Happy Friday guys! Today I thought i'd cover the recent decline of the S&P500 which has sold off c5% since the start of the month, and some of the main factors at play that may have been catalysts for this pullback in market prices. Be sure to let me know what your thoughts on down in the comments below! Remember to also pick up your 1 free share on Trading 212 valued up to £100 using this link: trading212.com/promocodes/MITCH

Recently bought some recommended stocks and now they are just penny stocks. There seems to be more negative portfolios in the last 3rd half of 2024 with markets tumbling, soaring inflation, and banks going out of business. My concern is how can the rapid interest-rate hike be of favor to a value investor, or is it better avoiding stocks for a while?

@KaurKhangura

Ай бұрын

Just ''buy the dip'' man. In the long term it will payoff. High interest rates usually mean lower stock prices, however investors should be cautious of the bull run, its best you connect with a well-qualified adviser to meet your growth goals and avoid blunder

@Pamela.jess.245

Ай бұрын

I wholeheartedly concur; I'm 60 years old, just retired, and have about $1,250,000 in non-retirement assets. Compared to the whole value of my portfolio during the last three years, I have no debt and a very little amount of money in retirement accounts. To be completely honest, the information provided by invt-advisors can only be ignored but not neglected. Simply undertake research to choose a trustworthy one.

@NicholasHarmon-ow3jl

Ай бұрын

Impressive can you share more info?

@Pamela.jess.245

Ай бұрын

There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Colleen Rose Mccaffery” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.

@NicholasHarmon-ow3jl

Ай бұрын

Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon.

Would you consider a core S&P 500 etf portfolio & the 4% rule as an alternative to dividend investing?

@amgengroup5352

2 ай бұрын

A Core S&P 500 is ALWAYS a great idea, but for someone looking strictly for dividends, which was this example, I felt we got a lot of MSFT, AAPL and other top S&P 500 companies from some of these ETFs. Personally I put down 2.5m$ on few ETFs, still diversifying. it was this time last year I made my first million with a liquid 200k. handed it to a trader here in CA, I get weekly pay out which I put back on long term ETF's. Google will be a huge buy for me when the market bottoms.

@daloriscutone6380

2 ай бұрын

Good picks, Smart strategy for beginners, Please share this Expert with me.

@amgengroup5352

2 ай бұрын

She is Katherine Elizabeth Humphreys look her up online

@jasminemccumber4694

2 ай бұрын

I've known Kath since my early days as an investor. She trades for me and advised me to diversify dividends to 50% FXAIX, 25% SCHD, and 25% QQQM, which has been great. I highly recommend her.

@harlibassham8187

2 ай бұрын

Good buys, 50% FXAIX, 25% SCHD, and 25% QQQM. this diversification is FIRE she definitely knows what she is doing.

I foresee a recession lasting 2-3 years, and if inflation continues to surge, the Federal Reserve will likely raise interest rates soon. Inflation is causing various issues worldwide, such as food shortages, scarcities of diesel and heating fuel, and significant spikes in housing prices, leading to a potential financial market crash. This global downturn could have long-lasting repercussions. Given the current inflation rate of approximately 9%, my main worry is how to optimize my savings and retirement fund, which has remained stagnant at around $300,000, yielding almost no gains for quite some time.

@MickyGlover

2 ай бұрын

Numerous opportunities exist to achieve substantial profits at present, but executing high-volume and nearly flawless trades requires the expertise of real-time professionals with an ISDA Agreement. This agreement allows investors to participate in sophisticated trades, exclusive to seasoned individuals, and unavailable to amateurs. Attempting to be a high-stakes trader without an ISDA is akin to trying to win the Indy 500 riding a llama.

@Kaustavpatell

2 ай бұрын

I'm sure the idea of an invstment-Adviser might sound controversial to a few, but a new study by Motley-fool found out that demand for Financial-Advisers sky-rocketed by over 42% since the pandemic and based on firsthand encounter I can say for certain their skillsets are topnotch. I've accrued north of 580k within 16-months from an initially stagnant Portf0lio worth 85k.

@frankedwardark

2 ай бұрын

Inflation is over 10% here, but as we know it's definitely way more than the Government would like to admit. My plan is to earn more passive income and ride this out, can your Investment-adviser assist?

@Kaustavpatell

2 ай бұрын

Well, there are a few out there who know what they are doing. I tried a few in the past years, but I’ve been with Michele Katherine Singh for the last five years or so, and her returns have been pretty much amazing.

@frankedwardark

2 ай бұрын

She appears to be well-educated and well-read. I ran a Google search for her name and came across her website; thank you for sharing.

It’s been declining the last few weeks because I invested into it just a few weeks ago 🙄

@MitchShoesmith

2 ай бұрын

Haha always the way! Stick with it dude, I’ll be buying in again on my portfolio update next week!

@Madmak121

2 ай бұрын

Same😢

@jmcooney2000

2 ай бұрын

Same! 😂

@icehotgaming

2 ай бұрын

Yeah I just started investing a couple weeks back too, a friend convinced me this was a good idea, but so far all I'm seeing is loss... I even told him at the time that I can guarantee once I put money in, the stock market will crash lol! Would have been better sticking with my cash isa!

@tone.1

2 ай бұрын

I did exactly the same…I thought I broke the stock market 😢

I had initially planned to retire at 62, work part-time, and save money, but the impact of high prices on various goods and services has significantly disrupted my retirement plan. I'm worried about whether those who experienced the 2008 financial crisis had it easier than I currently am. The volatility of the stock market is a concern as my income has decreased, and I fear that I won't be able to contribute as much as before, potentially jeopardizing my retirement savings.

@user-qf1oe8el1k

2 ай бұрын

The increasing prices have impacted my plan to retire at 62, work part-time, and save for the future. I'm concerned about whether those who navigated the 2008 financial crisis had an easier time than I am currently experiencing. The combination of stock market volatility and a decrease in income is causing anxiety about whether I'll have sufficient funds for retirement.

@JoshuaAltom

2 ай бұрын

This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800,000.

@RobertFarley532

2 ай бұрын

Mind if I ask you to recommend this particular coach to you using their service?

@JoshuaAltom

2 ай бұрын

Leticia Zavala Perkins, a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.

@AngelMark-mk5sv

2 ай бұрын

Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.

Reflecting is another word for panic. No changes to my portfolio at all just continuing to DCA as normal and hoover up a few cheap units of VUSA and VWRL.

Perfect. I have just started buying the stock :)

What about VWCE? im from europe and trade with €

When the US falls, everything falls. Looking at the VWRP (Vanguard All world) and comparing it to the CSP1 (Ishares S&P 500), you can see they both follow each other almost identically during the downturns, while the S&P 500 has a much higher upside potential. Either way, pick your poison, but i'm sticking to 100% US allocation. If i were to pick stocks (which I don't ), there's no way i'd have more than 500, or even 50 open positions at a single moment in time and the stocks that I would pick would most likely all be quality US companies, that's why I believe the S&P 500 is all you need and by buying into an All World fund, you're only buying the US but with a bit of international, just for the sake of "diversifying" and those international companies you're gaining exposure to, you wouldn't even buy anyway, because many of those are just not great (quality wise). So yeah, i'm quite against an all world fund, but each to their own.

@MitchShoesmith

2 ай бұрын

Yeah it’s a fair point, a lot of these all world funds have c60-70% allocation to the US stock market anyway!

@boyasaka

2 ай бұрын

That’s cos about 60 percent of the vanguard global all world is stocks in the s and p 500

@DarkoFitCoach

Ай бұрын

100% and thats how i look at it as well. S&P500 for me for life. nothing like and and as warren buffet always said: betting against usa has been a very bad idea for the last 240years. america just works

that’s good, a nice discount right before the halving.

Hi Mitch just been doing your course online in which you mentioned about S&P a better and good and cheaper one but when the market is responding like this what’s your opinion as I have never traded before I want to start in which one would be best and also I am student I am not seeking for big investments at the moment too

@MitchShoesmith

2 ай бұрын

Hey, for me I’ll just continue cost averaging into the market every single month

What do you think about Nasdaq 100? To risky to invest into ?

Great video, Mitch 👍 Lets hope the dip stays until payday haha

@MitchShoesmith

2 ай бұрын

Thanks mate! Yeah tell me about it, couple more days and I’m in! 😂

@Jmzzable

2 ай бұрын

Same as me 🤣

Great vid Mitch, for me the stock market is like shopping in a sale, discount share prices! Additionally, I always dollar cost average, that way I minimize risk.

@MitchShoesmith

2 ай бұрын

thanks dude, completely on the same wavelength. It's nice to see the market move higher, but I equally enjoy it when prices come down and you can get some discounted stocks!

I think its correcting itself, the last time i saw a rise so high was when it hit 4600 and then it corrected to 4200

@MitchShoesmith

2 ай бұрын

yeah certainly part and parcel of a normal market cycle!

I couldn’t care less if it drops right now. Excited to buy more shares for my money on payday

I think this is a shorter term decline after a long bull run, even without some slightly negative economic data a pull back was inevitable. I have de-leveraged my portfolio and increased emphasis on sectors that remain bullish.

Early this week! Always love your content Mitch! I'm all about the VWRL! VUSA is too concentrated for me 👌👌👌

@MitchShoesmith

2 ай бұрын

Video was ready so thought I’d put it up 😆 yeah even though I don’t invest in it I do like the VWRL for that reason!

So how long should we wait to buy more ❓

@jvfresh3053

2 ай бұрын

nobody knows..you'll never get a correct answer to that. timing the market is a losing gaming

@curt3494

2 ай бұрын

Just buy every month, after you've been paid.

Should I sell half and dca

@Madmak121

2 ай бұрын

Maxed out isa

I'm just about to start investing, is it worth waiting to see if it drops and then investing.

@DarkoFitCoach

Ай бұрын

no, that would be timing the market and if warren buffet cant do it, how can u?

Multiple interest rate cuts are not on the table this year so the market is pricing it in. Inflation in America is sticky at the moment. I’m only gutted that I don’t have any spare cash to pickup the discount.

Cash flow is king, I do dividend stock only. Market up or down dividends flows and reinvested, I don't have to sell shares 10 years from today. Just trust the process, buy quality companies and DCA and you will appreciate.

@Al_Eth

2 ай бұрын

Most fast growth stocks don’t offer dividends but have fast share appreciation that actually beat money printing and inflation. Bitcoin miner stocks, and stuff like MSTR & COIN will outperform most stocks. But I wouldn’t recommend long term holding stocks. Sell in the bull and buy in the bear market

Thanks Mitch, great video as always 😎 Sticking to the plan, investing regularly in ETF and ignoring the price on a day to day basis, whether up or down. Over a long enough horizon, the direction of travel is only one way 📈 Always appreciate your content mate 👍

@MitchShoesmith

2 ай бұрын

With you on that Adam! Amen :D

Good point.. the market has been crazy lately, a few surprises here and there.. with all the global happenings taking place I think it's safe to say that a severe global recession is looming..

Panic, sell everything, stocks should only go up

Just keep investing

@MitchShoesmith

2 ай бұрын

Couldn’t agree more!

yes exactly!! why on earth the sudden bear pit? there needs to be an S&P 473 to sack off magnificant 7. everything else seems to be fairly stable, but these big boy stocks bring the whole index down.

@InvestingwithDan

2 ай бұрын

There is, it’s called the S&P 500 equal weight index. Has actually performed identically since 2004 inception. And up to 2021 outperformed the standard index! I mentioned it in my latest Video . Shameless plug 😂

@nax1807

2 ай бұрын

@@InvestingwithDan amazing, what's the ticker symbol??

I hate how the market always go down when I run out of money. Always missing out on this opportunity

Just a correction time to buy more

@MitchShoesmith

2 ай бұрын

Agreed!

I just see it as an opportunity to buy it at a discount. Nice that it goes "on sale" from time to time!

@MitchShoesmith

2 ай бұрын

Yeah completely agree, I’ll be investing next week in my portfolio update 👌🏼

Hello Mitch, I've just looked at a few notes I made, just for my own interest at the end of 2019. I made a prediction, by the end of this year the S&P 500 would be around 4850 I based that on past historical data, I don't think we'll be to far away from that figure.

@MitchShoesmith

2 ай бұрын

Hey Scot, thats a pretty good prediction from 5 years back, fair play!

Im all in on VUAG

@MitchShoesmith

2 ай бұрын

love to hear it!

@Black-Circle

2 ай бұрын

@@MitchShoesmith balls deep in fact 😁

@MitchShoesmith

2 ай бұрын

@@Black-Circle 😂😂

@boyasaka

2 ай бұрын

Diversity Don’t put all your eggs in one bag Like u have

The more it goes down, so more shares i can buy :)

Im really not sure what should do here i Just (2week ago) put 4k into invest engine and my chosen ets where vanguard ftse all world, vanguardsl ftae develop world and I share s&p500 technology. At 40,40,20% i also set up 300 per month auto payment to these shoud i re think this and re plan.. its scary when dont understand

@DrDre999

2 ай бұрын

The answer to what you should do is NOTHING. Don't be put off by the dips. Investing is a long term strategy, the dip will eventually correct itself even if it's over a period of months-years.

@stevenjackson9721

2 ай бұрын

I'm not overly concerned in dip tbh as I do understand it long game. But it's more my selected funds may be a bit unescaary/ to similar

@lupin8750

2 ай бұрын

@@stevenjackson9721Just understand that you have a heavy weighting towards America by buying the big stocks essentially 3 times which will decrease your geographical diversification

@James-er4si

2 ай бұрын

I have 30% of my portfolio in IITU and was thinking the same thing about being over exposed to tech. Those thoughts only enter your head when the stock falls though!

@luisricardo13

2 ай бұрын

The only thing I’d say about your ETFs is that I suspect there may be quite a bit of overlap - I think those indexes cover a lot of the same companies. It could work in your favour but it is riskier. I try to invest in ETFs that don’t overlap each other too much .

My portfolio performance is so bad I don’t really have much choice other than sticking with it 😬

@MitchShoesmith

2 ай бұрын

What are you invested in?

@dtlittle8

2 ай бұрын

@@MitchShoesmith I’m the only person on the planet to be down on my initial NVIDIA investment 😂 AMD, PLTR, SMCI, PYPL, MSTR, Tesla all down -20% on initial investment. Apple, Amazon, MSFT, SOFI, AVGO all down. Meta and Google are my only positive individual stocks that are up by a whopping 1% 😄 I’ve only really started this year. I completely get the long term mentality. It’s just never an easy pill to swollen when i was about a month behind to the party from being up or level 😬

I will not do nothing I got my savings in funds and EFTs. 10 % in EU, 45 % in India 45 % in USA.

Stock market’s historical performance estimate that over time, the payment (and reinvestment, and compounding) of dividends have contributed anywhere from 30% to 90% of the S&P 500’s total returns. I want to spread $400,000 into profit yielding dividend equities but unsure of which to get into.

I hope it drops for others right when they need it.

2:05 🍎 🍏 🍎 is DOWN actually YTD at (-11.12%)

@MitchShoesmith

2 ай бұрын

Yeh rough end to the week!

I went all in when it was at its almost all-time high 😢

@MitchShoesmith

2 ай бұрын

It’ll hit all time highs again! Stick with it 💪🏼

@martyscott1974

2 ай бұрын

Me too

@conkersdeepful

2 ай бұрын

Same. With a large sum! Trying to hold my nerve.

Because markets are allowed to go down sometimes

US Election years tend to have on average 15% drawdowns

@MitchShoesmith

2 ай бұрын

interesting stat!

Ai bubble has bust looking forward to sum bargains happy days.

@MitchShoesmith

2 ай бұрын

Yeh certainly appears so, at least for now!

@aerial558

2 ай бұрын

@@MitchShoesmith I made mistake with TSLA 3 years ago I wouldn’t do it again? I am going to be more cautious next time 😀

US stock are looking expensive. Other regions are much cheaper and offer much better value. Im staying diversified in global trackers

@InvestingwithDan

2 ай бұрын

Have you seen the S&P 600 or 400 or even the S&P equal weighted etf? All of these indexes are lower than in 2021. There is plenty of value in the US outside the big 7

@Black-Circle

2 ай бұрын

Lol. Like UK stocks that have gone nowhere in 30 years

@mrg8537

2 ай бұрын

@@Black-Circle There are markets other than the UK. The UK has a lot of dividend paying stock, so you need to look at total returns

@mrg8537

2 ай бұрын

@@InvestingwithDan unfortunately all the money gets sucked in to the S&P 500

@Black-Circle

2 ай бұрын

@@mrg8537 dividends are over rated

When Us goes (big time) they all go

Go crazy and sell everything man!!

@MitchShoesmith

2 ай бұрын

Can’t say I advocate this 😂

Quality video one again

@MitchShoesmith

2 ай бұрын

thanks Owen!

Who cares wake me up in 30 years

Looking forward for sum bargains 🤣

NVIDIA hype train is also not very choo choo rn

@MitchShoesmith

2 ай бұрын

Yeah big sell off today!

@ComfortZoneComic

2 ай бұрын

@@MitchShoesmith noted, ty...I'll read up on it

Market goes up, market goes down. It's just numbers. Just keep on putting regular payments into the markets and reap the benefits when you're at your midlife crisis and ready to buy the soft-top Porsche and wig that you've suddenly got an urge for😁

THE S&P500 PE is now 26 and not 31

@MitchShoesmith

2 ай бұрын

It is if you don’t inflationary adjust it, the figure I showed was inflationary adjusted to give us a accurate comparison to historicals

I invested 10k just before it declined. Bad luck :(

@paulpo540

2 ай бұрын

SAME

@MitchShoesmith

2 ай бұрын

Time in the market is more important than timing the market, stick with it!

@paulpo540

2 ай бұрын

@@MitchShoesmith it’s for 20 years time nothing to worry about

@kateasheley7404

2 ай бұрын

Yea same here 😂

@Mint-kj9kw

2 ай бұрын

​@paulpo540 Why???????????? There will be a 6 mos civil war after the US elections. Both markets will crash. 2025 will bring a DEEP recession. Why not wait for sales next year?????

coz stocks go up and down... lol

The S&P hasn’t earned anyone any gains since 2008 and present. Your fiat has loss the same in value. 😂 You are being hoodwinked.

@jaminnooh

2 ай бұрын

not really, people that have knowledge, knows that investing is also a way to combat inflation. Many invest bcs of the inflation not to gain.

Bidens economy

I hope this crashes all the way to the bottom. DCA all the way down and DCA all the way up