Where to invest in 2024? 10 Asset Classes Overview!

[@Michaeldotcom33]

A deeper dive into bonds would be good. I think that is very important to understand.

[@Value-Investing]

will do!

[@MrJohnHydrogen]

A video explaning the bond market would be in fact interesting ! Good job as always

[@Value-Investing]

Noted!

[@christopherreed4228]

Agreed, that would be great - thank you Sven

[@kampfzerG]

I would really appreciate a deeper dive into bonds!

[@kevalkapadia8219]

Amazing Video. He generally makes small videos on a daily basis which are good short overview of a stock or a sector. But once in a week or two produces a gems like these which are amazing from a learning point of view

[@Value-Investing]

thanks!

[@Oxidus]

hi Sven, I hate to sound like every other person suggesting but any chance you can do an analysis on AI insurance company - LEMONADE (LMND)?

[@mrgreen2461]

A large part of the reason US stocks are so overvalued is due to the magnificent 7. Therefore this analysis is only really relevant for those investing in index funds? Right? I'm finding many US stocks which are fairly valued and even a few which are clearly undervalued are undervalued.

[@boglehead5822]

-1.2% in the next 7 years would be great and is the best scenario for me! will pump my portfolio with a US large etf. After 7 years the party can begin🚀

[@Hedgeflexlfz]

yep

[@tonysilke]

Is the stock market actually getting better or could this be the regular end of year market manipulation to entice new investors? I'm currently sitting on 500k inheritance and just wondering what better assets than stocks to invest in right now

[@PatrickLloyd-]

you need a certified financial planner straight up! personally, I would invest in etf and also love investing in individual stocks. yes it’s riskier but am comfortable in my financial environment

[@Dannyholt33]

No doubt, having the right plan is invaluable, my portfolio is well-matched for every season of the market and recently hit 100% rise from early last year. I and my CFP are working on a 7 figure ballpark goal, tho this could take till Q3 2024.

[@sattler96]

that's a double up in two years! seeing a lot of news on the rally, investors will make tons of profit with the right picks. would you mind disclosing info of this person guiding you pleas? my problem is I do not trust my guts in today's mkt

[@Dannyholt33]

'Vivian Carol Gioia' is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

[@sattler96]

I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an email shortly.

[@alexnakos5825]

Yes. Deeper dive into bonds or bond ETFs please.

[@velayuthman]

Having avoided stocks since the epidemic, I want to give them another go. I am considering a 70/30 stock and bond ratio with the $5 million I received from the sale of a couple of my Bel-Air properties. What are your ideas?

[@colleen.odegaard]

@zullard565 Exactly, a good number of people discredit the effectiveness of financial advisor, but over the past 10years, I’ve had a financial advisor consistently restructure and diversify my portfolio/expenses and I’ve made over $3million in gains… might not be a lot but i'm financially secure and that's fine by me

[@Shultz4334]

@@colleen.odegaard Being heavily liquid, I'd rather not reinvent the wheel. Since this strategy works for you, how can I contact your advisor?

[@colleen.odegaard]

Monica Selena Park is the licensed advisor I use. Just research the name. You’d find necessary details to work with to set up an appointment.

[@kashkat987]

Thanks for sharing. I curiously searched for her full name and her website popped up after scrolling a bit. I looked through her credentials and did my due diligence before contacting her. Once again many thanks.

[@iurevych]

SP500 is not the whole market. Even if it was, I am looking at +19.75% on my VOO position for the year. The video assumes you’re lump-summing your future into a single yolo stock and call it a day. In reality you’d most probably DCA your million throughout a decade if not during a longer period. DCA into great companies at good prices and do sports.

[@thetjt]

Hi Sven... bought China few days ago motivated by your Kraneshares vid. Then it went down further 3,5% on Friday and I coulnd't help myself but to buy more. Now my portfolio is 25% Ishares MSCI China etf. Omg! :) May have jumped the gun but... surely China is close to bottom right now. Say yes.

[@thetjt]

Anyway, 50% down already and good valuations. Hard to see how this would be bad trade in the long run.

[@michaelschiemer3]

Stocks extended their year-to-date rally following the CPI report, with the S&P 500 last up 0.8% in afternoon trading. but I don't know if stocks will quickly rebound, continue to pull back or move sideways for a few weeks, or if conditions will rapidly deteriorate.I am under pressure to grow my reserve of $250k.

[@Jamesbrown1126]

It's really hard to beat the market as a mere investor. It's just better if you invest with the help of a professional understands the market dynamics better.

[@derrickholfman2]

Picking stocks is a risky thing to do, particularly for non-professionals. I learnt that in 2020, when I lost almost everything. But I switched to using a financial advisor and I've been returning at least $38k every month so I’ve been sticking to investing via an Advisor.

[@Dantursi1]

I’ve been looking to switch to an advisor for a while now. Any help pointing me to who your advisor is?

[@derrickholfman2]

Her name is “Vivian Carol Gioia” can't divulge much. Most likely, the internet should have her basic info, you can research if you like

[@Dantursi1]

I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an email shortly.

[@davidbumpstead9833]

Great Video! I'm sure many of us would be interested to gain a better understand of what you are looking for in commodities. Suggest a detailed video about your investment process (not specific to a single commodity, but covering the broader process). Keep up the good work.

[@unktzor]

You say the median of the PE ratio is 15 but we haven't seen that PE ratio in over 30 years now. Maybe it's time to look different at the PE ratio or its median? With all this money available do you think we ever see a PE ratio of 15 again for the SP500? Sure it might touch again like it did twice over the 30 years I pointed out but I mean for a substantial amount of time?

[@matijakozic5836]

Production costs for commodities went up and so you need to "rerate" what are normal prices. Most gold miners are at 52 lows and making 0 money on gold at 2000.

[@jonnes__4657]

Yes Sven, to buy the whole SPY currently is a bit insane. 👍 t-bill and chill. 🎄

[@georgelewis8831]

As an all-in Tesla investor I think there is another very interesting USA based EV company that is now ramping manufacturing. It offers a car, truck and van that like the new cybertruck has drive-by-wire technology! Amazingly you can buy the stock for only 24 cents a share! Imagine buying Tesla when it launched! Don’t miss out!They’re just now ramping up production! The stock is GOEV! I just put a $1000 stock order with betting $. I know it’s a long-shot, but the recent pivot to sell B2B to fleet buyers such as Amazon as delivery vans give it a unique niche Tesla hasn’t addressed yet

[@crohmer]

2024 asset review: it’s all risky and bad- Sven Amazing

[@moedidimus]

Great video! Your channel has taught me so much. Thank you... There was a time when you liked KWEB, a Chinese internet etf, for your KZbin portfolio. I’d like more of China in my portfolio. I’m curious if you’re liking it again now that the price has come back down. Thanks

[@Michael_NV]

Hi Sven, Deeper explanation about bonds would be very, very appreciated… Thanks!

[@FukenRonald]

Hey Sven, I would appreciate if you could make a video with a deeper dive into bonds! Thanks again!

[@k4ir0s]

Thanks, Sven! I choose to go ~20% value emerging, and 2% in puts (maybe puts on SOXX like Burry) for my hedges against my US value. Thought about gold, but as you said you need too much in your portfolio for it to make a significant difference.

[@Value-Investing]

thanks for sharing!

[@steve-hihosilver243]

Sven, maybe the focus should be on silver rather than gold , in terms of precious metals as an asset class. Silver is probably grossly undervalued now when compared to gold

[@av0idxdead1]

Thanks for the reminder about aluminum. Had completely forgotten about the glut the last year, perhaps it's time to look at some automotive contract suppliers. For two reasons, not a lot of cars being sold in recession and there's plenty of aluminum details in a car. Should be criteria enough for bargainhunting

[@cyclingphilosopher8798]

Thanks for this broad overview! Merry Christmas and a happy new year. I also noticed that real estate and US stocks are in bubble territory. You can relate this to the net international investment position of the US (which is deeply negative). When inflation is between 1.25% and 7.1% gold indeed tends to be a little drag on the performance of a portfolio. However, when inflation is below 1.25% or above 7.1% gold tends to actually enhance the performance of a portfolio. Data suggests that a 15% weighting in gold basically makes an otherwise stock/bond portfolio indifferent to inflation with the drag on performance being negligible (due to annual rebalancing), while at the same time reducing the volatility and maximum drawdown of a portfolio. Based on data going back 50 years. By the way, if you measure the fair value of gold by comparing it to global nominal GDP (with which the correlation is about 0.75), gold is only slightly overvalued. Bitcoin (not crypto, as only Bitcoin is truly decentralized) could become an asset class, in my opinion. For me, the risk/reward of a non-zero position is too good to pass.

[@pongop]

Amazing video! I appreciate the overview of asset classes. Thank you so much!

[@Value-Investing]

Glad you enjoyed it!

[@Latin_American_Economic]

Thought I come back to this after reading Robert Shiller Narrative Economics book. His argument regarding real estate prices is that people tend to view the real estate market separate from the economy. Additionally, people tend to view prices based of social interaction (what others say) and largely based on what their neighbors real estate price is selling for. This is part of the reason why you often see overpriced real estate as it may be now. Furthermore, much of the popular narrative about real estate speculation in the US can be traced back to 1945 after the war. Thought it was something interesting to share specifically regarding the real estate market speculative narrative genesis in the US.

[@Value-Investing]

thanks for sharing!

[@ibrahimciftci9599]

Real estate in Europe is interesting but only lock in the interest rate for 5 years.

[@drawdescorp]

Hi Sven, Thanks again for sharing these practical information. A question, I started investing for already 5 years, like many people i started investing on what the other put their money in, then I found your channel and i've really started to understand what investing is about. I don't have a finance background, but I started to like investing more and more, now I'm reading the books that you recommended. Now I wonder what is your opinion about studying for a certification, like the CFA, not too much for the idea to work for an investing firm, but with the idea of acquiring knowledge in order to be a better investor. Thanks for sharing your opinion about it! Merry Christmas!

[@Value-Investing]

That is more for working there, you need simple maths to understand investing, not a Ph.d.

[@jackgoldman1]

How can the average person hedge against currency debasement, falsely called inflation? What is the BEST debasement hedge? Do stocks REALLY go up? Dow was 18 ounces of gold in 1929 and same in 2022 in honest measures. Dow is down 50% in honest money from 40 ounces of gold in 1999 to 18 ounces of gold today. Gold outperformed the Nasdaq for the past 24 years. Is it all just debasement?

[@drewshegda34]

Sven, please never stop making videos. Big fan here! Hope to continue watching you over the many years to come

[@Value-Investing]

Deal!

[@eggsandtoast741]

My major shift in my strategy for 2024 is long term bond ETFs. The yield is fair, and if the yield drops/ the rise in price more than makes up for it which is great since I have no intention of holding for ten years. Just holding until recession scare makes the stock market panic opening up some good buying opportunities. I also recognize lots of opportunity in crypto right now, but that is because I understand crypto which give me an unfair advantage in the space. I am actually using DeFi to borrow against my crypto at 0% interest, then using that cash to buy long term government bond ETFs. Real estate is also not going to fall significantly anytime soon, but also unlikely to grow, but of course RE is hyper local. Likely only a good investment because of the leverage involved, but still probably not the best investment in most zip codes when accounting for opportunity costs.

[@Spura83]

Is it worthwhile to invest in oil&nat gas producers at all, going forward? Even without the recent increase in supply (US shale, permian basin), it seems that the secular trend is less demand. The natural gas demand will be lower long term with the warmer climate everywhere (but especially europe and US). And Oil also seems to be going down, recent OPEC cuts doing nothing. Gasoline demand is going lower each year. What would be the smartest investment going forward? Businesses that are downstream from oil producers, like chemical, who would profit from cheaper inputs?

[@jsedge2473]

I would enjoy a deeper dive in to bonds!

[@r-tan9600]

Great channel Sven, keep up the good work. But we can´t just compare 2009 with 2023, things have changed over the decade. Do you think that the money printing or the longterm cheap money policy will stop in 2024 with all the needed debt refinancing the next years? The worst crisis for the economy (covid) with a global shutdown hit the sp500 just 30-40 days to levels around 2.5k, everything (re)covered till now. I am not sure if you are losing while waiting until valuations come back down. I don´t want to miss 70% upside while waiting for a potential 20-40% drop from levels which are 70/100/150% higher. I think the right strategy is "buying good companies not at any price but keep buying and DCA´ing" when you can withstand red colors in your portfolio. Hard times ahead of us but if you are on the long run, keep buying since we are in the biggest Tech- and Fin-Transformation since the last 30 years when the internet went live.

[@RafitoMembroza]

I am 15% of my portfolio invested in 2-3 year corporate bonds with high certainty cash flows and backed with assets. You can get around 9-10%

[@ichbinmasi]

Hey Sven, I didnt understand the argument of why Gold is an Asset class but Bitcoin is not? Could you please explain this to me? The only argument that comes to my mind for Gold is that it is being used for many thausands of years. But actually buying Gold isnt also one kind of greater fool or not?

[@Value-Investing]

yes, gold is also a greater fool thing, it is a non producing asset, so you are completely right! It is just that liquidity is there and many think the same

[@ryanh9388]

I have joked numerous times on your KZbin videos but I also think if you focus on risk and what could go wrong the rest takes care of itself. I am long Berkshire Hathaway, Amazon, Tencent, and Proctor & Gamble. Am I going to have the best returns? Probably not but if a crash happens I will also sleep well at night and go on with life as normal.

[@federicoarmanti7655]

26 minutes well spent. Thank you, Sven

[@MarkEm]

Currencies USD, CHF could also be good for short-term investment while waiting for orher opportunity to arise

[@Value-Investing]

thanks for sharing!

[@howdydo64]

Thanks, Sven! Happy and prosperous New Year to you!

[@mbabcock111]

1:05, Tom Lee Fundstrat: Although equities are indeed up by about 25% YTD, he points out that PE for the S&P 500 ex-FAANG is now around 15.3x, compared to 14.5x at the beginning of the year... In Lee’s opinion, “that’s barely any increase.” The PE for the S&P 500 is also significantly lower now (17.1x) than it was at the beginning of 2022 (21.7x). ...“we are at a great launching point for stocks heading into 2024.”

[@PeriMCS]

For easy safe money buy bonds on margin account and seel puts for companies you want to own but cheaper.

[@Value-Investing]

thanks for sharing!

[@deparaul]

How can we compare 1 dollar from 2019 and 1 dollar today, using the M1 and speed of the money, not for the inflation? How can we compare SPY from 2019 vs SPY today with without PER? Can we define a value of 1 dollar based on M1 and GDP? thanks

[@MH-us2ye]

what was your outlook at the start of the year?

[@robstrong5624]

Great insight Sven balanced objective overview we appreciate it Thankyou

[@Value-Investing]

Glad you enjoyed it!

[@slavomirD]

Your Best video so far. Especially the conclusion. Thank you.

[@Value-Investing]

Wow, thanks!

[@anxheloripa449]

Thanks for the video Sven. 1 question: I heard at the end that if interests go down the stock prices should follow and we should go into stocks. Im convinced that im understanding that wrong bc it should be the opposite. Would you be able to explain what the peoples move should be if interests drop? Thank you for your help

[@Value-Investing]

If rates go back to 2, Sp 500 at 6,000!

[@nonexistent5030]

Outstanding analysis as always!

[@Value-Investing]

Thank you kindly!

[@etitoonche5831]

@Sven carlin Yep I agree on bonds for 2024 I have a large position into TLT bonds haven’t been that cheap for a long time and the market has started to price in rate cuts, pushing up bond prices

[@robertdagge200]

Most investors don't buy individual bonds - they buy bond funds/ETFs. The ETFs I have looked at pay 1.5% to 2.5% which is not so great in a 5% environment.

[@thetjt]

But the thing is that Bond etfs also rise in value when rates go down. If you buy, say, DBZB etf (with "effective duration" of 7,6 according to Morningstar), it will go 7.6% up when say US 10 year yield goes 1% down. Plus the current yearly "dividends" (accumulated to etf value) of around 1.5%. So if US (and EU etc to lesser extent) 10 year yield would drop from current 3.9 to 2.9 in 2024 - the DBZB etf should rise in value roughly 9%. The risk is of course that interest rates go up which would decline the etf value. I bought DBZB at about US 10 year yield at 4.5% around half a year ago. Today the etf value has increased 4,96% because of the recent expectations of Fed rates decrease.

[@massimoriggio6297]

Hi Sven, a deeper dive into bonds, please.

[@Value-Investing]

Will do!

[@bruceegertson1191]

Yes to bonds teaching. What about buffer etf’s?

[@francescof249]

Thanks for the very interesting content as usual, Sven! I’d like you to dig a bit deeper into why you think taking a mortgage after 2008 was a bargain because of low interest rates. We were paying less for the monthly payment, agreed. However, the prices skyrocketed as for your own admission in the video, so we would all simply be able to pay more, even if on a wider timeframe, in reality. From an economic / valuation point of view your yield would have been terrible, especially if interest rates are going to stay higher for longer now. Happy to hear your thoughts and Merry Christmas to everyone!

[@Value-Investing]

yes, but you are buying a home to live in, thus you enjoy the low cost

[@RathwulvenBushcraft]

I am not a professional investor but for what it is worth, here are my thoughts: I have been investing for only about three years now and recently sold off all S&P500 ETF holdings in my portfolio at some 25% gain - why? The S&P500 have been plateauing at the 80 USD mark and for all I know, swings like those in the last odd year will continue for the upcoming months. The markets are crazy and a lot of other factors such as geopolitical ones (Ruzzia´s war, the threat of an annexation of Taiwan, etc.) just make so many stocks so damn risky these days. And we haven´t even seen a proper recession yet after all the turmoil with covid and what not. There will be better times to buy and for as silly as it may sound: I got a feeling that sufficient dry powder will come in handy soon. Better be prepared, at least for a major correction. So also thanks to you, Sven, for helping us rookies to get an idea of what alternatives are - the bonds sound very interesting. I would also like to hear more!

[@thetjt]

I've sort of given up "hope" of US crashing anytime soon. Too much money printing & greedy investors. Anyway I think I'll probably hold my US stocks for now, not a lot of it and most minimum volatility ETF anyway. Sold half of the little US growth stocks I had to patch up losses. Don't even mention Taiwan. Bought a lot of China yesterday...

[@sneaky_krait7271]

Could you go over Acomo corp again? It seems relatively low compared to current market now

[@charlysegaert1506]

Great video Sven, this is really valuable content!

[@tocaciulevente992]

Hi Sven, thanks for the very very good video! these should be taught in schools. May I ask your opinion on a smaller company in a boring industry? The company is called Atkore, with a capitalization of approximately 6 billion, currently the price is at an all-time high, but even so the PE is below 10. It grows through acquisitions - which can be both good and bad for investors. At the same time, it generates good cash flow, and the balance sheet looks quite good.

[@alessioquaglino4529]

Loved this video, thanks Sven and Buon Natale :)

[@dx3354]

Thanks!

[@Value-Investing]

THANK YOU!!!

[@wazhi04]

Very interesting, thanks for a rundown of different options.

[@Value-Investing]

My pleasure!

[@zoltantakacs7736]

Hi Sven, i think bonds are not bad. Look at Romania EUR bonds with 2030 expiry. 5.2% yield no worry

[@giovannidettori8096]

Question: my NVDA stocks are up 157% (3x). Would you suggest to hodl, to sell what I invested and keep the rest, or to sell the whole of it (I lean toward the second option)?

[@matts9109]

Terrific video, Sven. Thank you

[@Value-Investing]

Thanks

[@psv4ever1989]

Hi Sven, I would appreciate a video on investing in US bonds. It seems hard for Europeans to access. How do you manage?

[@Value-Investing]

Noted!

[@tintank8620]

Thx for the great content. This video really helped me

[@goofy9565]

Thanks Sven for a great video! I’ve read that one could say that if the yield drops with 1% and you’re owning a 30Y duration bond you should expect an appreciation of 30%? Is that correct?

[@Diccie]

I’d love a deep dive into bonds. It probably won’t gather loads of views. Add some fire and a shocked face in the thumbnail. 😂

[@userjoe4321]

My pick - precious metals and mining stocks

[@tsonez]

Thanks for the great insights. I don’t see the greed so I’m not as fearful, but just normal fearful. 😅

[@unktzor]

9:24 It's a store of value. You don't want to be in a trend of people selling but it's not only selling.. what about the other aspect? And it's an asset class even though you think its not. I believe every investor should hold at least 0.1 or 1% of its portfolio in BTC. Considering energy consumption try dive into bitcoin vs traditional banking energy consumption, if you even want to see it as a currency. Your views on it is almost clownish but sure have fun with bonds.

[@caracal9458]

Actually we are below the average since 2000 and b4 then there were no tech stocks which have higher PE because to expand new customers is very cheap to roll out software. Stick to the old world sector if you prefer but then take out all the biggest companies

[@giovannidettori8096]

Interesting analysis. A part from China, which I have started accumulating at these prices through an etf, what do you think about Greece's recovery (P/E around 7)?

[@lucian2643]

Thank you very much for another great video :)

[@ivantan7654]

How can anyone not have crypto exposure in their portfolio? Coinbase and crypto as an asset class outperformed everything this year.

[@rihardsgr]

Thank You, Sven!

[@1Akanan1]

I dont know anything about bonds, i started to invest in 2012. Never ever bond was considered. Maybe it's time now

[@diywealth]

I just wrote a report for my work and released a youtube short about why bonds seem like they're about to enter a multi-year bull market. Been a long time fan of yours and it's cool to see that you're seeing what I'm seeing in that space.

[@parttimeinvestor]

Have you looked at star royalties. very undervalued on the Carbon credit royalties

[@cemen777]

Dipper dive in Bonds - Yes, please. Also, what about GOVT - iShares U.S. Treasury Bond ETF? Is it similar to US1Y? My 401k offers a Bond Index fund. Worse to consider? Thank you, Sven.

[@gergelyovics]

Thanks so much Sven

[@SergiMedina]

Stocks always for me. And as I learned the past few years, in crises petroleum also... ^_^ Hope politicians can't destroy so much until after I die at least, lol! Thank you!

[@Value-Investing]

:-)

[@austinollinger82]

Sven where do you find the commodity price changes yoy? would like to track that, thanks!

[@joeg9829]

Hey Sven, aren’t corporate bonds better? High yield more diversified aswell

[@magnusdeo]

Question about the bonds. If market is pricing in 6 rate cut next year - does it mean that in case of delivering 3 rate cuts the price of TLT will go down?

[@thetjt]

In principle yes. Howeever the market seems to be often hopeful and forward looking so maybe it stays the same?

[@yuvalramon]

Great rational overview 👌

[@anthonyloganhall]

26 minutes of extreme value. Great job.

[@Value-Investing]

Glad you liked it!

[@Fath-gx9mk]

So put / call options are like take profit / stop loss in forex trading right ?

[@Fath-gx9mk]

Sven I have no clue about bonds Looks very attractive now

[@Spura83]

What do you consider a good emerging market nowadays? China has huge risk that when a conflict starts the foreign equity holders will get wiped out one way or another. I like China otherwise at these prices. India stock market has quite high P/E.

[@thetjt]

I didn't realize India is that expensive currently...at 25 PE! I guess that MSCI EM Asia etf stalling is all about China then...

[@MarcosMarotta]

Thanks!! 🙌

[@lordraja297]

appreciate it Sven

[@Hedgeflexlfz]

Should I rent or buy a house right now?

[@RezzGaming]

how to invest in bonds in europe?

[@edw001]

Whats the best performing asset over the last 15 years? BTC. How many more years do you need for you to call it an asset?

[@Value-Investing]

enjoy the party!

[@kevintan6705]

Can you please review albemarle, it is currently down quite a lot and sitting at PE of 9

[@Value-Investing]

coming out tomorrow, forget the PE with miners

[@unboxing4319]

What are the chances BABA will reflect China’s 4% growth?

[@Value-Investing]

We will see tomorrow

[@TheScaryGermanGuy]

11:30 It's not really a bubble because there is still a much higher demand than supply for housing.

[@Deepzombie]

This is true in the in my area (greater Seattle). Very few houses on the market and still high prices on those that are listed. The only way I see the prices go down is an apocalyptic scenario, like mass unemployment which ofc would crash everything.

[@jackgoldman1]

One million dollars bought 50 houses in 1964, 25 houses in 1975, 12 houses in 1981, 6 houses in 1995, 3 houses in 2007, 2 houses in 2022, according to Federal Reserve median home prices. Housing is a currency play, as is stocks and gold. The IOUs are falling, falling, falling in value. IOUs can not hold value. I just collect rents but I bought long ago, 30 years ago. I keep them paid for. Very little risk. Just collect the rent.