Net tangible value or Net Working Capital is Current Assets (minus adjustments to accounts receivable & Inventory) - Total liabilities divided by outstanding shares.
Thank you sir! Your wealth of knowledge about investing is very articulately explicated in your videos! You and I both have 2 things in common; the passion for music -- specifically your guitar skills; quite the dexterity in your fingers there! Stellar timing in your songs coupled with an even greater virtuosic voice. Brilliant I say! However, do enlighten us with Investing 103 soon!
Hey, Thanks for the video. I am 16 and i want to start to invest my savings now and hopefully get into a career as a money manager or invester. I was wondering what kind of stock i should look for.
I started investing since I was 18, read Bejamin Graham, Phil Fisher,& Peter Lynch. Graham book is probably the best book on investing. I respect the old man the most. I created a website traderbuilder to make me a better investor.
Hello there, Ive just finished watching both of your videos and found them brief, but at the same time very educative, exactly the right stuff for beginners! Thanks for your great effort! Hope more is coming :)
I agree with you, since I have been studies. As famed investor Warren Buffett will tell you, is don't lose money. Also Buffett was a student of Benjamin graham. GREAT WORK! Keep it coming.
Thanks for the inspiration! I live 10 mintues from bay street lol yeah toronto! anywayz, I just started investing in stocks around a year ago, and I only did it in emerging market-china. Do you have any advice on emerging markets? It seems like china has an amazing economic growth over the past 5 years, and with the olympics taking place next year, the bull market are not suppose to end by then. Any thoughts to share? looking foward to your next post!
Please make more. I'm young and these two videos are valuable information. Many boomers are stingy with all the insight they've gained. You sir, are not one of them.
Please take these videos down and educate yourself before trying to teach others about "Financial Planning". Reading "The Four Pillars of Investing", as well as books by Swederoe, Ferri, Bogle and Schultheis would be good places to start. Investors would be foolish to buy individual stocks, which offer uncompensated risk (as a CFP you should know that). They should instead focus on low fee ETFs and mutual funds.
Geez...who died and made you the final and absolute arbiter of what people should or shouldn't know about investing??? Nobody is stopping you from buying ETFs or funds. What are you? a fund salesman? If you want to build your future on funds and ETFs go right ahead, but don't trying dictating to me or the other 1000 people who've seen this video. You have an opinion...go state your case and produce your own "educational video"
Ok, forget my opinion. But please do read a few books by the experts (see my previous post). "Unconventional Success" by David Swensen (head of the Yale Endowment) is another great one. Why do all of these books recommend the same thing?
Awesome... great to see a fellow musician doing good for himself and offering such great advice. I am but a wee lad of 18 and also a huge Beatle fan (I noticed your other videos).
You mean that Gene was fundamentally successful for technical reasons!!! There are many ex-musicians in the Finance business. Music and math are understood from the same matrix of the human brain.
I agree with everything you said 100%. But how can we find relatively safe investments that return 11%? Personally, I don't know anyone who can. And do you mean 'look for investments that earn 11%' or try to average 11% per year? Thanks. Great videos.
I agree 100% with everything you said! My question is how can people find relatively safe investments that earn 11%? I don't know anyone who consistently earns 11% on anything remotely safe. Where are the safe 11% opportunities? Are you saying a person should average 11% per year... or that he should look for investments that return 11% per year? Thanks. I think everyone should watch your videos!
Hello Heydanno. There is no 100% safe investment that currently yields 11%. However when you put a portfolio together of diversified investments 2 things happen. 1.) Your return is the average of all the securities within the portfolio. 2.) The risk of the whole is lower than the risk of the individual parts. So it is possible to earn an AVERAGE of 11% or better over a period of time. Say 5 years.
i totally agree but fear can also be a limiting factor in managing your portfolio. for example i recently purchased two stocks (ici and nt on the tsx) when they were around the 52 week low then sold them when i made a decent profit out of fear of them dropping. i wish i held on to them cuz my profit would have doubled if i kept them.
I have just watched both of your videos and have found them very interesting, I look forward to seeing you continue this series. Having just finished reading a book by Robert Kiyosaki called Rich Dad, Poor Dad, my interest in investing has been fired up. I hadn't expected to find something so relevant on youtube, but am glad I looked. I will look into the books you recommended as I agree, one can never know too much. Though its good to know when you know enough to start.
Net tangible value or Net Working Capital is Current Assets (minus adjustments to accounts receivable & Inventory) - Total liabilities divided by outstanding shares.
IncorruptibleTruth 3 years ago
Make your own video, it would make more sense than what you're writing.
SunShowers87 3 years ago
The single most important philosophy to investing is called the Margin of Safety.
IncorruptibleTruth 3 years ago
"All bull markets end." Ain't that the truth!
Darthbelal 3 years ago
Fantastic job, thank you!
Yurasik 3 years ago
Have a 3rd video coming out? Very informative and I enjoyed it very much!
von250 3 years ago 3
Are IRA's a good idea?
gumptboi 3 years ago
Thank you Brian.
Please keep on sharing your advices!
Ruiparapente 3 years ago 2
Thanks again.
eatsomedog 3 years ago
Thanks Brian, as a new investor this really helped me. I look forward to your next videos!
zaparoo 3 years ago
keep up the good work!! looking forward to 103! :)
Kashio 3 years ago
Thank you sir! Your wealth of knowledge about investing is very articulately explicated in your videos! You and I both have 2 things in common; the passion for music -- specifically your guitar skills; quite the dexterity in your fingers there! Stellar timing in your songs coupled with an even greater virtuosic voice. Brilliant I say! However, do enlighten us with Investing 103 soon!
saaranshshowkeen 4 years ago
I keep hoping to post my 3rd investing video but I'm very busy pondering the imminent collapse of our financial system
braxis2 4 years ago
thankyou brian im going to look into the books you recommended
Dannyjjango 3 years ago
I think there are a number of us waiting on pins and needles *because* of the dreary outlook forecasted.
Do you think investment will be a pertinent subject in the months to come? Or will people be simply focused more on survival in the here-and-now?
karinablack 3 years ago
Hey, Thanks for the video. I am 16 and i want to start to invest my savings now and hopefully get into a career as a money manager or invester. I was wondering what kind of stock i should look for.
LgAndInCharge 4 years ago
hey, castillio183 I have am not even 19 yet, I was wondering how are you doing now. Did you make it your career or no?
Thanks for your help
desisun 4 years ago
yep, prosperity to you too!
zsugiart 4 years ago
I loved the line "you dont gain wealth by working, you gain wealth by investing"
decline29 4 years ago 4
Whehe's investing 103 ??? ive been waiting for this video for months :)
ffleischer 4 years ago
Been very busy lately but i know i have an obligation to post 103 and i will...hopefully in the next week
braxis2 4 years ago
Thanks for the great video.
Peter7Paul 4 years ago
Jackie?
astroman12349384 4 years ago
Remember this: You don't accumulate wealth by working, you accululate wealth by investing. <-- That statement simply moved me.
jgizzy 4 years ago
because that's what you wanted to hear
benzbubblecat 4 years ago
Do you believe that statement is true, though?
jgizzy 4 years ago
Losing money pisses me off! That was funny.
bookoflove512 4 years ago
I started investing since I was 18, read Bejamin Graham, Phil Fisher,& Peter Lynch. Graham book is probably the best book on investing. I respect the old man the most. I created a website traderbuilder to make me a better investor.
dragonfire4u2 4 years ago
is there a third?
bttylee 4 years ago
Hello there, Ive just finished watching both of your videos and found them brief, but at the same time very educative, exactly the right stuff for beginners! Thanks for your great effort! Hope more is coming :)
Good look and bubye!
ffleischer 4 years ago
I agree with you, since I have been studies. As famed investor Warren Buffett will tell you, is don't lose money. Also Buffett was a student of Benjamin graham. GREAT WORK! Keep it coming.
ccross1655 4 years ago
Thanks for the inspiration! I live 10 mintues from bay street lol yeah toronto! anywayz, I just started investing in stocks around a year ago, and I only did it in emerging market-china. Do you have any advice on emerging markets? It seems like china has an amazing economic growth over the past 5 years, and with the olympics taking place next year, the bull market are not suppose to end by then. Any thoughts to share? looking foward to your next post!
Thank you!
supersuperfish 4 years ago
wow you rock! please more gems of wisdom! :)
earthlingdownunder 4 years ago
Please make more. I'm young and these two videos are valuable information. Many boomers are stingy with all the insight they've gained. You sir, are not one of them.
emceay 4 years ago
Please take these videos down and educate yourself before trying to teach others about "Financial Planning". Reading "The Four Pillars of Investing", as well as books by Swederoe, Ferri, Bogle and Schultheis would be good places to start. Investors would be foolish to buy individual stocks, which offer uncompensated risk (as a CFP you should know that). They should instead focus on low fee ETFs and mutual funds.
nicktc1 5 years ago
Geez...who died and made you the final and absolute arbiter of what people should or shouldn't know about investing??? Nobody is stopping you from buying ETFs or funds. What are you? a fund salesman? If you want to build your future on funds and ETFs go right ahead, but don't trying dictating to me or the other 1000 people who've seen this video. You have an opinion...go state your case and produce your own "educational video"
braxis2 5 years ago
Ok, forget my opinion. But please do read a few books by the experts (see my previous post). "Unconventional Success" by David Swensen (head of the Yale Endowment) is another great one. Why do all of these books recommend the same thing?
nicktc1 5 years ago
Awesome... great to see a fellow musician doing good for himself and offering such great advice. I am but a wee lad of 18 and also a huge Beatle fan (I noticed your other videos).
Can't wait for the next session.
losparanoias91331 5 years ago
I'm a little busy with RRSP season right now but as soon as the rush is over, I'll follow up with further "gems of wisdom"!
braxis2 5 years ago
As I watch and listen, (great stuff, by the way) I think about Gene Pitney and the fundamental and technical reasons for his success in the mid 60s.
bisonridge 5 years ago
You mean that Gene was fundamentally successful for technical reasons!!! There are many ex-musicians in the Finance business. Music and math are understood from the same matrix of the human brain.
braxis2 5 years ago
I agree with everything you said 100%. But how can we find relatively safe investments that return 11%? Personally, I don't know anyone who can. And do you mean 'look for investments that earn 11%' or try to average 11% per year? Thanks. Great videos.
heydanno777 5 years ago
I agree 100% with everything you said! My question is how can people find relatively safe investments that earn 11%? I don't know anyone who consistently earns 11% on anything remotely safe. Where are the safe 11% opportunities? Are you saying a person should average 11% per year... or that he should look for investments that return 11% per year? Thanks. I think everyone should watch your videos!
heydanno777 5 years ago
Hello Heydanno. There is no 100% safe investment that currently yields 11%. However when you put a portfolio together of diversified investments 2 things happen. 1.) Your return is the average of all the securities within the portfolio. 2.) The risk of the whole is lower than the risk of the individual parts. So it is possible to earn an AVERAGE of 11% or better over a period of time. Say 5 years.
braxis2 5 years ago
This is good.Thanks for your public spirit.
taumm 5 years ago
"Losing money pisses me off"... DITTO THAT.
Great video.
zigxxx 5 years ago
Thanks zigxxx. The better brokers use "fear" as their guiding principle, not greed.
braxis2 5 years ago
i totally agree but fear can also be a limiting factor in managing your portfolio. for example i recently purchased two stocks (ici and nt on the tsx) when they were around the 52 week low then sold them when i made a decent profit out of fear of them dropping. i wish i held on to them cuz my profit would have doubled if i kept them.
plantiumrocky 5 years ago
I have just watched both of your videos and have found them very interesting, I look forward to seeing you continue this series. Having just finished reading a book by Robert Kiyosaki called Rich Dad, Poor Dad, my interest in investing has been fired up. I hadn't expected to find something so relevant on youtube, but am glad I looked. I will look into the books you recommended as I agree, one can never know too much. Though its good to know when you know enough to start.
DraugaDae 5 years ago