Investing in Your Financial Literacy

Ben, what do you think about fear&greed index in making buying decision? How useful it is for the long term holder?

Great video as always, but I'm afraid it's too heavy for those who need a helping hand on financial literacy.

I laughed so hard at the increased likelihood of cryptocurrency if someone is illiterate

Great video!

What a underrated chanel

A very nice video as always.

I feel attacked lol

I disagree re the second question. Doubling gross income is not equal to doubling net income!:)

Please keep making these videos. The world obviously needs them.

Does active managment ilclude algo trading?

Hi Ben,

Thanks for all your videos!

A nice topic for a new video would be currency exposition.

I live in Brazil ... we have a strong currency flutuation ... how should we deal with it considering our portfolios.

Thanks!

you have come up with a better topics for an acronym other than RINC to improve financial literacy🤣

Can you do it in italian? Need to show it my mum

Financial illiterate is easy for you to say. Or its the same thought talking about Financial Literacy.
Its the same with Computer Illiterates. I never called anyone at office or in public that they are Computer Illiterate. Or I never discussed Computer Literacy.

I called them economically challenged since their computer literacy or any education was not provided or guided enough.

ONLY IF Financial subjects were distributed appropriately across all educational levels. Then, maybe its a different world.

Financial Education MUST be taught like English Education. English is taught accordingly since kindergarten up to College to serve as global communication capability. Not to mention IELTS eligibility.

So HELLO to the Department of Education Of all Governments?? Shouldn't the time right enough for upgrade? They are the ILLITERATE Financial education guidelines provider of currriculum. Grow up so global citizen will not be called Financial Illiterate.

Or perhaps if you could create simplified financial videos appropriate for different ages? Then, a financial catalyst like you can help save financial strugglers turn financial survivor or reach financial freedom.

Hi Ben, idea for next videos. Volatility as an asset class and diversification benefits if it has against equity/bond portfolio

Ben Felix is a man of the people - really appreciate the perspective and consistency of content quality. A ton to think about in this one

Are you still going to make a video on how money printing is not inflationary?

Impressive video. This is the only financial/investing video I’ve ever added to my favorites. Bravo and thank you

This guy have no idea the work hes doing for the people that find this channel by random!!! Keep this good content coming

Hi, Have you ever talked about cash etfs such as HISA or HSAV? Seem like a good option for a fraction of the fix rate portion of an index portfolio along with bonds to reduce volatility.
I would love to hear your opinion.

He kinda looks like Cesar from on my block

Hearing about the results of all the studies, I wonder, has anyone checked if the participants actually read the questions?

I'm pretty sure highschoolers can get those questions right, lmao.

I save >50% of my income and know I should invest in S&P500 but I really want to buy first apartment as soon as possible Im already too late and lagging behind so Im afraid to put it in stocks for long term and instead hold cash or bank saving accounts, that lose my savings to inflation (20+% in my country) I know Im nowhere near able to buy a $200k apartment but I can't make myself believe that I wont have it for 10 more years so I can't mentally imagine locking up my money for that long. And I dont even want to put fraction of the money away cause what if I come up just that much short. Am I one of the illiterates?

Thanks big man Felix, I use ur videos as a great source of academic studies for my uni essays

Ben Felix is my favourite smart person. Make this man president!

If inflation doubles as my salary wont i be able to buy less staff presuming that i will be taxed more for my income?

Unfortunately, channels like this don't grow in popularity compared to 💩 of the Meet Kevin, and the likes.

Hey Felix i just saw u liked my comment so Imma try my luck and ask u a question. What government policy do u think would effectively increase financial literacy?

The thing that bothers me to no end is:
I want to pay off my house
But I prefer paying simple interest on a low mortgage rate and compound investing the money that would otherwise be paying the home off faster.

I'm instead going to pay additional principle as a component of my bond allocation rather than as a component of my stock allocation.

Smart? Dumb? Dave Ramsey would say. Being a slave to the lender, but I can't rationalize how paying off the mortgage at light speed would be the better option

Good one

if we want to invest in Financial literacy, what are the best on-lines courses to look at ? what would be your advice ?

@Ben Felix can you share the source of the modeling estimates suggesting that 30-40% of the wealth inequality can be attributed to differences in financial knowledge?

I'm not kidding when I say that the market crash and high inflation have me really stressed out and worried about retirement. I've been in the red for a while now and although people say these crisis has it perks, I'm losing my mind but I get it Investing is a long-term game, so focus on the long run.

Financial literacy = watching this channel = regularly buying broad, globally diversified index funds or ETF's and never selling them until retirement. Am I missing something?

I find this extremely worrying, as I do not consider myself financially literate by any means, and yet these questions were incredibly easy....

Ben excellent video., Can you imagine Ben going into the school system and educating the youth with this type of thinking. Instead of learning about some useless subject they could learn this super knowledge because money and good decisions matters more than some history event. The future of these kids would be much higher. Over confidence is very important and yes so does Fear of missing out.

The second question you buy less because of shrink flation for instance even if you make double the price of a bag of chips will be the same but the contents lower

I've learned everything from Mr. Money Mustache ;-/

Financial bullshit, is that a term Dr Fama coined? Lol Keep up the good work Ben

In Europe, the governments are collecting mandatory contributions and managing the pension funds. That may seem like an overreach, but at least it prevents financially illiterate people from shooting themselves in the foot and ending up on welfare. And that doesn't stop people to invest the extra themselves. Hail "socialist Europe" 😂

If these are the questions by which is determined if a person is literate...well, it seems as the bar is as low as the ground and people are still struggling to get over it. I would never consider someone litterate enough if he can answer correctly these questions, but i would consider them a special needs person.

The best investment one can do right now is investing on real estate though stocks are good but ever since I swapped to real estate, I've seen so much difference.

Q2... Unsure on this one.

Having had to take an engineering economics course in school played a pivotal role in my personal financial success, looking back I’m very grateful for this random event that help to shape my life. You continue to help me on this path and for that I’m very grateful.

Greatest decision of investing is providing the contemplatory influential respond from variation which comes as leverage and immersive governing

It helps if you know how to save, because you develop discipline. If you then start investing then you are less likely to be impulsive.

What would the source to improve our financial literacy?. Or even if you provide some course