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Mitch Shoesmith
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Hearted Youtube comments on Mitch Shoesmith (@MitchShoesmith) channel.
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The dividend snowball effect is fascinating
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@MitchShoesmith yes it's the best I've had. Over £1k per month. I've got over £60k. Compounding calc @ 8% in 5 years I should be earning £1k pm interest. The default funds are gash. Work one is with NEST so limited. Legacy pensions are with another provider in index funds
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Great tips
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Great video again mitch!! Knowledge is power
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8:50 I can relate. My first year's insurance was almost 3 grand
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I am waiting your video. Thank you:)
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Really wish i had discovered stock investing prior to 2020. Looking at the price of stocks like nvidia, msft, appl to name a few pre 2020 is envious 😅
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🙌🏽🙌🏽🙌🏽
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👍👍
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Show me your property portfolio!
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Hey Mitch, thanks for the video! Love the optimistic and encouraging message 🙏🏻I was just wondering during those first 6 months of growing your channel did you post one video per week? What was your strategy here if you didn’t mind sharing? Thanks in advance!
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Don't need the book so I won't put the emoji, but I enjoyed this transparent overview of your financial journey and I am sure it is beneficial to others too!
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Hi mate, Whats your opinion in the Ishares clean energy etf? Obviously with renewable energy becoming more affordable and more popular surely its a no brainer? Thanks for the clips. Great stuff 👌🏻
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Cheers for the reply! If you decide to do a review ill be straight on! 😂 im a beginner 👍🏻
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Inspirational video Mitch. I’m sure many people watching will feel motivated this morning!
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Your video reminded me of my mums stories of her frustration living in a communist society it does not work the populous kick back eventually.
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💰💰💰
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Im up 272% in 9 years.
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Great work mate
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Great video once again. Have you been investing in this latest dip and if so what you bought. I have just started a position in Air Bnb with lockdown easing.
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Another great video. Didn’t realise you can’t have 2 different SAS ISAs. Got one in VG and one in HL though I haven’t paid over £20k into both in total. What would you recommend.
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Great video! On the trading212 platform, do your dividend payments just go straight into your free funds? My dividend payments are so small I never know where they actually go 😂
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Another great video Mitch but this is massively depressing!!! 🤣🤣🤣
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S&P 500 ETF stable long term investment
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Will you be keeping your ISA with trading212 for the coming tax year?
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Yes Mitch 🔝
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Great video, thank you pal
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Aren't you even slightly worried about short term corrections and the unpredictable effects of armchair speculators?
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Another great video Mitch!
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Good on ya Mitch really enjoying your content
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Thanks for the video Mitch! Watching it made me think of the book i’m reading now by Thomas J Stanley called Stop acting rich … and start living like a real millionaire. Check it out, as well as his other books too. 🤓
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Hi Mitch, massive congrats. Just to let you know some solicitors will pay to get on the lenders board for you, so you can still go through that. My solicitors did this recently on two purchases I had going through.
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Election year 🚀
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Some great points here, I think as investors we should always be keeping some cash on the sidelines. 😀
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Nice video Mitch, well put together, I am also in the situation of 40/50% in growth stocks, but that's how it goes with this type of stock, we have to be as transparent as possible when we post our content, thanks for sharing! 😀 Take care!
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Great video as always
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@MitchShoesmith lots of stocks are up over 15-20% the last few days. Stills lots of room to go though. It will be a great year for uranium and will outperform the market considerably. I think you should buy some DNN or UUUU (or a bit of both) for your next challenge.
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Love the channel and thanks for the transparency!
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Well done mate 👏 2021 will be bigger and better for you no doubt
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Can you transfer an ISA from another year and a different provider. thanks, Stu
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Great vid. What calculator do you use Mitch?
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Love the live investment videos 👌
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Just abolish stamp duty and uk investors would be all over it.
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Great video bro
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Most likely we'll see a bounceback from here, but the decision on the future direction will come: continuation of uptrend or serious bear market?
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Why the interest obly mortgage ? Are you not missing a benefit of accumulating the principal equity? Or was it just the 2 year fix to get it over the line and remortgage later with the hope of lower rates?
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Hi Mitch brilliant video as usual. I'm fairly new to investing...started after cvd crash early 2020. I have a question about isas that I cant seem to find the answer to. If I open a new stocks and shares isa for 2022-23 to spread risk, can I continue selling positions and reinvesting profits in this years isa? I just need to make sure I only put NEW allowance money into the new isa, not thus years.
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@MitchShoesmith Hi again Mitch, been thinking about this conundrum some more on my daily new years resolution walks! :) As i understand it, profits from a stocks and shares isa don't count as part of the current 20,000 pound yearly investment limit? For example...I can invest a full 20 grand in April 2021 and make 10 grand profit by the end of the year by selling the investments I bought before the next tax year ( I wish!! :) ). This wouldn't be breaking the 20000 limit rules I think? And if so, why would continuing to manage an old isa by selling positions in that isa and reinvesting profits there be breaking those rules? I've joined the money saving expert forum and asked my original question on there. Not that I don't believe you at all... I think your channel and advice is great! I'm just getting conflicting advice depending on who I ask on this and want to make sure im not breaking rules etc. I will let you know if anyone gets back to me on the money saving expert forum, if you are interested.
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@MitchShoesmith Hi Mitch....just letting you know...4 replies to my question on money saving expert....all basically saying its fine to carry on selling and reinvesting profits in a previous years isa... hurrah.... quote from a reply.... Can I still manage this year's isa without breaking the rules? ie. sell positions and reinvest any profits into this year's isa, while investing up to 20000 'new' money into the new isa from April. Yes you can do this . The £20K limit is only on new contributions in one tax year . After that you can do what you like within the ISA wrapper. It does not make any difference if in April if you put a new £20K into the existing ISA or start a new one. Promise to stop pestering you now....thanks for replying...looking forward to next video:) keep up the great work!
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Great clip and an eye opener to compound interest, I’ll be mainly invested in TSLA and Bitcoin/Eth for the next 10 years then maybe stick some of the gains into the S&P.
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