Sign Idaho Banking Living Will Free

Industry sign banking idaho living will free

right i think we might be on um i am not 100 sure but we shall have to find out in just a second when this thing turns on so uh this is my second live stream just one day one working day the weekends are off uh and we're gonna be talking about the markets we're gonna be talking about a few different things i'm gonna be answering a few questions as well so make sure you send them through um thank you very much to anyone joining hopefully there'll be a few different questions post so we can get this going um just just so that people kind of are aware i'm going to be doing a big live stream on wednesday so in two days time when i'm going to be talking about the budget i'm going to be talking about a lot of different things happening um in the uk economy in general i'm going to be providing some commentary on it and hopefully they'll provide some value to people watching hopefully there's just going to be a bit of explanation of maybe what some of the things are for people who maybe don't watch these things too often and just generally it's going to be a bit of fun because i've noticed that in the uk there's very little in the way of this kind of commentary and very little in the way of people actually talking about these things sure you can go and watch the live feed from parliament or watch the bbc but i just thought it'd be a little bit more entertaining for anyone who wants to watch along with me so so so that's why i'm doing that so if you are around make sure you go and sign up make sure you go and uh click the bell to get notifications because otherwise you might miss it hello to some early people hello julian hello miles hello thomas um we have a question already oh hello goldie that was that was a while ago would really like to hear your thoughts on an ndm uh if you have any currently down after some hype so my thoughts on i don't have many thoughts if i'm honest um i'm not currently in there are some reasons and generally speaking i don't really i don't i know that some of the things that i invest in are probably kind of the at the popular end of the stock market spectrum if you like but i probably don't go quite as far as some other people and i i i've got my own things i'm going to be talking a lot more in upcoming weeks and upcoming days about how i actually pick my stocks how i do valuations with a lot of depth and a lot of specifics as i promised that work is on the way i am actually the moment trying a few different things if you notice i'm trying to do lives i'm trying to actually engage a bit more with people hello leonard um i'm trying to do um try to put stuff out quicker so that i can put more content that addresses slightly different things you notice today this is my fourth video that i managed to do today which for me is incredibly incredible because just three weeks ago uh three videos a week was kind of difficult and it took me quite a while so here we go uh i am trying to give it a go and we're gonna we're gonna see how it goes so first off um let's cover the obvious stuff at the beginning that i kind of started this stream for and excuse me i'm gonna try some new tech here because the last feed was just me and now we're going to try to do some screens and all that kind of good stuff so let's see what happens oh look at that look at that so here we have um a little bounce back 2.35 percent on the s p 500 i just opened them i've got tesla is up 5 which is pretty nice amd dropped a lot for me over the last few days kind of disproportionately i think only up one percent so far but i think that's probably going to keep going a bit hi excuse me i don't have preps like good trading window and proper screen stuff like that i just really quickly i finished something five minutes ago and i just opened up a few tabs we will get better at this we will get better trading screens and things that aren't google for watching these things in the future bitcoin is back up as well one interesting thing is you can go and look up my etoro portfolio and it looks like the biggest fail you've ever seen in your life because on that bitcoin portfolio i actually put money in primarily into tesla and then into bitcoin roughly around the time when i was talking about those on my videos which was sort of roughly just before this collapse happened over here it was like around here or something uh for bitcoin and the same sort of thing for tesla so i'm laid down a lot on both of them at the moment which which i actually had a few people comment saying uh man i love you torah portfolio you suck which i found quite entertaining um yeah so i'm gonna try doing a bit more of the screen and screen thing at some point trying to figure out how all this works all right so let's see if anyone has any questions we don't have anything at the moment if you post a lot of videos a day youtube won't send all notifications yeah i'm aware of that um i'm also aware that i've tried a few different tactics here and over the last few weeks i've i've intentionally been doing some testing it might seem like i'm doing random stuff but there's actually a method to the madness believe it or not i've been trying to put out one video every three days at the beginning then i tried to up it to say like one every day for a few days consecutively then i began doing two a day and it was a week when i began putting out like three when i could and i really struggled so i did two on a monday and a wednesday at three and i tried to still do quite a few on the other days and i found that all the videos that i put out when i put out more actually do better which is bizarre because everyone tells you that you should not do this with youtube everyone says no you know like you need to give it two days so that each video has a time to mature and so that people can like you know watch it your audience and then you can jump to the next one but i'm actually finding the exact opposite is true because i'm trying to do my very best to not sacrifice quality too much sure i don't have as many cuts in these videos you probably noticed like i i you know say the wrong thing a bit more i do some uh less kind of pictures and videos inserted and all that kind of stuff but that doesn't really matter too much uh for me i'm getting a lot of errors again so if anybody uh out there has any issues it's something to do with the connection but hopefully hopefully it's all working okay um so i'm going to try to produce as much as i can so long as i feel there's value in it i'm not going to do videos just for the sake of making videos i'm just trying to do something where i am able to you know talk about topics that i find useful that i find interesting i find are important for people to know some of these i produce a video and i know that nobody will watch it because it's something boring it's not like breaking news or something like that um but but like today i made a video about um the fca where i think like it's a really important topic which is there's a bunch of stuff happening out there where you naturally go and say hang on how come there isn't even a statement how can like maybe something is happening behind the scenes but i think it's somewhat disconcerting when you have a situation like this when there isn't a like regulator stepping in to at least say something to kind of give people the confidence that somebody out there is looking out for the best interests of the customer and yeah so sometimes kind of putting out these kind of videos now where far fewer people watch them but i i find them interesting anyway uh i also have the second channel that i have to put videos out on so uh right this there's a few people joining uh thank you very much for joining uh who who oh there's a lot of people here are any of these questions um question about lisa is 25 extra added immediately meaning it can buy 5 000 worth of stocks investing 4k my understanding is that it won't be immediate there's some processing that happens in between the time that it takes would depend in my understanding and some very limited experience i don't really have a lisa at the moment um it depends on the platform and exactly how they have a setup and how the process works um i'm pretty sure it's not immediate with most of them uh i don't know i i haven't used i haven't used most of them if i'm completely honest so i don't know i've got tether a post price of 65. nice somebody's going to be a billionaire what do i think of uh well there's a lot of talk about there um out there about new companies all the time and there's a question here about lucid uh i guess under a different android name that just merged and there's a lot of people talking about it um or announce the merger in any case i'm generally not a fan of really high valuation companies who have never ever produced a product who have never produced a service to their customer who have never produced a product that they've sold and have no real like immediate plans to do so it's always at some point in the future um nicola was a really good example of exactly this uh some time ago i actually made a video that i've since taken down simply because it was getting like 0.0 percent click-through rate because it was very topical at the time but it is no longer topical where i talked about a company where you know like they talk really big things and it's all exciting and they have a fancy ceo by the way with a british accent just to make it sound a bit more possible in the us but when you're constantly talking about oh some point in the future maybe like i'm not a big fan because there's a lot of hype about some of these companies and in many cases it doesn't go anywhere many moons ago actually way before any of this there was a company called karma fisk fisker i think and they had the karma fiscal car and that was at that point probably looking like a more prospective company than maybe even tesla in terms of where they might go with electric cars and that didn't work out very well and it's very similar like very sort of lots of positive media and like look at this thing it looks amazing but until companies actually begin proving their worth in actually doing what they say they will be doing i like to kind of hold fire a little bit uh that's just my personal opinion on these things um what do we have here uh what do i think of the s p 500 does it still say bet given it's now comprised of more tech companies i think it's an even safer bet the reason why i'm a big fan of like i actually have some money in the nasdaq 100 as well for this reason because it's over indexes if you like on tech companies um and sap 100 is indexed enough anyway but the reason i'm a big fan is because these tech companies serve the entire world you look at like what runs stuff now if you take a big step back what runs the world in terms of the systems architecture you know like on google cloud on amazon web services on microsoft preserve in terms of like what email everyone uses what search engine everyone uses what all the different platforms social media it all sits there and so for as long as that continues and more of these companies begin entering sp500 i'm all game this is basically sort of like a centralized hub for where like marketing happens globally for where users eyeballs are etc so so on the on the overall i'm pretty i'm pretty happy i have a lot of my own money in the s p 500 as well built in tesla this week so we we have a bounce back we have a bounce back of five percent again excuse my extremely poor ability to manage all the tech over here i'm gonna have to figure out how to do it better but we have screen uh there we go uh here so tesla's up 5.6 percent as it stands and that's obviously i think like a minor fluctuation given that it is actually down considerably more than that net still versus their position in the high 800s uh i think i bought a bunch of it as an example on etoro where i did like the actual introductory video and i bought a load of it at 875. it's still there at 8.75 so it's still quite a way down from that but i will be talking about that later this week possibly next week about how i do valuations and i'll be talking about tesla in one video specifically my view is that regardless of which one of those two prices it is i would buy in anyway um so so i i'm not too concerned on that front all right let's jump back let's jump back in my face how to do this boom right some more questions a straight into one two is not allowing customers and etoro seems to be the next best thing but it's not allowed isa and free trade charges three pound a month does this mean i have no options to tell me what to me three pounds a month if you take away trade into one two as a like concept imagine it didn't exist the free trade three pounds a month is still miles ahead of any of the alternatives in terms of pricing in terms of what they do in terms of what they uh off of the product so i would definitely still say that i think like it's easy when you like when you get too used to everything being free like strange one two then you go oh man the three pounds a month is like punitive how dare they charge me money but it's easy to forget it's like people get so used to it it's easy to forget how good even the number two proposition is versus the rest which is miles away so so in my mind it is unclear as to what's happening with 212 they said that they had technical issues i made a video about it and i got a lot of contact from trading someone two they sent me lots of emails um i went on their forum uh to communicate with them as they asked and they were very strongly saying that all my questions stop breaking questions asking were completely untrue but yet we are more than a month since when that whole thing started and their latest response i checked earlier today was still no update so my view on this is it's questionable right you would question where why a major investing platform like that would go and pause for more than a month on new accounts because i get that their argument is that there's a step change in tech platforms but usually you don't have that long of a pause in order to implement a change like that maybe i'm completely not well i am not completely completely not aware of what they're actually doing so this is just uh ramblings of a random guy on the internet i feel like the microphone gain is a tattoo high is anyone else feeling that it's too loud what have we got how do i you one second let's have a look now it's not it's it's getting close but it's not going over so just turn your volume down it's not actually breaking i'm not going over the threshold so it shouldn't be peaking at your end so it's going i think it's okay i think it's okay maybe maybe we'll just reduce it a tiny bit a tiny bit reduce the volume okay so what what other questions have we got while we're here talking um what i think this the week ahead looks like for the tech market i i didn't really know about the week ahead i it's fun it's fun to watch it's fun to commentate it's fun to kind of like talk about maybe the whys and stuff like that but i'm not really i'm not really personally too concerned i'm hoping that it goes begins climbing back up it looks like we've had a correction based on what's happened and it looks like we're now having this post bounce back correction this is the same i got a lot of questions from people saying hey but why aren't you setting why wouldn't you sell and wait and then buy back in and today is exactly the reason why because um on at the risk of going slightly off tangent today is sort of the reason why oh got the wrong screen here here we go um if i sold and was waiting and i was sitting there waiting for the price to drop even further i might have missed the six percent day to day and i would have been essentially six percent down if i had to buy in then at the higher price that's the reason why i don't play these short term games because i have no idea when these things are going to be going up and down i don't really want to know so um let's go back on my face right let's look at some more questions for the lisa does the bonus also earn stocks growth or is it just yes uh the entire amount can be invested or put into a savings account equivalent and the entire five thousand pounds w ll then be well up to five thousand pounds will be earning the money um what are my views on uh specs in general so i'm quite wary i have previously gone early on companies when i saw a big opportunity but i only really do it where i really know the company really really well i know maybe some of the people at the business i followed them from way before they got there but generally speaking i try to kind of steer clear from the very very early stage stuff in anything that i don't understand to a degree where i could genuinely model and feel happy about the model of what i think the valuation of the company should be really because it's very little to actually go on at that point um so so that's why people on the left side of cash flow quadrant pay uh everything for right side when wealth will move to richmond people somebody's been reading a lot of uh robert kiyosaki um strange one two is uh we've done that one all right let's go down let's go down i feel i'm so far behind on this these questions will train 22 come back online for newcast i have zero idea um i kind of asked the question and got very rude responses because of uh you know my previous history or with the guys i i really like trading 202 as a platform but um this just seems really odd to me and when posting tracking funds through platforms like vanguard in regards to getting the best price such uh when there are corrections are ets better than index funds uh to get the good price in the in the uk like if it doesn't directly stuff you're gonna be buying the two are the same so for example if you're buying the s p 500 the way you're going to be buying it is by an etf like a vanguard uh there's four different ones that are main ones and then other types as well or an ishares one they are all etfs so it's kind of the same thing really if you're investing in an index like that um and and the prices on them are really really low so if you're talking about the main say s p 500 for example because i talk about them a lot um the prices about the ishares ones and the um uh vanguard ones are 0.7 um on the fund and if you buy them it's actually cheaper to buy i mentioned this in life uh last time we talked uh it's actually cheaper to buy them if you buy them off vanguard because vanguard charges the platform fee as well whereas say trade into one two or free trade do not and you can buy the exact same 0.07 fund on there anyway i got no uh let's let's see do you still use free trade yes i still use free trade um and i'm using free trade more uh i use i use beachbody trading 2 and etoro that's the three platforms that i currently use because well i've talked about it enough alexander spelt in a sort of russian way would you give a tip on some books to read that are about finance investment um i made a video about books that i wouldn't i wouldn't read the one that i have recommended to a few people in the comments it's not really specifically about finance or investment it's about just thinking straight about you know the world of work and the world of money and i i it's a 30-minute read and it's called who moved my cheese i absolutely love that book so i would highly recommend everyone go and read it like five times preferably over at least over a few years um do julie asks do you have any hobbies outside the financial world tell us a bit about the sash of the person so yeah so one of my biggest hobbies i don't do it very often for obvious reasons is road trips and i actually have that that's the primary reason why my biggest website that i have in terms of my blog is one that talks about road trips i i love this stuff i've driven a crazy amount left i've driven all over the united states uh all over many many different road trips and and love i love going on really random road trips like i was a recent one a reason when i went on was um idaho wyoming and montana and i love that um i've done all over europe i've driven from london to like moscow and saint petersburg and other parts of eastern europe and i remember my wife and i went on a scenic road trip to kosovo so so we do fun fun things like that uh from time to time although now that we have a family they're probably going to be slightly different kinds of road trips but uh that's my big one i also do like i've been doing more this sounds really old and boring but my my i've owned a house for a long this house for a long time and i've been so neglecting the outside so i've been doing a lot of work on fixing some of the outside and gardening that's kind of that's kind of pretty much it i i like cars i like cars i um have a jeep uh that i really like and generally i mean intercourse called cars a little bit that kind of goes with the road trip theme what have we got what oh there's so much oh my god there's too many people asking questions uh i got nice deals on coal shares of friday but nine they're already going up today despite scandal links and trading i think uh because so many shares was discounted last week that probably is why everything's going up regardless of what the news is meet sasha yeah yeah um making too many videos thank you best buy at the moment a lot of people buying yeah i've already answered that i think to a degree i i'm not in also uh we'll take these days you can just switch things up sasha can you make a video about good books yes i just answered that question from somebody else have you heard of exo uk if so what are your thoughts on the execution only platform uh no what is it i should probably look it up i might have heard of whatever it is they do but no i that doesn't ring a bell what do you think of um ada and krypto in general i think uh spark point is a lot of potential i i don't really play crypto other than bitcoin there's a lot of reasons for it um i i just don't um um because of adoption because of actual use i i'm i'm not really uh interested in the others for now um being a learning curve would you buy or sell certain types of stocks is g cash like i'm not sure i'm not sure what the question is there sorry but let's see a vid on the workplace pension options of damage i'm going to be doing some more videos on pensions for sure um tim tsmc has not bounced yeah i i don't understand why everyone is so negative like these are the guys that are literally manufacturing everything for apple everything for like amd uh i think it is in they're manufacturing like tons of stuff for loads of all the biggest brand names out there and they're building huge new processes and huge new factories this is like the foundry of the world's electronics it's like that old um point of people make you know like if everyone's mining for gold you want to invest in the company at the foot of the mountain that sells on the gold picks this is the in my mind the best example so i'm i'm holding for a long time with these guys for as long as they keep doing it sure there's some other people like samsung are doing some stuff there's some other people there's some guys in netherlands doing some cool things but uh yeah i'm holding that for a while be waiting three weeks free trade to verify the details for an iso is this normal it is not normal i haven't heard of people being delayed that much i know they have a lot of people joining as all other trading platforms are etoro really increased their minimum deposit from 200 to a thousand dollars for the same sort of reason but i haven't heard of that maybe you should get in touch with them um or what we've got who yeah spencer johnson uh who moved my cheese that's the one as a uk non-resident is it totally a new option i want to invest in manga the truth is there's probably other options but i live in the uk i'm aware of what's happening in uk i also i'm sort of aware of stuff in the u.s partly because they used to live there for a little bit and just generally like that's the the big market but i don't really know about many other countries there might be local options that might be good free trade is about or sort of working to expand into some european countries before potentially expanding further as well but etoro is the one that is very broadly available around the world it's kind of unique in that it's available in the us and all these other countries normally people are either available in the us or the other countries because of the legal jurisdiction issues and stuff like that but yeah as far as i know they are the one that is very broadly available um what happens if platform goes down for an investor and how uh they can retain their investment do they transfer in other platforms so i'm not sure what that question is if it's a short-term downtime nothing happens your funds and investment in cash just stay in if the platform goes completely then that's when the fscs process kicks in and then those people are going to be uh getting the money out for you on your behalf and then sending it to you but it's not in in the vast majority of cases that i'm aware of they're not going to be doing any kind of share transfers any complicated you're going to get the cash value uh whatever they can get and likelihood is they're going to be this is a government agency they're not going to be doing anything like that um did you wash your plants today no i did not uh i am not that much into gardening i'm just doing stuff because the the outside has been neglected what do you think about uk buy to let properties investment yeah i'm considering it myself um i think it's one which is really interesting i'm only really interested in genuine bite to let though rather than some of those sort of you know reits or other types of things like that and obviously you need a lot of cash and in my opinion you should only go and put that much cash up if you have a lot of other cash invested in other asset classes so you're not 100 exposed to just the property market so i'm not quite there yet myself i i i've invested in property but only the one i live in at the moment so i generally think it's probably it's probably definitely something i want to get into uh coming soon could the political situation be china and taiwan impacted smc i don't i don't really necessarily see it it's been kind of the same for a one time i noticed a few people in world health organization who said or didn't say things but in the grand scheme of things i don't think anything much is changing on that front um of course i don't know tomorrow something major could happen in flare up but i'm not i'm not particularly concerned uh myself um what's your view in living an e-nomad last lifestyle live in a cheap country and work remotely well so this is something that i've i've thought about before um but it's not really for me and there's a few different reasons for that one is i actually like living in a country which has a lot of facilities where i speak the language of the country i can communicate with everyone properly um where you know like there's all the benefits of a highly developed economy there's uh all the benefits of highly developed culture you can go and i don't know enjoy nice things in the evenings there's just a million good reasons why i prefer to live in a place like for example the uk there's also like family reasons uh there's also you know proximity to broader family and other kind of kinds of things and i like nice weather and i like you know looking at nice things and stuff like that but i'm quite happy doing that on you know holiday and i'm hopefully going to be able to in the future just go on enough holidays to satisfy that element of of me i don't really need to live there i actually prefer to just relax and really take it in rather than have that all on my doorstep but be putting out four youtube videos a day and not really having the time to enjoy it so so uh you know this is just a personal preference and i'm sure most people will disagree question what do you do for a living a good question in the process of switching from uh doing my consulting business to doing content of which youtube is a big part of the moment go and check out my second channel called the sashi ancient story i literally talk about this on that channel like how i'm building this online business and there's a lot of information on there although there's still not that many videos but there's going to be a lot more videos on there it um is big as kathy wood says it is yes and no on that question to me i am i'm kind of in two minds i really love the company and what they do and how they do it they're extremely advanced in the world of processing data in terms of structuring data mining et cetera analytics i i i actually know some people who work in that company and they're in they hire unbelievably smart people way way smarter than i am but there's a downside which is there are sort of like very replaceable service based company where um it i don't know in the short term i think they're gonna do pretty well but i'm not 100 confident that that kind of company would necessarily thrive over 10 20 50 years because it's like the same as with consulting firms and law firms as times change and other people come on board et cetera like if that service quality reduces then some people can out muscle they don't have a like billions and billions of dollars worth reason for people to necessarily stick with them for a long time so i kind of feel like there's just a little bit of risk in my mind on that on that front um tsmc have been running at 100 capacity for ages the plan is so expensive they see us to bring online so increased demand will take a long time to trickle foods profits yeah uh yeah i think like the amount they're investing right now in terms of building the new plants and things like that and the ridiculously tiny processes i just can't see how we've we've been running on 100 capacity with the world being out of spare chips for like about seven months now and these are the guys who are the biggest producer of chips in the world so and yeah even this week there's been news of like tesla and other people um stopping production and they're being short on chips like i don't there's a reason why i made a video on boring stocks um what companies are manufacturing chips for amd and such a lot of different people there's a big chain process the company that we were discussing earlier that sort of produces a lot of stuff for a lot of people and actually the same like amd and video those kind of guys actually have different people producing different parts of their line um typically but the company we're talking about was tsmc um i i lived and worked from uh from co-founder to samui in thailand all right great better internet than europe and cheaper cast house in the beach 500 a month yeah as i said it's just for everyone has their own preferences and their own like ways of ordering what things are important to them great i think most people will probably quite like that uh it's just like that's just not really for me um re platform going on i thought the shares are held in clients names would they be liquidated or just transferred to another platform like they um yes they they are technically so so the question is if liquidated that could mean the big capital gains tax hit there is there's a few different things on it i think this question is it's quite big um one is um they are held technically in your name it's not the same as you literally owning them they are held in your name they have to be held at a separate much more secure kind of place than the actual stock broker themselves and there's certain protections about access to them but and this is a really important part because a lot of people think well that automatically means 100 protection and that just isn't the case because although they are held securely in that way whenever you're going to make trades whenever you go and do anything with their shares the software that links to those shares is able to go and access them for the purpose of completing on those trades for you and it's one of those because all of this is so new like we've so used to having big established platforms been around for absolutely forever like vanguard um we haven't had this situation where a lot of new firms potentially who don't have the same level of robustness in their systems as we are seeing with what's been happeni g over the last few days and weeks who perhaps don't have the same level of robustness maybe because they're so new and maybe they haven't got as much establishment in their processes you know in terms of the way that people have access to things and i i don't know what you know some rogue employee or some rogue process or some unforeseen like unexpected issue could do but it's not 100 guaranteed that your shares could disappear if there was some malfunction as well that's why we have a protection process in the uk where the government can step in and essentially go and uh find where those funds or where those shares are but yeah it is still the protection level is still very very high for sure um any opinion the cyber security stocks has just crashed right no not much opinion i personally not invested uh for much of the same reason like i don't necessarily see the long term value and sort of like that high growth of the industry they're in and their own personal growth because i think they're very replaceable types of companies um but that's just my view would you buy brewdog no i've not been partaking in those ipas um again i'm i i think maybe they can do some some interesting stuff but i'm personally not in the moon if you had 80 000 invest safe for a house deposit what would you keep it in if you plan to buy a house within a year i have an in an instant accessible i'm guessing that instant exercise does not pay a lot so this is a complex question i can't really give a very good answer on it because i'll be bordering on something that would be like financial advice obviously you have to weigh up your risks because if you put it in anything that is market related there's going to be a lot of risk in the fact that that money will then go down and then you're going to be unable to buy the house or you're going to have to pay more expensive mortgage rate you're going to have to find some extra money somewhere et cetera et cetera there's the benefit of using the lisa account that i released the video just before this live went out where essentially if you're going to be buying uh within a year if you're buying in exactly 12 months and you can just sort of push it and stretch it then maybe you can make use of a lisa account but otherwise whatever the highest like yielding savings account is probably because you need it quite soon and you just can't take any of the risks i probably just do very similar to what you're doing uh if i'm honest uh it's like you you need to pull it out right of the markets in order to keep it safe if that's the situation like if i was in a position where i was planning to put down a 40 deposit on a house and i was perfectly you know like happy i would still be able to buy the house if it went down to say 20 or 25 i myself because i'm quite a a risk like happy guy i would probably put it in the stock market because i know that in even for like a minor like hit even in a normal sort of like correction or even a market crash where things go down by 20 25 i'd probably still be okay but most people probably would not feel the same way because i i would i would say what that that's okay but then i can also take the upside if the upside happens and then instead of having just 40 i might be able to have i don't know 45 50 60 whatever whatever it is so so everyone needs to make their own decisions on that the great reset that's coming from the ngo should be ready yeah i've heard people say this for a few decades now i'm sure it's coming uh i'm not i'm not actually sure it's coming uh um you see my videos i do like to push the boundaries some kind of but i i'm not sure about all that stuff um benefits of trading uk market instead of the us there are some benefits um something like you get is cheaper uh generally uh you you benefit from not having to pay the withholding tax on dividends although you do have to pay stamp duty on london's exchange main main listings and and this the issue is i'm not picking necessarily based on geography i'm not picking us docs because they're based in the us it just so happens that the companies that i really like at the moment happen to be based over in the us and that's kind of roughly oh damien's turned up hey guys if you haven't uh damien's supposed to come did you watch the game stop congressional hearing love to hear your general thoughts i watched i watched i watched it uh it was quite interesting i think i think we have an ongoing issue with people who don't really know what they're talking about running an investigation into things they don't understand and some of the questions like they obviously prepped in advance but i got the sense that none of them really and i don't like how this thing very quickly turned from a hey what's actually happening to let's blame the one guy who has a funny name uh and protect all their hedge funds in the process i didn't like the fact that the difficult questions were not asked of them that should have been asked by the way if anyone watching hasn't subscribed to damien talks money you should go and subscribe to this guy his channel is really good um i i i watch all these videos i get entertained by the by the jokes right what other questions we've got uh is styling your main banking app and if you get reconsidered monster i have monzo as well that's the one i didn't close just because i wanted to keep an eye on what's happening what they're doing i don't really use them my styling is my main banking app uh yeah i really like it i really like what they're doing i'm hoping to do a lot more on the whole managing money and the pots features and all that kind of stuff uh but we shall find out uh somebody clarifying something that house has shared with a ig and not individual names an event trained for two goes bust the current value shares we paid out to you that is true but they understanding is when things are held off the broker in a third party they have to declare who owns what portions of which shares that's what i was saying they're not the same as you literally owning the shares and being in your name but there's definitely a record of what you own that lies separate um so i think it's like it's it's sort of like a very frequent position of being the same as you literally owning the shares in that other thing it's not quite the same but it's it's it's you know it's definitely somewhere in between um yeah if you bang on barclays 85 that's really good point that i don't mention enough um because the protection it is uh so somebody said g said also worth burning bearing in mind that um fscs protection will train to one two cash held an account is held at barclays and if you bankroll back there's a five thousand allowance but across all the accounts you have about these and that this is a really important point whenever you hold money with like a company that company then actually holds your money at a different place so the same goes with interactive brokers in the shares if you happen to have shares or interaction brokers directly as well then you might get into a situation where if both happen to go under at the same time then you might hit the 85 cap uh without realizing it even if each individual one is under but uh it's a very good point as well uh do i have any other questions or not or are we good tesla running how was your opinion on the rise of fat gm and stocks in the smp top seven stocks making 25 of the index waiting um this situation happens all the time i mean like we've had the same situation before when petroleum companies were dominating and before that there was a time like several decades ago when the banks were completely dominating there's always going to be companies that's just the nature of these types of markets where you're going to have some behemoths who just turn up and um their market cap is so big that they naturally make up large proportion but that's okay in my mind because even though they are so big individual each individual companies still like if you look at most funds even funds that people perceive to be very very secure and very robust and very safe they often have as much as 10 to 12 in some cases higher of the entire fund invested in one company at the top so if you go and look at the actual distributions you might be surprised as to how exposed some of these funds are to the performance of individual companies but the reason exactly the same because they're so big and the prospects are so good that um those funds do the same thing um all right julian is asking do you think machine learning companies are overhyped is it really the next frontier that revolutionized many companies i think machine learning as a thing is is a really interesting concept i am not convinced for the same reasons that i talked about parents here about the specific companies who only kind of focus their attention and their work on machine learning and necessarily because of i'm not seeing yet the uniqueness of any one of them that would give them that edge that i'm looking for however the thing that really bothers me in the spaces sort of links is the number of people out there especially in the investing world who talk about artificial intelligence that you see this investment platform is we use artificial intelligence in order to select you know your portfolio what they mean by official intelligence is like an algorithm which says you are this age and your risk profile is this and therefore out of our different five different funds this is the one you should get i think people with machine learning you get some of this as well when it's just a really basic self-updating algorithm but for somebody who did math at university it really bothers me when people talk about all these concepts and basically completely lie to their consumers about what the actual processes employed are yeah algorithms are algorithms we used to have algorithms when people used to have punch cards that you'd have to feed into computers in the 60s and stuff in the 70s um and sure algorithms can get more sophisticated and they can self-update sure based on updated data but the moment people do that they like to put all kinds of smart words and i've worked in too many companies where people get really impressed by smart words no matter how pointless they are i'm not going to go to the details on this but it's just a bug bear that i have um what do we got is now good time to start a lisa and stocks and shares isa or is there like to be too much instability this year what's the alternatives i i don't know about instability i don't know whether things are going to go up whether things are going to go down i don't really necessarily care the one good reason to start it now rather than some point later this year is we are one month away from when the tax year changes so that means if you put any money in now then you get the fresh 20 000 allowance after that although most people probably don't need that fresh allowance but with the lisa account if you do want to put in more than 4 000 that means you can put 4 000 this side by the fifth of april and then up to four thousand the other side so there's that benefit there i guess but in terms of whether it's a good time i don't time the market and i don't know um would i ever consider one-to-one trading courses if so uh sign up for sure thank you really appreciate it i am not planning anything of that type um the one thing i'm trying to avoid doing with the sort of talking about i guess my business side more is i'm trying to not do things that are one-on-one so much because i'm trying to produce content that can reach more people rather than sort of doing individual calls or things like even though maybe some people would pay money for them i just don't think i'll provide as much value to as many people doing that so so i'm trying to focus just on on content and there might be other types of content in the future like written stuff whatever uh but they're still gonna be one-to-many kind of business model for now what do we got um that yeah so mike electrical stuff says uh ml and ii so uh machine learning and ai will be big but nobody knows which companies will win that that is a really succinct version of how i think and that's the same reason why i don't buy in some other industries as well that we just talked about earlier what do you think uh tamworth is asking do you think car companies should go for electric vehicles or hydrogen-powered fuel cell tech only problem is fuel cell tech needs to be more secure so what do you think i don't really know in my kind of very unscientific opinion i think electric is a far better bet because of two reasons um one is it is it has far greater capacity for growth because at the moment we're using battery cell technology that generally speaking hasn't really changed for like decades and decades the batteries that people used in the 50s and 60s are very very similar in terms of their capacity and in terms of how they work and in terms of the ability of what they do to what we use today and and this is something that people kind of often forget i think like we're like we could potentially with scientific progress go far far further in terms of the ability to store energy with hydrogen fuel cell there is a maximum amount of energy that that hydrogen fuel cell can ever release just because of the chemistry involved uh per volume of hydrogen that you're able to store and sure maybe people find better ways of compression but generally speaking there is a much more restricted upper cap in theory and in fact the two are sort of like very similar i think like you can still sort of in if you account for weight as well hydrogen's probably slightly ahead but i think in terms of the capacity potential i think i'd definitely be talking electric however there's a lot of restrictions with uh that in terms of the uh rare earth metals and cobalt that's like out at the moment and elon is posting tweets about it and and stuff like that if they develop better tech that maybe doesn't make use of materials that are quite so hard to come by maybe there's something interesting to come at the moment i i don't know i think i'm slightly swaying towards electric uh to a degree also the fact that there's now a fast-growing network not just for tesla but for all kinds of electric charges and the power lines are being updated so what the electric system is so far ahead because of the existing electricity supply around the world you know just regular power lines i think that gives electric cars a massive advantage just in use and adoption because it's very easy you can go and set up a charging point in your home relatively easily you can't really as easily go and put a hydrogen storage tank or something like that in your house that you go and fill up and then fill from there so so i think just those kind of things um a lot of people talking about electric cars oh i have no idea what do i think of arc now that etoro supports it in the uk someone suggested that they may have issues through getting too big and earning very high potential some companies i have this very very small holding i think it's like it's amazing how much people are talking about it they've obviously done a great job at marketing and at hype and to me like i do like some of the stuff that these guys are doing and my investment strategy is not too far away from what they do personally and it's not because of what they do but i think when people forget ark was sort of like breaking even and kind of staying flat for a really long time and then had one great year where they went and hit like massive returns because of very strong investments companies like tesla and then they had a sort of another decent year like which is okay and suddenly it's the best fund ever and everyone wants to invest and you know that old adage of like past performance doesn't necessarily inform future performance well i'm kind of like sitting in firmly in that on that fence because hey great they've done really well it doesn't mean that their investments are going to continue doing really really well and if you're invested in a similar kind of way during this period you would have made the same sort of really high returns as well um i'm not seeing something an investment strategy that is ike super unique i'm not saying oh they pick out companies that nobody else talks about um so i i think like for people who want to be invested in tech and for somebody else to be doing all the thinking around which particular tech companies to buy in when and especially for a company that maybe has a bit more leverage to be able to influence the companies through buying also their stock like recently happening with patents here i think like yeah it's a relatively straightforward way to invest but i'm not sure is some the the sort of golden goose that a lot of people seem to be making out uh it ought to be hi sasha the masters bleach hello bleach are you worried that icln etf is too heavily weighted in plucking power stock um yeah so they went down a lot recently right um i am a little bit concerned but i think in the long term i'm hoping that i i i haven't got a huge amount i have a very small holding in it uh to tell you the truth because most of my etf money is sitting with just the s p 500 um but yeah i think they might do better by diversifying investing in some other companies as well uh i i i've not been looking too hard at them recently if i'm honest what is the view on many central banks why am i always looking over here why don't i put this over here i know i didn't because i use this screen i've got three screens and i use this screen to do the like when i'm cutting back to the screen so uh it's just like i keep looking over here uh otherwise all right if i was elon musk for a day what would you tweet i have zero idea i i'm really bad on twitter i when i i tweet very rarely be just because i've got other stuff and i just forget to even go on it and when i do it's usually boring stuff that nobody even notices so i'm like the worst guy to say if the chancellor increases corporation tax on wednesday implications on the markets i'm not 100 sure because i think the expectation is probably to a degree baked in and if it's not this year then i think next year it probably is more likely to happen so i'm not convinced it's going to be a huge difference necessarily but um we shall have to wait and see i guess on that one i i i just think people are expecting tax rises of some sort at some point in time and i think most text rises probably won't be happening in this budget and if i'm completely honest i would guess that they're going to go back to what they used to do and they're actually going to go and switch budget timings again and probably do another budget in the autumn so that they can go and reverse some things and begin adding some new taxes just because hopefully by that point if things continue with a vaccination program and everything else if the economy is really up and running by that point it'll probably not have the same political implication of increasing taxes at that point but maybe they don't want to wait all the way until next spring um what is my view time we're asking it wasn't my view and many central banks preparing to issue their digital currency do anything government uh going too far i don't really care i think the point that the point is completely missed it's it's one of those things where you hear a central bank or a big bank like ubs like to do this kind of stuff like we're going to release a digital currency and that makes us somehow amazing and i always get i always ask the question but what's the point how is this for example better than just regular currency that you as a central bank already issue and the answer in most cases is it isn't because some of the fundamental principles like limited supply like uh independent of any country or third party governing or regulating it like it being a country neutral like all of these different things get broken it isn't decentralized then it is fully centralized it's like if people just using terminology to try to push something that makes no sense whatsoever it's like um recently there's been a hype over the last few years um as a consultant i i have this a lot with banks when i go into bank to say hey we we want to go and change our current account or credit card it's going to be so innovative it's going to run on the blockchain and my question is why what's wrong with old school like tables in a database like what does the blockchain do for your current account that the traditional table in an sql database doesn't do and the answer is usually nothing and it's the same here it's like they're just wanting to release a new type of fear that sounds cool but has no none of the sort of advantages of benefits that most people would associate associated with a traditional cryptocurrency traditional um so i'm like it always baffles me because all the news pick it up and they they run with it they run with it saying ah look at all this technology my question is tell me one thing that's gonna be better about this than just the fiat version of the same thing that they already do i don't know how do i fit my investments and why these fit them like that i have a whole video you should go and check it out um called my investing audio i've actually linked it at the end of most of my videos because i i think it's quite useful i talk to some degree i'm going to be talking more about specific classes in subsequent videos but go and check that out um i can't remember what it's called but at the end of most of my videos you'll find it views on concentrating on major large cap headline indices sap 500 nasdaq versus the more diversified wider s p total market i am not interested in diversifying beyond like sp500 is diversified enough for what i'm interested in because then the more you diversify from there the more you're going to be diluting the actual benefits of being invested in the kind of companies that tend to grow so so so i don't tend to invest in those kind of global growth cuts because i'm going to have to go in about three minutes so i'm just gonna answer one or two more questions and then i'm going to have to go um am i looking to invest in heavily in any hospitality stocks restrictions are lifted anytime in the uk not necessarily because i have no idea how they're going to bounce back whether they're going to bounce back and what the issues are going to be in the next few months a lot of companies are going to really get hit hard the v80 that was suspended for a year is going to be due to be paid in the next month and for companies that don't pay in the next month they can go and stretch it out and they can pay it over a few months throughout this year but that payment is true then there's going to be the loans that have to start being repaid starting next month for some companies in the month after depending on which company it is and then the fed is going to be taken away but is the uptake of those leisure facilities going to be the same as it was in the past i'm not sure i'm not convinced uh i'm like there's too many question marks for me at the moment um one last question thoughts on rumors re-extending stamp duty holiday till june and new government backed five percent mortgages team stories will do anything property price yeah i personally think like this is one where a lot of people probably disagree with me but i think in the grand scheme of things if you have a failing economy and you have people's jobs that are going out the window and you have massive issues like that i'm amazed by the amount of effort people are putting in to like propping your property prices and ensuring that people can go and buy property there's been a massive bubble of people buying property as a result of the stamp duty holiday and things like that and i don't really get it because to me in terms of priorities for the country this is in my opinion should be way down but it seems to be one of the main points that everyone cares about oh you know like how long can you go and buy property without century i don't i don't get it um all right one more question that we're gonna go that's the q a thank you i'll check out that video do you recommend any platform in particular for a stocks and shares lisa i do not you're gonna have to go and do your own research julian uh and the reason is i i that that there isn't one that really stands out as being particularly great and the others are you just need to go and make up your mind anyway that's all i have for now thank you so much to everyone who joined in i'm sorry the diagram for so long thank you so much for watching i really really appreciate it i'll see you guys later as always and off we go