Don't fall for SPYD and SPYM. I keep thinking its a good ETF to invest in and it never works. The movement is never as good as the big ones.
I like your concept.
I feel as though SPLG is the ideal ETF to buy and hold since it has a lower expense ratio.
"Altered or synthetic content" = "AI slop made by a pajeet"
My parents pay 1.35% to an "advisor" who just puts them in shitty, overpriced mutual funds. I tried to talk them into using Vanguard and saving thousands a year but my mom was not on board.
I don't want to be that rude but it's clearly an AI video customized not for information but earning ad money. The person there is clearly not real and just constantly looking off screen. I know you probably have it as background noise but hooooly that's giant red flag.
Can confirm on VYM, but for international I much prefer VYMI over VIGI. Here is the relative chart of VYMI/VIGI for 2020-2025, and for just 2025. VYMI has outperformed by a large margin.
Yes and no an meh. I give information for people to gather data points. That information is there for anyone to use it or not. It's just information for people to mull about I'm not nor never telling people to invest here or thier. That is your decision and yours alone.
Whenever precious metals start pumping like they are a god damn crypto currency, you need to start paying really close attention. Something is going wrong somewhere and you want to be able to profit from whatever is about to explode rather then have your ass blown off by it.
What do you mean age of free money is over.I'll place here. Reason. I have seen this first hand on several aspects on this video. They are referring to people up to around the 100 million dollar mark. Or 1% or the 0.5% crowd.
1. I have mentioned about your Worth is NET worth and the types of NET worth that I value in... And nothing else.
I have stated that I am so thankful of living the middle class life. I have seen too many times from too many people lose everything because they played the "RICH " game. I almost did that myself, but I got better
The age of free money is over. This is what happens to certain people who do not think... at all.
Why The Rich Are Going BROKE (At Record Rates).mp4
Saw this in another thread, wild video! It's very on-topic to the recent discussion in here about the AI Bubble and the eventual bursting.
Those are the people who keep financial advisors employed.
There are cheap small cap funds, extended market funds, international funds, etc that hopefully are less exposed when this bubble collapses.
This is a good point. Looking back at the 2000-2002 bear market, the Russell 2000 (small caps) held up somewhat better than the S&P because of less tech exposure. Same thing for the Dow 30.
2026–2027 Application Requirements and Procedures for State-Owned Trading Enterprises Exporting Tungsten, Antimony, and Silver
I. Application Requirements for State-Owned Trading Enterprises Exporting Tungsten(I) Production Enterprises
- Possess independent legal person status and a bank credit line of no less than RMB 200 million.
- Have obtained ISO 9000 series quality management system certification.
- Comply with relevant national laws and regulations on safe production and implement safety production responsibilities. Legally participate in and pay on time and in full for various social insurances, including pension, unemployment, medical, work injury, and maternity insurance, and have obtained OHSAS 18000/ISO 45001 occupational health and safety management system certification.
- Enterprises that have already obtained export qualifications must have tungsten export performance every year from 2022 to 2024 (for enterprises that obtained state-owned trading export qualifications after 2022, they must have tungsten export performance every year from the year of obtaining the qualification to 2024); newly applying enterprises must have an average annual export supply of no less than 2,000 tons (equivalent to ammonium paratungstate, APT) in the past three years. Export performance is based on customs statistics, and export supply performance is based on data verified by a national-level social organization. For enterprises whose products are listed in the "China High-Tech Product Export Catalog" (jointly issued by the Ministry of Science and Technology, Ministry of Commerce, Ministry of Finance, State Taxation Administration, and General Administration of Customs), or the "China High-Tech Product Catalog" issued by the Ministry of Science and Technology, or high-tech products certified by the Ministry of Science and Technology, the standards may be appropriately relaxed after consultation with relevant departments, depending on the specific circumstances of the product.
- Have obtained ISO 14000 series environmental management system certification.
- The enterprise operates legally and in compliance with regulations, conforms to laws and regulations on safe production, environmental protection, taxation, customs, and foreign exchange management, and has no uncorrected illegal or irregular behaviors.
(II) Trading Enterprises
- Possess independent legal person status and a bank credit line of no less than RMB 200 million.
- Have had tungsten export performance every year from 2022 to 2024 (based on customs statistics).
- Legally participate in and pay on time and in full for various social insurances, including pension, unemployment, medical, work injury, and maternity insurance.
- Have obtained ISO 9000 series quality management system certification.
- The enterprise operates legally and in compliance with regulations, conforms to tax, customs, and foreign exchange management laws and regulations, and has no uncorrected illegal or irregular behaviors.
II. Application Requirements for State-Owned Trading Enterprises Exporting Antimony(I) Production Enterprises
- Possess independent legal person status.
- Have obtained ISO 9000 series quality management system certification.
- Comply with relevant national laws and regulations on safe production and implement safety production responsibilities. Legally participate in and pay on time and in full for various social insurances such as pension, unemployment, medical, work injury, and maternity insurance.
- Enterprises that have already obtained export qualifications must have actual antimony export performance every year from 2022 to 2024 (for enterprises that obtained state-owned trading export qualifications after 2022, they must have actual antimony export performance every year from the year of obtaining the qualification to 2024); newly applying enterprises must have an average annual export supply of no less than 7,000 tons (refined antimony) or 5,000 tons (antimony oxide) in the past three years. Export performance is based on customs statistics, and export supply performance is based on data verified by a national-level social organization. For enterprises whose products are listed in the "China High-Tech Product Export Catalog" (jointly issued by relevant ministries) or the "China High-Tech Product Catalog," or high-tech products certified by the Ministry of Science and Technology, the standards may be appropriately relaxed after consultation with relevant departments, depending on the specific circumstances of the product.
- Have obtained ISO 14000 series environmental management system certification.
- The enterprise operates legally and in compliance with regulations, conforms to laws and regulations on safe production, environmental protection, taxation, customs, and foreign exchange management, and has no uncorrected illegal or irregular behaviors.
(II) Trading Enterprises
- Possess independent legal person status.
- Have actual antimony export performance every year from 2022 to 2024 (based on customs statistics).
- Legally participate in and pay on time and in full for various social insurances such as pension, unemployment, medical, work injury, and maternity insurance.
- Have obtained ISO 9000 series quality management system certification.
- The enterprise operates legally and in compliance with regulations, conforms to tax, customs, and foreign exchange management laws and regulations, and has no uncorrected illegal or irregular behaviors.
III. Application Requirements for State-Owned Trading Enterprises Exporting Silver(I) Production Enterprises
- Possess independent legal person status.
- Enterprises that have already obtained export qualifications must have silver export records every year from 2022 to 2024 (for enterprises that obtained state-owned trading export qualifications after 2022, they must have silver export records every year from the year of obtaining the qualification to 2024); newly applying enterprises must have an annual silver production of 80 tons (inclusive) or more in 2024, and newly applying enterprises in western regions may have the requirement lowered to 40 tons (inclusive) or more. Export performance is based on customs statistics, and production volume is based on data provided by the National Bureau of Statistics or domestic sales quantities verified by a national-level social organization. For enterprises whose products are listed in the relevant high-tech catalogs or certified as high-tech products, the standards may be appropriately relaxed after consultation with relevant departments, depending on the specific circumstances of the product.
- Comply with relevant national laws and regulations on safe production and implement safety production responsibilities. Legally participate in various social insurances such as pension, unemployment, medical, work injury, and maternity insurance, and pay social insurance premiums on time and in full.
- Have obtained ISO 9000 series quality management system certification and ISO 14000 series environmental management system certification.
- The enterprise operates legally and in compliance with regulations, conforms to laws and regulations on safe production, environmental protection, taxation, customs, and foreign exchange management, and has no uncorrected illegal or irregular behaviors.
(II) Distribution/Trading Enterprises
- Possess independent legal person status.
- Have silver export records every year from 2022 to 2024 (based on customs statistics).
- Legally participate in various social insurances such as pension, unemployment, medical, work injury, and maternity insurance, and pay social insurance premiums on time and in full.
- Have obtained ISO 9000 series quality management system certification.
- The enterprise operates legally and in compliance with regulations, conforms to taxation, customs, and foreign exchange management laws and regulations, and has no uncorrected illegal or irregular behaviors.
IV. Relevant Review and Application Procedures Enterprises meeting the above application requirements shall submit their applications to the competent commerce departments of their respective provinces, autonomous regions, municipalities directly under the Central Government, cities specifically designated in the state plan, and the Xinjiang Production and Construction Corps (hereinafter referred to as provincial-level commerce departments). Provincial-level commerce departments shall compile the applications from their respective administrative regions and submit the list of applicant enterprises and application materials to the Ministry of Commerce before November 12, 2025. Central enterprises shall directly submit their applications and relevant materials (electronic version) to the Ministry of Commerce.Mailing/Submission Address: Ministry of Commerce Administrative Affairs Service Hall, No. 2 East Chang'an Street, Beijing (for Tungsten, Antimony, Silver); Contact Number: 010-65197970; Postal Code: 100731.The envelope or shipping box containing the application materials must be marked with "Item Number: 18013-008" (Tungsten) or "Item Number: 18013-009" (Antimony) or "Item Number: 18013-010" (Silver).The Ministry of Commerce will review the applications. The list of enterprises that pass the initial review will be published on the Ministry of Commerce website for a 7-day public notice period. During the public notice period, any objections to the published list should be submitted to the Ministry of Commerce (Department of Foreign Trade). The Ministry of Commerce (Department of Foreign Trade) will respond within 7 working days of receiving the objection. If there are no objections after the public notice period, the Ministry of Commerce will register the enterprises and publicly announce the list of qualified enterprises.
V. Required Materials Enterprises applying for state-owned trading rights for tungsten, antimony, and silver exports must submit the following materialsI) A letter of commitment signed by the legal representative of the applicant enterprise and stamped with the company seal, guaranteeing the authenticity and validity of the submitted materials.(II) A copy of the applicant enterprise's business license, customs operating unit code, and enterprise code.(III) ISO 9000 series quality management system certification certificate and ISO 14000 series environmental management system certification certificate.(IV) Relevant certificates proving the timely and full payment of various social insurance contributions (pension, unemployment, medical, work injury, and maternity insurance) from January to September 2025.(V) Newly applying production enterprises for tungsten and antimony must provide a list of export supply recipients/distribution companies for the corresponding products from 2022 to 2024, the supply quantities, and copies of corresponding value-added tax invoices or proof of export goods.(VI) Newly applying state-owned trading enterprises for silver exports must provide proof of production volume for 2024.(VII) State-owned trading enterprises applying for tungsten exports must also submit the following materials:
- Bank credit line certificate.
- OHSAS 18001/ISO 45001:2007 Occupational Health and Safety Management System certification.
