Wadau, Many thanks for the kind feedback and constructive engagement on this episode. Here the link Stomzy mentioned 👇🏾 etoro.tw/4dNqEpo. Our next episode iko na probably the most unique strategy ever used in real estate investment in Kenya. Coming up kesho, Monday 14th October 2024. Asanteni tena sana pia for the continued support 🫡 Dr. King’ori
@@TheWickedEditionDrKingori king'ori as much as we love this informative episode we also want the traditional wicked edition, yenye ulikua unachambua what has happened to our country that week....
The really wealthy people, understand the eighth wonder of the world, COMPOUNDING.... A game of discipline, consistency and patience.... It gets to a certain threshold, and it works like a BEAST....
@@jameswanjohi2454 Do your research and see why the baby boomers in America live from what they invested early in life. They have so much money in their old age that they won't finish it by the time they die... The big dawgs like Black rock and vanguard thrive on this principle...
Waoh .. this conversation is great. Building wealth is not for the lazy or dreamers. Most of us stopped learning after graduating. You have to fall in love with learning, be disciplined, consistent and patient. Thanks for this.
I love how kingori!! Table the reality of investment's and being logical thinking!! Without following the philosophy of the so called investors 😅 kudos my G
I encourage all listeners to consider the views shared here as someone's personal opinion and experience rather than gospel truth. Take them into consideration, explore further, and build your own understanding to guide your decisions and actions. Ignorance is more expensive than you realize.
Let me help Stomzy, I think what he meant was that when you put 200k in a brokerage firm you select the leverage it can be 1:1,10:1 or 100:1. Taking the example of 100:1 the brokerage firm would put you in a position where you can have high profits of the supposed 20 million but due to to the high leverage any fluctuation in price that sees a loss its your 200k thats on the line. So trading will stop when you lose 200k and thats your 200k so the brokerage firm hasnt lost any money.
When the market goes against you on a trade you have leveraged, when the size of loss amounts to your entire personal capital, the trade closes so that all your capital is swallowed. The "house/brokerage" money that you borrowed doesn't get lost...the trade closes before and only you lose when all your money is used up in the loss. On the flip side, when you close on a profitable trade with such a high leverage, your gains are outsized compared to your actual trading capital. Day trading requires a trading system/philosophy that eliminates your greed and fear, so you let your winners ride and cut your losses early so you can live to keep playing the game.
100% correct Martin. That's the downside of leveraging. If used in a situation where you have odds stacked in your favor, you're for sure going to come out on top albeit you need to have a reliable source before the "herd" catches wind then you can exit a position. Personally, I have never been a fan of leveraging because I truly don't understand it 100%. If you have some pointers that would be great too.
@@mwendwamusau These are the exact rules that kinda set folks up to fail fast and also to get hooked. It's akin to betting on a gaming table or something of the same fashion. What do you think?
@@thelifeofstomzyshow like I said in another comment, if you don't invest in a high demand, high value, it will be hard to even get started. Professional day trading is a skill like any other that you can get good at and make considerable cash from as you improve your craft and your trading system. I have experienced both humbling lessons and remarkable and consistent results in it for 2 years, but like everything else that is worth striving for, it doesn't get easier, you only get better. Plus to do this professionally, you need capital, whether yours or someone else's. And to be clear, day trading is NOT 🚫 investing. Investing is slow, methodical and boring...over a long period of time. What makes it a frustrating endeavour is having too little to invest...even when you've done your best to plan where every shilling goes. Hence my initial comments to solve an income problem...invest in skills that increase your value in the marketplace. You are your best bet.
you are right. i have personally tried forex trding. if you are doing it yourself lke i was, you can make 100k in a day and the vice versa is absof*ckinglutely very possible
@@TheWickedEditionDrKingori You can also consider bringing a person who have the idea of Network Marketing and how it works because it's complicated ju inakaanga tu scam 😅😅 I'm a big fan of your show and always like the flow of the conversation ❤
Naskia kulia. Coz i have thought all options including doing cash crops, living within my means etc. Inflation is alwys on my neck. I still hope for the best
Great feedback Kingsolver, however I didn't say nobody. I said 9/10 folks will lose money consistently. If you look at past 10-K filings from Goldman Sachs, they even had losing days but compared to 300 or so days, it was 5 - 10. That's huge. I'd like to find out from you if you have information or if you also day trade and make money consistently at such a clip. If so, that's amazing and hats off to you.
Do you know what 'Tech bro' means! I clicked this because I saw the thumbnail saying 'How tech bros make money' and I thought the guy is a software engineer☹☹
Am good at investing with hand on deck in USA stock market. Only facing challenge in finding clients. Barrier of entry in this sector,most Kenyans don't comprehend I really do need help in this
I've read books and listened to some of the best financial experts and I've realized i just become more lonely every single day I investigate finance 😢😢. Money is a very complex topic and is mostly revolved around personal philosophy.. There's no method that's 100% guaranteed to make you money.
Quite true. It’s always a personal preference towards an investment philosophy. There’s nothing truly like a one size fits all approach. I wish you all the best in your journey.
Please read "the psychology of money" it will help you appreciate your theory, and it is true money is not fixed but keeps changing in different sectors.
Majority of the ultra wealthy have their wealth tied up in stock, Real estate and other assets. Their values have grown exponentially, add that with the loophole of avoiding taxes especially capital gains, you have the gap between the rich and the poor widening everyday. Thanks for this episode, though late, helps a lot.
Hapo kwa compounding, for it to work sacrifice to have a higher percentage from your salary e.g if u pay zakayo 30% why on earth would pay yourself 20%? Secondly before your chose to invest you start by having a target n that determines the amount to invest. Thirdly for good results in compounding start with large sums n you can reduce your contributions as you go
Naah, lemmi take my time and appreciate the production side of the channel. It has been excellent lately especially with skin tone and lighting. There might be a bit of sharpness/texture on the skin but everything is on A level
Ideally the broker is supposed to make money out of the spread or commisions when you are trading. When you loose money it goes to the market (i.e for STP/ECN non dealing brokers) for dealing desk brokers, your statement could be right. In some cases even the STP/ECN brokers will hedge traders positions inhouse since they know majority of retail traders loose money. You have to be smart and disciplined to make money in trading. Would love to be a guest on this show to share my experience. Good episode though!
Quick question for you @aleksmurithi1458. WHO is the market in your opinion? Would love to know. When we talk about someone wiping out their position, who determines the other side of the coin i.e. the winner?
@@thelifeofstomzyshow the market involves different financial players. In this case retail traders, hedge funds & liquidity providers aka the market makers. Every trade you take as a retail trader, lets assume a buy, there is someone else taking an opposite side which is a sell. Now these buys and sells are facilitated by the broker but passed on to a large pool of trades which is offered by the liquidity providers. It is this liquidity that faciliatates the demand and supply, hence the price movement.
Am good at investing with hand on deck in USA stock market. Only facing challenge in finding clients. Barrier of entry in this sector,most Kenyans don't comprehend I really do need help in this
36:51 How do you go back to something that has eating a fortune from you as a campus student? The ANSWER IS "GRIT" Good now please bring founders of various companies in Africa. Would recommend this podcast too: The Diary of a CEO by Steven Bartlett.
Until people open their eyes and realize fx is a knowledge investment that takes 4yrs of data collection,psychology strategy engineering and personal change to make money ….they will ALWAYS say trading doesnt work coz walishindwa kujishinda wao wenyewe
Kingori, that ka last statement that the link will be down at the description is always a scam😅. But i appreciate the knowledge, thanks for always enlightening us
Lemme help you with the leverage explanation. 200k lev 20m then open a position, you win the leverage becomes a multiplier, if you lose the loss starts with your principal up to may be 90% of it before you get a margin call. The house always wins 😅 hope it makes sense
Guys, lets remember that the Speaker was very clear, Stock and ETF investing is AMONG the investment vehicles you can use. Most importantly that Stocks and etfs is a compounding game. If this doesn't work for you there are sooooo many other avenues in the Global Financial Markets
Hapo kwa leverage, if you put in 200k and open a 20 million position, once you loose 80% OF your original position you get stopped out. That is to say if you loose 180k your postion gets closed and you are left with 20k in your acc that how the brokerage protects themselves
That’s why you are advised to think long term where you can wait for it to go back up to make your profit. Study the market and avoid buying when the prices are high.
@johnkush920 as beginner, we have what is called Fractional Shares...you are to start small then grow to a better capital that you can now invest in Whole Shares
At 1:21:30 about whether babies keep people poor, I think Reproduction is just a different economy all together that should not be equated with money. If you invest properly in kids, then your benefits are that you may generate a wealth that can keep you comfortable all the days of your life on earth. It's like planting trees that take 10 to 20 yrs to grow just to get the benefits. Also consider the joy, satisfaction and legacy that is attached in having kids. Having kids will cost you just the same as putting in investment capital over time expecting a certain value after a certain period of time.
you are right. i have personally tried forex trding. if you are doing it yourself lke i was, you can make 100k in a day and the vice versa is absof*ckinglutely very possible
At around 15-17 minutes, I would like to comment. In trading, a small amount of money alone isn't sufficient; you need a broker to interact with the market. The broker provides leverage on your capital, enabling you to trade. For example, leverage ratios like 1:500, 1:1000, or 1:3000 mean that if you have $10, the broker multiplies your funds according to the leverage you choose. What generates profit in trading is the lot size and the number of pips that the market moves, not exactly how Dr. King'ori described it.
Stomzy thank you for your time and sharing your Ideas/views on trading, however I feel your making trading look so so hard....I wonder how this interview will motivate an aspiring trader honestly.... A beginner there in mathare.....feels like the interview was being addressed to the high income earners in Kenya only and possible to them..... you've made trading look impossible and very hard....Your well versed but the approach you have into trading and how you explain,is complicated.
Hey Harun. My apologies if I made it look difficult. However I was just sharing my thoughts on a subject that I’m quite concerned about since the agenda is quite popular. Not saying that it’s impossible to be a successful day trader but the amount of odds stacked against you is extremely tough. If it was an easy undertaking almost everyone would do it. I’d say learn what you can and what works for you go for it. I’m a long term view kind of guy so it’s investing and holding forever.
They have a lot of similarities, but they're different in that stocks have inherent value, meaning that there's actually a company creating real life value behind the stock whereas forex is speculation on price movement of fiat currency pairs
@@mwendwamusau Couldn't have said it better. Betting on fiat is a hard ask for anyone who doesn't have in-depth market information with a bias towards policies that shape currency fluctuations. The small pip changes are owned by algos. I'm yet to see someone beat that regularly.
KES 4,000 based on the USD FX rate then, it was equivalent to USD 200. Assuming they saved what you stated KES 500/month= USD 25 then over the 33 years (1991 -2024) the investment would be USD 77,233.2. This is before factoring in inflation. In the 90s inflation was through the roof e.g. in 1991- 20%, 1992- 27%, 1993-45%, 1994-20% (Goldenberg era) from 1997-2012 an average of 10%, then from 2012 on average single digit trending from 5% to 9%. Inflation can wipe out investments easily. One has to be extremely wise. If you are 40 now and hope to retire when 65. Assuming your monthly bills now are KES 150,000, you will need KES 600,000 if not more then to sustain the same lifestyle as now.
Am a trader and loses are part of the game if you trade with 100% winrate it will crush you ,,you shouldn't have given up i lost mutiple times during my first months bt i decided to learn first and understand the market today its my full time job
Some things he gets wrong here. The financial markets don't run on the forces of demand and supply, so there's no such horseshit as a tug-of-war between buyers and sellers. They're absolutely manipulated algorithmically. For example, just take a look at what happens during red folder news events like CPI, FOMC, NFP...or in a classic SHTF scenario where a major bank collapses or a new pandemic is declared. See what happens on lower timeframes that high-frequency trading algorithms also book orders on? Also, he explains the whole concept of leverage inadequately. Strictly speaking, it's never a loan. Just some sort of performance bond to allow you to control a larger position. No new money is ever created in these markets, remember.
Victor you contradict yourself slightly here. What is a bond anyway if not a debt instrument? Fact is you’re 100% right that it’s humans(retail investors and traders) vs computers. I thought I mentioned that. When it comes to demand and supply i firmly support that case because what is a market if it isn’t demanded by these forces? That would be something totally different. The algos you speak of work on the same principle because the game has its rules. Quick question for you, when you’re also purchasing or selling assets, are you not acting on the same principles as well? The concept of leverage spoken here was watered down for any lay to get to understand how it works. But you have a better grasp of the basics so let’s work with yours then.
35:22 POINT OF CORRECTION: In Trading, IF you're using Margins/Leverage/Borrowed Funds, The House/Platform Always LIQUIDATES Your Position if Your Loss is equivalent to your cash. i.e If You have 1000KES, and use 10x leverage, You will be given an extra 9000KES to make a total of 10,000KES. IF Your Loss nears 1000KES, e.g 990KES loss, Your position will be Liquidated/Sold off at MARKET Price in order for the HOUSE/PLATFORM/LENDER to recover their 9000KES along with the small lending fee.
the long game needs a full proof plan cause there is no guarantee that you being 40 will get to see the return on your investment at 70. You need a realistic plan that can help build wealth quick and easy.
Forex is real but many people dont have the strategy. People have also lost in stocks it all boils down to what's your strength. Imagine buying stock at 25 so that you can sell when you are 75 yes LOL.
Absolutely. It's a personal decision and strategy. There's truly no investment philosophy that can be universal to everyone. We each have our own risk appetite and goals for the money so if Forex makes sense for someone and you have the strategy, by all means go out there and crush the market.
So when i did my calculations, the future value of your monthly investment of $150 for 30 years, with an annual return of 10%, would be approximately $341,899. Assuming after adjusting for 3% inflation every 10 years, the inflation-adjusted value would be around $312,886.
Lemme help Stormzy understand that "To make money you've to take a risk, to keep money that's when you don't take a risk" if you play safe you won't generate generational type of wealth. Risk=Rich...
@@kamahuha Having a working strategy, a solid plan, luck and enough experience regardless you're losing or winning as long as you are risking with what you can afford to loose is way better. Imagine playing it too safe + for too long then one day you wake up and the market crashed and you lost alot/all of all your money. Stock market is too volatile. Day trading by confluencing technical, fundamental and sentimental analysis increase chances of winning streaks thus more returns on initial capital.
You can put a trail stop order on your day trading. That means you won’t loose much money while trading and the stop loss follows the chart up. The speaker is knowledgeable but seems like he gave up too soon. I day trade and average 5 percent a day. Easy money.
23:50 😂Nimeona Bwana King'ori ameskuma kitabu na akasema 'Let's talk right now..." nikajua it's about to go down(Kevin Hart's voice)😂😂 Note taking and calculations aside, now let's "chemsha ubongo".
Ideally forever. But 30 should be your minimum to help you retire for example but in the long run you want to win in the game by letting compounding do it's magic for you. At the end of the day it's always based on your needs and risk appetite.
It's not really "insider information" per se. It's just seeing where the money's going. He's definitely talking about the Chicago mercantile exchange. Insider information is like getting infor that Apple is about to launch an affordable version of the iPhone. At that point nobody knows, so you get to purchase a ton of shares before this news comes out
Am good at investing with hand on deck in USA stock market. Only facing challenge in finding clients. Barrier of entry in this sector,most Kenyans don't comprehend I really do need help in this
Not all. 2types of brokers A book and B book brokers. A book brokers when you trade if you buy they sell, meaning you win they loose and vice versa. They have huge spreads also. No commission for them. B book brokers they put your order directly on the market. They charge commissions and low spreads. Learn before Earn
Thanks for catching that. I keep mixing up the two. Appreciate you catching me on a BS moment. All the same, Principles is a great book by Ray and one that I'd recommend to anyone checking out his work.
Goldman reserves portfolio management to VP's and exec's, not even senior associates level alone junior's. But yeah, VP's do manage portfolios of $10m on average.
@thelifeofstomzyshow @thelifeofstomzyshow hey man! I'm a developer and I have this idea of building a tool for investment analysis, just like portfolio analyser (check the website) for people to set their investment goals and even plan for their retirement. But in this case it will be for east african stocks and bonds. I'm looking for a marketing partner who will connect with people.
@@mose26 Mose I beg to differ, I work with Goldman on a day to day basis and I can tell you for a fact junior traders fresh off school on their trading desk portfolios get started with $10M. Execs and VPs handle M&As, IPOs etc. I’m yet to see VPs handle trading desk work when they’re bigger fish to fry
@@kelvinmurimi8185 Interesting point. Isn't it absurd how some careers still have outdated incomes vis-a-vis the times we live in. Yet folks are expected to make due and live.
@@thelifeofstomzyshow like the 4000, guy in 1971, maybe if that time 4000 was a the price of the skill he provided to his employer (salary) It would be illogical for him to sell his skill for 4000 today. If 4000 in 1971, is 100,000 today, then I believe his salary must have increased. If not, he died of poverty and our analysis doesn't matter. In other news, I tried Etoro, it said that it is not available in our region.
@@kelvinmurimi8185 if it doesn't in a long period. You cannot survive. If a doctor was paid 5000 in 1970, show me any doctor you will pay that money today.
You're highly mistaken Jamal.Leverage is the use of borrowed money (called capital) to invest in a currency, stock, or security. That's straight from Investopedia.
1 usd in 1991 was 25 kenyan shillings. Therefore she would have been investing $20 instead of $3 in the example. Can someone recalculate in the comments please and we see how much she would have had in 30 years?
@@NDUNGUDAVIDICTstudentfollow up question. So in an instance where The Fed makes an announcement to hike or cut rates, the algorithms decide which side the market moves because of time and price. If so then would you accurately predict which side a market Brent Crude will go at 7:00PM EAT when the price is for example $70 a barrel?
All of these guys say the business world is bad there is no return on investment others say the stock market is bad and other say we save for 30 years or compound till we get old for retirement whaaaat !!!!!!!!!!
Wadau,
Many thanks for the kind feedback and constructive engagement on this episode. Here the link Stomzy mentioned 👇🏾
etoro.tw/4dNqEpo.
Our next episode iko na probably the most unique strategy ever used in real estate investment in Kenya. Coming up kesho, Monday 14th October 2024. Asanteni tena sana pia for the continued support 🫡
Dr. King’ori
@@TheWickedEditionDrKingori Wazi wazi bro keep serving them 🔥🔥🔥. Next tuletee Chairman wa Nabo capital
Yes! Great interview,but for the sake of those who r contemplating on his content don’t agree fastly , give us time to digest😂😂
@@TheWickedEditionDrKingori king'ori as much as we love this informative episode we also want the traditional wicked edition, yenye ulikua unachambua what has happened to our country that week....
Social media handles zake bro?
Allow me to applaud you kingori for ur research skills!!👏🏼👏🏼👏🏼
The really wealthy people, understand the eighth wonder of the world, COMPOUNDING....
A game of discipline, consistency and patience....
It gets to a certain threshold, and it works like a BEAST....
100%. Compounding with the law of large numbers is like pulling a rabbit out of a hat.
Tell us the threshold
@@ichooseviolence2532 9 years my G, so start now.
Unfortunately this is just but a good quote.
@@jameswanjohi2454 Do your research and see why the baby boomers in America live from what they invested early in life. They have so much money in their old age that they won't finish it by the time they die...
The big dawgs like Black rock and vanguard thrive on this principle...
the price will take the stairs while going up, but when its coming down it will use the lift... very relatable
I know right 😂
deja vu
Waoh .. this conversation is great. Building wealth is not for the lazy or dreamers. Most of us stopped learning after graduating. You have to fall in love with learning, be disciplined, consistent and patient. Thanks for this.
I love how kingori!! Table the reality of investment's and being logical thinking!! Without following the philosophy of the so called investors 😅 kudos my G
As an investor in foreign markets (not day trader), this is the most solid advice out there
I encourage all listeners to consider the views shared here as someone's personal opinion and experience rather than gospel truth. Take them into consideration, explore further, and build your own understanding to guide your decisions and actions. Ignorance is more expensive than you realize.
Trading is just a technical science that is not for everyone.
King’ori usually asks questions from a practical pov! I am very invested. Was waiting for this episode.
Thanks for taking the time to watch this Lilian. I hope I was of value to you.
Asante sana for this kind comment, Lilian. 🙏
Clarity on a complex issue & made simple too.Kingori you never let us down on your choice of guests.Very grateful about your guest's information too
Glad I was of good service to you!
This is high praise, Charity. Asante sana for the feedback, and for sparing your time to watch our contenr🙏
Great insights. You need to tag the clueless CMA and NSE chiefs for them to learn a good one from this edition.
Kind of speakers we want!!!!!!!!!!!!!!!!!!!!
Happy to share more!
real, value... atuletee mascientist wa Africa pia... ma founders pia
Let me help Stomzy, I think what he meant was that when you put 200k in a brokerage firm you select the leverage it can be 1:1,10:1 or 100:1. Taking the example of 100:1 the brokerage firm would put you in a position where you can have high profits of the supposed 20 million but due to to the high leverage any fluctuation in price that sees a loss its your 200k thats on the line. So trading will stop when you lose 200k and thats your 200k so the brokerage firm hasnt lost any money.
When the market goes against you on a trade you have leveraged, when the size of loss amounts to your entire personal capital, the trade closes so that all your capital is swallowed. The "house/brokerage" money that you borrowed doesn't get lost...the trade closes before and only you lose when all your money is used up in the loss.
On the flip side, when you close on a profitable trade with such a high leverage, your gains are outsized compared to your actual trading capital.
Day trading requires a trading system/philosophy that eliminates your greed and fear, so you let your winners ride and cut your losses early so you can live to keep playing the game.
100% correct Martin. That's the downside of leveraging. If used in a situation where you have odds stacked in your favor, you're for sure going to come out on top albeit you need to have a reliable source before the "herd" catches wind then you can exit a position. Personally, I have never been a fan of leveraging because I truly don't understand it 100%. If you have some pointers that would be great too.
@@mwendwamusau These are the exact rules that kinda set folks up to fail fast and also to get hooked. It's akin to betting on a gaming table or something of the same fashion. What do you think?
@@thelifeofstomzyshow like I said in another comment, if you don't invest in a high demand, high value, it will be hard to even get started.
Professional day trading is a skill like any other that you can get good at and make considerable cash from as you improve your craft and your trading system. I have experienced both humbling lessons and remarkable and consistent results in it for 2 years, but like everything else that is worth striving for, it doesn't get easier, you only get better. Plus to do this professionally, you need capital, whether yours or someone else's.
And to be clear, day trading is NOT 🚫 investing. Investing is slow, methodical and boring...over a long period of time.
What makes it a frustrating endeavour is having too little to invest...even when you've done your best to plan where every shilling goes. Hence my initial comments to solve an income problem...invest in skills that increase your value in the marketplace. You are your best bet.
you are right. i have personally tried forex trding. if you are doing it yourself lke i was, you can make 100k in a day and the vice versa is absof*ckinglutely very possible
After you mentioning him in Edwin's interview, I really looked forward to this.
Asante sana for following up🥂
@@TheWickedEditionDrKingori You can also consider bringing a person who have the idea of Network Marketing and how it works because it's complicated ju inakaanga tu scam 😅😅 I'm a big fan of your show and always like the flow of the conversation ❤
Thanks for this.....have been waiting for such an episode
Thanks for waiting on it. I hope I was of clause to you here.
Amazing interview with great insight
Naskia kulia. Coz i have thought all options including doing cash crops, living within my means etc. Inflation is alwys on my neck.
I still hope for the best
Usiwai tense, Zacharia. We will get to the bottom of the system on this platform.
@@TheWickedEditionDrKingori 🙏🏿
Hugs bro we are all here all of us
Great knowledge from Stomzy. But he is wrong when he says nobody can day trade consistently.
It's true. I have been trading for 3.5 Yrs now. With time you only get better. But still there are minimal losses.
Great feedback Kingsolver, however I didn't say nobody. I said 9/10 folks will lose money consistently. If you look at past 10-K filings from Goldman Sachs, they even had losing days but compared to 300 or so days, it was 5 - 10. That's huge. I'd like to find out from you if you have information or if you also day trade and make money consistently at such a clip. If so, that's amazing and hats off to you.
@@GlobalisVisio That makes you part of the small successful club of 1/10'ers. Kudos to you!
@@thelifeofstomzyshow Noted Stomzy. Yes I am a day trader for 2 yrs now.
I agree with you on this. Long timeframe is the deal. Most day traders end in losses. I have tried it@@thelifeofstomzyshow
Was waiting for this episode!!
Do you know what 'Tech bro' means! I clicked this because I saw the thumbnail saying 'How tech bros make money' and I thought the guy is a software engineer☹☹
I think he's a devops engineer
Hahaha that's what brought me here too
@@kingjames5202😂 really?!
I think so😂
Smaeeeee😂😂😂 ...youtube is sometimes a scam😂😂😂
Ray Dalio is the founder of Bridgewater Associates, Blackrock's founder is Larry Fink among other co-founders
Am good at investing with hand on deck in USA stock market.
Only facing challenge in finding clients. Barrier of entry in this sector,most Kenyans don't comprehend
I really do need help in this
yep
He said Ray was the owner of BlackRock 💀
Hadi mimi nimeshangaa rada😂
I've read books and listened to some of the best financial experts and I've realized i just become more lonely every single day I investigate finance 😢😢.
Money is a very complex topic and is mostly revolved around personal philosophy..
There's no method that's 100% guaranteed to make you money.
Quite true. It’s always a personal preference towards an investment philosophy. There’s nothing truly like a one size fits all approach. I wish you all the best in your journey.
@@thelifeofstomzyshow thank you
Please read "the psychology of money" it will help you appreciate your theory, and it is true money is not fixed but keeps changing in different sectors.
such a smart interview about stocks
Majority of the ultra wealthy have their wealth tied up in stock, Real estate and other assets. Their values have grown exponentially, add that with the loophole of avoiding taxes especially capital gains, you have the gap between the rich and the poor widening everyday. Thanks for this episode, though late, helps a lot.
Hapo kwa compounding, for it to work sacrifice to have a higher percentage from your salary e.g if u pay zakayo 30% why on earth would pay yourself 20%? Secondly before your chose to invest you start by having a target n that determines the amount to invest. Thirdly for good results in compounding start with large sums n you can reduce your contributions as you go
Good luck, newbies, in understanding this...hii iko verry Technical
😂😂😂😂 what an amateur trader.
Thanks for the feedback. In a future episode we'll try to water it down. Too much jargon adds no value imho.
Knowledge is the solution
Naah, lemmi take my time and appreciate the production side of the channel. It has been excellent lately especially with skin tone and lighting. There might be a bit of sharpness/texture on the skin but everything is on A level
Ideally the broker is supposed to make money out of the spread or commisions when you are trading. When you loose money it goes to the market (i.e for STP/ECN non dealing brokers) for dealing desk brokers, your statement could be right. In some cases even the STP/ECN brokers will hedge traders positions inhouse since they know majority of retail traders loose money. You have to be smart and disciplined to make money in trading. Would love to be a guest on this show to share my experience. Good episode though!
Quick question for you @aleksmurithi1458. WHO is the market in your opinion? Would love to know. When we talk about someone wiping out their position, who determines the other side of the coin i.e. the winner?
@@thelifeofstomzyshow the market involves different financial players. In this case retail traders, hedge funds & liquidity providers aka the market makers. Every trade you take as a retail trader, lets assume a buy, there is someone else taking an opposite side which is a sell. Now these buys and sells are facilitated by the broker but passed on to a large pool of trades which is offered by the liquidity providers. It is this liquidity that faciliatates the demand and supply, hence the price movement.
@@thelifeofstomzyshowsomeone must lose money for others to gain it.
Am good at investing with hand on deck in USA stock market.
Only facing challenge in finding clients. Barrier of entry in this sector,most Kenyans don't comprehend
I really do need help in this
Indices are the way🎉 27:15
Hello, I am trying to learn indices and I could appreciate guidance.
Cost effective and passive. Best way to make yourself some good money without any active labor and you get to own the best performing companies
36:51 How do you go back to something that has eating a fortune from you as a campus student?
The ANSWER IS "GRIT"
Good now please bring founders of various companies in Africa. Would recommend this podcast too: The Diary of a CEO by Steven Bartlett.
Please work on the audio
Best way is to Practice with Fractional Shares for a start, grow then move to the Big Table with Like $50,000
100% agree with you MoneyWeaver. Fractional shares have been a game changer for folks starting out to get exposure and have their money work for them.
Which platform for fractional shares?
Please share
Until people open their eyes and realize fx is a knowledge investment that takes 4yrs of data collection,psychology strategy engineering and personal change to make money ….they will ALWAYS say trading doesnt work coz walishindwa kujishinda wao wenyewe
Absolutely, well put!! I have experience in this, it is the real deal!!
Correct! Once you get the skill you can make money consistently even as a day trader.
Kingori, that ka last statement that the link will be down at the description is always a scam😅. But i appreciate the knowledge, thanks for always enlightening us
But why not promote others😢
Ray Dalio's story is very insightful.
Lemme help you with the leverage explanation. 200k lev 20m then open a position, you win the leverage becomes a multiplier, if you lose the loss starts with your principal up to may be 90% of it before you get a margin call. The house always wins 😅 hope it makes sense
Guys, lets remember that the Speaker was very clear, Stock and ETF investing is AMONG the investment vehicles you can use.
Most importantly that Stocks and etfs is a compounding game.
If this doesn't work for you there are sooooo many other avenues in the Global Financial Markets
Also, nothing is a guarantee.
I mean, so of you guys went to school for decades, and still the job is NOT available, but you still gambled😅
Hapo kwa leverage, if you put in 200k and open a 20 million position, once you loose 80% OF your original position you get stopped out. That is to say if you loose 180k your postion gets closed and you are left with 20k in your acc that how the brokerage protects themselves
True. The leverage is a double edged sword. It also amplifies your loss the same way it does to your profit.
That’s why you are advised to think long term where you can wait for it to go back up to make your profit. Study the market and avoid buying when the prices are high.
if you just invest in index fund you will make money i think ive heard warren buffet say that
I Samuel will prove mwendwa wrong about "Day trading is wasting time" part
It’s not if you have good strategies and minimize Tamaa. I know traders who trade options for 15-30 min and get out having made their kill.
Come dimistfy all this
I just say this its good to jave a family you can manage otherwise you will make money but die very sad person with no one to share your wealth with.
Standard Chartered bank can help you invest in offshore assets be it bonds,shares etc...,
They sure can. Make sure you check their fees and all associated costs to weigh their options
The only app that I know that one can buy offshore shares, ETFs etc is Interactive brokers.
To All the young people, i hope you heard...Compound Interest
What do you think of the Ndovu investment platform? Coz they have the S&P 500 coz I am a beginner
@johnkush920 as beginner, we have what is called Fractional Shares...you are to start small then grow to a better capital that you can now invest in Whole Shares
@@johnkush920 Compound interest and 30 year period yet Stomzy is young and making money come on !!!!!
@@johnkush920waiting for this response
At 1:21:30 about whether babies keep people poor, I think Reproduction is just a different economy all together that should not be equated with money. If you invest properly in kids, then your benefits are that you may generate a wealth that can keep you comfortable all the days of your life on earth. It's like planting trees that take 10 to 20 yrs to grow just to get the benefits.
Also consider the joy, satisfaction and legacy that is attached in having kids.
Having kids will cost you just the same as putting in investment capital over time expecting a certain value after a certain period of time.
For Beginners, Leverage NEEDS TO BE WELL UNDERSTOOD before you touch it, otherwise you BURN!
you are right. i have personally tried forex trding. if you are doing it yourself lke i was, you can make 100k in a day and the vice versa is absof*ckinglutely very possible
Doctor King'ori wants to move his life in a small way. He does not need to move the market. Move your life bwana😂
kings you need to bring onboard (ken,tarus lawi and caleb )one of the gigantic kenyan traders and founders of financial hub..
pia rafus kamau,
At around 15-17 minutes, I would like to comment. In trading, a small amount of money alone isn't sufficient; you need a broker to interact with the market. The broker provides leverage on your capital, enabling you to trade. For example, leverage ratios like 1:500, 1:1000, or 1:3000 mean that if you have $10, the broker multiplies your funds according to the leverage you choose. What generates profit in trading is the lot size and the number of pips that the market moves, not exactly how Dr. King'ori described it.
Nikujie lessons wapi
Leo me ndo wakwanza tebu mlike
Stomzy thank you for your time and sharing your Ideas/views on trading, however I feel your making trading look so so hard....I wonder how this interview will motivate an aspiring trader honestly.... A beginner there in mathare.....feels like the interview was being addressed to the high income earners in Kenya only and possible to them..... you've made trading look impossible and very hard....Your well versed but the approach you have into trading and how you explain,is complicated.
it is hard. only 5% of traders make money
Hey Harun. My apologies if I made it look difficult. However I was just sharing my thoughts on a subject that I’m quite concerned about since the agenda is quite popular. Not saying that it’s impossible to be a successful day trader but the amount of odds stacked against you is extremely tough. If it was an easy undertaking almost everyone would do it. I’d say learn what you can and what works for you go for it. I’m a long term view kind of guy so it’s investing and holding forever.
@@thelifeofstomzyshowDo you mind giving lesssons to amateurs.. kindly
Tech bro's we meet here
Thanks very informative!
God’s Own, thank you for the kind feedback🙏
forex and stock are the same. Experience and strategy matter to make profit.
They have a lot of similarities, but they're different in that stocks have inherent value, meaning that there's actually a company creating real life value behind the stock whereas forex is speculation on price movement of fiat currency pairs
@@mwendwamusau Couldn't have said it better. Betting on fiat is a hard ask for anyone who doesn't have in-depth market information with a bias towards policies that shape currency fluctuations. The small pip changes are owned by algos. I'm yet to see someone beat that regularly.
Well said😊@@mwendwamusau
KES 4,000 based on the USD FX rate then, it was equivalent to USD 200. Assuming they saved what you stated KES 500/month= USD 25 then over the 33 years (1991 -2024) the investment would be USD 77,233.2. This is before factoring in inflation. In the 90s inflation was through the roof e.g. in 1991- 20%, 1992- 27%, 1993-45%, 1994-20% (Goldenberg era) from 1997-2012 an average of 10%, then from 2012 on average single digit trending from 5% to 9%. Inflation can wipe out investments easily. One has to be extremely wise. If you are 40 now and hope to retire when 65. Assuming your monthly bills now are KES 150,000, you will need KES 600,000 if not more then to sustain the same lifestyle as now.
Nilichoma 12k during my first day of trading in 2012, that also happened to be my last day
😂😂
Tough lesson apo Harrison. Inaitwa kulipia tuition fees. Pole sana
Am a trader and loses are part of the game if you trade with 100% winrate it will crush you ,,you shouldn't have given up i lost mutiple times during my first months bt i decided to learn first and understand the market today its my full time job
Ungebuy kabitcoin utulie
🤣😆🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣
Some things he gets wrong here. The financial markets don't run on the forces of demand and supply, so there's no such horseshit as a tug-of-war between buyers and sellers. They're absolutely manipulated algorithmically. For example, just take a look at what happens during red folder news events like CPI, FOMC, NFP...or in a classic SHTF scenario where a major bank collapses or a new pandemic is declared. See what happens on lower timeframes that high-frequency trading algorithms also book orders on? Also, he explains the whole concept of leverage inadequately. Strictly speaking, it's never a loan. Just some sort of performance bond to allow you to control a larger position. No new money is ever created in these markets, remember.
Victor you contradict yourself slightly here. What is a bond anyway if not a debt instrument? Fact is you’re 100% right that it’s humans(retail investors and traders) vs computers. I thought I mentioned that. When it comes to demand and supply i firmly support that case because what is a market if it isn’t demanded by these forces? That would be something totally different. The algos you speak of work on the same principle because the game has its rules. Quick question for you, when you’re also purchasing or selling assets, are you not acting on the same principles as well?
The concept of leverage spoken here was watered down for any lay to get to understand how it works. But you have a better grasp of the basics so let’s work with yours then.
35:22 POINT OF CORRECTION: In Trading, IF you're using Margins/Leverage/Borrowed Funds, The House/Platform Always LIQUIDATES Your Position if Your Loss is equivalent to your cash.
i.e If You have 1000KES, and use 10x leverage, You will be given an extra 9000KES to make a total of 10,000KES.
IF Your Loss nears 1000KES, e.g 990KES loss, Your position will be Liquidated/Sold off at MARKET Price in order for the HOUSE/PLATFORM/LENDER to recover their 9000KES along with the small lending fee.
Increase volume to your videos.
Day trading works well... have one pair and trade your plan with realistic targets. Knowing when not to trade is key in day trading
the long game needs a full proof plan cause there is no guarantee that you being 40 will get to see the return on your investment at 70. You need a realistic plan that can help build wealth quick and easy.
Forex is real but many people dont have the strategy. People have also lost in stocks it all boils down to what's your strength. Imagine buying stock at 25 so that you can sell when you are 75 yes LOL.
Absolutely. It's a personal decision and strategy. There's truly no investment philosophy that can be universal to everyone. We each have our own risk appetite and goals for the money so if Forex makes sense for someone and you have the strategy, by all means go out there and crush the market.
You'll probably never make money 😂😂😂 and will live being poor
That is if one decides to compound ............... izi statistics zao hazimake sense
So when i did my calculations, the future value of your monthly investment of $150 for 30 years, with an annual return of 10%, would be approximately $341,899.
Assuming after adjusting for 3% inflation every 10 years, the inflation-adjusted value would be around $312,886.
Lemme help Stormzy understand that "To make money you've to take a risk, to keep money that's when you don't take a risk" if you play safe you won't generate generational type of wealth. Risk=Rich...
Totally dangerous way of thinking.
@@kamahuha Having a working strategy, a solid plan, luck and enough experience regardless you're losing or winning as long as you are risking with what you can afford to loose is way better. Imagine playing it too safe + for too long then one day you wake up and the market crashed and you lost alot/all of all your money. Stock market is too volatile. Day trading by confluencing technical, fundamental and sentimental analysis increase chances of winning streaks thus more returns on initial capital.
Thats a nice topic but ive been wondering have you come across someone called Kajuju the great
@@tobbiechels3641 who Iz that?
You can put a trail stop order on your day trading. That means you won’t loose much money while trading and the stop loss follows the chart up. The speaker is knowledgeable but seems like he gave up too soon. I day trade and average 5 percent a day. Easy money.
That was eloquently nothing
LMAO.
Fellas yiu should reas about the turtle traders, richard d wyckoff, Jesse Livermore and the likes
My only advice to your viewers is that they should invest in trading knowledge.
7:35 "A bull market inamaanisha theres no money, business is low" 😂😂😂 Dr. King'ori Chill😂
Bullish and bearish he means
Point of correction: Warren Buffett started buying $AAPL stock in 2016, not in 2005 as he previously stated.
Great catch. In the heat of the moment I blurbed a non-existent fact. Too many dates and years to remember. My bad. 🤦♂
" a platform for example the one that I used" which one?
23:50
😂Nimeona Bwana King'ori ameskuma kitabu na akasema 'Let's talk right now..." nikajua it's about to go down(Kevin Hart's voice)😂😂
Note taking and calculations aside, now let's "chemsha ubongo".
You Stormzy,
Have you got any insights on crypto?
What’s up Adrian. I really don’t have much info on crypto assets. I don’t own any.
I like this guy already how can I reach him
So according to this expert the only way to invest is to let money sit untouched for 30 years ?
Ideally forever. But 30 should be your minimum to help you retire for example but in the long run you want to win in the game by letting compounding do it's magic for you. At the end of the day it's always based on your needs and risk appetite.
Great info but He is wrong when he says you cannot make money consistently day trading
You got any data to back up your fact Peter? I'd like to educate myself even further.
He made it clear, you need info
does he mention the platform that he uses
I use Etoro
was the show about Tech or Forex?😅
King tumia microphone achana na lappele bwana. Sisi hatuna shida na noise kidogo, we want the voice...
@Stormzy Which platform do you use to get insider information.
It's not really "insider information" per se. It's just seeing where the money's going. He's definitely talking about the Chicago mercantile exchange. Insider information is like getting infor that Apple is about to launch an affordable version of the iPhone. At that point nobody knows, so you get to purchase a ton of shares before this news comes out
Am good at investing with hand on deck in USA stock market.
Only facing challenge in finding clients. Barrier of entry in this sector,most Kenyans don't comprehend
I really do need help in this
I don't think the gentleman has traded before. Brokers make commissions when you lose or profit.
Not all.
2types of brokers A book and B book brokers.
A book brokers when you trade if you buy they sell, meaning you win they loose and vice versa. They have huge spreads also. No commission for them.
B book brokers they put your order directly on the market. They charge commissions and low spreads.
Learn before Earn
6:35 Ray dalio isn't the founder of blackrock. Its bridgewaters..anyways...continue
Thanks for catching that. I keep mixing up the two. Appreciate you catching me on a BS moment. All the same, Principles is a great book by Ray and one that I'd recommend to anyone checking out his work.
Twitter isn't publicly traded as well, Elon took it private when he bought it.
Goldman reserves portfolio management to VP's and exec's, not even senior associates level alone junior's. But yeah, VP's do manage portfolios of $10m on average.
@thelifeofstomzyshow @thelifeofstomzyshow hey man! I'm a developer and I have this idea of building a tool for investment analysis, just like portfolio analyser (check the website) for people to set their investment goals and even plan for their retirement. But in this case it will be for east african stocks and bonds. I'm looking for a marketing partner who will connect with people.
@@mose26 Mose I beg to differ, I work with Goldman on a day to day basis and I can tell you for a fact junior traders fresh off school on their trading desk portfolios get started with $10M. Execs and VPs handle M&As, IPOs etc. I’m yet to see VPs handle trading desk work when they’re bigger fish to fry
On the inflation argument. Kingori, kuna kitu unasahau. The income itaongezeka according to inflation too. So installment zake ataincrease
Income doesn't necessarily increase with rising inflation.
Correct! Commensurate to inflation. Punch ya leo haina purchasing power kama punch ya 1991.
@@kelvinmurimi8185 Interesting point. Isn't it absurd how some careers still have outdated incomes vis-a-vis the times we live in. Yet folks are expected to make due and live.
@@thelifeofstomzyshow like the 4000, guy in 1971, maybe if that time 4000 was a the price of the skill he provided to his employer (salary)
It would be illogical for him to sell his skill for 4000 today. If 4000 in 1971, is 100,000 today, then I believe his salary must have increased. If not, he died of poverty and our analysis doesn't matter. In other news, I tried Etoro, it said that it is not available in our region.
@@kelvinmurimi8185 if it doesn't in a long period. You cannot survive. If a doctor was paid 5000 in 1970, show me any doctor you will pay that money today.
Watu wa stocks waachane na daytrading😅😅
That is why traders should look into prop firms and tell them to reduce leverage. Play the long game and target 10-15%. Ama vipi Stormzy
What you are saying is not what moves the market bro. However, you know something
Come on board
its not moving the market, it moving my life 😂😂
😂😂
For a guy thats been trading for 10yrs, some mistakes sound amateurish!! Leverage=Liquidation Price
You're highly mistaken Jamal.Leverage is the use of borrowed money (called capital) to invest in a currency, stock, or security. That's straight from Investopedia.
Good vybz, but sound 😢
@kingori 2m for a 2000 teacher is enough for buying a plot and setting a poultry farm.
1 usd in 1991 was 25 kenyan shillings. Therefore she would have been investing $20 instead of $3 in the example. Can someone recalculate in the comments please and we see how much she would have had in 30 years?
Kenyan Prince want's us to believe you can buy houses and cars with a single trade
This guy is nice but the day trading thing will work and it is proven to work it's just that the principles are different.
people still think markets move due to buying and selling pressure?
Honest question? What moves markets in your own opinion and experience?
@@thelifeofstomzyshow Algorithm is what drives the Financial markets, and it is based on Time and Price.
@@NDUNGUDAVIDICTstudent ICT would laugh out loud to this guy
@@edmwangi6959 Manze , actually is logical, Nothing is Random.
@@NDUNGUDAVIDICTstudentfollow up question. So in an instance where The Fed makes an announcement to hike or cut rates, the algorithms decide which side the market moves because of time and price. If so then would you accurately predict which side a market Brent Crude will go at 7:00PM EAT when the price is for example $70 a barrel?
The audio needs a little improvement.
36:22 "who's going to be the eater"
All of these guys say the business world is bad there is no return on investment others say the stock market is bad and other say we save for 30 years or compound till we get old for retirement whaaaat !!!!!!!!!!
It’s not bad. There’s always opportunity. However it depends on your strategy and investment philosophy.
what happened to sound ??