Yeah, this is my approach. The "price" will be whatever the price will be. Maybe a Big Mac costs $5, or $7 or even $10. It doesn't matter too much in the long run. Just stay invested in profitable companies which are either A) Aggressively expanding B) Recognized market leader with dividends payout. Just stay invested in good companies and everything else will work itself out. And if it doesn't.. well, then we probably have bigger problems to worry about.
@SKITTLELA2 жыл бұрын
Fantastic interview--even if it was just audio! Solid, down-to-earth, timeless advice by Mr. Clements.
@joannemeeks7452 жыл бұрын
Always enjoy your guests and perspective
@celestialfix2 жыл бұрын
Get well soon Consuelo.
@carolnichols19002 жыл бұрын
Is there a way to pay one time fee for investment advice then leave money alone in order to not pay a monthly management fee?
@scottfuscomusic2 жыл бұрын
Yeah, go to a fee based financial planner
@ohthatpaul2 жыл бұрын
Yes, a fee only financial planner.
@ednan92 жыл бұрын
That was great question that why not convert everything to Roth. And he is absolutely wrong. No tax is better than any tax, pay tax now rather than hope for better tax later
@justinbristol83152 жыл бұрын
Buying nasdaq left and right. 30 year time horizon. #QQQ #TQQQ thanks Consuelo.
@scottfreeman41902 жыл бұрын
Why would I buy stocks at close to all time highs right now? It feels like locking in losses over the next 5 to 10 years.
@ardentenquirer85732 жыл бұрын
Why? Looking at the US market many stocks seem to be overvalued Try a foreign market...some stocks look fair value
@xinzhang62412 жыл бұрын
He is just talking about a common strategy, because timing the market is not easy. I predicted covid crash, but I didn't get the covid hype, you know.
@rabbitshadow36172 жыл бұрын
You’re right, wait 10 years, then buy stocks!
@ohthatpaul2 жыл бұрын
There's no reliable way to beat buy and hold. Some market timers might get lucky but on average and over time, buy and hold beats everything else. Stocks for the long term.
@vids4anand2 жыл бұрын
Your videos are by far the best of all the garbage out there. Few views equals scarcity of common sense.
@Rational_Investor2 жыл бұрын
I agree. In addition, I'd recommend 2 other excellent quality series that can be seen on KZbin: "Rational Reminder Podcast" or "Common Sense Investing." These are produced in Canada but deliver excellent and sound advice, taking an evidence-based approach to investing. Really unbiased, chock-full of information, and enjoyable too!
@danielrussony2 жыл бұрын
how about luk oil as an international investment?
@slovokia2 жыл бұрын
Very low real interest rates produce an environment of very expensive asset prices. The prospective real returns that investors can realistically expect are low no matter what they invest in.
@TheChinaPlay2 жыл бұрын
Get well, Consuelo.
@MentalistJosephMichael2 жыл бұрын
Equal Discovery Option Proliferation. Not Primitive Realm Era Demonization
@jamesscott94712 жыл бұрын
That is right 👍
@darich292 жыл бұрын
Sure, this is the propaganda of the billionaires. Stay in cash until you see an obvious turnaround.
@ardentenquirer85732 жыл бұрын
I heard it said cash is trash...you just do not know where the turnaround will come
@fongstar2 жыл бұрын
This guy invests in index funds and he is tell us about the market? What a joke.
@davidfrankel92672 жыл бұрын
I can't imagine a more plain vanilla bunch of nonsense. Dry powder let me get into gdx when gold was 1780. It was a good move. I have a vanguard s and p fund in an old Roth (20 years) that just basically broke even a couple a few years ago. Passive is fine.. when there is a fed put. That put has been taken for granted since the GFC. The fed has run out of tricks. Actively rebalance. It's going to be a bumpy ride.
@ricktasker82482 жыл бұрын
"Plain vanilla bunch of nonsense" is a prefect summary for this video.
@xinzhang62412 жыл бұрын
Exactly
@qake20212 жыл бұрын
👍👍👍👌👌👌✌🏻✌🏻✌🏻👏👏👏
@brianhollenbeck86332 жыл бұрын
Faith manages. 😇👑🌏🌍🌎💚
@BrogeKilrain2 жыл бұрын
Don’t put any money in this year ! Wait till after 60% drawback
@y.r.94012 жыл бұрын
Wrong! But low/lowest!
@MultiMarty252 жыл бұрын
Yes I can see big bargains in the market soon!!!invest then at low prices and THEN STAY INVESTED!!!
@donniemoder14662 жыл бұрын
There are no guarantees. And a British accent does not mean he is particularly brilliant. Russian aggression does effect corporations' bottom line. Also, climate change effects corporate profits. Stocks roared back in 2020 because of the $4 trillion flood of stimulus.
@michaelcap95502 жыл бұрын
The so-called cures to "Climate Change" (nod,nod,wink,wink) are worse than the disease.