Insane 1 AM 16K Q & A Part 7: Bitcoin Revisited? Movie Props? Lego Bionicle? Original Comic Art?
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- เผยแพร่เมื่อ 27 ส.ค. 2024
- Recorded at 1 AM EST in true Reserved Investments fashion. Welcome back to Reserved Investments! This is part seven of my 16K Q & A series, which means there is only one more video left for the entire 16K Q & A series (part eight will be the finale).
Interesting fact: I think I almost sneeze at 5 minutes in on this video...sorry... ;)
Pro Tip (anyone remember the video game magazine Game Pro? Yeah, I miss Game Pro, so we are going with Pro Tip here...): Note that the first 15 minutes of the video covers Bitcoin - if you don't want to watch this, start the video right around the 16 minute mark! You will also magically avoid any very slight mention of politics and all controversy contained in this one crazy video.
Email for Antique/Collectible Consulting Services: ReservedInvestments@gmail.com
Patreon: / reservedinvestments
Disclaimer: Videos are not intended to provide investment advice of any kind.
Remember, I am just a figment of your imagination, kind of like Max Headroom...
No Blue Snaggletooth was harmed in the filming of this video, I promise, as he is still in AFA 85 condition...
Yes, more content is coming soon, so please quite asking. I'm doing my best, honest...
My dad ruined his finances by listening to peter schiff and over 12 years ago sold his entire 401k and bought gold, now thinks everything is a scam instead of admitting he was wrong
I’m so sorry…
Yeah Schiff couldn't have been more wrong.
If your dad had sold everything and bought bitcoin... I"m sure he could have been 100M+
This is the longest Q and A series ever in youtube history! And im here for every episode!
Oh bless you. lol.
lol so true! And same here
Facts😂💯
This dude is constantly dropping nuggets of gold.... Hope you all are listening.
The people who need to actually hear and ruminate on this message are so far down the proverbial rabbit hole, it will do no good whatsoever.
@@ReservedInvestments Sadly you're probably right. I've been trying to spread your message and encourage other "Poké Investors" to watch these videos with very little success. I guess sometimes people have to fail before they'll learn.
I always see you on all my favourite channels mfdoom. 😂
@@monkey39128 great minds think alike 🤘🏻🤘🏻🤘🏻
Love your rants. Thank you for injecting reason and sensibility to the internet.
Reserved investments, plain bagel, and prof g podcast stay on the constant rotation.
Prof G is awesome! I read a lot of his books!
Please make this a 47+ part series. I always look forward to your Q&A videos!😂🙏
One more part should finalize it...lol. I think...
Always sensible advice! Thanks for continuing to bring your energy and sharing your knowledge with us. Appreciate your approach.
The year is 2027, we are on part 97 of our 16k subscriber Q & A series. Even though we are up to 30k subscribers now there are still questions that need answering. All jokes aside love the videos always a highlight to my week, thanks for everything you do for the community!
I honestly think I could have stretched this out to 2028 to be quite honest...lol. ;)
LOL!!
@Thelad: 😂I was thinking the same!
We're edging close to 17k subscribers (well done, Shawn). Could be time for a 17k Q&A. 😃
Love these Q&A videos! Great to listen to while driving.
excellent video :) thank you for the gems you continue to drop on us
That Blue Snaggletooth is screaming for a new style Archival case from AFA before it becomes a Green Snaggletooth!
I 100% agree that most people today would rather have a big key issue comic than an original panel of a comic. Especially young to middle aged people.
Feed the algorithm
Thank you, as my Q & A's are generally not my most popular videos. People either love them or hate them. It's about 50/50 split.
Another great, insightful video. Thank you. And kudos to you on the extended Q & A - sheer staying power at work! 👍
thank you very much
Recent subscriber here visiting from the mineral collecting world. While you don’t speak specifically about mineral collecting, I really appreciate how well many of the concepts you discuss on this channel translate to mineral collecting. I’ve sold a six figure amount of minerals in the last year or so and it has been fascinating to learn this niche of the collectibles trade. Thanks for the great content, looking forward to more!
The mineral market is a very niche market. I could possibly do a video on it in the near future...
Thanks for another awesome video Shawn 🙌🏻🙌🏻
Always hidden treasure’s found in your words of wisdom 😎😎🤟🤟
Looking forward to the video on comic book artwork. Not just a high barrier of entry to get into but extremely high risk also.
Good stuff as always. "Blockchain technology" is nothing but a networked ledger set to write-only. That's it. And cryptocurrency is like if somebody took greater fool theory and minted it.
A bit simplified. The real “value” is that it is decentralized. I do agree there are many buzzwords when it comes to crypto. I hold some speculatively and have used it for purchases.
Thanks for your efforts Shawn. Takeaways from this video, or reinforcement to previous videos, the appreciation for “speculative” investments, “investments” without a backing cash flow, the difference between nostalgia and historical significance, and items that perform well due to “fear & greed”. Looking forward to the next video.✌️
Reserved Investments, You're amazing! Let's be friends and hang out!
I watch You Tube videos in double-speed. Makes your 'insane 1am' rants double-insanity! 😀
Touching distance from 17k subscribers, Shawn! Well done. 👍
Looking forward to the 17k Q & A. 😉
Ramsey's advice for getting out of debt is good.....once again....for getting OUT of debt.
Oooh, can't wait
Great video!
W video
I realize you may not want to list specifics, but could talk more about ETFs? Like what specific ETFs like VOO, SPY, VTI, QQQ, SCHD, JEPI, JEPQ, etc and what percentage of one's portfolio should be in it?
It depends on your asset allocation, risk tolerance, long term goals, and age.
@@ReservedInvestments I'd love to see you list it out and break this down in a video. Go age by age with different goals and various lifestyle objectives. Dividend income vs growth ideally as one ages.
Grew up in lego bionicle era and have some good memories from it, but defo not as nostalgic as star wars or other themes!
I think the reason you have pressure, because you advocate for all assets. All but... bitcoin...
5% bitcoin aounds good.
Have you done a video on animation cels? The market prices seem to have exploded. Cels are fragile and degrade badly when not stored correctly, but the market seems to be strong for them.
There is a ton of them out there. Niche market overall.
I never classified concerns of fiat currency strength as being an alt right stance.
The overt fear of financial collapse as a result of fiat currency, is very much rooted in part of right wing ideology. That should not denote that ONLY the right wing is concerned. I should have expanded on a lot of the points made, but I already spent almost half the video talking about speculative assets and Bitcoin in general. I also do not like discussing overt politics simply because it does nothing but fuel discourse and drama, especially online.
@@ReservedInvestments I see and agree with all points
The Plain Bagel is a wonderful finance youtube show. People should try The Money Guy(s) show as well.
As my professional personal finance agrees, if "fiat currency" collapses, gold and silver might be helpful, but a large supply of lead will be more practical.
I also like The Financial Diet. That's another good channel.
Hmmm I don't think Disney stock has been a very good investment over the last 3 or so years. It peaked at around 194 dollars in March 2021 and today it's around 112 dollars. If you take into account inflation that's even worse, it's essentially lost almost half it's value in about 3 years. Depends when you bought of course. I don't see any upside to Disney at the present time (not financial advice just my opinion), It was just revealed that Disney lost over 300 million on the last Indiana Jones movie making it one the biggest Box Office bombs in Disney history. Oddly the movie did OK Box office but the budget and marketing were stupid high. Perhaps Bob Iger has a plan to get expenditures under control that I'm not aware of. This wasn't the only movie they lost hundreds of millions on. If he can get costs under control then certainly Disney will do well since they own many popular IP's. Bit of a gamble IMO but you do you😄. (again not financial advice, don't take investment advice from some comment on TH-cam)
Can you show me where in this video I said Disney stock was a good investment or are you just stating this in general?
@@ReservedInvestments 🤣🤣
People are already forgetting about everything that happened with Disney. It was just a political charade that failed. Dumb Americans have short term memory. Disney will be fine.
what knowledge did you put inside that blue holocron behind you...?
That's a strict Illuminati secret... ;)
video on militaria collecting?
Possibly…
Is the current Pokemon card hype cycle already at its peak? What are some signs to look for when trying to sell into the hype?
Technically the USA dollar isn’t backed by anything either: it’s in line with crypto
Who is investing in the US dollar? Stocks are ownership of a business/corporation. This is another incorrect statement made by crypto-investors and gold-bugs that has no meaning to anyone educated in finance. Again, no one is investing and holding US dollars as an investment.
@@ReservedInvestments To be fair you can only cash out those stocks into USD or another country's currency if you're buying from that market directly. So you are indirectly banking on the USD not losing its strength/value when it comes time to cash out.
@@ReservedInvestments You indirectly are investing into the currency that the stock trades with. You are hoping that the currency that you bought the stock with and will eventually cash out in into holds its value or increases in value.
Since my comment keeps getting deleted. @Reservedinvestments you are buying and later selling a stock with one nation's currency. If you buy a stock on the US stock exchange, you will pay USD and you will be paid out in USD. You are indirectly investing in the USD, as when it comes time to cash out your stock, you are hoping that the currency has at least maintained its value (with inflation) or increased.
It's backed by the government and everything that comes with it. Ok, I accept that's not great nowadays but I'd rather that than backed by no one.
Also, while you're point about indirectly investing in the dollar is interesting I'm still not sure it works. People hold Bitcoin hoping it will go up, very few people are directly investing into the dollar, hoping it goes up.
The thing is if you buy a farm then yes you are hoping to make dollars but it also produces something. If the dollar collapses you'd still have milk, eggs, livestock, land etc whereas if Bitcoin collapsed you'd have nothing.
Just imagine the kid who recieved the Part 4 hero mask from Ted White himself😂
Some Cryptos do have a chance to generate cash flow, by earning interest, or by ‘staking’.
Thanks for another great video! 🙏
It is based on speculation and demand, not actual cash flows....
What a stupid thing to say the generate no cash flow just speculation
But the speculative assets, have literally no function.
By this logic, you would treat USD as a "speculative asset".
I don't invest in dollars. This is a misconception. Because the value of stocks and index funds is measured in dollars, does not mean you are investing in dollars.
@@ReservedInvestments No what I'm saying is you are very clear that speculative assets have (in most cases) no underlying function or use.
But bitcoin is a currency, it's function is similar to other currency. It's not a "speculative asset" from your own definitions and the SEC agrees with this too. It's not a security.
I simply see bitcoin as parking value, in a currency that is less bad than USD. Could you imagine someone hoarding zimbabwe dollars? You'd say USD is a smarter hoard. And bitcoin is smarter than USD (or gold).
@@aussieexpat Bitcoin is an inefficient currency at best. It is not energy efficient and let's be honest, no one is buying to use it as a currency. You are being misled.
@@ReservedInvestments I use it as a currency.... I"m actually seeing most watch dealers accepting crypto payments now to tie the topic back into tangible asset investments.
Energy, how much energy do you think the whole banking industry consume? And more importantly, how many people have to support it, it's a waste of human effort. Is this really your argument against bitcoin, energy use?
The Magic of BTC is this. 1. It is finite. 2. It is portable. Means you can go on vacation and dont have to obsess someone will break in and steal your Gold or Action Figures. BTC doesnt cash flow but you can borrow against it. In time BTC CD products will roll out too. So it will cash flow.
You live in dream world kid 😂😂 I hope your not buying btc at all time highs
😂
Uh, no one can break in and steal my S & P 500 index fund and it’s directly rooted in cash flows.
Maybe not now but what about when there's no more coins left to incentivise the miners? Who will keep the system safe? It's unclear whether transaction fees will be enough.
Speaking of cults, I deeply offended my neighbor, making the mistake of assuming majority of people have similar political views. Would love to hear your thoughts on woke culture and its affect on classic lore. I understand the diversity initiative, but sometimes this agenda comes with indifference or lack of respect to established plot lines and characters, resulting in befuddled mediocrity. Response was "sometimes you need to change with the times". I look at Disney, Marvel and think.. these seem like dark times when we are force fed uninteresting check the box characters whose main adversary is obstacles to convey.. the message! Anyways, just My 2 cents.
Honest answer and no disrespect should be implied: Disney's problems have nothing to do with the fake Fox News use of the term 'woke' (whatever that means). Disney's mistake is simply trying to make movies, television shows, and characters that appeal to everyone at the expense of everyone.At the end of the day however, Disney will succeed. The planned takeover to oust the current CEO and change the direction of the company failed miserably. I am a shareholder in Disney directly, and I voted to stay the course and allow current management to do their thing. Disney will find their way, they are not going anywhere any time soon. The way some of the right-wing media talk, they act like the company is headed towards bankruptcy. Look at how much free cash Disney is sitting on. They can easily buy up several more LucasFilms without breaking a sweat and still have money left over. They are a powerhouse...
@@ReservedInvestments As long as they stay creatively bankrupt they will continue to have difficulties. Not to mention the switch in the parks towards targeting richer individuals at the expense of the average family. I was a Disney shareholder for a long time. But, as each Disney trip resulted with worse and worse guest experiences and park quality, as well as declining quality of their media I couldn't support it. Disney has been on the brink before, I wouldn't rule out them getting to that again. I hope that some people will come along like Michael Eisner and Frank Wells did to right the course of the company.
@DeltaFH "Appeal to everyone" and "creatively bankrupt" seems spot on with disney's current agenda. Appreciate the feedback. I have similar thoughts about Fake MSN and CNN, but in the end we all have similar passions albeit unique point of views 😁
Depends on the character. There are things like James Bond and Doctor who that are well suited to trying out different races and genders. (Not that I'm defending how naff recent Doctor Who has been but that's mainly bad writing). Wasn't a fan when Magic The Gathering race swapped Aragorn but then most of the black people I know weren't pleased either so not sure who they were trying to please with that one. I'd imagine it'd be the same if it was the other way around. Can't imagine many white Star Wars fans being too happy if Mace Windu was suddenly white. Also depends on the medium. For some reason it feels like it works much better in theatre, not sure why.
@@tubernery But let me guess Fox News and NewsMax are factual? You are opposite here. I have said this before, I really wish America would segregate an area devoted to strict conservative/libertarian values to anyone who chooses this lifestyle. You would quickly see how misleading the right wing media is.
I know it's not your gig but what is your view on Luxury watch investing ?
I own a Rolex, so actually this is my gig. The market was overheated and corrected and further corrections are needed. Don't try to invest in modern era luxury goods that are marketed via mass produced scarcity. Rolex(s) overall are a horrible investment, unless like me, you managed you get a used one back in the 1990's/early 2000's.
Stay away from lyxury watches until the market crashes even then highly unlikely you will make money from watches tbh most will never rise in price enough to make real money
Making 2k on a watch won’t make you rich
Where did alt right come into this? And yeah, historically, usd goes to zero. Its called inflation.
Liked your comments on movie props, original comic art, Pokemon, LEGO, etc. I look forward to seeing more videos on various antiques and collectibles. Should probably dial back on the gold, crypto and political talk. There's enough people on both sides trying to either praise to the sky or drag through the mud gold, crypto or various political issues. I personally think those are your weakest areas. Some things are out of date, now Mark Cuban seems to be pushing crypto instead of attacking it. I do not like crypto or Mark Cuban, so it really doesn't matter to me. But, that's the extra effort you have to put in when referencing individuals is that their opinions change and contradict over time. I won't reopen the gold debate with you. Gold has a lot of positives, especially depending on what country you are in. Not all currencies are as stable or persist forever. People should stay away from the various gold sellers that are pumped by a lot of TH-camrs though. They charge significantly higher prices over what the real prices are, making it impossible to ever make or even maintain value.
The statement by Mark Cuban regarding Bitcoin is 100% factual and he just repeated it during another interview last week. He is not pro-Bitcoin.
@@ReservedInvestments Source? Just curious as with a few searches I was only able to find him talking about the halving. He switches his opinion on crypto quite a bit. So, he's still not the best or most consistent critic.
Nothing wrong with having a little bit of gold, it's the guys who think it's going to save them from the apocalypse that drive me nuts. 😂
@DeltaFH I agree about the topics and dialing them back, but Shawn is probably upset at folks like us ("cutting him up in the comments as he likes to phrase it") asking him to simply stick to the topics he's strong at. There are so many channels out there that discuss those other topics and not something I come here for. Then again if you scroll down he's just as tone deaf to what many folks have issues with what Disney is doing.
@@nintendogal9143 But it's a Q&A. He hasn't specifically picked these topics out, he's just answering questions.
If you look at the US dollar since the inception of the Fed, it's crashed something like 96% (depending on your source)... so it's already pretty much at zero. But it happens so slowly, over generations, that people don't notice. I understand that you have reservations about BTC, but in the same way that people felt unsure about the internet... this is because it's all new stuff, new technology. If you wanna hold BTC, you have to understand and believe in the adoption curve. Many decades later, can you imagine a world without the internet? Respect 🙌
The comparisons are not the same. A more accurate comparison is Bitcoin = America Online, not the internet as a whole. That’s a major misconception of Bitcoin enthusiasts.
@@ReservedInvestments TH-cam keeps deleting my comments so I hope you received my follow up. I respectfully disagree. AOL was a company. It had a CEO who was responsible for profits. BTC has no business metrics. It's more appropriate to compare it to a fax machine. A fax machine by itself is useless. But, a 100k fax machines spread across the world becomes a powerful communication network. All that is required is the adoption to create the network effect.
@@ReservedInvestments Dang... TH-cam is so oppressive. It keeps deleting my responses. Well... since TH-cam wont let me respond, I guess you're on your own. I'm starting to hate this platform! Let me know if you received my 2 replies...
@@goldeneastgun Dude, I am not deleting your responses. As stated in the video, I could care less about debating in the comments section of my videos or others. The only comments I send to spam are the actual scammers.
Here's my view on bitcoin.......FTX......need I say more?
I wish you'd just state what your feelings are on Bitcoin.
You must be new. Most viewers already know my thoughts on Bitcoin and it’s not positive. It’s like buying AOL in 1993.
@ReservedInvestments you gotta be kidding me man. I expected one of your viewers to miss the joke. Not you!
No, I got it. Just trolling you back. 😳😉😂
My sarcasm doesn’t across well in the comments section, does it? lol.
@@ReservedInvestments touché. Lol
A notch lower than original comic art, that is QUITE nichey.....(If that's a word) is original comic STRIP art. Unless it's a Hal Foster Prince Valiant or Charles Schulz "Peanuts", it's an okay investment..but the market for STRIP art, is kind of dying. Very focused and only certain artists get the BIG bucks. Usually, only older collectors like the strip art.... Like anything, if you want to own a piece BECAUSE you like it.....fine...but I wouldn't rest my retirement on it.
I don't trade Bitcoin for monetary purposes I traded for the freedom to use monetary purposes....
If an area runs out of liquidity like Argentina, people won't want Bitcoin
Call me a Timmy, but Bitcoin has by far been my best investment over the past 10 years.
But as the market cap increases and it becomes more widely adopted, the returns will be diminishing and the volatility will stabilize. I think this will be one of the last bull runs for substantial returns, so I still have a small amount invested. I also like being able to pay for things and pay independent contractors in Bitcoin. Just make sure to keep it on a cold storage device.
I don't dispute that at all. However, if we go back to 1995, people would be saying the same thing about Beanie Babies. That's the point I am making...there are no underlying assets or cash flows. This is why an S & P 500 index fund works differently than Bitcoin. It's supposed to be that way...
@@ReservedInvestments I cant transfer Beanie Babies to Japan in 5 seconds.
Hello Shawn, don't you think that the black economy, which thrives particularly online, needs Bitcoin? I'm not discussing the ethics but just the case use of the cryptocurrency
Do you mean the black market economy? Bitcoin is used to facilitate illegal activity. Bitcoin should be regulated.
You should talk about people who try to get rich off of day trading stock options on the s&p 500 lol I was one of those fools and I feel like there needs to be more awareness.. 3 years and no profit
Day traders always lose. Buy and hold and forget about it or do nothing when it comes to the S & P.
@@ReservedInvestments thank you
If Bitcoin is not different than Gold and Silver, I agree with you. If you loose money in Krypto it is mostly because you are stupid, if you loose money in Bitcoin, you sold at the wrong time and so your are stupid again. If you don't know the difference between Bitcoin and Altcoins, you know not enough and when you invest with not enough knowledge, you are stupid again.
Bitcoin is clearly better than most if not all other coins but that's really not saying much.