Google Cloud Speech-to-Text API (Chirp) + Gemini 2.5 Flash Non-Thinking. Treat it as a searchable index of what was broadcast, not a quotation record.
00:00:00It was a pair of words that caused people in Israel to panic or
00:00:03to lose faith. To get rich, people relied on studies and hard
00:00:07work. Today, the stock market has become
00:00:11the talk of the town, the way to make money.
00:00:15Whether you are 20 or 50 plus, everyone wants to take
00:00:18part. How did this happen? How did we go from a generation that shied
00:00:22away from the stock market like fire? To the point that people here are debating whether
00:00:25to choose Nvidia, Apple or Google. This
00:00:29is how it looks. From this family, you too can be a part of it.
00:00:47Hello to my friends from the Finance Committee. Thank you very much for coming. I made my
00:00:51first investment, an investment, whoever heard, the first money
00:00:54I lost, it was at the age
00:00:57of 24, I was a student. And I had
00:01:00a friend and he said there's a stock and buy it and that's it. I'd
00:01:04love to hear a bit from you I'm 46
00:01:08I invested two weeks ago so uh it so happened
00:01:11at the annual meeting with my accountant that he scolded me
00:01:15that I must start investing and in the meantime it's an excellent decision, two weeks is
00:01:18fine.
00:01:21Reut, at what age did you enter the stock market? At 18.
00:01:24Good to know with how much money?
00:01:28A few hundred. At what age did you start investing? At 41
00:01:32I got divorced, I learned about money,
00:01:36and then I started investing, because before that, it didn't speak to me, it's not
00:01:39something that in my house the stock market was considered
00:01:42a casino, like playing with money, something destructive, how
00:01:46can you, just say. I come from a family of
00:01:49Holocaust survivors, so the attitudes towards the stock market were very
00:01:53very negative. Like what? Lazy
00:01:56investors, the dream was stability,
00:02:00working, getting a salary, in our house, like, they didn't talk about the stock market,
00:02:03but the only talk there was was the trauma they carried from
00:02:07when the stock market fell, when the Messiah jumped from the roof, then they lost a lot
00:02:11of value in video, and as a child I remember it seemed
00:02:14traumatic to me and probably some of that stayed
00:02:17with you,
00:02:22Almost every cultural revolution is a response to the trauma of the previous
00:02:25generation. This trauma is the bank stock crisis
00:02:28in '83. The stock market crashed, people lost
00:02:32everything, Shalom Hanoch wrote that the public is stupid and therefore the public
00:02:35pays, Shalom Tzvi, how are you, hello and a scar remained, how many
00:02:39years have you been in the stock market? It depends on the authors, I started
00:02:42in the stock market when I was maybe 15, 16, this
00:02:46is where it happened, this is where the guys were with the sell, buy, this
00:02:50was a center of great noise, there were several
00:02:53halls here, 27 more nicknames that were given
00:02:56to the stock exchange in those days it was simply a casino.
00:03:00If you wanted to know which stock would go up or down, you had to physically walk around here in debts and listen
00:03:04or you had a good connection to the messenger who came with the order books of
00:03:07buying and selling and you could get preliminary information from him
00:03:11about what was going to happen. This was
00:03:13and within this, the bank stock crisis, which is also a kind of Sodom and Gomorrah,
00:03:17the banks bought their own stocks, they took the
00:03:21money of the savers for that matter, right, for their
00:03:25needs. The bank manager told me we will give you credit only if you buy
00:03:28shares of our bank. So I had no choice and today I am
00:03:32a shareholder of that bank, you asked for a loan from the bank, you asked for
00:03:36a million, the bank came and told you: You know what? I'll give you two million, a million,
00:03:40you buy bank shares.
00:03:43Now how did the bubble burst, all sorts of news
00:03:47started appearing in the press, and then there was a flood
00:03:51of selling orders? Selling orders, right, from whom?
00:03:54The public? 422, there was
00:03:56a great risk of an economic collapse.
00:05:00They simply took their money and put it in deposits, and another very
00:05:03interesting phenomenon that happened, that came from this, is real estate, right, because real estate,
00:05:07by the way, right, real estate is perceived by us as something not dangerous, I see the asset, I see the
00:05:11house, it's here, it's with me. It's not like stocks where I have no idea
00:05:14where they are and what they are and what their form is, but real estate is no less
00:05:17dangerous than the stock market, and therefore it's some kind of psychological bias of
00:05:21what we perceive as dangerous in these economic worlds and what we perceive as safe.
00:05:25Now the stock market, the element embedded in it is risk
00:05:29in life, risk in daily life is
00:05:32the possibility that something bad will happen to us. In the stock market,
00:05:35risk is not the negative side, the more we
00:05:38invest in an investment that has a higher level of risk, the more
00:05:41we can expect to receive a higher return over time,
00:05:45and therefore, if we invest for the long term, risk in the world of
00:05:48the stock market is actually a good thing.
00:05:52Since that crisis, many things have changed. First and foremost,
00:05:56the stock exchange itself, it is more sober, more institutionalized,
00:05:59more sophisticated. Its total value is almost two
00:06:02trillion shekels. All our savings for retirement are invested in it,
00:06:06and without it, the economy would not
00:06:08grow.
00:06:13The stock market is no longer a closed club, it's a place where you build
00:06:16a future, it's accessible almost to everyone, and those who understood
00:06:20this are the young people, very
00:06:23young people, meet Tamar, she's living proof
00:06:27of the revolution taking place, what are you doing to her? I'm
00:06:30cutting her cuticle, I also need my cuticle cut,
00:06:33הקוטיקולה,
00:06:35thank you, cuticle,
00:06:39100%.
00:06:44How old are you, sorry? 13 and a half. How did you start?
00:06:48My parents bought me as a birthday gift the basic things you need for gel polish
00:06:51and I started doing it. I earned 7000 shekels a year.
00:06:55Amazing. And what do you do with the money? Most of the money I invest
00:06:58in the stock market in the S&P. You invest most of the money in the stock market?
00:07:02Yes. Why? Because if I don't invest
00:07:06then my money will slowly erode because
00:07:08of inflation. And I want it to
00:07:12grow and
00:07:13multiply.
00:07:17Tamar is not alone, hello, meet
00:07:20Hagai, I have no
00:07:22chance. What
00:07:25yes
00:07:30I don't see anything train I'm
00:07:32making fun of you tell me, so when did you start with the money? I was a relatively
00:07:36young kid, seven, eight,
00:07:40something like that, uh my grandpa passed away
00:07:44and I received an inheritance of 5 thousand shekels plus like always
00:07:47there's pocket money before holidays
00:07:51birthdays so you accumulated a sum, I accumulated a sum of about
00:07:5410 thousand shekels, something nice so I invested in S&P
00:07:58500 uh and how much money do you have already? You know 20 thousand
00:08:01shekels? What are you saying? But I already changed it
00:08:05from when I had 80% S&P 500
00:08:0920% bonds I changed it.
00:08:12to Nasdaq, which was very
00:08:16cool because I like technology. Here are some basic terms in the stock
00:08:19market that even children can understand. What is Nasdaq?
00:08:23Nasdaq is the leading
00:08:26technology companies in the United States. Can you explain to me what
00:08:30a stock is?
00:08:32So this is one stock from
00:08:34one company.
00:08:37And I sell it to you for 10 shekels. Now
00:08:40you don't like this taste? No. So you want to sell?
00:08:43Yes, but you also want to profit from it, right?
00:08:46So, for how much do you want to sell? For 20?
00:08:49For 20? So you sold it to someone for 20 shekels, but he
00:08:53also doesn't like the taste of it, so he wants to sell, but he also wants to profit, so he
00:08:57sells it for 60 shekels to someone
00:08:59else. Ah, but that person doesn't want it for 60 shekels because it's too expensive
00:09:03for him and he doesn't have that money. So he lowers the price
00:09:06to 40 shekels, but he still doesn't want it, so he says, "Okay, nothing
00:09:10is working for me, I'll lower it to six."
00:09:13And then the value really went down.
00:09:17From the stock. We don't want to buy
00:09:20a stock from one company. So we want
00:09:23an ETF of many, many, many parts
00:09:26of stocks from the 500 largest companies in the United States. And this
00:09:30is the S&P 500. Yes.
00:09:33Yes. And one day these could be these companies.
00:09:37And one day these could
00:09:40be
00:09:42these companies, for that matter, because each time you have 500
00:09:46different companies, right? Do you know how much money you'll accumulate in your investment account?
00:09:50In my investment account, I have 27,
00:09:52wow, like what amount would you like it to
00:09:55reach? It will reach millions eventually,
00:09:58because I'm really long-term, what's long-term? At the age of, I don't know, 20
00:10:02something, 30, so I have a few
00:10:04years,
00:10:10why didn't you take the money to the stores? But
00:10:14they showed me the interest in money and suddenly money wasn't
00:10:17that, it became what can make more money from it without doing anything
00:10:21and not just working and digging in the dirt, yes, as what?
00:10:25The goal, the goal in general is very simple, to be
00:10:28richer, richer yes, richer than me, for example, ah yes,
00:10:32very cool, very cool. Tamar
00:10:35and Hagai are not just anecdotes, the data also
00:10:38indicates that the younger generation easily does what the generation
00:10:41before it did not dare to do. 44%
00:10:44of investors who have an investment portfolio that they manage themselves
00:10:48are between 22 and 30 years old. In contrast, only
00:10:514% of those aged 50 and over manage
00:10:55their own investments. The average age of independent investors is
00:10:5829. In contrast, the average age of investors who prefer
00:11:02someone else to manage their money is 34. The younger
00:11:06they are, the more they take their future into
00:11:09their own hands.
00:11:12When did you feel you had to get in? When I saw that friends started
00:11:15investing and talking to their parents about investments, at first I would
00:11:19buy fractional shares of a stock that I thought could succeed.
00:11:22Uh, I put my money there...
00:11:27And then I moved to what everyone is talking about today, S&P 500, it was a bit
00:11:30before everyone started. I feel now that there's a bit of
00:11:34inflation in the use of the word S&P 500, like
00:11:37if I don't take many taxis, but when I take a taxi, the taxi driver tells me, "Invest
00:11:41in S&P." You invest in S&P. My grandmother tells me, "Read
00:11:44this book and invest in S&P." My same grandmother
00:11:48said something else. My mother is also upgrading.
00:11:51My mother at a certain stage did get
00:11:55into the world of investments, two
00:11:57computer screens, this, courses,
00:12:00things, how old is mom? My mom is 72. This
00:12:04is a TikTok account. Uh, this, listen, she's a star, she's not aware
00:12:08of it, but yes, you can see that she influences people who deal with these
00:12:11fields. I do feel that now it's also become, like, we're already in the next stage where it's become
00:12:15a bit of
00:12:16a trend.
00:12:22I see that many more people are entering
00:12:25the stock market and it also seems to me, when I look from the side, it seems
00:12:28contagious. Like there's someone who is AP
00:12:31Zero and he tells his friends, "You won't believe it, I bought a stock and it went up
00:12:35100%," and he shows him and then the other one says, "Oh,
00:12:38if this idiot can do it, I can too." How contagious is
00:12:42this really? So unequivocally, these phenomena are
00:12:45contagious and they also have a name
00:12:49in the world of behavioral economics, and that is herd behavior, and we really
00:12:52see that in the stock market we behave as a herd. And there are
00:12:55fashions that influence, we have this all the time now, meaning
00:12:59young people who announce one stock and everyone follows
00:13:02them. These phenomena of herd behavior are
00:13:06very, very, very dangerous, because what they do is they
00:13:10distance the price in the stock market from the true value of
00:13:13the stock. Social networks greatly
00:13:16amplify this issue, because it's very easy for me
00:13:20to come and spread some information or spread some
00:13:24tendency of mine. A stock, and what they also don't understand is that behind
00:13:27everyone who spreads information on social media about stocks or about
00:13:30these assets, there is a vested interest, exactly. It could be a different interest, it could be
00:13:34that he himself is heavily invested in this stock from an early stage and he wants it to
00:13:38go up or exactly the opposite, exactly, and they influence what will happen
00:13:41to my
00:13:42money.
00:13:46The internet is full of people who promise us a garden of happiness
00:13:49if we only buy the stock they recommend
00:13:52or, what's more common, if we only pay
00:13:55them thousands of shekels for a course where we'll learn
00:13:59the secret of how to buy and sell to make a quick
00:14:02buck. Most of those who fall for these offers
00:14:06will lose, because the stock market revolution is indeed
00:14:09here, but it requires patience. Those who seek
00:14:12to get rich from short-term day trading will find
00:14:16it much harder than it seems.
00:14:20In Ashdod, I met one of the few who succeed,
00:14:24Yoni Levi. Hello, he turned day trading
00:14:27into a profession. I want to tell you that you are fulfilling my dream. He gave us
00:14:30a rare glimpse into how it really works. Whoa!
00:14:341, 2, 3, 4, 5, 6, 7 13, 14 screens. Oh, and you
00:14:38also have the watch for that. You sit here all day. I sit here
00:14:42from 9 until 5:30. I don't
00:14:45get up, I don't move, I barely get up, for pee.
00:14:49You get up, of course. Did it ever happen that you lost in BP and you said
00:14:52certainly,
00:14:59put me in the area code of the monthly target,
00:15:03hundreds of thousands of shekels profit, profit. You
00:15:06need to tell someone what your job is. I tell them I'm a broker
00:15:10because that's what people know, even though it's not true. What are you actually? I'm
00:15:14a trader, a trader in the stock market. What does that mean? It means that I
00:15:17deal with money that is solely mine. They open almost unlimited
00:15:21credit lines for you and you start trading.
00:15:25Like if I take my money and put it in an index and forget about it,
00:15:29right, hoping it will give me 10% a year and I'll say
00:15:32thank you. You want to make over 30%
00:15:35a year, you want to be better. Good than the market and you succeed?
00:15:39Yes, the orders you transfer, buying and selling, are
00:15:42in the amount of tens of millions of
00:15:46shekels daily. Tens of millions of shekels a day? Yes. And that doesn't scare you?
00:15:50No. I love it. It's, it's insane adrenaline
00:15:54for me. Did it ever happen that in one trading
00:15:56day you made a crazy profit?
00:16:00Yes. Figures and... Very
00:16:03nice numbers. Hundreds of thousands a day? Yes.
00:16:07Days you lost crazy amounts of money? Yes,
00:16:11in the Corona in March 2020, there was one
00:16:14day that was very unpleasant, you can't stop the bleeding. How much
00:16:18did you lose there? Hundreds of thousands of shekels a day?
00:16:20A day.
00:16:23People are watching you now, among others, young people, who are tempted
00:16:27by this world of trading, of making money
00:16:30from money. What would you tell them? I would tell them
00:16:34unequivocally not to enter the field of day trading for my children. I would not
00:16:37let them do day trading. Why? Because the work is tedious,
00:16:41exhausting and you need to have a very very special personality. A day
00:16:45of crazy profit or a day of crazy loss can change a person's
00:16:48thinking and behavior, and you need
00:16:52to have a very, very, very tough personality in order to succeed
00:16:56in this. Listen, about three or four years ago, the owner of a
00:17:00college invited me, a college
00:17:03that teaches people to do prop trading and then employs them.
00:17:07He told me there are thousands of young people
00:17:10who are released [from military service] and enter this every year. I don't know anyone
00:17:13who was in professional trading and went and opened a college
00:17:17to teach. Like, whoever makes money just continues to make money. Unequivocally.
00:17:20Don't be tempted by stories they tell you about
00:17:24easy money. There's no easy money in trading. There's no such thing. Over
00:17:2795% of people will lose their money. I have no way to get rich
00:17:30quickly? No. Not in trading. So what do you need to do for
00:17:34that to happen and not for me to lose my shirt? I think
00:17:38you need to go through the whole process, meaning, study economics, study
00:17:41business administration, understand the stock market in depth, get to know the institutional
00:17:45bodies, get to know the brokerage firms, the big
00:17:48banks, like, you actually need to go and work in it, there are no shortcuts, there's no
00:17:51way, no shortcuts.
00:17:52דרך,
00:17:55Are you currently open with large positions? Like if something happens now, Trump
00:17:58says the wrong word, you could lose a lot of money. Yes, I feel very
00:18:02uncomfortable about
00:18:03that.
00:18:08Did anyone here invest in a stock and lose? I even know
00:18:11of one thing I invested in, some thing they told me was fine,
00:18:15I said, "Alright, let's go." How much did you lose? I lost
00:18:1918, in how many
00:18:22days? How many days? How many days? How did it
00:18:24feel? It was very unsettling, because I'm used
00:18:28to checking every day, sometimes even twice,
00:18:32and suddenly in one moment there was a certain number, and in another moment I have
00:18:36a completely different number. I cried, yes, yes, it was
00:18:40really a loss, like I said, "Oh my god, then what's the point, now
00:18:43like everything I've, what did I do with this?" But I got
00:18:47over it. Liron, did you try to imagine how you would feel if the stock market fell
00:18:50by 20%? Yes, I guess I'd sleep a little less well,
00:18:54but I wouldn't stop sleeping
00:18:56altogether.
00:19:00One of the things that allowed the revolution to happen is that since it started,
00:19:04the stock market has mostly gone up, and when it goes up, everyone is happy.
00:19:08When the stock market goes down sharply,
00:19:11then you can really discover who truly has enough high-risk tolerance to stay
00:19:15in for the long term. My friends and I
00:19:18in our WhatsApp group where we share
00:19:20our feelings
00:19:23uh every time the stock market starts to go down, but really, really go down
00:19:27then whoever asks why the stock market is falling so much and then answers
00:19:30start coming, it's because of this and Trump and the tariffs and this
00:19:34and every time I have a feeling that it's just, it's like astrology
00:19:38or reading a, I don't know, coffee cup or something? Am
00:19:41I right? First of all, you
00:19:44are right, okay? There's ultimately, even
00:19:48though we're talking about numbers and financial reports and a very, very
00:19:51logical world, ultimately we see that in such
00:19:54situations, what interests us is actually psychology. The best example
00:19:58of this is the Corona. This is the graph of the S&P 500, over 25
00:20:02years. We would expect that the Corona, which is considered one
00:20:05of the biggest events in humanity in recent times, would look here like something
00:20:09very, very dramatic, right? And in the end, what we see here is
00:20:12a small spike in the graph. Let's not downplay it, this
00:20:16thing is a 30% drop in one month, it was
00:20:19terrible, and my mother also just retired, so she ate
00:20:23it up. It really was a panic effect, there was a herd
00:20:26effect and everyone sold, but what we saw in practice, within
00:20:30a few months, the index went back
00:20:33up, and not only did it go back up, within 18 months it...
00:20:37doubled itself. At this point in time, we didn't see
00:20:41that. Okay, we only saw this thing. Now in your head,
00:20:45your imagination continues it here, you tell it, no, this is going to be
00:20:4880%, why? So that I don't cut my losses here? What's not
00:20:52rational about that? Meaning, I don't have this, how do I fight
00:20:55it? I think that whoever knew the crisis of
00:20:582008, could have already known that at this
00:21:02moment things would look different, because banks also crashed
00:21:05there, and there was a very very big mistrust
00:21:08in the government, in very, very basic institutions, and that's exactly where
00:21:12the market came out, and in the end it reached where it reached. So that means this understanding
00:21:16of the long term and the perspective that you see the
00:21:19graph like this... That's ultimately what needs to give you confidence,
00:21:22and the world of the stock market has survived wars,
00:21:26survived epidemics, survived terrible
00:21:28crises, but this point where
00:21:32you got out and lost all your money remains
00:21:35forever.
00:21:37So the most important things when entering the stock market are patience and the ability
00:21:41to absorb. What else? Let's say I want to enter the stock market. Give
00:21:44me the rules, the guide, what do I need to know? You want to enter the stock market? Now
00:21:48the question you need to ask yourself is for when do I need
00:21:52the money, because the stock market can crash. Right. If you need the money
00:21:55for the long term, minimum five years, you can start investing
00:21:59in the stock market. You want to diversify your risk, not
00:22:03invest in a single stock and not put all your eggs in one basket, but
00:22:07diversify into several types of stocks,
00:22:11countries. You want to create a portfolio that is
00:22:14diverse and broad in terms of investment. I can enter with any
00:22:18amount. There are also platforms today
00:22:20that don't require a minimum, and you can start investing with even
00:22:24hundreds of shekels. I enter the stock market and I enter with
00:22:27500 shekels fixed deposit every month. Describe to me what
00:22:31happens to the money? So we deposited 500 shekels a month, we are talking about
00:22:35a return of about 10% a year, which is approximately the S&P
00:22:39500 index, the 500 largest companies in the United States. After a year
00:22:42we have 6600 shekels. 6,
00:22:46which we deposited and another 600 shekels on which we accrued interest. After
00:22:5010 years I will have 95 thousand shekels, after
00:22:5320 years I will already have 350 thousand shekels,
00:22:57at which point most of the money in the fund is already profit, it's not the deposits
00:23:01I made, right, most of the money in the fund is not the principal, the amount
00:23:05I put in, but rather my return that has accumulated more return, what
00:23:08is called compound interest, and after 35
00:23:12years I will already have 2.5 million shekels, an amazing
00:23:15psychological event, all this assuming that the return and the market and everything
00:23:19'.
00:23:24To make you and me jealous, we found someone who understood
00:23:28the trick a long time ago, started investing at a young age, planned well,
00:23:32diversified investments and took early retirement. How old are you today?
00:23:35How early? I'm 41, he's younger
00:23:38than me and he retired two years ago. You retired, you retired,
00:23:42I retired fully, for me. You worked,
00:23:45I worked, how many years? 14 years in the workforce, in all sorts of
00:23:49places like that. Others, that's less than me. Okay,
00:23:52how? How do you do that? I also want to, teach me.
00:23:56So I think I'm actually a good example, maybe you hear in the accent
00:23:59that, people who immigrated from the Soviet
00:24:02Union. My parents are very dear, but
00:24:06not very rich. It was clear to me that from the moment I started
00:24:10earning a salary, I would start investing it. I would first save it
00:24:14and at the first opportunity I would invest.
00:24:17I started working in 2010. I saved
00:24:205,000 every month, I was earning 11, and then with
00:24:24those two years of salaries, which is about 120, I went
00:24:27and bought an apartment for half a million in Lod, and that was my foothold
00:24:31in investments. I started investing in the stock market in a relatively
00:24:34simple and diversified way in ETFs, but you
00:24:37save 50% of your income at that stage, something like that and even
00:24:41more. So yes, very, very aggressive saving
00:24:44and it's a lack of improvement in living standards, you're constantly striving to increase
00:24:48your income, of course.
00:24:58Your freedom, in the end it's a product, just like you go and buy an apartment, you
00:25:02buy a car, you can buy freedom, there's a sum
00:25:06you can put on it, you take your standard of living,
00:25:08how much per month, multiply it by 300,
00:25:12and that's roughly the amount you need to reach, and then you're free,
00:25:16so I did my basic calculation, so we spent around.
00:25:20In a month I multiplied by 300, 6 million, 6 million,
00:25:23I saw, okay, this is not out of reach. I already saw at that
00:25:27point about 4 million, needed another two million, and I saw
00:25:31that I wasn't very far and this realization that hit me
00:25:34that now I'm giving it more gas and now I'm out, it actually
00:25:38changed my life, and it still requires very aggressive
00:25:42savings of 10, 5 thousand shekels
00:25:45a month. What do you feel you gave up, say? You need to make sacrifices.
00:25:48I would perhaps fly abroad more. Think of a family
00:25:52traveling in a Hyundai
00:25:54i10, it's small, it's the same small car, it's small, it seems like even a car seat wouldn't fit.
00:25:57You put off replacing the sofa
00:26:00for longer. Okay,
00:26:03it happens that the stock market falls, and when it falls, sometimes it's
00:26:07aggressive, 10%, 20%, we've seen even 30% in recent years,
00:26:10in a month, what then? This is one of the main
00:26:13psychological difficulties in this whole early retirement process.
00:26:16Now, how did I really do it to make it less
00:26:20difficult for myself? I divided the portfolio, what is called into layers
00:26:24of risk, okay? I said that now
00:26:27in the first few years I created a very, very solid portfolio. Now,
00:26:31at the same time, the other portfolios I hold
00:26:35are 100% stocks, and I know that until I get
00:26:38to them, no matter how many crises shake them,
00:26:42statistically, they will really grow. Like, if you're in your early 40s, this is money from your 60s, from
00:26:46your 60s. I have to know. The millions you counted, does that include
00:26:49your pension? Of course, of course, this, this, this calms
00:26:52you down, I think, I think people sometimes don't realize how much they
00:26:55have.
00:27:01I don't...
00:28:08German soil reddened this morning with the blood of
00:28:11Israelis from the Olympic delegation. Israeli Prime Minister
00:28:15Yitzhak Rabin is no longer among the living. So what will we do?
00:28:18When will we solve all these
00:30:29The first is to take a risk and the earlier the better. That's one
00:30:33thing. One is to invest and take a real risk and take a risk.
00:30:37Two is to say how much do I really need? That's the absolute basics
00:30:40for me. I save every shekel beyond that. You put
00:30:44it in the investment portfolio, okay, so that's two. What's three? Three is knowing what
00:30:48you're doing the day after, and I think a lot of people don't
00:30:51go out because they're afraid, they're simply afraid of this encounter
00:30:55with the emptiness. In short, how
00:30:58to do it, everyone will forgive me but I'm allowed to because I am.
00:31:03That's what you need to do. Basically, I'm mentally prepared. You
00:31:06know, to put this price tag on your life, on your standard
00:31:10of living. So see how far you are from there. Check. I'm, I'm a bit far, I'm a bit
00:31:14far.
00:31:17Who connects to the dream?
00:31:21Where do you connect to it? I have many hobbies in life
00:31:25that I don't have time to do. You saw what he did for it? Saved
00:31:2850% of his salary or more? Is that something you'd be
00:31:32willing to do because that's the price? I'm willing to live like
00:31:35a dog, literally. Hagar, I see you're not connecting. Absolutely not.
00:31:39connects. To prevent yourself and live
00:31:41in a rush. That's a big no-no.
00:31:47I want early retirement but not at any cost, my goal
00:31:51is that my quality of life will only grow over the years and at 55 I
00:31:54will live that quality of life or improve it in the coming years. So that's the plan right now.
00:31:58You're working for, I'm working my butt off
00:32:02to retire at 50-5 60.
00:32:04to retire.
00:32:11When investing in the capital market becomes the norm, boys and girls
00:32:14from families who don't know how to guide them on how to do it
00:32:18will be left behind. Into this vacuum enters the "Ovedim Nahon" (Working Right) association.
00:32:21The volunteers of the association meet teenagers right after
00:32:25high school. Most of them without guidance from home in this field. In an intensive course
00:32:29of three days, they will move from a state of complete
00:32:32lack of knowledge to mastery of basic concepts and principles of saving
00:32:35and investing, and will take their first steps on this
00:32:38journey. I'm going to ask a question now, if this
00:32:42question is valid for you, you remain standing.
00:32:46Who, in addition to a bank account, has a savings plan, not including a savings plan
00:32:50for every child, for whom this saving is in an investment
00:32:53channel, or the place that makes a mistake, what do you have a deposit, yes, you will
00:32:57sit, whose money is spread across several investment channels, I will also
00:33:00sit. What is important
00:33:03for you to understand is that there's no reason why
00:33:07all of you shouldn't have a lot of money when you grow up.
00:33:10A small thing you do at 18, 19, 20
00:33:14changes your life. To the extreme at 30,
00:33:1740, 50, did you come from a wealthy home? No, did they talk
00:33:20to you about money, inheritance? No,
00:33:23honestly, they didn't talk to me about it. What would you expect to learn here? How can I
00:33:27invest my money in the best way, without much
00:33:31risk. Okay, what's your goal in life?
00:33:34At least until 25, to reach a situation of an apartment, that's less
00:33:37than 10 years. Do you think it's possible? Everything is possible. Good
00:33:41for me, how much do you want it? How much do you want it? Very much.
00:33:45We are going to learn what investment channels are, what are they in
00:33:49different tracks? A Provident Fund for investment, S&P,
00:33:52Nasdaq, stocks, IDF certificates, does any of this
00:33:55tell you anything? No, and you think that in two days you will know? I
00:33:58hope so, I would like to have more
00:34:01money in the future as well, and also to manage it
00:34:04correctly. What happens if I save every month, give me a number that you want
00:34:08to save every month? 400,
00:34:11400, 40 years from now, I'm at 2.6
00:34:14million. Did you grow up in a home with money or without money? There
00:34:18is money but not in abundance. What do you expect
00:34:22to get from this workshop? The
00:34:24way, like, how do I actually make
00:34:27investments in stocks.
00:34:31And to really start doing
00:34:32it.
00:34:35Alright friends, we have now reached the final stage, the stage of
00:34:39investment. If I want to buy a car in
00:34:42a year, which track would interest me?
00:34:56Great, how much will it make in the next year, you don't know.
00:34:59Is it possible that in the next year it will lose money, good. How
00:35:02often do I check what's happening with the index? You are not forgotten,
00:35:05let me understand where we stand. Who is currently interested in opening an investment
00:35:09provident fund?
00:35:12Great, friends, very, very simple. Come on,
00:35:15let's open it.
00:35:19What did you take from the workshop? That they showed us physically the amounts
00:35:22we can earn in 30 years without doing
00:35:26anything, like it was 4 million and that,
00:35:29it's crazy. And then every month, I take from it, like
00:35:33to sit with my siblings and my mom and like whoever
00:35:36lives with me and to teach them, I have many young
00:35:40siblings, and my mom and dad probably aren't aware
00:35:43of it. Yesterday it seemed so
00:35:46complicated to me, today I manage to understand what everything
00:35:50means, whether it's investments, whether it's stocks, what is
00:35:53a stock?
00:35:59Maybe everything we said now is nonsense, and we are now at
00:36:01a point from which it won't
00:36:04look like it did before, and in another X amount of time we'll find ourselves on a graph
00:36:08that goes here and gets stuck, I don't know for 20 years like this, because
00:36:12whatever. What is the chance
00:36:15that it will happen? I strongly believe in the global economy, as long as people
00:36:19wake up in the morning for work and create companies, and we
00:36:22have Apple and we have Google and we have AI, and the world is developing,
00:36:26there's no reason that.
00:36:28And this is exactly the story of humanity, the moment it becomes a straight line, then probably
00:36:32that will also be the straight line of
00:36:33humanity.
00:36:37The capital market is not for everyone. When a big crash comes, and it
00:36:40will, young investors will discover their true risk
00:36:44tolerance. This will be the test of this revolution, whether
00:36:48the trauma of the stock market regulation crisis of banks will repeat itself or
00:36:51if this generation is truly different
00:36:53from its predecessors?