Hearted Youtube comments on Mitch Shoesmith (@MitchShoesmith) channel.

  1. I’ve found the more I’ve saved the more I put off buying anything. For example, i could really do with a new car, but I just can’t bring myself to put my hand in my pocket and buy one 😂
    590
  2. I’ve been paying in £5 per day to S&P 500 for the last 9 months, cut out one costa coffee a day to pay for it, don’t even notice it leaving my account!
    176
  3. Unbelievable for just 28 years old. Well done mate.
    138
  4. It’s been declining the last few weeks because I invested into it just a few weeks ago 🙄
    134
  5. I invested £10 a day down the pub instead. After 2 weeks I had a new job paying me a lot more money and cash in hand too!
    91
  6. Final message being the most important. It’s terrifying how quickly 5-10yrs goes by. Everyone will thank their future self starting somewhere, no matter how little it may feel at the time !
    59
  7. Similar to others on here - I started saving to buy things but now I invest because I love it and I don't really feel the urge to buy things, e.g. I couldn't really care about having a bigger or shinier car.
    57
  8. Honestly, your channel is ridiculously undervalued. The visuals, editing and commentary throughout is top tier.
    51
  9. Hi Mitch. Can you do a video on how to protect large amounts of money over 85k please?
    46
  10. 05:20 FSCS protection is per banking GROUP NOT per bank, check what group your bank/s are a part of.
    45
  11. The biggest mistake with investing is not to invest.
    41
  12. I’m 55 and have been investing for 5 years , I wish I would have had advice when I was young, I encourage any young people at work to at least consider it , great videos keep them coming 👍🏻
    39
  13. That’s why I like Mitch, a no-bs straight to the point guy with integrity.
    36
  14. Great , opened my 1st stocks & shares isa on April 6th, put the max 20k in, was great to see it lose £700 in the 1st week !
    33
  15. I admire your transparency. Great channel mate
    31
  16. Thanks for doing this video. Really helped a newbie. 👍
    25
  17. Just opened a trading212 account and this video was really helpful! New subscriber 👍🏼
    25
  18. stock market crash is my huge shopping day hehe.
    25
  19. the only people who should be taxed higher are unknown individuals with billions floating around. We need it to fund our roads, schools, hospitals and future growth. Fund our society and we build a better foundation for everyone to grow. No more selling our assets, businesses and innovations to american funds
    24
  20. Thank you for a straight forward explanation with minimal jargon, top job.
    22
  21. The problem with the growth over value strategy is that growth is only sustainable for so long, and today's innovators could easily become tomorrow's dinosaurs. Also companies that don't pay dividends are reliant on an ever increasing share price to guarantee returns to new investors. If the value of UK stocks stagnate from here and go nowhere into the future, anyone purchasing now can lock in dividend yields above 6% from a selection of relatively safe cheap high yielding FTSE 100 stocks, as long as dividends are maintained. If as you state the FTSE stays cheap far into the future, then a dividend focused investor could build a portfolio of high yielding FTSE stocks and reinvest the dividends year after year, and also invest new capital as it becomes available and stock prices remain depressed. Compounded growth through dividend reinvestment, coupled with more capital investment over time, would see significant growth in dividend income as long as the the stocks remain cheap and high yielding. There's more than one way to realise portfolio growth, I don't see many growth over value commentators mentioning compounded growth through dividend reinvestment.
    22
  22. Awesome video Mitch. Thanks. BTW, I just used your promo code and got £10
    20
  23. I've never heard an old person say that they regret paying off their mortgage early over investing the cash. The decision is, and should be, an emotional one not a financial one. Imo
    20
  24. Mitch your a clever bloke. You will be very successful. Thank you for showing all your investments most people at any age would be happy
    19
  25. Great video. Please can you make this an annual video where you review T212’s annual finances and performance for us to help keep us in the know about how they are doing. 👍👍👍
    18
  26. I luckily inherited 65k and 8 years ago - now have 250k, all my via investments. Obviously I added to it regularly but nothing crazy
    18
  27. I think relying on things like the 18 year cycle is unwise. To a large degree housing prices are part of the larger economy. I am old enough to have seen three crashes. Each one was predicated by larger economic issues. The situation is further complicated by the massive amount of overseas purchasers. I know of a housing estate in London, all new build, where nearly every home is owned by Chinese investors. They are also left empty. Switching away from investment for a moment: Homes are there for our citizens to live in. We have far too few. I believe we must control overseas investor purchases which push the market higher than it might otherwise be.
    17
  28. I’ve been looking for uk based stock channels, and I’m glad I found yours
    17
  29. Global index fund investor here. Most people would guess that the US will outperform the world over the next ~30 years, but we really don't know. I'm happy knowing that I'm covering all bases being globally diversified
    17
  30. I have been buying the S&P 500 for 3 years now i wish i done this 30 years ago.
    17
  31. Comparing inflation to a Fredo bar, UK classic
    16
  32. I’m 25 and I’ve started to invest 50£ a week in the S&P 500 and it days if it grows around 8-10% every year it’ll be worth around 300k by time I’m 40 which would be amazing
    16
  33. Yes Mitch! Please do share your entrepreneurial journey into real estate. I think it will be valuable for everyone to learn from it! And stocks are not the only investable asset available so it will fit well with your channel. Good luck on this new endeavour mate!
    16
  34. Hi Mitch, I'm a long-term follower and I have to say, this really was one of your best videos, the quality just gets better and better! Your explanation of the mini-correction at the start of the month really was excellent. Brilliant work, I've been in VWRL for a number of years and I feel more comfortable DCAing into this rather than VUSA! Hoping returns on VWRL will overtake VUSA over the coming years 🤞🏻 Great job 🎉🎉🎉
    15
  35. When the US falls, everything falls. Looking at the VWRP (Vanguard All world) and comparing it to the CSP1 (Ishares S&P 500), you can see they both follow each other almost identically during the downturns, while the S&P 500 has a much higher upside potential. Either way, pick your poison, but i'm sticking to 100% US allocation. If i were to pick stocks (which I don't ), there's no way i'd have more than 500, or even 50 open positions at a single moment in time and the stocks that I would pick would most likely all be quality US companies, that's why I believe the S&P 500 is all you need and by buying into an All World fund, you're only buying the US but with a bit of international, just for the sake of "diversifying" and those international companies you're gaining exposure to, you wouldn't even buy anyway, because many of those are just not great (quality wise). So yeah, i'm quite against an all world fund, but each to their own.
    15
  36. Congratulations mate! I have been tempted to do this but i just keep throwing all my spare money into my VUSA isa. I just don’t think I could handle the stress of managing a property!
    15
  37. Great video, I’ve been after something like this for ages, especially as I want to retire in 20 years. Just need to find £2,175pm now!
    15
  38. I've been investing over 30 years, but I never had a better buzz, than paying off my mortgage early. I've re-mortgaged, 3 time since and basically used this as a very cheap personal loan, to help my family and also do things I want to do. So your home, is a very good investment if used correctly.
    14
  39. Keep your portfolio diversified and invest the majority of your money (around 90%+) in profitable and proven companies 📚 Great and informative video! Keep it up
    14
  40. I got the physical card mainly because its cool to have, but I don't actually think it will get any use till i go on holiday!
    14
  41. I don’t believe it’s £100k. For me it’s £25k. It felt hard to get to £25k. Than £30k was a lot faster, than £35k I focused on £5k increments. Before you know it I was on £65k. My personal experience: get to £25k at all costs!!!! Than focus on £5k increments.
    14
  42. I’m about to turn 31 and I’d say my net worth is circa £210k
    13
  43. Agree with most of what you are saying, just to point out that only 18% of revenue of FTSE100 is from the UK so should be detached from UK economy performance
    13
  44. A few ideas which help me with the year ahead: - All predictions are wrong, some are useful. There is always instability/wars throughout the world each year and the stock market is consistently “overvalued” and “ready for a big correction” only for it to keep ripping higher more times than not. - If stock prices fall in 2024, great, I’ll keep acquiring good companies at a lower cost basis. If stocks go up, great too. All in all I won’t care what happened in 2024 in 20-30 years time after compounding has taken its effect 😄
    13
  45. Always love a dividend video. Nice work Mitch
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  46. It’s all about starting early in life, if you don’t have a minimum of 10 years to invest then dont invest Time is money
    13
  47. I agree with pay yourself 1st ...it's transformed my habits ...wierd how you can think you're skint but in fact you spend in a silly way ...switching to that mentality I've saved 5.5k in just over 6 months ...I'm on £32k
    12
  48. Great video Mitch! My financial goals for this year are: 1. Create an emergency fund 2. Invest at least 20% of my income into my T212 portfolio 3. Start saving for a house deposit so I no longer need to rent
    12
  49. I save/ invest about 90% of my money, im 19 and living at home so trying to build up a big down payment on a house over the years im living at home :)
    12
  50. Yes I have just sold the shares in my business because of a threat of a Labour government. Get my tax relief while I can and invest in the S&P until I can grow another business overseas.
    12