You Might Want To Stop Investing RIGHT NOW

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The stock market is falling, the Fed will keep interest rates higher for longer and the housing crisis risks collapsing the economy.

These are all fun news headlines, but they are not a good reason to stop investing in the stock market.

However, given the unique situation with high interest rates and a cost of living crisis, there are reasons why you might want to stop investing RIGHT now.

Paying off your debt, overpaying your mortgage or finding other ways of indirectly getting a guaranteed return on your money could be a smarter choice.

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DISCLAIMER: Your capital is at risk. You may lose money on your investments.

DISCLAIMER: I am not a financial advisor and this is not a financial advice channel. All information is provided strictly for educational purposes. It does not take into account anybody's specific circumstances or situation. If you are making investment or other financial management decisions and require advice, please consult a suitably qualified licensed professional.

[jamesvdv]

After the last crash (2008) I started accelerating my mortgage overpayments. Having paid back my mortgage over five years earlier than originally scheduled, I have no regrets.

[pointblankracer]

We sold everything We could to clear all our debts.
Debt free is a great feeling and helps us sleep at night.

[stevenewsome]

I learned my lesson dec 2022.
The news- chip stocks are slowing down, crash coming! 😮
I sold Nvidia and planned on “timing” back in. Sold at 153, made a few hundred, but it’s now at 439, high over 500 and I can’t get back in. 🤦‍♂️
Lesson learned- don’t time the market.

[lloydwalls]

Who would have thought a finance based channel actually giving sensible advice on finance. Exactly what I'm doing now, overpaying my loan and credit card as long term it with have the most benefit. Yeah my investments are small compared to most but I only started because of this chanel. Keep doing what you do

[richardattridge]

Makes perfect sense, pay off high interest rate credit cards, loans etc, before investing .

[SashaYanshin]

Webull (UK) - Get up to 2 free shares worth $2, 000 each
You will get 1 free fractional share after signing up, making any deposit, and 1 more when complete a trade in the first 30 days.

[Luke-pndr]

Thanks Sasha.. thanks for being probably one of the few finance youtubers that have their ego in check, who's not delusional thinking he knows where the market is going to go.

[lightweightben]

Mortgage offset account means you pay a small fee but can access the money immediately. Put all cash in that and it reduces the mortgage interest meaning you’re paying off more of the principal each month. This has meant every time we remortgage we can take 1-2 years off the repayment period, but still have the emergency fund if needed. When interest rates were low it was not the wisest way to keep money but now it makes sense (though you can only do this with variable rate mortgage not fixed, you can split variable and fixed so your 80% fixed 20% variable and offset the variable part). The tax free ‘returns’ with no risk are what make this worth it

[theamateurguitarist]

Save as much as you can in to NS&I bonds at 6.2% and pay it off your mortgage when it is due for renewal.

[Aivern]

wow this is actually advice from a different perspective, never heard this side from you, kinda refreshing.

[patrickmckeag]

I didn't start investing until I had my mortgage paid off. Paying down my debt first, seemed like a better ROR for me, but that was back in 1984 when mortgage rates here in Canada were ~ 14%.

[thanasballabani]

These are my favorite Sasha videos ahha

[kellywalker]

Great video. My opinion is, you can’t time the market, but you actually can. You can’t time it to the day or even the month but you can see the writing on the wall.

[darrendrew]

I’m amazed that you have to spell this out for people! Perhaps, it would be a good idea if basic finance was taught in schools.

[ssjd]

Everyone is different. Personally id hold 12 months of costs in cash and diversify the rest. But paying off expensive debt is always no1. Dont be geedy and be boring and sensible it always wins in the end.

[igiannakas]

There are two big assumptions here- 1. That mortgage and central bank rates will stay high for the duration of your mortgage and 2. That your investment horizon is the same as the payback period for your mortgage. If either of the two are valid, then the argument tips the other way.

[jacksharkey]

Great video Sasha. I would be interested to hear your thoughts on what renters should be doing at the moment.

As someone that planned to buy a house earlier this year but is now stuck renting for longer, I constantly battle with keeping cash so i can capitalise if the market changes, or investing it and residing myself to renting for the next few years.

We have a generation of renters in the UK, so could make for quite a good video

[greenockscatman]

What a coincidence! We just started overpaying our admittedly tiny mortgage last month. Always reassuring when a finance youtuber tells you you've made the right choice...

[quixomega]

I certainly wouldn't buy any real estate at today's prices + interest rates, it just doesn't make sense. I already made the decision to pay my mortgage down a few months ago.

[jonathanphillips]

Food for thought in today's video. Thank you, once again good common sense spoken in a world of madness.