Today i am visiting. Maxim temchenko personal finance coach investor all episodes podcasts easy money. You can see on the site of channel one from your real stories, maxim with what people come up with minds, im not asking about the Success Story now. Yes, there is 1,000 rubles. And now hes a millionaire, and the real story. Thats when people will really make it part of their income. With what amounts they started and how long it will take them to come to this, ill tell you. So the question about investing begins when there is an accumulation amount of 100,000. I directly noticed this is the bar from 100. 000 rubles. Where are people starting to invest . I have 15 seconds. How much do they spend per month . Well, from 100, also relatively speaking, you must accumulate the amount mentally. Yes, mentally the amount of their monthly expenses. Well, yes, income can be any, by the way, a very important point. I recommend. Well, just from experience , it is the accumulated money that can be invested. Easy money that came. Well, conditionally there, not for inheritance, they received some kind of treasure there. Yes, he received a bonus of 100,000. I have 100,000 extra im going to invest. I categorically insist on investing with ease exactly had to. And when you save up, you save up, youre going to collect money, then they, well, as if they were more like their own, more relatives and more to them, uh. Well, such a feeling for the safety of the russian people and such a fairy tale , remember how rich dad tried to teach his son to work and gave him away. Actually in the village. Where are you at work. Yes . Well , since everyone knew him there, like from the very first guy there. Millionaires of the merchant in the village, it is clear that the boys did nothing, a month later they gave him a golden bow with respect. Heres a father to it all looked, said, lets go come. He takes them to the bank of the river, it is golden and throws it into the river. Well, the boy calmly accompanies him. Yes, the golden one flew away, then he took him to a neighboring village to think, because everyone here knows, but there, too, it is already full of rumors. There, too, the boys do nothing. A month later he was given a golden one, his dad threw him into the river in the same way, his son saw him off in the same way, then he was distracted. Here , far away, there, in the farthest place, where no one knew about him at all, and there the boy was flogged, as if all the way, a goat, he got up there and milked the cows in the morning, cleaned there, dug the crops there, he smeared his hands there and so on, and in the end, when you listen, well done guy. Yes, he is golden too. And when this time dad took the gold one, he wanted to throw it away , his son clutched his hand and said, no, dad is gold. I got it very expensive. That is, in fact. Eh, thats how it feels. As you said, that is , having accumulated, having accumulated your monthly expenses, budgets for you or for your family, will you relate to this money . Seriously its up to you. Here, mentally, is the very basic Risk Management criterion that will not allow you to easily part with this money further. I have another small one. Here, uh, to where to start here is investment education. I would divide the investment into two parts namely training. The first part is an Investment Strategy in the whole Portfolio Investment to understand what kind of investor i am. What investments are suitable for me or not. Or, for example, an exchange or real estate, or for example, a cryptocurrency. Well, that is complex, so the first, for example, an investment school. I would recommend considering the school that teaches comprehensive. In general, what plus psychology is also investing in order to understand where i should go next. Well, here, if its not a secret, there, when you open a couple of tricks. How do you find out there or your teachers find out how much a person is predisposed to what. What type of portfolio is this test for . What is this anyway . Well, the first to the first is the risk in general, the risk profile is what is called the professional language of the profile. How much how aggressive can an investor be . Just how much money can he lose . Well, that is, how much money do we have, for example, there is such a game where a certain bet is made and after a few bets, the result is obtained and there are people who are there, and i am 50 there, and right there he goes bankrupt literally in 34 years. I ask him as he says something to me. Well, no matter how you like it, that is, initially. He seems to be very risky, but in fact, when he loses all the money, it becomes very painful for him. I i say, look, what if it was real money, you dont want to, then the seeming risk profile that seems to me people. In short, im a superhero. I endure everything. Yes, yes, then, for example, uh, with real investments. Its very simple, for example, when you buy a stock, if you climb every day to see how much it costs, then you have a profile. Well, you cant be very low. And if you bought it, as if you forgot, after a month you look at how much it costs, then its already, well, as a more conservative investor, maybe be, in a year, when it is time to pay dividends. By the way, lets find out. And you know, as i say, this is the criterion that tells me, this is how much you need to earn on the Stock Exchange in order to consider yourself a successful Stock Exchange speculator. I say earn more than inflation over 10 years. And that was. I personally bow to you and say that this is super super, by the way, one of the foundations of investing, as such, there are always investments, they are measured by periods. Naturally. How long . Naturally in place or naturally 10 years, if we are talking about investment in its fundamental quality well, then, it is a longterm investment. And lets talk. Heres a little more already back and forth in specifics on your practice on the practice of your students. According to your personal in the twenty second year. On what it was possible to earn for almost all stocks. If you take, and after they fell, if you had to watch maxim, you had to sit in the cache, yes, and wait in the cache. Lets say we successfully sold everything at the peak in january and decided to take a break. And then the special operation began. Great, shares. Fell a month the exchange did not work. We bought them. Ill tell you like a pro that there was another drop in september and some stocks are lower than where you would buy in april. Well, in general, in general, if you take it for an ordinary investor who is on the market, then you could take the same index there. Well , that is percent. How much you could earn 30 percent, then another good entry point was at the end of september for gold. A good entry point was there 1. 670 gold built. There you can rise to 2. 000 was to buy gold. Moreover, it was interesting that the Dollar Exchange rate was low. It is like gold, like a quasidollar. Well, that is, the word of which image could buy gold, given that the Us Federal Reserve system, the Us Central Bank has been raising the rate for a year now and gold, as you know, on such tightening actions , spoke with the words monetary. Politicians, that is , by withdrawing money from the system, gold ceases to pretend that it is a fighter against inflation, and gold also rises and falls. Actually. She fell right on it and there were no prerequisites for the fact that, well, supposedly , money printing is planned, or at least there was no weakening. And so far, no, that is, according to the latest data on the us economy, well, which is one of the defining indicators for both credit policy and gold, including they will raise the rate in june, but gold. Here , first of all, it was considered as a link to the dollar to a greater extent. Therefore, if we talk about russia the other way around, how is the departure from the dollar . Yes, after all these discriminatory steps that they discredited the currency to take the world war , if you take the usual, well, the layman who would like to save money, who rely on the fact that the Exchange Rate of e dollars will grow, then just gold is not expensive. It comes without dollars. Uh, the dollar itself was cheap, so going into gold here was very straightforward. Well, like that. Well, it was necessary to be an expert, the maximum, that is. Professionals, just yes, if we want, if everything is for an amateur, for an amateur it was a great opportunity to buy a dollar, there for 60 conditionally. So then ill add there up to seventy there that it was possible to buy federal loan bonds very cheaply, because the start of a special operation, when, if well, the contract is in plain language. Do you remember what the rate of 20 was . Yes, it must be admitted that the central bank of the Russian Federation simply made a small feat in the twentysecond year, resisting and keeping the system completely under control in 6 months. There, for nine , i returned the bet well to where it was and further. Well, enough to ensure stability. E financial system. So the bonds fell 20 percent. And this is the same option, when you could not buy a bond on the issue. And when it fell in price, because bonds every time i remind our audience that bonds have their own value, and it is equal to the face value only at the time of its redemption. That is, when the state gives money like this. Relatively speaking, bonds priced at 100 rubles. It was possible to buy for 80, and sometimes even for 75 in april. Yes, everything has fallen in price there, and shares of bonds too, and the state would give you 100, by the way, its also another moment for those who, for example, he may not understand bonds or stocks. True, there were short deposits with very high rates, banking elements, 18 , 18 yes, yes, yes, absolutely, absolutely for the layman who is there, by the way, this is also a mistake that people made in 2014, when in the fourteenth year, the dollar jumped there from 30 to 60 rubles, they waited, they waited, they waited for a default. Yes, there , at the peak of up to eighty, people took money from the bank, stood in line at atms. They also took money from the bank. Although the banks gave deposit 20 . It looks like what happened to the market and specifically opened a bank deposit, that the children then show 20 per annum 20 exactly. I think it never will be. And then it was open again. Yes, even it was yes at 14 it was. Well, i would have 20 tab pa not a semiannual pa cigarette crazy. Now there will be a default there , and then he persuaded me to the bank, in six months. Mikhailovich, lets dissolve. No, dont give me an annual contribution. At what stage are we delighted. I basically kept it until december, i got my 20 from, well, investors practitioners, until you know an entrepreneur in 20089, i dont remember exactly the eighth or ninth year, but he made a fiveyear contribution at 15 per annum, when there was also such a story at 15 per annum for five years. Well, he had good sums there, and he said 15 of the mountain, he directly calculated how he doubles there every 7 years. It turns out that it is written in the contract to change the Interest Rate unilaterally every year, because i had an annual contract, and everything was written there directly according to the contract. Thats good, but stories success. Is it possible, by the way, i just want to give such a comment here. Uh, just about when the crowd goes and does something. At this moment, investments, when against the crowd, for example, the crowd goes to take money from banks. So you have to go to the bank in the apartment , go to the Exchange Office to buy dollars at that moment they are sold precisely when you go against the crowd. And here is just about the psychology of the investor, and one of the most important. Eh, such are the stable factors or the foundation there. E investor is the ability to manage their own emotions, when, for example, everyone buys for hype, they will cope with emotions with their greed. And there to sell, for example, or vice versa, when everyone sells fear. Well, yes, lets record a life hack when the crowd is already at its peak, either positive or negative. Yes. Thats right, then. In the first case, you need a sell entry point, yes, and in the standalone case, a buy entry point. Stirlitz you have along the corridor which corridor along our corridor and where does he go stirlett silk to muller stirlitz now lets fall asleep sleep for 20 minutes, well, in 20 minutes he wake up and go to berlin it was a habit, developed by divination, like a habit. Watch how stirlitz skillfully gets out of all the troubles, in which the main series of the soviet union gets into what it is a scout for 7 years has not seen his wife, and he just watches sex with her. No, as they said later. I can hang on any series, because its just very interesting to watch this on sunday on the first and always on one tv. Ru, the causes of these Health Problems can be bad blood vessels. 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Theretheretheretherethere tutututum dress pay with azone bank cards with cashback up to 25 open for free in the ozon bank application. Meet new activio you are active memory new yogurt. How do you like her how much train . Look around you, lightness is running away from the inside, and to you from a new one. Well, i am easy money podcast. And today my guest is maksim temchenko, investor , personal finance coach for 23 years, no matter what tools you would pay close attention to. Well, you know how this is internal classified information from professionals. What is the period of the year before the start of summer 24 years . Okay, ill share. It is important. I have a position that is in securities, there is a position that is in cash, a large position. There is more than 30 of the portfolio. I have cache. Im waiting for an income opportunity, the russian stock market. Blue chips, second third first second went, eh segments. Well, lets specifically say that well , Gazprom Sberbank mechel, uh, rosseti now the fgc , which they killed there, rushed about equally. Or do you have a favorite . Ah, i have a lot of networks, a lot of gazprom, a lot of sberbank , gazprom is there even after the report that came out, that is, the report. Here we just talked with experts on china nonspeculative more investment, well , longterm. Well, longterm is how much a year is five years . Of course, we are talking about a year, if about a year, while i remain in positions, if talk about paper, that is, positions, i dont want to, i dont sell, i dont buy. I once made a dividend is an excellent bonus. Yes, because we use it. You know what that same buffett taught when he invested in cocacola. I drink it every day. I then invest we are with you. The Consumer Sector is in any case, this is the future of communication. This is data transfer. Well, i have my portfolio of longterm Investment Strategies and capital accumulation to live on passive income there on a very rich pension. I have an active income that i currently have. I dont allow myself to rely on a direct Investment Strategy. I directly force myself to do more active income. Although i can on passive income. I can live, lets say the income. I have enough money for this and i am saving even more, uh, for the future, respectively, and my position is such that at one time i tried to study there. There, selling, buying, to catch moments. This one and uh, the results were very poor so to speak, so i chose a strategy of just buy and hold. Means to live on dividends dividends. Very nice. I have several million. E dollars of capital, well , in the management of the market and, accordingly, there are capitals that i keep in cash. I periodically consult with various experts who have very conflicting recommendations in the market, but i rely more now. The strategy for the fall of the stock market, both russian and american, i keep the cash in order to enter at good levels, respectively, that is, to look for opportunities. You uh, consider what uh, lets say. Well , not the horizon, but the level of fall. How many 10 15 20 , 2030 somewhere yes 23 . Uh, improving the geopolitical situation. Well, now the first factor that in russia is its own , respectively, and how there will be a political factor in the philosophy of the trend towards recession in the world. Yes, because if the World Economy will be something. Here for example, there is connected there with a default. Well, its unlikely that there will be a moment of the market elementary already just holding on, you know, asteroids keep holding keep holding on as you know, as they say that the market arbitrarily, maybe, but much more logical than you have, enough money to to prove the image, so i hold part of the position, i dont sell and i dont go out