Pay Me In Coffee Podcast

This week I continue with my 25 lessons from 25 years of living.13. Things take longer to change than we expect. 14. You can't eat passion. 15. Maslow's Hierarchy. 16. Outcomes should be modelled on a spectrum, not binary. 17. It's the black swan that slays the grey goose. 18. Knowledge is everywhere, but Wisdom is scarce. 19. Keep it simple, but remember most things in life will remain complex. 20. People try to learn from their failures, but seldom analyse their successes. 21. The ability to do nothing is an underappreciated skill. 22. People don't want to change - deal with it. 23. Ultimately, the only opinion that matters is the Lords. 24. Risk aversion means managing risk and comparing different options. 25. Growth means discomfort. 

To celebrate my 25th birthday, I will be sharing 25 lessons with you guys over the next two weeks. In this episode, I share 12 ranging from relationships, to investing, to passion.1. Life is terribly short - especially when you have to drink cheap coffee. 2. Criticise by profession, praise by name. 3. The way we spend our days is ultimately how we live our lives. 4. Bad things only happen when you're uninsured. 5. You cannot predict the future, yet your success as an investor is predicated on you predicting the future and being correct. 6. In a world full of anger and fear, sometimes people just want to be heard. 7. No one really knows what they're doing, so stop putting pressure on yourself. 8. Desperation will kill your sales, investments and relationships. 9. Fix your house before you go out and try to change the world. 10. The first 3rd of my life I spent worrying about what people thought of me, the 2nd not caring, and in the 3rd I realised they were never thinking about me in the first place. 11. Everything comes in cycles and you choose which cycles to be a part of. 12. Passion follows proficiency. 

This week I discuss some of the news coming out about inflation in US. Are higher inflation rates here to stay and what can we do to position out portfolio against higher infaltion.NotesEP23: Should You Invest In Gold?Inflation-Linked Bonds issued by the South African GovernmentThe Financial Times - ‘Kind of crazy': how the booming US used-car market is driving inflation”Business Insider - “Millennials are getting screwed again by their 2nd housing crisis in 12 years”Warren Buffett's 1979 Letter to ShareholdersJP Morgans Guide to the Markets as of March 31

In this week's episode, I give a summary of Warren Buffett's 2020 annual letter to shareholders. If you don't already know, Buffett is the chairman and CEO of the massively successful Berkshire Hathaway and has the greatest investing record ever tallied, spanning 56 years at an average annual growth rate of 20%.I discuss the business of Berkshire, conglomerates and why you get what you put out into the world. Here are some links to useful content as well:Show Notes:2020 Letter to Shareholders: https://www.berkshirehathaway.com/letters/2020ltr.pdf2012 Letter to Shareholders discussing insurance in detail: https://www.berkshirehathaway.com/letters/2012ltr.pdf

This week is a bit of an unconventional podcast episode. Instead of my usual talk on investing and money, this week is a word of encouragement. To all those who see themselves in a dark place, or you just feel like life is passing you by, this one is for you.

This week I discuss dividend stocks: (i) what has their performance been, (ii) why they might be a good addition to your portfolio and (iii) some risks to watch out for.Show Notes:Article: The Power of Dividends: Past, Present, and FutureArticle: 5 Reasons to Be a Dividend Growth InvestorArticle: How to Invest in Dividend Stocks: A Guide to Dividend InvestingPodcast Episode: EP17: How Much Do You Need To Retire?

In this episode, I explore the rather new problem of one household with the option of having 2 incomes. While it might sound like an easy math problem (2 are better than 1), there's a bit more nuance in how it actually works out.Notes:BLS Data: Comparing characteristics and selected expenditures of dual- and single-income households with childrenArticle: Why Two Incomes Aren't Always Better Than One

This week we dive into the Coreshares S&P500 Feeder ETF. This ETF tracks a basket of the 500 largest US companies by market cap and has done phenomenally well in the past decade.Links:ETF: Coreshares S&P500 Feeder ETFIndex: S&P500 Index

This week, I have Brendan Dale of the popular finance blog, Take Charge of Your Money. In this episode, we discuss how he came to realise he was in some serious money problems, what he had to change and how he's planning to retire. We discuss topics ranging from how your money management style stems from your childhood, planning for retirement and how your investment strategy might change if you are a late starter in your investing career.Notes:Twitter: @your_money_blogBrendan's Blog: takechargeofyourmoney.blogLink to Article: 4 Myths about retirementLink to Article: Personal finance for beginnersLink to Blog Series: Late Starter

Retirement can be a rather intimidating prospect, especially with all the information out there. In this episode, I break down a Retirement Annuity (RA) for retirement planning in South Africa: (1) What is it?, (2) How it works?, and (3) Why you might consider it?

This week we discuss the Satrix Divi ETF, and if it's even worth considering it when SA Retail Savings Bonds are yielding 7.25% at the moment?

This is Part 2 of my interview with Jordan Nel of Vineyard Holdings. Previously we discussed books and value investing and in this episode, we go through mental models to aid decision making, surrounding yourself with different people and whether or not investors add value to society.Show Notes:Jordan's Twitter: @jordsnelJordan's blog: vineyardholdings.net

In this new segment of the podcast, I give you a quick summary of the ETF's listed on the Johannesburg Stock Exchange - What they're about, how much they charge and what might be some risks to think about. Listen all the way to the end to hear my overall 5 point rating of the ETF.

In this week's episode, I have the honour of interviewing Jordan Nel, a South African equity investor focussed on bringing value back to the South African equity and business markets. In Part 1 of this 2 part episode, we discuss a broad range of topics including books to change your perspective on investing, how to be antifragile, FAANG stock valuations and we end of discussing decision making in investing.Show Notes:Twitter: @jordsnelJordan's Blog: VineyardHoldings.netBlog Post: What is a value investor?

In this week's episode, we take a look at bubbles - (1) how they form, (2) what are the common characteristics of bubbles, and (3) what causes them to burst. I also take a look at some of the current metrics we have for the tech sector today and compare it to the same metrics back in the dotcom crash of 2000 to decide if we're in bubble territory or not.Show Notes:The Guardian: "Twenty years after the dotcom crash, is tech's bubble about to burst again?"The Guardian: "Airbnb soars to near $100bn valuation as shares more than double in IPO"Greenlight Capital Letter to Shareholders, 27 Oct 2020Fortune.com Article: "3 ways tech stocks resemble the 2000 bubble—and one way they don't"Business Insider: David Einhorn Calls a BubbleBusiness Insider: "Why Amazon, Tesla, and other 'Elite Eight' mega-cap titans look to be in a bubble despite strong profit growth, according to one research firm"Wall Street Journal: "Investors Double Down on Stocks, Pushing Margin Debt to Record"FAANGM Market Caps from Yardeni ResearchDemystifying Snowflake: The Biggest Software IPO in History

This week I'm talking about self-reflection. I believe that in today's world of fast-paced, always busy, self-indulgent culture, we haven't had a chance to cultivate self-knowledge. In this episode, I go over some reflections from 2020 and then try and give you a framework for small self-reflection sessions to practice in your own life.

In this week's episode, I go over the investment case for gold: (i) why investors consider gold, (ii) and how much gold should be in your portfolio. I also discuss some easy ways for South Africans to invest in gold right at the end of the podcast.

In this episode, I discuss how we currently measure inflation and what the mains points of contention around these measurements of inflation are. I discuss constant-standard-of-living vs constant-standard-of-satisfaction measures and how inflation might impact our investing portfolios.Useful linksAlternate CPI Measures: ShadowstatsArticle:  The Risks of Relying on an Inaccurate Inflation MeasureLink to Stealthy Wealth's Inflation CalculatorPlease remember that nothing in this episode should be construed as investment advice. Always make your own investment decisions. Happy investing. 

This week I have the one and only Frugal Local on for a two-part interview. In this half of the interview, we discuss: (1) lifestyle creep, (2) how to leverage your connections, (3) the transition from his 3 bedroom house into one of his investment properties, (4) how to find good property deals, (5) what he learnt about himself walking the Camino de Santiago, and (6) his philosophy on money and marriage.Frugal Local Blog: https://frugallocal.co.za/Effectify: https://effectify.co.za/Twitter: @frugallocal

This week I have the one and only Frugal Local on for a two-part interview. In this episode, we discuss: (1) how he got his name, (2) starting small, (3) credibility using social media, (4) his personal property investments, (4) good debt vs bad debt, and (5) shopping for clothes. Frugal Local Blog: https://frugallocal.co.za/Effectify: https://effectify.co.za/Twitter: @frugallocal

A Framework to Executing at Life: An Espresso Lovers' Guide. This week is a bit of a coffee geek out mixed with some practical frameworks for evaluating problems and making micro-adjustments in order to meet your goals. So if you're struggling with staying the course and get overwhelmed by just how many variables are present in your life, I think this is the episode for you.

With the upcoming US election just around the corner, I thought it would be a good idea to look at how the stock market performs historically around elections and whether or not it will make a difference to our portfolios.

In this episode, I talk through what it means to be a minimalist and how it could provide better returns and happier lives for investors. Often we find ourselves trapped in a tornado of information, decisions and stuff. What if removing all of this would result in more time, more freedom and a more fulfilling life. This is what I feel minimalism offers the investor who is willing to be honest with himself about what he values. As always, the views expressed in the podcast are my own and should not be construed as investment advice. I'm simply providing my views on money, investing and living a fulfilling life.

In this episode, I discuss what expenses you should expect in retirement, if the 4% rule is even a good rule to use, and why you should consider never retiring.

In this episode, I take you through the 5 Laws of Gold made popular by George Clason's book, 'The Richest Man in Babylon'. I discuss topics ranging from how much you should be saving to retire, to winning the lottery, to how ‎£4 billion went missing.

In this episode, I discuss my views on wealth and why it is not necessarily about how much money you have. We discuss how emotional well-being and life evaluation relate to income, how spending money on others ultimately makes us happier, and what different measures of wealth we could use to gauge how wealthy we actually are.

In this episode, I discuss tax-free savings/investment accounts, what I look for on an ETF factsheet and why low-interest rates might be a great opportunity for millenials to look at buying a property. 

In this week's episode, I discuss 3 approaches to asset allocation and how we can mix and match strategies that make our portfolios work for us.

This week I go through how likely you actually are to pick a winning stock and what strategy we can use to supplement a single stock-picking strategy.

Women tend to outperform men when it comes to investing. But why is this the case? This week we dive into the characteristics of the fairer sex that help them to outperform men and generate great returns.

South Africa is home to 38,400 high net-worth individuals - people with over $1 million in net asset value. But what does it take to reach that millionaire status? In this episode, we discuss the mindset shift you need to make in order to attract massive wealth.

In this special episode, I sit down with my wife and discuss how our perceptions of money changed after we got married. We talk through what has worked for us, what we've had to work through, and some advice we have for couples and newlyweds looking to manage their money in a sustainable way.

In this episode, we discuss a well-quoted study that is published every year by the investment bank, JP Morgan in their annual Guide to Retirement. Is it really bad to move in and out of different assets? Does that make us culprits of trying to time the market?

In this week's episode, I walk through some of the risks associated with investing in bonds for fixed-income. I also talk through my strategy for positioning my portfolio for the next decade given the uncertainty we are witnessing right now.

In Part 2 of our discussion around risk, I look at how we should view the future as unknown and how we should approach investing with this mentality. I end off discussing how it's okay to make mistakes because we live in a world with so many possibilities.

Tony Robbins, billionaire philanthropist and life coach, makes the point that whenever someone presents a new investment opportunity to him, the first thing he questions is what are the risks. Like many of the greatest investors of all-time, identifying and managing risk is what has allowed them to survive the game and become successful. In this 2-part episode, I discuss my philosophy around risk and why it matters above anything else when making investments.

In this episode, we dive into ETFs and Mutual Funds. What are they? What are their differences? And who should own them?

Investing your money is a fun, exciting, and quite frankly scary thing to start doing. But, if you want those money babies to start making more money babies for you, you have to start. In this episode, I discuss 4 things that I believe every beginner should be aware of before they start investing.

Ever wonder about the function of the central bank in modern economies?In this episode, I discuss the two levers central banks use to determine the money supply and how they aim to provide financial stability to society.Also, a shoutout to Engineering Personal Finance for his advice this week: When you wake up, make yourself and your partner a cup of coffee. Great advice for us all!

Banks are the largest creators of money in the economy - it stands to reason then that we should understand how they are able to create money.In this episode, I discuss how bankers create money at the stroke of a pen, how we destroy money when we pay back debt, and what limits banks from creating infinite amounts of money for the fun of it.Useful Links:Bank of England: Money Creation in a Modern Economy

Understanding money is at the heart of any good wealth-building strategy - after all, how can you attempt to obtain more money if you don't first understand exactly how that money is created and moves around?In this debut episode, I discuss what the characteristics of money are, how it came about, and ultimately what it means for each and every person who uses it on a daily basis.If you've ever wondered how to put a value on the money you use, then this is the episode for you. It also builds the foundation for later episodes where I plan to discuss how central banks create and control money.Feel free to reach out to me with any questions or comments you might have:Twitter: @JonoDelportInstagram: @JonoDelportUseful Links:https://www.bankofengland.co.uk/quarterly-bulletin/2014/q1/money-in-the-modern-economy-an-introduction