight the tide when you can float along. Damien said it well - you can control your income

[@george6977]

And expenses, and your time.

[@PhillCurtis]

@@george6977 yep

[@chrisf1600]

All the stuff you mentioned is a colossal waste of time. Even Ben Graham had given up on fundamental analysis by the 1970s.

[@PhillCurtis]

@@chrisf1600 give over 🤣 speaking on behalf of Ben Graham..

[@PhillCurtis]

@@chrisf1600 how are balance sheets and income statements and valuing assets a waste of time. Sorry! But you are wrong Buying security analysis and intelligent investor and putting them on your shelf doesn't mean much. Remember you actually have to read them 🤣

[@stu7803]

Ramin is simply the best communicator on finance issues.

[@imbarmstrong]

Ooh, this is going to be good. Plus Ramin's mellow tones could make an apocalypse sound fine... 😂

[@DamienTalksMoney]

My squawky accent could cause the apocalypse..

[@imbarmstrong]

​@@DamienTalksMoney😂

[@davidstuart3795]

Excellent podcast and glad to see it for a second season. Just a quick thank you for putting this content out there. I’ve recently gone through a change of jobs and taken a nice sum from my previous employer. I know if this happened a few years ago I would have wasted it all. I’m planning to save 70-80% of it and that’s down to you and James Shack. Thanks again for putting this out there and enlightening folks to their financial future.

[@marcw1]

Brilliant, been waiting for the long episodes to start again, thanks v much

[@MakingMoneyPodcast]

No problem at all, it is good to be (properly) back 🙏

[@davideyres955]

“It’s like a hair and they turtle“ 😂😂😂. Love this podcast, great guests.

[@TomRyanElliott]

This is one of the best you've both done as Ramin is great 👍

[@Pensioncraft]

Thank you!

[@jubaymc5875]

How do I like this twice? 👏🏾👏🏾👏🏾

[@micheallavelle1580]

Such a useful video with easy to understand and relevant information- well done guys !!

[@daveg3831]

Great podcast with Rami. I would like your thoughts on what he said about lowering the fund risk when approaching retirement? Evidence suggests this might not be the right thing to do. There are risks of running out of money , but to avoid this risk you should adapt your withdrawal rate to compensate.

[@sdavis7096]

Specifically what are the 4 or 5 funds he invests into?

[@Rothargar]

Love this, Ramin is a legend

[@LB-W]

So Damo when it was just you it was enough BUT now you have gone BOGOF. I love the dynamic between you guys and you have quality people on the podcast. So now I watch both channels. Thank you Damo & Jordo 😊

[@WorgenatorWoW]

Him talking about Nvidia being overpriced 3 months ago is scary.

[@christoph8429]

Ramin is such a great person

[@avtex108]

this is great, thanks guys! please do this again some time

[@jodywalton3117]

This channel rocks! Found you a week ago and I’m hooked!! Thanks for sharing such valuable and life changing content ❤

[@phonkshop23]

Bonds & MMF for consistency, etf's for long term growth, single stocks for short term high risk, high reward.

[@coderider3022]

Pensioncraft the most credible uk channel on this diy investing topic. Appreciate his honesty and openness. Passive developed world is what I do, no more. Need to be carful on us % longer term, 50-55 max.

[@ozzy2k11]

What's your opinion on the L&G Global 100 Index?

[@EdfromCanada]

Wow - this is such a powerful, objective video. The information can be used and applied in your everyday life in demystifying the disinformation propagated by financial advisors. Superb panelists that asked the right questions and set an excellent atmosphere. This was extremely well done - thank you!

[@josephuchennaugwu3796]

i recntly came in t the UK and these is the only podcast I love so much and I have learned a lot from ramin and making money podcasts just 2month in the UK. already set up my account and ready to ride the long journey in investment

[@minimad8793]

Has T graduated? the buzzer is missing :) great podcast guys. I enjoy Ramins dry sense of humour

[@MakingMoneyPodcast]

Well he learnt so much in series 1...

[@arsenalfootballuk]

My two favourites in one show! Brilliant

[@MakingMoneyPodcast]

Glad we could bring them together for you 🙏

[@Pensioncraft]

Thank you @arsenalfootballuk it was great fun to make!

[@samzun09]

Another great video guys, thanks.

[@DSonBlue]

Wow that hour disappeared very quickly (good sign!). In terms of the investment side of things it’s easy to lose sight of how many subjects you include (and they are all hot topics). Lots to admire. You all have slightly different perspectives but at the same time the level of warmth is very noticeable. Great pod.. vlog.. povlod.

[@mattinterweb]

So I agree that an Index or two is the best choice for most, especially in a rising market - but, that's also the thing, ... many think we will have a range bound market over the next decade and if that's the case and you want to see your money grow via equities you're going to have to do some stock picking. Though i agree it's good to be humble, what you don't know will kill you...

[@PhillCurtis]

To think i only discovered you guys and ramin recently. Ive had to binge 100s of hours of videos, to get up to speed on funds and bonds

[@johnnyfastfingers]

Loved this. Ramin is a special person.

[@markdavis2097]

Brilliant guys combining with Ramin. Loved digging about his past. Very smart guy. And also funny watch which made me smile at the end. Keep the content going👏👏👏

[@MagicNash89]

Some crypto does generate income though, through transaction fees, fees for securing the networks, lending etc. Gold doesn't do that on its own.

[@alexm7310]

Excellent. Thanks to all 😊❤

[@llamudos9809]

Am i mad only having 3 ETFs in my portfolio with no BONDS? S&P500 (40%) Russell 2000 Small Cap (20%) World ETF (40%) Strategy is: S&P500 for stability Russel for Growth World for diversity Just adding £5 every day (DCA) 25yr strategy. This is just an experiment. Have other incomes for retirement etc.. Its my fund and forget strategy. (Low fees) I'm 53 and started last year i made every mistake possible so now have started again from scratch.

[@terrybrown3486]

You may find you are 60% invested in USA as the world fund will be heavy on USA companies. You could do a world minus US ETF?

[@MoonPie44]

Love Ramin and pension craft ❤

[@MrDoyley35]

Fund managers get paid from the management fees. The more trades they make the more fees they get. So the fact they barely beat the SP 500 is a mute point in that they want to get as much money through fees as possible which transfers the alpha gained into their bank accounts instead of the pension fund clients they serve. Basically it’s a racket. They are intelligent enough to know that the Buffet approach is longterm the best strategy but that doesn’t yield the high fees that makes them rich in the shorter term.

[@marklydon435]

Most people's pension, 404k's etc are invested in these funds, is it any wonder why they do so well.

[@Tom_murray89]

I find ramni’s and your channels a great source of information hope you’re all well

[@buytolet-landlords]

I have never seen Ramin outside his house! If Ramin reads this... Hi Ramin 👋 I hope you're well. Long time no speak. Keep up the good work 😅

[@Bracebarian]

Great session. Two questions about using multiple platforms and UK regulation. Is Vanguard for UK investors under that regulation or would it be seen as a US company? Other than the increased Platform costs and obvious management overhead are there any other reason not to split a portfolio across 2 platforms.

[@anthonybrown4874]

Liking the alternative strategy and for someone with my dislike of gilts and corporate bonds which blunt the performance of funds typically found in pensions for instance. Looking forward to your next couple of themes.Cheers Tom.

[@darrenjervis1024]

Please excuse the noob question but what are the best tools/sites that you would recommend for comparing and tracking global indices ?