Why I HATE the stock market - stock market crash 2021

Hello and welcome back to a sad investing

video because it's a sad week. The 3rd

week of sadness. The stock market has been

crashing or correcting, whichever word you

like to use. And it's really sad and I'm

sad and I don't like investing anymore

because all my gains that I've been

boasting about for the last few months

have almost all been wiped out. So I had

about £13,000 in gains. Now I only have

about £2,000. And I'm just waiting,

waiting for the day the stock markets and

stocks start going up again. So if you're

also investing in stocks, then you may

know already that the stock market has not

been looking very pretty recently.

Currently it's in some kind of correction

phase which has been triggered by Treasury

bond yields. I don't really want to go

into it because I can't be bothered. The

stock market just really messes with your

mind. It just really emotionally Plays and

torments you. So when the stocks are going

up, you feel amazing. You feel like you're

some kind of genius investor and you're

going to become rich. You're going to

become a millionaire. But the problem is

when your stocks are going up, you feel

like oh oh I picked some really good

stocks. Better not sell them because

they're really good. That's why they're

going up. And they're going up and up and

up. And you decide not to sell them

because you think they're good. And then

they just suddenly drop down. And then you

start thinking oh I I wish I sold them

when it was going up. Now it's going down.

Then you sell for a loss. I've missed out

on so much money. On so much profits just

because I watched my stocks going up and

then instead of selling them and taking

the profits, I just held on to them

because I thought they were going to go up

some more because I thought I picked good

ones and then they just crashed and I lost

all my profits. And that's what's happened

now to pretty much all of my portfolios.

Actually, 2 of them have gone minus and

I'm actually down. I haven't gained

anything when I could have made a lot of

money a few weeks ago or last month if I

just took profits, but I didn't want to

because I thought they were going to go up

some more. So right now the whole market

is kind of going down. It's trying to

recover, but it recovers a little bit and

then it goes down even more. And you're

supposed to buy the dip, and that's what

I've been doing the last few weeks. I've

been buying the dip, but then the dip dips

more, and then I thought I was buying at

the bottom, and then it dips even more,

and then the dips that I bought have gone

even more negative, so I've lost even more

money. And now it's gotten to a point

where I don't even want to buy anymore

because as soon as I buy, it just goes

down even more. And nothing's doing well.

The whole market is going down. Even

really good companies are going down, and

it just makes you think, Uh, the companies

that are really small and have just

started, they're going down because

they're just really small and haven't

really made any money yet and there's too

much risk. And then the big companies like

Apple, Amazon, or Tesla, or, or the other

big ones like Google, they are really good

companies making loads of money, but

they're too richly valued. Take Amazon for

example. They're making loads of money.

It's a really successful company. But is

one share of Amazon really, really worth

over $3,000? Maybe that's too overvalued.

Maybe that's not a fair price for one

Amazon stock, so that's going to come

down, get corrected. So it's not a good

idea to buy that. And it just makes me

wonder, maybe it's not a good idea to buy

anything right now. Look how much the

market has gone down. Look at this stock,

for example, Apple. Oh,

the share value of Apple has gone all the

way back down to the exact same price it

was 9 months ago, all the way back in

August last year. So if you've— if you

bought Apple in August last year and you

held it until now, you would have made

zero money. You wouldn't have made

anything. It's just gone sideways. It went

up as high as nearly $140, and now because

of this market correction, it's dropped

back down to $126, which is what it was 9

months ago. So 9 months, you could have

had $10,000, $20,000, you could have had

your entire life savings in Apple since

last year August, and how much money would

you have made? None. Here's another

example: Facebook. Another great company

that makes loads and loads of money.

You'd think, oh, that's a safe stock to

choose. There's no way Facebook could

fail. But look at this. It hasn't gone up

at all since last year August. Same as

Apple. It's just gone sideways. You could

have had all your money in Facebook for

nine months, and you would have made

nothing. You would have made like two

dollars. It's just completely complete

waste of time. When I first started

investing, I listened to a lot of Warren

Buffett, and you know what he says? He

says time in the market is better than

timing the market, which basically means

you're supposed to just buy stocks and

then just hold on to them without selling

them because they eventually go up. Well,

in this case, they don't go up at all.

They just go sideways. And then you've

watched it go up and you watched it go

down, you watched it go back up, but you

didn't do anything because you thought,

oh, I'm supposed to hold on to it and not

sell. But But if you just sold when it was

up and you had profits, then you would

have made some money at least. So now I'm

just kind of irritated because I've held

on to my stocks for this time and I've

watched them go up by loads, and I could

have made loads of money if I sold them at

the time. But because of stupid Warren

Buffett, and I was listening to what he

was saying, I thought maybe I should just

hold on to it because it'll go up even

more. Yeah, maybe it will go up some more

in 5 years' time, in 10 years' time, but I

don't want to wait 5 years. I don't want

to wait 10 years. I want it Now. So now I

just feel like I've wasted all this time,

all these months holding onto my stocks

when I could have sold them when they were

at their peaks. And now they've all just

crashed back down to last year December

levels, last year August levels. And yeah,

it just feels like it's a complete waste

of time. I haven't gained anything or

haven't achieved anything and I've just

lost all my gains now. And yeah, I'm sure

they'll come back eventually. I do believe

eventually the stocks I've picked are

going to go back up. But how long is it

going to take? Is it going to take weeks?

Is it going to take months? Is it going to

take years? I think I heard some people

saying that this correction could last

until the end of March. It's now the

beginning of March. Are you saying I have

to wait an entire month of nothing

happening? The last few months when— since

I started getting into the stock market

have been really fun because it didn't

matter what you bought. You could have

bought any stock and eventually it would

go up by like 20%, 40%, 50%. It was

like everything was just going up and up

and up and you couldn't make a mistake.

And now it just feels like everything's

just going down. And no matter what you

buy now, it's just gonna go down. Doesn't

matter how good the company is. And all

the stuff I picked in the past are just

going down or they're going sideways, or

maybe they'll go up 5% and then they'll go

back down 6% and then go back up 4%. It's

just like nothing's happening for the last

few weeks. And I'm really, really bored.

I've got nothing else to do. YouTube isn't

fun for me anymore because of the

you-know-what and the lockdowns. I can't

go and meet anyone. I can't go to Japan.

I can't do anything. I can't even go

outside to some place. And film it because

it's actually illegal to break lockdown

and go outside unless you're going

shopping or going for exercise. So I'm not

going to film myself going outside

breaking the law. That wouldn't be a very

good idea. So there's nothing exciting

happening. The only thing that was

exciting was making money on the stock

market and watching stocks go to the moon.

And it's now the 3rd week where there's

been no mooning, there's been no rockets,

everything's just crashing, everything's

boring. And my stocks just keep going down

and down and down, and I'm trying to buy

the dips, but I'm running out of money to

buy the dips. And if you're telling me I

have to wait another 4 weeks of all this

redness and sideways action, that's just

really sad. And I don't know what to do

anymore. It just feels like there's

nothing fun to do anymore. So I don't

really know what to do. I guess I'm not

extremely worried about losing all my

money because I still think The stocks

I've picked are pretty good stocks, and

they've got they've got the potential to

succeed in the future. They're all very

highly speculative stocks. I don't really

have any well-established big brand

names, but I think they'll be fine after a

while. They were doing so well before all

of this correction stuff happened. It's

just I don't know what else to do now. I

keep staring at the stock market, waiting

for things to get better, but it's not

getting better. It's now the third week.

And I'm just running out of patience. I

guess if you want to get into stocks and

investing, now's a good time. If you

missed out on the last few months, well,

basically time has gone backwards all the

way back to last year, August, October,

December levels. And if you felt like you

missed out on some stocks, for example,

Tesla, Tesla, I sold Tesla about around

$650 and I kind of regretted it because it

shot up to over $800. Now it's back down

to the $600 levels. And I guess I could

get back into Tesla if I really wanted to.

Now it just feels like everything's

overvalued, isn't it? That's what

everyone's saying. They're saying, oh,

everything's overpriced, everything's

overvalued. Apple shouldn't be at $126,

it should only be at $100. Tesla should

only be about $400. All of the future

expectations have already been priced in.

All of the amazing stuff that people

expect these companies to do has already

been priced into the value of the share,

and if these companies fail to deliver on

the expectations, well, it's just going to

go down. So it makes you think, what is

the point of buying the shares now then if

everything's already priced in for the

next 10 years? I don't want to buy a stock

like Tesla, Facebook, or Apple right now

and then in a year's time haven't made any

money because it's just gone sideways,

hasn't gone up at all, or it goes up quite

a bit like 10% and then just gets

corrected back to back down to the level,

the same level as when I bought it, it

just feels like it's a massive waste of

time. What's the point? I just wasted a

whole year. I put my money into a stock

and it's done nothing for me. So yeah,

this whole correction thing has had quite

a massive mental impact on me. Before

this, I felt invincible. I felt like I

could put my money onto any stock and it

would go up. And I just ignored

all of the warnings from people saying

stuff like, oh, what happens if it's a

bear market? What happens if it goes down

and then just bleeds and doesn't go back

up until weeks and weeks. And I just

thought, as if that would happen. And it's

happening right now, and it really sucks.

And it's kind of made me think— it's made

me rethink my entire strategy to

investing. And I'm starting to wonder what

kind of stocks would be better to put

money into. Maybe dividend stocks. You

know, I could put $10,000 into, into some

oil company, and it wouldn't even matter

if the stock goes up or down because I

still get the dividends, hopefully. It's

just kind of annoying having to rely on

the capital gains going up, the stock

going up, because yeah, it could go up,

then it could go down, it could go up,

and you don't know when to sell or when

you should buy more. It's just really

stressful. At least with dividends, you

kind of know what to expect and when to

expect it. And even if it goes down in

price, the dividends should remain the

same unless they get slashed. Oh, the

whole investing thing is just Bloody pain

in the bollocks.