what’s my investment strategy so I got an interesting question for one of my
an interesting question for one of my
an interesting question for one of my youtube viewers Y Zed Zed l9t one who
youtube viewers Y Zed Zed l9t one who
youtube viewers Y Zed Zed l9t one who wrote in to say hello Evan you have any
wrote in to say hello Evan you have any
wrote in to say hello Evan you have any financial plan or investment if so can
financial plan or investment if so can
financial plan or investment if so can you share your opinion sorry about my
you share your opinion sorry about my
you share your opinion sorry about my bad english I’m from another country so
bad english I’m from another country so
bad english I’m from another country so this is an interesting question I’ve
this is an interesting question I’ve
this is an interesting question I’ve never been asked about my investment
never been asked about my investment
never been asked about my investment strategy and I’d be happy to share it so
strategy and I’d be happy to share it so
strategy and I’d be happy to share it so first of all I believe that the best
first of all I believe that the best
first of all I believe that the best investment that you can get is in
investment that you can get is in
investment that you can get is in yourself and I would bet on myself and
yourself and I would bet on myself and
yourself and I would bet on myself and invest it into myself and get in return
invest it into myself and get in return
invest it into myself and get in return on that money faster than I would on any
on that money faster than I would on any
on that money faster than I would on any other investment right if you’re looking
other investment right if you’re looking
other investment right if you’re looking at a stock that maybe you’re in seven
at a stock that maybe you’re in seven
at a stock that maybe you’re in seven percent a year I can get better than
percent a year I can get better than
percent a year I can get better than seven percent by investing into myself
seven percent by investing into myself
seven percent by investing into myself so I always believed that and you should
so I always believed that and you should
so I always believed that and you should too you should feel like money you put
too you should feel like money you put
too you should feel like money you put in you’ll get a better return investment
in you’ll get a better return investment
in you’ll get a better return investment in yourself then into some stock or
in yourself then into some stock or
in yourself then into some stock or mutual fund the next thing to think
mutual fund the next thing to think
mutual fund the next thing to think about is the most important decision you
about is the most important decision you
about is the most important decision you can make with your investment plan with
can make with your investment plan with
can make with your investment plan with the extra money you’re looking at is
the extra money you’re looking at is
the extra money you’re looking at is asset allocation okay a lot of
asset allocation okay a lot of
asset allocation okay a lot of governments will help you give you an
governments will help you give you an
governments will help you give you an incentive to put money away save for
incentive to put money away save for
incentive to put money away save for retirement so if you have some kind of
retirement so if you have some kind of
retirement so if you have some kind of retirement savings plan the most
retirement savings plan the most
retirement savings plan the most important thing to think about is asset
important thing to think about is asset
important thing to think about is asset allocation and that basically is how
allocation and that basically is how
allocation and that basically is how you’re going to split up your money what
you’re going to split up your money what
you’re going to split up your money what percentage is going to go to stocks what
percentage is going to go to stocks what
percentage is going to go to stocks what percentage is going to go to you know
percentage is going to go to you know
percentage is going to go to you know real estate bonds angel investments
real estate bonds angel investments
real estate bonds angel investments whatever it is with my money I like
whatever it is with my money I like
whatever it is with my money I like looking at companies that I can invest
looking at companies that I can invest
looking at companies that I can invest into where I like what they’re doing and
into where I like what they’re doing and
into where I like what they’re doing and i like that i can add some value to it
i like that i can add some value to it
i like that i can add some value to it so i feel like i can be a contributing
so i feel like i can be a contributing
so i feel like i can be a contributing part of their company i’m not a super
part of their company i’m not a super
part of their company i’m not a super active angel investor i look for
active angel investor i look for
active angel investor i look for opportunities where I know the
opportunities where I know the
opportunities where I know the entrepreneur and again I really like
entrepreneur and again I really like
entrepreneur and again I really like them I like what they’re doing i think i
them I like what they’re doing i think i
them I like what they’re doing i think i can add some value to it if you’re just
can add some value to it if you’re just
can add some value to it if you’re just talking about investing money this is
talking about investing money this is
talking about investing money this is something that I used to be really super
something that I used to be really super
something that I used to be really super passionate about I thought I was going
passionate about I thought I was going
passionate about I thought I was going to be stocked broker and help people
to be stocked broker and help people
to be stocked broker and help people with their financial plans is what I was
with their financial plans is what I was
with their financial plans is what I was passionate about when I was younger
passionate about when I was younger
passionate about when I was younger until I realized that the whole industry
until I realized that the whole industry
until I realized that the whole industry is a scam you look at the mutual fund
is a scam you look at the mutual fund
is a scam you look at the mutual fund industry it’s just one big
industry it’s just one big
industry it’s just one big none of these guys beat the market on
none of these guys beat the market on
none of these guys beat the market on average none of these guys beat the
average none of these guys beat the
average none of these guys beat the index on average it doesn’t happen maybe
index on average it doesn’t happen maybe
index on average it doesn’t happen maybe one year yes but consistently nobody
one year yes but consistently nobody
one year yes but consistently nobody beats the market on average so if you
beats the market on average so if you
beats the market on average so if you don’t do anything if you’re going to you
don’t do anything if you’re going to you
don’t do anything if you’re going to you know you’re going to invest in stocks
know you’re going to invest in stocks
know you’re going to invest in stocks your best bet is on it’s just to invest
your best bet is on it’s just to invest
your best bet is on it’s just to invest in an index fund just invest in the fund
in an index fund just invest in the fund
in an index fund just invest in the fund that that tracks the index you’re going
that that tracks the index you’re going
that that tracks the index you’re going to make whatever the market makes what I
to make whatever the market makes what I
to make whatever the market makes what I like to do is I mix up my money between
like to do is I mix up my money between
like to do is I mix up my money between companies that pay a dividend so safer
companies that pay a dividend so safer
companies that pay a dividend so safer stocks that pay a nice dividend at least
stocks that pay a nice dividend at least
stocks that pay a nice dividend at least four percent that I also see some upside
four percent that I also see some upside
four percent that I also see some upside to I’m from Canada and we have some
to I’m from Canada and we have some
to I’m from Canada and we have some pretty big telcos and banks our banks
pretty big telcos and banks our banks
pretty big telcos and banks our banks are pretty safe compared to most of the
are pretty safe compared to most of the
are pretty safe compared to most of the banks in the world and they pay nice
banks in the world and they pay nice
banks in the world and they pay nice dividends and so i’ll invest a chunk of
dividends and so i’ll invest a chunk of
dividends and so i’ll invest a chunk of my money kind of my safe retirement
my money kind of my safe retirement
my money kind of my safe retirement money into those stocks and then i’ll
money into those stocks and then i’ll
money into those stocks and then i’ll always have a percentage between 25 and
always have a percentage between 25 and
always have a percentage between 25 and 45 percent of my money will go into
45 percent of my money will go into
45 percent of my money will go into stocks that I see an opportunity with so
stocks that I see an opportunity with so
stocks that I see an opportunity with so I call them high flyer socks socks where
I call them high flyer socks socks where
I call them high flyer socks socks where I see I think that this company could
I see I think that this company could
I see I think that this company could really take off I don’t have insider
really take off I don’t have insider
really take off I don’t have insider information on it obviously but I liked
information on it obviously but I liked
information on it obviously but I liked the company I might be a customer of it
the company I might be a customer of it
the company I might be a customer of it I like where they’re going I see a lot
I like where they’re going I see a lot
I like where they’re going I see a lot of potential and so invest in those when
of potential and so invest in those when
of potential and so invest in those when those do well I sell it off and then I
those do well I sell it off and then I
those do well I sell it off and then I invest back into my safer stocks and
invest back into my safer stocks and
invest back into my safer stocks and then find some other high profile or
then find some other high profile or
then find some other high profile or high risk or high-risk stock to invest
high risk or high-risk stock to invest
high risk or high-risk stock to invest into that’s what I’ll do I don’t know if
into that’s what I’ll do I don’t know if
into that’s what I’ll do I don’t know if it’s instead of the best strategy for
it’s instead of the best strategy for
it’s instead of the best strategy for you I don’t own any bonds gics mutual
you I don’t own any bonds gics mutual
you I don’t own any bonds gics mutual funds none of the super safe stuff a lot
funds none of the super safe stuff a lot
funds none of the super safe stuff a lot of that is part of my age too right I am
of that is part of my age too right I am
of that is part of my age too right I am how old am I I’m 34 what years at 2014
how old am I I’m 34 what years at 2014
how old am I I’m 34 what years at 2014 so I’m 34 I’m 34 in May so I’m 33 right
so I’m 34 I’m 34 in May so I’m 33 right
so I’m 34 I’m 34 in May so I’m 33 right now 34 in May and
now 34 in May and
now 34 in May and I can’t afford to be riskier because I
I can’t afford to be riskier because I
I can’t afford to be riskier because I have a longer time horizon so if you’re
have a longer time horizon so if you’re
have a longer time horizon so if you’re a younger person it makes sense to put
a younger person it makes sense to put
a younger person it makes sense to put more money in the stocks because on
more money in the stocks because on
more money in the stocks because on average it pays off a greater return
average it pays off a greater return
average it pays off a greater return over the years but if you know you need
over the years but if you know you need
over the years but if you know you need that money soon or if you’re retiring
that money soon or if you’re retiring
that money soon or if you’re retiring then it’s a lot riskier to go all into
then it’s a lot riskier to go all into
then it’s a lot riskier to go all into stocks so the most important thing again
stocks so the most important thing again
stocks so the most important thing again that you need to figure out is what your
that you need to figure out is what your
that you need to figure out is what your asset allocation is what percentage goes
asset allocation is what percentage goes
asset allocation is what percentage goes the socks what percentage goes to bonds
the socks what percentage goes to bonds
the socks what percentage goes to bonds what percentage goes to mutual funds
what percentage goes to mutual funds
what percentage goes to mutual funds although I’d say avoid those because
although I’d say avoid those because
although I’d say avoid those because it’s a scam and I would encourage you to
it’s a scam and I would encourage you to
it’s a scam and I would encourage you to read up on this like it’s great to go
read up on this like it’s great to go
read up on this like it’s great to go talk to somebody and learn from a
talk to somebody and learn from a
talk to somebody and learn from a financial advisor and you may end up
financial advisor and you may end up
financial advisor and you may end up working with them but I wouldn’t just
working with them but I wouldn’t just
working with them but I wouldn’t just give all my money to somebody and say
give all my money to somebody and say
give all my money to somebody and say here go you know make me rich it’s not
here go you know make me rich it’s not
here go you know make me rich it’s not going to happen you need to educate
going to happen you need to educate
going to happen you need to educate yourself just like you would on your
yourself just like you would on your
yourself just like you would on your business educate yourself on where
business educate yourself on where
business educate yourself on where you’re putting your money and you should
you’re putting your money and you should
you’re putting your money and you should be knowledgeable that you know you’re
be knowledgeable that you know you’re
be knowledgeable that you know you’re comfortable with where your money is
comfortable with where your money is
comfortable with where your money is being spent and that you’re going to get
being spent and that you’re going to get
being spent and that you’re going to get a return that’s uh that’s good for you
a return that’s uh that’s good for you
a return that’s uh that’s good for you so that’s what I do just I guess kind of
so that’s what I do just I guess kind of
so that’s what I do just I guess kind of touching on the subject let me know what
touching on the subject let me know what
touching on the subject let me know what you guys think give it a thumbs up if
you guys think give it a thumbs up if
you guys think give it a thumbs up if you liked it you have more questions
you liked it you have more questions
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from here you want me to dig deeper on the topic leave it in the comments below
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