1 00:00:00,000 --> 00:00:02,140 Hey everyone and welcome back. 2 00:00:02,140 --> 00:00:04,520 You know how much we love to keep a close eye 3 00:00:04,520 --> 00:00:06,880 on how the world of investing is changing. 4 00:00:07,680 --> 00:00:11,280 And sometimes it feels like we're getting little glimpses 5 00:00:11,280 --> 00:00:12,360 behind the curtain. 6 00:00:13,620 --> 00:00:17,080 Like those scenes in old movies with the secret societies, 7 00:00:17,080 --> 00:00:21,440 like hidden handshakes and whispers of untold riches. 8 00:00:21,440 --> 00:00:22,280 Right, right. 9 00:00:22,280 --> 00:00:24,040 Well, it's kind of like that sometimes. 10 00:00:24,040 --> 00:00:25,780 But instead of a secret handshake, 11 00:00:25,780 --> 00:00:28,360 it's data and knowledge that gets you in. 12 00:00:28,360 --> 00:00:29,200 Absolutely. 13 00:00:29,200 --> 00:00:33,400 Today we're going deep into ETFs and alternative investments. 14 00:00:33,400 --> 00:00:34,240 Okay. 15 00:00:34,240 --> 00:00:36,120 Buckle up because this is gonna be fun. 16 00:00:36,120 --> 00:00:37,040 He's gonna get going. 17 00:00:37,040 --> 00:00:40,760 So like imagine trying to buy a piece of a skyscraper. 18 00:00:40,760 --> 00:00:41,600 Okay. 19 00:00:41,600 --> 00:00:42,440 Like a decade ago. 20 00:00:42,440 --> 00:00:43,280 Yeah. 21 00:00:43,280 --> 00:00:45,640 You would need millions of dollars the right connections. 22 00:00:45,640 --> 00:00:46,480 Right. 23 00:00:46,480 --> 00:00:47,320 The whole nine yards. 24 00:00:47,320 --> 00:00:48,160 The whole nine yards, yeah. 25 00:00:48,160 --> 00:00:51,040 But now you can get exposure to a whole basket 26 00:00:51,040 --> 00:00:53,120 of real estate properties. 27 00:00:53,120 --> 00:00:55,640 Maybe even a tiny slice of that skyscraper 28 00:00:55,640 --> 00:00:57,000 with just a few clicks. 29 00:00:57,000 --> 00:00:57,840 That's right. 30 00:00:57,840 --> 00:00:59,560 That's the power of ETFs. 31 00:00:59,560 --> 00:01:01,280 They're like these little packages 32 00:01:01,280 --> 00:01:03,240 that hold complex investments 33 00:01:03,240 --> 00:01:05,440 and make them way more accessible. 34 00:01:05,440 --> 00:01:06,280 Yeah. 35 00:01:06,280 --> 00:01:09,720 And what's truly fascinating is how ETFs have evolved. 36 00:01:09,720 --> 00:01:13,720 I mean, they've gone way beyond just tracking the stock market. 37 00:01:13,720 --> 00:01:14,560 Right. 38 00:01:14,560 --> 00:01:17,020 We're talking about ETFs that hold real estate, 39 00:01:17,020 --> 00:01:20,440 private equity, even things like private loans. 40 00:01:20,440 --> 00:01:21,480 Whoa. 41 00:01:21,480 --> 00:01:24,040 These are what we call alternative investments. 42 00:01:24,040 --> 00:01:26,200 And for a long time, they were really difficult 43 00:01:26,200 --> 00:01:28,360 for most people to access. 44 00:01:28,360 --> 00:01:31,760 So it's like, you know those investment opportunities, 45 00:01:31,760 --> 00:01:33,480 I always felt totally off limits. 46 00:01:33,480 --> 00:01:36,080 Like there's this whole world of wealth building going on. 47 00:01:36,080 --> 00:01:36,920 Right. 48 00:01:36,920 --> 00:01:38,880 But you need a sequel password to get in. 49 00:01:38,880 --> 00:01:39,720 Yeah. 50 00:01:39,720 --> 00:01:41,040 ETFs are kind of like cracking that code. 51 00:01:41,040 --> 00:01:42,160 That's a great way to put it. 52 00:01:42,160 --> 00:01:43,000 Yeah. 53 00:01:43,000 --> 00:01:44,040 So you might be wondering what exactly 54 00:01:44,040 --> 00:01:45,680 are alternative investments. 55 00:01:45,680 --> 00:01:46,520 Yeah. 56 00:01:46,520 --> 00:01:48,200 Essentially, there anything that falls outside 57 00:01:48,200 --> 00:01:49,840 of traditional stocks and bonds. 58 00:01:49,840 --> 00:01:50,680 Okay. 59 00:01:50,680 --> 00:01:52,160 Think real estate private equity, 60 00:01:52,160 --> 00:01:53,960 where you invest directly in companies 61 00:01:53,960 --> 00:01:55,480 that aren't listed on the stock market. 62 00:01:55,480 --> 00:01:56,160 Right. 63 00:01:56,160 --> 00:01:58,680 Capital backing those brand new startups. 64 00:01:58,680 --> 00:02:01,840 And even things like commodities or private debt. 65 00:02:01,840 --> 00:02:04,960 For a long time, these investments were the playground 66 00:02:04,960 --> 00:02:06,040 of the ultra wealthy. 67 00:02:06,040 --> 00:02:06,880 I see. 68 00:02:06,880 --> 00:02:08,760 But ETFs are changing the game. 69 00:02:08,760 --> 00:02:09,600 Okay. 70 00:02:09,600 --> 00:02:12,480 So I'm starting to see how ETFs fit into all this. 71 00:02:12,480 --> 00:02:13,320 Yeah. 72 00:02:13,320 --> 00:02:15,000 But how do they actually work? 73 00:02:15,000 --> 00:02:18,720 Imagine a basket holding a collection of different assets 74 00:02:18,720 --> 00:02:21,960 like stocks in a specific industry, 75 00:02:21,960 --> 00:02:24,040 bonds from various countries, 76 00:02:24,040 --> 00:02:25,640 or even pieces of real estate. 77 00:02:25,640 --> 00:02:26,480 Okay. 78 00:02:26,480 --> 00:02:28,640 And ETF, or exchange trade fund, 79 00:02:28,640 --> 00:02:30,800 is basically a share of that basket 80 00:02:30,800 --> 00:02:32,680 that you can buy and sell on the stock market, 81 00:02:32,680 --> 00:02:33,840 just like any other stock. 82 00:02:33,840 --> 00:02:36,080 Oh, so with ETFs, you're not investing 83 00:02:36,080 --> 00:02:38,000 in a single company or bond. 84 00:02:38,000 --> 00:02:38,840 Right. 85 00:02:38,840 --> 00:02:40,160 They're investing in a whole collection of assets 86 00:02:40,160 --> 00:02:41,720 all bundled up neatly. 87 00:02:41,720 --> 00:02:42,560 Exactly. 88 00:02:42,560 --> 00:02:43,400 Got it. 89 00:02:43,400 --> 00:02:46,040 And because these baskets can hold a variety of assets, 90 00:02:46,040 --> 00:02:49,240 they can now offer exposure to alternative investments. 91 00:02:49,240 --> 00:02:50,080 Yeah. 92 00:02:50,080 --> 00:02:51,160 Making them much more liquid. 93 00:02:51,160 --> 00:02:52,000 Okay. 94 00:02:52,000 --> 00:02:53,360 Meaning you can easily buy or sell them. 95 00:02:53,360 --> 00:02:54,200 Right. 96 00:02:54,200 --> 00:02:55,920 And that's a big, transparent meeting, 97 00:02:55,920 --> 00:02:57,480 you know exactly what you're getting into. 98 00:02:57,480 --> 00:02:58,480 So that's a big deal, right? 99 00:02:58,480 --> 00:03:01,280 Because before, with these alternative investments, 100 00:03:01,280 --> 00:03:03,120 you wouldn't necessarily know what you were getting. 101 00:03:03,120 --> 00:03:04,800 It was kind of like buying a mystery box. 102 00:03:04,800 --> 00:03:05,640 Yeah. 103 00:03:05,640 --> 00:03:06,480 Okay. 104 00:03:06,480 --> 00:03:07,480 So this is making a lot more sense now. 105 00:03:07,480 --> 00:03:08,320 Good. 106 00:03:08,320 --> 00:03:09,960 So we've got these alternative investments, 107 00:03:09,960 --> 00:03:12,200 which used to be really hard to access. 108 00:03:12,200 --> 00:03:13,040 Right. 109 00:03:13,040 --> 00:03:17,560 Now, thanks to ETFs, they're more accessible, 110 00:03:17,560 --> 00:03:19,360 more liquid and more transparent. 111 00:03:19,360 --> 00:03:20,200 Yes. 112 00:03:20,200 --> 00:03:21,040 That sounds pretty good, right? 113 00:03:21,040 --> 00:03:21,880 It does. 114 00:03:21,880 --> 00:03:23,280 But before we get too carried away, 115 00:03:23,280 --> 00:03:27,160 remember that investing always comes with some level of risk. 116 00:03:27,160 --> 00:03:28,000 True. 117 00:03:28,000 --> 00:03:30,760 And even though ETFs make alternative investments 118 00:03:30,760 --> 00:03:32,560 more accessible, 119 00:03:32,560 --> 00:03:35,320 it's super important to understand what you're getting 120 00:03:35,320 --> 00:03:37,280 into before you invest. 121 00:03:37,280 --> 00:03:38,120 Right. 122 00:03:38,120 --> 00:03:38,960 It's like that old saying, 123 00:03:38,960 --> 00:03:40,200 if it sounds too good to be true. 124 00:03:40,200 --> 00:03:41,360 Exactly. 125 00:03:41,360 --> 00:03:44,080 Now, before you rush out and buy every ETF 126 00:03:44,080 --> 00:03:46,720 with the word alternative in its name, 127 00:03:46,720 --> 00:03:49,560 we need to understand the data behind these ETFs. 128 00:03:49,560 --> 00:03:52,240 Remember all those secret societies we talked about? 129 00:03:52,240 --> 00:03:53,840 Well, data is your key to getting in 130 00:03:53,840 --> 00:03:55,560 and making smart decisions. 131 00:03:55,560 --> 00:03:57,560 So it's not just about picking an ETF 132 00:03:57,560 --> 00:03:58,760 with a cool sounding name. 133 00:03:58,760 --> 00:03:59,600 Right. 134 00:03:59,600 --> 00:04:00,440 We need to do our homework. 135 00:04:00,440 --> 00:04:01,280 Absolutely. 136 00:04:01,280 --> 00:04:02,840 It's all about being informed. 137 00:04:02,840 --> 00:04:04,520 Think of it like buying a used car. 138 00:04:04,520 --> 00:04:06,040 You wouldn't just hand over your money 139 00:04:06,040 --> 00:04:08,000 without checking its history, right? 140 00:04:08,000 --> 00:04:08,840 No way. 141 00:04:08,840 --> 00:04:10,120 Same goes for ETFs. 142 00:04:10,120 --> 00:04:10,960 Yeah. 143 00:04:10,960 --> 00:04:12,160 You want to understand what's under the hood. 144 00:04:12,160 --> 00:04:12,980 Okay. 145 00:04:12,980 --> 00:04:15,680 So what kind of car history should we be checking 146 00:04:15,680 --> 00:04:17,200 when it comes to ETFs? 147 00:04:17,200 --> 00:04:20,640 You need to look at what the ETF actually holds, 148 00:04:20,640 --> 00:04:23,280 how it's managed its track record, things like that. 149 00:04:23,280 --> 00:04:24,120 Okay. 150 00:04:24,120 --> 00:04:25,960 For example, liquidity is important. 151 00:04:25,960 --> 00:04:29,880 This basically means how easily you can buy and sell the ETF 152 00:04:29,880 --> 00:04:31,240 without affecting the price. 153 00:04:31,240 --> 00:04:32,080 Got it. 154 00:04:32,080 --> 00:04:33,000 Think of it like the difference 155 00:04:33,000 --> 00:04:35,080 between selling a popular comic book 156 00:04:35,080 --> 00:04:36,640 versus a rare antique. 157 00:04:36,640 --> 00:04:37,560 Okay. 158 00:04:37,560 --> 00:04:40,800 The comic book will likely sell quickly and easily, 159 00:04:40,800 --> 00:04:43,560 but the antique might take a while to find the right buyer. 160 00:04:43,560 --> 00:04:44,400 Makes sense. 161 00:04:44,400 --> 00:04:45,240 That's liquidity. 162 00:04:45,240 --> 00:04:47,000 So more liquidity is generally better. 163 00:04:47,000 --> 00:04:47,840 Exactly. 164 00:04:47,840 --> 00:04:49,360 You want to be able to get in and out of an investment 165 00:04:49,360 --> 00:04:50,480 relatively easily. 166 00:04:50,480 --> 00:04:53,160 Especially when dealing with alternative investments. 167 00:04:53,160 --> 00:04:54,000 Right. 168 00:04:54,000 --> 00:04:55,200 Which can sometimes be more volatile. 169 00:04:55,200 --> 00:04:56,040 Okay. 170 00:04:56,040 --> 00:04:56,880 Got it. 171 00:04:56,880 --> 00:04:58,280 Volatility, liquidity. 172 00:04:58,280 --> 00:05:01,200 What other data checkpoints should we be aware of? 173 00:05:01,200 --> 00:05:03,440 Trading volume is another important one. 174 00:05:03,440 --> 00:05:08,000 It simply means how much the ETF is being bought and sold. 175 00:05:08,000 --> 00:05:10,320 Higher trading volume usually means 176 00:05:10,320 --> 00:05:12,040 there are more buyers and sellers, 177 00:05:12,040 --> 00:05:14,720 which can make it easier to buy or sell your shares 178 00:05:14,720 --> 00:05:16,160 at a fair price. 179 00:05:16,160 --> 00:05:19,840 And then there are things like bid ask spreads, which- 180 00:05:19,840 --> 00:05:20,680 Hold on, hold on. 181 00:05:20,680 --> 00:05:21,960 Bid ask spreads. 182 00:05:21,960 --> 00:05:23,360 Can you explain that one a bit more? 183 00:05:23,360 --> 00:05:24,200 Sure. 184 00:05:24,200 --> 00:05:25,160 It sounds a little complicated. 185 00:05:25,160 --> 00:05:27,600 Think of it like checking the price difference 186 00:05:27,600 --> 00:05:29,920 between buying and selling a used car. 187 00:05:29,920 --> 00:05:30,760 Okay. 188 00:05:30,760 --> 00:05:34,120 A big gap between what someone is willing to pay the bid 189 00:05:34,120 --> 00:05:36,520 and what someone is willing to sell for the ask. 190 00:05:36,520 --> 00:05:37,360 Okay. 191 00:05:37,360 --> 00:05:39,080 Means less liquidity. 192 00:05:39,080 --> 00:05:40,840 You want those gaps to be small, 193 00:05:40,840 --> 00:05:43,120 which usually means the ETF is more liquid. 194 00:05:43,120 --> 00:05:43,960 Okay. 195 00:05:43,960 --> 00:05:45,840 I think I'm starting to get the hang of this data stuff. 196 00:05:45,840 --> 00:05:46,920 But let's be real. 197 00:05:46,920 --> 00:05:49,880 Analyzing all this information can feel a bit overwhelming, 198 00:05:49,880 --> 00:05:50,720 right? 199 00:05:50,720 --> 00:05:52,240 It definitely can be. 200 00:05:52,240 --> 00:05:54,040 But that's where things get really interesting. 201 00:05:54,040 --> 00:05:54,880 Great. 202 00:05:54,880 --> 00:05:55,880 Are you about to tell me there's a secret weapon 203 00:05:55,880 --> 00:05:58,160 that can help us navigate all this data? 204 00:05:58,160 --> 00:06:01,160 You could say that we're talking about AI machine learning, 205 00:06:01,160 --> 00:06:02,920 all of those futuristic technologies 206 00:06:02,920 --> 00:06:04,240 that are starting to play a bigger role 207 00:06:04,240 --> 00:06:05,680 in the world of investing. 208 00:06:05,680 --> 00:06:08,160 It's like having a super powered research assistant 209 00:06:08,160 --> 00:06:10,240 helping you analyze the markets. 210 00:06:10,240 --> 00:06:11,440 Whoa, okay. 211 00:06:11,440 --> 00:06:12,680 Now we're talking. 212 00:06:12,680 --> 00:06:13,520 Yeah. 213 00:06:13,520 --> 00:06:17,760 How exactly can AI help us with all this data? 214 00:06:17,760 --> 00:06:20,120 That's where we'll pick up in part two of this deep doc. 215 00:06:20,120 --> 00:06:20,960 All right. 216 00:06:20,960 --> 00:06:21,800 I can't wait. 217 00:06:21,800 --> 00:06:23,400 See you back here soon for part two. 218 00:06:23,400 --> 00:06:24,680 So as we were talking about before, 219 00:06:24,680 --> 00:06:27,560 all this data analysis can seem a bit daunting. 220 00:06:27,560 --> 00:06:28,400 Yeah, a little bit. 221 00:06:28,400 --> 00:06:29,680 But that's where AI comes in. 222 00:06:29,680 --> 00:06:30,520 Okay. 223 00:06:30,520 --> 00:06:32,160 I have to admit the idea of AI 224 00:06:32,160 --> 00:06:35,360 like helping me pick investments, 225 00:06:35,360 --> 00:06:36,920 it's kind of blowing my mind. 226 00:06:36,920 --> 00:06:37,760 Yeah. 227 00:06:37,760 --> 00:06:38,600 But in a good way. 228 00:06:38,600 --> 00:06:39,720 It's definitely a game changer. 229 00:06:39,720 --> 00:06:40,840 Think of it this way. 230 00:06:40,840 --> 00:06:44,440 AI can process and analyze huge amounts of data 231 00:06:44,440 --> 00:06:46,680 way more than any human could ever handle. 232 00:06:46,680 --> 00:06:47,520 Right. 233 00:06:47,520 --> 00:06:49,240 And it can do it incredibly fast. 234 00:06:49,240 --> 00:06:50,080 Wow. 235 00:06:50,080 --> 00:06:52,120 It's like having a team of expert analysts 236 00:06:52,120 --> 00:06:54,760 working 24 seven, crunching numbers 237 00:06:54,760 --> 00:06:56,600 and spotting patterns that we might miss. 238 00:06:56,600 --> 00:06:58,400 So instead of me like trying to read through pages 239 00:06:58,400 --> 00:07:00,000 and pages of financial reports. 240 00:07:00,000 --> 00:07:00,840 Right. 241 00:07:00,840 --> 00:07:02,120 AI can just do it all for me. 242 00:07:02,120 --> 00:07:03,520 It can definitely make things easier. 243 00:07:03,520 --> 00:07:06,200 AI can analyze things like economic trends, 244 00:07:06,200 --> 00:07:09,720 company performance, market sentiment, all of that. 245 00:07:09,720 --> 00:07:11,840 And it can even learn and adapt 246 00:07:11,840 --> 00:07:13,440 as new data becomes available. 247 00:07:13,440 --> 00:07:15,920 So it's not just about like spitting out numbers. 248 00:07:15,920 --> 00:07:16,760 Right. 249 00:07:16,760 --> 00:07:18,200 It's about actually like understanding 250 00:07:18,200 --> 00:07:19,440 what's happening in the market. 251 00:07:19,440 --> 00:07:20,280 Exactly. 252 00:07:20,280 --> 00:07:21,680 And making predictions based on that data. 253 00:07:21,680 --> 00:07:22,640 Exactly. 254 00:07:22,640 --> 00:07:25,320 It's about identifying opportunities, assessing risks 255 00:07:25,320 --> 00:07:27,400 and helping investors make more informed decisions. 256 00:07:27,400 --> 00:07:28,240 Okay. 257 00:07:28,240 --> 00:07:29,200 I'm officially impressed. 258 00:07:29,200 --> 00:07:30,040 Good. 259 00:07:30,040 --> 00:07:31,360 But let's get specific. 260 00:07:31,360 --> 00:07:34,600 How is AI actually being used with ETFs 261 00:07:34,600 --> 00:07:36,320 and alternative investments? 262 00:07:36,320 --> 00:07:37,160 Yeah. 263 00:07:37,160 --> 00:07:39,600 What can it actually do for someone like me? 264 00:07:39,600 --> 00:07:41,560 That's a great question. 265 00:07:41,560 --> 00:07:44,360 AI is being used in a few key ways. 266 00:07:44,360 --> 00:07:46,840 First, it can help investors select ETS 267 00:07:46,840 --> 00:07:49,520 that align with their specific goals and risk tolerance. 268 00:07:49,520 --> 00:07:50,360 Okay. 269 00:07:50,360 --> 00:07:52,240 Imagine telling an AI powered tool 270 00:07:52,240 --> 00:07:54,720 what you want to achieve with your investments, 271 00:07:54,720 --> 00:07:56,120 how much risk you're comfortable with 272 00:07:56,120 --> 00:07:57,440 in your investment timeline. 273 00:07:57,440 --> 00:07:58,280 Right. 274 00:07:58,280 --> 00:08:00,600 The AI can then analyze thousands of ETFs 275 00:08:00,600 --> 00:08:02,640 considering factors like historical performance 276 00:08:02,640 --> 00:08:05,800 expense ratios and even things like ESG factors. 277 00:08:05,800 --> 00:08:07,040 We're calling ESG factors. 278 00:08:07,040 --> 00:08:07,880 Yeah. 279 00:08:07,880 --> 00:08:08,720 What are those? 280 00:08:08,720 --> 00:08:11,280 They're really a way to evaluate how companies perform 281 00:08:11,280 --> 00:08:14,080 on issues like sustainability, social impact 282 00:08:14,080 --> 00:08:15,400 and corporate governance. 283 00:08:15,400 --> 00:08:16,240 Okay. 284 00:08:16,240 --> 00:08:19,280 More and more investors are considering ESG factors 285 00:08:19,280 --> 00:08:20,760 when making investment decisions. 286 00:08:20,760 --> 00:08:21,600 Right. 287 00:08:21,600 --> 00:08:24,080 And AI can help sort through all of that data too. 288 00:08:24,080 --> 00:08:27,440 So AI can help me find ETFs that match my values 289 00:08:27,440 --> 00:08:29,280 and my financial goals. 290 00:08:29,280 --> 00:08:30,120 Exactly. 291 00:08:30,120 --> 00:08:30,960 That's incredible. 292 00:08:30,960 --> 00:08:32,000 What else can it do? 293 00:08:32,000 --> 00:08:35,640 AI can also be used to optimize portfolio allocation. 294 00:08:35,640 --> 00:08:37,920 It can help determine how much of your portfolio 295 00:08:37,920 --> 00:08:40,520 should be allocated to different asset classes, 296 00:08:40,520 --> 00:08:42,480 including alternative investments 297 00:08:42,480 --> 00:08:45,120 based on your risk profile and market conditions. 298 00:08:45,120 --> 00:08:45,960 Okay. 299 00:08:45,960 --> 00:08:47,680 So AI can help me choose ETFs 300 00:08:47,680 --> 00:08:49,880 and decide how much to invest in them. 301 00:08:49,880 --> 00:08:51,200 What about managing risk? 302 00:08:51,200 --> 00:08:52,640 Can AI help with that too? 303 00:08:52,640 --> 00:08:53,480 Absolutely. 304 00:08:53,480 --> 00:08:54,560 Remember when we talked about earlier 305 00:08:54,560 --> 00:08:57,080 how alternative investments can be more volatile? 306 00:08:57,080 --> 00:08:57,920 Yeah. 307 00:08:57,920 --> 00:08:59,360 Well, AI can help mitigate that risk 308 00:08:59,360 --> 00:09:01,400 by analyzing market trends 309 00:09:01,400 --> 00:09:04,000 and making adjustments to your portfolio as needed. 310 00:09:04,000 --> 00:09:04,840 Okay. 311 00:09:04,840 --> 00:09:06,320 Think of it like having a co-pilot 312 00:09:06,320 --> 00:09:09,240 who's constantly monitoring the radar for turbulence. 313 00:09:09,240 --> 00:09:10,080 Right. 314 00:09:10,080 --> 00:09:11,760 And adjusting course to keep you on track. 315 00:09:11,760 --> 00:09:13,960 So it's not just about picking the right investments. 316 00:09:13,960 --> 00:09:16,600 It's about managing those investments over time. 317 00:09:16,600 --> 00:09:17,520 Exactly. 318 00:09:17,520 --> 00:09:19,000 AI can help with both. 319 00:09:19,000 --> 00:09:20,480 It can monitor your portfolio, 320 00:09:20,480 --> 00:09:21,960 identify potential risks, 321 00:09:21,960 --> 00:09:24,120 and even suggest rebalancing strategies 322 00:09:24,120 --> 00:09:25,640 to help you stay on course. 323 00:09:25,640 --> 00:09:27,840 This is all starting to sound pretty futuristic. 324 00:09:27,840 --> 00:09:30,080 It's like having a personal financial advisor 325 00:09:30,080 --> 00:09:32,240 but powered by super intelligent algorithms. 326 00:09:32,240 --> 00:09:33,080 Right. 327 00:09:33,080 --> 00:09:34,360 But let's be real here. 328 00:09:34,360 --> 00:09:38,280 Not everyone has access to those fancy AI powered tools. 329 00:09:38,280 --> 00:09:39,120 Mm-hmm. 330 00:09:39,120 --> 00:09:40,520 What about the average investor 331 00:09:40,520 --> 00:09:43,200 who's just trying to figure things out on their own? 332 00:09:43,200 --> 00:09:44,080 That's a great point. 333 00:09:44,080 --> 00:09:44,920 Right. 334 00:09:44,920 --> 00:09:47,480 While access to sophisticated AI tools 335 00:09:47,480 --> 00:09:49,040 is becoming more widespread. 336 00:09:49,040 --> 00:09:49,880 Yeah. 337 00:09:49,880 --> 00:09:52,440 It's true that not everyone has them at their fingertips. 338 00:09:52,440 --> 00:09:53,920 So what advice would you give to someone 339 00:09:53,920 --> 00:09:57,520 who's interested in like exploring ETFs 340 00:09:57,520 --> 00:09:58,920 and alternative investments? 341 00:09:58,920 --> 00:09:59,760 Yeah. 342 00:09:59,760 --> 00:10:00,680 But maybe it doesn't have access 343 00:10:00,680 --> 00:10:02,800 to all the bells and whistles of AI. 344 00:10:02,800 --> 00:10:05,120 I would say don't let that stop you. 345 00:10:05,120 --> 00:10:06,120 Even without AI, 346 00:10:06,120 --> 00:10:07,840 there's a ton of information available 347 00:10:07,840 --> 00:10:09,080 to help you get started. 348 00:10:09,080 --> 00:10:10,760 Remember, knowledge is power. 349 00:10:10,760 --> 00:10:11,600 Right. 350 00:10:11,600 --> 00:10:13,520 There are tons of resources online. 351 00:10:13,520 --> 00:10:14,520 Offline. 352 00:10:14,520 --> 00:10:17,240 You can read articles, listen to podcasts. 353 00:10:17,240 --> 00:10:18,080 Yes. 354 00:10:18,080 --> 00:10:18,920 Attend webinars. 355 00:10:18,920 --> 00:10:19,840 There's so much out there. 356 00:10:19,840 --> 00:10:20,680 Exactly. 357 00:10:20,680 --> 00:10:22,800 And don't be afraid to ask questions. 358 00:10:22,800 --> 00:10:24,400 Talk to financial advisors. 359 00:10:24,400 --> 00:10:26,040 Connect with other investors. 360 00:10:26,040 --> 00:10:27,680 Join online communities. 361 00:10:27,680 --> 00:10:29,720 There's a whole world of knowledge 362 00:10:29,720 --> 00:10:31,600 waiting to be explored. 363 00:10:31,600 --> 00:10:34,040 So even if we don't have the latest AI tools, 364 00:10:34,040 --> 00:10:36,160 we can still educate ourselves. 365 00:10:36,160 --> 00:10:37,000 Yes. 366 00:10:37,000 --> 00:10:39,000 Do our research and start exploring 367 00:10:39,000 --> 00:10:42,680 these alternative investment opportunities through ETFs. 368 00:10:42,680 --> 00:10:43,520 Absolutely. 369 00:10:43,520 --> 00:10:44,520 It's about being curious, 370 00:10:44,520 --> 00:10:45,880 being willing to learn 371 00:10:45,880 --> 00:10:48,160 and taking control of your financial future. 372 00:10:48,160 --> 00:10:49,160 I love that. 373 00:10:49,160 --> 00:10:50,960 But with so many ETFs out there, 374 00:10:50,960 --> 00:10:53,320 how do we know which ones are right for us? 375 00:10:53,320 --> 00:10:54,160 Yeah. 376 00:10:54,160 --> 00:10:55,440 I mean, where do we even begin? 377 00:10:55,440 --> 00:10:57,600 That's where a little bit of strategy comes in handy 378 00:10:57,600 --> 00:10:59,280 and that's what we'll be diving into 379 00:10:59,280 --> 00:11:00,640 in part three of this deep dive. 380 00:11:00,640 --> 00:11:02,360 Perfect. I'm already taking notes. 381 00:11:02,360 --> 00:11:03,920 I'm going to wait to learn more. 382 00:11:03,920 --> 00:11:05,960 All right. So we've talked about how ETFs are opening up 383 00:11:05,960 --> 00:11:08,040 this world of alternative investments. 384 00:11:08,040 --> 00:11:09,160 We've talked about AI 385 00:11:09,160 --> 00:11:11,200 and all the data that's involved. 386 00:11:11,200 --> 00:11:13,600 But with so many ETFs out there, 387 00:11:13,600 --> 00:11:16,960 how do we actually choose the right ones for our portfolios? 388 00:11:16,960 --> 00:11:18,240 Well, it's easy to get overwhelmed 389 00:11:18,240 --> 00:11:20,480 when you're looking at all these different ETFs. 390 00:11:20,480 --> 00:11:21,320 Yeah. 391 00:11:21,320 --> 00:11:23,800 But just like with anything else, it helps to have a plan. 392 00:11:23,800 --> 00:11:26,680 So what's on the ETF shopping list? 393 00:11:26,680 --> 00:11:29,280 Well, it all starts with your investment goals. 394 00:11:29,280 --> 00:11:30,240 Yeah. 395 00:11:30,240 --> 00:11:32,200 What are you trying to achieve? 396 00:11:32,200 --> 00:11:34,080 Are you saving for retirement? 397 00:11:34,080 --> 00:11:35,960 Are you trying to buy a house? 398 00:11:35,960 --> 00:11:37,800 Are you looking for passive income? 399 00:11:37,800 --> 00:11:38,640 Okay. 400 00:11:38,640 --> 00:11:40,160 Your goals are going to really influence 401 00:11:40,160 --> 00:11:42,120 which ETFs are right for you. 402 00:11:42,120 --> 00:11:43,200 That makes sense. 403 00:11:43,200 --> 00:11:45,640 A 30-year-old investing for retirement 404 00:11:45,640 --> 00:11:47,640 will probably have a different approach 405 00:11:47,640 --> 00:11:49,800 than someone who's closer to retirement age. 406 00:11:49,800 --> 00:11:52,080 Right. Time horizon's a big factor too. 407 00:11:52,080 --> 00:11:54,080 If you have a longer time horizon, 408 00:11:54,080 --> 00:11:57,000 you might be more comfortable with riskier investments. 409 00:11:57,000 --> 00:11:57,840 Okay. 410 00:11:57,840 --> 00:11:59,400 But if you need the money sooner, 411 00:11:59,400 --> 00:12:01,640 you might want to go with something more stable. 412 00:12:01,640 --> 00:12:05,080 So goals, time horizon, what else? 413 00:12:05,080 --> 00:12:08,080 Risk tolerance is super important. 414 00:12:08,080 --> 00:12:10,800 How comfortable are you with the ups and downs of the market? 415 00:12:10,800 --> 00:12:12,840 Some people can handle a lot of volatility. 416 00:12:12,840 --> 00:12:13,680 Yeah. 417 00:12:13,680 --> 00:12:14,840 Others not so much. 418 00:12:14,840 --> 00:12:17,560 Alternative investments can be more volatile, 419 00:12:17,560 --> 00:12:19,280 even within ETFs. 420 00:12:19,280 --> 00:12:21,400 So you need to choose investments that you're comfortable with. 421 00:12:21,400 --> 00:12:23,800 Because not all ETFs are created equal. 422 00:12:23,800 --> 00:12:24,960 Exactly. 423 00:12:24,960 --> 00:12:27,800 Even if they focus on a similar theme or asset class. 424 00:12:27,800 --> 00:12:29,600 See, we've got to look under the hood. 425 00:12:29,600 --> 00:12:31,200 You really need to understand what you're buying. 426 00:12:31,200 --> 00:12:33,040 All right. So let's say I've done my research. 427 00:12:33,040 --> 00:12:37,200 And I have a good understanding of my own investment style. 428 00:12:37,200 --> 00:12:40,440 I've narrowed down my choices to a handful of ETFs 429 00:12:40,440 --> 00:12:41,520 that seem like a good fit. 430 00:12:41,520 --> 00:12:42,360 Okay. 431 00:12:42,360 --> 00:12:43,200 What's next? 432 00:12:43,200 --> 00:12:44,680 That's where diversification comes in. 433 00:12:44,680 --> 00:12:46,360 You don't want to put all your eggs in one basket. 434 00:12:46,360 --> 00:12:47,360 Right. Right. 435 00:12:47,360 --> 00:12:48,480 We've all heard that one. 436 00:12:48,480 --> 00:12:52,320 Even if it's a very fancy, well-diversified ETF basket. 437 00:12:52,320 --> 00:12:56,160 So how do we diversify within this world of ETFs 438 00:12:56,160 --> 00:12:58,720 and alternative investments? 439 00:12:58,720 --> 00:13:00,560 A good rule of thumb is to diversify 440 00:13:00,560 --> 00:13:02,400 across different asset classes. 441 00:13:02,400 --> 00:13:04,480 So don't just focus on real estate, for example. 442 00:13:04,480 --> 00:13:05,320 Okay. 443 00:13:05,320 --> 00:13:08,600 Consider ETFs that offer exposure to private equity 444 00:13:08,600 --> 00:13:11,520 or private credit commodities. 445 00:13:11,520 --> 00:13:15,080 Even things like infrastructure or renewable energy. 446 00:13:15,080 --> 00:13:17,960 So it's about creating a mix of alternative investments. 447 00:13:17,960 --> 00:13:19,480 That kind of complement each other. 448 00:13:19,480 --> 00:13:20,320 Yeah. 449 00:13:20,320 --> 00:13:21,160 And help to balance out the risk. 450 00:13:21,160 --> 00:13:22,000 Right. 451 00:13:22,000 --> 00:13:23,080 And within each asset class, 452 00:13:23,080 --> 00:13:26,400 you can diversify even further by choosing ETFs 453 00:13:26,400 --> 00:13:29,760 that track different indices or have different strategies. 454 00:13:29,760 --> 00:13:31,960 It's like building a well-rounded team. 455 00:13:31,960 --> 00:13:34,440 Each player brings their own strengths and weaknesses. 456 00:13:34,440 --> 00:13:35,560 I like that. 457 00:13:35,560 --> 00:13:37,320 And just like a good team manager, 458 00:13:37,320 --> 00:13:41,520 you want to regularly review and rebalance your portfolio. 459 00:13:41,520 --> 00:13:42,360 Okay. 460 00:13:42,360 --> 00:13:43,680 To make sure it's still aligned with your goals. 461 00:13:43,680 --> 00:13:45,720 So it's not just like set it and forget it. 462 00:13:45,720 --> 00:13:46,560 Not at all. 463 00:13:46,560 --> 00:13:48,000 Markets change, your circumstances change, 464 00:13:48,000 --> 00:13:49,680 and your portfolio should reflect that. 465 00:13:49,680 --> 00:13:50,920 Regular checkups are key. 466 00:13:50,920 --> 00:13:51,760 Exactly. 467 00:13:51,760 --> 00:13:53,120 That's been incredibly insightful. 468 00:13:53,120 --> 00:13:53,960 Oh, good. 469 00:13:53,960 --> 00:13:54,800 I'm glad. 470 00:13:54,800 --> 00:13:55,640 I feel like I have a much better grasp 471 00:13:55,640 --> 00:13:59,720 on how to approach ETFs and alternative investments. 472 00:13:59,720 --> 00:14:00,560 I hope so. 473 00:14:00,560 --> 00:14:03,280 But before we wrap up, what about the future? 474 00:14:03,280 --> 00:14:04,120 Okay. 475 00:14:04,120 --> 00:14:06,400 What trends are you seeing in the world of ETFs 476 00:14:06,400 --> 00:14:07,840 and alternative investments? 477 00:14:07,840 --> 00:14:09,240 Well, one of the most exciting trends 478 00:14:09,240 --> 00:14:11,560 is the increasing use of technology, 479 00:14:11,560 --> 00:14:14,400 particularly AI and machine learning, 480 00:14:14,400 --> 00:14:17,000 to create more personalized investment strategies. 481 00:14:17,000 --> 00:14:20,720 So it's like having a personal investment concierge. 482 00:14:20,720 --> 00:14:22,360 Powered by algorithms. 483 00:14:22,360 --> 00:14:23,200 Yeah. 484 00:14:23,200 --> 00:14:24,520 Constantly working behind the scenes 485 00:14:24,520 --> 00:14:26,000 to optimize my portfolio. 486 00:14:26,000 --> 00:14:26,960 Exactly. 487 00:14:26,960 --> 00:14:30,240 And as AI and machine learning continue to evolve, 488 00:14:30,240 --> 00:14:32,600 we can expect even more personalization 489 00:14:32,600 --> 00:14:33,720 in the world of investing. 490 00:14:33,720 --> 00:14:35,720 It feels like we're on the verge of like 491 00:14:35,720 --> 00:14:38,120 a whole new era of investing. 492 00:14:38,120 --> 00:14:38,960 It really does. 493 00:14:38,960 --> 00:14:40,760 Where technology empowers us 494 00:14:40,760 --> 00:14:42,840 to achieve our financial goals. 495 00:14:42,840 --> 00:14:43,680 Absolutely. 496 00:14:43,680 --> 00:14:45,720 It's a really exciting time to be an investor. 497 00:14:45,720 --> 00:14:47,800 I think we've covered a lot of ground today. 498 00:14:47,800 --> 00:14:48,640 Yeah, we have. 499 00:14:48,640 --> 00:14:51,960 We've explored the ins and outs of ETFs 500 00:14:51,960 --> 00:14:54,240 and alternative investments, 501 00:14:54,240 --> 00:14:58,000 the importance of data, the role of AI, 502 00:14:58,000 --> 00:15:01,160 what the future holds for this really exciting space. 503 00:15:01,160 --> 00:15:02,360 And hopefully we've inspired you 504 00:15:02,360 --> 00:15:03,800 to keep learning and exploring. 505 00:15:03,800 --> 00:15:05,040 Keep asking questions. 506 00:15:05,040 --> 00:15:05,840 Yes. 507 00:15:05,840 --> 00:15:07,600 The world of investing is constantly evolving. 508 00:15:07,600 --> 00:15:08,920 So the more you know, the better. 509 00:15:08,920 --> 00:15:10,640 Remember, knowledge is power. 510 00:15:10,640 --> 00:15:12,240 And with the right information 511 00:15:12,240 --> 00:15:14,120 and a little bit of curiosity, 512 00:15:14,120 --> 00:15:16,840 you can achieve some pretty incredible things. 513 00:15:16,840 --> 00:15:17,680 Absolutely. 514 00:15:17,680 --> 00:15:19,200 Thank you for joining us on this deep dive 515 00:15:19,200 --> 00:15:21,720 into ETFs and alternative investments. 516 00:15:21,720 --> 00:15:51,480 Until next time, happy investing.