How To Invest More In 5 Years Than Most Do In 50!
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- Опубликовано: 11 июл 2024
- Let’s discuss how you can invest more in 5 years than most do in 50. Today i’m going to share a 5 step processing on optimising your investment portfolio to ensure you reach your investment goals. I started investing in the stock market back in 2017, and right now my total investment portfolio value sits at just over £165,000. Today, I wanted to teach you the principles on how I made it possible, and how you can do the same.
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00:00 Intro
00:39 The Plan
06:39 The Pot
10:41 The Possibilities
13:20 Subscribe
📷 Instagram: @mitchinvesting
#Trading212 #StockMarketInvesting #InvestingForBeginners
Disclaimer: Your capital is at risk. Some of these links may be affiliate links. If you purchase a product or service using one of these links, I will receive a small commission from the seller. There will be no additional charge for you.
Disclaimer: All ideas presented within this video are that of my own based on my own opinions. Please do not consider any of these videos as financial advice as I am NOT a financial advisor. All financial decisions and choices made are solely your responsibility. The views shared in this video are just for entertainment purposes only. When investing, your capital is at risk and can go up in value as well as down in value. You should consult a suitably qualified professional when seeking out investment advice in order to fully understand the risks associated with investing.
Happy Sunday guys! Hope this video was useful to accelerate your investment portfolios! Link below to open an account with Trading 212 to get 1 FREE share valued up to £100 if you want to go started: trading212.com/promocodes/MITCH
You work for 40yrs to have $1m in your retirement, Meanwhile some people are putting just $10k in Bitcoin for just few months and now they are multi millionaires. I pray that anyone who reads this will be successful in life
I'm new to cryptocurrency and don't understand how it really works. how Can someone know the right approach to investing and making good profits from cryptocurrency investments?
As a beginner investor, it’s essential for you to have a mentor to keep you accountable.
Antonio Alex is my trade analyst, he has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trades decisions align with market dynamics for optimal returns.
Antonio Alex has delivered solutions above my expectations over a year we have worked together. I would refer this in all forms.
Wow. I'm a bit perplexed seeing Alex Antonio been mentioned here also Didn’t know he has been good to so many people too this is wonderful, I'm in my fifth trade with him and it has been super.
Alex Antonio signals and prediction is awesome, actually I was skeptical at first lol, until I decided to try. It's huge returns is awesome! I can't say much.
*I didn't become financially independent until I was in my late 40's, and I'm still in my 40's. In addition to having purchased my second home and earning money on a monthly basis through passive income, I've also achieved three out of five goals. I just hope this inspires someone to realize that it doesn't matter if you don't have any of these things yet, you can start today no matter your age. Change your future by investing! I made a rather big decision by investing in the financial market.*
Investing in many sources of income that are independent on government paychecks is the prudent thing that everyone should be thinking about right now, especially given the global economic crisis. Stocks, forex, and digital currencies are still good investments at this time.
Sure, investing is essential for maintaining your financial stability, but making any kind of legitimate investment without the correct advice of a professional can result in a significant loss as well.
I've lost a couple of dollars trying to trade myself
Yeah I have same issue also, sometimes I feel like the market is being manupulated
Get yourself an expert for guidance
Well explain thank you for bringing up this video Financial education is indeed required for more than 80% of the society in the country as very few are literate on the subject. Regardless of how bad in the economy I still make 90k from my investment of 12k Thanks to Keira Watson for her helpful guides
You're absolutely right, Financial education should be enforced in every level of education.
I always wanted to trade for a long time but the volatility price has been confusing
So nice to see Keira Watson talked about here, her good works are speaking already, and like wide fire she's spreading
She's mostly Telegams, using the username below
FXKEIRA10
👍
Great spreadsheet… thankyou
No probs!
I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Charlotte Miller.
I'm surprised that you just mentioned and recommended Charlotte Miller, I met her at a conference in 2018 and we have been working together ever since.
She is my family's personal broker and also a personal broker in many families I'm United States, she's a licensed broker and a FINRA AGENT in United states
I just withdrew my profits a week ago, To be honest it was an amazing feeling when the profits hits my wallet I wish I could reinvest but, too much bills
I'm new at this, please how can I reach her?
she's mostly on Instagrams, using the user name
I do all of these steps 👍🏻 great video as always 👏
Thanks Sandra!
Thanks for the info Mitch
Thanks for watching!
Mitch providing more valuable content. Love it mate🤝🏻
Cheers Max, appreciate it!
Love the video. Thank you very much.
Audience, also don't forget to tax yourself in a salary sacrifice method from your place of work. In so doing some of the money that would go to tax would end up going into your pension pot, adding to your long term account financial situation.
Love these videos.....Any tips for a 50 year old whos just started investing in the sp500 ..?.... id love a tips video for older investors... feeling a bit like ive left it too late
Hi Mitch, love the videos. I am new to investing and have done some research and it seems that a good strategy is to have is: a foundational ETF (currently hold VUAG), a dividend ETF (hold GGRG) and a growth EFT (not too sure which one would be best?). I was wondering if you have any advice/ is this a good strategy? Keep up the great work.👍😀
Good video Mitch. One thing you didn't stress though- if people are paying 20% APR on a credit card then they need to prioritise paying that off above anything else before investing as that interest will kill any returns on the market
Yeah super important point, thanks for calling it out!!
Hey Mitch great video! Im learning at the moment find your videos the most helpful out of all the ones i have watched. im planning on trying to save 100/200 a month to put in s&p 500 or was tempted by the nasdaq 100. totally new to investing i have come across it as i have moved my £20000 in the to cash isa on 212 as the rate was much better then my 4% previously. with all your knowledge what would you do if you had £20000 to start with. I quite like making the £88 a month from the cash isa maybe to invest it in stocks or shares or having it as a lump sum at the end of the year for a holiday...
Hi. I started investing on T212 using the Invest account,invested £2500 and have £100 profit in 2 weeks.But i want to move all £2600 to the Stock and share ISA. So i need to sell all the stocks and rebuy them again in the s&s isa, And buying at higher price, will i lose all my profit? Im a little confused. So sell all £2600 from the invest acc and buying £2600 the same shares, it will be a mistake? Ty
What's your take on NVDIA? Worth the punt?
Sorry, I don't seem to be able to wrap my head on the compound effect on investing in growth stocks. For example, if I place my money into a growth ETF which doesn't pay dividends, where does the interest bit come in? Theoretically, if I am to place 1k in to an ETF with a 5% AAR, won't I just get 1100 by the end of 2 years since the amount of shares I hold doesn't increase?
Still on look out for compound calculator you use can you point me right direction to find it
Hey, here is a link: www.google.com/search?client=safari&rls=en&q=compoundcalculator&ie=UTF-8&oe=UTF-8
Great Content! Semiconductors and chips are clearly leading the way… I started investing in the stock market back in 2022, and right now my portfolio just bumped over ~$600K… I think this tech bull market continues well into 2025
What’s the best platform for investing in one of the S&P 500 funds in a LISA account, with the lowest charge possible.
I’m currently with hargreaves lansdown, I use the UBS S&P 500 which has a 0.09% charge and then hargreaves take a 0.45% charge for holding funds with them.
I'm 18, and I'm putting away £600 a month into my stocks and shares. Majority of my holding is in Nvidia. I only make around £800 - £1000 a month.
Samee, I’m glad I started investing and researching at a young age, I’m also 18 , but i only put 200 a month, I’m looking to get another job so I can invest more
I rather do this than mess around and get into depts and drugs like teens do nowadays
you are doing a great job keep going you may be better opening a LISA account as the government would give you 25% bonus on your saving of £4000 per year, however, you can only use a LISA to purchase your first home or retirement and lose monies if you withdrew for any other reason. Worth looking into definitely.
Is it me, or are there sound issues on and off through this.
Enjoyed the video mitch. Just 2 or 3 times. One circa 11 mins
Hey Davyd, thanks for the heads up, I’ll listen back through it I didn’t pick anything up in the edit
@MitchShoesmith just watch another vid and the same issue randomly came up so my end not yours! Sry about that.
Keep it going mate.
@@davydsivitter4278 ahh ok, thanks for letting me know!
Do you have any thoughts on gold/silver as a back up or safety net. Does anyone get concerned with people like Richard hunt and others informing us of a total collapse on the way. From researching the best I can the doom talkers over estimate the problem in the main. From what I understand 70% of the s&p is made up of Microsoft apple, Nvidia, Amazon, alphabet.
Hey mitch i’d like advice on what to do.
I’m 25, maxed out my pension at work (about £900 a month with max match the company offers)
45k in T212 2/3 in s&p500 about 1/3rd in solid individual stocks.
6month fully funded emergency fund
Debt Free
£20k in cash currently
Can save about 2k a month
GF will be ready for a house deposit in about 30 months ( we want 50k combined half me half from her)
I really want a tesla model S performance fully loaded fsd etc(£45k) as a reward for working so hard for getting a solid financial foundation set (I was in 37k debt 2years ago) but obviously know a car purchase is always silly & just a luxury. (Dont want a 3 or a Y for cargo space & depreciation reasons)
My current car is a heap of crap 2008 honda suv I bought for £1500 to be reliable as hell whilst I paid off my debts but i cant stand driving it any longer.
Any advice is appreciated. (Id be spending most of my savings as a fat deposit for the model S)
Hey! First off it’s great to hear you’re doing so well and have also got out of that much debt in such a short space of time, huge kudos to you! Regarding car purchases, I’ve never bought electric so not too clued up on that market, but the principles I tend to follow are:
1. Don’t buy new, always buy 2-4 years old so somebody else pays a chunk of depreciation for you.
2. Financing - with current interest rates I suspect a personal loan on a car could be upwards of 8%. When I bought my car I decided to get a cheaper car but pay cash so I didn’t need a loan for it. If interest rates were like 3-4%, I’d probably have a different view as you could invest the money and probably get a higher rate of return to offset the interest.
3. Do what makes you happy & feels sensible - we can all be super financially responsible, but i do believe in a balance that life needs to be lived too. Even if buying a new/expensive car might not be the most optimal financial decision. I bought a Lotus Elise a couple of years back, it wasn’t cheap but man I get more joy out of it than having the money sat in my bank account doing nothing.
You sound like you know what you’re doing financially so I think you’ll know the answer ☺️
@@MitchShoesmith So the model S is a 2020 model as they stopped making rhd S&X’s (uk doesnt get the plaid) this one was 130k new.
I’m more so worried that I shouldnt be making such a huge car purchase without owning a house first however, once a house is bought a hell of a lot of my finances will be taken up in mortgage payments & upkeep not allowing me to have the car i want if that makes sense. Thanks for your advice
@@iCozzhit dosnt make sense. If you can’t afford the car after you’ve bought a house then you can’t afford the car before you’ve bought a house. Given the house is a much bigger financial investment that will go up in price the more you delay you’d be far better off forgetting about the Tesla for now. Remember that the depreciation on electric cars is very large and you have the possibility of battery replacement within 6-7 years if you follow the advice of the chap here you could be throwing money into a black hole and left with effectively a scrap vehicle after 6 years. Sounds like you have a lot of income so prioritise your house purchase and weigh up paying down the mortgage vs investing. Remember that Loan to value has an impact on loan costs and upcoming political changes could skew the market drastically. Personally I have experience of losing my job and being close to losing the house twice so I prioritised paying down the mortgage when the interest rates were low leaving me with a £20 per month repayment for years. I’m debt free and paying a large chunk into my pension and have maxed out my ISA for two years running. Could retire in a couple of years but have more investment planned.
@@davideyres955 The cars finance would roughly be half of its value, i can blitz the payment within a year. My question was to buy the car now or wait a year to buy it outright or to get the house first then use the excess money for the car. That battery goes bad in 6 years is utter bollocks btw, so much ev fud horse shlt out there its insane. Good point about upcoming election though.
To max out your pension you would have to put in £60,000 a year including the employer contribution.
What’s your take on investing 20% of your salary but not being able to buy full shares of an index fund ? As in it’ll most likely be fractional shares. Is there an issue with fractional shares
No issues at all, fractional shares are a great way to max out how much you can invest each month!
@@MitchShoesmith do you have an instagram or a tiktok seen a few of accounts but dont know which ones are real and fake, thanks.
Ooft how did you feel in 2022
What are we saving for?? I’m a strong advocate for investing but you must enjoy your wealth and hard work in case you die - like what’s the point?!
Agreed, there’s certainly a balance to all this financial stuff!
Mate this isn't Dave Ramsey - do whatever you want, you sound like you're already loaded, if you want to enjoy life, get your dream car and don't think about the payment every single day, just enjoy the hard work.
Save 100% of your income, only eat beans and rice
“Doing whatever you want” is a great way to stay poor. I’m sure he’ll consider your advice when looking at the pros and cons of staying poor vs. building wealth.
@@Handle35667 taken out of context like you did, yes. He already has plenty of money, and there is literally no purpose to do all this work and saving if you never have some RELIEF, through buying something that will make you happy, yes MATERIAL, simple fucking happiness.
There is people righn now that have no choice but to eat only just that . Even that limited .
@@Handle35667You do know you can build wealth without investing right?... You can still live your life and make money... Each to their own but I don't want to be working hard now just to put it in a pot, that I won't even cash in but instead live on the interest and where the government or local council can take most of it at the drop of a hat when you get ill and need putting into care...
I've also lost count of the amount of people who saved a pension all their life and then dropped dead soon after retirement... Of those people I spoke to who were terminally ill before that happened, they all said that they wish they'd lived their life more while they had the chance rather than obsessing over building their pension pot...
I also think it's a bit selfish... My priority is to make sure my children get what they need now rather than waiting until I pass, and having that risk that they may not even get to see any of it before the government or local council take it to pay for my care!... So I'm setting up my children now with help to buy their first homes as soon as possible.
i can only short AMD. its not a quality company, its 'hyped by the poor and clueless' company
Why do you say that?