Transcript for:
Stock Market Investing Basics

Okay. Hi everyone. Welcome everyone here. Welcome everyone on Zoom. How's it going? Um, okay. So, welcome to the stock market boot camp. What do you want? Okay. Hold on. Okay. I've gota I'm gonna just mute because some sometimes there's background noise. Of course, anyone on Zoom, you can unmute yourself. Okay. So, what what is this program? Why are we here? What's our goal? The whole purpose of this program in the next five days is to teach you how to make as much money as possible in the stock market with the least amount of work. The goal is to make as much as you can in a safe kind of way. Um, and so, you know, maybe you've been to other things, but usually things aren't about how to make the most amount of money. So, take a look. Our goal is how do we essentially turn this, whether it's you have shekels, whether you have euros, whether you have dollars into way more of this. So, this is not about doing mitzvah. It's not about helping people. None of that stuff is what this is about. This is just how to grow money in the stock market. So if you want to know that hopefully does anyone want to know that? Is that interesting? Okay. You you are in the right place on Zoom. Is that is that sound okay if I teach you how to do that? Yeah. Yeah. Okay. And again, once you learn how to make money in the stock market, how you use it, you know, let's say you're like, you know, you make money, you want to spoil yourself and get all kinds of gifts that maybe no one ever bought you or you wanted to buy. That's fine. If you're like, look, I want to travel around the world. Well, having more money just makes it way easier to do that. If you're like, you know, I want to get a new ride or I want to really get a ride, you can't do without money. That's all this is about. This program is how to get more money with doing very little work using the stock market. Um, what it what it ends up being essentially is with more money, let's say, okay, let's say you want to buy a switch too. Is it easier to do it with money? Yeah. Let's say you say I want to travel to Japan. Is it easier if you have money? All what money is in many ways is it gives us options. It allows you to do things that without it you can't do. What you decide to do with the money that's your business that's that's not what I'm interested in. I just want to help you to get these options by getting more money and making it grow. So, the first question, let me just give one more check to see if anyone's not in the Zoom or having trouble or things like that. Um, okay. Um, Civia Sun, are you on? I just want to confirm. Okay, I'm sending you a message. Okay, the first question that we need to ask is, is this even worth doing? You know, are we going to just waste our time? Is it actually going to make us a decent amount of money? Is it worth it? There's many other things that we can do. So, we need to think about like, okay, do we care enough to actually learn this skill? Okay, so let me ask a question. Um, how if you have a bank account, okay, regular bank account, and money goes into that bank account, what usually happens to that money? And Zoom, please call it answers. Lots of people on Zoom. What happens when you put money into a bank account over time? And you don't touch it. The bank gives you more money for keeping it there. The bank will give you more money for keeping it there. Okay. What what is that called? Interest. Interest. How much on average does a bank give you in interest? Two and a half%. So let's say and I wasn't sure if this was real. This thousand check bill. Does anyone have a thousand check bill? Okay. I wasn't like I looked this up. I don't think it was created by AI but maybe a long time ago there was thousand check bill whatever. So let's say I put it into a bank account. And this bank account has an interest rate of 2%. After one year, how much will a,000 shekels grow to? What's that? Great. 1,020. Let's make the math even simpler. Let's say I have a 100 shekels in the account. After a year, what will that grow to at 2%. 120 shekels. For for 2%, it will be 102 shekels. Because think about it. If it's 1% I get 101 shekele. If it's 2% I get 102 shekel. If it's 10% how many shekels do I get? 110. Okay. So we're just understanding a little bit. So let's say I have a,000 shekels. And if you're like I don't have a,000 shekels. That's fine. You don't have to have a th000 shekels. Just as an example. I have a,000 shekels and I put that into a bank and it grows at 2%. After 40 years, how much do you think that money would turn into? Just give me a guess for for 40 years. So, I put it into a bank and I let sit there for 40 years. Now, again, you don't have to let it sit there for 40 years, but just as an example, how much money that thousand shekels, how much? 50,000. What was the number? 50,000. Okay, that's that's a lot. Okay, 50,000. Other other thoughts? People think different. What's that? 1,800. Okay. 1,800. 35,000. 42,000. Okay. I think I heard 5,000. I heard 32,000. Any other thoughts? 25,000. Okay. So, at 2% at 2% that money after 40 years will grow to 2.2,000. So, it will make 1,200 shekels. will make this amount of money. Is that if someone said, "Give me your money for 40 years and I'll give you back, you know, 1 point uh 1,000." Is that is that good? Is that interesting? Does that suck? What do you think? What's that? Sucks. What What do you guys think on Zoom? You agree? You disagree? That sucks. That sucks. Okay. Would you want to do that if I'm like, "Look, I'm going to teach you the skills where if you take a,000 shekels and after 40 years it's going to be 2,200." Is that not not so interesting, right? Okay. So, let me run another scenario with you. Let's say you invest the money into the stock market. Okay. The stock market on average, this guy, he's got a twin brother. he puts into the stock market and the stock market on average makes about 10% per year. Now we'll find out is that true? How do you get that? What do you do? Just accept that for now and I'll explain though how you can actually get this. If I then put into the stock market and I just put it in 40 years and I just leave it. I never touch it and it's go and it increase by 10% a year. How much do you think after 40 years this will turn into? We saw this turned into 40,000. Okay. Or 40,000 11,000 5,000. Okay. Any other guesses? 15,000. Okay. So, I'm still kind of confused. What was there was a question a second ago someone asked. I'm still I asked I'm still kind of confused with percentage thing. like what what it means for example. So let okay so let let me just uh give one more example that will hopefully help. We said that if something grows at 2% a year let's do simple math. I put a 100 shekels in the bank account and it grows by 2% at the end of the year how much is that? 102%. So this at 10% after one year what would the 100 shekele turn into? Great. So, we're saying that's how much it increases per year. Okay. So, if I put this into the stock market for 40 years again, you might 10,000. Okay. It's going to 10,000 grow grow 10,000 grow to 45 45,000 shekels. This is not my opinion. This is what it will do if it grows at 10% a year. The difference is 42,000 shekels between 2% and 10%. Now, if I said to you, give me a,000 shekels and in 40 years I'll give you 45,000 shekels. Is that more interesting? Would you maybe consider it? Okay, definitely consider it. And as we're going to see very soon, there's things that grow much faster than 10%. But we can see the average person puts their money into a bank account that grows at 2%. And something as simple as just as pointing to the stock market and we'll see how can make your money grow much much much much faster. Okay. So what are we actually going to do today in this program? Like what can we expect? So all of you have a personality. Okay. You actually also have a money personality. What that means is that you have thoughts inside of your head the way you think about money. You might think ah getting money is easy or getting money is hard or it's easy to be rich or it's hard to be rich or other kinds of things. We're going to learn about your money personality because it will help you to make more money if you understand what you're actually thinking which you might not have thought about in this way before. Then we're going to see actually how much the stock market can earn you in the next five years, 10 years, 20 years in the short term and long term based on exactly how much you have. If you say I have 100 shekels, great. We can find out how much can the stock market actually earn you and is it worth it. And then today we are going to buy and sell stocks. We're going to do it in a virtual account. So it's not with real money. So don't worry, you don't have to. But you will actually buy and sell stocks today. Who here owns stocks already? One. Okay. Kai, you own some stocks. Great. What stocks do you own or me? Okay. Okay, cool. On Zoom, I heard. What are So, a few people own stocks. What are some stocks you own? S&P 500. Okay, nice. Other companies, random companies. Okay, great. So today we're going to learn in depth. So for those that actually already own stocks, great. We're going to learn some new ways to buy and sell them. For everyone that's fresh, by the end of today, you will actually know the full process on how to buy stocks. If you open up an app on your phone and you want to buy stocks, you'll know exactly what you would actually need to do to do it. Again, it's with fake money because we're learning. And then we'll also learn the program obviously to use with real money, how to actually do that. Okay. So question. Ah, okay. Um, okay. Now I have to read this disclaimer. Okay. The content of the stock market boot camp is for educational purposes only. I'm merely studying my own personal opinion. I'm not a licensed financial adviser. This class is not intended to be used as a complete source of information on any particular company or investing vehicle. Every investment decision is your decision, your responsibility. Always research your own investments. Consult with a registered investment investment pension adviser and your parents. All stocks investments mentioned in the course are merely being used for illustrative purposes and are not a recommendation to buy or sell the specific securities or stocks. Any individual who chooses to invest money should do so with caution. Investing carries a high degree of risk. You may lose some or all of the money that's invested. I'm not responsible for your success or failure. Don't invest money you can't afford to lose or lie upon for your cost of living. That sounds horrible, right? It sounds like you're going to lose all of your money that you're just coming here and saying like, "Okay, let's see. Let's see if it's actually as scary. I have to say this. Let's see if it's actually as scary and as horrible as it just as it just kind of sounded from that that spiel." Okay, so let's start with money personality. Okay, I'll do one last check just in case anyone is locked out of Zoom here. Okay, it looks like we're all right. Okay. So, you have a money personality just like you have a regular personality, just like you have views on maybe sports or movies or food or whatever. You have views on money as well. So, I'm going to just ask a couple random questions. You can answer aloud. You can just think, but it will help to give you sort of some ideas. Are you naturally more of a spender or saver? Saver. Okay. There's no wrong answer. So don't spend. Okay. How about here? Saver. Saver. Okay. What? What here? Spender. Okay. Okay. Okay. So, there's a mix. Great. What type of purchases do you make more often? Do you make you buy lots of little things more often or you save up usually to buy bigger things? Okay. Or save big things. Save up for the big things. Little things. Little things. Biggest things. Okay. Do you prefer to get the newest thing or you prefer to wait to get it for the best price? The lowest price? Best price. Okay. Best price. Yeah. Best price. Let me even ask a question. Oh, it's not perfect question. ask if you if there's a movie coming out, you prefer to see in the theater or like rent it when it comes to, you know, see it at home. Theat's cheaper. At home cuz theat's cheaper. Which theater are you going to? When they come out, they're like $20 to rent most movies. Okay. But that's usually at first and it goes down. But okay. And I guess also it's a little bit different when you go to a theater and you see like I don't know on the big screen and there's like the base and everything. It is different usually at home unless you have a movie theater at home. Um, okay. The idea of getting rich seems hopeless or with hard work it's possible. With hard work it's possible. What's that? With hard work. Okay. With yanzoo. Hard work it's possible. Okay. Okay. And I've got one last one. Does thinking about replace the word money I need to change this. Does thinking about investing when I say you need to start investing does that make you feel nervous or excited? Excited. Excited. Okay. It can also be both. That's also okay. Excited. And what you got to smile? Excited or nervous? Oh, just excited. Okay. Okay. Nice. How about uh excited? Nervous? A bit of both. Okay. Nice. Anyone who anyone on Zoom feels very nervous. It's okay. That's that's why you're arguing. Anyone? Okay. Okay. Great. Great. Okay. So, what I want to do is the following. I I'm going to put us into a WhatsApp group. I have a quiz about your money or sounding. So, for everyone on Zoom and here, I I'll also share this on the link in Zoom. Take your phone out, take a picture of this, and we'll get you into the WhatsApp group. And then I'm going to put the mini quiz in there. And on Zoom, I will also share the link in the chat. But just you can take a picture, then you're in the group. Let's see. Are people coming in the group? Okay, great. Please write your name in the group when you join just so I know who you are. It's uh not connecting actually. Okay, so what I'll what I'm going to do here is I'm going to first I'm going to put the mini quiz here. Okay, I see Kai's in here. Karen, Raphael, great. I'm going to put the link here. Give me one second. Okay. On Zoom in the chat window. Hold on. Did I scan the QR code? Hold on one second. Okay. In the Zoom chat. Oh, sorry. I put the form, but what I'm going to do something else, too. Share a link to this micro by link link. Okay, our own slow-mo. Okay, people are coming in. Great. There's one more. Here we go. Zoom on Zoom. I just put the WhatsApp link there. So hopefully that everyone can click on that and join. Uh welcome to the new people that just joined on Zoom as well. Anyone that's not in, let me know. What's that? Uh, do you need to see the Okay, hold on one second. Let me pull it back up. And so you'll see once you're in the group, hold on. Let me make this everyone else. You're okay. Okay. And then so when you're in the group, I just sent a link now and I'll do it again to fill out the investing personality. I'll send it one more time. Thank you everyone putting your name in here. Okay, Izzy's in. Great. Here we go. Yafa's in. Great. So also in the WhatsApp group, what I'm going to do is in the description, I'm also going to put the link there. Money personality quiz link. Should I go into the link that you sent on the group? Sure, no problem. Okay, you guys are in. You all's in. Great. Um, so anyone now not able to access the quiz? What's that? Sorry, I didn't hear. Uh, sorry, it won't let you into the group. Uh, so let me do this. Do you have my WhatsApp or no? So message me with WhatsApp and I will send you a link. Who is stuck on Zoom? Not on Zoom. Who's stuck and can't get in the group? Okay, once you're into the quiz. Okay, just send you this now. Tell me if this gets you in. Are you You guys, you're all in. You're okay. It's okay. You're You're okay. You're in. Okay, cool. Anyone that is not in on Zoom, please tell me. Are you now in? Are you okay? Okay. And again, I'll show you just so everyone's got it for reference in the description for the WhatsApp group. If you missed it in the description right here, you have the quiz right where my uh mouse is on. So, if you didn't see it before, I'll post it one more time. We got 21 people in the group. Oh, I think that there's see here. What should I do if I finish the quiz? Say again. What should I do if I finish the quiz? When you're done with the quiz, no, you just chill out. So, even what we can see here, if you look at my screen, which is pretty cool, we have 13 responses so far to the quiz. we can see in real time. Uh let me see if I'm sharing my screen here. Did I click on the link that you sent? Yes, cuz that will get you into the quiz. So, anyone that's sort of a little bit lost, as long as you're tell me on Zoom, is anyone on Zoom not in the WhatsApp group? If you're having trouble with that, please tell me because I want to help you. If you are in the WhatsApp group, then you can see here I just put the link. This is to the money personality quiz. Click on this and then it'll get you there. And then what I can do here is I can actually see in real time. Okay, so 15 people have answered. We can see the results. Ah, this is interesting. Split. So I'll give us another two, three minutes, 16 answers. More people are coming in and then we'll review. Okay, 18 answers. Okay, we got uh got a lot of answers in here. Great. During this camp, we'll be be investing real money. Um we will learn all of the tools and we will be but we will be practicing with virtual money, but I will also show you how to open a real account. So, if you want to use real money, you can. That's not required, but that's part of it where you'll also know how to do it with real money as well. Does that make sense? Yeah, thank you. Sure. Okay, let's take a quick look at the responses, see a little bit about the group. Okay, so we have pretty close split between saver and spender. Let make this bigger, it's easier to see. Okay, what type of purchases? Okay, now 2/3 would say big purchases. A third is smaller ones. Okay. Okay, definitely 80% basically are like I like to get the best deal getting rich. Okay, some people like it it uh more people think it's possible with hard work. Some are not sure. That's okay. It's my job to show you how to do it on Zoom. You guys can see my screen. I just want to confirm. Hold on. Share this. Okay. That's not what I wanted. I wanted this Zoom. Can you guys see my quiz or you can't see it on my screen? I can see you can see it. I can see it. Okay. And you can see me as Okay. All right. Let's keep going. That's a bit unusual. Ah, okay. Maybe that's okay. So, getting rich is okay. And then thinking about investing. Okay. Most people are pretty excited. Some are nervous. That's okay. And now this is interesting. How much of your money that you have do you want to invest? So we see the majority of people want to invest about 25% of their money. Okay, that's cool. We have a smaller group that wants to invest 50%. And then some also similar for for 75%. 100% no one. That's okay. That's a very large amount. Um 40%. So we're seeing okay most people want to spend invest maybe between 25 and 50 something like that. Okay. So all right, let me see. Why can I not have my my image my video here? I want you guys to see me. Share. Give me one second. I just want to get something to make sure. Oh, there's me like that. That's interesting. Let's see how that works. No, it's it's not. Uh, okay. Looks like you have a green screen. What's that? It looks like you're on a green screen. Like you could see me for some reason. Okay, just tell me this on and then we'll we'll keep rolling. Right now, everyone on Zoom, can you both see my video and the background behind me? Yes. Okay, I can see. Okay, so then we're we're okay. I just don't want to you want. What was that last comment? No. Okay. So, the reason why we care about this is because if I come and I create some plan for you that says, okay, you need to take 80% of your money and you need to invest it and you're not you're you naturally are a spender, not a saver. and also you're nervous about investing. Do you think you would actually do that plan? So just like we need to customize a plan for you so you will actually do it based on your needs. Let me let me ask like an example that's kind of similar. Um so when it comes to getting in shape, if I say I want to get in great shape, what's required? What's the strategy to get in better shape? What do I have to do? What's that? Okay. Workout. What else? Diet. Diet. Okay. So, work out. You said sleep well. Okay. That's also good. Recovery. So, let me ask you a question. Is the strategy of how to get in shape that difficult? Do people not know the strategy? Is that what stops people or is it or is it the behavior? It's a behavior actually getting up, working out when you don't feel like it. So, the same kind of thing with investing, we need to make sure this fits to you because you're going to learn all of the knowledge you need to grow money in the stock market. You will learn it. You will be an expert. But just like if I say to you, okay, to get in great shape, you need to now only eat broccoli and you need to get up at 5 in the morning and run. If you don't want to do those things, you're never going to do it. So, the same kind of thing with the investing personality. Now, here's the good news. Here's what you do not need to succeed at the stock market. You don't need to be good at math. If you're good at math, great. Who here doesn't like math? Okay. Okay. I got a few hands raised on Zoom. Who does not like math? Me. Great. You can be proud. You can still make tons of money in the stock market. Or he raised his hand. Okay. Without being good at math. If you're good at math, great. That's not what you need. You do not need a ton of money to make money in the stock market. Some people like, "Oh, I I have to have 10,000 shekels or something." You don't need to. If you have it, great. You don't need to succeed. And you don't need a ton of time. So, let me ask you a question. Who here has a part-time job? Okay, Kai, what's your part-time job? You're a waiter. Okay. Do you to get paid? You have to trade your time for money, right? You have to go in, you have to do the job, and they pay you. Okay. Anyone else have a part-time job? Anyone here? Anyone on Zoom? Me. Okay. What is it? I'm a waiter as well. Okay. Anyone with a different job? One. Okay. The What's that? Yeah. It gets you money. Do you So with babysitting, do you have to trade your time for money? Yeah. You have to show up and then you get paid. The stock market is one of the very few things in the world where you can make money and you don't have to trade time for money. What you need to do is you need to buy the right thing and then let it go up and then sell it. So it's not, hey, if I work 20 hours, I'm going to get this amount of money. that stock market is a very different than any almost any other kind of thing. And what I'm saying like this is you're not going to be up all night. It's not going to be like another part-time job. None of that stuff is needed. So, I want to get into things with you, but I just want to make very clear about some things the stock market doesn't care about. The stock market doesn't care how old you are. I have a three-year-old son. He's making money in the stock market right now. The stock market doesn't care your age. You can still make money. The stock market doesn't care if you suck at school. You can still make money. I guess in Israel they don't give Fs anymore, right? They give what? Like D's or something. What's the lowest? 40. Is there a letter though with it or no? Okay. It doesn't matter. I teach adults. I tell them, "If you suck at your job, if you're bad, it doesn't matter. You can still make money. The stock market doesn't care. It doesn't care if you're lazy. It's not about doing hard work to make money in the stock market. And if you have no time, all this is going to take at the end of this is about it's not 10 minutes a day, it's about 10 minutes a week. You're going to see that's all it will take to make money in the stock market. Let me let me share with you guys who knows all all we have to do the game that we're playing. There's just two things. We have to pick the right stock and we figure out how do we pick the right stock? We have to pick the right stock and then we have to buy it which you're going to see even today takes two minutes and then we need to wait for it to go up. Those are the only actions we need to actually do. We're going to want to research and understand stuff, but that that's it. You you decide I want to buy Amazon. You put into your phone. It takes actually less than two minutes. That's all you need to do. Who who knows how much Bitcoin costs right now to get a Bitcoin? 5,000. Like a million. Other thoughts? 10,000. A million. 10,000. Let's just look. 92,000 Bitcoin in shekels right now. One Bitcoin is 395,000 shekels. Let's do dollars. One Bitcoin is $117,000 to get one Bitcoin. Okay, now oops, hold on. I bought $300 of Bitcoin in 2017. That's when Bitcoin costs $5,000. So, it's gone up about 22 times. It's doubled 22 times since then. What did I What did I have to do to make money with Bitcoin? Silly. Nothing. I I have to just sit and I have to choose the right thing and then I just need to wait and then eventually sell it. That's it. Am I a genius? No. Just you you you buy the right things and you wait. That's the game that we're trying to play. It's very very simple. I'll tell you. I bought Bitcoin then um and then it went up 50%. And I was like this is incredible. Went up like 50% in like two weeks and I sold it. So I sold it. Then I bought some more Bitcoin around $10,000 which at the time seemed high but now it's like well I mean I bought I sold over time whatever but all all it takes is we need to find the right things. We need to spend a minute to buy them and we need to be patient. Okay. So just uh now before we get into things just like a little bit of introductions anyone on Zoom anyone here just to share like what why you wanted to join this program or what you want to get out of it why you're here and it's okay to say I want money that's completely okay give me money um on Zoom someone want to share one of my other friends does your classes So he told me I should do this. So I just want what you told me. Okay. Did your friend say anything particular about it that made you interested? Uh well it's helps you with investing. So I want to invest stuff. So should help me. Okay cool. Anyone else? Did your parents make you come? Did you want to come? Maybe it maybe it makes. I don't know. Okay. Okay. What made you want to come? What was the idea? You're like, "Oh, this is interesting." Have a lot of money for my work. So, okay. I was just curious. Great. Okay. On Zoom. Curious. Makes sense. Anyone skeptical? Will this work? Can I trust this? Okay. Okay. That's that's totally fine. Um, anyone else on Zoom just want a quick intro? What what what you'd want the most out of this program? What you want to learn that would you be like, "Okay, this is awesome. This is what I want to learn." Anything? Want to learn how to make money by myself. Cool. Okay, you're in the right place. Anyone else here? Okay, so let me share this. I'm going to try one more time. Okay. Okay, now it's working a bit better. At least the share screen part. All right. Um, so how does this work? Is this a scam? Who the hell is this guy in the front of the class? Why should I believe him? If you're having any of those questions, that that makes sense. I'd have the exact same questions. So, I'll share just a little bit about who I am, what's going on. This is me when I was a teen. This was actually right around my bar mitzvah age. Um, and I remember from my bar mitzvah, I got, you know, you I got gifts like everyone usually you get some gifts. I got some really bad gifts. I got what was very popular at the time, a piano neck tie. So, it's like kind of like I guess cool fashion. Definitely did not like did not stay cool for very long. Um, I got that. I remember I got this. Does anyone know what this is? Because this was cutting edge technology. It's like a Walkman but different than a Walkman. What go What goes inside of it? A CD. A CD. This was when CDs first came out. And I I'm sure none of you guys have experienced this. These like you'd be able to have high quality music and take it out with you, which was really cool. But CDs would skip a lot. So what what I mean by that is if I'm listening to a song, I'm like like if you move around and it like shakes even a little bit, the CD will stop. Um so although it was cool then it was like I mean what it's like the equivalent of maybe getting like a PlayStation 5 or like AirPods or something like that today. So, I got that. Um, and I also got bar mitzvah money. And you know, as as a bar mitzvah, what are you supposed to before a bar mitzvah and after a bar mitzvah, what are you supposed to transition from? Before you were a child and now you are a man, grow up, an adult. So, I thought, you know, I had this bar mitzvah. I'm now an adult. So I said to my parents, I want to invest my bar mitzvah money and you know I'm an adult. I can use it. I can do whatever I want with it. And they said like there's no way you can't touch it. You're just going to lose it. You don't know what you're doing. And we're just going to put it into a savings account. And I remember I was like I was very I was like I'm supposed to be a man, right? I just had this bar miss. I gave a speech in Shu. I'm a man now where they treat me very much like a child when it came to money. So they took that money and they basically put it into an account and from there um I started in high school. So I live in California. I grew up in California. I had this business I started selling video games. Does anyone here like video games? Okay. Any uh Yeah, I do. Okay. What What's a game you like? Battlefront 2. Okay. Minecraft. Minecraft. Okay. Anything else? Um, Mortal Kombat. Okay. Okay. FIFA. Okay. Nice. Nice. You had one. Roblox. Okay. Um, so I my my high school job was I got video games for my friends and I took them to this market like I guess it's like the equivalent of like a Yoda market and I would sell video games. I would trade video games for money. Anyone know what system? Like what system is this? Nintendo N64. What's this one here? Or something. Original Nintendo. Super Nintendo. It was like around the time where PlayStation one came out, Sega Saturn. There was like uh that kind of thing they had some Game Boy stuff. So what I would do is I'd say to my friends, "Give me your video games you don't want. I'm going to take them and if I sell them there, I'll give you half the money." That was kind of my business that I did when I was in high school. So, I traded video games for money. This was a I hope you can recognize me from this picture. This is me as a maybe around your age. Um, and I had this money from my from my bar mitzvah and I had this video game money, but I still couldn't do anything with it. And then what happened was I turned 23 and I moved to Tokyo. I finished university and I moved to Japan. This is my She was my girlfriend. This is my wife now. Um, and I remember like I don't know if anyone's been to Tokyo, it's like lit up like Disneyland, like with all these lights. It was crazy. We'd ride around scooters and the Tokyo streets at night. And I was out one night and I met this guy named Ken. And Ken told me, he said he lives part of the year in Japan. He lives part of the year in America. And he does it through money he makes from his investments. It gave him the freedom to live where he wants, to work when he wants, time freedom, money freedom, uh, and location freedom. And I was like, this was the first time in in my life I met someone in person that actually was making money from the stock market that basically made them free to do what they wanted. I mean, he had options. He had these choices I was talking about. And it was like this lightning bolt went out where I'm like I don't know what he's doing but I want that. I was like I want my money to start earning money for me. So he said I do it in the stock market. So I'm like okay now now is the time for me to actually try and learn how to invest. So the first question by the way is it very cold? You guys are cold here. Okay. Somewhere in the middle I know I'm a little bit chilly here. Okay. So, the first question we need to answer and let's say someone comes to you like, "Hey, you're you're in a stock market program. How do how does the stock market work?" How would you answer? Someone says, "How does the stock market work?" Not a trick question like what what would you say? Anyone on Zoom welcome to answer or you buy and trade stocks. Fantastic. You buy and trade stocks, right? Any anyone have anything to add to that? More details around how the stock market works. You buy a percentage of the company and then the company goes up. Okay, great. Awesome. So, basically stocks are bought and sold on a stock market. Let's say that I want Tesla stock. Can I go to Tesla's headquarters and knock on the door and say I want to buy Tesla stock? Would that work? No, you do it online. Yes, you do it on on the stock market. So, the equivalent of it would be like if I want to buy something online, not a stock, just buy something online. Are there some marketplaces that sell many products online? What are some examples of that? What's an online shop that sells many products from many companies? Amazon. Perfect. Amazon. What else? AliExpress. AliExpress. eBay. Is that what I heard? Great. eBay. Any others? So again, the same kind of thing is with a stock market. I go to these sites and on these sites, that's where I can buy the stocks. I don't buy them from Amazon. I don't go to Amazon's headquarters, but I buy them on the stock market. Um, are there is there more than one stock market or is there only one stock market? Is that more? Okay. On Zoom, are there many stock markets? Many. What are some examples? What are some names of other stock markets? What's that? Ah, so that's where you buy and sell stocks. So, it's a little bit different. Um, like for example, does Israel have a stock market? What's that? Yeah, Bersa. The Tel Aviv Stock Exchange. Is there one in London? Anyone know what's that? Probably. Yeah. So, there's the London Stock Exchange. Is there one in America? Yes. What's that? Definitely. Uh, so, so the US one is the New York Stock Exchange. You have the Hong Kong stock exchange, the Japanese stock exchange. Many countries where there's companies have stock exchanges just like you know there's many places online where you can buy products from the same kind of idea. So let me give an example here and also we're going to have a break. Usually in the program we have like two breaks for 10 minutes. We'll have a first break in like 10 minutes. Okay let's pretend for a second that this is the is like the stock market here. This is where I buy it. I buy Apple, Apple stock on, you know, Amazon or whatever. If I were to buy a stock of Apple using this example of a phone, let's say the phone represents the whole company of Apple. In this example, if I were to buy a stock, what would I actually be getting in this example? But think about this. So think this phone actually represents all of the Apple company. In this example, it's not real, but in the example, if I buy a stock, some stock of Apple, what would I get here? Just thinking about the phone, what would I actually get? Any ideas? That's right. Part of the company. Okay. But I'm saying the whole company is represented by this phone. If I were to buy a stock of Apple, it'd be like I get a little part of the company. It's like I get a little part of the phone. When you buy a stock, you actually own and you know on Zoom, you guys said it, you actually own part of the company. So if this phone represents all of Apple and I bought a stock of the phone, I would get a little piece of the phone. When you buy a stock on the stock market, you actually own some. So, if you buy Roblox stock, you own some of the actual company of Roblox. If the company of Roblox makes more money and does well, your little ownership of it is worth more because the company is worth more. Um, what would happen if I bought all of 100% of Amazon stock? I'd own the company Amazon. Exactly. Again, it's not simple to do it. there's some legal issues where you're not really able to do it like that. But theoretically, if you own all of the stock, you own the company. It's 100% yours, that kind of thing. So that's sometimes why it's called a share. It's a stock or share because you share ownership in the company. So if the company's value goes up, so let me ask you a question. Let's say that Apple, the company, comes out and they say, "We are now going to start making I don't know. I'm just making this up, but we're going to start making an Apple car." Do you think if they if they do it well, will they make more money? Yeah. So, if I own a little bit of Apple and all of a sudden there's a new business and it makes more money, would would I own be worth more money? Yeah. Yes. That's exactly how the stock market works. I'm buying a part of a company that I think is valuable and it's going to become more valuable. And as it does, my ownership, my little part of it becomes worth more. Okay. So, in the case of Apple, Apple released Who has an iPhone here? By the way, I've got a old 11, but Okay. So, I'm going to switch to an iPhone. I don't have one yet. Okay. I'm not My wife has a Samsung. I've got an iPhone. Not Not saying you need to get an iPhone, but okay. Just though, as an example, the the first iPhone was released in 2007. It cost $599. Yeah, that's that's what it cost. If you took $599 and instead of buying the iPhone, you invested it in Apple stock, do you think that money would be worth more than $599 now? Yes, definitely. How How much do you think it would be worth? in the millions, thousands, I don't know. Okay, give me give me some numbers. I heard one number. Give me more numbers. Again, no one's going to get it right. But what what do you guys think? If I put $600 instead of buying the phone and I put it into Apple stock, how much do you think that's worth now? $600,000. Okay, that's that's a lot of money. Okay, other thoughts? 6,000. that has gone up from $4 to where it is now to $222. So it went up $5,000%. So that would be basically $30,000. If I said, you know what, I'm I this is a great company. It seems interesting. Okay, maybe I'll buy an iPhone and I'm going to buy that much of Apple stock, too. That's how much it would it would be right now. Now again, how how would we know that? You know, maybe, you know, how can we find great companies? I understand we haven't talked how to actually find ones today, but just so we see the potential. Anyone here wear Nike shoes? Okay. Anyone like like Air Jordans maybe or something like that? Okay. I remember Air Jordans when I was younger. They were very popular. The first Air Jordan came out in 1987. I think it was like 200 bucks. If you put that money into Nike stock, then that would be worth $55,000. Okay. Interesting. Nike higher than Apple from 1987. So again, that's 20 years longer, but from from that point, yeah. Um, one thing I'm actually very proud of is that especially when I lived I lived in America up until before made is I made more money on Amazon stock than I've spent on buying stuff on Amazon, which like that's not so easy, especially in America. You're spending on Amazon all the time. Okay, so I was like, okay, I I kind of get what the stock market is. I want to start to invest. You know, Ken, that guy I met, he was like, I he had this freedom and I'm like, I need to start. I need to try. So, I took the money from my video games. I took the money from my bar mitzvah and I put it into the stock market. How do you think I did? This is a true story. Horribly. You didn't know what to do. Bad. Okay. Do you guys think so poorly of me that I did badly? Okay. What do you guys think here? Good. Bad? Bad. Thank you. Thank you. I put it in and I was like, you know what? I'm like, I'm going to buy serious companies, companies that are like they're going to be good. I decided I'm going to buy banking stocks. You know, can you trust banks in general? Okay, I'm hear I'm hearing a no here. I was like, you know, it's like a real serious business, banks, that kind of stuff. I bought right before a major stock market crash. And the part of the stock market that was hit almost the hardest were banking stocks. And I bought this is one of the companies I just bought. I just chose a few individual stocks. And I remember I bought it and it was going down and down and down. And I remember I had an investing account. I was refreshing on it and literally seen like months and years of money that I saved from the video games and from stuff just gone gone. It's it evaporated. And it's not like I can't yell at anyone. What's that? The money. Well, the value of the company started to go down. So, people would pay less for it. Like, let's say um this is this is I'm just trying to think of like a an example. It's not right. But to give you an idea, let's say that I buy I have an iPhone, right? And all of a sudden there's a report that all iPhone batteries are exploding and so no one wants one. And if everyone's like, "Okay, that's bad." And I say, you know, I need money and I want to sell this. No one's going to buy it. So basically, these banking stocks were in a kind of a downward spiral. No one wanted to buy the stock. Everyone was selling it. So it just the money goes down because the company's worth much less. So, I ended up losing 75% of all of the money that I had saved in the stock market. How much money in dollars do you think I actually lost? Give me Give me a guess. This is This is my first experience to the stock market. How much money did I basically What's that? 30,000. I wish I had 30,000. What was What did you say? 13 13,000. Okay. on Zoom. $800. How much did you invest? How much did you I won't say because you can do the math. Okay. I heard $800. Anyone else? I lost $14,000. I was like, "This sucks. This is horrible. Bar mitzvah money. I lost that video game money." And it was gone. Um, and I was basically, it felt like the stock market had like chewed me up and like spit me out. It's like, you know what? You think you can have this kind of life and you're free. It was like saying like, "No, you are a joke. You maybe Ken can do it or someone else can do it that's smart or this that you can't do it. You tried. You lost your money. You're a loser. You failed miserably." That's basically how it felt. It was horrible. And so I was like, "Okay, I give up. I can't do this." And just this is not meant for me. I mean, I lost so much money. And so I I I finished working in Japan and then I wor I moved to San Francisco and I started working for PlayStation um in San Francisco. Anyone Anyone know who this character is? Who said? Okay. Anyone on the So I I worked at PlayStation. I was a marketing team there. So I make video game trailers, make the packaging for the video games. I worked on the team that launched God of War II. It was like it was PlayStation 3 days, so it's a little bit ago, but uh so I was there and I remember I was like, "Okay, now I have, you know, a better job. I'm making more money, but I still was like, I can't figure out how to make this money grow." And I remember I was driving one day to PlayStation and I saw I saw I heard uh uh I was it was on YouTube but I was listening to this video about this guy that was a delivery guy. He never made more than $14,000 a year but he died and he had accumulated $70 million through investing. This is a real guy. You can look him up. There's his name. And I I heard this story about this guy and I was like, it makes absolutely no sense. If I earn $14,000 and even if I somehow save all of it, I could never get to $70 million. It just the math made no sense. And I started to hear about what he did in the stock market to actually grow this money. What his approach? I have a question. Sure. Um, when you buy some stock, um, if more or less people buy like more or less stock, does that affect how much percentage you get every year? Yes. If more people buy your stock, the price is going to go up and if less people buy it, it will go down. I'll give you an example in a little bit that will make it really clear, but but that that is the idea. So, this guy Theodore turned a small amount of money into $70 million. And this is real. Again, you could look him up. And I was like, how did he do it? And one of the first principles that I learned from him was I went in and I was buying individual stocks. You can buy something. And on Zoom, you saw you mentioned this earlier. You can buy one thing and this everyone in here will be able to afford this. You're gonna see it's not it's not expensive. You can buy one thing that represents the entire stock market. It's called an index. So, does anyone has anyone heard of what an index of the stock market is or the name of it or what one of them is called? I heard a little bit earlier on Zoom. So, like different stocks in one. So what it is and maybe Kai maybe you said this or I'm not sure or so I can buy first of all the idea of an index what that means is that instead of me trying to choose individual stocks okay I'm going to buy Tesla now I'm going to sell Amazon now I'm going to watch all the time I can buy one thing that does not cost very much money and it will have the 500 best companies in the stock market anyone know what that's called S&P 500. Great. Has anyone heard that term S&P 500 before? You haven't? That's okay. Yeah, someone from the Zoom said, "I have stocks in it." Okay, great. So, what this is is that instead of having to try and just choose individual stocks, this what this does is you buy this one thing and it will automatically filter for you and change over time. So it always has the 500 best companies. So what that means is that if there's companies like let's say IBM, old company, it's it's in there. But if bad companies or if companies are doing badly, they get pulled out of the S&P 500 and they automatically get replaced with better performing companies. So instead of you having to go there and choose and pick and change, this will do it for you. So, just to make sure we understand, do you think the companies in the S&P 500, are they the same as they were 10 years ago? No. If I buy the S&P 10 years ago, you just said they change every S&P 10 years ago, do I need to change any of the companies myself or will be done for me automatically? It will be done automatically. Exactly. So the S&P on average makes about 10% a year. We talked earlier about that example of the one boy kid. He made 2% in a bank and we said the stock market can earn 10% on average per year. Buying the S&P 500 that does about 10% on average per year. Now I'm going to show you things that do much more than that. But just so we understand as a concept, I want to show you what that can actually do. So, if you're 18 years old on Zoom, you can hear audio from the video. Yes. Yeah. Yeah. Cool. Yes. If you're 18 years old and you dollars a month for eight years and then at 8 years you no longer invest again, you'll be financially free by the time you retire. You have $1.8 million. People are like, "What the heck are you talking about?" Well, at 8 years, you would have invested $28,800. And if it was invested in the stock market, which has earned about 10% each year for the last 30 years, and because of compound interest at, you know, retirement age, which is mid60s, you'd have $1.8 million. It's psycho. Okay, let's listen one more time. If you're 18 years old and you invest $300 a month for 8 years and then at 8 years you no longer invest again, you'll be financially free by the time you retire. You have $1.8 million. People are like, "What the heck are you talking about?" Well, at 8 years, you would have invested $28,800. And if it was invested in the stock market which has earned about 10% each year for the last 30 years and because of compound interest at you know retirement age which is mid60s you'd have $1.8 million. It's psycho. So see here. So what he did is he started he did a few things. One thing he started to do was start to buy indexes of the stock market. So we he mentioned the video here compound investing. This is a This is what Einstein described as the eighth wonder of the world. So, here's a little bit how it works. Let's say I want to make a lot of minions. My goal is to make many, many minions. Compound investing, the way that it works is you have two minions. They make minions and then the minions they make also start making minions as well. All of a sudden, with all of them making minions, you much more quickly have tons and tons of minions. So, let me give a more practical example. Let's say I have that 2% uh savings account makes 2% interest. I have a $100. Can be 100. It can be 10 check. Doesn't matter. I'm putting $100 for right now. After one year, how much does 100 turn into $102? Great. After the second year, now we're in year two. How much does $100 make in year two? How much does just $100? How much does it make? 104.2. $102. Great. And now this two, again, think about the minion example. We made $2. Now this is going to start making money for us. How much did this make the next year? It's It's a 2%. How much is that? Okay. So, each dollar makes two cents. So, we have $2. So, how much do we make? Great. Made 4 cents. So, after two years, it made 4 cents. Now, the money you earn starts earning money for you. Now, let's say we put in the stock market, it makes 10%. Okay. How much does a $100 make after the first year? Great. 110. Okay. The next year, how much does the same $100 make? 111. It makes 10. And how much does this make now for you? A dollar. Great. So, that's $21 versus $4. Is that a pretty big difference in like a year or two? That's what compounding does. Then you have $21 making money for you. then you have $41, then you have a $100 versus at the low rate, it grows much less slowly. Another example is like the snowball effect. When you have a big snowball and it rolls and it it grows much more quickly. So, let me show you something here. Okay, this is the S&P 500. We talked about this, right? This is it in the last five years. So, what I'm looking at is we talked about S&P500. Now, don't worry if you're like, "This is $637. I'll show you how to buy it much, much cheaper. No problem. How much is this up in the last 5 years? Who can see it?" So, I took 89, let's say 90%, and I divided that by five years. How much has it grown on average? Roughly. Yeah. Per year, how much is it? What's that? Even higher. A little bit. Yeah. like 18 90%. If I just take this 90%. So this is the S&P we're talking about. So on average it grows 10 years, but now we're seeing this. You can really buy this. It's actually grown about 18% a year on average. And I'll tell you, you guys might not be aware. The stock market had two big crashes in the last 5 years and it still went up. I want to talk about one other thing. Does anyone has any Someone asked in the chat, what's SNP500? So yeah, sorry. Someone ask in the chat. Sorry. Someone ask in the chat, "What is S&P 500?" Okay, great. I'm glad you asked and and ask questions live because I'm not so good at reading the chat when I'm when I'm talking. Who can help explain what is the S&P 500? We talked about it, but let's let's just re review what is it? Okay, I can review. Anyone on Zoom can share what S&P 500 is? Just top 500 world. So what this is is that instead of before I bought individual stocks, I bought this banking stock here and there. I can buy an index. What an index means is you buy one thing, but it has a lot of little pieces of companies inside of it. Think about like a shopping cart. I go to the grocery store and I buy tomatoes, I buy meat, I buy milk, whatever that it's a collection of many things. The same kind of idea is the S&P. The S&P has companies like Amazon. The S&P has um energy companies, healthcare companies. I buy one thing and has a collection of 500 of the best companies. And as we said before, if some companies do badly, it pulls them out and always keeps the best ones inside of it. So I can buy one thing and it has maybe an example is like a pizza. It has 500 little slices of all different great companies in it. And now we're seeing if I want to actually buy it, it's up 90% in the last 5 years. So on average, we said, how much do we say the S&P goes up on average? What's that? 18. Ah, so on average, like over the last 90 years, it's gone up 10% on average, but we're seeing it's actually up about 18% per year on the last 5 years. So 18% 18% 18%, it's gone up 90% in total. I want to talk about does that answer the question on Zoom or should I explain a little bit more? Can you explain a little bit more? Okay, let me let me give one more. So, what has anyone heard of something called the NASDAQ? Has anyone heard that term? Anyone anyone on Zoom heard of the NASDAQ? Yeah. Okay. What What is the NASDAQ? If you don't know, that's also okay. But if if you know, yeah, I don't know. I have no idea. I've just heard of it. Nope. Wrong. The NASDAQ is an index. So again, not just one stock. This is a collection of many stocks, like a basket of stocks of technology companies. So things like Meta, Microsoft, Google, Tesla, Nvidia, all of these are companies that are in the NASDAQ. It's just mainly technology companies. Do you think technology companies grow faster than the overall stock market or slower? Why would they grow faster? Faster and riskier. Okay. Faster for sure. Okay. So, in general, you guys are right. It grows faster. I can buy an index of all of the technology companies. So, the companies I just mentioned the what I would buy that. And we can see here now again don't worry I'll show you how to buy for much cheaper than this. If I look at the last 5 years how much is this up in the last 5 years? How much is that? If I divide that by five how much is that per year? Anyone know? Do it here. Remember this is not a math class. Okay. 22 23%. Okay. So interesting. There's other indexes that do even better. The NASDAQ usually does better than the S&P. So, let me bring this back to here. Okay. Now, I want to show you guys something and then after this, we're going to have a break and I'll I'll send you a link so you can play with this during the break if you want. So, let's say I want to run a little scenario. Okay. In this scenario, go smaller. Let's say I have $1,000. Now, it's okay. You say I don't have $1,000. You have a,000 shekels, whatever. Just for the scenario, let's say I'm going to invest this. Hold on. I'm going to invest this for 50 years. Now, also, we'll see there's ways to make money in soccer much quicker in way way shorter time. But just so we see it, if I put this $1,000 for 50 years, how much do we say on average the S&P returns? Oh, that that's the last five years. But over 90 years, what's the average? 10%. Okay. I put that in that money rose to $117,000. So again, let's say you just you only from this class you're like I'm going to take maybe it's a 100 shekele, maybe it's a thousand shekele, whatever it is, I'm just going to put in the S&P. That's what it would grow to on average. Now if I put it in the NASDAQ, the NASDAQ on average grows 15% per year. This is something all of you can buy. All of you can buy and you can buy for cheap. If this changes to 15%. How much money does it grow to? Million. It grows to a million freaking dollars. You put $1,000 in. You just let it sit. A,000. And let's say you're like, I don't have $1,000. Okay. the next few years you save $100, $100, $100 or whatever, it will turn into a million dollars. The question is how long will it take? Th this is 50 years. Okay? And and it's okay. You might say, I don't want to wait 50 years, but just so you understand the potential of what it can do now. How much we saw the NASDAQ a minute ago. How much did it actually grow in on average in the last 5 years? What's this number? What how much was this? 111%. which came to 22% per year. Now, if I look at the NASDAQ and I go for a longer period of time, right now it's 2025. I go 2015, right? Who can see this? A little bit hard to see. How much is the NASDAQ up in the last 10 years? What percent? 450. How much is that on average? How much is that? Divide that by 10 years. How much that on average per year? 40. 44%. 44.6 that that's what it's actually done. This is not my imagination. This is not what like I I hope it does. The NASDAQ is returned. If I said to you, give me a,000 shekele and next year I'll give you 1,445 shekele. I'll give you an extra 450 shekele back. Is that interesting? Is that pretty good for doing basically nothing? You just buy it and you wait. So, let's say that I put into here again. I'm not going to do it. We we saw the NASDAQ here is up 22%. Let's say I put that into here. Again, I'm not saying it's going to grow, although we did see it went up 44%. How much is that? What what what is that number? $20 million. I started to understand how that delivery guy with $14,000 a year, he actually got to 70 million. Now, there's more to it that he did, but just so you guys understand the most basic investing, this is what the stock market can do. Now, hey, maybe this is fake. Maybe this is not real. Here's what the NASDAQ did. It went up in the last 5 years, 22% a year. The last 10 years, it went up 40%. I'm not even going to put the number 40 in because it's it's totally just not realistic. But just let's say I did this number here. Is this in the millions anymore? This is not in the millions. What number is this? This is 20. This is 20 billion. Okay. It's It's not going to grow at 40% per year, even though it has for the last 10 years. We should not assume that by any means. But again, if I'm like, I just invested in the NASDAQ and on average it does that. What happens if you put in let's say you put in 3,000 and let's say each month you're like, I'm going to invest $100 more 100 bucks. Now, you might say, I don't have $100. That turns in if you invest if you invest like more money, why don't you just take down the years of growth because then like you could wait less time because you actually invested more money. Totally. So, what I'm going to do is we're going to go on break for 10 minutes. I'm going to give you the link to do this. You can put in whatever you want. You be like, "Look, I need this in 10 years. What does that turn into?" Okay. Well, 3,000 still turns it goes up 10 times the amount here. You can play with this. I just want you to understand the potential of what the stock market has actually done. And this can work for anyone. As I said, I have a three-year-old son. He's making money in the stock market. Anyone can do this. Um, okay. So, I'm going to share this link. We'll then take a 10-minute break and then we will go in deeper. So, let me I'm going to put this in the WhatsApp group. Is anyone on the Zoom not in the WhatsApp group? Just so I know. I'll put this in the the Zoom chat also. Here we go. Okay. So, the time What's that? I'll I'll share with you the break now. Sorry. Sorry. I cut you off. What did you say? Can I go into the break now? Yeah. So, I'm gonna I'm going to show you one other thing because if anyone wants to play with this, there's questions about what to put here and then we'll go on a break. You get this is initial deposit means how much money you put in. This means how many years and this is the rate it grows. So, if I want to put into as 2% that will show me what it's going to do. Now, compound frequency just put annually. I'll explain later what that means, but there's three options. just put annually and if the contribution amount means hey I have a part-time job I save money I want to invest each month I want to invest $50 that would be monthly how much you want to put in and if you're like I want to invest nothing you put in nothing okay so we will break now until 11:30 if anyone on on Zoom has questions everyone here has questions you can and then we will zoom in uh 10 minutes yeah what platform do you use so we we we haven't answered yet, but we will get into it because I want to show you the the reason I haven't answered it yet is because based on whether you're Israeli and US, Israeli and British, just Israeli, there's different ones that are better depending on that. So, we we will get into it, but I need time to kind of explain so everyone knows what's the best one for them. If that makes sense. Any other questions on Zoom? Uh, I have a question. Sure. Uh when you go on to like the stock market thing on on Google and it has that number near near whatever it is, what does that mean? Like on the NASDAQ, it says 21,000. Like what is that? Sure. So let me let me do that. NASDAQ. So that would be the price to buy it. Now don't worry you I I will show you there's you can buy it at a much much lower price, but that essentially it means dollars. So, if I want% Amazon stock, I have to pay $222 to buy Amazon stock. How much percent is the $222? To do that, it's it's somewhat complex, but the the way you would do it is the whole company, if I want to buy all of it, you can see here where it says market cap is $2.37 trillion. So if I wanted to find out how how much percent I would divide 222 by 2.37 trillion. It's going to be a a very very small amount but you still are a partial owner. Okay. Thank you. Sure. Any other questions on Zoom? Okay. So we'll take a break. I will see you guys in 10 minutes. Here we go. Okay, cool. So, the main what I saw from this was just what the stock market can actually do with regular kinds of investments. Not like crazy things like I've got to put all my money into Bitcoin or I need to buy some kind of like very risky company I've never even heard of. Regular kind of investments can actually make a huge amount of money. Okay. So, I'm like, interesting. So, one of those principles was, you know, you don't need to buy individual stocks. Again, I'm not against stocks. You can buy them, but you can actually buy the market. And as we see with S&P 500, on average, it goes up 10% a year. Now, again, it doesn't just always go up. It goes up and it goes down, but on average, that's what it does. So, and then I start to invest. And these are actually some of the gains that I've got. So this was this amount is how much I made and then I took out and spent or used. So I made $10,000 in 2017. Then I made $27,000 the year after. So like, okay, this is getting better. Then the next year I only made 1,000. So again, it's not like it's just straight up. It was going up, then it went down. Then Corona came. I made $110,000 in the stock market that I took out. Then 158,000. Um, oh, I I I should have more recent years here. Maybe it's coming in a second. The the two principles are you can buy the overall stock market and you can let it compound and it can grow much more quickly than you think. And what happened from this was I uh also I'll show you guys I run a hoo during the year. So I have this program. I also have a hoo where we invest money over several months. It can be real money. It can be virtual money. In the hoo you can see here's money that people made. 90% of the people in the hoo made money. 90%. This person made 3,000 bucks. 2,000 1,800. Do you think that in this hoo everyone just happens to be a genius? The 90% got incredible. Why do you think so many people made money? What what could be the reason? So let me let me answer that with a question. Has anyone heard or or thought is the stock market gambling? Anyone heard about that idea? Yes. What do you guys think? Can I can I have computers closed just uh so I can we we'll get into that in a little bit. So the question is is the stock market is it gambling? Yes. Yes. It's okay. Maybe the answer you think is yes. I think it is but with less less risk. So let me ask you a question. If you went to Las Vegas, right, do you win more than 50% of the time or do you lose more than 50% of the time? You lose you lose much more of of your money on average than you make in the stock market. Does the stock market go up more than 50% of the time or not? It goes up 71% of the time. So if you are in the stock market and you don't buy idiotic things, you most people can make money. It's actually much easier to make money in the stock market because it goes up over 70% of the time. Again, it's not my opinion. This is just a fact. So, if you put money in, and again, different people made different amounts based on what they chose. But you can see if you're in the market and you just give it time, 90% of people made money because that's sort of how the market operates. That's how it does. So what happened is any anyone here seen my website? It's called the stock boss. Okay, it's okay if you haven't. The any the reason why my website is called the stock boss. I am not the boss of the stock market. Clearly, who am I? I'm not the boss. What happened is I worked I told you guys I worked at PlayStation. I also worked You guys know Ubisoft by chance? Anyone? They make like Assassin's Creed. Anyone know that? Yeah. Ubisoft. Okay. So, I worked at Space Station. Then I worked at Ubisoft for a few years. I worked there. Then we moved to Israel. And I worked in high-tech in Israel. My background is marketing. That's all I make video game trailers and posters and whatever. I was sitting at work and the stock market just started to earn more than my salary. It started to earn more than my wife's salary. And all of a sudden, my boss was saying, "Hey, Malcolm, you know, work hard." And it became very hard because the stock market started to become more important to me than my actual job. It became like my boss because the stock market was earning more for me than showing up to work every day. When that happened after a while, then the stock market started to earn a half salary. Then started to earn a full salary, then started earn also what my wife started work. And then my wife transitioned from working to having a part-time job. Then after I'd earned more than both of our salaries, I just quit. When I turned 40, I turned 40 and a week later I just quit. And people they said to me, they said to me, "Why aren't you looking for a job?" And I said, 'Well, one of the reasons is the stock market has just been earning a lot of money and it's giving me this cushion that I I I don't have a need to look for a job again. I I it's not like I don't want to work or anything. And people just started say what what are you buying? What is making you all of this money? And that's from there I started teaching classes because people just said, teach me what you're doing. And then I mainly what I do is I teach adults. And then what they said is, you know, if I only started this when I was a teen, I would be super rich. Please teach it to my kids. And this teen program started because the parents I teach were just like, "Teach my kids this stuff." Because what we saw before, and you were just playing with it on the on the calculator when I have a question. Hold on just one second. The stock boss. Well, that that's the name of my website, the stockboss.com. The stock boss means when the stock market earns more money than your regular job, it becomes your boss. That's the idea. The reason why adults were saying they w they wish they learned this as a teen. Why do you think they wish they started as a teen? Compound interest. What did you guys see on that um the website that we just looked at? Compound interest. Yeah. When you have more years for that money to grow, it's just so much easier to make money. If I'm 60 and I want to make money in stock market, is it easier or harder than if I'm 15? Hard. It's it's much harder if I'm 60 because I have a very short amount of time. If I'm 15, that money can grow and grow. And you know, do you know what percentage of of people that are, let's say, 15 learn about the stock market? Like what percentage would you guess? It's tiny. By you guys learning this at this age and just using a few simple things, it can make you so much money. So, I started to just teach uh this is maybe from last year. Um, and you know, I get message from people all the time. This person did the course made $100,000. I have teens. I'll send you I have teens me that send me messages. They're like, "I made 10,000 shekels since I took your class." Like, um, but and so what I started How much how much did he invest and how long did it take him? Um, I I'd have to ask, but I think that's someone that took my class last year. This person, their portfolio is up 58%, so they must have started with Okay, maybe they started with 200, but they made 100. That's still 58%'s pretty awesome. So, I started give uh talks. Hold on just one second. started to give talks like a nephesh benefish for anyone knows. I start to give classes at Meta. The company has like an investing club for their employees. I teach there. I teach at Google and I teach at uh Tel Aviv University. Um and Tel Aviv University is the number one business school in all of Israel. So if you're wondering, you know, who is this guy? Can I trust him? Is this is this real? I I I what I'm sharing with you in this program is from the top business school in Israel. I teach a stock market course there. These are things that all of you can achieve. Anyone can achieve it. There's a question. Was there a question? Oh, okay. Okay. So, what we want to do is what most people don't do. The default is let's put that money into a savings account. We can see by just investing even with just something like 10% which we're going to see there's things also will make much more than this what it can do. So let's do a few little scenarios together. Okay, let's say you are around barb mitzvah age and scenario one you're 13. Okay, and you have $5,000. Now it's okay if you're like look I don't have 5,000. Let's just see what the stock market can do. And you invested for 50 years. And how much do we say the S&P grows on average per year? 10%. 10% for the S&P. Okay. Let's see how much this grows to. So help me fill this out so we get the practice of using this. How much do we start with? Do we say we have 5,000? 5,000. Great. Now I'm going to just put in until for 50 years. Again, we'll see. I promise you'll see many ways to grow your money much quicker. And how much does the stock market do we say it's going to go up per year? 10%. How much do you think this is going to turn into? More than 10%. Yeah. So again, you can change. I want I I don't want to give a very aggressive thing. It's going to go up 100%. You know, if it does, great. I want it to be, you know, a more a basic kind of approach. Yeah. Safer approach. And if it goes up more, great. But I don't want to make something where we're thinking it's going to go up 30% a year because maybe it will, but maybe it won't. We'll see. We'll see. Maybe it crash, maybe it can't. But well, well, I guess what I'll say is that over 90 years it's gone up 10% a year on average. So, let me ask you a question. If someone says, well, and that was like with World War II, the Holocaust, was all kinds of tragedies that have happened for the last nine years. It still is up 10% a year on average. Again, some years up 20%, some years it's down 10%, but that's the average. If someone says, "You know what? I think the stock market's never going to get any higher. It's only going to have some horrible crash that's never going to recover." What would you trust? 90 years of data or someone's just scared opinion? What What makes more sense to trust? 90 years of data. 90 years of data. Yeah. Again, we we can't see the future, but just think about, well, can I trust this? Can I trust this guy, Malcolm? What's going on? I'm just saying, let's look at the data. That's all it is. It's not my opinion. So, we say this goes up 10% a year. How much do we think 5,000 will turn into, okay? That's uh that is remember it's only 10% a year. This will go up almost 600,000. Yes. Okay. So, again, if you if you said I have 5,000, I'm going to put this in. Never going to touch it. That's what Yeah. Oh, are you sending a message? Sure. No problem. What's the contribution amount? So, who who knows what contribution amount means? How much? But every month, an amount that you add in either monthly or annually to it that it would grow more. No problem. What I'll do as well, just so you know, I send the recording by 1:30 so you can watch the recording and uh catch up what you missed. Okay. Okay. So, if I if if I invest money in the stock market, could I pull it out whenever I want? Like, so that's a question. If you if you put money in the stock market, can you can I sell I buy Amazon stock. Can I sell whenever I want or it's like fixed and I can't? What do you guys think? And by the way, who's the buyer? Like who? You can sell whenever you want. So, you can sell whenever you want. Whenever the stock's open. Yes. Whenever the stock market's open and open. What's that? When does it does it open? So, the stock market's open. And we're going to get to this. We're going to talk about this just shortly today. It's open Monday to Friday. And it opens at 4:30 p.m. Israel time, which is 9:30 in New York. and it closes at 11:00 p.m. Israel time. So again, it's based on the US stock market. So it opens at 9:30 in the morning, US time, and goes until 4 p.m. in the US, which in Israel is 4:30 to 11 at night. But who is the buyer? Like if I want to sell, so at any given time in the stock market, there are thousands, tens of thousands of buyers all the time. It's like a it's like an auction. And so there's someone out there that will buy your stock. You don't need to worry who it is. at any time there's someone that will buy it there. You don't need to worry. Do I have to do I have to accept it? Do I have to like agree that I let him buy it? Like how does it work? So, let let me let me continue on this and and I'll get to your question in a second. It's very important, but let me just share the flow on this and I'll get to those specifics. So, this this if I have 5,000 that turns into over half a million dollars. Okay. It's like, okay, this is pretty interesting. Let's take another example. You have you're 17. You have $1,000. Okay, so a smaller amount. And you put in $125 a month. Okay, $125 a month. Maybe you say, "Oh, I can't earn that much money now." Trust me, as you get older, you will absolutely earn that much money and much more. So that's $1,500 a year. So remember these things. Tell me what to put into the model here. So I'm back here. How much do I start with? Okay. What's What's a growth rate? 10%. And how much am I putting in? Am I putting this in monthly or annually? Which one? Monthly, right? So, I'll put a 125. Oops. That turns into how much is that? 2,000. Do you think Do you think that you could save I guess $125 probably equivalent to 400 shekel a month? Is that possible to become to have two million bucks? Yeah, especially when you really start working at a job, you uh you absolutely can. Let's say you put into the NASDAQ exact same amount of money. How much do you think this is going to turn into? We're at about 2 million now. So, right now, so the NA What's the NASDAQ return on average? What do we say? 22%. 15. But on average, so it's it's returned 22, but but on average it's 15%. How does that look? Wow. 12 million. Let's say I start here and I'm like, look, I have $100, okay? And I'm going to put about $100 a month each each 400 shekels here. Here's how to get to $11 million. it it's a little bit less. If I start with a thousand, you'll see it's a little bit more than this is 100. But again, if you're like, I don't have a thousand. If you have a 100, if you have 400 shekels and you're like, every month I'm going to put 400 shekels in, that gets you to about $12 million. And you make a large amount of money in a short amount of time. So, we'll talk about that. I totally understand that you're like, I don't want to wait that amount of time, but just so we understand, is this worth it? And also does this seem difficult? But it is I don't know. I mean any anyone can buy this. So it doesn't have to be. We'll talk about more. But just as a fundamental base, this is a lot of money for not a lot of work and not not very complex. I'm just buying the NASDAQ a little bit each month. Uh I'll do one more um one here. 14. Well, actually it's okay. 1.8. So now what I want to do, we're going to do two things. First, we're going to we're going to do a little bit play with this and then we're going to buy stocks today and that's going to be the last thing that we're going to do today. So what I want to do is I want to think about what your goal is with money. Here are some example goals. So one can be you want to travel around the world for half a year. One can be that you want to own open up doesn't have to be a coffee shop, a store, your own store. One could say, I want to stop working at 40 with a million dollars. Maybe you need more than a million, but you know, as an idea, maybe you want to buy a Tesla, you want to study abroad, or you have your own dream. What I want to do now is run a few scenarios to see how much do we actually have to invest to get to these things to actually create a road map. So, what I mean by that is what I'm going to do is I'm going to send all of all of you guys this and what you need to do is you put in this information and you have to figure out just this area how much to invest per month. So, let's do the first one together. Let's say I want to travel around the world for six months. I'm 15. I have $1,500 and I need this much. Let's say that's the estimate. So, if I want to travel around when I'm 25, how many years do I have to invest? 10 years. 10 years because I I'm 15 and it's 25. So, I'm going to go here and this is I'm going to do one example and then you guys I'll I'll let you guys do the rest of these. So, I have how many years to invest do we say? Great. How much did I start with? Hold on. Let's get it back here. How much do I start with? 1,500. And what's the goal? How much do I need to grow it to? Okay. So, let's see here. Oh, okay. So, 15. Put it in. I put into I have a question. Why do why do I have to put in my initial deposit if I already put in my contribution amount? I think there's a minimum. But if you want to do that, just put in, you know, a dollar. That's also okay. Oh, okay. You just have to put it in for like for it to work. All right. Okay. So, yes, for me, if I want to get to $22,000, how much do I need to add each month? Okay, let's try that. $50. Okay, gets me to 13. So, not quite there. Okay, let's try 100. Okay, does that get me to the amount? Yeah, even a little bit higher. So, maybe I'll go like let's say 95. Oops, not one 95. Okay, 22. And let's say instead of b putting into the S&P, I put into the NASDAQ. Now, how much do you think I need to put in? They'll do 50. Do 55, maybe 60. So 60 is probably the equivalent of like 200 shekele, something like that. So again, what what I want us to do is I want to again I'm going to send you this picture. I'm going to send this on WhatsApp. Choose one of these that's interesting to you or you can choose many of them. And you need to figure out how much you need to invest per month. So if I want to have a million dollars at 40 and I'm 14, how many years of investing do I have then between 40 and 14? Who can do the math? 26. Excellent. 26. I start with this and then I need to find out the next thing. So let me share with you guys this. So, we're going to go onto this website, Nerd Wallet, and choose a scenario. Or if you have your own, you're like, "Look, I know that I want to whatever it would be. Let's say I want to I have on there have a pilot's license or I want something." Think of the amount, even if it's not exact, and then start to figure out how much you would actually need to do for that. So, let me share this. Um I'm sorry I wasn't paying attention but um what does compound frequency mean? So compound frequency we just want to put to annual that so I'll I'll that's a good question. Hold on one second. So for everyone here first of all everyone on Zoom are you able to access the WhatsApp chat? If not tell me because I'll send you this image directly. I want everyone have this image. Okay. anyone on Zoom that can't, please let me know. Um, so now choose one of these scenarios. I'm going to leave this on the board and play on Nerd Wallet here and try to figure out how much you need to save each month. And again, compound frequency, just choose annually, daily and monthly means that if it's 15%, that means it's going to go up by 15% every day, which is not what we want. We want it goes up 15% per year annually. Okay. So, let's go here. Anyone have a question on what we're doing? What's contribution amount? Contribution amount means how much each month you're going to save. That's what you're going to be putting in here. So, in this example, I'm getting a 22,000. The the contribution amount is the amount each money. Okay. Am I going to put in $100? Am I going to put in 50 bucks? It's how much you're going to save and invest each month. And what about these stocks? What's that? What about day stocks? So, we'll talk about that, but not today. That that is coming though. That a day trading. Wait, contribution amount. Let's say you put in 50. That means that you're saving 50 and putting in 50. Yeah. Per month. Because we see monthly that means you're saving $50 and investing that each month. Does that make sense? Okay. You guys computers and stuff like that. It's uh Okay. So if anyone's stuck or has has a question, let me know and um choose one of these again whichever one's interesting and try to figure out how much you actually need to how much your contribution amount is to reach This Can you explain to me how I'm supposed to do this? What's that? Can you explain to me how I'm supposed to do this? I'm still a little confused. Yeah, no problem. So, I'll do one example. Uh, just give me literally 10 seconds and I'll I'll do another example. Okay. anyone that's stuck that isn't sure what's going on. Let's do another example together just to help. So, um let's say um a pilot license. Let's do this bottom one here. You with me? Is that okay? Yeah. Okay, cool. And again, anyone that's stuck, I'm going to do one more example. So, what I'm trying to do is figure out how much money do I need to save and invest each month to reach this goal. What I want to do is I want to get $12,000 so I can get a pilot's license. So, I'm 14 and I want to do this by the time I'm 30. So, how many years do I have to invest between 14 and 30? Like, how many years is that? 16. Great. And I have my current savings is $500. So, I'm going to go here. My initial deposit current save $500. How many years did you say I have between 14 and 30? What was that number you said? 16. Great. I have 16. Now, if I invested in the S&P, how much does the S&P grow on average per year? 10%. 10%. Great. So, I'll put in 10%. Now, I have to start to make guesses. How much do I also have to add and keep investing to reach that goal? The goal that I had here is that I want to get $12,000. So, how much, give me a guess, how much should I invest each month to reach that? Um, $100. Sure. Let's put this in. $100. I It gets me way more than I need, which is awesome. So, let's make it lower. Um, $20. $20, you said. Oh, look. Basically, if I go let's say 20 $22 a month, which is probably the equivalent to maybe like 75 shekels will will allow me to get to reach this goal because of the stock market. Does that make sense? Yes. No, I understand. Thank you. Sure. So, now choose another one. Can be this or you maybe have your own idea. You're like, look, I want to whatever it can be and and just play with this. I just want you to get I want you to get familiar with this so you can understand how much it can really earn you. Did you have a question? Sure. If you want to have 1 million on your 40 Yes. Um you need to put the month so Okay. But is that possible? So let's let's do that one in a second. Okay. Here's what I'll do. Let's do the get to a million by 40. Let's do that one and let's see and then we will have our second break and then after the break we're going to buy stocks. Okay. So anyone that wants you can watch. So this is the idea. How to get to a million dollars by 40. How old am I in this example? Okay. So how many years of investing do I have? 26. Great. Okay. 26 years. Okay. So, oops, that's not what I want. 26 here. Okay. How much money did I start with here? 35. 3500. Great. So, I see here $3500. So, let's go. Here we go. Okay. And I put into the S&P. Now, if I want to get to a million dollars, give me an amount I have to save each month. 600. 600. Okay. Okay. Does it reach that goal? Not quite. No. So, give me a higher number. 630,000,000 will get me to almost 1.5 million. So, 700. 700. Okay. 700. So, we see you need to save $700 per month. Now, let's say that you wanted to if you put into the NASDAQ, let's see what that does. That gets you double that. So, how much if I invest in the NASDAQ, how much do I need to put in each month to get to just a million? 500. Okay. Nope. Less. What do you think? 250. 250. Ah, getting close. Give me a little bit more. Let's say 280. Okay. So 280 is the equivalent of maybe like what is it maybe like 800 or 900 shekels. Okay. Now I totally get that might be if you're young saving that amount of money. So to we're saying here to get to a million it it takes $280 a month. Is that is that a lot? that now maybe right now you don't earn $280, but is that especially when you start working is that so crazy that you could earn $280 to to invest? No. Is that is that amount getting to a million that is that pretty good? Okay, so see um Okay, so I'm going to I'm going to take our second break now. Um you guys could play around with this whatever you want and then after we come back from the break we will start to actually buy stocks today. Um but I'll take questions if anyone has anyone have questions on on any of these or what we did or just general an app I should download for uh the next session. I'll tell you right after the the break because I'm going to walk you through how to do it. Okay. Thank you. Cool. Did you guys guys back there were you able to figure it out? You have any questions? Okay. Okay. Cool. Sure. How long is the break? We'll do until 12:10. All right. Cool. If anyone has any general questions, I can also answer. If not, we'll just have the break now. All right. Okay. So, as mentioned, we're now going to open up a virtual investing account. And once we're in, the guide will show you how to do it. So, you can see, ah, this account I've made $28,000. It's not bad. Um, in this one, since I started doing it, when when you're in this account, you go to trade. In trade, you put in what you want to buy. Let's say I want to buy Amazon. What would I put in here to buy it? Okay, I can put in Amazon. There's also a shortened version of the name. Anyone know what that's called? AZ. So, okay, it's called a stock ticker. A ticker is like for Amazon, it's AMZN. It's a short word. So, you can see here I can put an Amazon or here's the ticker, the short version. If I want to buy Nike, who can guess what Nike's ticker would be, the short version of their name. Okay. Close. Close. One other letter. Nke. Great. So, again, I can put in Nike. That's fine. And if you see this, that's what the ticker is. Now, sometimes if you put SPY, I want to buy the S&P. I put SPY. Sometimes you'll see many of these. Just choose the top one. So, this you can see is the S&P 500. So, I can buy this. So, I choose what I want to buy. Then, what it will show me is the price of buying it. Again, don't worry, I'll show you how to buy it for much cheaper. And I will here are the actions. So, my action is what am I doing here? Am I buying it? Am I selling it? or am I doing these other things? What do I want to do? Buy here. I choose. What would I put for quantity? Yeah. So, let's say how many shares of uh S&P should I buy? What do you guys think? One. Five. I'll put two. Two. Okay. You can I You can put in whatever you want. Now, this is important. People are going to ask me about this. The order type you want to put market. What market means is you get it at the price it is. Now, there's other options here which we'll get into. Stop limit trailing stop. We want to put market and we want to put day only. Once I've done that, I click preview and I see I'm buying the S&P 500 spy, two of them. Here's how much it costs for one. So, here's my total. And I click submit order. That's it. I'm done. When you buy real stocks, even if you don't buy them here, the process is very similar. It's the same choices, the same things. So now I'm going to send you this this website to go in and let me just share with you this for a second. You guys are going to see you actually just buy like a stock like for real. No, no, this is this is a virtual account. So it's fake money, but when you buy it for real, use the exact same steps. Yeah, the mark So the market's not open right now. So we'll only actually come through into your account tomorrow when the market's open, but you can still buy it now. So, what I'm going to do is I'm going to send you this little guide. All of you will get it. What this guide is, it shows you step by step. You open it up. If you're lost, you open it up and it says here's here's this. Click on this website. That will take you there. Then it says to open your account, create a username. Then it will send you an email, then verify. Then you'll see you're in. You have $100,000. And here's how you buy. Click on trade. And the market's not open now, but you can buy it then. And you choose the name, you choose buy, the amount, market day only, and then when you're done, you can send a picture of this on WhatsApp. Although, actually, you don't even need to do that for now. So, let me send this to everyone here. One second. On Zoom, I was sharing my screen. Were you able to see it or you weren't seeing it on Zoom? for the past minute I couldn't see it but before that I could when we were explaining most of the stuff okay so let me let me send the guide for here we go August okay everyone should have the guide I'm going to send the guide also on Zoom in the chat and I'll send the website to use now go in you can buy whatever you want it's less about trying to choose the perfect stock what I want is you just to get the experience of buying and selling that's what I care about right now. Let me see here. How much should we buy like at once? Like should we buy two stocks like separate stocks or focus on one? Whatever you want. So, um you I I would say buy three or four different things. You know, you buy one or two shares of each. Any of that stuff's okay. There's no sort of rule. It needs to be this amount or whatever. So again, here's the website that I just sent to to create the account. Going to send it also on the chat. Um, and hold on one second. I'm going to send this document also. And now the idea is just go in, go in and buy. Go in and buy. Need to sign up. Yeah. So you need to sign up. It's a free account. Shouldn't cost you any money. And in the guide I just sent on WhatsApp shows you if you're stuck in the signup, it shows you how to sign up. When the market open, you'll put in the order now, but only when the market or opens, that's when you will get it. Yeah. So, let's see here. So, if I'm in here, oops. So what what I can see Kai even your your question maybe also people wondering on Zoom if I go to why is this not doing anything when I go to order status I can see here I guess I bought some other things recently to sign in or register now you need to register because you don't have a a sign in until you register so you can see here Kai it says pending I just bought here S&P it's pending because the market's closed and then tomorrow it will be in my portfolio. Are there like articles we should read about which stocks are good and bad instead of just guessing? So I I tomorrow we're going to start to figure out what to actually buy, what's a good investment. Right now we're just learning the skills of how to buy and sell something. But tomorrow we'll be like, okay, how what should I buy? What's good? What sucks? What's a good deal? What's a bad deal? So worry less about that. You can just choose some companies you like. If you like Roblox, you buy Roblox stock. If you like PlayStation, you buy Sony stock. Anyone like Grand Theft Auto, you can buy their their stock. If you like um you know, anything you want to buy. Doesn't have to be video games as well. It can be anything. How come? Yeah, it's it's not letting me register into the What are you seeing that it won't let you register? Like what's the error that's coming up? Uh value contains invalid character or something like that. Okay. So, in your in your username, is it saying that about the username or the password or just in general? Username. Yeah. So, try to just make the username like I don't know your first and your last name or some madeup thing that doesn't have any characters that has a problem with. Like I like experiment. You put stock market class example or anything you want. Just try. You should be able to get it. It looks like you're maybe putting in a number or a dash or something that it has an issue with that if you just try different usernames, hopefully it will not have the same error. Does that make sense? I tried a few things. It just doesn't seem um Okay, let me try something to see. Anyone else? Just so I understand. Anyone here stuck? They can't get in. You're okay, guys? You're okay. Okay, cool. Let me try and help over. If you can open on the computer, it's a bit better. On the phone is okay. If you already open on the phone, that's all right. The but if you don't on a computer, it's just a little bit easier, I think, to see the interface. Oh, do I have to do sign in now, not register? No, no, you need you need to register um because you haven't um creat Now it says only invalid username. may also okay so let's try some other ones here so log no sorry not login okay it doesn't matter sign in let me go register now okay so so your username may only contain letters numbers hyphens or an underscore so if you just put in put in your first and last name and just see if that like this is mine definitely okay hold on. Okay. So, maybe you need to remove the space. Let's try cuz I think you can't do a space there. Just no space. Yeah. Yeah, it gave me a It let me know. Okay, great. Any anyone still on Zoom having trouble uh with the name? I saw there there was someone here that just came up that we fixed their issue. They had a space in the name between the first and last name. So then we remove the space. Millie, you in? You're okay. Great. Okay. How do I buy it? It says like you can trade, but it doesn't say where to buy. So I I'm going to pull this up. If anyone's lost again, I always in this program, I I will always send you a guide. So if you see here, are are you able to see my screen right now? Yeah. Okay. So, I have this guide that I sent uh in the WhatsApp. So, open this up and again, it just will always help. So, I go here and it says I'm in now. And you guys, what you can do is you can send a picture of stuff that you bought that's pending. If you want to share what you bought. So, here I can see click on trade. You see it the red box. Yeah. So, click on trade. Once you click on trade, then you're going to be in here. Then you type in the stock or whatever you want to buy. Okay. And then after you put that in, you click preview order and then it lets you buy it. Okay. Okay. Cool. Yeah. Okay. Anyone else stuck? Let me know. Anyone bought anything interesting? Okay. Uh where do I see my bought some Netflix? I don't know how to actually buy Tesla. Tesla. Okay, cool. You know Ferrari is actually the stock is quite interesting right now. It's quite low. Ferrari's ticker. What? Who remembers what ticker means? Yeah, the short name Ferrari's ticker is race. Yeah. Yeah. Sometimes I have cute kind of names. By the way, it shows on shows on the top markets close opens in one day before hours. So, what what days did I say the stock markets opened? Do you guys remember? Friday. So, Monday to Friday. And it opens Israel time at 4:30 p.m. So, you can buy it now, even though the market's closed. And tomorrow at 4:30, you'll see it's in your account. I don't want you to wait till tomorrow. I want you to buy now. But the market is actually closed. But if you buy now, it will come up tomorrow. Any other questions on Zoom? I think a few people made a comment, but I didn't hear what the questions were. Wait, how do you trade? So, do you see you see my document here? Yes. Yeah. So, you click on trade here the top. I'll even just So, I'm here and you click on trade right here. Then I choose what I want to buy. I don't see trade. Are you Are you on a phone or on a computer? I'm on an iPad. Okay, hold on one second. For a phone or an iPad, it often is at the bottom of the screen. If you look down, you see trade there. All right. I went to trade. Now, what I don't see a stock trading basics. Um, usually it's either at the top or if you're on a phone or iPad, it's at the bottom like in in a bar at the bottom. It says and there's an icon for trade. Stop. Do you do you see that now or No. No. Okay. I'm going to put this into the WhatsApp. Just click on this and tell me if that will help you. You should be logged in. If you click on my link, hopefully then it will let you go straight to the trade part. Since I pressed the trade, what what do I do from now? Have you have you already bought from the So, I want you to buy two or three things. So, again, let's say I want to buy uh Snapchat. I can buy Snapchat here. I decide what what's that I don't see like where could I buy I don't get at the top here do you see where it says trade yeah I see click on trade and again yeah and then you put in what you want to do time and duration so what do we put here for market order what do we put let's say okay everyone be with me for the last thing because now we're going to wrap up for today so close computers and just be with me and I'm I'll help if anyone has a problem. So here when I log in I go to portfolio then I click on trade. On a phone usually this menu is not at the top it's at the bottom. So I click on trade. Now let's say I want to buy Snapchat. I put in Snap. That's the ticker. That's a short version of the name. Now how many shares should I buy? Which action am I doing for Snapchat? Great. How many shares? What's a quantity? Okay. Sure. 10. Now, what's the order type that I'm going to choose? There's four options. Limit, market, stop, and trailing stop. What do I choose here? Market. This represents I'm buying it at the current price. These other ones are for different kinds of prices. We'll talk about them. Not not today, but we will this week. Then I choose day only. There's two options. Just choose day only. Preview order. I'm buying 10 of Snapchat. Snapchat is $7. So 10 shares. What's the quantity? What's that? What's the quantity? Sorry. The the caller ID. The quantity. The quantity. Oh, quantity means the number of shares. So I can buy one stock of Snapchat. Here I want to buy 10 stocks of it. So I'll do 10. Sure. Whatever you want to do. Preview. And now submit order. Now it says market is closed because the stock market only opens tomorrow but my order is in. If I go to order status I can be like ah okay I bought today. I bought the S&P. It's pending. I also bought Snapchat. That's pending. Okay that that's all I need to do. So if you haven't already or later today just buy two or three things just because when you open a real account these are the exact same things you're going to push in a real account. This is fake money, but it's the same skill set. So, when you actually open on your phone, you're like, "Oh, okay. I choose market order. I choose this that that kind of thing." Okay, let's share the final thing and then we're going to be I'm going to let you guys uh sure. So, I I'm going to talk more about that tomorrow, but for now, the duration we just want to choose day only. We'll talk though. No, it it doesn't mean that. It means there's certain types of ways that we buy that let let me so let let me answer because there there's a little bit of complexity to that answer but we will talk about in the in the course exactly the answer but if I try to explain now it's like it's too much to explain like 10 seconds to make it make sense but for now you just choose day only okay the big things that we learned from today so the stock market goes up on average 10% a year we saw we can buy the S&P The NASDAQ goes up how much on average per year? 15. When we look actually at the NASDAQ, how much has that gone up in the last 10 years though? The NASDAQ who remembers the NASDAQ has gone up 400%. over the last 10 years. Like if we go here and we look so even though oops this is the NASDAQ if I look at the last 10 years 2015 we can see it's up 420%. Again this is something we can all buy. That's how it's actually done not how I think it's going to do. So although it goes up on average 15% often the stock market can do much better than you think. You cancel an offer. Yes. Yeah. You can just go and you can cancel it. We talked about compound investing. What is compound investing mean? What is your money doing? Okay. All all of the money your mark all of the money your money makes starts to also make money. We talked about minions. If I want to make lots of minions, I have some minions. And they're not just making minions themselves. All the minions they make also make minions. It's the same kind of thing. When we make money in the stock market, we want all of that money that we made to also go and work for us. That's what compound investing is. Um, and we start to learn about our money personality. So, here's our game plan. We're going to learn through this program four superpowers of investing. We're going to learn what are the best investing professionals that make the most amount of money. What are they actually buying? Because we can copy them. So, we're going to see what the top investors do and copy them. Then we're going to learn how to analyze any company, any stock. If you're like, "What should I buy? If I like Roblox, if I like Shopify, if I like, you know, Tesla, is it good to buy it now or is it a ripoff?" You will learn to analyze any company. If I like Gucci, Fendi, if I like uh, you know, LL Airlines, we will learn the skill to analyze any company and decide buy it or don't buy it and why. We will also get into cryptocurrency. We'll get into things like not as much. We will get into day trading as well. And then we're going to create a custom plan for you guys that by the end of this you will absolutely know how to invest better than 90% of adults. You guys have got parents. By the end of this, you will absolutely be able to teach them. Unless they are professional investors, you will absolutely be able to teach them a huge amount about investing beyond what you can ever expect. And one thing I will say is that it's not tomorrow, but the class that we have on Tuesday, and this is my final thought, we're going to learn something on Tuesday. That is insane. It is crazy. Once you learn this, it will forever change your abil ability to invest in a very good way. It kind of makes investing, it's like turning to easy mode. it will just make it and once you see this you can also never unsee it. It's insane. Uh that's coming tomorrow. We have something very exciting but that's Tuesday like it's when people see this it's like it's it's mindblowing what we are going to learn. Um okay so that's that's sort of it for today. One last point tomorrow there is a chance that we might change location. It's not so far from here. It's about a five minute drive. It's on a fiveminute walk. If that happens I will tell you guys if we change we'll only change that location. We're not going to come back and forth. I I'll let you guys know soon, but that that's maybe a one thing that might happen. Okay, if anyone has questions, let me know. Otherwise, I'll let you guys go and hopefully do you guys do you guys feel like you understand the stock market a little bit more? Does it seem that hard? Can it earn more than maybe what you thought? Okay. Okay. Great. All right, everyone. I'll catch you a little bit later. Bye, everyone on Zoom. Bye. Thank you. Sure. Bye. Thank you. Bye everyone. Bye. Thank you. Yafa. See you later. Slowmo.