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Recording

How much Money i made Investing in the Stock Market after 1 Year [oDgaTXFBwwM]

2021-09-14 · 21 min

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  1. rev_cf6ca742b8dc337e4d0a2e2efb731c78Machine-generated and unreviewed; may be wrong; not a verified quotation.
    enraw_asractive472 segments

Transcript

en
  1. About a year ago, I started investing in

    Segment details0:00–0:03 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_0
  2. the stock market, and it's kind of been my

    Segment details0:03–0:06 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_1
  3. number one interest and hobby right now.

    Segment details0:06–0:09 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_2
  4. It's the main thing I feel really

    Segment details0:09–0:11 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_3
  5. interested in and into. So I thought I'd

    Segment details0:11–0:13 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_4
  6. make a video about how much money I've

    Segment details0:14–0:15 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_5
  7. made after investing in the stock market

    Segment details0:16–0:18 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_6
  8. for a year now. Well, it's been a very

    Segment details0:18–0:21 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_7
  9. bumpy ride. Things started off very, very

    Segment details0:21–0:23 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_8
  10. well. I guess you could call that

    Segment details0:23–0:25 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_9
  11. beginner's luck. And then things kind of

    Segment details0:26–0:27 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_10
  12. went bad, and then they kind of

    Segment details0:28–0:29 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_11
  13. stabilized, and then they started to get a

    Segment details0:30–0:31 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_12
  14. tiny bit better. Trying to make money off

    Segment details0:31–0:33 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_13
  15. the stock markets and trading and

    Segment details0:34–0:35 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_14
  16. investing, it's weird because it can be

    Segment details0:35–0:37 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_15
  17. very easy at some times, and then other

    Segment details0:37–0:39 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_16
  18. times it can be very difficult. Since I

    Segment details0:40–0:41 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_17
  19. started investing, I think I've made every

    Segment details0:42–0:43 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_18
  20. single mistake that anyone could possibly

    Segment details0:44–0:46 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_19
  21. make whilst trying to invest and trade,

    Segment details0:46–0:48 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_20
  22. and I've learned a lot since I started.

    Segment details0:48–0:50 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_21
  23. It's kind of like everything in life, you

    Segment details0:50–0:52 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_22
  24. can't really expect to be good at anything

    Segment details0:53–0:54 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_23
  25. straight away from the beginning. It takes

    Segment details0:54–0:56 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_24
  26. time to learn a new skill. And investing

    Segment details0:57–0:58 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_25
  27. and trading is just like any other skill.

    Segment details0:58–1:00 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_26
  28. You need to put time and effort into

    Segment details1:01–1:02 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_27
  29. learning how to do it. And if you also

    Segment details1:03–1:04 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_28
  30. want to begin investing and trading, then

    Segment details1:04–1:06 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_29
  31. use my referral link in the description

    Segment details1:06–1:08 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_30
  32. below and we both get a free stock each.

    Segment details1:08–1:11 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_31
  33. Okay, so that's my intro. Next, I want to

    Segment details1:11–1:14 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_32
  34. show you my portfolios and show you how

    Segment details1:14–1:16 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_33
  35. they're doing. So I've got several

    Segment details1:17–1:18 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_34
  36. portfolios and this is one of them. It's a

    Segment details1:18–1:22 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_35
  37. copy trading portfolio, basically.

    Segment details1:22–1:25 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_36
  38. You just copy someone else's portfolio and

    Segment details1:25–1:28 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_37
  39. every move, every trade they make, you

    Segment details1:28–1:31 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_38
  40. also make it. It's kind of like mirroring

    Segment details1:31–1:33 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_39
  41. what they do. And it's kind of funny

    Segment details1:33–1:35 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_40
  42. because out of all my portfolios, this one

    Segment details1:35–1:37 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_41
  43. is the one that's done the best. As you

    Segment details1:37–1:39 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_42
  44. can see, I'm copying this guy. I blanked

    Segment details1:40–1:42 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_43
  45. out his name just in case he doesn't like

    Segment details1:42–1:44 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_44
  46. me showing his name. Well, I'm copying

    Segment details1:45–1:46 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_45
  47. this guy's portfolio. He's the number one

    Segment details1:46–1:49 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_46
  48. most popular portfolio to copy on this

    Segment details1:49–1:52 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_47
  49. website called eToro. And after a year, I

    Segment details1:52–1:55 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_48
  50. put about— I think I put £3,000 into it

    Segment details1:56–1:59 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_49
  51. in total. And after a year, he's gotten me

    Segment details2:00–2:02 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_50
  52. an 18.58% gain over the year, which is

    Segment details2:02–2:05 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_51
  53. actually pretty good compared to my other

    Segment details2:06–2:08 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_52
  54. portfolios, which are down like 40%. So I

    Segment details2:09–2:11 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_53
  55. think this whole copy portfolio trading

    Segment details2:11–2:13 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_54
  56. thing is a pretty good idea. It's very

    Segment details2:13–2:15 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_55
  57. hands-off. You don't really have to do

    Segment details2:15–2:16 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_56
  58. anything. You just decide how much money

    Segment details2:17–2:18 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_57
  59. you want to put in. And basically he

    Segment details2:18–2:20 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_58
  60. manages the portfolio for you and you can

    Segment details2:20–2:23 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_59
  61. check out his profile and then you can

    Segment details2:23–2:25 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_60
  62. find out about his experience and his

    Segment details2:25–2:27 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_61
  63. history, career history, what kind of

    Segment details2:28–2:30 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_62
  64. person he is, what kind of investments he

    Segment details2:30–2:31 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_63
  65. makes. You can check out his entire

    Segment details2:32–2:33 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_64
  66. portfolio. He's got stuff like Microsoft,

    Segment details2:33–2:35 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_65
  67. Ford. He's got a lot of stuff. He's

    Segment details2:35–2:37 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_66
  68. basically got a very good,

    Segment details2:37–2:38 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_67
  69. well-diversified portfolio, which I should

    Segment details2:39–2:41 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_68
  70. have had. And if I had one as well, I

    Segment details2:42–2:44 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_69
  71. wouldn't have had such big losses in the

    Segment details2:44–2:46 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_70
  72. beginning of this year. So if you want

    Segment details2:46–2:48 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_71
  73. like a hands-off approach to it and you

    Segment details2:48–2:50 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_72
  74. want someone else who's got more

    Segment details2:50–2:52 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_73
  75. experience than you do, I mean, this guy

    Segment details2:52–2:54 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_74
  76. has, what, 10 years plus experience

    Segment details2:54–2:56 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_75
  77. trading and investing. And I thought I

    Segment details2:56–2:59 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_76
  78. could do better than he could when I only

    Segment details2:59–3:01 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_77
  79. just started and I only had like a few

    Segment details3:01–3:03 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_78
  80. months experience. I thought I'll just put

    Segment details3:04–3:06 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_79
  81. a tiny bit of money into his portfolio

    Segment details3:06–3:08 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_80
  82. because I think I can do better. Well,

    Segment details3:08–3:09 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_81
  83. that didn't turn out very well, did it? I

    Segment details3:10–3:12 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_82
  84. guess you have to have some degree of

    Segment details3:12–3:13 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_83
  85. trust in the person. You've got to believe

    Segment details3:14–3:15 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_84
  86. that they know what they're doing. And

    Segment details3:15–3:17 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_85
  87. yeah, if they make a bad trade, then

    Segment details3:17–3:19 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_86
  88. you're going to suffer the consequences of

    Segment details3:19–3:22 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_87
  89. that bad trade as well. Hopefully you pick

    Segment details3:23–3:24 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_88
  90. someone who has a lot of experience and

    Segment details3:25–3:26 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_89
  91. they know what they're doing. And the rest

    Segment details3:26–3:28 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_90
  92. of the stuff I have on eToro is just

    Segment details3:28–3:30 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_91
  93. crypto stuff. I had a bit of Ethereum

    Segment details3:31–3:33 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_92
  94. that's up nicely, up 45%, and I

    Segment details3:34–3:37 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_93
  95. got some Doge and ADA,

    Segment details3:37–3:40 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_94
  96. which are not doing very well. Okay,

    Segment details3:40–3:44 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_95
  97. so this is my second portfolio. It's my

    Segment details3:44–3:46 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_96
  98. second biggest one, my second largest one.

    Segment details3:47–3:49 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_97
  99. And as you can see from this line graph

    Segment details3:49–3:51 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_98
  100. over the past year, wow, what a story this

    Segment details3:51–3:55 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_99
  101. tells. So I originally put in about, I

    Segment details3:55–3:58 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_100
  102. think, £6,500. Yeah, you can see I'm up by

    Segment details3:58–4:01 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_101
  103. £4,680. Finally, this is my second

    Segment details4:01–4:05 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_102
  104. portfolio to get back into the green after

    Segment details4:05–4:07 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_103
  105. you can see this complete utter chaos that

    Segment details4:08–4:10 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_104
  106. happened. So I started off— this is where

    Segment details4:11–4:12 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_105
  107. I started off in the beginning, back in

    Segment details4:13–4:14 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_106
  108. October last year. I put in $2,000, I

    Segment details4:14–4:17 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_107
  109. think, in the beginning. Yeah. And I added

    Segment details4:17–4:19 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_108
  110. more. I think I added another $4,000 to

    Segment details4:19–4:21 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_109
  111. get up to here. That's just me adding

    Segment details4:22–4:23 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_110
  112. money when it goes straight up. So I

    Segment details4:23–4:25 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_111
  113. finished adding money around here. So I

    Segment details4:26–4:27 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_112
  114. had about $6K. And it just went up and up

    Segment details4:28–4:30 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_113
  115. and up like this. Amazing. If you want to

    Segment details4:31–4:33 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_114
  116. know which stock I got at this time, I

    Segment details4:34–4:35 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_115
  117. only had one stock, mostly just one stock.

    Segment details4:36–4:38 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_116
  118. It was NIO, this Chinese electric car

    Segment details4:38–4:40 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_117
  119. vehicle company, and it was just going up

    Segment details4:41–4:43 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_118
  120. and up and up. I bought it around $40. It

    Segment details4:44–4:45 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_119
  121. went all the way up to about $60. And at

    Segment details4:46–4:49 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_120
  122. the time I was thinking, yeah, investing,

    Segment details4:49–4:51 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_121
  123. you've got to buy and hold. You're not

    Segment details4:51–4:52 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_122
  124. supposed to sell. You've got to buy and

    Segment details4:53–4:54 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_123
  125. hold it as long as possible because It's

    Segment details4:54–4:56 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_124
  126. just going to go up and up and up like

    Segment details4:57–4:58 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_125
  127. this forever and never come down. That's

    Segment details4:58–5:01 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_126
  128. what I thought when I first started

    Segment details5:01–5:03 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_127
  129. investing. And then around February,

    Segment details5:03–5:05 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_128
  130. everything just came crashing down around

    Segment details5:05–5:08 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_129
  131. here. The Nasdaq had a massive correction

    Segment details5:08–5:10 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_130
  132. of, I think, about 10%. But some stocks,

    Segment details5:10–5:14 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_131
  133. most of the stocks I had came down about

    Segment details5:14–5:16 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_132
  134. 40%. So NIO crashed all the way down from

    Segment details5:17–5:20 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_133
  135. about $60 all the way down to about $35.

    Segment details5:20–5:22 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_134
  136. And all my profits in this portfolio, I

    Segment details5:23–5:26 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_135
  137. had nearly £11,000,

    Segment details5:26–5:27 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_136
  138. had nearly £11,000 in this portfolio at

    Segment details5:29–5:32 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_137
  139. one point, came all the way down to about

    Segment details5:32–5:34 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_138
  140. £5,000-ish. And I panic sold. I sold all

    Segment details5:34–5:38 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_139
  141. my NIO and I switched to different stocks.

    Segment details5:38–5:41 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_140
  142. I took all the money out of NIO and I put

    Segment details5:41–5:43 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_141
  143. the remaining money, the £5,500, into more

    Segment details5:43–5:47 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_142
  144. stable things like oil stocks, Bank of

    Segment details5:47–5:50 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_143
  145. America, banking stocks, JPMorgan, and

    Segment details5:50–5:53 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_144
  146. also Walgreens Boots and some tobacco

    Segment details5:53–5:56 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_145
  147. stock, which is— these stocks are called

    Segment details5:56–5:58 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_146
  148. value stocks. They're more stable. They

    Segment details5:58–6:00 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_147
  149. also pay a dividend. And as you can see,

    Segment details6:00–6:02 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_148
  150. it's just kind of gone in a flat line.

    Segment details6:02–6:05 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_149
  151. It's not really gone up much recently. It

    Segment details6:05–6:07 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_150
  152. has started to go up a little bit, but it

    Segment details6:07–6:09 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_151
  153. hasn't really made much, hasn't really

    Segment details6:10–6:12 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_152
  154. made much gains, much profits. But the

    Segment details6:12–6:15 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_153
  155. good thing is it's not constantly crashing

    Segment details6:16–6:17 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_154
  156. like this, which would have happened if I

    Segment details6:17–6:19 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_155
  157. carried on holding NIO. NIO was just all

    Segment details6:20–6:22 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_156
  158. over the place. You get more stable stocks

    Segment details6:22–6:24 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_157
  159. like banking stuff, oil, electric utility

    Segment details6:25–6:27 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_158
  160. companies, it'll be more stable. It won't

    Segment details6:27–6:29 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_159
  161. go up by much, but then it won't suddenly

    Segment details6:29–6:32 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_160
  162. crash by loads either. And this page

    Segment details6:32–6:34 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_161
  163. compares my investments to the All-World

    Segment details6:34–6:37 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_162
  164. ETF, which is basically just an index fund

    Segment details6:37–6:40 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_163
  165. that tracks all of the markets globally.

    Segment details6:41–6:43 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_164
  166. It says it's an index that includes

    Segment details6:44–6:46 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_165
  167. roughly 3,900 holdings in 50

    Segment details6:47–6:50 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_166
  168. countries. So as you can see, my

    Segment details6:50–6:52 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_167
  169. investments versus the all-world ETF are

    Segment details6:52–6:55 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_168
  170. actually, actually worse. I would have

    Segment details6:55–6:58 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_169
  171. made more money, only slightly, but I

    Segment details6:58–7:00 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_170
  172. would have made more money if I just put

    Segment details7:00–7:01 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_171
  173. it all into this all-world ETF, which

    Segment details7:01–7:03 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_172
  174. started off here when I started, and then

    Segment details7:04–7:06 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_173
  175. it just slowly, slowly went up like a

    Segment details7:06–7:09 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_174
  176. roller coaster. Damn, I can't believe at

    Segment details7:10–7:12 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_175
  177. one point I had an 80% gain on my NIO

    Segment details7:12–7:15 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_176
  178. trade alone. If only I sold right here. I

    Segment details7:16–7:19 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_177
  179. should have sold here. I would have been

    Segment details7:19–7:20 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_178
  180. like this, flying up at 80% gains,

    Segment details7:20–7:24 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_179
  181. completely destroying this all-world ETF.

    Segment details7:24–7:27 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_180
  182. But nope, I just held and held and held,

    Segment details7:27–7:29 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_181
  183. getting greedy, thinking, oh, it's going

    Segment details7:30–7:32 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_182
  184. to go to $100, it's going to go to $200.

    Segment details7:32–7:34 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_183
  185. No, when you've got an 80% gain It might

    Segment details7:34–7:37 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_184
  186. be time to start locking in some profits

    Segment details7:38–7:40 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_185
  187. instead of just holding it forever until

    Segment details7:41–7:42 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_186
  188. this happens. It's like falling off a

    Segment details7:42–7:45 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_187
  189. bloody cliff here. But then things start

    Segment details7:45–7:47 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_188
  190. to stabilize and catch up. Look, it

    Segment details7:48–7:50 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_189
  191. started to catch up here with the

    Segment details7:50–7:51 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_190
  192. all-world ETF with my stable dividend oil

    Segment details7:51–7:55 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_191
  193. and banking stocks. And actually, yeah, I

    Segment details7:55–7:58 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_192
  194. do have an 18.82% gain, which is— now

    Segment details7:58–8:02 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_193
  195. that I think about it, it's better than

    Segment details8:03–8:03 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_194
  196. the eToro copy trading guy. That one has

    Segment details8:03–8:06 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_195
  197. an 18.58% gain. Wait,

    Segment details8:06–8:10 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_196
  198. that means I'm better than the eToro

    Segment details8:10–8:12 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_197
  199. trading guy who I'm copying who has like

    Segment details8:12–8:14 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_198
  200. 12, 15 years of experience. Haha.

    Segment details8:14–8:17 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_199
  201. Unfortunately, this is where the laughter

    Segment details8:18–8:20 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_200
  202. ends and the tears begin because this is

    Segment details8:20–8:22 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_201
  203. my number one main portfolio. So I started

    Segment details8:22–8:26 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_202
  204. off with £21,000. This was the money I got

    Segment details8:26–8:30 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_203
  205. when my dad passed away. And I put it into

    Segment details8:30–8:32 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_204
  206. this investment account. And as you can

    Segment details8:32–8:34 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_205
  207. see, I am down £9,000. Jesus Christ.

    Segment details8:35–8:38 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_206
  208. This is the worst investment decision I've

    Segment details8:39–8:41 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_207
  209. ever made. This is the most money I've

    Segment details8:41–8:43 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_208
  210. lost in my entire life. And yeah, it's

    Segment details8:43–8:46 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_209
  211. pretty depressing to think about it, but

    Segment details8:46–8:49 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_210
  212. we've got to stay hopeful. Let's analyze

    Segment details8:49–8:51 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_211
  213. the problem and see what went wrong. So as

    Segment details8:51–8:53 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_212
  214. you can see, up until this point, I was

    Segment details8:53–8:55 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_213
  215. just adding money and then I did really

    Segment details8:55–8:58 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_214
  216. well. Look at this. Straight up like that.

    Segment details8:58–9:01 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_215
  217. And I nearly got to— well, I did at one

    Segment details9:02–9:05 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_216
  218. point have 30, nearly £32,000.

    Segment details9:05–9:09 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_217
  219. I nearly got £12,000 in profits.

    Segment details9:09–9:13 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_218
  220. Unfortunately, the same thing happened

    Segment details9:13–9:15 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_219
  221. back in February with this account as

    Segment details9:16–9:17 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_220
  222. well. NASDAQ corrected about 10%, but then

    Segment details9:17–9:20 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_221
  223. all my stocks corrected about 40-50%, and

    Segment details9:20–9:24 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_222
  224. we just fell off a cliff like this. And

    Segment details9:24–9:27 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_223
  225. you might be thinking, what the hell did

    Segment details9:27–9:29 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_224
  226. you invest in to lose so much? Well, it's

    Segment details9:29–9:31 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_225
  227. mainly 100% investing in very speculative

    Segment details9:31–9:34 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_226
  228. hype stocks like Tesla, BNGO,

    Segment details9:35–9:38 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_227
  229. Microvision, a bunch of other ones I don't

    Segment details9:38–9:40 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_228
  230. really remember. To get up to this point,

    Segment details9:40–9:43 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_229
  231. I just swing traded a bunch of different

    Segment details9:43–9:45 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_230
  232. things like Macy's, American Airlines.

    Segment details9:45–9:47 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_231
  233. But then I started trying to focus on

    Segment details9:48–9:50 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_232
  234. these very— what are they called? Yeah,

    Segment details9:50–9:53 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_233
  235. hype stocks like BNGO that would go up 20%

    Segment details9:53–9:56 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_234
  236. in a day. And that really excited me. And

    Segment details9:56–9:59 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_235
  237. I decided I wanted to make more money much

    Segment details9:59–10:03 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_236
  238. faster. So I put all the money into

    Segment details10:03–10:05 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_237
  239. basically 2 stocks, Microvision and

    Segment details10:05–10:08 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_238
  240. BNGO. BNGO is a gene editing startup

    Segment details10:08–10:12 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_239
  241. company that doesn't even make any

    Segment details10:12–10:14 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_240
  242. profits. They've only been operating for

    Segment details10:14–10:15 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_241
  243. maybe a year or 2. And Microvision has

    Segment details10:16–10:19 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_242
  244. been operating for decades, or nearly

    Segment details10:19–10:22 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_243
  245. decades, maybe at least 10 years. And

    Segment details10:22–10:24 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_244
  246. Microvision makes kind of like augmented

    Segment details10:24–10:26 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_245
  247. reality LiDAR sensor things. They designed

    Segment details10:27–10:31 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_246
  248. some kind of augmented reality for

    Segment details10:31–10:33 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_247
  249. Microsoft. I think the CEO is actually the

    Segment details10:33–10:35 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_248
  250. guy who was in charge of the Google Glass

    Segment details10:36–10:38 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_249
  251. project back then. You remember the Google

    Segment details10:38–10:40 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_250
  252. Glass thing? So it's a very speculative

    Segment details10:41–10:42 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_251
  253. stock and people were speculating that

    Segment details10:42–10:44 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_252
  254. their LiDAR technology will be used in a

    Segment details10:45–10:47 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_253
  255. Tesla electric vehicle car company and

    Segment details10:47–10:49 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_254
  256. that would make the stock go to the moon.

    Segment details10:49–10:52 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_255
  257. And I thought, well, if everyone is saying

    Segment details10:52–10:54 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_256
  258. this, then this must be true. So I put

    Segment details10:54–10:56 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_257
  259. half the portfolio, which was at the time

    Segment details10:57–10:58 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_258
  260. about £10,000-£12,000 into Microvision.

    Segment details10:59–11:01 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_259
  261. Then I put like £15,000 into BNGO. And

    Segment details11:01–11:04 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_260
  262. then February came, Nasdaq corrected and

    Segment details11:05–11:07 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_261
  263. all these hype speculative stocks crashed

    Segment details11:07–11:09 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_262
  264. like 40-50%. And then I crashed all the

    Segment details11:09–11:12 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_263
  265. way down to here. It was very depressing.

    Segment details11:12–11:16 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_264
  266. Seeing your portfolio go from $32,000 all

    Segment details11:16–11:19 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_265
  267. the way down to $8,000 is not very

    Segment details11:20–11:23 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_266
  268. fun. So around this point, I decided to

    Segment details11:23–11:26 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_267
  269. panic sell BNGO Microvision and I put

    Segment details11:26–11:30 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_268
  270. half of it into Bitcoin stocks. Now, at

    Segment details11:31–11:34 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_269
  271. the time, Elon Musk had just tweeted that

    Segment details11:34–11:36 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_270
  272. Tesla is going to accept Bitcoin for

    Segment details11:37–11:38 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_271
  273. payment. And Bitcoin shot up to over

    Segment details11:39–11:40 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_272
  274. $60,000. And your boy genius investing

    Segment details11:41–11:45 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_273
  275. Daniel right here decided to put half his

    Segment details11:45–11:47 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_274
  276. remaining money, which had just plummeted

    Segment details11:47–11:50 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_275
  277. by over 50% already. I put the remaining

    Segment details11:50–11:52 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_276
  278. of that into Bitcoin stocks, which then I

    Segment details11:52–11:56 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_277
  279. think, yeah, Bitcoin crashed because Tesla

    Segment details11:56–11:59 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_278
  280. then Elon Musk then changed his mind and

    Segment details11:59–12:01 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_279
  281. said, oh wait, we're not going to accept

    Segment details12:02–12:03 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_280
  282. Bitcoin anymore. Then China also clamped

    Segment details12:04–12:05 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_281
  283. down on Bitcoin mining. Crypto crashed and

    Segment details12:06–12:08 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_282
  284. so did my portfolio. It crashed even more

    Segment details12:09–12:10 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_283
  285. down to $8,000. And yeah,

    Segment details12:11–12:14 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_284
  286. I've just been holding the, the Bitcoin

    Segment details12:14–12:17 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_285
  287. mining stocks up until around here.

    Segment details12:18–12:21 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_286
  288. And I also held a different— I think I'm

    Segment details12:22–12:24 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_287
  289. still holding on to BNGO up until around

    Segment details12:24–12:26 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_288
  290. here. I finally decided to let go of

    Segment details12:26–12:29 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_289
  291. BNGO, I think around here. And I sold

    Segment details12:30–12:34 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_290
  292. most of my Bitcoin mining stuff when

    Segment details12:34–12:36 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_291
  293. crypto bounced back above $40K. So this is

    Segment details12:37–12:40 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_292
  294. the stock chart for BNGO,

    Segment details12:40–12:42 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_293
  295. and I just wanted to show you where I

    Segment details12:44–12:46 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_294
  296. bought into it and what's happened to it

    Segment details12:46–12:48 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_295
  297. now. So I bought in at around $12,

    Segment details12:48–12:51 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_296
  298. which was around here. Between $12 and $14

    Segment details12:52–12:54 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_297
  299. is where I bought most of my BNGO. And as

    Segment details12:55–12:58 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_298
  300. you can see, it's just— it first crashed,

    Segment details12:58–13:00 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_299
  301. had a bit of bounce, crashed again. Bit of

    Segment details13:00–13:02 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_300
  302. bounce, crash again, had a quite a big

    Segment details13:02–13:04 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_301
  303. bounce here, and I was getting quite

    Segment details13:05–13:06 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_302
  304. excited here thinking, oh yes, B&J is

    Segment details13:07–13:09 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_303
  305. going to go straight back up now.

    Segment details13:09–13:10 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_304
  306. Instead, it just died out like this,

    Segment details13:10–13:13 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_305
  307. flat, and now it's just kind of stuck

    Segment details13:13–13:16 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_306
  308. around $5. So it's dropped

    Segment details13:16–13:19 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_307
  309. by more than 50%, and people say you only

    Segment details13:20–13:22 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_308
  310. lose your money if you sell, but that's

    Segment details13:22–13:24 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_309
  311. not really true. You also lose your money

    Segment details13:25–13:26 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_310
  312. if you keep holding it And the stock never

    Segment details13:26–13:28 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_311
  313. goes back up? What if BNGO never goes back

    Segment details13:29–13:31 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_312
  314. up to $12? I could be holding this thing

    Segment details13:31–13:33 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_313
  315. for 10 years and it might just drop down

    Segment details13:33–13:35 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_314
  316. to $2 and then go up to $6 and stay in

    Segment details13:35–13:38 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_315
  317. between $5 and $7. I just kind of lost

    Segment details13:38–13:42 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_316
  318. hope with BNGO and I sold it all at a

    Segment details13:42–13:45 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_317
  319. loss. So I locked in the losses because

    Segment details13:45–13:47 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_318
  320. sometimes I think instead of just holding

    Segment details13:48–13:50 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_319
  321. on to a loss for years and years and

    Segment details13:50–13:51 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_320
  322. years, hoping it goes back up just so you

    Segment details13:52–13:53 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_321
  323. can break even, I think it's better to

    Segment details13:53–13:55 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_322
  324. just cut your losses and then put it into

    Segment details13:55–13:56 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_323
  325. something that will be a better trade. So

    Segment details13:57–14:00 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_324
  326. it seems as though my problem is I kept

    Segment details14:00–14:02 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_325
  327. buying things when they were going up

    Segment details14:03–14:04 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_326
  328. really, really high and not buying things

    Segment details14:05–14:07 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_327
  329. when they were crashing down. I was buying

    Segment details14:07–14:09 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_328
  330. high and selling low, doing the exact

    Segment details14:09–14:11 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_329
  331. thing you're not supposed to do. And this

    Segment details14:12–14:14 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_330
  332. is what I'm doing now. So I've gotten rid

    Segment details14:14–14:16 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_331
  333. of all the BNGO and all the Bitcoin stuff.

    Segment details14:17–14:19 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_332
  334. I have a tiny, tiny bit of the Bitcoin

    Segment details14:19–14:21 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_333
  335. mining stuff still left, but it's very,

    Segment details14:21–14:23 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_334
  336. very small. So I sold basically everything

    Segment details14:23–14:25 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_335
  337. and I put it into a couple of stocks. One

    Segment details14:26–14:29 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_336
  338. of them is Corsair Gaming. So this is the

    Segment details14:29–14:32 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_337
  339. stock chart for Corsair Gaming.

    Segment details14:32–14:34 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_338
  340. And I'm using a combination of technical

    Segment details14:36–14:39 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_339
  341. analysis. You see, I've put up these lines

    Segment details14:40–14:41 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_340
  342. and fundamentals to decide when to buy a

    Segment details14:42–14:44 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_341
  343. stock. So I bought Corsair Gaming around

    Segment details14:45–14:48 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_342
  344. here. Which is, yeah, it's doing quite

    Segment details14:48–14:50 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_343
  345. well. It's nearly up 10% already. And I

    Segment details14:51–14:54 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_344
  346. put about £4,000 into Corsair Gaming.

    Segment details14:54–14:57 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_345
  347. And you see these yellow lines, they're

    Segment details14:58–14:59 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_346
  348. the Fibonacci retracement lines. I don't

    Segment details14:59–15:02 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_347
  349. really want to get into it now because it

    Segment details15:02–15:03 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_348
  350. will take ages to explain what Fibonacci

    Segment details15:03–15:05 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_349
  351. is. Basically, it just shows you levels

    Segment details15:05–15:09 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_350
  352. where people are buying and selling. And I

    Segment details15:10–15:12 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_351
  353. thought, wait, this is a very strong 78.6%

    Segment details15:12–15:15 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_352
  354. Fibonacci line. Very good chance that

    Segment details15:15–15:18 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_353
  355. Corsair Gaming bottoms out here and

    Segment details15:18–15:21 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_354
  356. bounces back up. I also have these trend

    Segment details15:21–15:23 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_355
  357. lines and moving average lines, and yeah,

    Segment details15:23–15:25 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_356
  358. it's doing up, it's doing well, 10% up

    Segment details15:25–15:27 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_357
  359. already on my Corsair trade. This is what

    Segment details15:27–15:29 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_358
  360. I should have been doing in the beginning,

    Segment details15:30–15:31 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_359
  361. back in January, February, in the

    Segment details15:32–15:35 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_360
  362. beginning of this year. I would have

    Segment details15:35–15:36 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_361
  363. bought Corsair Gaming like here because I

    Segment details15:37–15:39 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_362
  364. would be thinking, oh my God, look,

    Segment details15:40–15:41 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_363
  365. Corsair Gaming is going up, it's just

    Segment details15:41–15:42 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_364
  366. going to keep going up and up and up.

    Segment details15:43–15:44 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_365
  367. That's not how stocks work. They don't

    Segment details15:44–15:46 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_366
  368. just keep going up and up and up. They'll

    Segment details15:46–15:48 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_367
  369. go up, then they'll come down, and then

    Segment details15:48–15:50 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_368
  370. they might go sideways for a bit, and then

    Segment details15:50–15:52 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_369
  371. they'll go down, they'll go up, and

    Segment details15:53–15:54 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_370
  372. they'll go down. Nothing just goes

    Segment details15:55–15:56 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_371
  373. straight up like that apart from maybe a

    Segment details15:56–15:59 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_372
  374. few things. Maybe an index fund would do

    Segment details15:59–16:01 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_373
  375. that as well. And this is another stock

    Segment details16:01–16:03 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_374
  376. chart of my second biggest holding, and it

    Segment details16:04–16:07 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_375
  377. is Ford, the car company. And as you can

    Segment details16:07–16:10 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_376
  378. see, I've put up my— put

    Segment details16:10–16:14 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_377
  379. up my technical analysis lines. And guess

    Segment details16:15–16:16 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_378
  380. where I bought Ford at? Yeah, I bought it

    Segment details16:16–16:19 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_379
  381. around here, around $13, because as you

    Segment details16:19–16:23 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_380
  382. can see, it's at a Fibonacci level,

    Segment details16:23–16:26 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_381
  383. 61.8% Fibonacci level, very strong level.

    Segment details16:26–16:29 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_382
  384. And it's also bouncing off of this orange

    Segment details16:29–16:31 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_383
  385. trend line, which is an ascending trend

    Segment details16:32–16:34 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_384
  386. line. As you can see, it's bounced 1, 2,

    Segment details16:35–16:37 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_385
  387. 3, 4 times. So it's a pretty, pretty

    Segment details16:38–16:42 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_386
  388. reliable trendline, I think. So I've got 2

    Segment details16:42–16:44 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_387
  389. confluences. I've got Fibonacci and

    Segment details16:44–16:46 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_388
  390. trendline. And I think Ford is a pretty

    Segment details16:46–16:49 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_389
  391. good company. It's not really overvalued

    Segment details16:49–16:51 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_390
  392. and they're making electric vehicles as

    Segment details16:51–16:53 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_391
  393. well now. And yeah, so I bought

    Segment details16:53–16:57 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_392
  394. Ford around $13. I think it's at $12.80.

    Segment details16:57–16:59 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_393
  395. So it's actually down a few percent for

    Segment details17:00–17:04 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_394
  396. think if I invested in this in the

    Segment details17:04–17:05 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_395
  397. beginning of the year, I would have gotten

    Segment details17:06–17:07 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_396
  398. all excited looking at this going straight

    Segment details17:07–17:09 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_397
  399. up and go, and then I'd buy here and then

    Segment details17:09–17:12 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_398
  400. I would have had like another 50%. It was

    Segment details17:12–17:16 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_399
  401. at $16 at its highest and now it's at $13.

    Segment details17:16–17:19 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_400
  402. So I would have had another 40% loss if I

    Segment details17:19–17:22 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_401
  403. bought back in. I think that was earlier

    Segment details17:22–17:25 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_402
  404. this year. So really the The whole

    Segment details17:25–17:29 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_403
  405. point is you don't want to buy after

    Segment details17:29–17:31 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_404
  406. things have shot up by loads. You want to

    Segment details17:31–17:33 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_405
  407. buy after it's gone down loads and it's

    Segment details17:33–17:35 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_406
  408. bouncing off of certain key level lines of

    Segment details17:36–17:38 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_407
  409. support. And I've got about £4,000 in

    Segment details17:39–17:41 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_408
  410. Ford, so it's quite a lot of Ford shares,

    Segment details17:42–17:44 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_409
  411. but I think Ford is— yeah, I think it's a

    Segment details17:45–17:47 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_410
  412. good company and I bought in at quite a

    Segment details17:47–17:49 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_411
  413. good price. Okay, next we have my 3rd

    Segment details17:49–17:51 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_412
  414. biggest holding, which is Amazon. So I've

    Segment details17:51–17:53 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_413
  415. got a couple thousand in Amazon. And guess

    Segment details17:53–17:56 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_414
  416. where I bought Amazon at? So I bought

    Segment details17:57–18:00 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_415
  417. Amazon here. I think it was around $3,300

    Segment details18:01–18:06 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_416
  418. at the time. And I bought here because

    Segment details18:06–18:07 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_417
  419. it's bouncing off this yellow trend line.

    Segment details18:08–18:09 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_418
  420. Look at it bouncing off it. How many times

    Segment details18:10–18:12 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_419
  421. has it bounced off this yellow trend line?

    Segment details18:13–18:15 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_420
  422. Very reliable. Plus, it's also at a

    Segment details18:15–18:17 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_421
  423. Fibonacci level, the 23% Fibonacci.

    Segment details18:17–18:20 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_422
  424. And yeah, Amazon is up about 5% for me.

    Segment details18:23–18:26 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_423
  425. So the Amazon trade is going pretty well.

    Segment details18:26–18:28 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_424
  426. I guess in the beginning of this year, I

    Segment details18:30–18:32 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_425
  427. might have bought Amazon right at the top

    Segment details18:32–18:33 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_426
  428. thinking, oh, it's just going to go up and

    Segment details18:34–18:35 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_427
  429. up more and more. But a lot of these

    Segment details18:35–18:36 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_428
  430. stocks, what they do is they trade in the

    Segment details18:37–18:38 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_429
  431. corridor and they kind of just bounce in

    Segment details18:38–18:41 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_430
  432. between the corridor up and down like a

    Segment details18:41–18:43 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_431
  433. ping pong ball. I think they call this an

    Segment details18:44–18:45 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_432
  434. iron corridor or something like that.

    Segment details18:45–18:47 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_433
  435. What you want to do is buy support lines.

    Segment details18:48–18:49 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_434
  436. And not buy when it's near a resistance

    Segment details18:50–18:53 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_435
  437. line because that's very risky. And yeah,

    Segment details18:53–18:56 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_436
  438. basically the reason why I lost so much

    Segment details18:56–18:58 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_437
  439. money is because I kept buying at the

    Segment details18:58–19:00 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_438
  440. resistance lines instead of buying at the

    Segment details19:00–19:02 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_439
  441. support lines. I was buying at the

    Segment details19:02–19:04 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_440
  442. resistance lines and then selling at the

    Segment details19:04–19:06 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_441
  443. support lines. It's so stupid. Why did I

    Segment details19:06–19:08 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_442
  444. keep doing that? So it's going to take a

    Segment details19:08–19:10 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_443
  445. long time to, to get my money back because

    Segment details19:10–19:13 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_444
  446. basically, yeah, I started investing I

    Segment details19:13–19:17 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_445
  447. started investing when stocks were here,

    Segment details19:18–19:19 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_446
  448. and then the stocks I picked all came

    Segment details19:20–19:22 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_447
  449. down, and now they're like down there.

    Segment details19:22–19:24 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_448
  450. And now I've switched into different

    Segment details19:25–19:26 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_449
  451. stocks. Now I need to try and get back up

    Segment details19:27–19:29 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_450
  452. to here so I'm breaking even again. I

    Segment details19:30–19:31 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_451
  453. don't know how long that's going to take.

    Segment details19:31–19:32 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_452
  454. It could take a year because the mistakes

    Segment details19:32–19:35 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_453
  455. I've made were very costly, and it's going

    Segment details19:36–19:38 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_454
  456. to cost a lot of time. It's going to take

    Segment details19:38–19:40 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_455
  457. a lot of time if even I can never get back

    Segment details19:40–19:44 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_456
  458. to breaking even again. Who knows, maybe

    Segment details19:44–19:47 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_457
  459. the stocks I've picked now are going to

    Segment details19:47–19:48 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_458
  460. crash more as well. And finally, here is

    Segment details19:48–19:51 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_459
  461. the page comparing my main portfolio to

    Segment details19:51–19:54 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_460
  462. the All-World ETF. As you can see,

    Segment details19:55–19:58 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_461
  463. I am down 48% as of today. Started off

    Segment details19:59–20:03 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_462
  464. really well, had, um, I think that was

    Segment details20:03–20:05 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_463
  465. like a 40% gain in the beginning. And then

    Segment details20:05–20:08 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_464
  466. it just went completely down the toilet.

    Segment details20:08–20:11 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_465
  467. And here we are today, nearly down by 50%.

    Segment details20:11–20:15 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_466
  468. So yeah, that's how I lost nearly half of

    Segment details20:15–20:18 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_467
  469. my dad's inheritance money. Mistakes were

    Segment details20:18–20:22 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_468
  470. made, lessons were learned. Hopefully I

    Segment details20:22–20:24 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_469
  471. can recover with my new stocks. We'll see

    Segment details20:24–20:27 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_470
  472. how it goes.

    Segment details20:28–20:28 · rev_cf6ca742b8dc337e4d0a2e2efb731c78_471