QuickBooks Online 2024 Bank Reconciliation Month 1 Overview. Get ready and some coffee because we're going to be on top with QuickBooks Online 2024. Here we are in our Geekdrick Guitars 2024 QuickBooks Online Sample Company file we set up in a prior presentation, opening up the major financial statement reports like we do every time. The reports on the left were in the favorites. Right clicking on that balance sheet to open a link in a new tab. Right clicking the profit and loss opening the link in the new tab. And with the trial balance same thing for the trustee TBE tab and to the right closing that hamburger and we will change the range going from 010124 tab 022924 making it month by month broken out and running the report tabbing to the right closing the hamburger and the changing of the ranging will happen again in 010124 tab 022924 and then we're going to say that we want this on a month by month breakout refresh and then tab to the right one more time hamburger close and change that range 010124 tab 022924 tab and then months run it. Okay, let's go back to the balance sheet. Last time we gave an overview of the importance first a word from our sponsor.  Well, I'm not saying that subscribing to this channel crunching numbers with us will make you thin fit and healthy or anything however it does seem like it works for her just saying so subscribe hit the bell thing and buy some merchandise so you can make the world a better place by sharing your accounting instruction exercise routine if you would like a commercial free experience consider subscribing to our website at accounting instruction dot com or accounting instruction dot think of it dot com of the bank reconciliation process something that every business should do a large small whether you have bank feeds or do not have bank feeds you should be doing part of the bank reconciliation or doing reconciliations it being the second biggest internal control allowing us some assurity that the financial statements are reported correctly second only to the double entry accounting system itself that were forced to use when using the QuickBooks accounting software so now we want to think about the prop the process of doing the bank reconciliation starting with the first month of reconciliation oftentimes having more difficulties than following months that's why we're going to do two months of bank reconciliation we'll talk about some of the difficulties that often come up with the first month of bank reconciliation and then in the second month we'll have a process which will hopefully be a little bit easier representing the normal process then going forward from that time so we note that the reconciliation is basically going to be tying out matching what's on our books we're looking at the cutoff date now at the end of January the first month which our books say is 88 810 27 and we're comparing that to what's on the bank side of things and this is our mock bank reconciliation which typically has the beginning balances the additions subtractions and then the Indian balance the bank says that we have 61 241 85 as of that same point in time the end of January it's not the same number you may may have noticed now that will often be the case if we have a full service accounting system in which case we're putting our books in the system on our side not relying completely on the bank to do so and then using the bank to double check possibly with the help in the use of the bank feeds if we're building our books directly from the bank feeds then it may well be the case that our balance ties at any given time it's to what is on the bank side of things but you can only do that in certain cases so and even then you'd still want to do the reconciliation it would just be really easy in that case so so we're going to say well what is the difference between the two we saw that they're they're hopefully going to be outstanding checks and deposits or things that we have to basically record on our side so in other words we're going to tick and tie everything from the bank to our side if something's on the bank statement but not on our books then the banks probably correct usually is unless the bank made an error in which case we'll have to deal with that but usually the bank is correct we're going to have to add that to our side if something is on our side but not on the books side of things then it might be fine because it might be the case that those are outstanding checks and outstanding deposits which are the reconciling things the difference between the bank balance and the book balance where we were run into a problem with the first reconciliation is often this beginning balance so we have to have a cleared beginning balance that is the same so that we can take everything off as we go and if I go over to our books over here you will recall that we started entering our data as of the end of two thousand and twenty three December two thousand twenty three so if I go into this checking account for example and I was to go into this as of twelve thirty one two four twelve thirty one two three I should say and then and then look at this we put the beginning balance on the books at twenty five thousand dollars we had to do that because when we entered our beginning balances were imagined from the prior accounting system that was on our financial statement as of this point in time so we had to put it on the books at twenty five thousand because we had to reconcile our our debits equally in our credits when we put the beginning balances in place but the bank says that the beginning balance is thirty thousand dollars so that's going to cause a problem with our bank reconciliation possibly because we don't have a starting point that is the same so in other words if I go back on over here let's check that out from a bank rec standpoint go into the first tab and we go into the we could go into the transactions and then here's our bank transactions this is where the bank feeds would flow through bank feeds as we'll look at in future course or section could help us with that with the reconciliation but that isn't the actual reconciliation the reconciliation is over here in this tab and it says match the books to the bank records connect accounts are easier to reconcile so it's obviously advertising the connection to the bank I keep yourself on track find holes in your accounting get things tidy for tax time so let's go ahead and get started so it says reconcile like a pro get your books and your bank statement to agree so you open the bank statement match your books to the statement success alright let's get it done so this was where we would choose the account we're going to be choosing the checking account now here's the problem the beginning balance here doesn't even have anything in it it's at zero at this point in time whereas over here we have a beginning balance of the thirty thousand that's going to cause us a problem we can kind of work around that though so let's continue with that and say okay I'm just going to deal with that hold on a second the ending balance is six one two forty one eighty five so six one two forty one point eight five and by the way six one two eight one if you mess this up you can still change it afterwards once you're in there if I go into this this is going to be as of the cutoff date which is on the bank statement 131 so as of the ending date of the bank statement here and then we're going to say down here enter the service charges or interest earned this is kind of a remnant of the old bank reconciliation before bank feeds because oftentimes what would happen is if we did a full service accounting system we would be entering oftentimes checks right and we would be writing the checks and entering the checks as we go and there would be certain things that we know that we would not have picked up that would be on the bank statement and those things would include things like the service charges the banks can just take money out of our account for their fees we wouldn't know about that until we got the bank statement so we could do the journal entry automatically right here and it'll do a journal entry for us to record the fees are the same might be with interest earned if we earned interest on our account then we would know about that until they told us that on the bank statement so we could record that as we go however these days we actually have bank feeds so so those are things that might come through with the bank feed so we would catch them as they come through our system just like any other transaction and probably record them with the bank feeds making this whole little thing down here obsolete I never liked to use it in the first place because I would rather you know reconcile what I have I think it gets a little confusing when we were adding these so basically I would disregard for those two reasons this bottom bit here usually start reconciling all right then we have our little worksheet up top so we've got the statement Indian balance the statement Indian balance is what we typed in here that was the 61 to 41 85 we just we just told QuickBooks that and then we have the cleared balance the cleared balance is zero at this point in time because it didn't give us any beginning balance and because we haven't checked anything off down below therefore we have a difference of 61 to 41 85 our goal of the bank reconciliation is to get this difference down to zero when the difference is at zero then we can reconcile the fact that this difference is at zero or when it gets to zero does not mean that our books will then match the bank books it does not mean that our books here this 88 810 will then be 61 to 41 85 what's on the bank statement because the cleared balance only represents those items that we checked off down here and if we didn't check it off then it might still be a good a fair thing that we don't check off right because it might be an outstanding check or deposit which would be the reconciling items so this is just the cleared balance the beginning balance plus the things that we checked off the things that we don't check off are the reconciling items the difference between the bank and the book things that were most likely be outstanding checks outstanding deposits now how do we get to this clear balance well it's got your little arrows down here it's the beginning balance which that's going to be a problem because I don't have anything and it has 30,000 so we're that's a problem and then we have the the payments and the deposits which are the things that we're going to check off right so the deposits would increase this number the payments are going to are going to increase this number and so on so if I check all of these these boxes off and I tick and tie each of these items out perfectly then my ending balance has to work meaning my additions and my subtractions that are the cleared balances will tie out to this and this exactly and and so it has to work right if there's something that are in the bank statement that's not on our books then we're gonna have to add it to our books unless the bank is wrong right but we can't do it in the first month because this 30,000 isn't in the beginning balances so even if I get this number and this number to be correct it's still going to be a problem because I don't have the beginning balance well what do I do about that well this 25,000 you will recall is the 25,000 that we put into opening balances that's the beginning balance that we put into the system so that is really truly our beginning balance which should be over here in the beginning balance section but the fact that it's not isn't a big deal as long as we noted on the first bank reconciliation we could just check it off and there it is right there so now basically by doing that I can say okay I have this one I have the top bit but it doesn't tie out right if it matched I wouldn't have a problem if this was 25,000 then I would have the 25,000 right here even though it's not in the beginning balance it's in the wrong category it's still going to be an increase either way and I could still reconcile it's just that I'll end up with with the increases being these additions plus the 25,000 so why is it off by 5,000 though what happened there well if in the prior accounting system I was using a full term accounting system as of the cutoff date of the prior period which would have been if I go into the checking account 1231 of the prior period this beginning balance went in there on let's make the date 1231 to 3 to okay so this 25,000 was in our prior accounting system as of the cutoff date if we had a bank statement as of 1231 23 then the ending balance on that bank statement we would presume would be 30,000 the beginning balance on our current bank statement and that didn't match what's in our books which is quite natural if we're using a normal accounting process because there were outstanding checks and deposits so so now we have these outstanding checks and deposits from the prior accounting system that are messing up our beginning balance that we're trying to start from from one point January 1st of 2024 so what do we do about that well one thing you can do is that if those amounts cleared you'll actually see them in the current time period meaning if there was 5,000 in checks that didn't clear last time they're going to clear in the current month possibly or else they can remain outstanding so for example these two you could see these two amounts right here add up to 5,000 that's the difference so what's gonna happen is these two amounts are actually not in the current activity I'm not gonna find them in the activity and be able to check them off on the payments because I didn't enter them in the current month they were entered in the prior month prior to when we started QuickBooks online in the prior accounting system so so there's a couple ways we can fix that then I could I could just not check them off right I could say okay well if I don't check that off and I just keep this at 25,000 those two amounts will net out right so that if I because this is 30,000 and then there's 5,000 difference down here so if I put it on the books at 25,000 and I don't check these off then I will be able to reconcile exactly that's one method it's not perfect however because that means your reconciliation is kind of messy because you don't get to see that these checks cleared what we would like to see is that these checks cleared from the prior accounting system and they cleared in the current period so what we should do is actually enter these checks into the system as of the prior period prior to our cutoff date and whenever the checks were entered or possibly we enter them as 1231 and then and then we'll be able to check them off as cleared and we changed the beginning balance up top to what it should be 25 to 30,000 in other words we changed this number to 30,000 or we make another journal entry for 5,000 so I can check them both off to get to 30,000 as our beginning balance and then we write the cleared we put in place the checks the two checks that were written in the prior period that brought our balance down to 25,000 and then we we check them off in the current time period so that's kind of the issue that's what we'll have to deal with with the first bank reconciliation now note the first easy method that we talked about is like well I just won't check these off and then I'll just check off the 25,000 and it'll work that will only work if these two amounts cleared and the current time period it may well be the case that you have a bunch of checks that will never clear because they're there there's something a problem there they're outstanding checks that got entered twice or something and they've been outstanding forever so if they don't clear then then that methods not going to work you're going to have to do something else to fix it right you're going to have to basically enter those checks into the system and then void them properly so that you don't mess up the prior period balances right you don't mess up retained earnings so so just keep that in mind like like a lot of times what will happen is people will have this problem and then they're like oh well I magically can reconcile it tied itself out that but that would only happen if these two actually cleared in the current period if they don't clear you're going to still end up you're going to still end up with a problem okay so once that happens though once we take care of that beginning balance problem then the following period will be really easy because this 61 241 85 will then be the cleared balance and in the following period then that's going to be the beginning balance which has to tie out because we tied out exactly to the ending balance last time and then we can just take everything off and everything should work properly and it should be easy to reconcile just remember that when we reconcile that this bit here is the process of reconciling getting this down to zero allows us to generate the reports which are the bank reconciliation showing a report that will give us the bank balance as of a point in time and then the exact difference of the outstanding checks and deposits to get to reconcile to the book balance alright so that's the general the general issue that we'll have to deal with so we'll start to do the bank reconciliation next time by just going in and ticking and tying off the deposits and then we'll do the checks and then we'll see that we'll have to add a few items and then we'll deal with that beginning balance issue


We're here at ITU Telecom World 2014 in Doha in the state of Qatar and I'm very pleased to be joined by Minister Amabla Johnson who is the Minister for Communication Technology for Nigeria. Minister, very nice to see you again. Thank you very much for having me. It's good to be here. Thanks for being in the studio with us. Now, I wanted to talk about the central theme here at ITU Telecom World 2014. It's future in focus. What developments in technology policy or business do you see as key to the near future? I think if you look at it from the Nigeria context, all over the world the future means different things to different people. And for us, having the future in focus is really three things. First of all, it's about infrastructure, making sure that we have the right technologies in terms of building out our broadband infrastructure, the combination of microwaves, satellites, fiber and all of that and ensuring that it's the right technologies that we have given the differences in the terrain of a very large country like Nigeria. But I think also we need to look at the future in terms of services and that is ensuring that we have, if the internet or the broadband and telecommunications is going to be part of the future that we see for ourselves, then ensuring that as we build this infrastructure, we have the appropriate kind of content that will actually attract more Nigerians to this infrastructure. So that's around the services, what kind of services that we provide in, what kind of content is available on the internet. And then finally, the future when I listen to a few of the debates that I've gone on over the last two days, one of the big things that's going to happen is jobs and skills. The skills that are required for the future are very different from the skills that we have now. So how do we as countries, as sectors, begin to prepare more people to be engaged effectively in this new digital economy that we're all building. So the skills or the jobs that existed today don't exist tomorrow. So how do we ensure that we have the right kind of data scientists, network engineers, people that will help us to ensure that this digital economy and this future actually comes to pass? Now our motto, let's call it, ITU is connecting the world. I just wanted to talk to you about broadband. Obviously it's a very important part of your communications strategy, I can imagine. How can universal broadband in your opinion be best achieved? Well, I don't know if I can answer best, but I can talk a little bit about what we're doing in Nigeria, which I hope that, you know, by the time we're done, other countries will emulate this and see this as best practice. As you know, the industry is liberalised, so we don't have any government intervention per se in the telecoms industry. So what we're doing first of all is to ensure that the telcos are covering as much of the country as they can. And clearly they're only interested in the commercial parts of the country where they can make a profit. What we're also doing is that with the Universal Service Provision Fund, we have just funded a big access gap study and today for the first time we know exactly where we have pockets of poor connectivity or no connectivity at all. We've actually costed what it would be for us to put voice and data in those particular communities, which are communities where the telcos may not make money, but they're communities all the same that we need to bring into this new digital economy because it's all about inclusiveness. So using the USF funds to really support the development of broadband in those areas. The third thing we're doing, which is actually quite important, again working with the telcos, is that we find that when you look at Nigeria they focus on a few pockets, so the big commercial nerve centers. We are licensing what we call infracos, which are infrastructure companies that will have the mandate or the license to roll out fiber. But we've made it on a regional, on a geographical basis. So we divided the country into seven geographical areas and we will have one license for each of those geographical areas and the company that wins the license will basically have the mandate to build fiber, metro fiber particularly in that particular region. So by these three things we will ensure that we cover the country, both in terms of the commercial areas, which are really not a problem. Secondly, in terms of making sure that we have a geographical balance, even for those areas that are commercial, but somehow the telcos aren't interested in them. And thirdly, for the areas that are not commercial at all, but there's still a need to bring in the millions of Nigerians, because as you know, or as you may not know, about 50% of our population lives in the rural areas and these are areas that are seen as unserved or underserved. So we need to use the USP funds to bring those people into the internet economy. I want to talk to you about partnerships. What role do partnerships have in this new disruptive age? It's a really important role, because like I said, you know, government, yes, we're seen as the regulators, the policymakers, the telcos are seen as the implementers, but it's not really a regulator-regulator relationship. It really has got to be a partnership relationship. So, you know, we developed the broadband plan together with the industry. It wasn't something that we did by ourselves. We did that together with the industry. And as we're implementing, it's a partnership in implementation. And the way that government comes in in this partnership is that we see ourselves very much as a catalyst. So for instance, we will be the catalyst to say we'll give a subsidy in these particular areas and then we hope that the telcos will come in. We've used that also in our innovation, incubation, ideation space. Government has come in as a catalyst. We've built a number of innovation hubs we've put in the infrastructure, the fast broadband, the computers and the physical infrastructure. But then we've more or less handed this over to the private sector to run on our behalf. So that's where partnerships come in. It's very important. And even within governments, and I think that's what we're seeing in the discussions we're having, Ministers of ICTs should not really be seen as the only people that are developing this digital economy. There's a need to partner with the Ministers of Finance, of Health, of Education and of Agriculture because ICTs cut across all of these areas. And we're very used to working in silos, in our little portfolios, but there's a need to actually partner within government as well as partner with government and the private sector. And Nigeria's got a great pavilion here. It's been making a lot of noise. A lot of people have been attending. I know there's been a lot of conversation going on there. We just wanted to find out from your own perspective, what's the value of attending events such as ITU Telecom World? You're right. Nigeria has got a big pavilion. We have a very big presence at ITU every year. But the real value that we see, it's in two ways. First of all, when we come here, and I speak with other Ministers of ICT and I hear what they're doing, and we have these conversations where you bring in experts from all over the world to talk about the future, whatever it is. In a sense, it validates what we're doing. So if you're completely on the wrong track from what the rest of the world is doing, you know that you've got to come back in line. But what it's done for us is that it really has validated what we're doing. So broadband is important, digital skills are important, and that's what everybody around the world is doing. So it validates. I think the second thing it does for us is that it enables us to learn. So the number of countries that are ahead of Nigeria, you know, they've gone past the broadband infrastructure. So they're looking at content development and ideation and all of that. So we can learn.  These are things that you don't usually think about in your day-to-day job. But just being here in this space and being able to speak to experts, again, you go back and you think, well, how does this impact my present context? Or how do I bring this into my context? So it does two things. First of all, validates what we're doing. And then secondly, it helps us to think ahead and see what we should be doing in the very near future. It's been great to see you here again. Thank you very much indeed. Thank you.


Lakes represent a curious natural source of methane to the atmosphere, as they only cover about 2-3% of Earth's surface, yet are estimated to contribute about 12% to global methane emissions. Therefore, understanding how methane is released from these systems is really important for predicting climate change. Methane release from lakes is controlled by methane-oxidizing bacteria, which sit at interfaces in lakes where methane diffuses upwards from the sediment where it's produced and oxygen diffuses down from the surface. Increasingly, evidence suggests that methane is also oxidized in lakes where oxygen is no longer available, yet the involved bacteria and their metabolic requirements remain largely unknown. Therefore, we investigated methane oxidation in the deep Meromictic Lake Zug in central Switzerland, where water below 160 meters is permanently oxygen-free. With 13 carbon labeling experiments, we could show that methane is oxidized at a similar degree under both oxic and anoxic conditions, yet at all depths only aerobic methane-oxidizing bacteria were present. Additions of oxygen, but also iron and manganese oxides, stimulated methane oxidation and also the activity and growth of these bacteria, therefore suggesting that they are able to switch to using other electron acceptors under oxygen limitation. This has been confirmed to occur in pure cultures of these bacteria, and our study provides first evidence that this also occurs under environmental conditions, thus providing important information about these natural methane filters.


Last week, the FDA amended emergency use authorizations for the Pfizer and Moderna COVID vaccines, allowing immunocompromised individuals, specifically solid organ transplant recipients, or people with other equivalent conditions, access to receive an additional dose. I spoke with Pot County Public Health Director Tammy Riley to discuss who should receive this additional dose. This is an initial dosing schedule for moderate to severely immunocompromised individuals. That's approximately 3% of Americans. So that would be individuals suffering and being treated for cancer, solid organ transplant recipients, individuals who are receiving immunosuppressant medications for a variety of reasons. Although there could be some confusion, Riley adds that this shot is not a booster, and at this time, the additional dose is for the immunocompromised and not fully vaccinated individuals. So individuals receiving mRNA, either the Pfizer or Moderna, who would fall in that 97% category, would require two doses of the Moderna or Pfizer, and then if you're in the 3% category, you would take three doses of spaced three to four weeks apart, depending on whether it's Pfizer or Moderna. Here at Pikeville Medical Center's Heart and Vascular Institute, we have assembled a comprehensive team of cardiac specialists bringing expertise from all regions of the nation and the world. We have coupled that with cutting-edge technology, providing them the best equipment and operating rooms available. The result is comprehensive cardiac care for the people of our region that is second to none. The Heart and Vascular Institute at Pikeville Medical Center. But earlier this morning, the U.S. Department of Health and Human Services, in conjunction with medical experts, made an announcement that starting September 20th, booster vaccines will be available for all U.S. adults who have received their second shot of the Pfizer or Moderna vaccine. Although many are ready to take their booster, the CDC says people must wait up to eight months after they receive their second shot to receive their booster. Riley adds that there are several steps before the boosters are made available, as the FDA would need to approve the boosters and the Advisory Commission of Immunization Practices under the CDC would make a recommendation to public health. And then the State Department in Kentucky would send public health protocols and we would have our medical director sign off on those protocols before we would offer that booster shot. This also is the same process for us for that third dose for the immunocompromised. If you fall under the category of immunocompromised and have any questions about the additional dose, Riley recommends that you discuss your options with your primary care provider or to call your local health department for more information. You can also go to vaccinefinder.org. We have that listed on our website and social media page. But simply go to vaccinefinder.org. You can search by zip code. You can search by number of miles you'd be willing to drive. But there's ample vaccine available if individuals are wanting that third dose. My understanding is you would need to take your COVID-19 vaccination card with you to the vaccine provider. And you would sign an attestation form that you do meet the criteria for the third dose. Reporting for Mountaintop News, I'm Jeremy Justice.


What's going on, everyone? Sam here, late in sports cards, ripping two boxes for John D. We've got one at 22, a Panini XR football hobby, and one at 22, Zenith first off the line football as well. So good luck here, John. We'll start with your XR. So you got it in here for everybody. Extreme rookies, Wondale Robinson to 149. Saquon Barkley, that's 67 of 99 for the Giants. We've got a blue, Mike Parsons, 147 out of 199. Rookie of Quay Walker, base of Jamis, and Brandon Cooks, nice one here. John, we've got a Kenny Pickett, 60 out of 99 on the Jersey Auto. Congrats, buddy. Nice one there, nice KP. First QB taken in the draft last year. Very nice, great way to start. Xamir White to 199 for the Raiders. Traylon Burks to 249 for the Titans. And Kenneth Walker Rookie, Gabriel Davis and Elijah Moore. We've got Channing Tindall, that is 35 of 199. Nice one there for the Dolphins. And Sky Moore, nice patch, 10 out of 49 for the Chiefs. Three callers, congrats on that there, John. First off the line, Zenith Bissoff's one, dude. Zenith first off the line, it's been pretty crazy. Yeah, we've got Gold, Pacific, Desmond Ritter, three of 10. Nice one, nice way to start right there, Desmond Ritter. As well as an Arnold Ebikite, that is nine of 35. There's one more on the back here, that is Jonathan Taylor on the Z-team. Bass is DJ Moore. This one here, first off the line, exclusive RPA is going to be Sauce Gardner. That is six out of 50, three callers, very nice. Congrats on that there, John. There you go, buddy, nice first off the line, Sauce. And Encard is going to be Devin White, that is 64 out of 100 on the Pinnacle Inscriptions for the... What can yours? That'll do it for your break there, John. Congrats on all the hits, buddy, we'll get them right out, see ya.


Are you sick and tired of seeing your portfolio growing as slow as a snail? Are you curious to find out as a complete beginner how you can grow your first $10,000 quickly and safely? Are you interested to find out how Warren Buffett accumulates his billions through a very safe and proven way of investing? If you want to find out how to grow your first $10,000 in a very safe and quick manner even as a complete beginner, then keep on watching. Hello and welcome back to my channel. The only one place for you to learn about stocks, investing, as well as options. Hi everyone, this is Chloe. And if it's the first time that you're coming into my channel, make sure you click the subscribe button as well as the notification bell so that you will not miss out any future investment videos that I upload. An early thumbs up is also appreciated because it will tell YouTube that you find this video useful and YouTube will help to push this content to more people to inspire them to invest safely. Do you often notice that there are three types of people when it comes to investing? The first type of people are action takers who will jump right into the stock market upon hearing a tip. A friend could be telling them a stock tip or a good way of making money and the next moment you will find that they have already started dabbling inside the stock market. But unfortunately, most of the time they tend to lose money because they don't know what are they doing. The second type of people are thinkers. They want to make sure everything is under their control before they take action. Often like to think a lot for sometimes months and months and months and sometimes even years. And when you ask them why you haven't started investing, they will tell you that they're still analyzing and this is not the best time to start. What happens most of the time is they end up missing tons and tons of opportunities. The third type of people are what I call prudent risk takers. They often take action very decisively once they have done their own homework and research. They also understand that there's risk behind everything, including putting their money in the bank and let it rot by inflation. In order to grow their wealth so that they can take better care of themselves and their family, they are willing to take calculated risks and start investing under proper guidance. So what type of investor are you and what type of investor do you want to be? I'm pretty sure you are the third type because right now you're watching this video so that you can learn to grow your first 10k quickly and safely even as a complete beginner. So here are my few tips for you. Tip number one, only invest in great businesses. Most novice investors out there tend to buy into cheap companies in the hope that the stock price will eventually 10x or even 100x. In fact, during my first few years of investing, I made the exact same mistake as well. Buying into lousy businesses like GoPro, Franchiska and a lot of companies I don't even remember. I only bought them because they look cheap but end up they just keep on burning and burning my portfolio away. However, the moment I realized that I cannot be so cheap-skate anymore and I started to invest in high-quality businesses like Google, Facebook, Amazon, my portfolio started to turn around. This company may look expensive on the surface but actually they are providing so much value to not just you and me but so many people all over the world and that's why they can keep on making more money for the company as well as for you as a shareholder. The more value that they create, the more money you will make months after months, years after years. By the way, if you are new to investing and you have not set up a proper brokerage platform for yourself, do consider using Moomoo because right now you can buy all these companies at no fees for the next 6 months. Moomoo account opening is very easy and generally takes about 3 days to open and you can be rest assured that you won't miss out the opportunities. By the way, all these great companies have appreciated in value tremendously for the past 1 year some even go up to as much as 100% in just 1 year time. Just imagine how much your portfolio is going to grow in the next 6 months just by holding onto these great businesses. Tip number 2, use options to accelerate your return. If not investing is like crawling, buying stock is like walking, then using options is like driving. It can bring you to your dream destination much much much faster. Options have the ability to help you to multiply your wealth in a very very safe and quick manner if you know how to implement the right option strategy under the right guidance. In fact, I have created a video step by step documenting my secret Kulikaeshi option strategy. In Japanese, Kulikaeshi means rinse and repeat. All you need to make sure is to rinse and repeat all my steps and you will be able to accelerate your $5,000 into a million dollar in about 10 years time. If you also want to create your millions in a very safe manner in the next 10 years then make sure you watch my video over here. If you follow my Kulikaeshi strategy, you will have used up about $5,000. Then what to do with the balance 5K since you are going to start investing with $10,000? Now here comes my third tip. Invest with a relatively diversified portfolio. When it comes to portfolio sizing, different investors have different opinions. For complete beginners, my advice is to invest about 10 different companies. You don't want to over diversify into 50 over companies, trust me, because once I make that mistake and I had a hard time trying to catch up all the latest information and on top of that, despite holding an ETA portfolio like this, I was still losing money after one year. But at the same time, you also don't want to over concentrate into just 2 to 3 different companies. Because when you are over concentrated, your portfolio will be very very volatile. A small change in the stock price can also make your portfolio going through like a roller coaster ride. Plus, even good companies can go wrong. That is why my advice is if you are a complete beginner and you do want to sleep in peace at night, then diversify your portfolio into 10 different solid companies. With a balanced $5,000, you can easily invest into great businesses like Google, Facebook, Microsoft or even including Amazon. Before I share with you my tip number 4, if you are wondering exactly how can you learn options to accelerate your return in a very safe manner, then do join me in my upcoming Options Foundation class where I'll be sharing with you 3 powerful option strategies to help you to get started. All you need to do is to register via the description linked below. Now, tip number 4, my question to you will be would you prefer accelerating your million in 5 years time or 10 years time? If you want to achieve your goal faster, then make sure you continue to find your account because you have to remember that your first $10,000 should not be the final $10,000 that you're going to invest. While investing in great businesses, you should continue to increase your income and use that income to continue to fund your account so that you can achieve your million dollar goal much much much faster. And when your portfolio becomes bigger, it's also so much easier for you to buy into even better quality companies on top of that doing option strategy to accelerate your return. So which investing tip do you find that is most useful to you? Do comment down below and let me know why do you find that it's useful for you. Remember to also give this video a thumbs up so that more people in the YouTube community can be aware of how they can invest their first $10,000 in a very safe manner. If you want to be more up to date about my latest investment insights, then do join my exclusive Telegram channel as well via the link below. With that, happy investing and Mata like I. See you next time.


Okay guys, we're starting the fourth 30 session in the panel and you might find it worthwhile to move down a little bit as we're just passing a microphone back and forth amongst the speakers. Most of the people up in the front are speakers but there are some people from our organizer group and this is intended to be just a question and answer period for things that may have come up during the day that you want to follow up on or even think to ask earlier as well as questions that weren't addressed by speakers that you think you'd like to know an answer to and then people will respond as they see fit in the group that we have here. The one thing that I thought worth addressing as a sort of a startup question is essentially the question of adoption strategy or rather how are you as an individual or as a person looking after client sites or working in within an enterprise, how are you going to deal from the point of view of how is Gutenberg introduced to the people you work with or that you work for that presumably you're not simply going to have a 50 land on your site and then instantly people will start to use it. It doesn't actually practice work very well that way. So I opened the floor just to start off with in terms of how our speakers think that you should go about deciding how to address Gutenberg. Jump in, wait a period, have a process of gradual introduction, training and so on. So just if you want to do a 10 second intro, that's a good idea. Wordpress is the web operating system. Now at that time there were about 24, 25 percent. They're now at 31 percent of all websites, or all 10 million websites, stuff like that. So is this Gutenberg going to accelerate things? The interesting thing is a square space and Wix are growing at 100 percent rate whereas Wordpress is now currently growing at about 10 to 13 percent rate. So there's an interesting point of view, do you start thinking in terms of getting to Wordpress right away? I'm Brian Rosting. If you have questions about internet marketing, blogging, entrepreneurship and the internet, definitely send them away. Okay. Welcome to the glorious USB-C future everyone. You're not learning your local bylaws, you're learning an international set of rules. The difference in the country is one, it's still tough. Hello, my name is Anthony Grishel. I work at the VP engine and I have the privilege of working on open source for a little bit, for the majority of my time. And I was recently the release lead for 5.0 representing media. So if you have questions about media and 5.0, definitely the person to ask. So the question was how safely do you deploy 5.0? I'm going to quote or tell you what Wordpress VIP are doing. The first thing they have done is put the classic editor control on and turned off group burn by default. That is not bad advice. But then you can turn on selectively for the first time as you do, as you need to, as you come forward, and as you've got, you've tested and make sure it works right. So advice, if anyone wants to come to that. Just one thing. In a lot of the early presentations on the classic editor, they showed examples from the Gutenberg people in which you had a choice. You could either use Gutenberg or the classic editor. It was just a pull down. And yours truly, Elementor and Divi brushed in and added their little things to that. That has disappeared. You no longer have that choice, even though you may be running both Wordpress 5.0 and classic editor. I would like to have both as a choice. I'd like to be able to pull down and decide. At that point, when I'm creating that new file, sorry, a new poster page, I would like to be able to decide at that point from the pull down whether I want to use the classic editor or the Gutenberg editor. There's a plug-in called Ramp. Look that one up. That's the one you want to get in there, because that's the one built by Automatically ID to control the installed control. In my experience, being that I have been working at WPM, we have many, many customers and we've had many different unique scenarios. I've been tasked with generating a rollout client for Gutenberg. Currently, we don't have anything publicly to say as far as what we are going to absolutely do, but at the same time, Wordpress is not out yet. It's not bundled in yet. We're going to bundle them in our release candidate, but it's not the final version. We don't know exactly what it looks like yet. What we've been trying to do is anticipate what is going to happen later on. What we've found is there are three scenarios that users will find themselves after they have to perform an action upgrade to 5.0. One thing I want to say is please update to 5.0. Do not stay on 4.98. There's no reason to stay on 4.98 with the classic editor in existence. We've found three scenarios that they would end up in. One is either they need to shut off Gutenberg and turn on the classic editor. The other scenario is that Gutenberg works, so they can turn it on, and it does work. It doesn't break their site. The third scenario is that maybe they have some plug-in functionality that's keeping Gutenberg from working. Let's just pretend in this fantasy world that it's a WooCommerce extension that's not working. The product post-hype is available, and you can granularly control where Gutenberg is used, as we mentioned earlier, with Gutenberg ramp load. So there's the hybrid approach. There's the all-into-Gutenberg and the don't-use-Gutenberg scenario. Those are the only three rollout plans that I think are available.  So let's just keep that in mind, I guess. That's what I'm saying. Put the ramp plug in, and then you get... And the ramp also has some hidden features in it where you can actually with code define where it's being used. So it doesn't have to be just post-hyped. You can make new categories and things like that. So there's all kinds of ways that are available, and they built it in such a way that you can hook into it. I'm not saying that this would happen, but I wish that Gutenberg, Ramp, and Classic Editor would merge, because having those options is important. When you declare a post-hype in Function, do they add a new code to deploy Gutenberg or not? So when you view the edit screen in Gutenberg Ramp, what it does is a query of all the available post-hypes and gives you a list. When you're declaring a post-hype, can you there have a book? You could have a filter. You could add a filter to do it. Yeah, a filter, but not a deployment. What part of the list should post-hype? Yeah. I don't want to pull the mic for everything. Next question from the floor. Anybody? Anything burning? So basically, this tiny MCE, that's the current editor of the same WordPress today, this tiny MCE, which, by the way, is not a WordPress exclusive. It's an open source project. It's in lots of projects out there. Jim was one of them. Gutenberg is the new editor in WordPress 5.0, but there's other third-party plugin editors that still exist on the Weepo. So there's lots of choices. If you want to stick with tiny MCE, you can use something like Gutenberg Ramp or Ramp or Classic Ramp to still get tiny MCE. Yeah, I'm not interested in developer program and all that stuff. I'm interested in content on my blog. And therefore, when I do a full blog, I'm interested in kind of blog posts. I don't know what the communications are. I don't care about the developer stuff. My end-user point of view, when I'm getting out here and all the people doing all this stuff is, will I be able, in a year's time, or whatever, to simply continue to do that? Yes, and I will tell you that once you get comfortable with Gutenberg, you will not want to go back to tiny MCE. It's definitely. All my new stuff is in Gutenberg. Tiny MCE feels clunky now. So, even though I'm giving you advice to put Ramp on and be cautious, that's because I'm a developer and I want to make sure I'll test before I deploy, because I can't afford to break something. It's moving to Gutenberg and it is the future and it is better. Certainly, in my opinion, it is better than what we had before and it renders better HTML to the front end than what we had before. So it actually ends up better currently generated. So in Tiny MCE, the same editor that is in the classic editor right now, is also inside Gutenberg. There is a block called the classic block that is just there. It behaves the very same way as a classic editor. No image, no media. It is there. Why do you do that in real life? Yeah, I can talk. Sure. So, if you look in the Tiny MCE toolbar inside the classic block, there is an add media button. If you click on that, that opens the old flow of the add media button. So that is still available to you in Gutenberg in WordPress 5.0. So if you want to insert a thing like, let's say, a gallery and you want to respect those filters that come into the gallery, the post gallery filter, or let's say you want to create a playlist, you can create a classic block, click on the add media button, and continue with the flow as you've expected over the years. So in effect, your block becomes the whole content area. The block is just the content area. Just to reiterate on what you were saying is that it's the future and this is what is great for WordPress and everything. And I agree. And I have an interesting perspective because I was really involved in the Jumbo project when we had a faculty compatibility break and we had something called the legacy plugin. The legacy plugin allowed you to run legacy plugins and extensions. You know who used the legacy plugin? The hipster people that were with Jumbo before, the legacy before the new version came out. You know who never used the legacy plugin? The new users. Because why? Why were they using a template or a theme or a plugin that required some legacy stuff and those companies that didn't upgrade, they were kind of back in the wayside. And I mean I work for a plugin company. We're very aware and whatever helps WordPress get more adoption right, we're a fan of it. But I agree. Start with putting for a grant for the classic plugin. You don't have to be including for turned on 100% K to 1. You can be cautious but do take the time to learn. Next question. End user, just to follow up on the end user. I don't know how to download or install WordPress. What can I do to learn and start tinkering with Goomba before I make a file? There is a plugin in the repository called Goomba. Thank you. And that will get there. That's not quite what you're asking. So how do you... Before I go live, how do I tinker with it so I don't touch anything on my live site? I just want to learn that. Create a staging site in your host and you've got a good host. Who's here on the server now? Or plugins? I don't think there's one guy. So with somebody like WP Engine, with one click you can create what's called a staging website. What a staging website is is a copy of your website that you can tinker with that won't affect a live website. That's where you could essentially install Gutenberg and play with it without affecting your live site. What you'll have to do is speak to whoever your host and provider is and see if the staging site is possible. Otherwise, if he could just copy it to another domain. If you do that, just make sure that it is not indexable by Google. Otherwise, you'll run into lots of SEO issues. You can go to the task group at her thought point. How do you plan to... I don't have anyone to test it. You'll be able to publish stuff, I think. They want to be able to have the forward experience. Both of those are experience itself. Anthony pointed out in his lecture today that there's WordPress Release Candidate 2 available. Now WordPress Release Candidate 1 has been out for about a week. Is this out on the same site that Anthony? The next site is... Make.wordpress.food Make.word Press. Saya There's also host don't offer staging facilities. I think of a room that has a table out there. They don't have staging sites but you can have unlimited subdomains so you can just create a site with a subdomain and then throw it out when you're done. So there's three or four different ways to get into Gutenberg from demo sites which just give you an edit session to stitch as soon as you're finished but you can't break anything all the way to a copy of your existing site that you can do with it, do with it what you will and then delete. It just goes to slash Gutenberg. Yeah, that's a demo site. It's actually a Gutenberg editor. Right, that's what we're calling the demo sites. So you can play around with Gutenberg. I don't want to go to that site and play around with Gutenberg. I recall there were three different sites that offered the editing experience as a service and then it's deleted as soon as your session is over. Yes? It's in reference to Elementor and I guess how Gutenberg and Elementor are going to be in the future. Any thoughts on that? Who would like to pick that one up, Jack? I've been doing a series of tests of all the major page builders, the big five I call them. Diddy, Visual Composer, Themify and Elementor promise to be compatible with Gutenberg so that you can run inside Gutenberg, they're literally sections straight out of Elementor or Diddy if you're familiar with that. The problem is that I have not been able to successfully run in the case of Elementor anything other than a first pin of Elementor. After that you can add some more Gutenberg code and then add some more Elementor underneath that. However, two of the page builders do allow that. One is Themify and the other is Visual Composer. Both of those allow you to get in and so forth. Diddy has promised that and I can get some of the stuff to work but not all of the stuff and it starts to glitch out. That's the current status of the page builders within Wordpress and Gutenberg. The interesting thing is that Released Candidate 2 has come out and Gutenberg 4.5. I have found that things that didn't work in my testing just a week ago now do work. I'll be really interested in trying Released Candidate 2 on these page builders and see how they work at that point in time. Can I just add something? Sorry, just to be clear on one of the last questions. Just in case anybody here wants to test Gutenberg on a subdomain, just make sure that your Wordpress installation is set to no index. Because you're doubling up on your whole website and that could cause problems for you with Google and SDL. That's the password protected. Oh yeah, even better, great advice. Password protected and then Google won't get in at all. Back to the Elementor question. There is one plugin for Elementor called Elementor Blogs for Gutenberg. Yeah, that works. You can create sections in Elementor and use them with Gutenberg. It's a battle of both worlds kind of thing. It's very interesting. It works in the free version, very easy to use. Mike, did you have something? I'm not going to add too much, but Boldred also has a build area. I'm not going to get into statistics or whatever compared to that. We now have hundreds of thousands of websites. My thing is we've had blocks before they were pooled. So we have added generated blocks, hundreds of thousands of them. We are pro Gutenberg, we're pro of this. We haven't released our release yet. We hope to do that or can't be US. I'm not sure what we're after. But we understand the future. Just because a plugin might not be ready date one doesn't mean six months later. There's going to be a huge exodus of catch up here. I know this from the Jumo world. I've seen it multiple times from those backwards compatibility breaks. And this isn't even the backwards compatibility break with WordPress. In the next year or year from now, there's going to be a bunch of debt plugins that decided not to upgrade or those that decided to say this is the future of WordPress and really adopt it. So just because your favorite plugin date one might not have it, talk to the developers and know what their plan are. All the major page builders have stated Gutenberg support is coming or is big debt. But you know, it'll be okay. So if your plugin doesn't support it, hassle with the developer. Maybe throw them some bad money. That's why I like premium versions, because then you can yell at them more. We're just going to listen to you more likely. The situation with Beaver Builder is that they've taken a very conservative approach, I think, essentially waiting for the code to be released in 5.0. So they have a convert button that will take a Gutenberg layout and convert it so that you can now work out on Beaver Builder's editor. And then you can have a Beaver layout and convert that to Gutenberg. But you can't go back. So if you switch one way, you can't return back to the original without losing whatever the layout changes have been. One comment that Rabbi McCullough, who's one of the developers for Beaver Builder made, which I think is important, is that using Beaver modules as if or in place of Gutenberg blocks and then the reverse, take a Gutenberg block and use that in a Beaver layout is what they think is around the corner from their point of view. And I think that it's smart for them not to spend time and money developing against this moving target that Gutenberg has been. But by the same token, they don't have anything flashy and cool to show right now. But that's why I say they have a relatively conservative approach. I want to ask a question. Could we just pass the mic down? Because we've been hearing about all of these negative things and all of these like what happens if it breaks and all of these fear things. Let's maybe state that thing that we really like about Gutenberg and what we're looking forward to in the future. From my point of view, one of the interesting things about Gutenberg is that the short-term pain of adopting a new user interface for editing is definitely something that you would like to avoid but is inevitable in order for change in a platform to occur. But one of the tricky parts is that the real payoff, potentially for Gutenberg, is a little down the line. So the short-term payoff is the better editing experience in terms of any user, whether novice or experienced. But the longer-term payoff is just the notion of we're working with components that can be used and organized and programmatically found and displayed in very powerful ways that other content management systems have been developing but they are much more expensive or their enterprise class. And so this movement to a smaller unit of content that can therefore be associated with styles and metadata and so on is incredibly powerful but it will take some time, at least six to 18 months before we see any real-world examples of sophisticated uses of the capabilities beyond just simply sort of editing but rather more application-like pages, for example, because of the capabilities that Gutenberg offers but also the standardization it brings that makes it better to build content, sort of dynamic properties in ways that never have occurred to people with plugins or ACF and so on. So I'm going to take us back to my early years with WordPress development and I had a site that needed columns and I used Divi solely for columns and that was the wrong decision based on needing columns. I shouldn't have just downloaded an entire framework for that one feature but now we have those in Gutenberg and I wonder how many other new users to WordPress are not going to build themselves into one page builder for the rest of their life but maybe explore things that fit their individual needs and the features that they really want. So yeah, that's exciting. What I'm really excited about when it comes to Gutenberg is precisely what we started the day with with my own sharing video is that this will really shift our mindset from just simply content development to content design and I think the term design I think that is a very, very specific I think that with a very specific meaning almost a very sacred meaning. It's about building whatever you have to build out of specific needs and out of specific objectives and therefore what you've got in Gutenberg which is those blocks you would actually have the tools to be able to really create a page or a post that is definitely according to a certain sensibility. So for example, my favorite example is if you're going to be showing for instance directions to a certain location there's going to be a part of us in the audience that would say, oh just give them a list. Okay, this, but what about people who would say I don't really resonate with the list maybe a map is going to be a good idea. So that kind of sensibility to be able to discern for yourself even before you deploy the block that ability for you to decide in advance at a high level what that content block could be with respect to what the goals that you are really targeting for. Okay, pair that up with your user needs etc. Gutenberg has the ability to make that much more explicit in this Gutenberg universe. Great question. So as a designer, mostly as a US designer I tend to focus, I tend to focus mostly on the end problem. How long is it here guys? I wasn't going to say high five, I was going to say yes. So I tend to focus mostly on the end problem. So my whole approach is really agnostic. Workpress is my favorite CMS to use. What I'm asked is easy send a friend to use to the computer by medium, a squirt space, whatever, feeds the budget, the time, whatever. Well my point is I lose some points because I've been free-dodging from Workpress for a long time so I feel like I haven't contributed as much as I should and if you do, all of you will build. So review plugins, to make plugins, we'll do all this stuff. Thank you, thank you so much. So yeah my approach has always been what's the best website I can design and put out there and so my impressions on Gutenberg have not been as intense as the rest I guess. But I've tried it, I like it. I might talk on grade, basically focus on the way the browsers are getting much, much, much stronger and nicer and we design boxes, containers for the web and I sort of love this approach of blocks and the way Gutenberg is treating this is very flexible, very liquid, medium, that's the browser or whatever the future brings but yeah I'm very excited about it. I think, right I'm worried, I'm one of those that uses a million short codes and a few older projects so I'm a little nervous, I reward them. That's not me saying, but yeah. I'm really looking forward. I think this medium is moving so fast that we're here talking about Gutenberg right now, five years, maybe something, but I'm pretty sure it's all for the good. It's been an open source community and such a huge community on the web, right? We'll be all right. I say this cautionally because my excitement about Gutenberg is the same way I was excited to see CSS frameworks when they first started back when I was bootstrapped by Twitter. You know, and you had all these modules that had all their own themes and widgets and their own styles. Oh, we're going to have a CSS framework. It's going to tie it all together so you can focus on code and not have a theme for every different plugin and that didn't really happen. All these plugins have their own style but I'm excited about the depth of short codes. Because it doesn't, it's not good for the end user and in my opinion, short codes are a way to make WordPress not open source anymore. Don't get me wrong, but from a legal perspective, GPL it is. But if users try to migrate that content, I've seen it hundreds and thousands of times of people that have talked to us. Well, I got 50 short codes and two paragraphs of content. I'm excited about what walks can do and helping people focus on their content first and not how to do it. And it's really, really hard for someone to visualize a short code. It just, it really is. We have slight problems. Yeah, exactly. We've done studies with dozens and dozens of hosting companies and we found that 60% of people that install WordPress for the first time cancel within 30 days. That's, you know, we did a study over a dozen hosts or whatever. So a grain of salt. These are first time WordPress users. Because WordPress, out of the box, it has a learning curve. Is it better than other CMSs? Yes. Is it easier at which weekly in Squarespace than the SaaS? No. But there's reasons why they might, users might not want that. So whatever helps bring people into the WordPress fold, I'm excited. And we don't want that silly short code to work around from a developer standpoint. It's just more efficient. So, yeah. I think, if I think back to, you know, the beginnings of WordPress, the slogan was for a long time, democratizing publishing. And so, for me, it still is. I think anything that empowers content creators to be more self-sufficient and to be able to really express themselves on the page with no limitations, I'm excited about that. And I think Gutenberg adds so many tools to people that aren't intimidated by code and who don't know how to make their page look beautiful and who feel like they're falling behind. And now, all of a sudden, we're giving them these tools to help them bring their vision to the web. And I think that's beautiful. I think that's building on what the importance of WordPress was for a long time. And, you know, as a content creator, I'm also very excited about the time-saving capabilities of Gutenberg. I work with a team of content creators, and if we can build things that we can reuse, that's just going to help us a lot. A lot of developers say, you know, I reuse code all the time and I want to reuse words all the time, too, if I can build them into Gutenberg like that. So, I'm excited about that. So, for me, the big thing that's going to happen is that it's better than what we had before. A lot better. So, what you see in the editor is going to match what goes out of the front end phenomenally more closely. And I'm also pleased that we're actually properly getting better HTML rendering. The rendered code is better than what we've had before. So, I would like that you guys brought up short codes and also touched on the other builders, Wix, Squarespace. I actually got into a discussion with sorry, what was your name again? Ray Tepras? Miguel. I got into a discussion with Miguel right beforehand about comparing Wix, Squarespace, builders against WordPress. We actually are very fortunate with WordPress to have far more customization, far more performance, far more at our fingertips with WordPress. But like you said, out of the box there's this gap and Gutenberg does a really great job of closing that gap and that's just going to help everyone because more adoption and more we'll have in terms of options and features and investments. The one thing for me, I talked about it in my session was reusable locks. From an SEO perspective, from a marketing perspective, what I was talking about was I can spend less time on implementation and more time on strategy because when I use a reusable lock, I can push out changes across the website with one click and that's great. The more time you're spending on strategy and less time trying to make code changes, that's fantastic. So I think for me, the same principles of good software as I'm a developer, I'm not a developer person, but the same principle of good software, which is modularity and it's also applied to Gutenberg and if you can repeat whatever lock you have and in an easy way, you have the same thing, reusability, that's the other one. It's the same for Gutenberg for content, right? If you cannot apply the same thing in Gutenberg, brings that. Another one is that there is a very cool API inside Gutenberg that people can discuss in a lot, but it's inside Yoast, for example, if you try Yoast with Gutenberg there is an API called Annotations API that analyzes your content as you implement. And that's amazing. Having this in the old way, in the classic area, there would be impossible. For example, when you're writing your content, Yoast plugin will give you instant feedback. You don't even have to publish anything. You're going to see how those sentences are performing and stuff like that. All the nice stuff there can't understand. I will have the feedback right in front of me and Vishnu. That's great. People who are used to doing something in one particular way tend to resist change. Everybody hates change. A few years ago, Facebook changed their layout and how they deliver content. Everybody went crazy. But over time people adapt to it. I think that's what's going to happen. You have to get over this hump. You might be afraid of it. A couple of conferences like this people in the community will help you out. And I promise you on my two master's degrees in behavioral psychology eventually you'll be okay. You'll come through it. Probably less time than you thought. This is a WordPress conference. So I'm going to take a contrary point of view and say that Gutenberg is being oversold while page-builders are being undersold. An example is Weisywick which Paul just promised will be coming. It's here. It's now. And all five of the top-end page-builders do it and do it very well. Likewise, in terms of templating it's coming but it's there now within all of the five top-end page-builders. That means, for example I can capture a complete page and transmit it to another site and then make the changes to it that I want. And I can do that in Divi I can do that in Elementor I can do that in Drive Architects I can do it in all the major top-end builders. That's coming. It's coming but it's not here now. What's here now and what's being undersold is the capability of the various page-builders that are open to you in the marketplace. So take it with a grain of salt. Yes, this is a WordPress conference but no, there's some good stuff out there right now that will help you do the design, development and strategy of work that you want on your website and it's very, very good. Will it survive time? We'll see. Great. Next question. Yes, actually both of you guys put it behind the same time. Fill them back. So for web agencies working on private accounts of course it costs what's the logic for the reason to use Gutenberg as opposed to other page-builders like the gentleman mentioned Elementor which have much more elements and results for us. The reason to use Gutenberg is it's going to be the de facto standard. You've not got lock-in and if you do decide you want to move to a page-builder I'm fairly certain there will be an import process. Another thing too there and I'm not against page-builders I think they're really great but one thing you do have to keep in mind is that the page-builder you want to use for all of your clients going forward for I guess until you have to rebuild the content. The other thing to consider there is that WordPress is open source and it will always be open source and it will always be maintained by a community of people who are not financially I guess well I guess we're financially making money but it will be maintained by people who are trying to do better for the entire community. When you bet on a page-builder you have to then research the page-builder and know that they won't pull the rug from under you one day too because there is that I'm not saying any page-builders are doing this but if they were to premium their free model that's a scary thing as a content creator because then you now have to update all of your pages or bottom and I feel the glare so I do want to give you a microphone just to clarify all of the page-builders are open source sure we needed to find open source it's GPL, General Public License so from a legal perspective all the ones in the repo are GPLs I'm going to clarify my statement no, no, no, no you're absolutely right when I said do the research and do the research to make sure that it is open source and that they do not have closed source from you you want to make sure that's the case and in the current world we have right now that is the case I think the thing I was cautioning is if in the future they decide to change that and I guess they would have to go through a long process yes trust me, I do which is why we don't use word codes in ours but you know what I think is being undersold and this is going to make me in trouble is I think the core gets undersold in WordPress way more often CMSs look at the plugin repo they look at the app store of all these things I can add in and then you just add stuff because it's like you're a kid in a candy store the core does a lot more than people get to credit for but I always say look at the core first and then supplement it so it's a big advantage that Gutenberg's core rather than that that's the extension there are 1,000 people who work on Gutenberg they need a page builder who's got 1,000 tabs well I can name one Elementor they've got 25 plugins and I bet you that they have staffs equivalent to what's available to WordPress so there's obviously a discussion around different opinions right so from my perspective last week I was actually speaking at a different conference and it was with quite a few small businesses and they asked me it was an incubator with our small businesses and I was like I'm as good for SEO which builder would you recommend why and absolutely if you were in my session I showed you where I switched from a builder off to we use the justice framework quality code I mean that with the websites that we built there we're getting some websites loading in under a second out of these builders plus code quality is also consideration we've actually had better SEO performance using our custom code so for us that's a consideration so these businesses that I was meeting with they found the same so my answer to them wasn't well builders are awful you need to switch builders are fantastic it's the right solution at the right time for certain businesses to measure the problem and you say okay look our SEO position right now is X and we want to move up one position because that's a 150% increase on average well let's measure the problem okay it seems to be an on page SEO factor is this worthwhile do we have other web design changes that need to come in place yes okay the timing of this would line up let's make the investment and line up our ducks to get that additional advantage so measure the problem find the right solution and for many small businesses that's a builder that gets you a long way that saves you thousands of dollars heck even if it's Wix it takes you a long way now I would say go with WordPress but there are some businesses that can't even afford whatever you're going to spend at the bottom end so build it yourself that's okay it's the right solution at the right time do you want to put me briefly Jack as we I just want to take again the contrary point of view and tell you what is good about Gutenberg and here's when I'm going to go with Gutenberg on a client's site as soon as they get multi column rows to work properly I just saw Anthony do it and he's pretty damn close I use cadence and there's two really good plugins one's called cadence a block plugin and the other one is called caxon and they support multi column rows but in all three cases the Gutenberg original multi column rows cadence and caxon they all crap out at some point in time there's bugs and clutches I encourage you to try that rc2 you're going to find those bugs are a lot of them are fixed columns are actually much better now that's exactly why it shows column that's my thing I'm excited about I get that good experience and it's gotten much better we've got time for one last short question please nothing to do with page builders you're on the last few months I've been trying to contribute back to core and doing that through the Gutenberg plugin and github and now that that's merging into 5.0 as someone who's new there's almost like a disconnect like should I be checking github for issues should I be learning tracks where should I be spending my time so I've got the answer to that we are going to continue the development of Gutenberg in github and what's happening is they're actually pushing those out as amp packages and then core is building based on those packages so that's how we'll do it continuing forward so if you want to contribute today use the plugin as your basis to build and use github as your main source of Gutenberg related issues track is also going to keep as it is but you'll see a majority of Gutenberg based things in github and of course the slack channels and slack channels is another good place to look too so I encourage you to join in the weekly depth chats just to hang out are you on right now? if any of you want to join you can go to make.workpress.org and I think you just search for slack and it'll give you the first result as how you can get an invite to the slack channel and you can join the weekly depth chats at 2100 UTC every Wednesday so yeah look I'm just going to say we can capture this this entire conversation is please give Gutenberg a fair shot please give it a fair shot on a on a less risky location please I would never ever put Gutenberg on my US portfolio it's just too much risk but I put it on a place where I could safely test and really see for myself what it can do for me give it a fair shot and then whatever you find in your own please let the community know please let all of us know so that we can connect and learn from it and maybe we can problem solve for it and the way you can let us know is through github you just click on the new issue button and it pre-populates a little form you can fill out just one last sort of positive thing I have a whole bunch of production live sites with simple blogging simple sites running Gutenberg plugin no problem for old sites I totally get it's a problem we're battling perception right now too there are a lot of one-star reviews that happen in April so and a lot of one-star reviews that were based on one-star reviews that were read in April so it's like it's a well cut there okay last one Paul just a comment I just wanted to do that I want to award him for that if you all want to find out your content right at the post type and you've got to mix Gutenberg and non-Gutenberg site you need to be aware that content non-Gutenberg content does not have paragraph markers paragraph html in the code in the database so you have to pass it through autoit the Gutenberg content does have paragraph markers in it so if you pass it through autoit you'll get double paragraphs so you need to there is a it's Gutenberg it's Gutenberg function for a post type and you may need to dynamically test your content your post before it goes out because you could have in one post type content that is Gutenberg and is not Gutenberg it depends whether that particular page she's been updated so there is a little catcher that you will as developers if you're doing serious stuff you might need to know no so if you go and look in the database for Gutenberg there will be no paragraph markers just be line breaks and then there's a function there's a function called autoit in wordpress and the filter, the content filter uses that function and what it does is wherever there's a line space it will wrap that line with a paragraph marker with an HTML element paragraph you get a p-blog that's what the behavior is now but they made a design decision for portability and to reduce the amount of passing they have to do on outbound content for content to now include the paragraph marker for all HTML in the database so I got caught out a few months back because I wrote some layout because I was double wrapping some content because I loaded Gutenberg edited content and I passed it out for the function or autoit and it wrapped it yeah so you just loaded warning for the devs in any word so what you're saying is in the database now it's kind of whizzy way great so that does it for this particular panel the session and we'll move I guess imminently to our closing remarks in this room so if you wish to stay for that please do it'll be in this room and I thank all of the people that participated in the panel because I'm sure you value their comments so let's give them a round of applause