Comments by "Me, Myself and I" (@me-myself-i787) on "The Plain Bagel" channel.

  1. The US dollar is basically already a CBDC. Far more money is stored digitally in the Federal Reserve than exists as physical notes. The only difference is banks acting as middlemen between the Federal Reserve and customers. Probably because the Federal Reserve wouldn't be able to keep track of so many individual accounts, making it more convenient to just service a few large accounts and have the banks store who owns what out of the money in their account.
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  2. ​ @SamAronow Pushing for stricter zoning rules and contesting planning permission applications.
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  3. Like Bitcoin but more accessible and without the stigma.
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  4. 5:10 What's the difference between a cash-settled future and a contract for difference?
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  5. I think they thought they would be able to sell their stake before the company would collapse.
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  6. Dividend-paying companies are no more stable or financially sound than other companies, and most dividend-paying companies won't continue paying dividends in a downturn when they're no longer making money.
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  7. It's amazing how right we all were. Happened right when we expected. But it wasn't as bad as we expected.
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  8. ​ @Sara-ik5po  It's stupidity, not greed. Making loans which can't be paid back is not profitable.
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  9. "Buy great companies at a fair price, not fair companies at a great price.
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  10. That phrase sounds a lot more sinister than it should. Charities give out free stuff all the time. The people they help are the product, and the donors are the customers. That's not a bad thing. That applies to all donation-based businesses. Their users are the product and their donors are the customers.
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  11. ​ @EK-gr9gd On most modern brokerages, you don't need to sell your entire stake at once. You can take out a small fraction of that stake. Selling 2% of your position has the same impact as the company paying out 2% of their market cap as a dividend.
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  12. 8:20 That's why you don't tie compensation to earnings per share.
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  13. 5:30 There are loads of posts with massive losses on r/wallstreetbets.
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  14. And also, while the government can't block Bitcoin transactions, each coin comes with a unique ID, along with the complete history of who has owned that coin. The government can encourage businesses to refuse to accept money that was previously owned by certain companies. This is one reason Monero is better. Transactions are anonymous, and money is fungible.
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  15. 8:10 Investors who interpret dividends this way are stupid. I would do the opposite. I would interpret stock buybacks as a signal of executive confidence in the company, and dividends as a signal of executives being more wary about the firm and therefore making investors sell off some of their position.
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  16. ​ @sor3999 No, people invest with them because it's the cheapest, easiest way to invest into an index. People who want active management invest into Berkshire Hathaway. Buying and selling 500 shares yourself to make your portfolio match the S&P 500 would be more expensive and more difficult than just using an index fund made by BlackRock or Vanguard.
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  17. People could always just invest their money directly. But instead, they chose to go through a middleman and allow them to vote on their behalf.
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  18. If you saved up an emergency fund large enough to pay your biggest deductible, medical debt wouldn't bankrupt you. Plus, you could tap into those emergency savings when you lose your job; they could keep you afloat until you get your next job. And I don't know of a single financial advisor which doesn't recommend saving an emergency fund.
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  19. It's all the companies in the index weighted by market capitalisation.
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  20. Someone should make an ETF based on something like the FTSE All-World Index or the MSCI ACWI, except without any of the dividend-paying stocks. Since so many investors overvalue dividends, this ETF would likely beat the benchmark index.
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  21. 5:06 Grant Cardone probably has his money in Realty Income, aka The Monthly Dividend Company. That hasn't worked out well.
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  22. ​ @henrythegreatamerican8136  Social Security is just as bad, if not worse. It's a mandatory Ponzi scheme. The money from young workers is used to pay off retirees. If there aren't enough young workers and there are too many retirees, everything falls apart.
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  23. No, they can't force shareholders to sell their shares. Unless someone wants to take the company private and most shareholders vote for it.
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  24. 12:25 Another good example is Realty Income. 5% dividend yield with a P/E ratio of 40.
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  25. ​​​ @whatwasisaying1338  A currency can have more value tomorrow Vs today if more people start using it without more of the currency being created in proportion. It's called deflation. How can a supposed currency (the US dollar) have less intrinsic value tomorrow Vs today? The Federal Reserve prints more money without a corresponding increase in the demand for that particular currency.
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  26. Put options are a great idea because they allow people to make money when stock prices go down without the unlimited downside potential of selling futures or shorting. It's like call options except whilst call options give you the option to buy a stock for the strike price within a certain time period, put options give you the option to sell a stock for the strike price within a certain time period. So, if the stock goes way down, you make a good amount of money. If the stock goes way up, you only lose a little bit of money. And if the stock price remains flat, you only lose a little bit of money. And the other party benefits too, because unless the price goes way down, they'll make money selling puts, and their downside is also capped. But calls are stupid.
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  27. No-one expects it to appreciate infinitely. Once enough people switch, it will stabilise. The crypto space is still a young field. And the dollar produces nothing of value, other than being able to buy stuff with it, which people will be able to do with Bitcoin in the future. And with Bitcoin, you don't have a government which can devalue the currency at will in order to benefit itself and key voters.
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  28. ​​ @Dave-nq6uy  Are you kidding me? Craig David, it's founder, claims to be Satoshi Nakomoto, but provides no evidence to back up this claim. And it drastically increased the block size, which improves transaction speeds and costs at the expense of security and decentralisation. The future currency of the world will probably be focused on security and decentralisation and have Layer 2 transaction networks like the Lightning Network. Like how currently, we have Fediwire, the secure but slow and expensive platform for large transactions, and we have Visa and MasterCard for smaller transactions.
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  29. ​ @alliu6562  The idea of growth is that we will use resources more efficiently and get more wealth out of them, not just that we will access more resources. Also there's a whole galaxy out there full of natural resources.
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  30. 7:15 But MSCI doesn't publish the composition of their indicies, so BlackRock could easily omit some stocks from the index and no-one would know.
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  31. 0:40 And Trading212 here in Europe
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  32. 12:40 Selling shares to pay dividends is a good idea if your company is in decline. Helps your shareholders to get more money out before it goes under. It helps if this is paired with an advertising campaign to attract new investors.
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  33. Stock buybacks are better than dividends most of the time. If a company does a stock buyback, then your stake in the company will increase just like it would have if it had paid dividends and you had reinvested them. Except you don't have to pay any taxes. Dividends are better when a company is overvalued; buybacks are better when it's undervalued.
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  34. ​ @OffGridInvestor Look at the date on your phone.
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  35. ​ @Frenchdefense9404 That can only happen if you don't transfer your funds out of the exchange wallet. If you transfer your funds into a private wallet, no-one else can access them.
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  36. ​ @Frenchdefense9404 That can only happen if you leave your funds in the exchange. That's why you should transfer your funds out to a personal wallet.
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  37. The reason this doesn't happen is because there aren't enough skilled active traders to actually cause stock prices to reflect expected future performance.
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  38. ​ @frieza2235 There's probably a broker out there which does YouTuber CFDs. You can get a CFD for anything.
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  39. Like he said, for most of their assets under management, they have to track an index so they don't have control, and they only hold a minority stake in most of the companies they invest in so they don't have that much voting power, and they have recently started passing their voting power on to their investors.
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  40. ​ @RahulJha-mc6nz  The difference is, everyone knows that Tesla currently has poor fundamentals, but people believe that Tesla will become more profitable in the future. Whereas the Adani Group is mostly value-based companies.
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  41. "No one should have to work longer than they want to." - Larry Fink, 2024 Annual Chairman's Letter to Investors Companies pander all the time. It's not some sort of secret conspiracy to rule the world. But what Larry Fink said is stupid.
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  42. Trading212 gives 5%.
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  43. Trading212 gives 5% interest on uninvested capital.
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  44. ​ @fsdds1488 Failing to reinvest dividends has the same opportunity costs as selling shares (or fractions of shares) does.
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  45. Like taking out a loan to buy a home and then using the home you just bought as collateral. Wait, that just sounds like a regular mortgage.
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  46. By that logic, you might as well just hold cash, since you don't want your money to be inside the company.
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  47. ​ @uncreativename9936 But selling when the stock price is down has the same impact as the company paying a dividend rather than performing a buyback when the stock price is down.
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  48. ​ @TheInternetEnzyme Yes, obviously. How it works is, whoever is selling stock when the buyback takes place sells it to the highest bidder, which is usually the company.
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  49. 2:06
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  50. Citizens United was a very important ruling. The government was trying to prevent companies from spending money to promote their political opinions. That was a clear violation of freedom of speech.
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  51. You can get "income at face value" through the cash flow statement. Look at the figure "net change in cash".
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  52. Get FREE MONEY when you volunteer at my company!
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  53. When I get investment FOMO, I just put a little bit of money in. That way, I'm exposed to the stock but won't lose too much when it fails.
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  54. But eventually, the company will engage in stock buybacks, so the company will be at the end of the chain. And with buybacks, your position in the company increases over time, so you end up with much more money than if the company had paid a dividend.
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