Comments by "Supernova" (@MrSupernova111) on "The Plain Bagel" channel.

  1. Can you explain what a fixed rate mortgage means in the UK? It sounds to me more like an adjustable rate. I'm from the US.
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  2.  @ozone8839  . Everyone's situation is different. Retirees, poor and middle class are much more sensitive to economic conditions and volatility within their portfolios than the rest of society. Its amazing that privileged people fail to realize that they don't represent the entire population.
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  3.  @ozone8839  . Getting shot in the face happens too. Doesn't make it more bearable when it happens. But keep living in fantasy land. You're the type that likes to oversimplify everything but reality will hit you in the face too sometime. Keep living your life in a bubble. Good luck!
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  4.  @josephhoward4697  . How do poor and lower middle class people build wealth outside of the market? Should they refuse to contribute to their define contribution plans at work? What about pensioners? Where do you think their money is invested?? LOL
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  5.  @josephhoward4697  . Yes, those with lower incomes should spend more time improving their skills so they can earn enough to save and build their wealth. The point is that someone making less than $40k might unfortunately need to dip into their retirement from time to time for emergencies. You say that its either one way or the other for poor people. But you fail to realize that if someone can only save $100-$200 per month they might as well put it in their retirement account and hope that it starts growing soon. To say that a lower income person should save 3-6 months of net salary (universally recommended amount) before they start investing is ignorant. Do some simple math. Someone making $40k per year with a monthly cost of living of $3k would need to save for almost 4 years before they accumulate 3 months of expenses ($9k) in their emergency fund. However, inflation will erode some of that and what might be a common expense for you like a car expense is an actual financial emergency for someone who's living paycheck to paycheck. Its ridiculous how disconnected some of you are from reality that you recommend some people should forgo participating in the market for 3-4 years at a time while they live paycheck to paycheck trying to make ends meet. Anyway, good day!
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  6.  @josephhoward4697  . People who have an employer match should 100% maximize it regardless of their financial situation. You've been exposed. Move along.
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  7.  @josephhoward4697  . I'm not poor. But have a good day!
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  8. You're confusing the crypto industry with a system financial issue affecting all banks.
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  9.  @michaelswami  . Clueless! After the market crash in 1974 the market didn't rebound until 1980. Imagine being 65 years old today and losing half of your net worth as you enter retirement. 6 years of negative real returns is bad anyway you slice it. It likely took 10+ years to regain the market's 1972 peak value when adjusting for inflation. Keep digging yourself in.
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  10.  @michaelswami  . In the mid 1970s you weren't invested in anything but stocks because you weren't wealthy enough to own anything else and 401ks didn't exist yet which means your retirement would have been dependent on a pension. If you're invested in bonds today then you're already experiencing negative real returns. Like I said. Clueless!!
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  11.  @michaelswami  . I'm glad things worked out for you. I have a degree in finance and have worked in the industry for a number of years during which I have performed a considerable amount of research. The tools available to me are vastly different to those available in the 1970s and as such I have a different take on investing. Enjoy the rest of your day! Cheers!
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  12. This channel is going down hill fast
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  13. The amount of garbage coming from this dude's channel is staggering. If he's so smart why isn't he managing a multi billion fund? Stupid.
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  14. I think youtube changed something to save money on their end but I could be wrong.
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  15. Anyone who thinks pricing doesn't capture risk shouldn't be investing. These are the same clowns that get on financial news channel and always fail to predict recessions.
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  16.  @juanvicencio2390  . I wonder how many retirees that lost half of their wealth in 2008 agree that pricing doesn't capture volatility in the long term. Unless you never plan to sell your assets your long term horizon eventually becomes a short term horizon. There are also plenty of examples of economies collapsing around in the world. This notion that long term investments are somehow risk free and volatility doesn't matter or doesn't exist in the long term its retarded at best.
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  17.  @juanvicencio2390  . Everything works until it doesn't. Ask the Japanese. Cheers!
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  18.  @juanvicencio2390  . I'm sure the Russians were thinking just like you before their stock market collapsed overnight. I'm sure they're still calculating stdev, beta, sand sharpe ratios trying to figure out where they went wrong. Cheers!
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  19.  @juanvicencio2390  . If you keep pounding the calculator eventually you'll get the result you want void of any connection to reality. Keep at it! Cheers!
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  20. Cathie Woods? LOL
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  21.  @dividendking3686  . Thanks for the info! Cheers!
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  22. Nice!
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  23. Some other guys just needs a rope. Even more economical.
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  24. Gotta love these experts who don't even know where the markets are. Maybe they just don't really care and continue making bs excuse after another while they collect fees. LOL
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  25.  @brotherted9212  . I would think so too but I'm no expert on the subject matter. I only go by what was said in the video.
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  26.  @julm7744  . Dumbest thing I've read in a very long time. Congrats!
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  27. Agreed! Elon is the biggest welfare recipient on the planet!
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  28. According to our good friend here nothing to worry about. Just an isolated event. Yet the banking and private equity industries are losing billions in market value by the day. As I was typing this the WSJ reported that the FDIC will make all SVB depositors whole by Monday to to stem potential spillovers. They also closed SBNY and created a new program (Bank Term Funding Program) to fund banks at risk. This is just the beginning. Buckle up! Banks one day stock price change: SBNY down 23% WAL down 21% FRC down 15% SCHW down 8% Sofi down 8% Trust Financial down 7% DB down 6% BOH down 6% Private equity firms one day change: Stepstone down 13% Hamilton Lane down 11% Apollo down 10% Blue Owl down 10% Carlyle down 9% KKR down 7% Ares down 7% Mr. Bagel, try putting more effort into your next video.
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  29.  @渡海-q2w  . This "shill" (Bagel) is paid by his clients to protect their assets which means providing false assurances. That's the problem with listening to these people. I'm sure he means well but he deliberately dismisses the risks associated with major bank failures in the USA. The problem is, in fact, systemic largely due to rising interest rates. Luckily, the Fed and the Treasury Department are more in-tune with reality and bailed out the banks (SVB and SBNY) and are now looking to fund other banks at risk to prevent a full financial meltdown.
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  30. lol
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  31. The best video idea! Damn crooks!
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  32. That's like saying China deliberately created and released a virus that ended up shutting down the world economy including China which was on lockdown until recently. But believe what you want.
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  33. Clueless! Look for my comment in his SVB video. Plain Bagle just repeats whatever nonsense his employer tells him. I have corrected him (in real time) in multiple occasions of the past couple of years. The guy is just a parrot.
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  34. It works until it doesn't.
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  35. Nice! lol
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  36.  @CockatooDude  . Whatever helps you sleep at night.
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  37. What are you trying to learn? If you want to learn things like DCF models then get a college textbook on Principles of Finance. If you want to learn how to read financial statements then get a book on Financial (Reporting) Accounting. If you want to learn about various investments get a book on Principles of Investments. After you learn all this then you're ready to perform security analysis and start picking stocks or creating your own forecast models. But then, you need to have a strong grasp on economic concepts and the current state of fiscal and monetary policy and political environment. I'm not away of any one group that covers all this but you can surely find groups that cover portions of this topics although they're no replacement for a formal education. Good luck!
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  38. Whatever happened to the "limited" and "idiosyncratic" failure of SVB as you described? I should start my own youtube channel and repeat whatever nonsense my employer tells me.
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  39.  @zvxcvxcz  . Clueless!
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  40. How do you think banks make money? Instead of parroting whatever nonsense you read or hear try to do your own thinking.
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  41. Yikes!
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  42. Correct me if I'm wrong, but Python isn't made for visual presentations and if your boss has to share the data how many qualified people in need of this data can manipulate the shared data in Python?
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  43. Its not passive income if you have to work for it. That's the point.
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  44. SAS? Python?? Is that a joke?? You have a lot to learn kid. Hahaha
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  45. What's with all the self-described teenage kids from Greece in the comments??
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  46. Exactly. There is also the issue or rising interest rates causing unrealized losses on balance sheets and making it difficult for banks to raise capital without alarming their clients. This was a very poorly done video.
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  47.  @realnapster1522  . That's exactly what SVB did. What's your point?
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  48. Is he wrong? Which billionaires do you know that built their wealth through a 401k? Think about that for a minute. Know that I have a degree in finance and work in the industry before you reply.
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  49.  @jonathans7089  . Every business owner has taken a different path than relying on a 401k for financial independence but continue walking through life blind. Remember your clueless comment when you're 65-70 years old and you have wasted your life doing meaningless work to make other people rich.
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  50.  @jonathans7089  . With such a strong and cohesive argument how could anyone disagree? In a small world like yours there is only one way to live life. Typical fool!
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