"It's a Money Thing" series - Financial Literacy - KCCU invites members and the public to examine advice on what you need to know about investing and the difference between the three main forms of investment.. Understanding helps consumers get the knowledge they need to thrive. Your Credit Union supports member education.
Views: 2766 KingstonCCU
As an investor, you need a place to house your money and actually do your investing. This is called your investment vehicle, and there are several to choose from. In today's video, we will go over how you can choose the best investment vehicle for your individual situation. Discover your investing weaknesses and how to manage your money smarter with this investing personality quiz: http://bit.ly/2icTeV0 _____________ Learn more: Subscribe to my channel for free stuff, tips and more! YouTube: http://budurl.com/kacp Facebook: https://www.facebook.com/rule1investing Twitter: https://twitter.com/Rule1_Investing Google+: + PhilTownRule1Investing Pinterest: http://www.pinterest.com/rule1investing LinkedIn: https://www.linkedin.com/company/rule... Blog: http://bit.ly/1YdqVXI Podcast: http://bit.ly/1KYuWb4
Views: 10807 Phil Town's Rule #1 Investing
Welcome to the Investors Trading Academy talking glossary of financial terms and events. Our word of the day is “Pooled Investment” Pooled investment funds – also known as collective investment schemes – are a way of putting sums of money from many people into a large fund spread across many investments and managed by professionals. Investing this way can be easier and less risky than buying shares in individual companies direct, and there are lots of funds to choose from. With an investment fund, lots of people pool their money together and a professional fund manager invests the money in assets such as shares, bonds, property, cash, or a combination. There’s a huge range of funds that invest in different things, with different strategies – high income, capital growth, income and growth and so on. The enormous advantages of investing in pooled fund vehicles make them an ideal asset for many investors. There are added costs involved in the form of management fees, but these fees have been steadily declining for many years as competition has increased. The main detractor of pooled fund investments is that capital gains are spread evenly among all investors - sometimes at the expense of new shareholders. By Barry Norman, Investors Trading Academy - ITA
Views: 2043 Investor Trading Academy
What is STRUCTURED INVESTMENT VEHICLE? What does STRUCTURED INVESTMENT VEHICLE mean? STRUCTURED INVESTMENT VEHICLE meaning - STRUCTURED INVESTMENT VEHICLE definition - STRUCTURED INVESTMENT VEHICLE explanation. Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. SUBSCRIBE to our Google Earth flights channel - https://www.youtube.com/channel/UC6UuCPh7GrXznZi0Hz2YQnQ A structured investment vehicle (SIV) is a non-bank financial institution established to earn a credit spread between the longer-term assets held in its portfolio and the shorter-term liabilities it issues with high leverage. They are simple credit spread lenders, frequently "lending" by investing in securitizations, but also by investing in corporate bonds and funding by issuing commercial paper and medium term notes, which were usually rated AAA until the onset of the financial crisis. They did not expose themselves to either interest rate or currency risk and typically held asset to maturity. SIVs differ from asset-backed securities and collateralized debt obligations (CDOs) in that they are permanently capitalized and have an active management team. They do not wind-down at the end of their financing term, but roll liabilities in the same way that traditional banks do. They are generally established as offshore companies and so avoid paying tax and escape the regulation that banks and finance companies are normally subject to. In addition, until changes in regulations around 2008, they could often be kept off the balance-sheet of the banks that set them up, escaping even indirect restraints through regulation. Due to their structure, the assets and liabilities of the SIV was more transparent than traditional banks for investors. SIVs were given the label by Standard & Poors -- Moody's called them "Limited Purpose Investment Companies" or "LiPICs". They are considered to be part of the non-bank financial system, which has two parts, the shadow banking system comprising the "bank sponsored" SIVs (which operated in the shadows of the bank sponsors balance sheets) and the parallel banking system, made up from independent (i.e. non bank aligned) sponsors. Invented by Citigroup in 1988, SIVs were large investors in securitisations. Some SIVs had significant concentrations in US subprime mortgages, while other SIV had no exposure to these products that are so linked to the financial crisis in 2008. After a slow start (there were only 7 SIVs before 2000) the SIV sector tripled in assets between 2004 and 2007 and at their peak just before the financial crisis in mid 2007, there were about 36 SIVs with assets under management in excess of $400 billion. By October 2008, no SIVs remained active. The strategy of SIVs is the same as traditional credit spread banking. They raise capital and then lever that capital by issuing short-term securities, such as commercial paper and medium term notes and public bonds, at lower rates and then use that money to buy longer term securities at higher margins, earning the net credit spread for their investors. Long term assets could include, among other things, residential mortgage-backed security (RMBS), collateralized bond obligation, auto loans, student loans, credit cards securitizations, and bank and corporate bonds.
Views: 1659 The Audiopedia
Open an online trading and Demat account with Zerodha - https://zerodha.com/open-account?c=ZMPNYN Open an account using the above link and You will get access to my telegram channel where I will be sharing - Best Trading Strategies E-books and Investing Ideas from the experts. Once your account is opened, send me your client ID to = "[email protected]" to claim the Offer. ----------------------------------------------------------------------------------------------------------- Stock Market Investments(vehicles) Types of investments in share market basics of share market Link-- https://www.youtube.com/watch?v=M8Wk85nPH9M ------------------------------------------------------------------------------------------------------------------------------ Books on stock market for beginners (Affiliate links) Hindi Books Kaise Stock market Mein Nivaise Kare - http://amzn.to/2wo2hKt Share Market Se Kaise Banaye Mene 10 Crore (Hindi) - http://amzn.to/2wn6oqd Intraday Trading Ki Pehchan - http://amzn.to/2fGJmUO English Books The Intelligent Investor - http://amzn.to/2xCpi08 Everything yu wanted to know about stockmarket - http://amzn.to/2wnT8BK ---------------------------------------------------------------------------------------------------------------------------------- Share, Support, Subscribe!!! Facebook:https://www.facebook.com/BasicGyaan.F Twitter: https://twitter.com/BasicGyaan Instagram Myself : https://www.instagram.com/SunilSolves Google Plus: https://plus.google.com/101070380901930372004 Microphone i use : http://amzn.to/2xBYjBO About : BASIC GYAAN is a YouTube Channel, where you will find Videos on curious interesting topics related to Finance, Economics and Trending topics in Hindi, New Video is Posted Every week :)
Views: 96961 Basic Gyaan
According to statistics, most drivers change their car once every six years, which is a pretty long period of time. To take the best out of your car in those six years, to save money and to avoid constant repairing, you’d better avoid ten mistakes many of us make when buying a car. One day you’ll probably decide to sell your car. That’s why you have to consider some important features. According to Paint supplier PPG Industries, white is the most popular car color in the US with 35 percent of all sold vehicles. It is followed by black with 17 percent, and silver and gray that both got a 12 percent popularity. In case you want to purchase some good old German luxury brands such as BMW or Mercedes-Benz, you have to be prepared to pay around $17,800 and $12,900 for ten years of maintenance accordingly. US popular brand Cadillac comes next with an average $12,500 maintenance cost for the same period of time. Additional airbags, a passenger sensing system that can tell the size of the person in the seat and save smaller children in case of a crash, auto-dimming mirrors to reduce the glare coming from headlights at night, head restraints and ABS are some of the things you don’t want to save money at. Make a check-list of features you need to check and think of where you’ll be driving your new vehicle. Try driving on the highway and park in uncomfortable conditions if that’s what you know you’ll have to do in the future. Examine everything to help yourself make the right decision. Don’t be afraid to miss “the deal of a lifetime.” You must have noticed those come up now and then, so you shouldn’t let them pressure you into making a wrong financial decision that will affect your budget for years. Music: https://www.youtube.com/audiolibrary/music TIMESTAMPS You don’t think about resale value. 0:32 Car maintenance can be expensive. 1:46 You pay for optional items. 2:50 You buy a brand new car. 3:33 You buy a car that is too big or too small. 4:03 You can’t choose between car’s prestige and technical characteristics. 4:34 You don’t examine the car. 5:19 You miss advantageous offers and discounts. 6:08 You don’t try to lower the price. 6:30 You’re in a hurry. 6:51 SUMMARY -First, the car brand matters: there are brands that are more or less popular among drivers. Second, you need to think about the vehicle specifications and the engine. Third, don’t forget about its color. -Think of how much of your family budget car maintenance can make, and decide if you want to spend that much on your vehicle after you’ve purchased it. -Some drivers don’t smoke inside their cars. In this case, they don’t need an ashtray. An additional corrosion treatment is useless as well because cars already have an anti-corrosion treatment. -The best choice is a car model that is no more than three years old and already well-known. -Try to predict how many times you’re going to travel by car, how many passengers will be there, and so on. -A premium class car will give you better safety, high performance and increased comfort their manufacturers guarantee. -Gather as much information as possible at reliable websites and among your friends, consult an independent specialist, and test drive your chosen car. -The best time to buy a car starts in December and reaches its peak in March. -Try to call or send emails to different dealerships saying you have a better offer and asking if they can beat it. -Spend enough time to gather information, consulting specialists, and weighing the pros and cons. Subscribe to Bright Side : https://goo.gl/rQTJZz ---------------------------------------------------------------------------------------- Our Social Media: Facebook: https://www.facebook.com/brightside/ Instagram: https://www.instagram.com/brightgram/ 5-Minute Crafts Youtube: https://www.goo.gl/8JVmuC ---------------------------------------------------------------------------------------- For more videos and articles visit: http://www.brightside.me/
Views: 2756928 BRIGHT SIDE
We have teamed up with the innovative investing service Goalmine to bring you an Investing 101 series. This is the second in a four-part series. For more videos about how to manage money for a better financial future, check out MangoMoney.com/blog. The Mango Grove is a place for members of the Mango community to come together and learn more about their financial environment. As the official blog of Mango Financial, Inc., we aim to further the company's goal of financial empowerment by providing easy access to multimedia content that educates, informs, and even entertains. The Mango Prepaid Card works with your mobile phone and is a fast, cheap, and convenient way to manage money.
Views: 1487 mangofinancial
Ed Bolian has bought and sold hundreds of exotic cars but in today's videos he shares the Top 10 modern exotics he thinks you should be trying to buy today. • Buy our NEW, LIMITED EDITION t-shirts and gear at our store - https://vinwiki.com/r/store If you get a ticket, you need to get the Off The Record app. Answer a few questions, find a lawyer, and get it handled! Check it out here - https://fight.offtherecord.com/vinwiki Follow us on at https://www.instagram.com/vinwiki_official Follow us at https://www.twitter.com/vinwiki Like us on https://www.facebook.com/vinwiki Be sure to Like, Comment, Subscribe, and Share this with other car enthusiasts! Add to the stories of your cars and the cars you love on VINwiki. Download the free VINwiki iOS App - https://appsto.re/us/ijaAbb.i Download the free VINwiki Android App - https://play.google.com/store/apps/details?id=com.appzoro.sam3.vinwiki&hl=en Visit https://vinwiki.com
Views: 282763 VINwiki
In this interview, afrimind has a conversation with Yomi Jemibewon, one of the founding partners of Cardinal Stone, a premier Investment Bank based in Nigeria.
Views: 467 afrimindVideos
#theartofwealthbuilding Money won't last unless you are wise. Mutual funds explained in most simple way.. Systematic Investment Plan is an investment vehicle, where an investor makes fixed, regular payments into a mutual fund, to reap the benefits of long-term investing. It helps you gain exposure to your selected asset class through the investment of a small or large amount of money, at fixed intervals and in a disciplined manner. Benefits of a SIP The compounding factor: make your money work for you by generating earnings which are further reinvested to generate their own earnings. The compounding process ensures that both the capital gains and interest earned from an investment, earn interest, as time passes. Rupee cost averaging: trump the maxim “buy low, sell high” by automatically adjusting quantity bought against price, in order to average the cost of acquisition over time. Investing a fixed amount in the markets, at regular intervals helps lower the average cost of investment, as one buys more quantity when the price falls, and less quantity when the price rises. Market timing becomes redundant: invest wisely across market cycles, reducing the impact of volatility. Since investments are made at fixed regular intervals, timing the market for appropriate entry levels becomes less important. I have also explained why you need a financial planner. SUBSCRIBE the YouTube channel to create wealth and become financially free https://www.youtube.com/THEARTOFWEALTHBUILDING Our Facebook Page https://www.facebook.com/Theartofwealthbuilding Instagram https://www.instagram.com/theartofwealthbuilding/ Twitter https://twitter.com/TAOWB4
Views: 7086 The Art Of Wealth Building
#theartofwealthbuilding #mutualfunds How to invest in Sip. Systematic Investment Plan is an investment vehicle, where an investor makes fixed, regular payments into a mutual fund, to reap the benefits of long-term investing. It helps you gain exposure to your selected asset class through the investment of a small or large amount of money, at fixed intervals and in a disciplined manner. Benefits of a SIP The compounding factor: make your money work for you by generating earnings which are further reinvested to generate their own earnings. The compounding process ensures that both the capital gains and interest earned from an investment, earn interest, as time passes. Rupee cost averaging: trump the maxim “buy low, sell high” by automatically adjusting quantity bought against price, in order to average the cost of acquisition over time. Investing a fixed amount in the markets, at regular intervals helps lower the average cost of investment, as one buys more quantity when the price falls, and less quantity when the price rises. Market timing becomes redundant: invest wisely across market cycles, reducing the impact of volatility. Since investments are made at fixed regular intervals, timing the market for appropriate entry levels becomes less important. Disciplined approach: inculcates discipline in the investment process, as the investor is committed to invest a fixed amount of money, at periodic intervals. Let the experts work for you: SIP as an investment vehicle provides you with the opportunity to invest in mutual funds which are professionally managed by capable investment managers who are committed to manage your money with skill and expertise. Converting goals to reality: a long term, disciplined and systematic approach to investments can help investors realise their financial goals. (affiliate link) https://zerodha.com/open-account?c=ZM...
Views: 29414 The Art Of Wealth Building
Invest in Cars Investment Vehicles Make Money Buy Sell Classics 65 GTO Mercedes Benz Porsche http://www.1ownercarguy.com I have long thought that cars were they way to go for investments. If you know what and when to buy you can make really good money buying and selling cars. A lot of the stuff I buy I believe is only going up in value and never down. Even if you have to sit on something for a while you are not going to lose your money. Some of these cars like my 65 GTO are a better investment then my stocks ever thought about being. If you have a nitch for buying and selling the right cars you can make really good money. Here is the Soda Steam link Free Shipping and $10 off http://www.stockgambles.com/stock-gambles-blog.html Make sure and check Out My channel I have Lots of 1 & 2 Owner Cars Trucks and SUV's on there and i sell them Cheap Also If You Subscribe You wont Miss out..;-) I Have a few Channels You can Access them Via My Main Channel page or also you can See the Links I post Below I will Also Post links to My websites and Facebook so you don't Miss any of the action Sign Up Everywhere!!..;-) Cheers Nathan Wratislaw AKA 1 Owner Car Guy 406-544-6919 Make sure and visit Some of My Websites Below I do All Sorts of Unique Things..;-) http://www.1ownercarguy.com http://www.cerealmarshmallows.com http://www.Beaglespocket.com http://www.ClickWebs.com http://www.Hardener.com http://www.missoulaautoauction.com http://www.vita-depot.com http://www.Nathanwratislaw.com Also Make Sure And ADD Me or Subscribe on Facebook & Youtube http://www.facebook.com/cerealmarshmallows And For Youtube i have 2 channels you may want to add http://www.youtube.com/user/cerealmarshmallows http://www.youtube.com/user/1ownercarguy http://www.youtube.com/user/stockgambles http://www.youtube.com/user/montanamuscle Send Me Hate Mail or Goodies & Stuff to show on Youtube 1 Owner Car Guy (Nathan Wratislaw) PO Box 2505 Lakeside, Ca 92040 No Ticking items please..;-) Invest Investment Investing Cars Classics Truck Vans SUV Vehicles "Make Money" Buy Sell Find Get Classics Classic Vehicle "Nathan Wratislaw" "1 Owner Car Guy" Cash Money "For Sale" Save Keep Stocks Pontiac GTO Bricklin Rare Find Porsche "Mercedes Benz" BMW Lincoln Cadillac Oldsmobile Mazda RX-7 Buick Chevrolet Dodge Firebird "Trans Am" Ford Search Watch Import Export
Views: 10110 Cereal Marshmallows
Access full show post at: https://notequeen.com/2018/03/07/short-term-vs-long-term-investment-vehicles/ Don't have a Free Note Queen account yet? Sign Up For More Great Seller FInancing and Note Investing Content! http://notequeen.com/login/ Video Notes: 00:56 - How to engage and submit your questions? 02:56 - Post Consultation Update - Reducing Risk within Private Lending Practice 03:29 - How will rising interest rates affect Notes and Real Estate? 09:52 - What interest rate should I charge the borrower with owner carry financing? 10:28 - Exploring Short-Term vs. Long-Term Investment Vehicles (Balancing Risk vs. Reward) 16:44 - Exploring Sort-Term vs. Long-Term Investment Vehicles (Balancing Risk vs. Reward) 18:22 - Great Real Estate Educational Resource 23:04 - Realtors can be worth their weight in gold 27:24 - Who do you use for closing your owner financing deals? (i.e. Title Companies, Escrow Companies, etc.) 28:35 - Real Estate Note Newbie seeking discounted notes 34:16 - Best Way to Start Investing in Notes (*HINT - Developing ####### Partners from the Ground Up!) 37:40 - How Important is Protecting Your Investor's Money? 38:09 - Educating our capital partners on "Risk vs. Reward" 39:02 - Key to becoming a "Deal Maker" and "Rain Maker" 49:48 - How to get one-on-one training and support with the Note Queen? ------------------------------------------------------ ------------------------------------------------------ If you have a note to sell, please contact us now! http://notequeen.com/i-want-to-sell-my-note-what-is-it-worth/ Be sure to subscribe to our iTunes Podcast: "Owner Financing & Investing in Notes" by Dawn Rickabaugh. https://itunes.apple.com/us/podcast/owner-financing-note-investing/id1154479365 We're buying real estate and mobile homes in Carson City and surrounding areas! Please visit: http://webuycarson.com Creating financial solutions, just one Mom n' Pop to another.
Views: 108 Dawn Rickabaugh
Don’t waste money on whole life insurance. Get cheap term life insurance here, and then invest the rest! https://goo.gl/LFpCEj SUMMARY Brittany from Johnson City, TN calls into The Dave Ramsey Show to ask Dave about her life insurance policy. She currently has portfolio insurance, with both permanent whole life and term life insurance included. After going through Dave’s Financial Peace University, she learned that Dave doesn’t recommend whole life and wants to know if he agrees that she should switch to term life insurance. Dave reminds her, “Never under any circumstances use life insurance as an investment vehicle.” He advises instead to take the money you’re putting into a whole life policy and invest it in good mutual funds. When you use life insurance as an investment vehicle, you get a bad rate of return regardless of what your whole life agent quotes you. You make somewhere between 3–5% on your money rather than making 10–11% in mutual funds. Additionally, when you die with cash value life insurance, your beneficiary is only paid the face value of your policy. The cash value that you saved, that only accrued a small rate of return, is never given to your beneficiary. And you pay 20 times more for it than you would for term life insurance. Dave believes the best way to buy insurance is to go through a broker that shops around several companies and finds you the best term life insurance deal. RESOURCES Hear more of Dave explaining why term life is the only type of life insurance you should have: https://www.youtube.com/watch?v=zvs5WsfEjMY&index=1&list=PLN4yoAI6teRMyTbctjoCftKKEWIo6PRYS Learn the real truth about life insurance here: https://www.daveramsey.com/blog/the-truth-about-life-insurance Learn more about whole life vs. term life insurance: https://www.daveramsey.com/blog/term-life-vs-whole-life-insurance THE DAVE RAMSEY SHOW The Dave Ramsey Show channel will change the way you experience one of the most popular radio shows in the country! Watch video profiles of people just like you as they call in from Ramsey Solutions to do their debt-free scream live. The show streams live on YouTube M–F from 2–5pm ET! Watch here: https://www.youtube.com/channel/UC7eBNeDW1GQf2NJQ6G6gAxw
Views: 34902 The Dave Ramsey Show
What is Infinite Banking? Infinite Banking utilizes a concept originated by R. Nelson Nash, from his book, "Becoming Your Own Banker." This concept is based around high cash value life insurance as an investment vehicle. The reason Infinite Banking gets so much attention is because of the safe investments it is based around. No other investment works quite like cash value life insurance. By utilizing the power of whole life insurance as an investment (or also called permanent life insurance as an investment), we can grow our money in a much more predictable way. Cash value life insurance (if structured properly by a professional) offers minimum guaranteed returns, competitive growth, tax-free growth, tax-free transfer to heirs at death, complete liquidity and access to money, and no-loss provisions. Although this is a long-term strategy, it can match up to almost any Wall-Street type investment. This strategy is not for everyone. However, if safety and security are more important to you than risk, Infinite Banking may be right for you. -------- "What is Infinite Banking? A recent Dalbar study of equity mutual funds showed investors earning a 30 year return of just 3.66 percent. And those with asset allocation funds had returns of only 1.65 percent. All this in a year where the S&P 500 earned 10.65 percent. So, with all the highs and lows of investing, it turns out investors aren’t really making that much progress. But there has to be a way to earn competitive returns on your money without the emotional rollercoaster of Wall-Street investing. This is exactly what Infinite Banking does. You see, Infinite Banking utilizes high cash value life insurance to safely grow your money at a predictable rate. I know what you are thinking. Life insurance. What a horrible investment, right? But what most people don’t know is that, if properly structured and handled, whole life insurance can have some extremely attractive benefits. First off, if we structure a life insurance policy for cash value, it can have more growth in the short term, while also having considerable and competitive growth in the long term. One study showed whole life insurance policies growing at 6.52% over the long-term. And this is tax-free growth as well. See, we put money into a life insurance policy after we pay taxes, then, if we do things right, we will never pay taxes on the growth inside that policy. So, we have a competitive product that grows tax free. But life insurance offers us so much more than just that. Unlike your 401k or IRA, life insurance policies are liquid, meaning we can take our money out and use it whenever we want." -------- Follow us: https://business.facebook.com/wealthtreefinancial/ https://twitter.com/wealthtreefin https://www.linkedin.com/company/wealth-tree-financial https://plus.google.com/b/117834108999115858549/117834108999115858549 https://business.google.com/b/117834108999115858549/edit/l/03934285967302186885?pageId=117834108999115858549&hl=en https://www.youtube.com/channel/UCkQiTepTXj8GP_IvJTksIIw -- Wealth Tree Financial offers financial planning and education based on safe investments strategies: such as Infinite Banking and Indexed Annuities. With years of experience, our methods have been time tested and proven to help individuals meet their retirement goals predictably. These strategies work by eliminating market losses. The Infinite Banking Concept, from Nelson Nash in his book “Becoming Your Own Banker,” utilizes high cash value life insurance as an investment tool for safe investing. Because of the benefits of life insurance we can grow our money inside cash value life insurance, without losing money when the market goes down. We still have competitive growth inside life insurance policies while having liquidity and access to our money. Indexed Annuities offer safe retirement investments while still having the option for tax-deferred plans. Indexed Annuities do not lose money when the market goes down. However, by exchanging some of what we make on the upswing, we can eliminate the downside of the market. These are a few of the recommended safe investment options that Wealth Tree Financial offers. We pride ourselves in educating our clients on the best safe investments for them. Learn More http://WealthTreeFinancial.com/ Infinite Banking: http://wealthtreefinancial.com/understanding-infinite-banking-concept-explanation/ Indexed Annuities: http://wealthtreefinancial.com/annuities-good-investment/
Views: 2115 Banking for Life
Levi talks about Rule #7 Invest in what you use. This Rule is from Levi's 14 Personal Investing Rules that made him rich. Subscribe to Drawbridge Finance on YouTube: https://www.youtube.com/c/Drawbridgefinance?sub_confirmation=1 BOOKS THAT CHANGED MY LIFE: ►The Wealthy Barber: https://amzn.to/2sW9XTM ►The Millionaire Next Door: https://amzn.to/2HB6DTk ►Rich Dad, Poor Dad: https://amzn.to/2y5rD4S ►Think and Grow Rich: https://amzn.to/2t285sL ►Getting Started in Options: https://amzn.to/2LEJzWe MY VIDEO EQUIPMENT: ► Main Camera: https://amzn.to/2HxdGNL ► Main Lens: https://amzn.to/2FhwsXd ► VLOG Lens: https://amzn.to/2HuQ6B4 ► Bendy Tripod: https://amzn.to/2Jq2KSm ► Big Tripod: https://amzn.to/2HwRsvb ► Slider: https://amzn.to/2qZtXUo My primary investment strategy is long term high yield dividend investing. I have been an actively trading the market for over 20 years and have built most of my wealth by reinvesting my dividends and following my 14 Personal Rules of investing. I actively trade options on both the American and Canadian Stock exchanges. I am not a financial planner and am not offering investment advice. This is an opinion channel only and you are encouraged to seek professional financial planning advice. Let’s Get Rich Together, Levi Woods
Views: 696 Drawbridge Finance
Single family homes the American Dream, but that's not the only reason. Indecision we spoke about multiple reasons. Single family homes investment vehicle not just for the beginner investor. We also spoke about the differences between single family homes multi-unit. We took this opportunity to say a few words about Simply Do It Guided Real Estate Investing, and explain how we assist investors in the process of real estate investing. Find more about us on Simply Do It Guided Real Estate Investing http://simplydoit.net/ http://reistart.com/ https://www.facebook.com/wealthinrealestate Book on Amazon: http://a.co/gyNtnKG http://sdi.re #simplydoit [email protected]
Views: 10 Dani Beit-Or
What is a mutual funds? A mutual fund is an investment vehicle made up of a pool of moneys collected from many investors for the purpose of investing in securities such as stocks, bonds, money market instruments and other assets. Mutual funds are operated by professional money managers, who allocate the fund's investments and attempt to produce capital gains and/or income for the fund's investors. *****// Tags , kindly ingone this*****// Mutual, Fund, Mutual fund, Mutual funds, Mutual funds pakistan, Mutual funds investment in pakistan, Mutual funds in islam, Mutual funds sahi hai, Mutual funds advertisement, Mutual funds ads, Mutual funds sahi hai ad, Mutual funds halal or haram, Mutual funds vs stocks, What is a mutual fund youtube, What is a mutual fund?, What is a mutual fund, What is a mutual fund dave ramsey, Funds, What is mutual funds, Index funds, What is a mutual fund and how does it work, What is a mutual fund khan academy,Mutual funds for beginnerswhat is mutual funds,Mutual fund sahi hai,How to invest in mutual fund for first time,Mutual fund beginning guide,Mutual fund kya hai,Mutual funds basic,Mutual funds buying tips,Mutual funds in hindimutual funds profit,Mutual funds profit and loss,Profit booking in mutual funds,How to get profit in mutual funds,How to make profit in mutual funds,Mutual funds investment,Nitin bhatiawhat is a mutual fund,Wall street survivormutual funds bulgaria,Mutual funds »¼±®º°,Hedge fund,Dave ramsey,Dave ramsey show,Investing,Stock market,म्यूच्यूअल फंड,म्यूच्यूअल फण्ड क्या है,More interest scheme,Jyada byaj,Jada byaj ka tarika,Share market,Stocks,Equity,Trading,Wallstreetsurvivor.com,,Mutual,Fund,Mutual fund,Mutual funds,Mutual funds pakistan,Mutual funds investment in pakistan,Mutual funds in islam,Mutual funds sahi hai,Mutual funds advertisement,Mutual funds ads,Mutual funds sahi hai ad,Mutual funds halal or haram,Mutual funds vs stocks,What is a mutual fund youtube,What is a mutual fund?,What is a mutual fund,What is a mutual fund dave ramsey,Funds,What is mutual funds,Index funds,What is a mutual fund and how does it
Views: 66 Help Me Bro!
Things to consider before making an investment decision. Join InvestSMART's Head of Portfolio Services and Analyst, Mitchell Sneddon for a live Q&A as he unpacks the differences between separately managed accounts (SMAs) and managed funds. This webinar will explore the main things you need to consider when you are looking at investing in managed funds or separately managed accounts, with a specific look at InvestSMART’s portfolios. Topics covered will include: · How each investment vehicle operates · The differences between and benefits of each investment vehicle · What are InvestSMART’s portfolios and how can they help you
Views: 324 InvestSMART Group
Welcome to the Investors Trading Academy talking glossary of financial terms and events. Our word of the day is “Open Ended Investment Company (OEIC)” Primarily in the United Kingdom, a mutual fund in which the number of shares may be increased or decreased depending on the amount of money invested in the company. This means that the fund's capitalization is not fixed, and changes upon the demand of shareholders. In other words, an open-end investment company issues new stock when people invest in it, and buys back old shares when investors want to be rid of them. The latter is referred to as redeeming one's share of the mutual fund. The value of each share is the net portfolio value divided by the number of shares. In the United States, this investment vehicle is usually called an open-end mutual fund. The company pools money it raises by selling shares in a fund and the fund's manager invests in stock, bonds, money market instruments, or a combination of these asset classes to meet the fund's specific objectives. However, the open-end company may stop selling new shares in a fund if it decides the fund has grown too large to invest additional assets effectively. In contrast, when a closed-end investment company creates a fund, it issues only a limited number of shares, and those shares trade on the secondary market as shares of stock do. If you purchase fund shares directly from the open-end investment company, you pay the current net asset value (NAV) per share. You also redeem shares at the NAV that's current at the time you sell. If you buy shares through a broker or other investment professional, you may pay an up-front sales charge, or load. By Barry Norman, Investors Trading Academy - ITA
Views: 2827 Investor Trading Academy
Life Insurance as an Investment - Dave Ramsey Rant Subscribe to stay up to date with the latest videos: http://www.youtube.com/user/DaveRamseyShow?sub_confirmation=1 Visit the Dave Ramsey store today for resources to help you take control of your money! https://goo.gl/gEv6Tj Welcome to The Dave Ramsey Show like you've never seen it before. The show live streams on YouTube M-F 2-5pm ET! Watch Dave live in studio every day and see behind-the-scenes action from Dave's producers. Watch video profiles of debt-free callers and see them call in live from Ramsey Solutions. During breaks, you'll see exclusive content from people like Rachel Cruze, and Chris Hogan, Christy Wright and Chris Brown —as well as all kinds of other video pieces that we'll unveil every day. The Dave Ramsey Show channel will change the way you experience one of the most popular radio shows in the country!
Views: 57328 The Dave Ramsey Show
On the second day of #TREFMAS explains what Investment Comps are and how to Tulsa Real Estate Fund compares to similar financial products. Stay Connected to Tulsa Real Estate Fund: https://www.Facebook.com/TulsaRealEstateFundLLC https://www.Instagram.com/TulsaRealEstateFund To partner with Tulsa Real Estate Fund visit: https://TulsaRealEstateFund.com/ or call 1-844-73-TULSA for more information. The Tulsa Real Estate Fund (TREF) is the People’s Fund and has proudly begun accepting investments as the FIRST African American owned crowdfunding platform established to revitalize the urban community. TREF provides access to an SEC-regulated & qualified platform to pool our resources in a transparent way. This allows the people an opportunity to finance urban redevelopment in our neighborhoods and combat the displacement of longtime residents and the destruction of our rich culture. In 2012, President Obama signed the Jobs Act that made this all possible and it was this legislation that eventually opened up real estate investment crowdfunding to non-accredited investors giving average Americans the ability to pool funds as a way to raise capital. TREF’s mission is to purchase quality real estate projects in distressed neighborhoods, fix them up to sell or buy and hold as rentals providing its investors with an 8% preferred return and 50% prorated share in the profits. While TREF is the first Black-owned SEC-regulated investment fund, this is not the first time that our people have been self-sustaining. On June 1, 1921, the thriving Black Wall Street community in Tulsa, Oklahoma was destroyed. Today, 97 years later, we plan to rebuild ourselves through the Tulsa Real Estate Fund named in honor of that legacy. Open your Investment Account today at https://TulsaRealEstateFund.com/ and fund your account with as little as $500 (10 shares at $50 per share) plus processing fees. TREF Instagram: http://www.Instagram.com/TulsaRealEst... TREF Facebook: http://Facebook.com/TulsaRealEstateFu... TREF Website: https://TulsaRealEstateFund.com/ GENERALLY, NO SALE MAY BE MADE TO YOU IN THIS OFFERING IF THE AGGREGATE PURCHASE PRICE YOU PAY IS MORE THAN 10% OF THE GREATER OF YOUR ANNUAL INCOME OR NET WORTH. DIFFERENT RULES APPLY TO ACCREDITED INVESTORS AND NON-NATURAL PERSONS. PLEASE SEE OFFERING CIRCULAR.
Views: 170 Tulsa Real Estate Fund
Gallup data suggests this is the top investment for the fifth year in a row.
Views: 0 Michael Totman
Check out the ROI (return on investment) on these 9 classic cars from 2005 - 2017. Adjusted for inflation. Want to see more vides? Subscribe for more. www.modernclassicautos.com Link to the 2005 WSJ article. http://online.wsj.com/public/resources/documents/info-invcar04.html
Views: 1411 Modern Classics LLC
http://www.integritymarketingseo.com/Los_Angeles-California-seo-company-search-engine-optimization-service.html How Money Grows, What Investment Vehicles to Use, Mutual Funds, Stocks, Credit Unions, Retirment Planning and Strategies, Financial Education http://www.lifeinsuranceira401kinvestments.com/Pomona-ca http://www.lifeinsuranceira401kinvestments.com/Perris-ca
Views: 2073 FinancialPlanningTip
Subscribe ► http://goo.gl/WPKt5w For copyright issues please contact us at: [email protected] Owning a luxury car is a status symbol. It tells the world you have wealth and taste, and you're not afraid to show it! The world's rarest, most exclusive and most expensive cars are traded for more money than most of us pay for our homes. When you've made such an investment in a vehicle, the idea that you'd walk away and leave it behind one day seems crazy, but it happens much more often than you'd imagine. There are many reasons someone might abandon a luxury car, so let's find out the stories behind some of the most astonishing abandoned vehicles we've ever seen.
Views: 873704 Amazing Stock
IGrow Wealth Investments is the Leading Property Investment Group in South Africa. Create, Structure and Build your Residential Property Investment Portfolio with a Team of Experts. We are one of the only property investment companies in South Africa providing a holistic specialised and professional service on wealth creation, wealth protection and investing, using entry-level property as the underlying asset class. We view direct ownership of property as both the cornerstone and alternative vehicle to the traditional investment products available. It is a proven fact that 95% of people will not be able to retire financially free, and our investment strategy is aimed at ensuring that this never applies to you. Our property investment principals are based on Robert Kiyosaki’s methods of investing in property, but are specifically geared for the South African market and investor.
Views: 27744 IGrow Wealth Investments
YNAB (You Need A Budget) helps you gain total control of your money, stop living paycheck to paycheck, get rid of your debt and save more money, faster. New videos every Wednesday! Subscribe at https://www.youtube.com/user/YouNeedA... YNAB is a simple, four-step philosophy and award-winning software, with apps for the web, iOS, and Android, that works. On average, users save $600 in the first two months and $6,000 in the first year. With free, live daily classes, a weekly podcast, an active blog and weekly videos, YNAB has taught hundreds of thousands of people to get out of debt, stop living paycheck to paycheck and save more money, faster. Sign up for a free 34-day trial at www.youneedabudget.com For more from YNAB: Podcast: https://itunes.apple.com/us/podcast/y... Blog: http://youneedabudget.com/blog Facebook: http://facebook.com/iynab Twitter: http://twitter.com/ynab Google+: https://plus.google.com/+Youneedabudget
Views: 4353 You Need A Budget (YNAB)
Is Real Estate a Good Investment? It’s impossible to become wealthy by simply storing money away in a savings account, and that’s why investing is so important. There are many investment vehicles out there, and I’ve tried quite a few of them. But there are certain aspects about real estate that makes it the best and safest investment type. In this video, I’m sharing five key characteristics of real estate that make it the best investment vehicle! I’ll talk about building your net worth, tax benefits, and more. I’ll also elaborate on why real estate is a safe investment. You’ll learn about the power of cash flow, and how a real estate investment appreciates. I’ll also share why almost every single member of congress owns real estate investments. You’ll learn the best neighborhoods to find rental real estate properties, and how to make your money work for you. The Millionaire Real Estate Investor by Gary Keller: https://goo.gl/YLLoEu BOOK A FREE CALL WITH OUR TEAM TODAY AT MORRIS INVEST: https://goo.gl/DNIIh0 CHECK OUT OUR OTHER GREAT VIDEO PLAYLISTS LIKE: VIDEOS ABOUT TURNKEY REAL ESTATE INVESTING: https://goo.gl/1bGEhB OR VIDEOS ABOUT GETTING STARTED IN REAL ESTATE https://goo.gl/dPfWeY OR VIDEOS ABOUT REAL ESTATE NEWS https://goo.gl/m1b3U8 SUBSCRIBE AND JOIN OUR AWESOME COMMUNITY: https://goo.gl/Polf6I LISTEN TO THE PODCAST: iTunes: https://goo.gl/vM969n FOLLOW ME ON SOCIAL MEDIA: Twitter: http://www.twitter.com/claytonmorris Facebook: https://www.facebook.com/MorrisInvest Instagram: https://www.instagram.com/claytonmorris
Views: 4577 Morris Invest
What is SHORT-TERM INVESTMENT FUND? What does SHORT-TERM INVESTMENT FUND mean? SHORT-TERM INVESTMENT FUND meaning - SHORT-TERM INVESTMENT FUND definition - SHORT-TERM INVESTMENT FUND explanation. SUBSCRIBE to our Google Earth flights channel - https://www.youtube.com/channel/UC6UuCPh7GrXznZi0Hz2YQnQ Source: Wikipedia.org article, adapted under https://creativecommons.org/licenses/by-sa/3.0/ license. A short-term investment fund (STIF) is a type of investment fund which invests in money market investments of high quality and low risk. They are commonly used by investors to temporarily store funds while arranging for their transfer to another investment vehicle that will provide higher returns. This type of fund aims to protect capital while generating a return that compares favourably with a particular benchmark, such as a Treasury Bill index. These types of fund have low management fees (usually well beneath 1% p.a.) and relatively low rates of return, commensurate with their low-risk investment style.
Views: 68 The Audiopedia
Get 2 months of Skillshare for FREE using this link: https://skl.sh/realengineering13 Errors: I made an off hand comment about adding efficiencies in the video without thinking. This is obviously incorrect, but the final calculation does in fact multiply the efficiencies. Credits: Director: Stephanie Sammann (https://www.stephanie-sammann.com/) Narrator/Co-Director: Brian McManus Animations: Mike Ridolfi (https://www.moboxgraphics.com/) Sound: Graham Haerther (https://haerther.net/) Get your Real Engineering merch at: https://standard.tv/collections/real-engineering Editing Laptop: http://amzn.to/2GKXqb7 Camera: http://amzn.to/2oyVNp9 Microphone: http://amzn.to/2HOxVXu Patreon: https://www.patreon.com/user?u=2825050&ty=h Facebook: http://facebook.com/realengineering1 Instagram: https://www.instagram.com/brianjamesmcmanus Twitter: https://twitter.com/Fiosracht Discord: https://discord.gg/s8BhkmN My Patreon Expense Report: https://goo.gl/ZB7kvK Thank you to my patreon supporters: Adam Flohr, darth patron, Henning Basma, Mark Govea, Hank Green, Tony Kuchta, Jason A. Diegmueller, Chris Plays Games, William Leu, Frejden Jarrett, Vincent Mooney, Ian Dundore, John & Becki Johnston. Nevin Spoljaric, Kedar Deshpande
Views: 2006802 Real Engineering
SUBSCRIBE to Two Cents! https://goo.gl/jQ857H Cars have become an integral part of American society. While it can feel like buying a new car is granting you new freedom, buying a new car is more likely to take away your freedom and security. Welcome to the first episode of Two Cents • PBS! If you like this video, make sure to subscribe to our new channel! We'll be publishing new videos to this page every week. Two Cents on FB: https://www.facebook.com/TwoCentsPBS/ Two Cents on Twitter: @twocentspbs -- Two Cents was created by Katie Graham, Andrew Matthews, Philip Olson CFP® and Julia Lorenz-Olson and is brought to you by PBS Digital Studios. We love dropping some knowledge on all things personal finance and helping you make better money decisions. Two Cents is hosted by Philip Olson, CFP® and Julia Lorenz-Olson Directors: Katie Graham & Andrew Matthews Written by: Andrew Matthews & Julia Lorenz-Olson Produced by: Katie Graham & Amanda Fox Images by: Shutterstock Music by: APM SOURCES: http://gizmodo.com/589.../what-exactly-is-that-new-car-smell http://www.nielsen.com/.../saving-spending-and-living... http://press.ihs.com/.../slower-not-lower-ihs-automotive... http://www.marketwatch.com/.../most-americans-are-one... http://www.mckinsey.com/.../america-the-frugal-us... http://www.offthegridnews.com/.../you-wont-believe-how.../ http://www.carfax.com/.../what-to-consider/car-depreciation http://www.autoalliance.org/.../safety-advances-increase...
Views: 965120 Two Cents
Stokvels have evolved beyond just saving for groceries and funerals. But is this a viable investment vehicle and what do the returns look like? Simon Mohapi, an associate financial planner and member of the FPI joins CNBC Africa for more.
Views: 655 CNBCAfrica
( http://www.TFLcar.com ) Depreciation hurts, particularly with these 10 cars. However, since they lose value so quickly, they make great used buys! Mike and Nathan count down the Top 10 Fastest Depreciating Cars. Copyright notice: This list was created by iSeeCars.com. TFLcar does not claim ownership to the information contained within this list, and is using it for editorial and educational purposes. ( http://www.patreon.com/tflcar ) Please visit to support TFLcar & TFLtruck. Check us out on: Facebook: ( https://www.facebook.com/tfltruck ) Twitter: ( https://www.twitter.com/tfltruck ) and now even Truck Videos on YouTube at: The Fast Lane Truck ( http://www.youtube.com/user/tflcar ) and classic cars as well at: TFLClassics ( http://www.youtube.com/user/ClassicsUnleashed )
Views: 218382 TFLnow
I had the pleasure of speaking with Brent, the Founder and CEO of PWCC. Brent tells us about the bold vision of his company... to make trading cards a viable financial investment vehicle for anyone. Brent tells us about all the new exciting things coming from his company and the plans for the future. We also talk about the highly anticipated Michael Jordan Green PMG auction. Brent takes us behind the scenes of his company and how they handled this auction. Brent also tells us about the transparency of his company in dealing with things like shilling and other unwanted behavior in the hobby. https://www.pwccmarketplace.com/ Patreon: https://www.patreon.com/cardboardchronicles
Views: 1792 Cardboard Chronicles
#THEARTOFWEALTHBUILDING How to invest in Sip. Systematic Investment Plan is an investment vehicle, where an investor makes fixed, regular payments into a mutual fund, to reap the benefits of long-term investing. It helps you gain exposure to your selected asset class through the investment of a small or large amount of money, at fixed intervals and in a disciplined manner. Benefits of a SIP The compounding factor: make your money work for you by generating earnings which are further reinvested to generate their own earnings. The compounding process ensures that both the capital gains and interest earned from an investment, earn interest, as time passes. Rupee cost averaging: trump the maxim “buy low, sell high” by automatically adjusting quantity bought against price, in order to average the cost of acquisition over time. Investing a fixed amount in the markets, at regular intervals helps lower the average cost of investment, as one buys more quantity when the price falls, and less quantity when the price rises. Market timing becomes redundant: invest wisely across market cycles, reducing the impact of volatility. Since investments are made at fixed regular intervals, timing the market for appropriate entry levels becomes less important. Disciplined approach: inculcates discipline in the investment process, as the investor is committed to investing a fixed amount of money, at periodic intervals. Let the experts work for you: SIP as an investment vehicle provides you with the opportunity to invest in mutual funds which are professionally managed by capable investment managers who are committed to managing your money with skill and expertise. Converting goals to reality: a long-term, disciplined and systematic approach to investments can help investors realize their financial goals. In this video, I have explained the importance if CFP and budgeting, how you can budget your income each month and invest to become rich. Visit our website - https://theartofwealthbuilding.com/
Views: 6651 The Art Of Wealth Building
http://nealmcspadden.com I made this video to compare the after-tax treatment of investing in a 401k vs. a taxable account. It's not quite as cut and dried as most people make it out to be. The 401k reduces your income taxes today at the expense of realizing them tomorrow. The taxable account makes you pay income taxes today *and* tomorrow, but at lower rates. As always in personal finance, the devils are in the details and your situation is your own. Don't accept blanket statements from anybody. Check out the spreadsheet at https://goo.gl/J8R6DP Check out my other platforms: http://nealmcspadden.com https://www.youtube.com/channel/UCxt-bSHoD3JObnfvps77Hbg https://twitter.com/tamo42 https://www.pinterest.com/nealmcspadden/
Views: 850 Neal McSpadden
John has an investment vehicle through a large insurance company that will mature fully in a few months. He's had this B-structured security in an IRA for 5 years. John would like to know what he should do next now that his annuity is about to fully mature. Original air date: June 11, 2017 - Hour 2, Call 5. Wes Moss is the host of MONEY MATTERS – the country’s longest running live call-in, investment and personal finance radio show – on News 95-5FM and AM 750 WSB. You Can Retire Sooner Than You Think, by Wes Moss - Buy it here: http://a.co/4Srbldy
Views: 408 Wes Moss Money Matters
My Investment Majhi Guntavnuk Mutual fund is the vehicle which helps us to grow our initial investment into a big amount with the help of wealth creation science. This channel is all about the mutual fund investment, stock market and stock related information. The channel is especially for Marathi friends. Currently no any channel is there which will give information dedicated for Marathi speaking population. Wealth creation is very difficult task to perform for an individual who is a non-finance person. Most of the people are engaged in their work and they do think that finance is the responsibility of the Chartered Accountant or Tax Consultant only and they also think that their duty is to only earn money. With this thinking the especially the Marathi Man is way behind the society as far as the question of finance and investment is concern. So, with the Objective of “Making the Marathi Manus Financially Literate” we are launching this channel. We are here to uplift our Marathi society by increasing their knowledge about wealth creation and investment. We are making the Marathi man aware of passive income and converting it to greater amount than his active income which is very hard earned. We also give knowledge of share market investment on this channel that too in Marathi. The points will be covered in these videos are as follows; • Strategic Wealth Creation • Investment • Mutual Fund in Marathi • Retirement Planning • Risk Management • Debt Fund • Equity Fund • Hybrid Fund • Liquid Fund • Sector Funds • Stock Market • Portfolio Management • Returns in Mutual Fund Contact : Facebook – my investment1 Whatsapp – +91 8459090312 Email – [email protected]
Views: 105 My Investment
Synopsis : Yap pits 2 asset classes together and evaluates whether one has an upper edge over the other. About the Show Each week Yap shares his experience and worldview of the latest happenings in the financial world, highlights potential obstacles that may be stumbling blocks to a person's financial freedom and provides invaluable advice to his viewers. He would also be taking and answering questions posted by viewers i.e. YOU. So ask him anything! If you are interested to learn more, you can subscribe to the Yap's Money Life Show youtube channel to get first-hand information when a new video becomes available. You are also welcome to share the video with your friends Finally, remember to tune in every Saturday at 10.00 am, to watch firsthand NEW episodes from Yap’s Money Life Show. About Yap Ming Hui Yap Ming Hui is a bestselling author, TV personality, columnist and coach. He heads Whitman, a holistic wealth management company which has helped people to grow their money with high certainty since 2000. For more information, please visit his website at www.whitman.com.my Connect with Yap: WhatsApp : 011-3400-4658 Email : [email protected] Like Yap on FACEBOOK: http://bit.ly/2rkRNtF Follow Yap on TWITTER: http://bit.ly/2riF4cw Subscribe to Yap’s YOUTUBE channel: https://www.youtube.com/channel/UCv6jzNpPeNPf3herGmiP1xA If you do not wish to miss any of our videos, please enable us to notify you our latest episode. Click subscribe – click the bell – tick the box to receive notifications
Views: 380 Yap's Money Life Show
Mutuals funds are pools of money, poured in by a large number of investors in expectation of getting high returns and security of the Deposit. In this video, I have put some light on the wise use of this investment vehicle. Hope it will help. Groww App - https://groww.app.link/refe/supinder Financial Wisdom Series - http://bit.ly/2Tdfl4V Subscribe to our Channel - http://bit.ly/lolsub Stay Connected! Follow us on - Blog - https://urlifemate.com Facebook - https://facebook.com/urlifemate Instagram - https://instagram.com/urlifemate Twitter - https://twitter.com/urlifemate Pinterest - https://www.pinterest.com/urlifemate About - Learn With Lolly is a YouTube Channel where you can find Financial Knowledge videos in Hindi.
Views: 17 Ur Lifemate
FinTree website link: http://www.fintreeindia.com FB Page link :http://www.facebook.com/Fin... We love what we do, and we make awesome video lectures for CFA and FRM exams. Our Video Lectures are comprehensive, easy to understand and most importantly, fun to study with! This Video was recorded during a one of the CFA Classes in Pune by Mr. Utkarsh Jain.
Views: 615 FinTree
What do I do? Full-time independent stock market analyst and researcher: https://sven-carlin-research-platform.teachable.com/p/stock-market-research-platform Check the comparative stock list table on my Stock market research platform under curriculum preview! I am also a book author: Modern Value Investing book: https://amzn.to/2lvfH3t More about me and some written reports at the Sven Carlin blog: https://svencarlin.com Stock market for modern value investors Facebook Group: https://www.facebook.com/groups/modernvalueinvesting/ The main difference between index funds investing today and in Graham’s time are the fees which in some cases were up to 9% entry fee back then while now you can buy a market fund with a yearly asset management fee of 0.04%. Further, at his time there weren’t any actual index funds that are the key investment vehicle at the moment, especially if an ETF. Graham on mutual funds Graham believes that the average investor does better by investing in funds rather than investing is stocks directly as funds promote the “good habits of savings and investing”. Those good habits are unfortunately not promoted by ETFs as the only purpose of those is to be tradable which is something you don’t want to do when you are a defensive investor and own a fund. Funds’ performance What is interesting is that the funds analyzed by Graham performed better than the Dow Jones index and in line with the S&P 500. However, when digging deeper and analyzing the best performers he points how some of the managers took undue speculative risks to reach those results which is something investors should be careful about. Graham further describes the typical stock market story where funds always set out to beat the market and the handful that do attract even more capital that allows them to continue to do so for a while. When the opposite happens, such funds are usually mergered into other funds so you don’t even hear about those anymore. Something similar is going on with current markets where index funds did really well and as money keeps coming in, those continue to do well. However, Graham describes such performance by using a French quote: “Plus ça change, plus c'est la même chose” That literarily means: “The more it changes the more it is the same “. Applying this to the new environment, as index funds keep going up, I am scared of what it will look like when the 35 year trend reverts. Buy closed end funds If you want to invest in funds Graham’s take is to buy closed end funds that cannot take anymore financing and thus focus on performance. Needles to say, one such fund is Berkshire. Further, you should buy only at 10% to 15% discount to asset value. In the case of BRK this should be at around 1.2 of book value as much of BRK’s value is not on the books. Back to index funds So, according to Graham, if we must buy actively managed funds we should buy discounted closed end funds in order to get value when we buy. As index funds weren’t yet introduced back then we can only estimate what would Graham’s take be on them but given Graham’s preference for a simple 75% to 25% stock bond allocation for the defensive investor what would make it even easier it using an index fund like the S&P 500. When stocks are expensive you hold more bonds and vice versa. As the price to earnings ratio of the S&P 500 is now 24.87 implying a long term earnings yield of 4% we could say stocks are expensive as the 2-year Treasury bond yields 2.57% at no risk. Further, corporate earnings are stretched thanks to tax benefits and 8 years of economic expansion and low interest rates. Figure 1 S&P 500 price to earnings ratio Source: Multpl 4% at high risk as the S&P 500 can easily go down to 1,500 points versus 2.57% at no risk is a good question to answer where each one of us has to make. Nevertheless, if we return to Grahams key investing habits of saving and investing on a monthly basis you should actually rejoice a stock market crash as you would be able to buy more and have a higher dividend yield and return on investment over time. Conclusion I am not usually saying that index funds are bad but simply that the risk at current levels is too high for the returns and the lower yielding Treasury is better from a risk reward perspective than an index funds. I think Graham would agree as stocks were extremely expensive for him in 1971 where we can see above the price to earnings ratio was close to 19.
Views: 2895 Invest with Sven Carlin, Ph.D.