Alright guys, welcome back to the channel. In today's video in the TMJ show in the DocTalk series we are talking all about how to make the happiest version of your life and your medical journey. So that includes how to be more productive, how to have more time for you, and also how to do things for extra curriculars that way you can have the future career you ultimately want. And there's definitely gonna be a lot of gray gold nuggets, so go ahead, stay tuned, let's get into it. Alright guys, welcome to the TMJ show. Today we have Chelsea with us. Chelsea, how are you doing? Good, how are you? I'm doing well thanks for asking, so how can we help you? So I've been watching your YouTube channel for about maybe two years now. I'm a huge fan. I really appreciate the work that you do. And so essentially I'm just really looking for tips on how to be, I guess, more efficient. So my first question would be, how do I best manage studying enough to do well? Doing extra curriculars for career development and just basically enjoying my life? Sure, so tell us a little bit of background of where you are on your medical journey first. So I'm studying in London, so my course is a bit different to the American course, but I'm in my second year out of six years. So this is my last preclinical year before I hit the war next year. So I hope that gives a bit of context. Sure.  When does your day start? When did it end? Well, now during COVID it kind of starts like around maybe six, six-thirty. I get up, I like, you know, have breakfast, get ready for the day, just chill for a bit. And then I start my lectures at nine. So I have lectures from nine to four-thirty-ish, sometimes five. After that I would have dinner, maybe chill a bit with my flatmates, and then I would study in the evening for about maybe two hours, two and a half hours. Yeah, and then go to bed nine ten-ish. Sounds good. And what are those specific times again that you're studying? So I try to start studying at like seven, and I end around nine, nine-thirty. Okay, in the evenings. Anything in the mornings? I used to, but I just, I figured out that I don't like studying in the morning, so I just don't do it then. Okay, totally.  So your question is how to be efficient and still enjoy your life and then prepare yourself for a future in medicine. Is that like a good summarization? Yeah. Yeah. So the first part that you mentioned that the most important to you is like, is having this time to do what you want, right? So what are those components in your life that matter? If you had free time, what would you be doing with that? Um, I play the flute. Cool. I play volleyball. I like growers skating, and family is really important to me. So just spending time with my family. Perfect. So the first step in having this grand plan for the next four plus years of your life, including when you're actually a doctor is scheduling those components first, right? So you know, you don't like to study in the morning, you have your study times already scheduled before you get into like, how do I be more efficient? How do I have the extracurriculars? Like you want to be able to focus on those. And so you pick how much of that you want to include. But for me, I have to have a part of me that's scheduled daily, right?  So those two are scheduled into my day before for me currently as residency, but even when medical school is a part of it. So just to give you an example, you would look at your week schedule, and you would schedule the volleyball days that you would play the day to do a roller skating the days you would hang out with your your loved ones, and have that part of your schedule ideally daily, even if it's 2030 minutes, that means that part of you that includes enjoying your life is always done that parts checked, right? You don't have to be like, oh, I'm doing this, this and this, and I'm busy. And, you know, I hope that now I can include time for my loved ones. It's opposite. Include those first, you'll be happy more fulfilled. If anything, you'll be more efficient for the studying and extracurriculars, right? So that's how I do it. I work backwards, look at my calendar, schedule those things in first. Do you know what kind of medicine you want to go into when we're talking about extracurriculars? Not exactly. I'm sort of looking at surgeries and maybe cardiothoracic. And I also quite like geriatrics, not sure. Cool. So are you doing any types of extracurricular? Yeah, I needed a cop there. I was saying, are you doing any type of extracurriculars at the moment? Yes, I'm part of the medical education society at my university. And I just I coordinate events for first and second years. So lectures, assembling questions, like SBAs and stuff like that. So I'm doing that. And I'm involved in teaching medicine, basically, to the first years. I'm also involved in a quality improvement project at one of the hospitals that is attached to my uni. And that's specifically within geriatrics. So we're looking at how to reduce inpatient falls. So there's that. But other than that, not much.  And so the part that I'm glad that you mentioned is that you have an interest in one of those being geriatrics. And then one of your extracurricular lines with that. And so one thing that you'll be able to do, and this answers your ultimate question of how to be more efficient is once you include you into your schedule first, that that is a recipe of how you keep yourself happy. And two, you ask yourself what type of things are you doing right now that correlate with your future interest so that you know, quality improvement project is perfect, because you continue it and then you realize whether you like Jerry or not, or maybe in the future, you learn that this is like not for you. That's perfect to. And so just like we scheduled in time for your volleyball, your level ones, you schedule in times for those quality improvement projects to the beauty of all of this is that it helps you do the ultimate thing that you want, which is how to be more efficient overall as a person as a medical student, because now you have less time to study. Okay. And while that may seem anxiety provoking initially, what it forces you to do is saying, Okay, now instead of having four hours to study your two hours to study, I have an hour and a half. So what do I need to take out for that 30 minutes that I already kind of in the back of my head? No, doesn't really work. And how can I get to the parts of my studying that worth the best? Alright, and a good test of this is imagine if the test surprisingly tomorrow instead of next month, what would you do differently? Right. And that's a good question to ask yourself, because it forces you to say, Okay, I wouldn't do this, I wouldn't do this, I wouldn't do this, I would just immediately go into these steps that I know work, whether that goes practice questions for some people, flash cards for other people, you know, writing it on a board for others, like that whole method is different from person to person. So you find what that is for you. But this whole strategy of including yourself first, making those extra curriculars also a part of your day to day, or your week to week, just to help your future interest grow. It also forces you to be more efficient and you're studying without adding more hours or falling asleep later waking up earlier. So that's my ultimate answer of how to become more efficient. Make sure you're happy. Make sure the parts of your career growth that are also important to your happiness and your future happiness are part of it. You don't have to get crazy, you don't have to do a quality improvement project or work on it every single day, right? But even, even if you're just working on it once a week, and it's scheduled, you're like, Okay, I'm making moves for my future career. And the final thing is like, Okay, I have less time doing the things that was before studying for my classes. Then you get really very honed in on what doesn't work. And you take that out, and then you start to create this new system that's a little bit more perfect for you. And then the following week, you're like, Well, this still doesn't work as well. So I'm going to keep adjusting and you become more and more efficient with the same amount of time. That's really useful. I particularly liked what you said about like keeping myself happy first. I really haven't been doing that. Some of my exams are in like a month, like five weeks now. And all I've been thinking of is basically, oh, I really should be studying when I'm trying to do the things that you know, I like to do. I'm just, I'm just not very good at striking that balance. It's either I do too much, I just burn myself out, or I'm doing too little. And at the end of like, say two weeks, I realize I haven't done anything for the last two weeks, I really need to like start studying. And that starts, you know, panicking anxiety, and you just start to feel like, what am I going to do now? Yeah, I mean, you you just painted the scenario of every single medical student in the world, is that that no one knows the perfect balance. But honestly, if you treat medical school like your job, at the moment, no one's paying you, right? And most people in other words, parts in the world, you're paying them.  For some people, it's three hours a day. For some people, it's 10 hours a day. If you set it as a job, your goal during the hours is to get the most amount of knowledge in and retain. Like that's ultimately what you're supposed to do. Then if you have an hour to work out an hour to spend time with your family, like when I come home, medicine is like done, right? Then I get to focus on those things. But it's much more natural for me because you know, I go to work and that's it. But that's how medical school should be to you set your work hours, and then you get you set your new hours as well. And then the anxiety of that improves over time. So people struggle with this balance because they see 24 hours, seven days a week that are available to medical school. But the problem is, and you're going to know this really quickly is that when you start to go into the wards and the rotations, your time is even more limited. When you come home, you're going to now be even more trained and the desire to study is not going to be there.  And so you have to figure out what your work hours are going to be, where your you hours are going to be, where the happiness time is going to be. So that way, this just feels like a natural job. But the beauty is that your job right now is just to learn as best as you can. And the tests are your evaluation, sure. But I always think about this like two to three years in advance. So I would whatever I'm doing now doesn't seem to be as I don't blow it up in my head. But you know, you're going to have a patient in six years, you're going to take care of Chelsea that is possibly going to rely on the information that you're learning now. So it's much easier to learn this naturally. You say, how can I keep this in the back of my head in case somebody needs this in the future? Then it just becomes a fun game of every day you're adding to that pool that stays in your brain to possibly help somebody four to five, six years from now. But it's still work hours. It's like, these are the times that I work. This is the time that said for me. So I shouldn't feel guilty during this time because it's for me. And if I don't do this now, it becomes harder to create that system when you're on your rotations, because for you to like work on efficiency and productivity, when really all you want to do is come home and sleep is the recipe for a disaster. Because if you're already having, you know, two plus years where you haven't been able to focus on yourself when you're feeling that burns out feeling, which is very natural. And it's going to be much harder to do later in the line where unfortunately, you're only busier. When you go into the latter parts of your medical training, you're only going to get busier. When you're an actual physician, you only get busier. So create the good habits now, which are focusing on yourself, treating your education like a job. And so creating whatever those hours are for you. And finding during those hours, what are the best uses of your time in case you are stressed or limited on time. So that way you can use those most effectively. It's kind of that's the combined recipe to make this successful. And each part of it gets better over time.  I guess hopefully you guys are enjoying this conversation that we're having with Chelsea on how to use her UK education to become a little bit of a combination of a more happy, having those extracurriculars that fit with her future careers and also using her time as efficiently as possible. If you guys are enjoying this, just take a quick second on YouTube to go ahead and hit that smash button down below. If you're listening to this on a podcast, go ahead and just take a second to either follow or subscribe based on the podcast platform you're listening to. But let's get back to that. How would you sort of deal with a situation where you do set your work hours? So say I'm a medical student from nine to five.  What if after work hours, I realize I haven't done as much work because I would have liked to and therefore I'm spending my like personal time, my free time just thinking about that. Like how, how would you deal with that? I think there's a combination, right? So there is a bit of anxiety because the part that you're focused on is how much information that there's left to learn, right? Like you're, you're saying the exam come up in a week or two and you're worried that whatever information that's going to show up, you're not ready for it. That's where the fear comes from. There is amount of knowledge that you need to be prepared for, but you feel like you haven't used the past time to do it and you feel like your current time could suddenly improve your grade. Right. So there, there is a part of your brain naturally overblowing things because we live on anxiety where anxiety driven creatures where that is the form of it's supposed to be a natural, healthy form of stress that makes us do things, especially when the due date is tomorrow. But for medical students, the due date, there's no clear due date except the exam. And so it's nice to have a reminder that there is information that you have left to be learned. But there is a little bit of a natural practice saying I can't learn everything, but I just have to have a system that makes me feel more confident over time that I am getting better at learning everything. So what I mean by that is let's say you're walking into an exam and let's just say you have an exam every month which is very kind of common practice for most medical students every two weeks to every month is kind of like the typical schedule. The way I usually recommend it especially to a lot of the students that I coach is that you know have a list over time of either information that you know is going to show up on the exam. So as you go through your lectures, like start creating a list of all the topics that would show up for lecture one, lecture two, lecture three.  Now you have a very overwhelming list at the very start of all the information that could show up. But now when you study from that nine to five, look at that list and saying I feel more comfortable with A, B, C, this one I don't feel as comfortable with. That's okay. It's an identification of what's going to be weak and what's really strong. As you get closer and closer to test day, you start focusing on the information you haven't covered as well as information that is very weak on your list. And so I usually tell a lot of my coaching students to grade their topics. So like if you had a hundred topics, I would grade each topic from a scale of one to five. Five being super difficult, one being very easy. And obviously the things that have no grade next to it are things that you haven't got a chance to review. So every time you come to your review, you're like, I'm going to do 30 minutes of new topics that I haven't done. I'm going to do 30 minutes of old topics that are really difficult. And as you get closer and closer to test day, that list becomes smaller in terms of things you haven't seen for the second time. And it also becomes smaller for things that are very difficult because ideally you've seen them a few times. So the answer to your question of like how do you one out of your when it's like five to nine, how do you not focus on everything from your nine to five is during your nine to five focus on this list and the only focus is tomorrow this list needs to be smaller than it was yesterday. And then you keep doing it day by day. And then you're five to nine in the evening. You want to ask yourself like is this time really going to affect that list dramatically? All right. Or is my or is it going to affect my happiness more and usually the answer it affects your happiness more when you start the day with school and you injure day with school and you go to bed and it feels like you're repeating the process. But if instead you have you know you don't need to have four hours to yourself. But if you have dinner and then you have a workout or if you watch a movie or you go out with friends like that's a part of enjoying yourself as a 20 year old. If you can have segments of those not even every single day every other day a few days a week but you schedule them first. Then you can say this time is responsible for me being focused during the nine to five. Otherwise I'm always be burnt out. Always be tired and always be anxious. So there's a little bit of practice of over time of being okay with not knowing everything. There's also this practice of knowing what you need to know. So over time that list becomes smaller. You can go confident into test day knowing that you're as prepared as you could be without sacrificing your happiness. That's the two parts of that. How early on should you be looking to tailor your portfolio for a particular specialty? Because I know I'm only in my second year. For some reason I just feel like oh if I don't start now it's going to be too late and I just want to keep my options open which I'm sure you can understand. And this goes this is like the common theme that we're talking about here is like how do we let anxiety get out of the way and make sure we just do things that feel natural. So you already have two interests that you mentioned but maybe another interest pops up or one of those two interests fall down. So you mentioned cardiac thoracic surgery and geriatrics. So your goal right now being into your second year is saying if four years down the line when I'm applying for a job or going into residency or if you know some people choose to go to the states to do their further practice. I just want to have enough of a growing experience portfolio that paint me in this future specialty. So if you're thinking of a future in geriatrics the first step would be one are you interested in geriatrics. So just like you're doing you're doing a quality improvement project now as that starts to be a little bit more free of your time. Maybe the project is wrapping up the project is done or there's like a low period where you're just waiting for other people to do stuff in the project before you take over again. Then those are great opportunities to say maybe I can use the same time to you know shadow the physician that I'm working with on this project in the clinic or find other geriatricians in my area that I could see what clinic is life is like. That way you know it's just another more of exposure of check yes or no whether the specialty is for me. That's kind of what the initial phase is and you know you can do the same thing with cardiothoracic without the pressure of I need to do X amount over the next few months. It just needs to be an exposure phase initially. As you get closer into your rotations your wards and whatnot same exposure kind of practice exists without the pressure of feeling like you need to do a certain amount. Now the whole idea is building your portfolio that we could tell a story six years from now to somebody and saying this is really what I want to do and here how I shown proof that this is what I'm interested in. Let's say you chase the cardiothoracic part down. Maybe you find somebody who's letting you join in a surgery relatively soon and then maybe you join in on a research project several months from now and then you do your surgery rotation and you realize that you just love surgery in general. It's not necessarily cardiothoracic but you love surgery in general. There's a story that you're building over time of this person who is specifically interested in one component and then realize this is amazing and then you can broaden out. So to answer your question like how soon should you start pursuing career paths it's as early as you think you have an interest in it but just to explore the interest because the goal is over time you have the pathway that you have that is designed around your interest that is built upon prior interest. So you have clearly some experiences or stories or interests that I pointed to towards cardiothoracics and then ideally you can continue to add more experiences that either affirm those or take those away because then in the future if you just say I like geriatrics and I thought I like cardiothoracic surgery but I really just like cardiology and I like geriatrics but it's really because I like clinic life and I liked internal medicine then I want to choose a field of just cardiology. You see how both of those combine into a future who somebody picks a field that's perfect for them but it's not designed around this pressure if I need to do A, B and C just to explore both of those fields very naturally and move to the next step. If you're shadowing somebody and it seems amazing ask how you can work in a research project with them. The research project is not an interest find what other things you would be doing to explore that either shadow more work with those people on quality improvement projects if you do that's what you enjoy but don't feel pressured to do the research the community service and the shadowing just to fill your portfolio just to build your story because you'll probably be surprised six years from now that person who thought this would be interesting and I absolutely hate that and that happened to me the fields that I thought I was going into didn't end up being my field like I thought I was going to be a pediatrician I worked with autistic kids for a year pulling into it and then I realized that working with kids is great but one they don't communicate as well because obviously like they're super young and two you have to deal with parents which I was not a fan of but I realized I enjoyed the medicine interacting with patients so that's why I'm an internal medicine now but that story changes right so the more experiences you have despite what you choose at the very end of it you'll have a story of saying this is like here's my story I thought I was going to do A, B and C I did these projects because to tell me if I liked them or not and I did like this and I didn't like this so that's why I'm here and so somebody doesn't have to see a huge portfolio they just see a very natural progression to point them to the ultimate career you choose so each experience you choose should just be affirming your interest and then identifying a little bit better of what you want to do and ideally whoever employer you choose whatever residency you choose in the future or depending on like where somebody somebody else is listening to this and have the same questions they can say like here's a very natural understanding that this person had these interests and this is ultimately where I'd let them and I can see why they want to do this at the very like very end of it does that make sense yeah now that makes complete sense and it's totally reasonable now that I think about it so if I were you know the person that is to look at applications for say for a surgical specialty rotation it's like I I can't expect anyone to have done everything since the time they started medical school to essentially land them in this place it's a bit extreme I think and yeah I guess I just have to try to take a bit of the pressure off of myself to feel like I have to be doing everything in alignment with his specialty in order to be considered but life isn't like that it is I mean this is you have the beauty of you have the beauty of both time and the most important thing you want is like you know I'll just say there's two surgical specialty rotations that you're going for and one of them does want somebody who is like completely dedicated from day one to the surgical specialty and even if that means that that person sacrifices their happiness or evenings or weekends that's who they want but that ultimately just based on what you told me is not the specialty rotation that you want to go into because then you're going to be in a rotation that forces you to sacrifice your weekends and your days and your loved ones the volleyball and the roller skating so you can still and end up in a rotation in a specialty that fits perfectly for you but if the that future rotation is demanding that of you and it doesn't correlate with the ultimate things you want now as well as in five years and it may not be the best match and that's perfect to learn right yeah yeah I guess that would sort of be like indicative of the person that they want and if if yeah like you said if you haven't been that kind of person or that sort of lifestyle has an appeal to you and you probably don't want to go into that specialty so yeah yeah thank you very much um for your answers all right guys before we get back to the episode I want to talk about the sponsor of this episode which is our med school domination bundle that we have for you here at the MD journey it's essentially a bundle of books and courses with the blueprints and step by step advice that I use to help me succeed in medical school and really become a combination of both happy effective and still being able to have the ultimate career that I wanted if you guys are interested in checking out the books and courses that are included in the bundle that'll be linked for you down below but most importantly you'll also be able to find the feedback and testimonials from past students that includes medical students pre-meds nursing students physician assistants all to help you succeed on your medical journey but do it with last rest I'll put a link down below but let's get back to the episode I just wanted to ask what was like your sort of defining moments in medical school where you realized that you actually don't have to do as much as you think you should be doing like how did you actually find that balance and how did you sort of you know move on from being sort of the anxious student I it's a bit of a growth exercise but I think the more you start hearing other people whether it be your family your loved ones your significant other or complete strangers saying are you even in medical school like how do you balance that there is a part of you that doesn't look like a medical student they don't look like that stress example that everyone seems to be hold true then you mean that and you realize that you're on the right side you're on the right path because I freaking enjoyed medical school I enjoyed the people that I was with I enjoyed what I was learning I enjoyed the the thing I would be able to do one day which I'm doing now which is take care of people so over time I realized that I am still enjoying this I'm still doing well all right I didn't want to use less hours just so I could spend more time just goofing off I use less hours and made them efficient as possible and again that's an excessive exercise over time but if my loved ones didn't think that I was in medical school just because I was so relaxed and I had free time to do things like the MD journey that just meant that I had that nice balance right so people can look at you and say you don't look stress you look happier you look like you're really enjoying life you feel like you have things figured out and everyone wants to figure things out for what that means is that they just want to see an example of other people who are doing what they want to do with with the time that they have so if for me that meant that I already had a workout in my classmates like how in the world are you able to fit in fitness that seems silly question right if you think in retrospect that can you fit 30 minutes into your life like to work on your personal health but it feels like a natural sacrifice that we have to do when we're in medicine so if you ask yourself like what is the optimal life that I would want to live with this busy you know hellacious schedule that there is as a medical student we're have like this many hours this many slides this many years of sacrifice and ask yourself like what do I now want to sacrifice that's why I said happiness is number one then those components are a part of your life everyone sees that you're still fit you're still hanging out with your loved ones you know you're still hanging out with your family you're still doing and exploring new hobbies working on projects like this and they just like how does you just have it figured out but I didn't it was just a progress kind of thing you know I would work on the empty journey and realize that oh man I've like I should have spent less hours here and more hours studying but then it was less and over time or I would spend less time with my loved ones and I wanted and more time on a test and I realized that whatever grade I got those last extra three hours didn't impact the final grade so then I could spend more time with my loved ones and it's just a lesson like here is my optimal picture of what my life would look like and here are the things that I will not sacrifice and as you start seeing people compliment you or you start to realize that this is this has been great I've enjoyed this week because I've gotten to hang out with these people and work out and watch movies and whatever you know those are 30-minute sacrifices but they're not sacrifices they're investments in a future happy form of you that is more motivation and more encouragement to continue to remain that balanced because you just continue to walk with a little bit of a life doesn't stress me out as much because life is the way I've designed it and there will be stressful parts but I know how to tackle those and I also know things aren't as big of a deal you know I didn't want to become the best med student on my institution that's not the goal because my goal is just to use the time that I had to become the best medical student I could be during that time so bottom answer is just using the time you have effectively to create the life that you want without stressing yourself out because everyone does that and no one wants to be that version so we might as well not do that and use small things over time to become that unstressed version that doesn't mean that you won't be stressed okay as everyone that's on instagram even myself on youtube that point this picture that you'll be this happiest medical student every single day is not true but if it is true more often than not then that's all that matters powerful words well thank you so much well as Chelsea it's a pleasure having you thanks for asking all those great questions and we'll link all of your social media stuff down below so no everyone can show you their love but also just keep us updated on how things are going so you know how to reach me so just let me know how things are going but thanks for joining us and hopefully you have a great day thanks for having me of course see you later all right guys hopefully you guys enjoy this banger of an episode that we had which I'll see a lot of great questions that are really just got me going in terms of giving advice that I really wanted to or have given throughout the channel but all in one place we talked about productivity we talked about how to study better and we also talked about this important concept of how to truly make yourself feel like you haven't figured out in medical school how to have this life where medical school is scheduled into your life instead of your life into medical school hopefully you guys enjoy this episode if you did just take a quick second hit that thumbs up down below really takes a second for us to go ahead and make these episodes to edit them for you so all you do is just take a second just hit that like button down below truly helps me out also tells me you want more content like this keep it going and if you guys haven't done so already go ahead and hit that subscribe button down below on YouTube to get two videos just like this and also go ahead and follow me on Instagram at the MD journey to get little short bits of advice just like this on IGTV given to you every few days and as always I have to thank my guests and Chelsea was a great guest asking some amazing questions during this episode really got me going also show her some love down below in the comments ask any questions that you guys have for me or for her down below and I'll be happy to answer them but that being said guys as always thank you for joining me on my journey hopefully I've been a little help to you on yours now if you enjoyed this video then check out this video on a full walkthrough of how you can use Anki to study like a pro this really helps me out in medical school hopefully helps you out but thank you guys as always for watching and I'll see you guys in the next one peace my friends


Good day, fellow investors. Now, what we constantly mention on this channel is India, India, India, India, India. Yesterday's video about Ray Dalio showing that India will be the fastest growing economy in the next decade and potentially further than that. So, I want to be exposed to India. I want to expose my portfolio to India. How to do that? Well, that's not that easy. It's not that you can just go on your broker's page and look at all the Indian companies traded on the two stock exchanges in India. So, we have to find ways how to invest and be very careful with what we do, not to overpay something, not to investing companies that are Indian, but not related to India. So, today we'll analyze how to invest in India and how to approach those investments. Let's start with an analysis of Indian companies traded on the New York Stock Exchange. Then we'll look at an Indian ETF and then we'll look at some indirect ways to invest in India, some other exposures. Just a note, my favorite investment in India is, of course, Amira Nature Foods. So, if you haven't, please watch the video about Amira. Let's go to the list. Indian stock, American depository receipts, Indian companies that trade on the New York Stock Exchange and NASDAQ. We have 14 companies will quickly go through them to see what they offer and what kind of risk rewards are there. Azure Power Global Company Limited is a solar plant company in India. They invest in solar plants, not profitable, yet see some positive EBITDA huge growth and then depends a lot of relation with the government, but it's a very interesting Indian investment. High risk has all solar companies, so it does not really depend so much on India. It has its specific risks, but very interesting. We'll probably make a video on it to see where this leads us. Then the second company, Dr. Reddy's Laboratories. It's an Indian company, but not really exposed to India. 80% of revenues come from global generic drug sales. So another example of a company that's Indian, but not really exposed to the Indian growth that we can expect or just in a small way. Companies that are exposed to India are banks. HDFC Bank, ICICI Bank are Indian banks growing and as the middle class is expected to quintuple in the next 15 years, a look at Indian banks is a must to see how good those investments are. We'll make a video about that too, so be sure to subscribe. Not even 50% of the population in India has access to finances. That will change in the future. So very important to note. Now other companies in India are Infosys, Vipro and WNS Holdings. Those companies are companies in the outsourcing business selling Indian working power around the world and their revenues, as you can see here from Vipro, is mostly generated abroad. So if there is a recession in Europe, in the Americas, these companies will suffer. And I don't know how fast can they replicate what they are doing onto India. So not really Indian exposures. SIFI is a small Indian company, market cap just 141 in the telecom developing business. So if you want, you can check that. Now there are also travel companies, digital travel companies, which are very interesting, very risky, but very huge potential if they manage to deliver on their goals. Those two companies are MakeMyTripLimited and Yatra. Indian internet penetration is still very low compared to China and compared to the US, but growing extremely fast. With the middle class development again, what will explode is travel. Middle class people travel around the world, around India. So really expected to grow very, very fast. However, with these digital companies, you never know which one will explode, which one will get traction and which one will become dominant. Perhaps it will be like China where all of them do good, especially the bigger one, perhaps not. So high potential and you can lose everything. But the reward is asymmetric. So again companies to really keep an eye on it and I will dig into them in the future. So again subscribe to get those videos in your feet. A company that's not exposed that much to India or was before they acquired Jaguar and Land Rover Motor Company. It's Tata Motors. So again, it becomes a global player in the automotive industry, not that benefiting from Indian growth. Second company, Vedanta Limited, Tink Miner, Oil Driller. So again, depending on what goes on with the prices in oil and Tink. Videocon is a very interesting company, digitalizing India's television exposed to India and you have to see how that digital trend of television evolves in India. The company is growing so it's a potential good investment. Interesting. We'll check it out as always. So there are companies that are Indian, not exposed. Then there are companies that are Indian and exposed to India, but each one has its specific risks. So you have to really see what's the price, what's the potential and what you can lose and then make an investment. Compare it to your portfolio, assess everything and then make an investment. It's not just throw my money into India. Now the second option, which is also always good to look, is an ETF. What does an ETF offer? So let's look at the iShares MSCI India ETF. Top holding bank, second holding energy, then Infosys. We already said that Infosys is not exposed so much to India. So again, if you buy this ETF, you're not that exposed to India. You're exposed to a little bit of everything. Tata Motors is here and so. So again, be careful with what you... So again, when you invest in an ETF, really watch what you buy and if is that actually what you want to buy. ETF is called India, but a lot of exposure is not from India. If we take a look at the second holding of the ETF, reliance industries, that's mostly an oil refinery depending on oil prices and just partly with their telecoms on India. So again, it's a lila investment. Now, the third option to invest in India is to invest indirectly. We know India is booming. We know there will be infrastructure building. We know there will be housing. We know there will be everything that goes along with the country of 1.4 billion people going to 1.7, developing and exploding. The same as what happened in China in the last 25 years. We have seen in yesterday's video radio analysis that the best factors for economic growth are in India. So there is really a low-risk high-reward potential when doing that. What will India do? They will start to need a lot of commodities. The same as China to build everything, copper, steel, tink, whatever you need to build a country, build its infrastructure, roads, housing and so on. So that's one option. Just a small demand in, I don't know, increasing copper demand, shoots the price higher and stop prices of copper miners. So that's one way. Check my video on a copper miner and have some resources, which is my favorite copper miner out there. The second way to be exposed indirectly is to buy global brands that have significant exposure to India, which will benefit from growth in the Indian economy. Just a look at the top 10 brands, global brands operating in India and recognized in India is Microsoft, IBM, Nestle, PNG, Coca-Cola, Pepsi, City, Sony, HP and Apple. And the third option is always to invest directly on the Indian stock market, but you have to be careful there because a lot of companies have very high price earnings ratio. So it's a hot market thanks to the growth. Of course, it's logical. Everybody expects boom. But as it has been the case in China, there are booms and there are busts. The last bust in China was 2015. So be careful with that. The price earnings ratio of the Nifty 50 is almost 26, price to books value very high, 3.51 dividend yield is low. So if in the very long-term investments will be good, but in the short term there can be anything. So this was a quick overview on how to invest in India to tell you that you have to be careful. Follow this channel in order to get more details into how to invest. We'll analyze the companies, we'll see which one is the best, how to get exposure with low risk and high reward. If you like the content, click like, leave your comments below, share your thoughts. Interesting Indian investments that I missed. Please share those. Risks also share those. If I'm saying something stupid, let me know. I'm here to learn with you. Thank you for watching and I'll see you in the next video.


Tealo wasp We are on twitch. We are not live, but you can leave a like comment subscribe Turn on your post notification bells, man. Let's continue to grow the family from Chicago to the UK. This is Where you could catch any of the highlights? From the live if you miss it We also got the patreon We just started fresh meat with full show we full episodes in we just voted on Sherlock And then we got two more slots about to open up. So it's like a fresh rotation almost in there And we got the discord the links to all of these things will be down in the description of every single video of every time Let's get into this though, man. I just did one of these two days ago, but you know what? Filling it again on a Friday Let's get into it Stop high-speed pursuits are a risky business Because when a bad guy's on the hook He'll do whatever it takes to get away Drivers of cars that fell stop for the police don't care about anything Other than themselves near side and offside is on rims. It's contacting members of the public the velocity the car the speeds They go out there are innocent members of the public were not expecting them to come through junctions without looking They just present a risk to Everybody and and themselves all just to get away from the police. They show no regard for anybody at all It's mid-morning It's a black Seven miles northwest of Nottingham Interceptor Katie Eustace is awaiting Intel on a one never It's our first time meeting Katie At least we drive away at a license. That's one of briefing, isn't it? A disqualified driver with previous for violent offenses has reportedly been spotted nearby Driver Advanced driver and Harry Potter fan Katie has been working her magic on the county's roads for more than a decade How old is she about 11 years she been on the first force and then a job before this was a sales admin So the big we've had information said the vehicle has been used by a disqualified driver She'd better buckle up because the morning's just getting going Hang on I look like this It looked like she didn't a kick out of driving this way She's better face look she might not live like we're going on Katie buckle up because the morning's just getting going Yes, it's going to stop Two miles away Katie's colleagues have just got behind the suspect driver He's increasing seven six miles per hour, and he's doing whatever he can to get away The black box all he's using to dice with death is in fact a higher car But he clearly hasn't read the fine print of the rental agreement This man is never gonna be able to rent a car again ever He got and this man is in the rental high-speed chasing The box or maybe nippy But its driver is playing with fire Risky run through a housing estate means one of two things And if it's not a decamp It's a dangerous attempt to wriggle free Back on the main bro almost got his front-end tour office is a jail That a jail or factory back on the main road the suspect shows a total disregard for other drivers I As he runs a major red it's almost 70 He manages to lose the pursuing tops That's what I was gonna ask like at what point is y'all gonna just back up because he's driving crazy broad daylight Lot of traffic a lot of pedestrians But what he doesn't know is that barely a mile up ahead Katie's riding to the rescue. I think we'll come across him better. He's short How tall is Katie Katie is right up on that stand will actually and she's ready to intercept I think any moment now Now the cops giving chase have caught up with him, too At north of 70 a blind overtake nearly brings this pursuit to a disastrous end After putting countless lives at risk It looks like this lads finally run out of ideas He's on his way back into town I go lie he just hit the smoothest U-turn Which means he's now heading straight for Katie I am hook nor bypass now. It's like there Katie is ready. I ain't she is overly joyous about As the reckless runaway hurdles towards a roundabout He's got no idea Katie is lying Okay, he took him out. I hope Katie okay cuz that steering wheel was definitely Definitely in her chest She couldn't wait to do that. I promise you she the seat probably wet that she in In a northwestern suburb of Nottingham They talk call that tactical contact A runaway rental car has been taking cops on a wild and dangerous ride There's cops in the vehicle But lurking at a roundabout up ahead is interceptor Katie Eustace Here we go And she's ready to pounce As the box all goes the wrong way around the roundabout Katie decides enough is enough Katie didn't care about the camera crew or nothing The pursuit is over But at what cost For someone who's just led cops on a white knuckle ride round town the lad seems remarkably calm And he's completely unharmed which is more than could be said for Katie young dude, too Yeah, I think I've just got caught it as the air bags gone off Even so she's had a lucky escape As he's gone to come out there. I've gone this side of the roundabout to try and get him Get behind him, but he's come head on with me I didn't want him to go head on the roundabout going wrong side round this round about it's a main arterial route And that's dangerous. So it's made contact with the side of my police vehicle Causing they are a fair amount of damage unfortunately. I think both of y'all made contact with each other You definitely wouldn't stop This is a shame, but we've got him detained.  I mean that could have ended a lot worse than it did so First question with the air bags going off as well Okay, Katie I don't know about you.  Hold on. I need some water.  And he's not carrying any drugs or weapons either Interceptor Lee who led the pursuit is left scratching his head At the roadside and but he's up the game here and potentially looking at prison time for the way he was driving I've been jailed 20 years now and you see some amazing things, but even now it just it just baffles me as to why people Don't just pull over and are willing to put themselves at risk. You know, they've got families at the end of the day I'm sure they want to go home to see so I just don't understand why people You know go that far to get away from us because we'll always get you another day I'm talking about bro had absolutely no reason to run some people just want to be a criminal so bad The lad who decided to try his luck and go head on with the police Pleaded guilty to dangerous driving driving whilst disqualified and driving without insurance or a license. Oh Is that why he ran then? Driving no insurance no license while disqualified. That's probably why he ran but still like See eight months behind bars was banned from driving for four years eight months in a four-year ban is Not worth what he did On the front line There's a specialist unit of fearless crime fighters With a unique set of skills A deafening bark 42 teeth And a nose that smells trouble a mile off Quantum is my general purpose dog. So He's quite a variety of skills at the end of the day. My dog will protect me and nothing will stop him protecting me He's just amazing. It's an amazing dog. I've got to work on my own, but I feel confident I've got him in the back of the car And he's always gonna be there on my shoulder. He's not my best friend. Yeah, what's postcode, please? It's the early hours of Thursday morning Dog handler Jen Els is blue-lighting it to a 999 incident The 999 caller is an off-duty policeman who's had a close encounter with a suspected car thief I'm only Letting the bang them out what that what that mean Jen's no-nonsense style of policing is fueled by two things salt and vinegar crisps and mashed potatoes Could I get the 10-piece chicken McNuggets wait salt and vinegar chips and mashed potatoes just like a carb overload What quantum be eaten? That's the better question be worried about quantum out here and tonight. She's keeping him peeled for a man in black Right jacket wrong man Turns out it's the off-duty cop who died Yeah And what see what sort of statuette is he's about six foot medium build. Yeah, he's got hood up Yeah, the top.  Yeah The suspect has vanished into the woods so Jen falls in line behind the off-duty cop Like chill, bro Geez, this man is running faster than the car to me quite quickly because he matches a description, don't he? Jen's pedigree chum tonight is five-year-old German Shepherd quantum. No, no Wait, he's one of the good guys Steady Dogs like quantum have noses 10,000 times as sensitive as ours They can pick up on nasty whiffs from more than a mile away I'm not convinced.  You hear him Another suspect apparently core with his pants down Watch the dog Quantum's turn the blokes legs to jelly but finally he makes it out of the ditch and into the arms of district cops I Sounds like this fella's all mouth and no trousers It's a good score for quantum But the man is claiming to be homeless and denies trying to nick cars As cops begin to frisk him Quantum spots something Told you And they discover a syringe in his pocket No, that's obvious. He's obviously a nitty Even though there's no sign of any drugs he's still off to the nick Here you go that yes got them for future for future adventures I'm in awe of what he's capable of because he was it was absolutely soaking He's took me across that water up that hill Got along that path and then he's literally head down gone And then as soon as we got there I knew someone was in there somewhere because his body language just changed he was digging in hard telling me someone was there It's just a matter of finding them Today of all days means quantum's gift of a prisoner is extra special for Jane. It's my birthday today. So that was a Excellent present. What you doing at work on your birthday? Oh my god, don't tell me you know life in it, Jen I don't believe that.  I'm proud of him my best mate Wingman at your son. He was poor Although the attempted car breaking was caught on CCTV The pictures did not show a clear enough image of the perpetrator for any charges to be brought As a result no further action was taken against the suspect All that for London For an interceptor getting a lung full from a dodgy driver Okay deep breath and the machine for me is all part of the daily grind. Thank you Every week 30 people are either killed or seriously injured due to drink driving Yes, thanks to drink as well. Yeah, as any cop will tell you even one small drink just isn't worth the risk Okay, so you've you've found that test It's all man's field for 31 a.m. Stay break and interceptors Jim Carrington and Ian Coleman are coming to the end of their shift In 98 we're in man's field. We're gonna have a look as well. They've gone into the quarry from the top end and the king stand They have just received an SOS from a district unit that's tracking a BMW 140 through the center of man's field Just coming through a town base away sort of 30 seconds away from you After a brief blue light run through the empty streets, they spot their colleague We'll spin on you And the flashy motor it's tailing Don't want to get high speed or they're gonna stop having pulled a U.E The lads fall in behind the beamer and await further info from the cops at the rear and each of you got Preemptive tactics for this vehicle. I think this one has just failed to stop for the cops in Mansford I was allegedly made off from them and it's the car that's behind us So we're trying to find out now exactly what it's done There's a growing demand for me. I just realized the Narrated person. He's saying a lot a lot today. I never heard him say that this much Family man Jim's favorite thing about the force is the camaraderie Nailing bad guys is just an added bonus Local cops sands made off from them This high-spec motors got some serious legs sands is just an added Do we meet all of these cops or is this everybody that's in the lineup? Everybody that's in the season or do we meet everybody? Under here today Because this is the smell guy. He can smell. This is big E, right? We just met her she's crazy girl This is quantum the dog owner Never met some of these people with bonus Lucy Local cops sands made off from them This high-spec motors got some serious legs And the drivers not shy of testing its bling power It might not have been a fair to stop down there I think it's seen a mark car and just put his foot down, but now it's calmed down a bit We are left left on to Peacock Street Yeah, I can see yeah, I think we're gonna be into a dead end for a natural stop stand by It doesn't look like he's going for a de-camp, but the lads can't be too careful He's just at the back of Papa John's now to find out what the score is We're about to just come from from the casino Right, okay Some of my colleagues, so he's driving a bit fast up at the quarry very ill. Yeah, Barry. I was trying to get on that Right Seventy six years. Yes. Okey-doke. Have you got some idea on you? Turns out the lads licensed and fully insured to drive the swanky motor But he's still acting shifty and Jim reckons. He knows why you've got a drink at all tonight The lad claims he's had a couple of drinks nearly two hours ago if he's telling the truth It could be his lucky day. It's sound pretty like poised You should be on the limit. I can't smell much booze on you if any at all So I'm not expecting you to be over the limit massively We do this at football at Brethren Mansfield, you see, don't say no. Oh, do you? See how today's like at Brethren Mansfield, that's all. Well first team? Yeah. Do you? We do these in The driver says he's familiar with the breathalyzer as he uses them every day in training as a professional footballer for Mansfield town Keep going. Keep going. Keep going. Keep going. Keep going. Keep going. Keep going keep going keep going keep going keep going keep going Keep going mate. That's it. I can't imagine you'll be over the limit. They they're thinking about it mind you Our survey says 51 me Yeah, 50 was not good 51 means you're over the drink driver Surely no. Surely yes. I've got two bottle of lemonade. What's the limit? The limit is anything over 35 will arrest you for at the police station. If you blow anything over 40, that can mean you end up in court. That is only a screening device. You know what's crazy? Bro look like he pulling into his house. This is where they get you at. I swear, bro, it's on the outskirts. Like he was opening the gate to getting his career. It's not necessarily accurate, but it's a fail. It does give us the ability to arrest you, I'm afraid. This midfielders scored a major own goal. Yeah, I'll sort that. Right, hang on. We'll see at the nick. I think the world's just fallen out of his backside blessing. He's thinking he's going to lose his position at the club in the morning, he's decided to get on the wheel of his motor when he's been drinking, so we'll take him in and sort him, go from there. He'll probably blow under 40 at the precinct, and then get sent home. You got his keys? I have got his keys. Nice motor, but I don't think I'll be buying one of them. Why? I couldn't get in it, and it was even worse being trying to get out of it. Back at Mansfield, Nick. Come on in mate, we'll get you sorted. Roy of the Ravers is still claiming he's only had a couple. It might have been just because you're a fit lad, so it's effectively spiked a bit more, but only you and I would have had to drink mate, it seems quite... That's true, when you're more in shape, it affects you more. If you're just fat and gluttonous, it's just going to dissipate within the fat. A height of me for two vodka and lemonade, I've been wrong before. But one thing that's never wrong is the intoxiciser. That's what it's called! One thing that's never... Who named it that? Y'all playing Inspector Gadget games out here. Intoxiciser. Wrong is the intoxiciser. Keep blowing, keep blowing, keep blowing, keep blowing, keep blowing, keep blowing, keep blowing. Spot on mate. Just take it slow. I honestly wasn't even told to him that I was a professional footballer. 49 and 49, so take a seat mate, that's not what you wanted to see. The boozy ball player will be locked up until he's sobered up, and Jim and Ian can reflect on a good result. As soon as he said I've been down to Casino, his eyes are a bit pink and glazed, I'm sure he's been enjoying himself. He wasn't rolling around junk though, he was quite lucid and chatting to us. Alcohol affects everybody differently, and there is no safe limit. People think they can have so much to drink and still get in the car and they'll be fine. I think we've proved that's not the case tonight. The beamer driver pleaded guilty to drip driving. He was fined £576, and was banned from driving for 12 months. Oh yeah, he got to take a Uber to practice, that's tough. Coming up. Nottinghamshire police have the UK's only dedicated knife crime team outside of London. Running there, I love test scores. Since forming in 2017, knife crime has fallen by 18%, and a recent amnesty took almost 400 blades off the streets. A Katana blade. Flawless, victory. Ken Tinley and Joe Riley from the team know that on the street drugs and weapons often go hand in hand. And today they're targeting an area plagued by both. It's one of the inner suburbs of Nottingham, and it does have an issue with drug dealing. I don't think the people that go out of their day-to-day business probably appreciate fully what's going on, perhaps in these houses or in the most. You know what's crazy? Today I'm supposed to drop three videos. But guess what video got blocked? Benador Season 6 Episode 1. And I'm talking, it got blocked and it got denied. So I can't post it on here at all, but I posted it to Patreon. So if I can't do no more Benador, it's over. There are two vehicles that are travelling around it, but there is an issue. There is an interest from individuals that would be on our radar for carrying weapons and those things that lead to people to want to carry and use weapons. So yeah, it's definitely one of the areas where we're going to get more results than not. After seven years on the force, Ken's learned a thing or two about being in the right place at the right time. OK, so this is Ken. So maybe they do go across everybody on the bottom, but I just never paid attention. We're one behind you anyway, Gov. And now there's a gulf with a marker for drugs just around the corner. There it is. Colleagues in a marked unit. There it is, Gaglar. Have already got behind it. Pulled straight over. And in a flash, it's game over. All right, Chaps. Just turn the engine off for me, buddy. While Joe gets stuck into a Q&A with the driver. Is it your vehicle? Yeah. Come back and see what's your name, buddy. Ken's getting to grips with one of the passengers. Anything on you it shouldn't have. Anything on you that's going to hurt me or you? OK. Oh, our PC Tinley from St Tan's All Right You got any weed on your stay? No. The passenger insists he's clean. But now Joe's had a good rummage through the driver's pockets. OK. Let me get in the hide. There's a little spliff of something. Is that even cannabis? What is it? It's cannabis in it. I don't see anything. Sure. It's smelly if you want. It's a tiny amount of weed. There's not much there, is there? Nothing. Joe reckons there must be more. And soon he cops a feel of something much bigger. So what is it in there? Nothing. What is it? I've just heard it when you've done it. You can search me. I will be searching you, mate. I've got nothing. You'll be coming back for a strip search now, won't you? I've got nothing on me, man. I've just heard about your rush order. I've got nothing. Come and take a seat, mate. Strip search. What do you just feel? First of all, boss, the narrator. I don't know what he on. Joe reckons the driver's got something stuffed down his pants. Take a seat, buddy. Are you going to be honest with me? What's in there? Obviously, I'm not going to allow a few draws on. Yeah? Or is it just weed? Yeah, just a few. Yeah, in terms of cannabis. Right, OK. So he's got something concealed down his trousers. Just asking what it is. He reckons it's a couple of draws of cannabis. So he's going to come back. We'll get that out and take it from there. See what we've got. So don't put your hands down your trousers. Are you all right? Meanwhile, Ken and the passenger... Just in this car down here, mate. ...are off to a separate motor for a quiet chat. Obviously, I've searched you and I've had a good look as best I can. But it's still possible that there are things down your pants. I'm not saying they are. You know what? I'm not going to do that. I've done this last time as well, mate. What's happening? What are you doing there, mate? Can't do that.   They've done this last time with me on the roadside. I'm not doing this with you. So come and sit in that car, all right? They've done it last time with me on the roadside. Yeah, yeah, yeah. That's fine. The passenger's practically falling over himself to prove his innocence. Trying to get nude out here, like, too. Can I just pull my trousers? Well, you pulled them down, didn't you? Yeah, I knew it. I was just like, I ain't got nothing to hide.  Right, I know, I know. I'm not saying you have. Ken's satisfied the passengers got no drugs on him. But some other items arousing suspicion have been found in the car. In this case, we've got a motor vehicle. And I can see there's half a dozen burner-style mobile phones in the car, which is kind of consistent with the sorts of communication tools for drug dealing. So to have a little bit of cannabis down your pants, it's fine, that may well be what's going on here, but there's other elements that are quite visible. So... Yeah, if I'm going to pull up to his crib, it ain't no. I knew it. Fine, we'll take him at face value that he might have some cannabis and he's willing to give us that from his parents. But before, you know, there might be something a bit more down there. While the two passengers are free to go, Ken and Joe escort the driver back to the nick for a strip search. Have you been strip searched before? Yeah. And the suspicious bulge is soon revealed. So the end result of this one is a small quantity of cannabis. Not single amounts, but sufficient that we would consider this to be a possession-only case. Whether there was any more, prior to... Oh, man, what a waste of time. Stopping him, we're never really going to know. The case against the driver arrested for possession of cannabis was discontinued. And the passengers faced... No, that's even bigger. No action. What a waste of time. That's two waste of times. They may be the newest team on the force, but like all interceptors, they still rely on three of the most traditional weapons in a copper's toolbox. Their eyes, their ears, and a good old-fashioned nose for something fishy. Explore exciting career opportunities. I wasn't expecting them to say nose. Ken and Joe are heading back out on patrol. Snit, snittin'. This is a bit quick. That's N-B-I-T-O. A shifty-looking Astra has caught Joe's eye. Sure it's not holding. Don't worry. It's come back as uninsured, so the boy's spin on it. So, for me, we just had one go past us on Kramner quite fast, no six-voxel Astra, no insurance on it, we just spin in to see if we can catch it up. When you lose sight of a motor, you sometimes have to make difficult decisions. It's a gamble. It's a gamble. In this instance, left or right? Can't see anything up there, mate. Ken's gambled it all on left. Joe's not convinced. We're right. But a flash of silver up ahead might change his mind. I'm not guaranteed to be the same one, but I don't know what you're doing, pulling to the opposite side. Eyes right, fellas. Yeah. Tuck it on it. Your vehicle? My mate's, yeah. Step out, buddy. As well as the driver, there's three lively-looking passengers. So Ken's on crowd control. Stay there, stay in the car. Stay in the car. Take a seat in there, mate. So you say it's your mate's car? Yeah, yeah, yeah. Sure, what's his name? Now he's had a closer look, Ken thinks he recognises one of the lads. Oh, you know me, man. I know you. And the stench coming from the car is also familiar. Stinks are weird. We'll do a 23. We'll just wait for them to get here. Ken and Joe are outnumbered two-to-one, so keep the lads contained until backup arrives. So it concerns me that you've actually got a balaclava in the car, aren't you? Well, we've got a bal- You know we have Riley, tell him. You just try to keep warm. You want his cheekbones warm. Where's the bal- balaclava? Tell him. With a second unit now on the scene, the lads are finally released from the confines of the smoky motor. Oh, mate. Do you stay in the doorway, then? Have you got anything you shouldn't have? Move with that camera, bro. The passengers insist they've got nothing on them, but after the afternoon he's had, Ken knows all the best hiding places. Boy, yo, that's a bit close for my liking, you know. Hey, stop. Tell me, didn't you? Yo, listen, that's a bit close for my liking, boy. It's all right. I'm just checking. You're not going to put anything down your pants. Yo, don't look, yeah? It's fine. What do you do after? Turn around for me, mate. The lads clean, but when they pulled up, Joe reckons he clocks some shifty shenanigans going on in the Astra. Drive a spun round. We'll potentially give something to this lad. Or underneath this seat, something like that. Okay, hawk eye. And I pulled up. It doesn't take them long to locate the mystery item. So who did that, then? Well, it won't find near me anyway, so he can't do me for them. Why? So there's some weed under the driver's seat. Someone needs to account for this weed, or we're going to have to treat you all as suspects, okay? But I'm not saying anyone should account for it. What I'm asking is for people to think carefully as to where this cannabis has come from that's under the driver's seat. Okay, that's fine. We'll leave it there for now, then. While the lads figure out whose weed it is, Ken's figuring out who the thief is. I don't know. I don't know. I don't know. But it is. Ken's figuring out who the familiar face is. I've immediately recognised at least one person from the car that I know is linked to some sort of street gang O.C.G. and there's an immediate smell of cannabis coming from the car. Wait, what was that?  So the key was to get sufficient units here so that we could deal with all four of them because there was four people in the car and then conduct a search under the Misuse of Drugs Act. Dude, where's that even lost? The charmer in the back has finally admitted the drugs are his so Joe runs some checks on his ID. No picture. The lads clean. But checks on his mate, the driver, are more fruitful. And there's no insurance. So we're going to take the vehicle and you'll need to be interviewed about the alleged defences from the Road Traffic Act. Really, passenger behind the driver is saying that's his drugs so he needs to be spoken to about that as well. Ken suspects it may be a pool car a motor with no paperwork that gets used by different people until the cops catch up with it. I would put money on this vehicle ending up in a small little box with a cube shape in the next two weeks or so because I can't see anyone's going to come and collect it. The driver pleaded guilty to driving without a license. Or insurance. He was disqualified for 18 months and given a 20-week suspended sentence. The passenger was arrested for possession of a Class B drug and given a police caution. No one came to collect the car so it was scrapped. Talking to the camera. Police interceptors. How are you doing me like this?  Ron knew the show and everything. He was policing us. Show my face. You get me. It's a bright and sunny Thursday and interceptors Phil Broughton and Paul Matthews are soaking up the race on the 38. Phil's got eyes on a silver motor up ahead. Although it's so banged up, it's hard to tell the make or model. This silver shed is in fact a 15-year-old Peugeot and it's coming back as registered in. Negative. We'll have a chat anyway. Time to find out what she's got to say for herself. Just read your stop check. What's your name? What's your name? OK, if you've got your driving license to hand, I'll have all the people. OK. It seems unlikely that this is Caitlyn. You got any idea on you? No. Is it your vehicle? Yes. How long had it? A month ago. A month? Yeah. It may be a recent purchase but it's hardly what you'd call a new set of wheels. Do you have a driving license? Yeah. What sort of license? Romanian one. Romanian? Where is it? It's in my country. Why haven't you brought it with you? Haven't brought it with me. Right. Veteran interceptor and award winning cop Phil once got attacked by a ferret whilst on duty. But today he reckons someone else's pants are on fire.  Whilst eating. Fear was probably intimidated. If you lie to me. Wait, what's the fear? Do you understand lie? Yeah. Then it bumps the offence up to something more serious, OK? So are you genuinely telling me that you have a license and you have insurance? It's green. Insurance is green, so... It doesn't matter if it's green. Are you insured to drive it? From topside tyres slick. All right. I didn't know about insurance. If it's green, I can drive. Right. An insurance green card allows motorists to drive abroad under their home policy. I don't know how to check it. I don't know how to check it. So, although it's green on the MIB doesn't mean that you can drive it because you need your own policy of insurance or you need to be a name driver. Have a puff of insurance in your name. I don't know how to check it. Phil runs some checks on the bloke's ID and surprise surprise turns out it's not his first time. You've been dealt with for no insurance before, haven't you? So, you know how it works. I didn't just pay in 50 pounds for someone, they opened it for me. Right. Phil smells blood, so goes in for the kill. You say you've got a Romanian licence, but he's back in Romania. How long have you been in the UK? A long time. So what's your driving licence doing in Romania? Because what are you driving under? Because you should have it with you. At this point, my boy, you're just going to be quiet. I wouldn't have your hang on seeing that. That's why I believe you haven't got one. He's got the driver cornered and it looks like the man's story isn't the only thing that's falling apart at the seams. Front tyre's slick. Got no tread on it at all. So minimum tread depth should be 1.6 mil as you can see on that. It's smooth. You can barely, you can just about see the tread. This section here is completely smooth out there is the cord, which is what it's effectively made up of underneath. So a tyre... You should be replacing it when it gets down to 3 mil because it's been shown that anything below 3 mil is ineffective dispersing water. But the legal limit is 1.6. So as you can see, it's illegal. So you'll get a prohibition for this. So the vehicle won't be allowed to drive any further until that's fixed. The tyres are smoother than a Barry White record. Yeah. Yeah, it's zero there. But Paul spotted some rough edges. We've got some sharp edges. So the idea is if the general rule of thumb, if you're walking down a vehicle with your hand down, if you catch anything, it's roughly where a small child's head or body could be. Is it possibly going to cause a laceration? Then that'll be classed as dangerous parts so that you can prohibit for that as well. So there's been a rear impact on the vehicle. It's cracked the bumper and it's exposing the sharp edge. In its current state, the car is dangerous and needs to be taken off the road immediately. How did you pay for it? I didn't know they were mechanics. This is always going to shock me seeing them pull over somebody and do a car inspection. Yes. How much? 100 pound. 400. But this bang is not heading for the junkyard just yet. This is just a roadside inspection so I can't check everything and I'm not a mechanic at the end of the day.  So I'll send it for an MOT. You'll have to get that tyre changed. It'll be dealt with for that by Phil. So hopefully it won't pose a danger to anyone. So what's going to happen today is I'm going to give you some paperwork. You're going to end up going to court for the offensive driving, otherwise in the courts with a license, and potentially drive in with a tyre below the legal limit. The motor's heading straight to the lock-up. If, by some miracle, it passes its MOT and the man can provide a license and proof of insurance, he can get it back. On that, I just need a signature from you. Just there for me. I've got some paperwork for you too. Thank you. Everything's explained on the back, if you forget, but the main bit is we've got that paperwork coming through the post. You read it. Thank you. Don't drive again. I'm not going to drive it. It's estimated that as many as one in every 40 drivers on our roads don't actually hold a proper license. If Phil's instincts are correct, this bloke could be facing a thousand pound fine. My strong belief is there is no Romanian license. He's just using that as an excuse. So potentially we've got somebody on the road that's never had any lessons, never passed a driving test, driving around unsupervised. So what do you do? Well, coming from Romania, man, I've got some Romanian friends and I... OK. So we've got a driver that's got no license, he's got no insurance, and he's got a vehicle that's not in the best state and pretty much it's a danger on the road. So it's one of our main priorities is to get it off the road and get that danger away and get him before the courts to get a disqualification in place again. The man pleaded guilty to driving without a license and no insurance. For this and the bald tire, he was fined a total of 283 pounds and got six points for his license. It's not known whether his new motor ever did as its MOT. Till I leave a like comment, I'm gone. We always enjoy police interceptors, man. Shout out to the first responders who hit that like button.


QuickBooks desktop 2023 bank reconciliation month number two checks and account decreases. Let's do it within two weeks. QuickBooks desktop 2023. Here we are in QuickBooks desktop. Get great guitars practice file. We started up in a prior presentation going through the setup process. We do every time maximize the homepage to the gray area going to the view drop down. We got the hide icon bar open windows list checked off open windows open on the left reports drop down company and financial. Let's open up that P and L doing the change in range in just for the two months of<PHONE_NUMBER>823. And we might want to put it on there for the months instead of the totals so we can see it on a month by month basis as well as the total. Let's go to the reports and fonts and numbers changing the font on up to 14 as has been our custom. Okay, let's go then to the reports drop down again company and financial this time the balance sheet that's right the balance sheet. I know what you were expecting something different but no this is going from 010123 to 022823. Once again let's change it from total to a month by month break out and then font in to the numbering to changing to 14 and oh yes K. There's the setup process we do every time although a little bit different little bit of an adjustment just to keep stuff spicy and new here. We're working on the bank reconciliation for month number two which should be similar to months going forward from there once the beginning balance ties out. Here is our amount on the balance sheet our book balance in essence. Let's open up the bank reconciliation by going to the banking reconcile and we've got our ending date. We've got the balance from the bank statement here this being our ending balance and that's it. Let's go to continue last time we checked off all of our deposits. So now we have the 61 to 41 85 beginning balance checking off and the 51 98120 which is checking off as the cleared items. Now we're hoping to get to this number after we go to the decreases which should get us to and must get us to if we get to that number to a clear balance of that that matches the bank statement. 101 590 05 remembering that the clear balance does not represent what will be on the book balance just represents those items that we clicked off checked off to have this difference down to zero. The book balance is this at this point it's the 95779 we might change it to some items that are on the bank statement but that are not on our books but we won't change it to match what's on the bank statement. If there are outstanding items which there will be like outstanding checks and deposits those will be the items unchecked which will be used as the reconciliation items matching or tying out the bank balance and the book balance OK. So we're on the decreases now at this point in time here is our bank statement we're going to be going from the bank statement to the books remembering that when we're looking at decreases if we have checks that were actually physically written checks. We got the check number to help us out which is nice and the amount the date will not be as useful in that event because it could take a long time for checks in essence to clear if however they were electronic transfers. Then we would have the amount and we would have the date the date being more relevant in that case because the electronic transfer should happen faster and we might also have the memos that could be useful to help us to figure stuff out as well. If we have checks then we could go to the online banking and look at the look at the check as well and get some more detail in that way if we need to too. And also note that especially if you're dealing with checks if it's in your bank statement by date cleared then it might be in a different order than when we entered into the system because again the checks might not clear in the same order as they were written. Alright so we're looking for the three five seven two seventy so let's do that we're going to go back on over three five seven two seventy. Notice that this check was written in January and we're clearing it in December so that's kind of what we I mean I'm sorry we're clearing it in February and we would expect that to basically be the case if I was look at the prior bank reconciliation report. And I was going to go down to those unclear items these are the items that had not yet cleared we would expect them to clear in February generally so that's what we would expect to be happening and in this case of course that is what's going on thus far so this one I'm going to check it off. Let's go ahead and say highlight and check it off and notice it cleared on two two and we wrote it on one thirty one alright next one is four ten and that's on one zero one zero is the check number so one zero one zero four ten that also one that we wrote in January clearing in February. That's good so we're going to say check it off and then we've got the one thirteen one eight five six so one thirteen one thirteen is the one eight five six forty that's the payroll check it looks like so that looks good done and done. And then we've got the two hundred on two six let's do two at a time two hundred and one thirty so two hundred and one thirty boom bam those are done I did two things at one time did you see that look at me look at me I did two things at once. And then this one's on ten sixteen one three five eight seven three so we've got the one three five eight seven three ten sixteen so let's check that one off we've got the one eighty ten eighteen so we've got the one eighty that looks good notice we skipped one that's could quite possibly happen so that's okay we're going to say boom we've got the ten twenty one four sixty eight ten twenty one. Four sixty eight looks good going back on over and saying that one is good and then we've got the ten fifty six forty I'm not always going to do two at a time right there but then I thought no I'm not ready my I'm not ready for my head's not up to see I got that one wrong even. I couldn't even ten fifty six this one and then the last one let's make that one green don't get ahead of yourself. Patience concentrate focus there's the ten eighty ten eighty ten twenty four boom all those have been founded so now these two aren't going to be on there so the five hundred and twenty I don't see those so now there's something on the bank statement that's not on our books. Does that mean the bank statements wrong no the bank statements probably right they charged me a fee and we had a withdrawal I took that money out I've made it okay so now I'm going to have to add them to our books. However these items that are on our books which are not on the bank statement are going to be those items were outstanding and some items we might expect that to be the case. These ones this one this one this one and this one and these two down here look fairly normal because they were written at the end of the month. This one however was it written at the end of January and still hasn't cleared by the end of February. So I would be more concerned that possibly this one is an issue possibly that's I've duplicated that if there's some kind of problem which are the types of things that can fall out and be seen within the bank reconciliation. If it's a problem I can think about how am I going to deal with it can I void it or whatever from that point going forward. Noting that I have to be careful about doing something like voiding the transaction if it was something that was done in a prior period. So I want to be mindful of that but those are the kind of things that the bank reconciliation will help us to find and determine if I look at the bank reconciliation or the bank statement. In other words if I go into the online banking account for example and I see that these items have cleared in March then I'm OK with that. I say OK they were outstanding. Those are my timing differences. I'm not having any problem with them being outstanding. They're just timing differences and then they will be the reconciling items on the banks reconciliation report when we reconcile. But now we're off by the 520 and that's because we have to add this item and this item into the system. So let's do that now. I'm going to do that by going to the list dropdown. Let's go into the chart of accounts and just open up the good old check in account and we'll just add those two items. So one was a withdrawal again. I'm going to add it as of the end of the month on the 28th let's say and so I'm not going to I'm not going to have a number. I'm just going to keep it there. It was from the owner. I can probably put the owner as the as that but I'm just going to not do that. And we're going to say that it was for five hundred dollars five hundred. Now last time we talked about the idea that if money is taken out from the business we would like to assume and I'm imagining we're a bookkeeper for like somebody else right now and you're trying to come up with a system that will work as you're working with them as a client. You basically want to say hey look if you're pulling and this will be the same if it was your own business as well. If you're pulling money out of the company as cash then I would like to be able to assume that to be a draw because there's no other paper trail with it. So I'm going to assume it's a draw if it's not a draw if they're pulling money out as cash and spending cash on business items. You want to recommend generally against that because we want the audit trail for legitimate expenses because those are basically write off for taxes is one reason we want that. And I want to be able to verify the account that it went to for bookkeeping purposes as well as if we got questions about taxes that you actually have an audit trail about them right so that's where we want the audit trail. So so last time we put it to miscellaneous expense which is kind of a red flag in terms of taxes and whatnot. This time we're going to assume it is a draw. So if money was taken out as a draw if I go back up to the balance sheet. Notice it's not going to go on the income statement but rather it's going to go down here into the equity section. We could put it into one of these equity accounts like net income but typically I'm not net income owner's equity but oftentimes will create another account that will represent the draws the money that we're taking out of the business as opposed to it going on the income statement or profit and loss as we did last time with the expense. If we put it on the income statement as an expense it's going to decrease net income which isn't quite proper if we do our taxes and we have this huge amount in miscellaneous expense and we get audited for example. And they find that those are all out of taking money out of the company then we're going to be in trouble for doing that because expenses are good for taxes or deductions are good for taxes and we would have deductions that aren't legitimate deductions in that event. Also note that if you're spending money on personal stuff then you could just write those off to draws as well. So if you spend money for a vacation out of your business account then you could try to track that in your business account and just write that off directly to an equity account as opposed to an expense account. Okay so that said let's go back on over and say we're going to make a draws account where they might have one already where's my checking account. So I'm going to put this into the draws account let's see if they have one draws owner draws boom. QuickBooks already set one up for us. If they had not set one up just note that if I go into the lists and the chart of accounts you'd want to set it up as an equity type of account for a draw. Note that draws are kind of similar to dividends for a corporation although the dividends have to go out kind of evenly there's some restrictions in terms of how you're going to be distributing the dividends because they should go to the shareholders evenly and so on. But in any case draw here so we're going to go back then to the checking account also note that if it was a partnership then you'd have to track multiple capital accounts and you'd have to have possibly draw accounts per partner within the partnership and what not. But in any case we're going to take it to the draw and say record it boom it's been recorded and if I go to my reconciliation then I should have that 500 right there. This is the draws one not the staples thing and then I have also the bank fees of $20 fees of $20 back to the register put in the fees of $20. Okay they just took my money for $20 I should put the bank here I'll just keep it blank though I should put the bank but I'm going to keep it blank. How about that as a poet and I know it I know it I know I'm a poet. Anyways this is going to go into the service bank service charges boom and record it bam and then back to the reconcile and if I check off that last one we've got this down to zero at this time so notice it mirrors exactly what's on the bank statement. So the cleared items 61 241 51 981 20 11 633 matches what we have here 61 241 85 51 981 20 11 633 that means the cleared balance is one 015 90 05 which is showing here which matches the statement balance that does not match however still even after entering the items that are on the bank statement that is not on our books the balance sheet or book balance amount which we can see is at the 95 259 07 due to the fact that we have items in our books that have not yet cleared the bank one of them an old item that was that was put in place in January still hasn't cleared that's a little bit troublesome but we can check that out and see if it's legit these are the outstanding items that that are going to be part of the reconciliation tying out the book balance and the bank balance when we do the report but we're not going to press the blue button yet. We're going to do it next time and then we'll go over the report when we press that blue button just know that you don't want to to reconcile until you get that to zero note that it has to work you have to be able to check these off so you should be able to get to a point where that's at zero especially if you don't have the beginning balance problem if you're beginning balance ties out then you have no real excuse to get things to work to make that exactly zero to make your bank reconciliation have an actual impact of an internal control as it should have if that thing is anything other than zero your internal control not just only over the bank balance but over all these transactions which have an impact on all the other transactions in the accounting cycle due to the double entry accounting system you have far less assurance if that's not zero although you could force it to work but you don't want to do that okay well hit the blue button next time for now we're going to leave we're going to get more coffee until we got and then we're going to come back and we'll finish it up and look at the reports.