 Hello and welcome to the first ever episode of the tea show I'm one of your tea guys one of your hosts of this new podcast Gabriel and Joined alongside me is T go number two pokey Bix. I like T gonna be your T guy number one as well Don't be yourself down like that So question you might be asking yourself straight away because I'll be asking this is what is the tea show Who are we what we had talked to you about and this is a first of its kind Podcast bringing you everything when it comes to trading personal finance Incredible guests anything you want to add to that? The best thing about is that we're bringing people from all places from the world giving you experience But I've gone through different experiences. We've got no young financial traders We've got powder journalists all come together in one place the t-shirt great place to be I'm so excited But again before we dive in I think another great question is who is pokey banks? That's a great question, you know have a personal class content creator Teaching in UK about personal finance essentially create a short form content for other people to understand and go through the phone and get in What about you Gabriel? How are you and was are you do firstly? I'm doing I'm doing great Thank you for asking very polite of you. I should have asked you that as well, but similar to yourself I'm Gabriel personal finance educator here in the UK Again teaching about a subject that isn't taught in school. Unfortunately here in the UK education on finance I would say is non-existent So I've gone to social media to try and share the knowledge that I'm learning as I learn it to the masses to hopefully You know level up the entire UK because it's such an important subject I mean I'd go as far as to say it's it's a taboo in this country right people just don't talk about it 100% and it's a shame because Speaking about it allows people to learn more learn from other people I like to know learn off other people so it's good that we've come together to create community where we can speak about Oh openly and get out there Love it. So Poku big question for you. What are you looking forward to about the tea show? I think more just seeing the wide variety of people coming in to give the expertise live and direct in the room It's just great to speak to people face-to-face and get to understand their journey and go through whatever they're going through in a short For what you though, what would you say for the tea for the tea show? Would you look into achieve and bring towards the people watching? I think we've got really like a high bar So I think we're both naturally like a set, you know our goals super high, but What my biggest goal with this show is is to just bring education to every level when it comes to Finance trading investing and just interesting topics Because like we just said a second ago, this is a subject not spoken about regularly enough So bringing it in this format in interesting formats with interesting guests interesting insights And I'm gonna go further than that and say as much as I want to teach everyone out there listening to this show about those topics I'm gonna be a little bit selfish and say I'm excited to learn as well I'm gonna steal the knowledge of these incredible guests We've got I'm so excited like over the coming weeks over some of the guests that we've got coming on and The knowledge that they're gonna share the things that I'm gonna personally learn Selfishly I'm buzzing for that, you know it completely makes sense And even as a currency trader myself, I can't wait to learn from the first guess We have you know, he's a trader a teacher of many, you know a worldwide speaker Vladimir Rybakov, I can't wait to get one here with the first guess. Who's next? Well after Vladimir, we've got some hot financial takes coming to us live from Felicity Hannah. She is a financial journalist. She's written in column written columns in places like the BBC Spin on Sky News, you know the independent the mirror Incredible publications and she's gonna be bringing us the hottest financial topics, you know from recent times and then straight after her Good friend of mine personally, we've got Noah Brielly coming on. He is an incredible content creator He has over two million followers across platforms and he speaks about all things that you don't learn inside the classroom If you're someone out there listening and you're thinking maybe I'm too young to talk or think about this topic Think again because he's gonna bring some incredible insights to the show. No, definitely. I can't wait. I've it You know what you're ready for the strike the tagline again. Yeah It's time to trade thoughts. Yeah, love it never gets old So back of the tea show we've got a wonderful guest Vladimir Rybakov, how you doing, bro? They have a fantastic thank you. It's great, you know for its trader Mentor 3000 world-wide speaker. Wow, how did it start for you? Spontaneously I was into I was young. I was trying different things trying to find my way in this world Luckily enough a friend of mine Invited me when they just started getting More and more popular Invited me to summer seminars and I just fell in love with it and since then I just you know Built building my my way into this world. Yeah, I want to I want to jump in here and Ask you overall from your whole experience if you could pick one takeaway one key lightning that you that you found What would it be? Fail and wake up and stand up again fail wake up from the dream because it's a dream right when you start you You are sure you were entering something that is as easy as that making money You fail you fall down. You have to wake up from this dream and under realize that it's not that way and stand up stronger More dedicated and keep going now that's wicked and off the back of that you speak about failures a lot Have you had big failures? Have you had some some good things you want to show? Or maybe not good things if you had some bad things that you want to share with us Just as like an experience and I will ask you about good things as well. I promise it's not all doing like anything in life experience it's How many times you you fail you fall down and how many times you manage to stand up stronger? Same with trading. I had many failures. It started with selling my parents the dream of I can do it because I didn't have any money So I convinced them to give me some money to start with Failed with that and below this money. It was the money that was supposed to go to my University degree And then the plans changed blew up many accounts I since then and That's my personality I fall I stand up and like trying to realize what did I do wrong? move Higher from there make it better Learn my mistakes and try not to repeat it again. Yeah, that's really really big and it's good that you You know practice on learning from your mistakes because if you kept winning you may have felt that you use the top of the world You may have felt that you could do anything but with those mistakes and those losses There is a sense of losses is turned into the person you are today So then with everything that you've learned and even you know for your students as well What do you say is like the biggest mistake where you see people know when it comes to trading out? Why do you say people fail? It's not one mistake, right? But It all starts with not understanding where I actually enter people enter the world of trading without any Real idea what it is about what I see is Beautiful the Instagram tiktok YouTube videos clips promising the skies deliver nothing And you know that you try that you figure out that that's not for me And you just left without the money so the trading world is full of these people so wrong Expectations of course lead the two wrong places. That's one thing second thing is not Properly dealing with these failures or the setback And everyone including myself including everyone and we will all we all have setbacks. We move up. We think we do well we Get to this point with an yeah now I'm untouchable and then the market surprise you every market catches everyone, right? We fall back. It's a setback and the question here is How well and fast can you recover from these setback? How well can you deal with that and? That's what separates the men and the kids in the world I want to pick up on something that you said briefly that so poker myself with both Educators on social media and not like yourself as well. That's partly it what you do as well And and you mentioned these traps on social media people who are you know being all flashy XYZ and at the end there's no promise. There's nothing at the end of it But also in a way that they're promising these results in this end place that sometimes isn't even real Especially for someone that's got no experience jumping in all this kind of stuff like you said flashy images holidays cars watches How are you dealing with that as you know someone who has been in the game for so long? And now is just seeing the impact of social media in a negative way. Well honestly With all the experience and probably from from my age now, I'm 40 that so it frustrates me in some way because I Love the trading world so much as Forex specifically. It's been good with me. It's been good with for my family And when I see this I was gonna say fake, right? It's a tough word, but it is what it is. It's fake promises It frustrates me. It gives the wrong impression for people. It's like, you know, you see Models, right and the little kids watch them like oh, I want to be dead and they have no idea How much they need to sacrifice to reach these places? Everybody see there's a final result, but not the whole way, right and It frustrates me because it causes people to do wrong things on the way I definitely definitely agree with it because I like to describe to people I don't know anything about Forex trading is there's a hard way to make easy money So it's all about making, you know hard decisions that can make you money while you're sitting on a laptop and watching a profit grow So in terms of Forex trading itself What would you say you look into in terms of what you trade specifically the specific pairs that you like to favor on? Well, yeah, he mentioned the forest. Well, I tried everything. I was trading options for a first About a year a bit less when I was working for private funds. I tried stocks, not my world And I never get a click Forex was very good for me from day one almost I'm a financial technician myself. So for me it all starts and end on the charts. I was always good with numbers I was always good with patterns and According to my wife, I was always be able to like an eagle eye to see something that others not even bother to pay attention to So I look at the chart and like it clicks it just clicks and like that's my moment That's that's my place and I'm not I'm not very picky on the instruments I'm not very picky on the time frames. I know many traders are and it works for them fantastic I just find the opportunity if it looks good on the chart it stands for the set of rules I have it's good for me. Yeah, it's really big seven for you You would say that if a wise What range instruments you look in that you have a set strategy. So is that more a swing trading? Well, yeah, I myself am more into the swing trading Which is funny. I started as a day trader When switch I Switched it's a different lifestyle. I was the young Dan and day trading back then 2006 7-8 was different It was different market condition today's moon many more artificial things robots and all that coming into play Back then it was, you know, you wake up London session. Bam, you know, you have your breakout You know your pattern you are there London session. So it was like very very mechanical at some point It was good for me. I mean, I was young. I was working specific hours then family and everything a different lifestyle. I love my piece of freedom and the quiet place, right and swing trading is different But very important to mention that could deliver more than day trading you are not as Sensitive to all the daily changes and the noise and everything you just let it go And patience patience pays off before we were asking you a lot of negative questions And we do like to balance it out here me and poker. We're normally quite positive guys So I also want to talk to you about the good side of trading More specifically, have you had any really good days some really good wins? Are you happy to share anything specific that has had like I did I did I had Terrible as we discussed before which taught me the lessons and I had the very good trades probably the best ones I had was 2006 7 it was forming a pound yen into one of the Most popular instruments for Forex traders It had such a beautiful pattern a classical pattern, you know today a lot of traders pitch this pattern, right? It it was just forming and I was following that for several months And then it just happened and like let's do it and was one of my better. It must my best rate. Sorry. It paid me about 1 to 4 Sorry 1 to 40 in a law in a total before total the result risk reward ratio So for whatever I risked back then was not so much back then but whatever whatever I risked. I got 40 times the reward. It was amazing so To get all that knowledge then, you know, I think we've looked up on you and used to working in a hedge fund Broker house. How was that? Like, you know key to where you got today and learning how to trade the markets I think it designed and defined who I am today. Well, you are exposed to so much I'll start with the broker house because this was my first exposure to the market It was lucky I managed to work for a broker house without any degree and I said like it because I didn't have any degree. I still don't They got me they gave me the chance I Paid my way there and you were exposed at some point. I was managing the exposure of the trading room and at some point you start to see like what people do in terms of position and I was I got myself in this place where I like How can I make money if I do exactly what these people do right and they lose money so something has to change and it changed my mindset completely and Since then I found a world of cycles and the technical board and I started to develop this techniques for myself and It lead me to make the decisions based on when people panic or people Start to get angry with everything happens in the market on people in simple words when people buy I'm looking for possibilities to sell and vice versa, of course, right and Of course with the years of experience you start to polish the specific times you get into the positions and then the hedge fund Yeah, it's Everything happens so quick there was mainly the options trading so it did teach me Where the professional traders hunt for The let's say not so professional traders where and it's it's it's visible you can sit on the charts I was then working with not real numbers in the market in the flow everything But it's visible in the church and once you are able to understand that you are able to protect yourself not to fall into these trips So yeah, I taught me a lot and probably Designed to find me. I was the culture there was it was it Wolf of Wall Street like but people like oh, yeah Was it was it like that when you were in there it was maybe not a housing yeah but absolutely it's It's there what I loved it the energy is amazing especially for young people But the pressure is always there Hour after hour me and after me there is always someone behind you right like watching your position like like what should I do and like Not everybody is able to deal with this thing. Of course those who are it pays a lot I was for fortunate lucky enough to make my money then and that would allow me to follow my next Desire and life I would say that's doing it for myself and Yeah, I step back from this world. It was a very hard decision. You know the money there is crazy But I'm very happy with it. So then I want to ask What would you say as you've been trading for a long time? What would you say is a key? For success to trade for such a long-term and how you can stay in a game and stay resilient and keep coming back the key Maybe it's a bit different from what everybody will say for me the key is being able to deal with boredom and pain in Some some places pain is because we all will have experienced losses if it's in life and if it's in money, right? Not everyone or majority of people cannot deal with it properly. It takes them to very wrong places so being able to deal with these painful moments of losing money of Having a bad streak. It could be a week could be months. Well, you have to recover. You have to stand up again and Boredom because trading could be very boring in time, especially we were talking about my swing trading before, right? It could very very boring. It's you and four walls. There is no one else with ID So unless you belong to some community unless You are doing it With some other members in the club, whatever, right? It could be very boring and with boredom boredom always leads to wrong things in in life And especially in trading you we start to do things we were supposed to do We are forcing things to happen. And yeah, it leads to mistakes I always think I should be in a trade, but you're right You always have to wait for the right trade and you don't always seem like a busy with the markets You know wait for it to come and you know perform and show the right strategy and the right One of the things sorry and tragedy one of the things I learned from one of the better traders for the hedge fund I work with Was exactly that is like he was able to sit there and say no to 99% of the opportunity Nah, not good. Not good. Not good. That's good. Wow. How do you do that? Like how how can why why didn't you say it and everything looked so legit on the charts, right? And he was able just as you say with tiktok scroll. It was scrolling on the trades. Yeah. Yeah and then at some point he was able to pick and Yeah, which time understood how he did it and if you are able like it like a good investor You don't put your money on everything you see the first thing you see, right? You are very picky where you put your money as investor So same with trading you have to be very specific and the conditions once once the condition met be there Over the years then would you say you've had to adapt and change? bits of a strategy, you know and adapt into different market conditions Or would you say the bulk of it is the same as when you started early on? Well, that's a great thing you I mentioned here that the bottom line is Financial markets from my point of view always war and will be the same because it's people people money when when money is involved people panic and people celebrate and usually wrong times so The emotions of people will always be there, but the market is different. Yes I mentioned before 2006 7 8 Before the big crush right if the market was then very predictable technically speaking and the patterns were very repeating itself today It's different a lot of machines are involved and of course the machines learn us and They learn us very very well and they know to do things in specific points in specific times That we are unable as people to react So it is different the market phase is different the market conditions are absolutely different now We don't compete against only one against the other. We also compete with a Artificial intelligence robots Automated trading solutions and so on so yeah, yeah, that's interesting to hear So then when it comes to looking for the right trade to execute How many like confluxes or Criterios you need hit before you can jump in the trade and say Well, I'm I'm my my technique is based on the multi-time frames I'm checking different time frames on the charts and if they are synchronized in a proper conditions Technically speaking It's good for me. I have the green light then to look for execution of a specific trade again based on specific breakouts or Pullbacks whatever the conditions are but it has to be synchronized of I am every time frame It's a different flow of money on the market So on a weekly time frame, you can see a flow of money for years on a daily time frame You will see flow of money on the last three three three years for example And the four hour you will see let's say last several months So the different flow of money and the conclusion is the same on all of them by or sale It's probably good So looking at the future a little bit What's interesting you what's getting you excited about this industry and I suppose where is most of your attention going? amazing question If you would ask it a couple of years ago Yeah, I would probably tell you just stick with what I do but now the world of artificial intelligence I Mean it entered our lives so fast and So strong everywhere everywhere you can you can see that you can you can feel that right if people talk about it apps everything and Same with trading so I am super excited to try and find my way in this new modern world of trading Last couple of years. I'm also focused on building my own automated solutions fully automated I was always like in a 95% automated, but supervised now. I believe in that with all the technology We have right now and the solutions were right now Could be a machine that Will do the things instead of me So does it scare you are you worried about AI kind of disrupting your ability to do your job? No Just excitement just excited look every every changes carry, right? and we've been Experiencing so many in the over the last two or three decades So with some point. Yeah, maybe it may be scary, but no, it's It's it's in our hands if we deal with it properly We can take advantage as he is society, right? We can take advantage of this Change especially as traders Yeah, it decides me to be honest take a look at Tick-Mail hmm, and you are the face of of tick mills new campaign What should people be excited to learn from you if they had to Towards your page well Again, I believe that the last couple of decades taught me important lessons And got me to some point of experience that I'll be more than happy to share And as we mentioned before the artificial intelligence right the combination here of the human experience And how you can interact with the market and find your opportunities Together with the artificial intelligence because sometimes, you know these solutions can point you to the place where you would not even bother to to check and When you combine that like there will be many aha moments for for traders And I'll be more than happy to Share and explain why These opportunities are great. I mean, it's incredible to hear that you're so excited about the future I mean personally sometimes I get a little bit worried myself, but like you said it's Change is always scary And it's it's for us to be excited and take initiative I mean poke have you taken any learnings away from from the way that Vladimir thinks about interacting with AI and trading. Yeah, no, it's very very positive I just like the fact that you like to prepare You know you like to plan for what's coming in the future and you know change is good So it's good to always be adaptive and always be on the front foot looking forward to make sure you can adapt to the new market Conditions or whatnot. So it's just great to hear from someone that's been training for so long that I have a career as well That's good as good as a future for all of us. No, and thank you so much for your time as well. Honestly, we appreciate it I've learned a lot Poke has become your ultra fire Thank you guys for having me. Yeah, big pleasure. All right and off the back of that incredible Incredible conversation and even speaking even more relevantly about learning about finance think about the future We have the incredible award-winning financial journalist Felicity Hanna Who has not only been featured in articles on the BBC Sky News independent the mirror I mean, this is just some of the biggest names essentially here in the UK But she is going to be bringing to us some of the hottest financial trends and topics straight to your ears on this podcast Hello, Poku and Gabriel It's great to be joining you tea guys because there is a huge amount to talk about this week lots of those big Global events that you need to know about because they could make a difference to your trades So I'll be looking at the latest interest rate decision from the Federal Reserve And what that means for you what it means for the dollar from a conflict to confidence will be checking in on What's moving oil prices and we'll find out why housing bubbles have developed a little bit of a slow puncture? Okay, let's start with the latest decision on interest rates from the Federal Reserve So the US's central bank chose to leave interest rates unchanged at five point two five to five and a half percent Now that is what the markets expected But the Fed did suggest there could be another rate rise before the end of the year and also the rates might stay High going into next year. Now those rate hikes certainly seem to be having an impact The economy isn't in recession, but there's not much froth not much buzz either So the labor market cooled. There was a slight uptick in Unemployment and it's a difficult balance for any central bank to strike just now when Inflation is still so far above target in so many different countries So we saw the European Central Bank just raise interest rates for a tenth time earlier this month But the Bank of England didn't choose to follow suit It held interest rates after 14 consecutive hikes over in China The economy has been weakening and that might explain why it went slow and steady and kept its benchmark rate unchanged Essentially central banks are trying for that Goldilocks scenario Not too hot because that might tip an economy into recession But not so cold that it doesn't bring down inflation Well, the dollar edged up after that Fed decision and that slightly more hawkish outlook for the rest of the year The dollar is currently on its longest winning streak in almost a decade And it's difficult to know is that just because the US economy is proving a bit more resilient than maybe was expected Or is it because of weaker growth across other economies? Okay, let's talk oil prices. They have been rising We've been seeing them inching closer to a hundred dollars a barrel in the last few days That's not happened yet so far this year But we have seen the black stuff surge in value by something like 30% since June Now that's partly because Russia and Saudi Arabia agreed to cut production But it's also because we're seeing rising demand in China and on top of all of that You've got conflict adding to that upward pressure So Azerbaijan is trying to take back control of the Nagorno-Karabakh region That particular region itself isn't a major oil producer But Azerbaijan is and so there are clearly some concerns that Political tensions or any possible change to the geopolitical balance in that area could potentially affect output We have seen some other pressures easing prices So there's that suggestion from the US Fed that rates might rise again before the end of the year That's cooled prices a little bit But a lot of analysts are still expecting a hundred dollars a barrel to be reached possibly very soon Now there's lots of growth potential in the green economy And here in the UK, the Prime Minister Rishi Sunak has pushed back plans to ban new sales of diesel and petrol cars by 2030 The deadline is now 2035 That's been condemned by Ford, it says it's putting the transition at risk It was welcomed by Jaguar Land Rover Whatever happens, it is worth watching stocks in those big EV manufacturers and their supply chains Because the International Energy Agency is predicting that almost one in five new cars sold in 2023 will be an EV And that reduces oil demand by something like five million barrels a day If you look at the Tesla share price, it's up more than 1200% since 2018 It's the largest EV manufacturer in the world No doubt the US's Inflation Reduction Act is playing a part in its growth, it's helping consumers with their purchases of EVs But over in China, they're also seeing massive growth in that sector In fact, it's starting to worry Europe, which is looking at how it can protect its own manufacturers But the Chinese market is innovating as well Just this week, the Chinese EV manufacturer in NIO unveiled a new smartphone that actually works with the car And you can even use the phone to tell the car to park itself So there's a lot going on in this market with or without government help Now is there a bubble in a housing market near you? Well, probably not because most of them, it turns out, are deflating Now this is according to the latest global real estate bubble index from UBS, the Global Investment Bank It says housing market imbalances are actually declining and now only Zurich and Tokyo are at risk of a bubble Having said that, there are still plenty of cities that it considers to be overvalued like Amsterdam, Hong Kong, Tel Aviv But those rising interest rates we've been talking about, geopolitics like the Russian war in Ukraine They've all had an impact and we're seeing a bit of a global slowdown in property That means there are fewer bubbles waiting to pop Or maybe it's more like there are quite a few slow punctures Well, Poku and Gabriel, that is all from me this time Back to UT guys in the studio Thank you so much to our incredible journalist Felicity Taking us through some of the hottest financial topics going on right now And we now move smoothly on to our next guest, Noah Hello, thank you, I'm excited to be here man Noah is an incredible social media sensation at such a young age Talking, you know, to all young people, all to all people for stuff about things that they didn't learn in the classroom Yep, exactly I've given you a short little intro Noah Could you give yourself a bit more of an expanded version? Who are you, what do you do, and why are you here today? Yeah, sure, so I'm a young person and I believe that there's a lot that school did not teach young people that young people need to be learning and kind of through my social media journey I've been documenting some of the lessons I've been learning along the way In building my business and learning about money and learning about certain ways to guide yourself as a person to be more approachable, to create more opportunities for yourself And I try and sort of pack these lessons into small 30 second one minute videos onto TikTok that the young people enjoy and I've been doing that since I was like 15 and now it's got to the point where it's my full-time job I do it, I work with companies, I work with certain brands I consult, I make ads for them, it's my main business really and yeah, I love doing it and just helping other people That's incredible, honestly we're going to dive into your career, let's even call it at this age but your career is a little bit later down the line because there's a lot that we can learn from that but one thing I want to pick up on quickly straight away is one of the subjects you talk about a lot is personal finance and there's a bit of like a rhetoric when it comes to speaking about money Firstly, it's a bit of a taboo in this country, we don't like talking about the topic but secondly, I feel like a lot of people, let's say they're in school or university don't think it's relevant to them just yet So why do you find yourself speaking about this subject so often and why are you so passionate about it? Well, personal finance is something that actually doesn't start when you turn 18 it starts actually from when you're a child and when you're talking with your parents unfortunately it doesn't but I think it should start really at an early age when you're a child I've always been very interested in like trying to figure out how much my dad earns or how much they've got invested or how much they have in their bank account and I guess over time the more I asked my parents of these things the more they started to become a bit more open in talking about them but I really think school needs to do more in sort of opening up the conversation like we would even ask our teachers how much do they earn they would never want to talk about it, how much do they invest they don't want to talk about it but really, yeah, I'm passionate about young people learning about personal finance as early as possible number one, because it would give them a massive head start in life like there are so many older people now that go, oh, if I had just known a few simple things when I was younger I'd be way ahead now and my eyes have been really open to this because time is a very important thing when it comes to personal finance if you just give yourself time, especially through something like investing you'll be able to grow your money better and better and better but also at a young age if you can learn certain habits whether that comes to your discipline with personal finance, budgeting, learning when to spend your money and when not to spend your money if you can build them from an early age with the little money that you do have it's like building a muscle so you strengthen it over time and those habits and skills that you learn from an early age will go with you through to later life especially something like lifestyle inflation is a very important thing for young people to understand because lots of people when they get their first job lots of my followers that I've seen who are fairly young they'll make their first bit of money in a business or get their first job and immediately go and spend it on something that they've been wanting like a new pair of shoes but if you can teach someone from a young age actually instead of thinking when you get money how can I spend this think how can I invest this they're going to do a lot better, a lot, lot better and it will make the world a better place if everyone's just a little bit more careful with their money that's what I think one thing I picked up on is you're quite young and you're earning quite a good amount of money do we kind of, can we take a look into the personal finance there with personal finance aspects of that so there's some investors what interests you, how do you look towards your future so I was of the mindset when I really got started of pump all the money back into the business, buy better equipment and it did help, I was able to buy a nice set up and use that as a selling point to different companies but to be fair it was mainly Gabriel pushing me because he saw how much money I was making he was like you've got to be investing this and you know you show me look if you just invest early on even if you invest quite a good amount because I can I will be so grateful in the future so actually since I've turned 18 I've got like a nice been investing so I can get the returns tax free just putting it into mainly the S&P but also sort of an ETF in India as well I like the idea of maybe trying a few different things and I've just been doing a couple hundred a month trying to just build that up my ultimate goal is I'm going to assess my finance and I want to put in maybe a good couple like in the five figure range into just some sort of investment that I can leave and forget about so when I'm older maybe 65 that would have compounded into millions I hope and because I'm young and earning the sort of money that I do I think if I just put that away it will do well since I've been 18 I've just been putting a couple hundred away into an ISA the reason I went for also an Indian ETF and just a collection is I've got some mates from India and my editors from India and I see a huge potential so I think if I just diversify into a few things it could do well and I don't even really tend to look at those sort of investments because I'm just trying I'm trying to go by the mindset of just forget about them let them be I also want to maybe start putting some money into a pension I know you do Gabriel I think because it is important and I guess also as a young person I was just constantly thinking about business, business, business, reinvest but I'm kind of getting to the point where I want to just make some good investments now to set myself up for the future just as a backup but I also want to enjoy myself so I'm not committing all of my money and making myself completely like eliminating all of the opportunities for travel and stuff like that so that's what I'm doing and then here and there a little bit of money that I'm willing to lose I like to put into some stocks I watch a few people on TikTok that talk about stuff made a little bit of money with a Barbie movie because I invested into Mattel but it's a minimal amount in comparison to what I make doing my normal business It's just great to see such a young person so invested in the financial future basically making sure that you're setting yourself for the best ways of success even the CEO of BlackRock Larry he mentioned that if young people were to take investing more seriously and looking for the long term an issue of retirement wouldn't be as a big problem for the next generation What do you think about that quote and how do you think we should I think it is a genius quote and retirement for a lot of people just seems so far away so they don't want to think about it but I do just like the idea of having that sort of safety blanket beneath you it almost feels like you're building your life upon a very stable rock where if anything goes wrong it's just nice knowing that you have that sort of money compounding beneath you you don't have to think about day to day but it will build up and definitely I think schools should just be teaching but the problem is the teachers don't really invest if you know what I mean they don't have a decent understanding of what it means to invest young but if younger people were more educated about investing then their lives would be significantly easier as they get older because you really see a lot of older people now struggle to retire So many people honestly are retiring so many people are working past retirement now I feel like the average person will not retire at retirement age anymore there are black cab drivers still in London that are like 75 because they can't retire so it's old man For sure, I mean if I was to ask you to just kind of give one sentence to young people like we said the importance of thinking about your future it's so far away when you're such a young age but it's so important that you do have some consideration So if you left one sentence one parting bit of advice to young people about investing towards their future what would you say? Well, think about delayed gratification the more you can delay now even just in the small things the bigger return you'll be able to get when you're older and time is your friend just let time do the work for you it's like time will be your worker so you can just let your investments compound you'll do well and you can relax when you're older so just sacrifice a little bit now delayed gratification and you'll do well in the future So as you teach many young people about personal finance and you speak and engage what do you say is the biggest issue they've noticed regarding them and investing and investing so I think the biggest issue for young people is number one they don't feel like they actually have the money to invest and it doesn't seem like a wise thing for them to do because they just want to focus on getting their money up in the short term not in the long term so what I say to them is you work at Sainsbury's maybe you earn £10 an hour just think about putting £2 away if you can of that it seems annoying in the short term because you're going to be taking a little sacrifice but that sort of consistent habitual patterns of putting money away will see you throughout your life and maybe the second one is it's very difficult for a young person to invest a lot of people have said that to me I shouldn't be investing even before I'm 18 you can invest parents just need to look at different options there are ways to invest before you're 18 it's very doable it's probably never been easier to invest because there are so many platforms out there so just look into it and it's really simple I want to add something off the back of that which is that people think investing is just for old people and rich people but like you said it's never been more accessible it's just do some education educate yourself it's easier than it's ever been before especially with us putting out on social media ways to educate yourself into this area but even if not that books, longer-form podcasts listening to this you're taking steps towards that so learn a little bit and start taking action even if it's with tiny amounts because it's not just for the rich and old it's for the here and now it's for the young and it's for everyone thank you so much Noah and a lot from you thank you guys, cheers wow, what a first t-shirt that was great to learn from Vladimir Noah let's talk about what we learned from each of the guests so for Vladimir what would you say you took the most from that intellectual conversation Vladimir was great but there was one point that he kept on bringing up again and again and it was the saying of the failures is what has built his success and I feel like we overlook that we think of that as a passing comment all the time but really everyone wants to succeed and it's like no he's had to fail so many times to get to where he is and that's basically where he's learned all of his lessons and the fact that he brought up that point so many times I think that stuck within me because even I'm scared of failing I hate it but when people keep talking about it like it's a good thing it starts to switch on mindset a little bit and I think that that will be my biggest takeaway it's the same because just feeling my arms are poking it's just helpful for someone young like myself just to understand but I should keep going stay resilient keep going because again on the other side of the edge that's where money resides so as long as I keep going go through the fear and all sorts I can definitely get to where I want to be it's going to be easier said than done right we're taking all of those failures like he's spoken about it's crazy but listen I'll keep thinking about that and I'll keep taking that forward definitely and then with Noah what would you say you learned the most in that conversation? even though he's so young I think that his drive to just put things out there and educate inspired me that's kind of the reason why I do what I do but to hear someone even younger than me saying that it would be more impactful for him to make 100 people take a change or make a start than having a viral video it's like to have that mindset shift at a young age is so powerful and will take him so far in life yeah it's powerful the fact that he's able to teach other people in the UK just how to manage their finances and it's helping us because we all have a collective goal right so it works that way if someone gets familiar with personal facts from his videos when they reach my videos they already know so it just helps the whole ecosystem so it's great I mean that was just episode one Poku I mean wow if that's what we've learned already we're in for a good ride here do you want to do it? definitely in for a good ride because actually for the next episode our first guest speaker Karifu for his career from Singapore she's also a YouTuber author, speaker and an investor also got Greg Davis who is a financial behaviour scientist do you know what that means? I mean yeah understanding how people react and we can learn a lot from that yeah and the crazy thing about Greg is that he's going to be bringing wine tasting into our financial knowledge I mean a bit confused I was a man Poku's like I need a glass of wine so that's what we've got coming up in a couple of weeks yeah and also make sure you look go to try.tiknow.com where our earlier guest can give you all of his expertise and you can see what trades and picks he's taken from the AI on the platform smooth alright you're ready for this outro because we've been waiting to do this for a long time alright we'll see you in two weeks where it's time to trade thoughts let's go what an episode screw it