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Good morning 
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As usual, we selected the best articles published in the past few days 
:
PORTFOLIO CONSTRUCTION
Guide to Markets: Goldman Sachs Guide to Bear Markets
US Stocks: What historical returns if you owned no US stocks?
Bonds - Global or Regional: Evidence from bond substitution
Tail Risk: A Quick Guide of some available ETFs
Cash Is Not Enough: How Bond ETFs Protect Your Portfolio
Vanguard on Tariffs: what do they mean for the markets and you
ETFs & PLATFORMS
Slashing FX Costs: In Which Currency Should I Buy ETFs?
What If My Broker Goes Bust: Here’s How To Choose A Safe Stock Broker
Asset Management: Top Giants in 2024!
UK Regulator’s review of trading apps: high-level observations
ETF Survey: Global ETF Investor Survey
Active ETFs: How they revolutionized investing
ACTIVE INVESTING
Video On Wall Street Quants: What do they actually do?
Alternatives: Did Liquid Alternatives Pass the Stress Test?
Small Caps, Big Opportunities: Investing Beyond Large-Cap Stocks
Trend Following: Holy Grail and trend-following
Private Markets: An Overview (120-pages)
WEALTH & LIFESTYLE
Retirements: A guide to retirement withdrawal strategies by Vanguard
Women Finances: What They Need to Do Differently With Their Money
Lifestyles: Why Gen Zs are Taking Micro-Retirements and How You Can Too
Withdrawal Rate: Are Dividends and Income Part of It?
Careers: Optimizing Yours for Longevity
TECH & ECONOMY
Wages in Europe: Average hourly labour costs across Europe
Poland: Can Poland Save Europe?
Imports: Rare earth elements imported to the EU
Millionaires: Top countries attracting the most millionaires
AND ALSO…
US Debt: The Top 20 Countries Holding the Most U.S. Debt
Happiness: We’re wrong about what makes us happy
Embraer: How Brazil built a world-beating aircraft manufacturer
And so much more!
Have a great week-end!
Francesca from BoW Team 
3 Likes
According to you, everybody can comment Apart from the people who actually get movements correct…
I post here because I’ve been correct here for 6 years in a row. And posting things people are actually doing definitely helps younger investors see what’s going on.
Nobody in the media like CNN or ABC pundits are admitting they are heavily buying Gold Miners or gold and instead they’re talking-up Bitcoin and other distractions to distract the retail investor from making the correct move in each environment.
It’s so wild to see how brazen these top investors are they are complete deception masters and out right liars.
I’m telling the truth of what I am personally doing with structure.
You can’t just buy an index fund that’s 70%+ weighted in overvalued US bubble stocks and think you’ll be fine in ten years. There are other movements happening which are much more solid and sensical.
If you make the wrong moves for multiple years you get left behind.
With the benefit of hindsight!!!
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I was in gold but i sold up last year as i thought it had peaked doh! But def wont go into gold now as way to high… so maybe wait for the next down turn 
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How do you know what they are investing in?
Common sense would say they should talk up what they are investing in… obviously.
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Not fan of gold but I do have a small holding in mineral and financial (MAFL). Estimates reckon it is trading 50% below NAV. Roughly 25% holdings are normally cash but at the moment it’s actual gold. Shares in multiple companies listed and unlisted. Not just gold but heavily into gold. Very small though hence a big spread. No purchase tax.
The dreaded ‘Death Cross’ flashed in the US stock market this week The rare dreaded 'Death Cross' just flashed in the US stock market… and now experts fear a Wall Street crash | Daily Mail Online
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'Looking back over the seven other instances since 2009, we found that one month later, the S&P 500 was lower four times with a median decline of 0.9 percent. However, three months later, the index was higher six times with a median return of 5.9 percent.
‘When looking at six and 12 months later, the data points to a similarly improving situation where the S&P 500 was higher five and six times, respectively, with median gains of 10.1 percent and 15.5 percent, respectively.’
So to summarise, this ‘dreaded’ indicator shows that checks notes it might go up or it might go down.
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That’s how I read it as well 
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Remember also that US funds have fell harder for UK buyers due to the strengthening of the pound Vs the dollar.
Imo we have a perfect storm of falling stock prices and a falling dollar, creating an attractive entry point.
Whether this will continue is anyone’s guess, but remember we have already fell alot from the highs.
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@101
Well?
Oh god being blocked again. Some people just expect to block anything that doesn’t suit there narrative. Pathetic.
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I very much remember when Bitcoin exploded to the upside in December 2020 and suddenly the mainstream media talking heads began sly bragging & admitting to each other on air that they did “in-fact make some purchase of bitcoin months back or a couple years back”. It was really cringe because you saw these humans for what they are… human. They lied, they manipulated, they deceived and then they bragged after Bitcoin had gone up so much it became a sort of look at me I’ve won the lottery screw you guys.
I distinctly recall the way the humiliation of outright lying leading up to bitcoin then rallying came across from these CNN type pundits. And I don’t watch mainstream news I still happened to catch the odd clip of how that played out.
If you have ever felt like when you buy into the market it seems to fall and when you sell it seems to rally - that is completely down to the professionals, the gamblers, the hedge funds all working against you for faster profits in the short to medium term. They know the type of person you are and how your brain thinks and where you currently are in life and they know how you feel, which is how they are able to work the market in the ways they do. Overall winning.
The only people who compete with this really are the ones who invest long term and completely ignore the noise because they completely understand how well established index funds work.
I went into investing with significant experience from something other than investing and used that realising it’s highly transferable - and I have seen over 6 years that big trends play out almost exactly as the history & studies show.
The fomo, the regret, the success, the euphoria, the panic, the chopping & changing, the buying too little, the poorly timed buys & poorly timed sells, it plays out identically.
The way to truly win is to buy when YOU know the majority of long term investors are buying, and to continue buying through it all.
If it’s in the media it’s too late. The media never told you that gold was cheap and underpriced just like it never told you that Nvidia was underpriced on a forward looking economy.
Even Damian Talks Money doesn’t put his money where his mouth is, I had a quick look earlier and he preaches the lowest way to invest whilst also saying he’s not moving his 0.22% fund fee and 0.15% platform fee investment over to one of the fee free platforms into an even cheaper fund that does the same thing at 0.15%.
Gary’s Economics is using betting sites to play the gold price and he’s probably cashed in over £100K the past month, he does this to avoid paying capital gains tax as betting sites are gambling.
At the moment it’s become popular to be 99% honest on YouTube in personal finance as a lure to captivate the audience but anybody experienced knows that 1% they are not saying is hiding in plain view.
It’s very very very very hard for younger investors to know what to do long term. And I personally believe unless you have nerves of steel then you are swayed by media and by YouTube with ‘experts’ charging you £200 for a 30 minute conversation.
Experts… experts who likely invest in one index fund and get the outperformance from selling the shovels to the miners!!
When functioning in the job world, investments, finance, money, it really is pretty tough in the short to medium term with all the others taking advantage but ill end this reply with - diversify with the indexes and the rest is history.
It then only comes down to how much you earn and how much you can save to outperform in your own life.
Believe me dude when I speak I genuinely have zero to sell and everything to gain from putting legit things out there.
Nobody is telling the whole truth. Not even Ramin from Pensioncraft.
I absolutely will put myself on the line here and state that Ramin from Pensioncraft timed the market (even though he preaches not doing this) by selling his portfolio of 1 fund in January 2025, and is currently putting it into something I am taking an experienced guess saying that it’s not just 1 fund. Totally mixed messages when reading between the lines, which is what I can do.
Give it a month and I genuinely believe that Pensioncraft is not only timing the market, but also going against how he says he ‘always invests in one fund’. He’ll have a video within the month that contradicts what he’s preached.
He sold when US markets were historically overvalued knowing there was a good chance of a fall, which is timing the market. Everything he says he does not do he’s now doing.
You can only trust yourself. (And that’s where I come in, trust yourself!)
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One of your better posts!
I watch Ramin, The Compounds various pods and occasionally Damon. I’ve got tired of Toby the robot and Sasha the rebel child.
Kevin tends to be addicted to posting videos which is helpful when wanting up to the minute news.
Back to investing (or should I say trading), this recent volatility has taught to buy hand over fist when fear hits hard, I mean after multiple down days with the VIX north of 40, none of this 27 rubbish as it still has room to go south, but over 40 is where the party starts to begin.
Seeing well known funds go from 7% down in the morning to positive come afternoon, these are the times to be buying whether you sell on the next bounce or hold through the volatility that follows.
If anyone remembers the Japanese carry trade on August 5th 2024, we had a couple of not so normal down days leading up to the weekend, the news broke and Monday was seventh heaven, it was scary at first to see you favourite funds down around 10% to kick off the day and when a global tracker is only down 3%, JGGI down 6%, you know something isn’t quite right, they call this dislocation I believe. By the afternoon the funds that were down 10% and JGGI were almost par, along with the tracker.
We saw this same dislocation on April 7th 2025 with mass panic and fear, time to buy!
What all this has taught me about myself is that I cannot just buy and hold passively, I want to trade when the markets present these opportunities, roll on the next one.
For context this activity relates to my ISA, for my private pension this is solely invested in a low cost boring global tracker fund.
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Who the hell is…
and
And
Random people that you expect me to know?
Instead answer the question
How do you know what they are investing in?
Common sense would say they should talk up what they are investing in… obviously.
Good morning -
As usual, we selected the best articles published in the past few days :
PORTFOLIO CONSTRUCTION
Inflation Hedging: All ways to hedge against inflation through markets
Bond ETF Categories: Which Bond Funds For Your Objectives?
Buying the Dip?: The Draw and Dangers of Contrarian Investing
Risk Parity Portfolios: Research about underperformance vs 60/40 portfolios
Portable Alpha: Overview of the strategy
US Debt Restructuring: Excellent episode shows that a lot can be done
ETFs & PLATFORMS
Vanguard Research: A guide to selecting an index fund manager
UCITS ETFs: European ETF Industry Review
BoW Tools: Bond ETF Calculator - Understand impact of rising Interest Rates
ACTIVE INVESTING
Factor Investing Costs: Making Factor Strategies Work for Everyone
Bitcoin: Is Bitcoin Trading Like Tech Stocks?
Gold: Is It the New Zero Yield Perpetual Bond?
Royalty Investing: An introductory guide
Alternatives: Private Infrastructure as an Asset Class
Private Equity: How to Use it in Your Portfolio
WEALTH & LIFESTYLE
Millionaire Expat: How To Build Wealth Overseas
Retirement: 4 Budget-Friendly Destinations Where Retirees Can Thrive Abroad
Advisors: How Trust in Financial Advisors Affects Investment Choices
Career: Women salaries
Germany: What It Means To Be Wealthy In Germany
TECH & ECONOMY
Europe: Why Its Industry is Stronger Than It Looks
The Demographic Divide: Inequalities in ageing across the European Union
Currency: Is the world losing faith in the almighty US dollar?
AND ALSO…
My Husband Covered Up the Fact That He Retired: How can I reboot open communication?
Cities: The Wealthiest Ones in the World in 2025
Portugal: Welcoming tax regime tempts professionals to settle in
And so much more!
Have a great week-end!
Francesca from BoW Team
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For Pension craft with Ramin, and Gary’s Economics look on YouTube.
Bitcoin is up about 10%, Gold is down 2% and Gold miners are down 7% since then. Maybe the pundits were right lol.
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