All language subtitles for 1. What You Will Learn in This Course-en_US

So investing isn't as complicated as you would think, but there's a lot of things that you need to

know to be able to do it appropriately.

So first of all, what are we going to learn in this course?

Well, to be able to invest correctly, you need to first learn about the investment products that are

available to you.

So we're going to learn about all of this, going to learn about stocks, what our stocks we're going

to go in depth in stocks because that's going to be a main part of your investment portfolio.

We're going to learn about bonds.

A lot of people don't think they need bonds and their portfolio, but we're going to see that bonds

are a good component to portfolio for a lot of people.

Depends on the person.

But we're going to learn about bonds and how they work.

We're going to learn about gold.

So I put commodities here, but the only product we're going to look at is actually gold, which is

a very good component to some more advanced portfolios.

So we learn about the investment products.

Now, you might not invest directly Trudi's directly to them.

What you want to do is you want to learn about different investment vehicles as well.

What are investment vehicles?

Is the way that you're going to invest through these products so you can invest to the underlying assets

directly?

You can buy stock directly and we're going to look at that.

But you can also invest from mutual funds.

We're going to look at mutual funds open and close then, and we're going to see the fee structures,

how they work, how they compare to other products like index funds, which track and index.

Now, if you don't understand what these are, by the end of this course, you're going to understand

them.

Exactly.

And we're going to look at ETFs and we're going to compare these investment vehicles to see how they

performed historically and how you can use them to build a portfolio that suits your needs.

OK, so now that we we're going to understand in depth all of these investment vehicles, well, which

investment vehicle is better for you and how much of each investment vehicle should you have?

And that's what's going to bring us to portfolio management.

Should you have a traditional portfolio?

What's the asset allocation that you should have?

So what's the percentage that you should have in stocks and bonds?

In which sector?

In stocks?

All of these things we're going to talk about and then we're going to talk about, well, maybe you

want to have that portfolio or one of these more modern and popular portfolios that you hear about recently.

Again, it's going to depend on you and we're going to give you the options of these different portfolio

types, and then you're going to have to decide for yourself which approach you want to have.

Do you want to have a passive approach, basically, meaning you build a portfolio and you just have

an investment each month that goes in that portfolio.

And you can have a very, very passive approach where you're taking a investment vehicle that's already

extremely diversified, that has a lot of things in it already.

And each month you're just buying a little bit of it.

So it's extremely simple.

The amount of work you have to do is very, very low, or you can have a more active approach where

you want to decide on the specific sectors you want to have.

You can do rebalancing, reallocating, capital, reallocating, and you can be way more active.

You can select your own stocks.

So it really depends on you.

And both approaches can be good depending on the type of individual you are.

We're going to look at that and we're going to look at the types of returns that different approaches

might have had historically.

But even if you are deciding to invest in mutual funds where somebody else is doing all the work, that

it's a professional manager.

You have an investment adviser.

He's telling you by this mutual fund, you're buying it, you're investing through it.

This course is extremely important because you want to be able to read the the mutual fund prospectus

and know what's inside of it.

What are the fees?

What are you doing?

Because there's different types of mutual funds, which when you get can have a huge impact on how much

money you're earning in the long run.

So even if you decide to have an investment approach that's extremely passive, which is highly recommended

anyways for most individuals, then understanding all of these things is extremely important as well.

Because in your selection of which mutual fund or index ETF or whatever you're going to decide to purchase,

which you're going to be able to make a really good decision on what you want to purchase by the end

of this course, you will be able to save a lot of money and increase your odds of success by many folds.

OK, so that's how we're going to be learning.

And trust me, I've made this course in a very fun way.

So because there's lots of things to learn about ETFs, well, you need to learn about stocks and to

learn about index funds.

You need to learn about stocks and to learn about, well, you need to learn about index funds.

And there's a lot of back and forth here.

But I've made this course in a way that's a.

Very intuitive where we go from one product to the other, and by the end of it, you're going to really

understand everything.

So that being said, I'll see you guys in the next lecture.