Skip to corpus content
HIMR Public Corpustimestamped source index

Recording

Revealing my $37,170 Investment Portfolio

2021-07-10 · 15 min

internet_archive
Machine transcript · wording, timing and speaker attribution may be wrong

Wording, speaker labels, and timestamps can still be wrong. A transcript does not establish that statements in the recording are factual. Use the source links and surrounding context.

Read summary

Expand to load the summary.

Open summary page ↗
Source information & transcript revisions

Transcript revisions

  1. rev_7f31b0673310fb71929ca0dd390f8aa1Machine-generated and unreviewed; may be wrong; not a verified quotation.
    enraw_asractive287 segments

Transcript

en
  1. Hello and welcome to my investment

    Segment details0:01–0:03 · rev_7f31b0673310fb71929ca0dd390f8aa1_0
  2. portfolio video where I'll be showing you

    Segment details0:03–0:06 · rev_7f31b0673310fb71929ca0dd390f8aa1_1
  3. my 2 main portfolios, how much money I

    Segment details0:06–0:10 · rev_7f31b0673310fb71929ca0dd390f8aa1_2
  4. lost, and what I'm currently investing in.

    Segment details0:10–0:12 · rev_7f31b0673310fb71929ca0dd390f8aa1_3
  5. So I've invested a total of £26,700,

    Segment details0:13–0:16 · rev_7f31b0673310fb71929ca0dd390f8aa1_4
  6. which is about $37,000,

    Segment details0:19–0:21 · rev_7f31b0673310fb71929ca0dd390f8aa1_5
  7. into 2 different investment portfolios.

    Segment details0:22–0:25 · rev_7f31b0673310fb71929ca0dd390f8aa1_6
  8. So this is the first portfolio. It has

    Segment details0:27–0:29 · rev_7f31b0673310fb71929ca0dd390f8aa1_7
  9. about £6,788. It's currently

    Segment details0:30–0:34 · rev_7f31b0673310fb71929ca0dd390f8aa1_8
  10. down £71. And this is the timeline

    Segment details0:34–0:38 · rev_7f31b0673310fb71929ca0dd390f8aa1_9
  11. of my— this

    Segment details0:38–0:41 · rev_7f31b0673310fb71929ca0dd390f8aa1_10
  12. is the timeline of my investment history.

    Segment details0:42–0:44 · rev_7f31b0673310fb71929ca0dd390f8aa1_11
  13. So you can see I started in October 2020,

    Segment details0:44–0:48 · rev_7f31b0673310fb71929ca0dd390f8aa1_12
  14. and initially I just put £2,000 in, and

    Segment details0:48–0:51 · rev_7f31b0673310fb71929ca0dd390f8aa1_13
  15. then I started to gain confidence And I

    Segment details0:51–0:53 · rev_7f31b0673310fb71929ca0dd390f8aa1_14
  16. put another £2,000 and then another

    Segment details0:53–0:55 · rev_7f31b0673310fb71929ca0dd390f8aa1_15
  17. £2,000. And I mainly

    Segment details0:56–0:59 · rev_7f31b0673310fb71929ca0dd390f8aa1_16
  18. invested in NIO, which is a Chinese

    Segment details0:59–1:01 · rev_7f31b0673310fb71929ca0dd390f8aa1_17
  19. electric car company. And as you can see,

    Segment details1:01–1:04 · rev_7f31b0673310fb71929ca0dd390f8aa1_18
  20. it did pretty well. Watch it go up.

    Segment details1:04–1:06 · rev_7f31b0673310fb71929ca0dd390f8aa1_19
  21. It went up to a peak of about £10,000,

    Segment details1:08–1:12 · rev_7f31b0673310fb71929ca0dd390f8aa1_20
  22. nearly £11,000. That was a pretty nice

    Segment details1:12–1:15 · rev_7f31b0673310fb71929ca0dd390f8aa1_21
  23. gain. I had nearly 40% gain on my total

    Segment details1:15–1:19 · rev_7f31b0673310fb71929ca0dd390f8aa1_22
  24. investment. And then February came And

    Segment details1:20–1:24 · rev_7f31b0673310fb71929ca0dd390f8aa1_23
  25. yeah, I lost all of it. And then after

    Segment details1:25–1:27 · rev_7f31b0673310fb71929ca0dd390f8aa1_24
  26. that, I sold NIO at probably not

    Segment details1:28–1:31 · rev_7f31b0673310fb71929ca0dd390f8aa1_25
  27. a loss but not a profit. So I didn't even

    Segment details1:32–1:34 · rev_7f31b0673310fb71929ca0dd390f8aa1_26
  28. make anything from my NIO trade because I

    Segment details1:34–1:36 · rev_7f31b0673310fb71929ca0dd390f8aa1_27
  29. held it. I bought it here, held it as it

    Segment details1:36–1:40 · rev_7f31b0673310fb71929ca0dd390f8aa1_28
  30. went up, and then I watched it go back

    Segment details1:40–1:43 · rev_7f31b0673310fb71929ca0dd390f8aa1_29
  31. down. And then I got fed up watching it go

    Segment details1:43–1:45 · rev_7f31b0673310fb71929ca0dd390f8aa1_30
  32. down and I sold it. And then I put the

    Segment details1:45–1:48 · rev_7f31b0673310fb71929ca0dd390f8aa1_31
  33. remaining money, the $6K, into dividend

    Segment details1:48–1:52 · rev_7f31b0673310fb71929ca0dd390f8aa1_32
  34. stocks. And as you can see,

    Segment details1:52–1:54 · rev_7f31b0673310fb71929ca0dd390f8aa1_33
  35. the dividend stocks have done absolutely

    Segment details1:55–1:57 · rev_7f31b0673310fb71929ca0dd390f8aa1_34
  36. nothing. Look at this line, it's pretty

    Segment details1:57–2:00 · rev_7f31b0673310fb71929ca0dd390f8aa1_35
  37. much a completely flat straight line. It

    Segment details2:01–2:03 · rev_7f31b0673310fb71929ca0dd390f8aa1_36
  38. hasn't moved at all. Look, went from

    Segment details2:05–2:08 · rev_7f31b0673310fb71929ca0dd390f8aa1_37
  39. £6,300 to £6,700.

    Segment details2:08–2:11 · rev_7f31b0673310fb71929ca0dd390f8aa1_38
  40. Oh wow, I made a couple hundred. And I

    Segment details2:12–2:14 · rev_7f31b0673310fb71929ca0dd390f8aa1_39
  41. still have some of my dividend stocks and

    Segment details2:15–2:17 · rev_7f31b0673310fb71929ca0dd390f8aa1_40
  42. my safe stocks I also had oil stocks which

    Segment details2:17–2:20 · rev_7f31b0673310fb71929ca0dd390f8aa1_41
  43. I sold now, but this is what I have for my

    Segment details2:21–2:22 · rev_7f31b0673310fb71929ca0dd390f8aa1_42
  44. dividends. I got Altria, which is now down

    Segment details2:23–2:27 · rev_7f31b0673310fb71929ca0dd390f8aa1_43
  45. 6%. They are a tobacco

    Segment details2:27–2:30 · rev_7f31b0673310fb71929ca0dd390f8aa1_44
  46. company. And I've got Walgreens Boots,

    Segment details2:31–2:33 · rev_7f31b0673310fb71929ca0dd390f8aa1_45
  47. which are down 9%. And I got JP Morgan,

    Segment details2:33–2:37 · rev_7f31b0673310fb71929ca0dd390f8aa1_46
  48. which is down 1%. And I put a tiny bit

    Segment details2:37–2:41 · rev_7f31b0673310fb71929ca0dd390f8aa1_47
  49. into Etsy and a tiny bit into US Growth

    Segment details2:41–2:44 · rev_7f31b0673310fb71929ca0dd390f8aa1_48
  50. Index. I only put $200, but that's up

    Segment details2:44–2:47 · rev_7f31b0673310fb71929ca0dd390f8aa1_49
  51. really nicely, 25%. I should have put more

    Segment details2:47–2:49 · rev_7f31b0673310fb71929ca0dd390f8aa1_50
  52. in. I should have put more into that. The

    Segment details2:50–2:52 · rev_7f31b0673310fb71929ca0dd390f8aa1_51
  53. problem with my dividend stocks, the

    Segment details2:52–2:54 · rev_7f31b0673310fb71929ca0dd390f8aa1_52
  54. reasons why it's just a flat line,

    Segment details2:54–2:55 · rev_7f31b0673310fb71929ca0dd390f8aa1_53
  55. because I sold my NIO and I bought into

    Segment details2:56–3:00 · rev_7f31b0673310fb71929ca0dd390f8aa1_54
  56. value stocks and dividend stocks when they

    Segment details3:01–3:05 · rev_7f31b0673310fb71929ca0dd390f8aa1_55
  57. were at their all-time highs. So I didn't

    Segment details3:05–3:07 · rev_7f31b0673310fb71929ca0dd390f8aa1_56
  58. make any money because again, I bought

    Segment details3:07–3:09 · rev_7f31b0673310fb71929ca0dd390f8aa1_57
  59. high and I sold low, and then I bought

    Segment details3:10–3:11 · rev_7f31b0673310fb71929ca0dd390f8aa1_58
  60. high again. So that's just been a complete

    Segment details3:12–3:14 · rev_7f31b0673310fb71929ca0dd390f8aa1_59
  61. failure. Look at this, it's just, just a

    Segment details3:14–3:18 · rev_7f31b0673310fb71929ca0dd390f8aa1_60
  62. straight line. Didn't make anything. So in

    Segment details3:18–3:21 · rev_7f31b0673310fb71929ca0dd390f8aa1_61
  63. portfolio 1, I made a total of minus

    Segment details3:22–3:26 · rev_7f31b0673310fb71929ca0dd390f8aa1_62
  64. £71 so far. Not great.

    Segment details3:27–3:31 · rev_7f31b0673310fb71929ca0dd390f8aa1_63
  65. And yeah, I do get dividends, but it's

    Segment details3:32–3:34 · rev_7f31b0673310fb71929ca0dd390f8aa1_64
  66. only about— it's probably about $60 to

    Segment details3:34–3:37 · rev_7f31b0673310fb71929ca0dd390f8aa1_65
  67. $100 every few months, so it really

    Segment details3:37–3:40 · rev_7f31b0673310fb71929ca0dd390f8aa1_66
  68. doesn't make any difference. Yeah, I made

    Segment details3:40–3:43 · rev_7f31b0673310fb71929ca0dd390f8aa1_67
  69. a big mistake selling NIO and pivoting

    Segment details3:43–3:46 · rev_7f31b0673310fb71929ca0dd390f8aa1_68
  70. into dividend stocks. It just didn't

    Segment details3:46–3:48 · rev_7f31b0673310fb71929ca0dd390f8aa1_69
  71. really do anything for me. But I guess on

    Segment details3:48–3:50 · rev_7f31b0673310fb71929ca0dd390f8aa1_70
  72. the bright side, it stopped going down

    Segment details3:50–3:52 · rev_7f31b0673310fb71929ca0dd390f8aa1_71
  73. loads. If I carried on holding on to NIO,

    Segment details3:53–3:55 · rev_7f31b0673310fb71929ca0dd390f8aa1_72
  74. it would have went down, probably down to

    Segment details3:55–3:56 · rev_7f31b0673310fb71929ca0dd390f8aa1_73
  75. here. But then NIO is back up to about

    Segment details3:57–3:59 · rev_7f31b0673310fb71929ca0dd390f8aa1_74
  76. $50. So if I carried on holding it, I

    Segment details3:59–4:01 · rev_7f31b0673310fb71929ca0dd390f8aa1_75
  77. would have probably been back up around

    Segment details4:01–4:04 · rev_7f31b0673310fb71929ca0dd390f8aa1_76
  78. $8K or maybe even $9K. Yeah, that's the

    Segment details4:04–4:08 · rev_7f31b0673310fb71929ca0dd390f8aa1_77
  79. problem. I bought NIO when it was near the

    Segment details4:08–4:11 · rev_7f31b0673310fb71929ca0dd390f8aa1_78
  80. high, and then I panic sold it, didn't

    Segment details4:11–4:13 · rev_7f31b0673310fb71929ca0dd390f8aa1_79
  81. hold it, didn't buy more of the dip, and I

    Segment details4:13–4:16 · rev_7f31b0673310fb71929ca0dd390f8aa1_80
  82. didn't carry on holding it when it went

    Segment details4:17–4:18 · rev_7f31b0673310fb71929ca0dd390f8aa1_81
  83. back up. And then I pivoted into stocks

    Segment details4:19–4:21 · rev_7f31b0673310fb71929ca0dd390f8aa1_82
  84. that don't really move much. And this

    Segment details4:21–4:24 · rev_7f31b0673310fb71929ca0dd390f8aa1_83
  85. chart is quite interesting. It compares my

    Segment details4:24–4:26 · rev_7f31b0673310fb71929ca0dd390f8aa1_84
  86. portfolio performance to the, um, the

    Segment details4:26–4:30 · rev_7f31b0673310fb71929ca0dd390f8aa1_85
  87. All-World Index Fund, which is like an

    Segment details4:30–4:34 · rev_7f31b0673310fb71929ca0dd390f8aa1_86
  88. ETF of the entire world markets. And as

    Segment details4:34–4:37 · rev_7f31b0673310fb71929ca0dd390f8aa1_87
  89. you can see, I kind of underperformed the

    Segment details4:37–4:40 · rev_7f31b0673310fb71929ca0dd390f8aa1_88
  90. market. In the beginning, I was just

    Segment details4:40–4:42 · rev_7f31b0673310fb71929ca0dd390f8aa1_89
  91. destroying it. Look at this, this gray

    Segment details4:42–4:44 · rev_7f31b0673310fb71929ca0dd390f8aa1_90
  92. line, and then look at my portfolio

    Segment details4:44–4:46 · rev_7f31b0673310fb71929ca0dd390f8aa1_91
  93. performance. I was just destroying the

    Segment details4:46–4:49 · rev_7f31b0673310fb71929ca0dd390f8aa1_92
  94. market, and then this happened, and now

    Segment details4:49–4:52 · rev_7f31b0673310fb71929ca0dd390f8aa1_93
  95. I'm actually— uh,

    Segment details4:52–4:55 · rev_7f31b0673310fb71929ca0dd390f8aa1_94
  96. well, the All-World ETF is up 17%,

    Segment details4:55–4:58 · rev_7f31b0673310fb71929ca0dd390f8aa1_95
  97. whereas mine is up 9%. I don't know why it

    Segment details4:59–5:02 · rev_7f31b0673310fb71929ca0dd390f8aa1_96
  98. says up 9%, but then it says I'm down £71.

    Segment details5:02–5:06 · rev_7f31b0673310fb71929ca0dd390f8aa1_97
  99. So I would have just made more money if I

    Segment details5:07–5:09 · rev_7f31b0673310fb71929ca0dd390f8aa1_98
  100. just put all my money into the All-World

    Segment details5:09–5:11 · rev_7f31b0673310fb71929ca0dd390f8aa1_99
  101. ETF index fund and then just left it. I

    Segment details5:11–5:14 · rev_7f31b0673310fb71929ca0dd390f8aa1_100
  102. would have a 17% gain if I did that.

    Segment details5:15–5:16 · rev_7f31b0673310fb71929ca0dd390f8aa1_101
  103. Okay, so here's where the real pain

    Segment details5:17–5:20 · rev_7f31b0673310fb71929ca0dd390f8aa1_102
  104. begins. This is my main portfolio where I

    Segment details5:20–5:23 · rev_7f31b0673310fb71929ca0dd390f8aa1_103
  105. initially invested £20,000, and as you can

    Segment details5:23–5:26 · rev_7f31b0673310fb71929ca0dd390f8aa1_104
  106. see, it's currently at £11,600.

    Segment details5:26–5:30 · rev_7f31b0673310fb71929ca0dd390f8aa1_105
  107. So I've lost nearly 50%, nearly 40% of

    Segment details5:31–5:35 · rev_7f31b0673310fb71929ca0dd390f8aa1_106
  108. that initial investment. And here is

    Segment details5:35–5:38 · rev_7f31b0673310fb71929ca0dd390f8aa1_107
  109. the sad tale of my investment journey.

    Segment details5:38–5:41 · rev_7f31b0673310fb71929ca0dd390f8aa1_108
  110. Began in October, just adding $2K, added

    Segment details5:41–5:45 · rev_7f31b0673310fb71929ca0dd390f8aa1_109
  111. another $2K, started to get more

    Segment details5:45–5:46 · rev_7f31b0673310fb71929ca0dd390f8aa1_110
  112. confident, added $5K, another $4K,

    Segment details5:47–5:51 · rev_7f31b0673310fb71929ca0dd390f8aa1_111
  113. and then I got to a total of $20K

    Segment details5:51–5:53 · rev_7f31b0673310fb71929ca0dd390f8aa1_112
  114. invested. And I was mainly investing in

    Segment details5:53–5:57 · rev_7f31b0673310fb71929ca0dd390f8aa1_113
  115. stocks that YouTubers were recommending,

    Segment details5:57–5:59 · rev_7f31b0673310fb71929ca0dd390f8aa1_114
  116. and that strategy worked pretty well in

    Segment details6:00–6:02 · rev_7f31b0673310fb71929ca0dd390f8aa1_115
  117. the beginning. I was buying Tesla, I was

    Segment details6:02–6:04 · rev_7f31b0673310fb71929ca0dd390f8aa1_116
  118. buying NIO. I was buying— what else I buy?

    Segment details6:04–6:07 · rev_7f31b0673310fb71929ca0dd390f8aa1_117
  119. Microvision, BNGO, Macy's,

    Segment details6:08–6:11 · rev_7f31b0673310fb71929ca0dd390f8aa1_118
  120. just the stuff that was hyped up.

    Segment details6:11–6:14 · rev_7f31b0673310fb71929ca0dd390f8aa1_119
  121. And look, I was doing pretty well. Got

    Segment details6:15–6:17 · rev_7f31b0673310fb71929ca0dd390f8aa1_120
  122. $23K in December, $24K December.

    Segment details6:17–6:21 · rev_7f31b0673310fb71929ca0dd390f8aa1_121
  123. January was a bit rocky, went down to

    Segment details6:23–6:26 · rev_7f31b0673310fb71929ca0dd390f8aa1_122
  124. $21K. And then February— I mean, end of

    Segment details6:27–6:29 · rev_7f31b0673310fb71929ca0dd390f8aa1_123
  125. January was really good, back to $24K.

    Segment details6:29–6:32 · rev_7f31b0673310fb71929ca0dd390f8aa1_124
  126. And then you can see this spike. I got to

    Segment details6:32–6:35 · rev_7f31b0673310fb71929ca0dd390f8aa1_125
  127. a total of nearly £30K though. I actually

    Segment details6:36–6:39 · rev_7f31b0673310fb71929ca0dd390f8aa1_126
  128. did hit £30K at one point. Jesus,

    Segment details6:39–6:41 · rev_7f31b0673310fb71929ca0dd390f8aa1_127
  129. £30,000.

    Segment details6:42–6:43 · rev_7f31b0673310fb71929ca0dd390f8aa1_128
  130. I, I made £10,000 at my peak, and that was

    Segment details6:47–6:51 · rev_7f31b0673310fb71929ca0dd390f8aa1_129
  131. because of the AMC GameStop meme stock

    Segment details6:51–6:54 · rev_7f31b0673310fb71929ca0dd390f8aa1_130
  132. thing. And I got pretty lucky with the

    Segment details6:54–6:56 · rev_7f31b0673310fb71929ca0dd390f8aa1_131
  133. GameStop stock and AMC stocks, and I made

    Segment details6:57–6:59 · rev_7f31b0673310fb71929ca0dd390f8aa1_132
  134. thousands from that. Unfortunately, I lost

    Segment details7:00–7:03 · rev_7f31b0673310fb71929ca0dd390f8aa1_133
  135. most of it. As you can see, it just

    Segment details7:03–7:05 · rev_7f31b0673310fb71929ca0dd390f8aa1_134
  136. plummeted back down to $23K, and I

    Segment details7:05–7:07 · rev_7f31b0673310fb71929ca0dd390f8aa1_135
  137. thought, okay, don't worry, I'll work my

    Segment details7:07–7:09 · rev_7f31b0673310fb71929ca0dd390f8aa1_136
  138. way back up. And I did. I slowly

    Segment details7:10–7:14 · rev_7f31b0673310fb71929ca0dd390f8aa1_137
  139. swing traded my way back up to $29K

    Segment details7:14–7:17 · rev_7f31b0673310fb71929ca0dd390f8aa1_138
  140. again.

    Segment details7:17–7:18 · rev_7f31b0673310fb71929ca0dd390f8aa1_139
  141. And then February, middle of February,

    Segment details7:21–7:23 · rev_7f31b0673310fb71929ca0dd390f8aa1_140
  142. the NASDAQ correction came and it just

    Segment details7:24–7:27 · rev_7f31b0673310fb71929ca0dd390f8aa1_141
  143. plummeted. Look at this.

    Segment details7:27–7:28 · rev_7f31b0673310fb71929ca0dd390f8aa1_142
  144. Dropping, dropping, dropping, dropping.

    Segment details7:32–7:35 · rev_7f31b0673310fb71929ca0dd390f8aa1_143
  145. 15K, 14K, 12K.

    Segment details7:36–7:40 · rev_7f31b0673310fb71929ca0dd390f8aa1_144
  146. Oh no, oh no. I went to as

    Segment details7:42–7:46 · rev_7f31b0673310fb71929ca0dd390f8aa1_145
  147. low as 8K. Look at that, from 30K down

    Segment details7:46–7:50 · rev_7f31b0673310fb71929ca0dd390f8aa1_146
  148. to 8K.

    Segment details7:50–7:50 · rev_7f31b0673310fb71929ca0dd390f8aa1_147
  149. Things have been rebounding a little bit,

    Segment details7:53–7:55 · rev_7f31b0673310fb71929ca0dd390f8aa1_148
  150. see. It went up back to 12K

    Segment details7:55–7:59 · rev_7f31b0673310fb71929ca0dd390f8aa1_149
  151. in June.

    Segment details8:01–8:02 · rev_7f31b0673310fb71929ca0dd390f8aa1_150
  152. July hasn't been good. So I nearly got

    Segment details8:05–8:07 · rev_7f31b0673310fb71929ca0dd390f8aa1_151
  153. back up to 13K, but then it started

    Segment details8:08–8:10 · rev_7f31b0673310fb71929ca0dd390f8aa1_152
  154. flopping again. Now I'm back down to 11K.

    Segment details8:11–8:14 · rev_7f31b0673310fb71929ca0dd390f8aa1_153
  155. So let me explain what happened.

    Segment details8:14–8:16 · rev_7f31b0673310fb71929ca0dd390f8aa1_154
  156. Basically, I got too confident around this

    Segment details8:17–8:19 · rev_7f31b0673310fb71929ca0dd390f8aa1_155
  157. point. I was up around 10K. I had a total

    Segment details8:19–8:22 · rev_7f31b0673310fb71929ca0dd390f8aa1_156
  158. of Nearly 30k, and I was feeling great,

    Segment details8:23–8:26 · rev_7f31b0673310fb71929ca0dd390f8aa1_157
  159. and I thought, wow, I'm doing so well. I

    Segment details8:26–8:28 · rev_7f31b0673310fb71929ca0dd390f8aa1_158
  160. need to put more money to get bigger

    Segment details8:28–8:30 · rev_7f31b0673310fb71929ca0dd390f8aa1_159
  161. returns. And I did something really

    Segment details8:31–8:33 · rev_7f31b0673310fb71929ca0dd390f8aa1_160
  162. stupid, and I put about 15k into BNGO,

    Segment details8:33–8:38 · rev_7f31b0673310fb71929ca0dd390f8aa1_161
  163. and then I put about 10k into Microvision.

    Segment details8:39–8:41 · rev_7f31b0673310fb71929ca0dd390f8aa1_162
  164. And then February came, and those stocks

    Segment details8:42–8:45 · rev_7f31b0673310fb71929ca0dd390f8aa1_163
  165. and other hypergrowth stocks all crashed

    Segment details8:45–8:47 · rev_7f31b0673310fb71929ca0dd390f8aa1_164
  166. about 40. 50%. It was just insane.

    Segment details8:48–8:51 · rev_7f31b0673310fb71929ca0dd390f8aa1_165
  167. I bought BNGO when it was around $12.

    Segment details8:52–8:54 · rev_7f31b0673310fb71929ca0dd390f8aa1_166
  168. Look, here's BNGO.

    Segment details8:56–8:56 · rev_7f31b0673310fb71929ca0dd390f8aa1_167
  169. So BNGO peaked around $15,

    Segment details8:59–9:02 · rev_7f31b0673310fb71929ca0dd390f8aa1_168
  170. and I was getting really excited. I

    Segment details9:03–9:04 · rev_7f31b0673310fb71929ca0dd390f8aa1_169
  171. thought, wow, this is like going to be the

    Segment details9:05–9:06 · rev_7f31b0673310fb71929ca0dd390f8aa1_170
  172. next superstar stock. It's going to get to

    Segment details9:06–9:08 · rev_7f31b0673310fb71929ca0dd390f8aa1_171
  173. $50 or $30. I can 2x my money. So I put in

    Segment details9:08–9:12 · rev_7f31b0673310fb71929ca0dd390f8aa1_172
  174. a huge amount of money When BNGO was

    Segment details9:12–9:16 · rev_7f31b0673310fb71929ca0dd390f8aa1_173
  175. around $12, probably around here. And then

    Segment details9:16–9:19 · rev_7f31b0673310fb71929ca0dd390f8aa1_174
  176. BNGO just crashed. Look at that, it went

    Segment details9:19–9:22 · rev_7f31b0673310fb71929ca0dd390f8aa1_175
  177. all the way down back to about $4, $5.

    Segment details9:22–9:25 · rev_7f31b0673310fb71929ca0dd390f8aa1_176
  178. Yeah, here it drops back down to $4.

    Segment details9:26–9:27 · rev_7f31b0673310fb71929ca0dd390f8aa1_177
  179. So that's, that's over 50% it

    Segment details9:29–9:34 · rev_7f31b0673310fb71929ca0dd390f8aa1_178
  180. crashed, and I had over 50% of my money in

    Segment details9:34–9:37 · rev_7f31b0673310fb71929ca0dd390f8aa1_179
  181. it. And then the other stock I was heavily

    Segment details9:37–9:40 · rev_7f31b0673310fb71929ca0dd390f8aa1_180
  182. invested in was Microvision. And I did

    Segment details9:40–9:42 · rev_7f31b0673310fb71929ca0dd390f8aa1_181
  183. pretty well in the beginning. I bought— I

    Segment details9:43–9:45 · rev_7f31b0673310fb71929ca0dd390f8aa1_182
  184. think I put about $4,000 when Microvision

    Segment details9:45–9:47 · rev_7f31b0673310fb71929ca0dd390f8aa1_183
  185. was about $10.

    Segment details9:47–9:48 · rev_7f31b0673310fb71929ca0dd390f8aa1_184
  186. Yeah, it was about here, and it shot up to

    Segment details9:51–9:53 · rev_7f31b0673310fb71929ca0dd390f8aa1_185
  187. about $20, $23. I got really excited.

    Segment details9:54–9:58 · rev_7f31b0673310fb71929ca0dd390f8aa1_186
  188. I thought, wow, this stock's going to go

    Segment details9:58–9:59 · rev_7f31b0673310fb71929ca0dd390f8aa1_187
  189. to $100. I need to put more money into it.

    Segment details10:00–10:02 · rev_7f31b0673310fb71929ca0dd390f8aa1_188
  190. So I put more money into it when it was

    Segment details10:02–10:05 · rev_7f31b0673310fb71929ca0dd390f8aa1_189
  191. around probably $16.

    Segment details10:05–10:08 · rev_7f31b0673310fb71929ca0dd390f8aa1_190
  192. And then Microvision dropped all the way

    Segment details10:09–10:11 · rev_7f31b0673310fb71929ca0dd390f8aa1_191
  193. back down to about $10,

    Segment details10:12–10:15 · rev_7f31b0673310fb71929ca0dd390f8aa1_192
  194. and I lost over 50%. And then I panic sold

    Segment details10:16–10:19 · rev_7f31b0673310fb71929ca0dd390f8aa1_193
  195. when it was about $12, and then

    Segment details10:20–10:22 · rev_7f31b0673310fb71929ca0dd390f8aa1_194
  196. Microvision shot back up to $26.

    Segment details10:22–10:26 · rev_7f31b0673310fb71929ca0dd390f8aa1_195
  197. I'm so stupid. If I just held it, I

    Segment details10:27–10:28 · rev_7f31b0673310fb71929ca0dd390f8aa1_196
  198. wouldn't have lost anything, but I

    Segment details10:29–10:31 · rev_7f31b0673310fb71929ca0dd390f8aa1_197
  199. paper-handed. I bought when it was at its

    Segment details10:32–10:35 · rev_7f31b0673310fb71929ca0dd390f8aa1_198
  200. high, I sold when it dropped, and then I

    Segment details10:35–10:37 · rev_7f31b0673310fb71929ca0dd390f8aa1_199
  201. didn't manage to, to benefit from when it

    Segment details10:38–10:41 · rev_7f31b0673310fb71929ca0dd390f8aa1_200
  202. shot back up again. Microvision is just

    Segment details10:41–10:43 · rev_7f31b0673310fb71929ca0dd390f8aa1_201
  203. like all over the place. It drops down to

    Segment details10:43–10:45 · rev_7f31b0673310fb71929ca0dd390f8aa1_202
  204. as low as $10, it shoots back up to $26,

    Segment details10:45–10:47 · rev_7f31b0673310fb71929ca0dd390f8aa1_203
  205. it drops back down to $14, shoots back up

    Segment details10:47–10:49 · rev_7f31b0673310fb71929ca0dd390f8aa1_204
  206. to $22. Ah, it's just so volatile. And

    Segment details10:50–10:54 · rev_7f31b0673310fb71929ca0dd390f8aa1_205
  207. this is what I currently have. I still

    Segment details10:54–10:56 · rev_7f31b0673310fb71929ca0dd390f8aa1_206
  208. have some BNGO. Says +20% because I

    Segment details10:56–11:00 · rev_7f31b0673310fb71929ca0dd390f8aa1_207
  209. sold all of it around $7 And then I bought

    Segment details11:00–11:04 · rev_7f31b0673310fb71929ca0dd390f8aa1_208
  210. back into it when it was around $5. So

    Segment details11:04–11:07 · rev_7f31b0673310fb71929ca0dd390f8aa1_209
  211. it's back up to about— it's

    Segment details11:07–11:13 · rev_7f31b0673310fb71929ca0dd390f8aa1_210
  212. back up to nearly $7. So I made a 20%

    Segment details11:13–11:15 · rev_7f31b0673310fb71929ca0dd390f8aa1_211
  213. gain. And then I got— I put— I

    Segment details11:16–11:19 · rev_7f31b0673310fb71929ca0dd390f8aa1_212
  214. panic sold Microvision, and then I put

    Segment details11:19–11:22 · rev_7f31b0673310fb71929ca0dd390f8aa1_213
  215. that money into Riot Blockchain, which is

    Segment details11:23–11:25 · rev_7f31b0673310fb71929ca0dd390f8aa1_214
  216. like a Bitcoin mining company. And that

    Segment details11:25–11:29 · rev_7f31b0673310fb71929ca0dd390f8aa1_215
  217. was another failure because I bought that

    Segment details11:29–11:31 · rev_7f31b0673310fb71929ca0dd390f8aa1_216
  218. around here when it was about $50,

    Segment details11:32–11:35 · rev_7f31b0673310fb71929ca0dd390f8aa1_217
  219. back when Bitcoin was about $60,000.

    Segment details11:36–11:39 · rev_7f31b0673310fb71929ca0dd390f8aa1_218
  220. And as you may know, Bitcoin has dropped

    Segment details11:40–11:43 · rev_7f31b0673310fb71929ca0dd390f8aa1_219
  221. back down to $30K, and so has Riot

    Segment details11:44–11:46 · rev_7f31b0673310fb71929ca0dd390f8aa1_220
  222. Blockchain because it's, it's linked to

    Segment details11:47–11:49 · rev_7f31b0673310fb71929ca0dd390f8aa1_221
  223. Bitcoin, so it, it traces Bitcoin's

    Segment details11:49–11:51 · rev_7f31b0673310fb71929ca0dd390f8aa1_222
  224. movements. And yeah, I panic sold it

    Segment details11:52–11:55 · rev_7f31b0673310fb71929ca0dd390f8aa1_223
  225. as well, and then I bought back in when it

    Segment details11:55–11:57 · rev_7f31b0673310fb71929ca0dd390f8aa1_224
  226. was around $22, so that's why it says I've

    Segment details11:57–12:00 · rev_7f31b0673310fb71929ca0dd390f8aa1_225
  227. got a 30% gain. It's not really a gain,

    Segment details12:01–12:02 · rev_7f31b0673310fb71929ca0dd390f8aa1_226
  228. it's actually still a loss. And then

    Segment details12:03–12:06 · rev_7f31b0673310fb71929ca0dd390f8aa1_227
  229. I recently bought SoFi Technologies,

    Segment details12:06–12:09 · rev_7f31b0673310fb71929ca0dd390f8aa1_228
  230. American Airlines, and I got this Original

    Segment details12:09–12:11 · rev_7f31b0673310fb71929ca0dd390f8aa1_229
  231. Bark company, which is actually up 4%,

    Segment details12:12–12:14 · rev_7f31b0673310fb71929ca0dd390f8aa1_230
  232. which is nice. And I've got about £2,000

    Segment details12:14–12:18 · rev_7f31b0673310fb71929ca0dd390f8aa1_231
  233. in cash just waiting to buy something.

    Segment details12:18–12:21 · rev_7f31b0673310fb71929ca0dd390f8aa1_232
  234. So yeah, I haven't really done very well.

    Segment details12:21–12:23 · rev_7f31b0673310fb71929ca0dd390f8aa1_233
  235. I recovered a little bit from $8K. Jesus,

    Segment details12:25–12:27 · rev_7f31b0673310fb71929ca0dd390f8aa1_234
  236. I can't believe I dropped from

    Segment details12:27–12:28 · rev_7f31b0673310fb71929ca0dd390f8aa1_235
  237. $29,000-$30,000 all the way down to $8K.

    Segment details12:30–12:33 · rev_7f31b0673310fb71929ca0dd390f8aa1_236
  238. That's like a loss of 2/3. And then I

    Segment details12:33–12:36 · rev_7f31b0673310fb71929ca0dd390f8aa1_237
  239. rebounded a little bit back up to $12K.

    Segment details12:36–12:38 · rev_7f31b0673310fb71929ca0dd390f8aa1_238
  240. And as you can see from the all-time

    Segment details12:41–12:43 · rev_7f31b0673310fb71929ca0dd390f8aa1_239
  241. performance chart, I was destroying the

    Segment details12:43–12:46 · rev_7f31b0673310fb71929ca0dd390f8aa1_240
  242. market at this point. I was up 30%,

    Segment details12:46–12:49 · rev_7f31b0673310fb71929ca0dd390f8aa1_241
  243. 37%, and then it just tanked whilst the

    Segment details12:50–12:53 · rev_7f31b0673310fb71929ca0dd390f8aa1_242
  244. overall markets slowly and steadily rose

    Segment details12:54–12:56 · rev_7f31b0673310fb71929ca0dd390f8aa1_243
  245. 18%. So if I just put all my money into

    Segment details12:57–13:00 · rev_7f31b0673310fb71929ca0dd390f8aa1_244
  246. this, I could have had an 18% gain right

    Segment details13:01–13:02 · rev_7f31b0673310fb71929ca0dd390f8aa1_245
  247. now and I'd be up probably £5,000.

    Segment details13:03–13:06 · rev_7f31b0673310fb71929ca0dd390f8aa1_246
  248. But instead I YOLO'd on risky stocks and

    Segment details13:07–13:11 · rev_7f31b0673310fb71929ca0dd390f8aa1_247
  249. I'm down 44%.

    Segment details13:11–13:12 · rev_7f31b0673310fb71929ca0dd390f8aa1_248
  250. Great. So what have we learned from my

    Segment details13:14–13:18 · rev_7f31b0673310fb71929ca0dd390f8aa1_249
  251. mistakes? I've learned that my mistakes

    Segment details13:18–13:21 · rev_7f31b0673310fb71929ca0dd390f8aa1_250
  252. were made because I bought at the top when

    Segment details13:23–13:26 · rev_7f31b0673310fb71929ca0dd390f8aa1_251
  253. things were rallying and going to the

    Segment details13:26–13:28 · rev_7f31b0673310fb71929ca0dd390f8aa1_252
  254. moon. I got all excited and I was like,

    Segment details13:28–13:30 · rev_7f31b0673310fb71929ca0dd390f8aa1_253
  255. wow, I gotta buy more BNGO because it's

    Segment details13:30–13:32 · rev_7f31b0673310fb71929ca0dd390f8aa1_254
  256. gonna go up even more. Oh, I gotta buy

    Segment details13:33–13:34 · rev_7f31b0673310fb71929ca0dd390f8aa1_255
  257. more Bitcoin stuff because it's at $60K

    Segment details13:35–13:36 · rev_7f31b0673310fb71929ca0dd390f8aa1_256
  258. and it's gonna go to $100K. And then I

    Segment details13:36–13:40 · rev_7f31b0673310fb71929ca0dd390f8aa1_257
  259. bought at the top and then it crashed and

    Segment details13:40–13:41 · rev_7f31b0673310fb71929ca0dd390f8aa1_258
  260. then I panic sold and then I bought back

    Segment details13:41–13:43 · rev_7f31b0673310fb71929ca0dd390f8aa1_259
  261. in. Trying to time the bottom, and then I

    Segment details13:43–13:46 · rev_7f31b0673310fb71929ca0dd390f8aa1_260
  262. lost most of it because it's really

    Segment details13:47–13:48 · rev_7f31b0673310fb71929ca0dd390f8aa1_261
  263. difficult to time the top— the bottom. I

    Segment details13:49–13:51 · rev_7f31b0673310fb71929ca0dd390f8aa1_262
  264. bought at the top, I sold at the bottom,

    Segment details13:51–13:53 · rev_7f31b0673310fb71929ca0dd390f8aa1_263
  265. I bought back in at the bottom. It's so

    Segment details13:54–13:57 · rev_7f31b0673310fb71929ca0dd390f8aa1_264
  266. bad. I made every single investing mistake

    Segment details13:57–13:59 · rev_7f31b0673310fb71929ca0dd390f8aa1_265
  267. that you should never make. And to be

    Segment details14:00–14:02 · rev_7f31b0673310fb71929ca0dd390f8aa1_266
  268. honest, I don't really know what to do

    Segment details14:02–14:03 · rev_7f31b0673310fb71929ca0dd390f8aa1_267
  269. now. If I sell everything, what if it

    Segment details14:04–14:07 · rev_7f31b0673310fb71929ca0dd390f8aa1_268
  270. starts going back up again and then I just

    Segment details14:07–14:09 · rev_7f31b0673310fb71929ca0dd390f8aa1_269
  271. missed out on recovering? And then if I

    Segment details14:09–14:12 · rev_7f31b0673310fb71929ca0dd390f8aa1_270
  272. sell everything, what am I gonna buy? I

    Segment details14:12–14:14 · rev_7f31b0673310fb71929ca0dd390f8aa1_271
  273. don't know what's what's a good thing to

    Segment details14:14–14:17 · rev_7f31b0673310fb71929ca0dd390f8aa1_272
  274. buy right now. So I think I'm just gonna

    Segment details14:17–14:20 · rev_7f31b0673310fb71929ca0dd390f8aa1_273
  275. leave it and not sell anything and just

    Segment details14:20–14:22 · rev_7f31b0673310fb71929ca0dd390f8aa1_274
  276. try and be patient. Maybe eventually after

    Segment details14:23–14:25 · rev_7f31b0673310fb71929ca0dd390f8aa1_275
  277. months and months some of these stocks

    Segment details14:26–14:28 · rev_7f31b0673310fb71929ca0dd390f8aa1_276
  278. will go back up. People saying Bitcoin's

    Segment details14:28–14:31 · rev_7f31b0673310fb71929ca0dd390f8aa1_277
  279. gonna go back up to $60K, maybe I can just

    Segment details14:31–14:34 · rev_7f31b0673310fb71929ca0dd390f8aa1_278
  280. be patient and wait for that. So my

    Segment details14:34–14:37 · rev_7f31b0673310fb71929ca0dd390f8aa1_279
  281. investing journey since I began, how long

    Segment details14:38–14:41 · rev_7f31b0673310fb71929ca0dd390f8aa1_280
  282. ago was it? October, and now it's July.

    Segment details14:41–14:43 · rev_7f31b0673310fb71929ca0dd390f8aa1_281
  283. So that's about 9 months, 9 months of hard

    Segment details14:45–14:48 · rev_7f31b0673310fb71929ca0dd390f8aa1_282
  284. work trying to invest, and I managed to

    Segment details14:48–14:51 · rev_7f31b0673310fb71929ca0dd390f8aa1_283
  285. turn £26,000 into £18,000.

    Segment details14:52–14:55 · rev_7f31b0673310fb71929ca0dd390f8aa1_284
  286. Yay! I turned $37,000 into $25,000.

    Segment details14:56–15:00 · rev_7f31b0673310fb71929ca0dd390f8aa1_285
  287. Amazing success story.

    Segment details15:01–15:03 · rev_7f31b0673310fb71929ca0dd390f8aa1_286