Happy Friday guys! Today I thought i'd cover the recent decline of the S&P500 which has sold off c5% since the start of the month, and some of the main factors at play that may have been catalysts for this pullback in market prices. Be sure to let me know what your thoughts on down in the comments below! Remember to also pick up your 1 free share on Trading 212 valued up to £100 using this link: trading212.com/promocodes/MITCH
@kortyEdna8254 ай бұрын
Recently bought some recommended stocks and now they are just penny stocks. There seems to be more negative portfolios in the last 3rd half of 2024 with markets tumbling, soaring inflation, and banks going out of business. My concern is how can the rapid interest-rate hike be of favor to a value investor, or is it better avoiding stocks for a while?
@KaurKhangura4 ай бұрын
Just ''buy the dip'' man. In the long term it will payoff. High interest rates usually mean lower stock prices, however investors should be cautious of the bull run, its best you connect with a well-qualified adviser to meet your growth goals and avoid blunder
@Pamela.jess.2454 ай бұрын
I wholeheartedly concur; I'm 60 years old, just retired, and have about $1,250,000 in non-retirement assets. Compared to the whole value of my portfolio during the last three years, I have no debt and a very little amount of money in retirement accounts. To be completely honest, the information provided by invt-advisors can only be ignored but not neglected. Simply undertake research to choose a trustworthy one.
@NicholasHarmon-ow3jl4 ай бұрын
Impressive can you share more info?
@Pamela.jess.2454 ай бұрын
There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Colleen Rose Mccaffery” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
@NicholasHarmon-ow3jl4 ай бұрын
Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon.
@kurtKking4 ай бұрын
I foresee a recession lasting 2-3 years, and if inflation continues to surge, the Federal Reserve will likely raise interest rates soon. Inflation is causing various issues worldwide, such as food shortages, scarcities of diesel and heating fuel, and significant spikes in housing prices, leading to a potential financial market crash. This global downturn could have long-lasting repercussions. Given the current inflation rate of approximately 9%, my main worry is how to optimize my savings and retirement fund, which has remained stagnant at around $300,000, yielding almost no gains for quite some time.
@MickyGlover4 ай бұрын
Numerous opportunities exist to achieve substantial profits at present, but executing high-volume and nearly flawless trades requires the expertise of real-time professionals with an ISDA Agreement. This agreement allows investors to participate in sophisticated trades, exclusive to seasoned individuals, and unavailable to amateurs. Attempting to be a high-stakes trader without an ISDA is akin to trying to win the Indy 500 riding a llama.
@Kaustavpatell4 ай бұрын
I'm sure the idea of an invstment-Adviser might sound controversial to a few, but a new study by Motley-fool found out that demand for Financial-Advisers sky-rocketed by over 42% since the pandemic and based on firsthand encounter I can say for certain their skillsets are topnotch. I've accrued north of 580k within 16-months from an initially stagnant Portf0lio worth 85k.
@frankedwardark4 ай бұрын
Inflation is over 10% here, but as we know it's definitely way more than the Government would like to admit. My plan is to earn more passive income and ride this out, can your Investment-adviser assist?
@Kaustavpatell4 ай бұрын
Well, there are a few out there who know what they are doing. I tried a few in the past years, but I’ve been with Michele Katherine Singh for the last five years or so, and her returns have been pretty much amazing.
@frankedwardark4 ай бұрын
She appears to be well-educated and well-read. I ran a Google search for her name and came across her website; thank you for sharing.
@daloriscutone63805 ай бұрын
Would you consider a core S&P 500 etf portfolio & the 4% rule as an alternative to dividend investing?
@amgengroup53525 ай бұрын
A Core S&P 500 is ALWAYS a great idea, but for someone looking strictly for dividends, which was this example, I felt we got a lot of MSFT, AAPL and other top S&P 500 companies from some of these ETFs. Personally I put down 2.5m$ on few ETFs, still diversifying. it was this time last year I made my first million with a liquid 200k. handed it to a trader here in CA, I get weekly pay out which I put back on long term ETF's. Google will be a huge buy for me when the market bottoms.
@daloriscutone63805 ай бұрын
Good picks, Smart strategy for beginners, Please share this Expert with me.
@amgengroup53525 ай бұрын
She is Katherine Elizabeth Humphreys look her up online
@jasminemccumber46945 ай бұрын
I've known Kath since my early days as an investor. She trades for me and advised me to diversify dividends to 50% FXAIX, 25% SCHD, and 25% QQQM, which has been great. I highly recommend her.
@harlibassham81875 ай бұрын
Good buys, 50% FXAIX, 25% SCHD, and 25% QQQM. this diversification is FIRE she definitely knows what she is doing.
@opalthecat11715 ай бұрын
It’s been declining the last few weeks because I invested into it just a few weeks ago 🙄
@MitchShoesmith5 ай бұрын
Haha always the way! Stick with it dude, I’ll be buying in again on my portfolio update next week!
@Madmak1215 ай бұрын
Same😢
@jmcooney20005 ай бұрын
Same! 😂
@icehotgaming5 ай бұрын
Yeah I just started investing a couple weeks back too, a friend convinced me this was a good idea, but so far all I'm seeing is loss... I even told him at the time that I can guarantee once I put money in, the stock market will crash lol! Would have been better sticking with my cash isa!
@tone.15 ай бұрын
I did exactly the same…I thought I broke the stock market 😢
@clarenceishmael96155 ай бұрын
Reflecting is another word for panic. No changes to my portfolio at all just continuing to DCA as normal and hoover up a few cheap units of VUSA and VWRL.
@micas2905 ай бұрын
I think its correcting itself, the last time i saw a rise so high was when it hit 4600 and then it corrected to 4200
@MitchShoesmith5 ай бұрын
yeah certainly part and parcel of a normal market cycle!
@DomS775 ай бұрын
I couldn’t care less if it drops right now. Excited to buy more shares for my money on payday
@JasonAmir-qo4uo5 ай бұрын
Good point.. the market has been crazy lately, a few surprises here and there.. with all the global happenings taking place I think it's safe to say that a severe global recession is looming..
@aviationnetwork94645 ай бұрын
Cash flow is king, I do dividend stock only. Market up or down dividends flows and reinvested, I don't have to sell shares 10 years from today. Just trust the process, buy quality companies and DCA and you will appreciate.
@Al_Eth5 ай бұрын
Most fast growth stocks don’t offer dividends but have fast share appreciation that actually beat money printing and inflation. Bitcoin miner stocks, and stuff like MSTR & COIN will outperform most stocks. But I wouldn’t recommend long term holding stocks. Sell in the bull and buy in the bear market
@dtlittle85 ай бұрын
My portfolio performance is so bad I don’t really have much choice other than sticking with it 😬
@MitchShoesmith5 ай бұрын
What are you invested in?
@dtlittle85 ай бұрын
@@MitchShoesmith I’m the only person on the planet to be down on my initial NVIDIA investment 😂 AMD, PLTR, SMCI, PYPL, MSTR, Tesla all down -20% on initial investment. Apple, Amazon, MSFT, SOFI, AVGO all down. Meta and Google are my only positive individual stocks that are up by a whopping 1% 😄 I’ve only really started this year. I completely get the long term mentality. It’s just never an easy pill to swollen when i was about a month behind to the party from being up or level 😬
@suttyotolvajfideszbanda59833 ай бұрын
What do you think about Nasdaq 100? To risky to invest into ?
@henrywisdom58252 ай бұрын
What are your thoughts on the ishares S&P 500 compared to Vanguard? As a new investor I am considering moving my money to iShares. iShares has double the return compared to Vanguard in the past year and has a cheaper share price. Although their ongoing charge is 0.15% compared to Vanguard 0.07%.
@edc15695 ай бұрын
Panic, sell everything, stocks should only go up
@nax18075 ай бұрын
yes exactly!! why on earth the sudden bear pit? there needs to be an S&P 473 to sack off magnificant 7. everything else seems to be fairly stable, but these big boy stocks bring the whole index down.
@InvestingwithDan5 ай бұрын
There is, it’s called the S&P 500 equal weight index. Has actually performed identically since 2004 inception. And up to 2021 outperformed the standard index! I mentioned it in my latest Video . Shameless plug 😂
@nax18075 ай бұрын
@@InvestingwithDan amazing, what's the ticker symbol??
@jopiira5 ай бұрын
I will not do nothing I got my savings in funds and EFTs. 10 % in EU, 45 % in India 45 % in USA.
@VidushiJaidka-nq2ms5 ай бұрын
Hi Mitch just been doing your course online in which you mentioned about S&P a better and good and cheaper one but when the market is responding like this what’s your opinion as I have never traded before I want to start in which one would be best and also I am student I am not seeking for big investments at the moment too
@MitchShoesmith5 ай бұрын
Hey, for me I’ll just continue cost averaging into the market every single month
@jpconard4 ай бұрын
I hope it drops for others right when they need it.
@gadagaz5 ай бұрын
I just see it as an opportunity to buy it at a discount. Nice that it goes "on sale" from time to time!
@MitchShoesmith5 ай бұрын
Yeah completely agree, I’ll be investing next week in my portfolio update 👌🏼
@tomroberts38515 ай бұрын
Early this week! Always love your content Mitch! I'm all about the VWRL! VUSA is too concentrated for me 👌👌👌
@MitchShoesmith5 ай бұрын
Video was ready so thought I’d put it up 😆 yeah even though I don’t invest in it I do like the VWRL for that reason!
@mrg85375 ай бұрын
US stock are looking expensive. Other regions are much cheaper and offer much better value. Im staying diversified in global trackers
@InvestingwithDan5 ай бұрын
Have you seen the S&P 600 or 400 or even the S&P equal weighted etf? All of these indexes are lower than in 2021. There is plenty of value in the US outside the big 7
@Black-Circle5 ай бұрын
Lol. Like UK stocks that have gone nowhere in 30 years
@mrg85375 ай бұрын
@@Black-Circle There are markets other than the UK. The UK has a lot of dividend paying stock, so you need to look at total returns
@mrg85375 ай бұрын
@@InvestingwithDan unfortunately all the money gets sucked in to the S&P 500
@Black-Circle5 ай бұрын
@@mrg8537 dividends are over rated
@aerial5585 ай бұрын
Ai bubble has bust looking forward to sum bargains happy days.
@MitchShoesmith5 ай бұрын
Yeh certainly appears so, at least for now!
@aerial5585 ай бұрын
@@MitchShoesmith I made mistake with TSLA 3 years ago I wouldn’t do it again? I am going to be more cautious next time 😀
@Àdhamh_Fife5 ай бұрын
Thanks Mitch, great video as always 😎 Sticking to the plan, investing regularly in ETF and ignoring the price on a day to day basis, whether up or down. Over a long enough horizon, the direction of travel is only one way 📈 Always appreciate your content mate 👍
@MitchShoesmith5 ай бұрын
With you on that Adam! Amen :D
@damjanstoimenov5 ай бұрын
What about VWCE? im from europe and trade with €
@j.b6075 ай бұрын
When Us goes (big time) they all go
@Madmak1215 ай бұрын
Should I sell half and dca
@Madmak1215 ай бұрын
Maxed out isa
@stevenjackson97215 ай бұрын
Im really not sure what should do here i Just (2week ago) put 4k into invest engine and my chosen ets where vanguard ftse all world, vanguardsl ftae develop world and I share s&p500 technology. At 40,40,20% i also set up 300 per month auto payment to these shoud i re think this and re plan.. its scary when dont understand
@DrDre9995 ай бұрын
The answer to what you should do is NOTHING. Don't be put off by the dips. Investing is a long term strategy, the dip will eventually correct itself even if it's over a period of months-years.
@stevenjackson97215 ай бұрын
I'm not overly concerned in dip tbh as I do understand it long game. But it's more my selected funds may be a bit unescaary/ to similar
@lupin87505 ай бұрын
@@stevenjackson9721Just understand that you have a heavy weighting towards America by buying the big stocks essentially 3 times which will decrease your geographical diversification
@James-er4si5 ай бұрын
I have 30% of my portfolio in IITU and was thinking the same thing about being over exposed to tech. Those thoughts only enter your head when the stock falls though!
@luisricardo135 ай бұрын
The only thing I’d say about your ETFs is that I suspect there may be quite a bit of overlap - I think those indexes cover a lot of the same companies. It could work in your favour but it is riskier. I try to invest in ETFs that don’t overlap each other too much .
@ComfortZoneComic5 ай бұрын
NVIDIA hype train is also not very choo choo rn
@MitchShoesmith5 ай бұрын
Yeah big sell off today!
@ComfortZoneComic5 ай бұрын
@@MitchShoesmith noted, ty...I'll read up on it
@trancekingpj5 ай бұрын
Market goes up, market goes down. It's just numbers. Just keep on putting regular payments into the markets and reap the benefits when you're at your midlife crisis and ready to buy the soft-top Porsche and wig that you've suddenly got an urge for😁
@ealing265 ай бұрын
I invested 10k just before it declined. Bad luck :(
@paulpo5405 ай бұрын
SAME
@MitchShoesmith5 ай бұрын
Time in the market is more important than timing the market, stick with it!
@paulpo5405 ай бұрын
@@MitchShoesmith it’s for 20 years time nothing to worry about
@kateasheley74045 ай бұрын
Yea same here 😂
@Mint-kj9kw5 ай бұрын
@paulpo540 Why???????????? There will be a 6 mos civil war after the US elections. Both markets will crash. 2025 will bring a DEEP recession. Why not wait for sales next year?????
@Abdul_Rahman865 ай бұрын
I hope this crashes all the way to the bottom. DCA all the way down and DCA all the way up
@Beautiful_world_above5 ай бұрын
coz stocks go up and down... lol
@owenevans64005 ай бұрын
Quality video one again
@MitchShoesmith5 ай бұрын
thanks Owen!
@Jackson-l3r5 ай бұрын
The S&P hasn’t earned anyone any gains since 2008 and present. Your fiat has loss the same in value. 😂 You are being hoodwinked.
@jaminnooh4 ай бұрын
not really, people that have knowledge, knows that investing is also a way to combat inflation. Many invest bcs of the inflation not to gain.
@jpconard4 ай бұрын
Bidens economy
@chrisevans-i5y5 ай бұрын
I had initially planned to retire at 62, work part-time, and save money, but the impact of high prices on various goods and services has significantly disrupted my retirement plan. I'm worried about whether those who experienced the 2008 financial crisis had it easier than I currently am. The volatility of the stock market is a concern as my income has decreased, and I fear that I won't be able to contribute as much as before, potentially jeopardizing my retirement savings.
@KateShawn-p3l5 ай бұрын
The increasing prices have impacted my plan to retire at 62, work part-time, and save for the future. I'm concerned about whether those who navigated the 2008 financial crisis had an easier time than I am currently experiencing. The combination of stock market volatility and a decrease in income is causing anxiety about whether I'll have sufficient funds for retirement.
@JoshuaAltom5 ай бұрын
This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800,000.
@RobertFarley5325 ай бұрын
Mind if I ask you to recommend this particular coach to you using their service?
@JoshuaAltom5 ай бұрын
Leticia Zavala Perkins, a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.
@AngelMark-mk5sv5 ай бұрын
Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.
@UndisturbedMonk5 ай бұрын
When the US falls, everything falls. Looking at the VWRP (Vanguard All world) and comparing it to the CSP1 (Ishares S&P 500), you can see they both follow each other almost identically during the downturns, while the S&P 500 has a much higher upside potential. Either way, pick your poison, but i'm sticking to 100% US allocation. If i were to pick stocks (which I don't ), there's no way i'd have more than 500, or even 50 open positions at a single moment in time and the stocks that I would pick would most likely all be quality US companies, that's why I believe the S&P 500 is all you need and by buying into an All World fund, you're only buying the US but with a bit of international, just for the sake of "diversifying" and those international companies you're gaining exposure to, you wouldn't even buy anyway, because many of those are just not great (quality wise). So yeah, i'm quite against an all world fund, but each to their own.
@MitchShoesmith5 ай бұрын
Yeah it’s a fair point, a lot of these all world funds have c60-70% allocation to the US stock market anyway!
@boyasaka5 ай бұрын
That’s cos about 60 percent of the vanguard global all world is stocks in the s and p 500
@DarkoFitCoach3 ай бұрын
100% and thats how i look at it as well. S&P500 for me for life. nothing like and and as warren buffet always said: betting against usa has been a very bad idea for the last 240years. america just works
@user-mw2oe6xc7u5 ай бұрын
Who cares wake me up in 30 years
@carlmoore77655 ай бұрын
Just a correction time to buy more
@MitchShoesmith5 ай бұрын
Agreed!
@bartoszbrown13225 ай бұрын
Perfect. I have just started buying the stock :)
@markjagus52025 ай бұрын
I think this is a shorter term decline after a long bull run, even without some slightly negative economic data a pull back was inevitable. I have de-leveraged my portfolio and increased emphasis on sectors that remain bullish.
@chobychapman5 ай бұрын
Just keep investing
@MitchShoesmith5 ай бұрын
Couldn’t agree more!
@TomsPersonalFinance5 ай бұрын
Great video, Mitch 👍 Lets hope the dip stays until payday haha
@MitchShoesmith5 ай бұрын
Thanks mate! Yeah tell me about it, couple more days and I’m in! 😂
@Jmzzable5 ай бұрын
Same as me 🤣
@billB1015 ай бұрын
I'm just about to start investing, is it worth waiting to see if it drops and then investing.
@DarkoFitCoach3 ай бұрын
no, that would be timing the market and if warren buffet cant do it, how can u?
@scotmorley85265 ай бұрын
Hello Mitch, I've just looked at a few notes I made, just for my own interest at the end of 2019. I made a prediction, by the end of this year the S&P 500 would be around 4850 I based that on past historical data, I don't think we'll be to far away from that figure.
@MitchShoesmith5 ай бұрын
Hey Scot, thats a pretty good prediction from 5 years back, fair play!
@Blitcliffe5 ай бұрын
Stock market’s historical performance estimate that over time, the payment (and reinvestment, and compounding) of dividends have contributed anywhere from 30% to 90% of the S&P 500’s total returns. I want to spread $400,000 into profit yielding dividend equities but unsure of which to get into.
@Kingosso5 ай бұрын
I went all in when it was at its almost all-time high 😢
@MitchShoesmith5 ай бұрын
It’ll hit all time highs again! Stick with it 💪🏼
@martyscott19745 ай бұрын
Me too
@conkersdeepful5 ай бұрын
Same. With a large sum! Trying to hold my nerve.
@spartacusptolemaida5 ай бұрын
that’s good, a nice discount right before the halving.
@Black-Circle5 ай бұрын
Im all in on VUAG
@MitchShoesmith5 ай бұрын
love to hear it!
@Black-Circle5 ай бұрын
@@MitchShoesmith balls deep in fact 😁
@MitchShoesmith5 ай бұрын
@@Black-Circle 😂😂
@boyasaka5 ай бұрын
Diversity Don’t put all your eggs in one bag Like u have
@sid35gb5 ай бұрын
Multiple interest rate cuts are not on the table this year so the market is pricing it in. Inflation in America is sticky at the moment. I’m only gutted that I don’t have any spare cash to pickup the discount.
@chang.075 ай бұрын
I hate how the market always go down when I run out of money. Always missing out on this opportunity
@VikashSingh5 ай бұрын
Because markets are allowed to go down sometimes
@xcreighton5 ай бұрын
The more it goes down, so more shares i can buy :)
@aerial5585 ай бұрын
Looking forward for sum bargains 🤣
@Dalj-Puma5 ай бұрын
Great vid Mitch, for me the stock market is like shopping in a sale, discount share prices! Additionally, I always dollar cost average, that way I minimize risk.
@MitchShoesmith5 ай бұрын
thanks dude, completely on the same wavelength. It's nice to see the market move higher, but I equally enjoy it when prices come down and you can get some discounted stocks!
@alexsimon90685 ай бұрын
US Election years tend to have on average 15% drawdowns
@MitchShoesmith5 ай бұрын
interesting stat!
@JMEUTEUW5 ай бұрын
THE S&P500 PE is now 26 and not 31
@MitchShoesmith5 ай бұрын
It is if you don’t inflationary adjust it, the figure I showed was inflationary adjusted to give us a accurate comparison to historicals
@shanenolan0855 ай бұрын
2:05 🍎 🍏 🍎 is DOWN actually YTD at (-11.12%)
@MitchShoesmith5 ай бұрын
Yeh rough end to the week!
@Gnarturtle5 ай бұрын
Go crazy and sell everything man!!
@MitchShoesmith5 ай бұрын
Can’t say I advocate this 😂
@computing99395 ай бұрын
So how long should we wait to buy more ❓
@jvfresh30535 ай бұрын
nobody knows..you'll never get a correct answer to that. timing the market is a losing gaming