When the pandemic struck, Buffet was also selling. It was a terrific time to buy equities overall and a great entry point for those in my generation, who were in their 30s and 40s. Do you believe this would be a good time to sell some stocks as well? I'm wondering what the best ways are to rebalance my $2 million holdings.
I agree. Exactly why I now work with one. A lot of folks downplay the role of advisors until being burnt by their emotions, no offense. I remember some years back, during the covid-outbreak, I needed a good boost to stay afloat, hence researched for advisors and thankfully came across one with grit. As of today, my cash reserve has yielded from $350k to nearly $1m
‘’Aileen Gertrude Tippy’' is the licensed advisor I use and i'm just putting this out here because you asked. You can Just search the name. You’d find necessary details to work with to set up an appointment.
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
@@noahgoat8341 Which has **nothing** to do with why he is happy. [Note 1] He has a very sophisticated/intelligent character/psychology in my opinion, which might be one of the reasons why he did so well when investing (for example he doesn’t panic sell). [Note 1]: Read www.cnbc.com/2018/02/27/warren-buffett-doubling-your-net-worth-wont-make-you-happier.html
i know Im randomly asking but does anybody know of a trick to get back into an Instagram account?? I stupidly lost the account password. I would appreciate any tips you can give me.
Man of God Dollar cost average and index funds, remember your money will double within 5-10 years with you adding nothing to the balance but if your putting money in every month it will grow faster, look up rule of 72
@@conorm2524 There will be short periods where it doesn't grow. But at some point in the future it will have risen higher than it was before hand. It wasnt growing in the 1930's but it has eventually risen to where it is now.
well, to be fair, that's with a nearly 12% annual return over the last 76 years. Both Buffett and Jack Bogle have said that going forward, index funds are likely to see a long-term annual return of about 7% (per year). So: 1) buy low cost index funds, and 2) try and invest more of your income to offset slower growth. Worst case is you end up too wealthy.
Both Bogle and Buffet have suggested that 7% figure (share price appreciation + dividends) in numerous interviews since 2015. As for how long, perhaps a decade or two? They could turn out to be wrong, but based on Bogle's famous "reversion to the mean" mantra, it's likely that the strong performance of mutual funds in the 90's and early 2000's are likely to lead to more modest returns for about the same time period going forward. Bogle especially likes to bring that 6-7% figure up to reinforce how important it is that investors watch their fund fees like a hawk, because more modest returns mean less room for making mistakes.
Thats not EXACTLY what he said. $629 dollars in 1942 would have been the equivalent to $10,000 USD. He said if you put $10,000 dollars. He could have implied every year, inflation adjusted and compounded with dividend's re-invested, you get your $55 million number. Present value vs future value is understood when he's speaking. The guy is old give him a break.
@@apk001 Your numbers are off the mark. The average house cost $3770 in 1942. The average house cost $294,200 in October 2018. By your example: 3 houses would have cost $11,310 in 1942 and $882,600 in October 2018, nearly half of the $1,500,000 you're claiming. I hope your wife is in charge of the finances in your house.
x x market crashes don’t exactly happen overnight. I’m actually very excited for the next crash because I’ll be able to buy into strong companies for cheap. Just remember after every bearish market, it will be followed by a bullish market.
I'm 70 and retired, I have $302k in a bank savings account making nearly nothing in interest. I’d like to put it in a HYSA (5%) or should i put a portion in index funds? I have $400k in an annuity. How do i maximize all this to make gains this year?
In this current unstable markets, It is advisable to diversify while retaining 70-80% in secure investments. looking at your budget, you should consider financial advisory.
Agreed, my portfolio is well-matched for every market season yielding 85% from early last year to date. I and my advisr are working on a 7 figure ballpark goal, tho this could take another year. IMO, financial advisors are the most sought-after professionals after doctors.
She goes by ‘Jennifer Leigh Hickman" I suggest you look her up. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.
you should not ask about it on youtube and other garbage places, go to a professional and get proper advise or you might have 2k in savings after someone helps you with advise or directly...
Everybody's got an opinion. I'll take Warren Buffett's opinion ahead of the others. FWIW, there are plenty of investment guru's who beat the index for a business cycle but very few who have beaten the index long term. I've known for a number of years that Buffett has recommended index funds for people who don't have the time or the inclination to do the homework on individual stocks. Index funds have been getting a bad wrap by many recently and it was time for Buffett to repeat himself. Thank you sir.
By kids nowadays you mean you? You barely know the dude besides watching videos of him, so what is stopping the kids nowadays from watching those videos? As a matter of fact kids are getting smarter and smarter. I hate to admit it because I'm 35 but it's real. So many younger millionaires and so many richer people exploiting other people.
Really like his comment at the end "America works." Keeps the great optimism! Thankful for living in a blessed country in the midsts of difficult times.
Every investor intention is to build a portfolio that can beat the market yet fails to understand that finding success with these Investments isn't necessary rocket science, but it does require putting in hard work, taking risks and ensuring proper research on the right stocks to invest in.
Investors must carryout research and reviews before engaging the market, index funds is certainly not a bad idea adding it to your portfolio can help gradually grow your Investment.
I have a well diversified portfolio not only on index funds also on dividend and other valuable commodities, the aim is to build a good passive for a long time after retirement.
Wall Street: Index funds have outperformed other investing strategies Also Wall Street: Past performance does not necessarily predict future performance
@@rohitroll2119 If you just bought Buffett's Berkshire hathaway you would outperform the index. There are plenty of great mutuals out there that are not super exciting, not in the media, that base their investment on value and quality and they routinely outperform the indexes through thick and thin. Indexes are fantastic and there are mutual funds that are fantastic as well that have great track records that do exactly as they promise with their investments. If you just picked the top performing companies in the index and stayed with them for 20 years they would outperform the index.
When taxes and fees are factored in there is no better choice than a market index for any extended period (say 10 years or more). The best analogy I can give you is the following: I am telling you BEFORE a 15 horse race starts which horse is guaranteed to finish 2nd. If one is foolish enough to say "I will ignore that advice as I think I can pick the winner" than so be it. You can make a hell of a lot of money knowing which horse finishes 2nd.
1:39 1942 I bought my first stock 1:57 Best thing you could've done is buy an index fund and never look at a headline or think about stocks 2:17 If you had put $10,000 it would be $51,000,000 now
I frankly do not know much about investing online. I have been looking to learn more about online investing, but it has not been easy for me. I wanna invest as soon as possible. How can I begin?
It is good to begin stock trading, but always have this at the front of your mind, one of the reasons why many fail on their investments or trading is because they try it without proper guidance and money management. I will advice you get advice from an experienced stock broker.
I totally agree with Alex, you need a financial guide to put you through all what you need to know and also to tell you when or where to invest your money. Some persons will just jump into investing on what they know nothing about. My good advice is get a financial consultant.
Just something to note.... don't worry TOO much about investing. Tomorrow isn't promised, set some aside for sure, but also go out and enjoy your life... spend money on that vacation or food! You can't take it (money) with you when you're gone.
I know a lot about bitcoin and already maked enough profit, plan to invest know in index funds, can you recommend me 3 or 4? p.s I heared about s and p 500 but thats all :s
@@sam_180x sorry but I don't know anything about this and I also want to get into investing..I've also been told s and p 500 and I've put my money it it but I've lost it
@@sam_180x I highly recommend an index fund that follows the S&P 500 such as the Fidelity S&P 500 Index Fund. If you do plan on investing with fidelity, they also have a total market index fund and if you have a Roth IRA with fidelity, they have index funds that are meant to maximize the amount of stocks vs bonds for when you turn 60
Ganesh Nayak … Agreed... Sad to see Americans living so well for so long that they become complacent, and ignorant of economic fundamentals,,,, crying like children when things do not go just as they would like, when they should take the opportunity to become Owners of the means of Production.
Index fund may not give you the most money, but in the long run you are 90% likely to make money and NOT losing anything. It is one of the safest bet on the market.
Here's another trick on how to invest in index funds. It's buying and holding, but there's one more thing we need to add: th-cam.com/video/hY3MMgvlB4o/w-d-xo.html&t
And even if the debt crisis does not blow up (yet) the mexican beer plague is gonna wreck both supply and demand for a few months to a few years. I'll wait, this crisis has barely even begun. :/
Indexed funds is how a number of countries fund part of its retirement funding for workers. It is part of the salary package. After 45 years the indexed fund pays the employee a pension. The index fund usually holds a spread of assets, equity in the domestic market, equity in foreign markets, commercial properties (shopping malls etc), infrastructure (tollways, ports, airports etc), local bonds, overseas bonds, some hedge funds stock, cash. Employees would normally elect to be more weighted to equity during the accumulation phase of pension as returns can vary a lot year to year but over 35 years the return has historically been higher. During the retirement phase employees elect for a more conservative weighting as while returns are lower, there is less variability in the returns.
Gonna be "that" guy, but he says at 2:36 that you had to believe that "America would progress as it has ever since 1776". Nowadays, I don't find that belief to be as practical as it was in 1942. The rapid expansion of America from 1942 to present has at best stagnated... it doesn't take a genius to see that. No Empire has lasted forever... not a single one. America will be no exception. It may not happen in the next 100 years, but this century is presenting us with new challenges that the 20th century simply didn't. The world is changing rapidly. As they say, you can't teach an old dog new tricks. I'm glad Mr. Buffet's strategy worked for him. But he's on the way out. The world he grew up and grew old in is no longer the world we inhabit. And he will be gone while the rest of us left behind to reckon with these new challenges. I could be totally wrong. Maybe you should just stick your money in an index fund and call it a day. But "past performance is not a guarantee of future results". Everyone knows this. I'm sticking to my diversified portfolio. If I lose, I lose. Let's see.
WARREN BUFFETT IS THE ONLY PERSON IN AMERICA THAT KNOW THE STOCK MARKET VERY WELL, EVERY ONE ELSE JUST GAMBLING! WARREN IS LIKE ALBERT EINSTEIN ONE IN A BILLION.
Since this Warren Buffett interview index funds have increased in value even further and has beaten the vast majority of non index funds too. When do you sell? The answer to that question is usually How much do you want to get out of the investment? Buy with X amount of lump sum until it's worth the lump sum you desire!
He also hinted he let the experts do what they do best sort of like buying a farm and letting the farm manager take care of it. Please purchase the Art and Science of Shepherding. Nothing to do with finance but all to do with Eco-nom-ic system. The power of mon-ey is in semantics.
I’m trying to understand where he got his numbers from? S&P 500 back in 1942 was $8.93 which you could of purchased 1,119 shares for $10,000. Those shares today 1,119X$2885 = $3,230,683. Am I missing something?
VSpeaks I think you are the one who doesn’t understand compounding interest. I did the calculations WITH compounding interest. Please provide me with a breakdown if you believe you understand it better than I do.
Can anyone recommend any books or films that REALLY go into detail on Buffett's time at Berkshire Hathaway? I've seen a couple of documentaries on TH-cam but they didn't go into the detail I'm looking for. I'd love to find something that goes through Buffett's leadership chronologically very specifically and outlines major investments with all the figures etc. Does anyone have suggestions? Thanks.
Well if your looking for investment advice you can literly go and see berkshire's stock holdings they publish it i believe quarterly? most of the stocks in there are great and many funds just buy and hold what berkshire has.
P puh6tfrz try reading the snowball effect: warren buffet. It’s a good book I also recommend reading one up on wall street it talks about a lot of the same concepts that warren uses. Warren’s investment strategy however was based on The Intelligent Investor by Benjamin Graham.
@@user-eq2vu1fq3w Yes, I got the book a few weeks ago, thanks. The stuff that focusses on Berkshire Hathaway is interesting although I'm not interested in his wife's social life so I skip past that!
Huge fan of Buffet, but I have a question. He said the best thing you could have done back then (40's) was to invest in index funds. Didn't index funds begin to exist in the 1970's?
Wise words. In 1929 the Dow was 18 ounces of gold. In 2022 the Dow is 18 ounces of US Treasury legal gold, real money. In honest money, the Dow has not gone up since 1929. In dishonest money, debt dollars, the Dow was $42 in 1932 and is $35,000 in 2022, up over 800x. What we are looking at here is currency debasement, not investment. Still, investors love getting free money from "investing" and currency debasement. The mega force and 97% of stock returns is currency debasement and dividends. All else is moot.
Mechannel Usually you can Transfer Property taxes 100% to the tenant. If you sell land or buildings that you own at least 10 years, the gain is Tax free! This is the situation in Europe, I pay 35% income tax on dividens plus net worth tax every year
Managing real estate is a lot more stressful and time consuming then Index Funds.. Also much more risk... Buy a piece (S&P) of the Means of Production and let the Pros handle the 'day to day', then take your cut (dividend) of the profit...
Mr. Buffett's $51M projection after 76 years of compounding assumes an average annual return of 11.89% -- a _great_ deal higher than the actual total annual return (share price + dividend) of the S&P 500 over the 1942-2018 period.
I told my brother about the vanguard 500. I told him he should get their kids to put 10 percent a month in. He wont listen to me or even bother to research it. The kids are around 18
No doubt that Buffet is a talented guy but he was also very lucky. I mean being in America during its golden age is a huge advantage. I read that he was against buying gold in the past but after the corona pandemic, he bought huge sums of gold, which means that he realizes that this time it is different, he puts aside his baby boomer mentality and understands the problems that the millennials are facing.
I’m finding this hard to find consistency between arguments like this and arguments Wareen makes in the intelligent investor. In that book, Warren argues against Jeremy Siegel’s argument that stocks always out perform bonds in the long run (30+ years) and Warren argues against a 100% stock allocation.
@@jakejake7289 Correct, my mistake. Of course not. But he does consider the book to be basically his investing bible, so I would expect that he would agree with the author of the book to some extent, otherwise, why would he recommend the book so heavily?
@Mathew Hiscock Good point. I have heard Buffet argue that over long periods stocks are far better investments than bonds. So I am thinking he embraced the security analysis portion of the book and rejected the rest as outdated.
As far as I understand index funds include dividends. In March 1942 S&P 500 was 7.66 and now it's at 2800 level. That means roughly 365 times growth which means $10K would have turned into $3.65 million. What am I missing here?
Yes, the dividend is automatically reinvested with index funds. But you have to own the index fund to receive those dividends, and then reinvest them. Dividends don't get reinvested into the price of a stock. They get reinvested into a shareholders shares of the stock.
Buffett doesn't say stuff to help us out. He says stuff to preserve and promote his public image. And while that is totally fair, take the advice with a grain of salt. For example Buffett says self driving car tech is moot, probably because that directly hurts his car insurance company geico.
lol you saying he just gave you poor advice? Man, some of you need to spend some time back-testing large cap index funds (TSM, S&P, etc). His advice, along with Bogle's and other great investors, is fantastic advice for the average man/investor (aka us).
canefan17 This is an interview for Buffett not a free strategy session for the masses. Buffett famously said he would never own airlines nor tech stock. Well today he owns both including Southwest Airlines and 5% of Apple.
When the pandemic struck, Buffet was also selling. It was a terrific time to buy equities overall and a great entry point for those in my generation, who were in their 30s and 40s. Do you believe this would be a good time to sell some stocks as well? I'm wondering what the best ways are to rebalance my $2 million holdings.
Even with great opportunities, we should proceed cautiously. Seeking market analysis or advice from certified market strategists is important.
I agree. Exactly why I now work with one. A lot of folks downplay the role of advisors until being burnt by their emotions, no offense. I remember some years back, during the covid-outbreak, I needed a good boost to stay afloat, hence researched for advisors and thankfully came across one with grit. As of today, my cash reserve has yielded from $350k to nearly $1m
I’ve been looking to switch to an advisor for a while now. Any help pointing me to who your advisor is?
‘’Aileen Gertrude Tippy’' is the licensed advisor I use and i'm just putting this out here because you asked. You can Just search the name. You’d find necessary details to work with to set up an appointment.
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
"It is not necessary to do extraordinary things to get extraordinary results."
- Warren Buffett (on Index Funds)
Warren seems to be the kind of person you meet in a waiting line and who you have a good conversation with as a complete stranger.
He always has such a positive attitude. Love Warren!
sent4dc well yeah he’s got 80 billion dollars
@@noahgoat8341 Which has **nothing** to do with why he is happy. [Note 1] He has a very sophisticated/intelligent character/psychology in my opinion, which might be one of the reasons why he did so well when investing (for example he doesn’t panic sell).
[Note 1]: Read www.cnbc.com/2018/02/27/warren-buffett-doubling-your-net-worth-wont-make-you-happier.html
@@JanischMaximilian well yeah he’s got 80 billion dollars
@@josereyes1148 Indeed he does 😂
@@JanischMaximilian having 80 billion dollars goes a long way towards having a pleasant disposition.
i like how he always talks about charlie
@Emanuel Franco nice try, fake accounts
i know Im randomly asking but does anybody know of a trick to get back into an Instagram account??
I stupidly lost the account password. I would appreciate any tips you can give me.
@Westin Kamari instablaster =)
Who would've guessed the old man from Up was so wise regarding money?
Lmao
Compounding is the 8th wonder of the world!
Not so much with interests rates now a days ahah
Waz By the way interest rates have nothing to do with compound interest buddy
@@BigRed2 Any investing tips brother
great quote.
Man of God Dollar cost average and index funds, remember your money will double within 5-10 years with you adding nothing to the balance but if your putting money in every month it will grow faster, look up rule of 72
you dont have to be warren buffet to understand that the world economy is growing ever since the word economy has been used
Wasn't growing in the 1930s.
@@conorm2524 There will be short periods where it doesn't grow. But at some point in the future it will have risen higher than it was before hand. It wasnt growing in the 1930's but it has eventually risen to where it is now.
Yet hardly anyone will listen and take this basic advice!
The GOAT of investing!
yes, you are GOAT of investing ! mr.divident fraud
well, to be fair, that's with a nearly 12% annual return over the last 76 years. Both Buffett and Jack Bogle have said that going forward, index funds are likely to see a long-term annual return of about 7% (per year). So: 1) buy low cost index funds, and 2) try and invest more of your income to offset slower growth. Worst case is you end up too wealthy.
Really where have they said this. And how long term are we talking. 10 years or is this more of a Permiant than thing
Both Bogle and Buffet have suggested that 7% figure (share price appreciation + dividends) in numerous interviews since 2015. As for how long, perhaps a decade or two? They could turn out to be wrong, but based on Bogle's famous "reversion to the mean" mantra, it's likely that the strong performance of mutual funds in the 90's and early 2000's are likely to lead to more modest returns for about the same time period going forward. Bogle especially likes to bring that 6-7% figure up to reinforce how important it is that investors watch their fund fees like a hawk, because more modest returns mean less room for making mistakes.
@Jacob good point!
Jacob Why? Global real returns before fees and taxes have been 5.2% since 1900. Not 7-8%.
which index funds? Global ones that cover all countries?
$10,000.00 in 1942 had the same buying power as $159,047.74 in 2018
Thats not EXACTLY what he said. $629 dollars in 1942 would have been the equivalent to $10,000 USD. He said if you put $10,000 dollars. He could have implied every year, inflation adjusted and compounded with dividend's re-invested, you get your $55 million number. Present value vs future value is understood when he's speaking. The guy is old give him a break.
a house was about $3,000 - compared with about $500,000 now - so $10,000 was about 3 houses or $1.5 million
Not in Michigan. Maybe in California
Yea but who would wait and watch grow that big and spend that money? Lol
@@apk001 Your numbers are off the mark.
The average house cost $3770 in 1942.
The average house cost $294,200 in October 2018.
By your example: 3 houses would have cost $11,310 in 1942 and $882,600 in October 2018, nearly half of the $1,500,000 you're claiming.
I hope your wife is in charge of the finances in your house.
Buy and Hold!!! This is why I never day traded!!
And a crash happens and you lose 50%! Remember after the crash of 1937, it took 17 years to recover!
x x market crashes don’t exactly happen overnight. I’m actually very excited for the next crash because I’ll be able to buy into strong companies for cheap. Just remember after every bearish market, it will be followed by a bullish market.
I gained a lot in individual stocks. Should I rebalance them and put the gains into my ETF...?
@@nathenstone4147 not before the market crushes all your optimism.
Mr White it’s not optimism. It’s an inevitable pattern. Do you think companies like google and Tesla would take a hit and never recover?
I'm 70 and retired, I have $302k in a bank savings account making nearly nothing in interest. I’d like to put it in a HYSA (5%) or should i put a portion in index funds? I have $400k in an annuity. How do i maximize all this to make gains this year?
In this current unstable markets, It is advisable to diversify while retaining 70-80% in secure investments. looking at your budget, you should consider financial advisory.
Agreed, my portfolio is well-matched for every market season yielding 85% from early last year to date. I and my advisr are working on a 7 figure ballpark goal, tho this could take another year. IMO, financial advisors are the most sought-after professionals after doctors.
She goes by ‘Jennifer Leigh Hickman" I suggest you look her up. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.
you should not ask about it on youtube and other garbage places, go to a professional and get proper advise
or you might have 2k in savings after someone helps you with advise or directly...
There a video where Warren Buffet and Munger answer that exact question. Just do what they say. You might have to read a few books, though.
"Imagine you buy a farm.." - Warren Buffett 2018
Warren Buffet, every interview, every time. :D
Thank you Mr. Buffet for all advises .Nice of you to educate the public.
I love his humor and laughs 😄 seems like an approachable guy
Everybody's got an opinion. I'll take Warren Buffett's opinion ahead of the others. FWIW, there are plenty of investment guru's who beat the index for a business cycle but very few who have beaten the index long term. I've known for a number of years that Buffett has recommended index funds for people who don't have the time or the inclination to do the homework on individual stocks. Index funds have been getting a bad wrap by many recently and it was time for Buffett to repeat himself. Thank you sir.
Today it's not about return ON capital. Today it is about return OF capital
Charlie is truly a savage. Kids nowadays would never know how great he is
But how?
By kids nowadays you mean you? You barely know the dude besides watching videos of him, so what is stopping the kids nowadays from watching those videos? As a matter of fact kids are getting smarter and smarter. I hate to admit it because I'm 35 but it's real. So many younger millionaires and so many richer people exploiting other people.
Really like his comment at the end "America works." Keeps the great optimism! Thankful for living in a blessed country in the midsts of difficult times.
Every investor intention is to build a portfolio that can beat the market yet fails to understand that finding success with these Investments isn't necessary rocket science, but it does require putting in hard work, taking risks and ensuring proper research on the right stocks to invest in.
Investors must carryout research and reviews before engaging the market, index funds is certainly not a bad idea adding it to your portfolio can help gradually grow your Investment.
It's one of the most profitable long term investment that grows overtime, it's always positive owning index funds.
Adding a bit of index funds can help improve the overall performance of your portfolio over the years and a good passive income can also be generated.
This video is super inspiring, I have never really placed much attention to index funds but now I feel the need to invest in it.
I have a well diversified portfolio not only on index funds also on dividend and other valuable commodities, the aim is to build a good passive for a long time after retirement.
Sir I have great respect for you and keep you always in high esteem
Wall Street: Index funds have outperformed other investing strategies
Also Wall Street: Past performance does not necessarily predict future performance
Dave Ramsey says the opposite.
@@mr.worldfree3333 and I prefer to listen to Warren :)
@@mr.worldfree3333
Ramsey has not said index funds are bad just that good mutual funds will outperform the index.
@@bighands69 and your probability of choosing a good MF is as good as choosing a Bad MF. Thus index fund , lower risk, comparable returns.
@@rohitroll2119
If you just bought Buffett's Berkshire hathaway you would outperform the index.
There are plenty of great mutuals out there that are not super exciting, not in the media, that base their investment on value and quality and they routinely outperform the indexes through thick and thin.
Indexes are fantastic and there are mutual funds that are fantastic as well that have great track records that do exactly as they promise with their investments. If you just picked the top performing companies in the index and stayed with them for 20 years they would outperform the index.
Buffett : America Works
Coronavirus : Hold my beer.
Temporary problem
Josef Adams America: hold my beer and shot of whiskey
America is still working with the Coronavirus.
This pandemic does not change the 10 year outlook of the US. Warren Buffet recently said this.
this has provided many young people a great opportunity to begin investing in ETFs.
When taxes and fees are factored in there is no better choice than a market index for any extended period (say 10 years or more). The best analogy I can give you is the following: I am telling you BEFORE a 15 horse race starts which horse is guaranteed to finish 2nd. If one is foolish enough to say "I will ignore that advice as I think I can pick the winner" than so be it. You can make a hell of a lot of money knowing which horse finishes 2nd.
1:39 1942 I bought my first stock
1:57 Best thing you could've done is buy an index fund and never look at a headline or think about stocks
2:17 If you had put $10,000 it would be $51,000,000 now
I frankly do not know much about investing online. I have been looking to learn more about online investing, but it has not been easy for me. I wanna invest as soon as possible. How can I begin?
It is good to begin stock trading, but always have this at the front of your mind, one of the reasons why many fail on their investments or trading is because they try it without proper guidance and money management. I will advice you get advice from an experienced stock broker.
Have you considered getting the help of a financial adviser or a good portfolio manager? You should, It is the best way to start.
I totally agree with Alex, you need a financial guide to put you through all what you need to know and also to tell you when or where to invest your money. Some persons will just jump into investing on what they know nothing about. My good advice is get a financial consultant.
@@AlexaJohnson0 How can I get a reliable financial consultant? A good recommendation will be nice.
How can I get her contact? because I need to make some clarifications
"HUHEHEHE!" - Warren Buffett 2018
"America works!" Love it!
Just something to note.... don't worry TOO much about investing. Tomorrow isn't promised, set some aside for sure, but also go out and enjoy your life... spend money on that vacation or food! You can't take it (money) with you when you're gone.
Still so active and loves investing,
investing is an endless topic
what more someone could dream of
Who needs this guy when you've got dropshipping wannabes in the comment section
I know a lot about bitcoin and already maked enough profit,
plan to invest know in index funds,
can you recommend me 3 or 4?
p.s I heared about s and p 500 but thats all :s
@@sam_180x sorry but I don't know anything about this and I also want to get into investing..I've also been told s and p 500 and I've put my money it it but I've lost it
@@sam_180x I highly recommend an index fund that follows the S&P 500 such as the Fidelity S&P 500 Index Fund. If you do plan on investing with fidelity, they also have a total market index fund and if you have a Roth IRA with fidelity, they have index funds that are meant to maximize the amount of stocks vs bonds for when you turn 60
Came for the Wisdom...got Distracted by the Legs😳
This is why I always enjoy her interviews 😂
street hookers and newscasters wear the same dresses. One group gets more respect than the other.
😂
@@Scottieguru Yeah nobody respects newscasters.
That why you are poor.
Thanks for this advice Warren
Here it is again, I'm 60 now and I'm glad I listened back when. @1:57
Love America.. Please hold on to your capitalism ethos.
Ganesh Nayak and keep the socialistic bailouts when needed lo it alfloat like 2008.
verified with 10 subs? wtf
BLUEGENE13 it's a free market bro. :-)
good on you lol, but why and how lol
Ganesh Nayak … Agreed... Sad to see Americans living so well for so long that they become complacent, and ignorant of economic fundamentals,,,, crying like children when things do not go just as they would like, when they should take the opportunity to become Owners of the means of Production.
Great words of wisdom and experience 👍🏼
Index fund may not give you the most money, but in the long run you are 90% likely to make money and NOT losing anything.
It is one of the safest bet on the market.
One of the most brilliant investors I admire.
Here's another trick on how to invest in index funds. It's buying and holding, but there's one more thing we need to add: th-cam.com/video/hY3MMgvlB4o/w-d-xo.html&t
10000 back then was a lot of money
That laugh at 27 seconds is life 😁😁
Gees Warren, $10k in 1942 was a lot of money and inflation adjusted would be almost $150k today.
$10000 in 1942 would be about $70,000 in todays money. Back then $10000 due to strong purchasing power would have been better value.
Spent a lot of time and could not find this full interview. Please help!
Thank you so much for sharing this useful data! Greatly appreciated
The market's on sale right now, but only for a limited time. Go BUY BUY BUY right now!!
It might fall to below 60% if this debt crisis blows up
And even if the debt crisis does not blow up (yet) the mexican beer plague is gonna wreck both supply and demand for a few months to a few years. I'll wait, this crisis has barely even begun. :/
The world is destined to descend into greater chaos.
This didn't age well lol
Turns out you were correct.
America works indeed!!
I love the way Buffett chuckles to himself at 0:17.
Such a wise fox. Index funds with low cost managements and REINVESTING dividends.
Inspiration💖💖
What yall think about investment account options for terminal life insurances? Worth it or should i go full index funds ?
Invest today 10 years later.. : )
The worlds wisest investor, a holy land of financial knowledge in that head that it's scary.
I just realized how big Warren's ears are lol
They never stop growing
Almost as big as his bank account.
Lolooool
That is why he is so smart lol 😂
Indexed funds is how a number of countries fund part of its retirement funding for workers. It is part of the salary package. After 45 years the indexed fund pays the employee a pension. The index fund usually holds a spread of assets, equity in the domestic market, equity in foreign markets, commercial properties (shopping malls etc), infrastructure (tollways, ports, airports etc), local bonds, overseas bonds, some hedge funds stock, cash. Employees would normally elect to be more weighted to equity during the accumulation phase of pension as returns can vary a lot year to year but over 35 years the return has historically been higher. During the retirement phase employees elect for a more conservative weighting as while returns are lower, there is less variability in the returns.
😳!!! 51 million dollars! WoW! The rewards of spending abstinence
Gonna be "that" guy, but he says at 2:36 that you had to believe that "America would progress as it has ever since 1776". Nowadays, I don't find that belief to be as practical as it was in 1942. The rapid expansion of America from 1942 to present has at best stagnated... it doesn't take a genius to see that. No Empire has lasted forever... not a single one. America will be no exception. It may not happen in the next 100 years, but this century is presenting us with new challenges that the 20th century simply didn't. The world is changing rapidly.
As they say, you can't teach an old dog new tricks. I'm glad Mr. Buffet's strategy worked for him. But he's on the way out. The world he grew up and grew old in is no longer the world we inhabit. And he will be gone while the rest of us left behind to reckon with these new challenges.
I could be totally wrong. Maybe you should just stick your money in an index fund and call it a day. But "past performance is not a guarantee of future results". Everyone knows this. I'm sticking to my diversified portfolio. If I lose, I lose. Let's see.
This guy has great potential
Warren Buffett that beloved nefew of yours😇😁😎
Compounding dividend is fantastic... - Berkshire does not pay dividends
yeah thats something i never understood
I wish younger folks would listen more to Warren.
Warren didn't become a billionaire investing in ETFs😂😂
This is all you ever need to know about investing
WARREN BUFFETT IS THE ONLY PERSON IN AMERICA THAT KNOW THE STOCK MARKET VERY WELL,
EVERY ONE ELSE JUST GAMBLING!
WARREN IS LIKE ALBERT EINSTEIN ONE IN A BILLION.
She has the best figures in this video
Since this Warren Buffett interview index funds have increased in value even further and has beaten the vast majority of non index funds too. When do you sell? The answer to that question is usually How much do you want to get out of the investment? Buy with X amount of lump sum until it's worth the lump sum you desire!
America works- love it
the simplest way to invest is to buy etf's that track the s&p500 index... historically you would never loose money if you buy and hold
I started 2 years ago and man follow mr.buffet has been a ride :) I straddle trade in this market.
And that is asset inflation which was enabled to reach such an amount due to increased productivity
He also hinted he let the experts do what they do best sort of like buying a farm and letting the farm manager take care of it. Please purchase the Art and Science of Shepherding. Nothing to do with finance but all to do with Eco-nom-ic system. The power of mon-ey is in semantics.
Good interviewer as well
I’m trying to understand where he got his numbers from? S&P 500 back in 1942 was $8.93 which you could of purchased 1,119 shares for $10,000. Those shares today 1,119X$2885 = $3,230,683. Am I missing something?
Penny Budget :Reinvest the Dividends too
Leonardo Jacks still the numbers don’t add up, calculate it.
@@SuperSurr73 you DON'T understand compound interest.
VSpeaks I think you are the one who doesn’t understand compounding interest. I did the calculations WITH compounding interest. Please provide me with a breakdown if you believe you understand it better than I do.
@@SuperSurr73 it's fine I accept my mistake ;) maybe you are right.
Can anyone recommend any books or films that REALLY go into detail on Buffett's time at Berkshire Hathaway?
I've seen a couple of documentaries on TH-cam but they didn't go into the detail I'm looking for. I'd love to find something that goes through Buffett's leadership chronologically very specifically and outlines major investments with all the figures etc.
Does anyone have suggestions?
Thanks.
Well if your looking for investment advice you can literly go and see berkshire's stock holdings they publish it i believe quarterly? most of the stocks in there are great and many funds just buy and hold what berkshire has.
@@gincoopland6545 Thanks but I didn't say I was looking for investment advice.
P puh6tfrz try reading the snowball effect: warren buffet. It’s a good book I also recommend reading one up on wall street it talks about a lot of the same concepts that warren uses. Warren’s investment strategy however was based on The Intelligent Investor by Benjamin Graham.
@@user-eq2vu1fq3w Yes, I got the book a few weeks ago, thanks. The stuff that focusses on Berkshire Hathaway is interesting although I'm not interested in his wife's social life so I skip past that!
0:21 lol this dude only drinks coke
I had a grand uncle who was the same lived to he was near 90.
Rest of wall street snorts it
He owns alot of Coca-Cola stocks
Huge fan of Buffet, but I have a question. He said the best thing you could have done back then (40's) was to invest in index funds. Didn't index funds begin to exist in the 1970's?
Yeah, he's saying if they existed, it would have been the best thing to buy and hold
I don't like Buffett, but I do invest in index funds and DCA every month.
Warren Buffett is the kind of guy to where if he giving you game you better take it and run with it!!
Lols, anyone here during the Corona Crash? Suckers hold.
*NEX* is the key to all of this! Thank you Warren Buffet!
Wise words. In 1929 the Dow was 18 ounces of gold. In 2022 the Dow is 18 ounces of US Treasury legal gold, real money. In honest money, the Dow has not gone up since 1929. In dishonest money, debt dollars, the Dow was $42 in 1932 and is $35,000 in 2022, up over 800x. What we are looking at here is currency debasement, not investment. Still, investors love getting free money from "investing" and currency debasement. The mega force and 97% of stock returns is currency debasement and dividends. All else is moot.
Why not buy Berkshire Stock instead?
What happened if you bought a waterfront land lot on Long Island in 1942?
It would mean you've been paying sky high property taxes for decades. Index funds don't send you a fat tax bill every year.
Mechannel Usually you can Transfer Property taxes 100% to the tenant. If you sell land or buildings that you own at least 10 years, the gain is Tax free!
This is the situation in Europe, I pay 35% income tax on dividens plus net worth tax every year
Managing real estate is a lot more stressful and time consuming then Index Funds.. Also much more risk... Buy a piece (S&P) of the Means of Production and let the Pros handle the 'day to day', then take your cut (dividend) of the profit...
Alexander G
They have a net worth tax in Europe ? That’s ridiculous ! Which country are you from ?
Mr. Buffett's $51M projection after 76 years of compounding assumes an average annual return of 11.89% -- a _great_ deal higher than the actual total annual return (share price + dividend) of the S&P 500 over the 1942-2018 period.
Exactly. The numbers he mentions are an exaggeration. Besides, who wants to wait 70+ years to be rich 😂
@@kirisutegomen12 its about ending the cycle of generation poverty you may not see the fruits of your labor but your kids and their kids will.
@@kirisutegomen12 It is a whole lot better than never being rich like most people.
Gin coopland what if you don’t plan on kids?
hello guys everyone who is buying index funds do you pay overnight fees. cause I have to pay it even though I am not using leverage.
He squeaks
I am over 70 and still buying stock index funds.
The goat
I told my brother about the vanguard 500. I told him he should get their kids to put 10 percent a month in. He wont listen to me or even bother to research it. The kids are around 18
No Sheppard Smith? Nice trade. 👌
imagine if a dude wore a sleeveless shirt while interviewing professional guests?
bruh
Rap video views : 60 million
Warren buffet with advice which can make you money : 650 K .
Allright..
No doubt that Buffet is a talented guy but he was also very lucky. I mean being in America during its golden age is a huge advantage.
I read that he was against buying gold in the past but after the corona pandemic, he bought huge sums of gold, which means that he realizes that this time it is different, he puts aside his baby boomer mentality and understands the problems that the millennials are facing.
Vti all the way
I love how he says index funds are a good option. But, at the same time, he has beaten them by a fair margin with his business oriented strategy. c:
not really
He did for decades but now Berkshire is so big he's finding it hard to beat the index.
I’m finding this hard to find consistency between arguments like this and arguments Wareen makes in the intelligent investor. In that book, Warren argues against Jeremy Siegel’s argument that stocks always out perform bonds in the long run (30+ years) and Warren argues against a 100% stock allocation.
Buffett didn't write The Intelligent Investor.
@@jakejake7289 Correct, my mistake. Of course not. But he does consider the book to be basically his investing bible, so I would expect that he would agree with the author of the book to some extent, otherwise, why would he recommend the book so heavily?
@Mathew Hiscock Good point. I have heard Buffet argue that over long periods stocks are far better investments than bonds. So I am thinking he embraced the security analysis portion of the book and rejected the rest as outdated.
As far as I understand index funds include dividends. In March 1942 S&P 500 was 7.66 and now it's at 2800 level. That means roughly 365 times growth which means $10K would have turned into $3.65 million. What am I missing here?
maybe that is because 10k then is not the same as 10k now.
hi ohad, the index would pay out a yield (roughly 3%) that 3% reinvested would make up the shortfall
As far as I understand, the S&P 500 index already includes dividends, so this still doesn't make sense to me.
Yes, the dividend is automatically reinvested with index funds. But you have to own the index fund to receive those dividends, and then reinvest them. Dividends don't get reinvested into the price of a stock. They get reinvested into a shareholders shares of the stock.
You just have to live 100 years!
Buffett doesn't say stuff to help us out. He says stuff to preserve and promote his public image. And while that is totally fair, take the advice with a grain of salt. For example Buffett says self driving car tech is moot, probably because that directly hurts his car insurance company geico.
lol you saying he just gave you poor advice? Man, some of you need to spend some time back-testing large cap index funds (TSM, S&P, etc). His advice, along with Bogle's and other great investors, is fantastic advice for the average man/investor (aka us).
canefan17 This is an interview for Buffett not a free strategy session for the masses. Buffett famously said he would never own airlines nor tech stock. Well today he owns both including Southwest Airlines and 5% of Apple.
I disagree, self driving cars equates to less accidents which means, less claims and that means more money for him and his shareholders.
@@l00katy0utb3 If the self driving cars dramatically reduce the accident rates, the need for car insurance would decrease
Driverless cars are BS
About that...
What’s the best index fund?
Vfiax is the one buffet used
Do as I say and not what I do.- Warren Buffett