Youtube comments of (@MitchShoesmith).

  1. Happy Sunday guys! Hope this video was useful to those unsure as to how Trading 212 treats your money!
    100
  2. Do you guys want to see vids on my new business venture on this channel?
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  3. rich for me is having enough money to do what I want, when I want, how I want and not be held hostage to a job, boss or employer.
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  4. The one thing that all this has highlighted is the absolute importance of not relying on a single source of income!
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  5. 0:53 The classic Andrei Jikh magic trick 1:11 Investing your first $1,000 dollars 4:00 Signing up for RobinHood Tutorial 6:10 RobinHood Features 7:42 Scheduling Automated Deposits 9:01 How to Buy & Sell Stocks 13:45 ETF's 15:07 List of Dividend ETF's 16:00 Fees for ETF's 17:24 Vanguard Total Stock Funds (Growth Fund) 19:22 Robinhood Balance Insured Up To $500,000 Thanks for another fantastic vid Andrei!
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  6. I can’t express my level of gratitude towards everyone who has supported the channel in the past 4 years which has enabled me to make this leap. Thank you guys, I hope this is just the start of something great! Thanks to Trading 212 for also sponsoring this video, be sure to grab your FREE fractional shares worth up to £100, by signing up to Trading 212 using the following link: https://www.trading212.com/join/MITCH. (Capital At Risk. Terms and Conditions Apply)
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  7. I’m hopeful this is just going to be a short term shock to the economy and we all come out of this for the better in a few months time!
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  8. Who else is S&P500'ing their way to retirement?!  Hope you're all having a great day. - Mitch
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  9. Happy Sunday guys! I enjoyed making this one, hope you found it insightful. Remember to claim your one FREE fractional share worth up to £100 by signing up to Trading 212: https://www.trading212.com/join/MITCH. Or Use PROMO CODE “MITCH”: (Capital at Risk, Terms and Conditions Apply)
    21
  10. Thanks so much for 5,000 subscribers guys, I really do genuinely appreciate all the support! I'll continue to bring the best quality content I can for you guys.
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  11. Super important point!
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  12. Thanks for sharing Sasha! Its concerning as a T212 customer but I'm also glad to see the acquisition of a credible list of directors who can take the company forward and hopefully improve on the internal controls / operational issues or whatever other issues the FCA currently has with them.
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  13.  @burwin74  22 trading days in the month, I missed two days, hence the £200, hopefully the sentiment still stands!
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  14. Noted!!
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  15. Love that!
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  16. Happy Sunday guys! If you want to start using Trading 212, then be sure to click on the following link and get 1 FREE share valued up to £100: https://trading212.com/promocodes/MITCH (Capital At Risk. Terms and Conditions Apply)
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  17. Once we start seeing quarterly earnings reports take a dip, I think that's when the stock market will start to take a dump again!
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  18. VUSA or VUAG?🤔
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  19. Happy Sunday guys. I hope this video helps anyone who's on their own investing journey, here is a little bit more of an insight into mine! If you want to grab one FREE share valued up to £100, open an account with Trading 212 by clicking here: https://www.trading212.com/join/MITCH (Capital at risk, T&C's apply).
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  20. Hey, deep question, I have no idea on this one. I would assume that if you died, whoever you have written into your will to acquire your assets will claim the value of the investments. I'm not sure if they would be liquidated or kept though - it's not something I've experienced before so not too sure!
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  21. I don’t have it set it up so people can copy it, I would rather people not copy and make sure they understand what they’re investing in rather than just copy me as my risk appetite and investment objectives will differ to others
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  22. Happy Friday guys!
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  23. Hey Dom - as at this month yes, I’m in the process of moving my employer pension into my SIPP at the moment, I might make a vid on it!
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  24. Happy Sunday! Be sure to leave your money saving tips down in the comments below. You can also sign up to the free newsletter for more tips! https://shareholderlab.substack.com/subscribe
    11
  25. Haha always the way! Stick with it dude, I’ll be buying in again on my portfolio update next week!
    11
  26. great shout! Maybe another video on this!?
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  27. Very well said Sasha, hope this message lands with all Finance YouTubers! Unfortunately when money is involved integrity goes out the window for so many which is a shame as some of the bigger YouTubers mentioned have built a platform to really make a positive difference in the finance community…
    10
  28. Happy Wednesday! I hope you enjoyed the video and seeing my first hand experience of stepping into the world of property investing 🏠
    10
  29. Happy Sunday guys!
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  30. Only downside to that argument is the market was “over valued” last year and returned 24% whilst your average savings account did 4-5%
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  31. 💰Get Up To £100 FREE Share With Trading 212 Use PROMO Code “MITCH”: https://trading212.com/promocodes/MITCH📈 📈 Learn How To Invest w/ My Stock Market Investing Programme:  https://www.udemy.com/course/stock-market-investing-with-mitch/?referralCode=9BAB054FE908FAC97FA6
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  32.  @sethanith3181  love that 💪🏼
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  33. Hey Sam, i'm not sure if i have gone through a video like that from start to finish, will figure out how I can structure one thats short and snappy.
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  34. Happy Sunday guys! I hope this video was useful, be sure to let me know what your top personal finance tips are down in the comments below! Also thanks to HelloFresh for sponsoring todays video, here is a link for 60% off if you're interested: http://www.hellofresh.co.uk/MITCH60
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  35. Happy Sunday guys! I hope this video was useful, for me all of the strategies are important, but some are just easier to achieve as your progress through the income levels. Let me know your best financial strategies down in the comments section below! Also thanks to HelloFresh for sponsoring todays video, here is a link for 60% off if you're interested: http://www.hellofresh.co.uk/MITCH60
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  36. Come back to it this time next year and hopefully it’s a different story!
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  37. Hope you guys found this video useful! Thought it’d be worthwhile mentioning that there are other valuation models like the DCF model, if you want a separate video on this let me know 👇🏼
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  38. To get 5.2% Cash ISA and recieve 1 FREE share valued up to £100 click on the following link. You must also have a Trading 212 Invest or Stocks ISA and deposit £1 in order to receive the free share! https://trading212.com/promocodes/MITCH (Capital At Risk. Terms and Conditions Apply)
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  39. Thoughts on the S&P500 right now? Remember to get your one FREE share worth up to £100 by signing up to Trading 212: https://www.trading212.com/join/MITCH. Or Use PROMO CODE “MITCH” (Capital At Risk. Terms and Conditions Apply)
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  40. Time in the market is more important than timing the market, stick with it!
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  41.  @uygarguzel8763  hey! Couple of different schools of thought on it. Statistically about 90% of investors will get better returns just investing in a market tracking ETF, but then if you think you could be in the top 10%, like the Warren Buffets of the world, individual stocks could be an option. For me the majority of the value of my portfolio are in ETFs 👌🏼
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  42. Just sharing my journey, hoping it helps people along the way…
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  43. Don’t watch then 🤷🏼‍♂️
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  44. I sadly can’t, I just share what I invest in, and try and educate my audience on investing so you can make your own informed decisions the rest of the time
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  45. Happy Sunday guys! Slightly different video today but hope you guys enjoy it, let’s get after those financial goals 💪🏼
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  46.  @slicendice1973  hey! If you’ve got 4% savings account, that’s typically an annualised percentage rate, so over 1 month it’d be the equivalent to about 0.33% in terms of returns, so actually the stock market performed better last month than a high yield savings account. For comparison, if you get a 1% return per month from the stock market that’d be a 12% annualised return over 4% in a savings acc. But, bigger picture, markets can go either way month to month so I’d always say focus on the long term instead. I saw a study from vanguard earlier that said between 1976 and 2023 investing in a world index , 70% of the time investing in the market through routine cost averaging would outperform cash. Couple of things to think about, hope that makes sense!
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  47. I hate cash lol
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  48.  @iCozzh  thanks for calling this out! Seem to recall I said per Bank in the video!
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  49. If you could kindly scroll up and pump that like button as it's the only thing that'll likely move higher this week. Thanks 😆 - Mitch
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  50. Happy Sunday guys! What are your thoughts on the current state of the stock market and market valuations? Let me know in the comments!
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  51. Better to have started 3 years ago than never at all though!
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  52. I bloody hope not!!
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  53. It’s got to that point where it’s so important to keep your heads & smash the like button whilst you’re reading this😄
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  54. Hey guys! Final portfolio update of the year, I hope you found these videos useful over the past 12 months. If you did so be sure to drop a like on this video so I know to continue them into next year & let me know down in the comments how your portfolio did during 2021 too! - Mitch
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  55. I don’t find it too bad, just redirects to my bank app to approve then back to T212
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  56. Ps COME ON ENGLAND!!! 🏴󠁧󠁢󠁥󠁮󠁧󠁿
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  57.  @ggoog1845  hey - I can’t make any recommendations on what you personally should invest in unfortunately!
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  58. I can’t say what you should invest in, everyone’s different and it comes down to your financial goals and risk appetite, but 500 a month to invest is a great amount!
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  59. Fair enough! It’s hard to go wrong with some decent ETFs in my opinion!
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  60. Yeah it’s true, and I think just student debt alone probably kills the net worth of most people in their 20s
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  61. Although having said that, I don’t honestly believe we’ll drop much below 1:1
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  62. Thanks Luca. It’s a tough one if you’re just starting out investing especially when you look at the historically high P/E ratios of the broader market, it’s certainly got “bubble” written all over it unless earnings can catch up significantly to current prices. However, having said that, the way I like to think about investing is if I invested today, what would my return be if I were to look back at my portfolio 10 years from now? For me I only ever see the S&P500 increasing in value over the long term, so yes whilst a correction may be around the corner, it’ll likely be short lived (average bear market I believe is 13months) and another bull market will resume thereafter (based on the last century of historical data of course).
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  63. Yeah it’s a fair point. It’s the only feasible way for me to utilise the money I have within my business though. If I were to withdraw it and pay income tax at 40% it wouldn’t leave me anywhere near as much to invest in stocks
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  64. I could do a more in depth earnings breakdown if it’s of interest / value add?
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  65. Hi guys, what’s your thoughts on the share lending options on Trading 212?
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  66. I appreciate your opinion but I have to disagree on this occasion, Apple stock is up 242% since January 2019 and Facebook is up 66% in the same period - both very healthy returns. Agreed FB appears to be in the sh*t recently, which hasn’t made for great investor sentiment but nonetheless they’re still a powerhouse and I suspect will pull through!
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  67. Hi guys, I hope this "investing for beginners course" helps you get started investing during 2022! Be sure to leave any questions you have down in the comments for me to reply too as well :) - Mitch
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  68. Happy Sunday guys! Hope this video was useful to accelerate your investment portfolios!
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  69. Yeah good point to mention! Thanks!
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  70. Investing isn't gambling, can't stress that enough...
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  71.  @Rowan126  never took a handout from anyone, everything I own has come off my own hard work 👍🏼
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  72.  @bassmike4783  hey Mike, I have no idea, that’s one I’ll need to look into and come back to you on! That doesn’t sound like typical bond market returns though. Just about to board a flight though so give me a few hours 😆
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  73. Happy Sunday guys! Today we’ll explore how much you should be investing each month to achieve your financial goals.
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  74. UPDATE: Trading 212 have already uplifted the rates, USD is 5.1%, GBP is 5% and EUR is 4.2%. All other details on other currencies can be found on their website! Happy New Year guys, wishing you all a prosperous 2024! First one back on the topic of Money Market Funds, I hope you find the video useful. If you are looking to get your investment portfolio started this year, Trading 212 have kindly given all my subscribers 1 FREE share valued up to £100 by signing up toa free account using the following link: https://trading212.com/promocodes/MITCH
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  75. Happy Sunday guys, today we're exploring the current positioning of the UK stock market and whether it is actually a good long term investment or not. The views shared in this video are just my opinion, let me know yours down in the comments below!
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  76. Happy Friday guys! Today I thought i'd cover the recent decline of the S&P500 which has sold off c5% since the start of the month, and some of the main factors at play that may have been catalysts for this pullback in market prices.
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  77. no I speak French
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  78. Be sure to enter the completion! Happy Sunday guys! For those looking to start out Trading 212 are giving away 1 FREE share valued up to £100 to all my subscribers to those who create an account using this link: https://trading212.com/promocodes/MITCH (Capital At Risk. Terms and Conditions Apply)
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  79. Literally one of the most interesting videos I’ve ever seen on the history of gold! 10/10 for creativity, story telling, filmmaking, editing. Inspired to be as good as this one day🙏🏼
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  80. Happy Monday guys! 3 months into being a landlord has flown by so I thought i'd share an update. As you may have noticed by the change in background, i'm also moving house currently and using a temporary setup until I move into my new place, so bare with me as it's not the most visually appealing setup! Also, for any new, existing or aspiring landlords here is a great tool called Lendlord that I use that helps me manage my property and assess other investment opportunities too: https://lendlord.io/sign-up-page-uk-mitch-investing
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  81. Happy Sunday guys! Hopefully this info is useful to know in the run up to ISA season.
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  82. 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 ☺️
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  83. Yeah but you can’t just go from £0 to £1,000,000 overnight, all big money starts as small money and it takes time to acquire. It’s easy to talk about generating millions when you have millions, for everyone else it’s a case of building with what you have.
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  84. Happy Sunday guys! Hope you’ve had a good week. Be sure to enter this weeks competition down in the comments👇🏼
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  85. Buy through the good times and the bad and hold for a long enough duration that it doesn’t make a difference. Check out US stock returns towards the end of the video and you’ll see what I mean
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  86. Your better off buying US stocks from an FX conversion standpoint providing the GBP continues to devalue
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  87. lol yeah, big fan!
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  88. Great Q! Your Stocks ISA is not protected by the FSCS because the free funds could be invested in a QMMF, however in the Cash ISA it is protected by the FSCS so you have protection up to £85k.
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  89.  @James-p3s8l  hey, no problem, I try and keep it transparent as I can as I think it’s important to talk about rather than it being a taboo subject! My salary was £62.5k + bonus - that was in a Supplier Risk Manager Role
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  90. That’s incorrect, you’re covered by the FSCS.
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  91.  @michaelboultwood1567  hey, yes certainly, great suggestion!
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  92. This is incorrect, for the Cash ISA it is protected by the FSCS. The free funds in your stocks ISA is what you’re referring too because it’s invested in a QMMF.
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  93.  @13enny96  in the Stocks ISA the free funds are not protected by the FSCS because they can be invested in a money market fund, whereas your Cash ISA is protected by the FSCS. Same interest rate, just lower risk.
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  94. I like this perspective... and hope you're right too! Wouldn't mind a couple more years of steady growth.
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  95. What a weeks it has been! Tesla earnings were poor, but the future was conveyed in an optimistic fashion resulting in the the stock jumping 11% yesterday, Meta on the other hand is down 12.5% as at writing today due to splurging too much on AI which will likely effect future profitability. Wild couple of days for the portfolio, but how are your portfolios doing? Also, Trading 212 are still offering 1 FREE share valued up to £100 and 1% cash back on all new ISA accounts opened using this link before 30th April: https://trading212.com/promocodes/MITCH (Capital At Risk. Terms and Conditions Apply)
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  96. Thanks so much! I can definitely resonate with some of your points, even though I’ve got a managing agent on my investment property it can still be a right ball ache at times, and I only have 1 😆 I think it’ll be a portfolio that I may keep relatively small for most of the reasons you’ve mentioned though!
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  97. Happy Sunday guys!
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  98. Yeah you’re right. It’s almost impossible to take into account everyone’s individual situations & different counties differing massively in price so I’d just presented averages, but certainly could’ve made a broader point about it! Take it onboard👌🏼
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  99. Yeah so true, I don’t see how it makes a blind bit of difference whether you own 0.1 of a share or 1 share
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  100. Thanks Harry - noted on the above, will look to put something together for you.
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  101. The uninvested cash in your Stocks ISA can be invested in a qualifying money market fund, as such its not protected by the FSCS, whereas your Cash ISA isn’t invested, so it is protected by the FSCS up to £85,000. All interest can be withdrawn once received, withdrawals usually take up to 3 business days.
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  102. Yeah you can, withdrawals can take up to 3 business days to hit your account though
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  103.  @liamcostello3474  lol ffs, I promise I can do basic math 😆
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  104. Yeah the two companies are indirectly mentioned, one is my YouTube channel which is a Ltd Co, the other being my property investments which are also registered as a Ltd co too. Hope that helps clarify!
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  105. Thanks! I’ve done a bit of both, started off investing in equities and now diversified into property. I’ve got the estate agents managing the property so hopefully I get a good tenant and it’ll be less stressful!
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  106. Super interesting to see what Buffet is doing with his portfolio at the moment... it certainly raises questions around whether this inflated stock market is sustainable, especially once we see stimulus packages stopped and the full impact of COVID19 on businesses and indeed the economy!
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  107. I’ve just turned 28! Investing £1k a month is a great position to be in at 21 👌🏼
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  108. Happy Monday guys! Here is my review of some of the top stocks and shares ISA providers for the upcoming tax year. For me I’ll be using Trading 212, but who are you using? Let me know in the comments!
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  109. Overpay your mortgage or invest instead? What are you doing?
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  110. Currently on a blocking spree!
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  111.  @TruRawFuka  certainly on the same wavelength man, I think its only a matter of time...
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  112. If I’m honest I probably won’t have the funds to max the £20k per year limit but I’ll certainly be putting as much money in as I can!
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  113.  @ScipioAfricanus809  yeah no problem at all, I’ve just bought another so I’ll make some content around that new investment soon if it’s helpful!
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  114. Happy Sunday guys, hope you’re all enjoying the UK sunshine (it’s about time!) ☀️ Hope this video was useful, remember though, try not to compare yourself to other people, the only person you’re in competition with is yourself and as long as your trying to improve yourself and your own finances, thats all that counts!
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  115. Happy Sunday guys! Hope you enjoyed this one. Remember to get FREE fractional shares worth up to £100, you can open an account with Trading 212 through this link https://www.trading212.com/join/MITCH or use PROMO CODE “MITCH”. When investing, your capital is at risk. Terms and Conditions Apply. Thanks to Trading 212 for sponsoring this video.
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  116. Winners will be contacted in 3 days time, be sure to check your notifications!
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  117. What’s your favourite stock out of the three? Let me know your stock researching tips too!
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  118. leaving that well alone, anything that can go up 100%+ in a couple of days can very easily drop 90% just as quickly
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  119.  @sadie9386  hi Sadie, I assume you’ve invested the £20k, if so this will just be the fluctuations in account value based on market performance. My portfolio is a little higher risk (there are videos on the channel if you want to check it out for additional context) and sometime my portfolio can change hundreds/thousands of pounds on any given day depending on how volatile the market is, it’s normal to see fluctuations in portfolio value when it comes to investing
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  120. Appreciate that, thanks so much!
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  121. 📊 GET A COPY OF MY STOCK & CRYPTO PORTFOLIO TRACKER HERE: https://www.mitchshoesmith.com/
    5
  122. Q2 earnings could be the trigger point for a big sell off once we see the true effect on company earnings. One BIG meltdown is on it's way!
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  123. I think many investors feel the same way, always keep in mind the long term outlook and how the probability of success massively increases the longer your invested in the market 👌🏼
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  124. Definitely not selling, will likely be investing again soon, will do a portfolio update in the coming weeks 👌🏼
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  125. Vanguard also recommends that investors should smash the like button on this video 😆
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  126.  @timlodge8267  true, but then again so many other major countries have a whopping amount of debt to gdp too
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  127.  @mrphil3879  yes technically they could at some point, hopefully not though!
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  128. No only 212, you can’t invest in two stocks and shares ISA in the same tax year
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  129. That’s such a small time horizon in the grand scheme of things, do it for 10 years and come back and see how you’ve done
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  130. Me too!
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  131. Correct, you would receive the equivalent to the companies share price multiplied by the number of shares you own (which is in theory what you have described above when the stock prices rises above that of your average purchase price)
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  132.  @ibraheemtoure1201  great video suggestion, will definitely put something together on this.
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  133. Let me know what videos you guys want to see on the channel!
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  134. Exponential growth, it’s an amazing thing 😆
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  135. In simple terms a bond is buying corporate or government debt. It allows companies and governments to raise money and in return they provide you (the investor) a fixed rate of return. They’re typically low risk if you invest in high quality credit quality bonds so are seen to be low risk, low return investments - ideal for the more cautious investor. However like you say, ETFs like the S&P500 have provided historically far greater returns than the bond market, so it just comes down to risk appetite and your investment strategy. Hope that helps!
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  136. I appreciate that Stephen, trying my best!
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  137.  @s1lenttoad422  agreed!
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  138. Yeah for sure, probably should’ve made that clear in the video to use an ISA account where possible!
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  139.  @RosskoPeeko  thanks! Definitely a great move to maximise your interest! I think the SIPP will no doubt be next on there list👌🏼
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  140. It should go up if we see rate cuts
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  141. I’ve not nothing against Co-op shoppers, so sure thing 😂 thanks man 🙌🏼
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  142. Well todays stock market revival deserves for a like button smashing session📈
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  143. I’m tempted!
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  144. Hey! I started on Vanguard but then wanted to start buying individual stocks and you can’t do that on Vangaurd so moved over to T212 where I can do both ☺️
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  145.  @contactjd  it says in the terms they will give at least 1 days notice before reducing the rates
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  146. Hey! The property investment is ok, not spectacular but not poor. I would buy another one in future, but I think i'd lean towards getting a house rather than a flat. The service charge has massively jumped up this year unexpectedly and its really cut my margins, I'll ideally look to reduce the debt on it when the mortgage is up to increase monthly cash flow so there is more of a buffer. I do think property is a great long term investment and i will likely buy more - all being well!
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  147. It’s a compound calculator, if you google it you’ll find it 👌🏼
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  148. I do yes
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  149.  @chrisk5981  yeah I’ll put one out soon 👌🏼
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  150. Thanks mate! Yeah tell me about it, couple more days and I’m in! 😂
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  151. Hey, the £20,000 is an allowance on deposits, so you can only invest a maximum of £20k per year across your ISA's. Any gains from capital appreciation or dividends within this account (regardless of value) are completely tax free.
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  152.  @mlze20  yes, its for buying US stocks
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  153. Yeah I believe it’s up to 3 business days - worth bearing in mind!
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  154. My understanding is because the QMMF (qualifying money market fund) is treated as an investment and not as money held with a bank it's not covered by the FSCS. Having said that,, my understanding of how Trading 212 operate is that your investments are segregated to that of the companies assets, so if Trading 212 were to become insolvent, your assets would be protected and not available to Trading 212 creditors.
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  155.  @djkazc1818  love that! I definitely think that’s a sensible approach 👊🏼
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  156. Thanks! For the S&P500 ETF I invest into it’s a GBP fund, so you don’t convert your pounds into dollars 👌🏼
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  157. Yeh agreed
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  158. No I’ll continue investing as normal, funds for the property are separate to my stock portfolio
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  159. What are your thoughts on the current climate of UK retail investors with the current policies and looming election?
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  160. It’s a good question, I probably should to be fair, I’m in a similar spot, pay 40% income tax and use it as a tax efficient pot, it’s all done through work and if I’m honest I rarely look at it! Great to have those calcs and forecasted returns from your SIPP, keep it up man!
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  161. Yeah I’ll do a full portfolio update soon!
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  162. Yeah, my plan is to broaden the topic areas out on the channel so thought now was the right time for a little rebrand
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  163. Hi Jack, thanks! Typically I invest the same time every month, but if i see an opportunity where the market has dipped substantially, i'll usually (funds permitting) invest an additional amount to capitalise on the lower market prices.
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  164. Multiple different considerations to make on whether to max it in one investment versus drip feed throughout year. Historically it’s warranted better performance to lump sum, there is a study that Vanguard did which you can check out for the full details. The only thing I would say is when lump sum investing, you obviously have to consider how comfortable you’d be if the market fell off a cliff tomorrow. And instead you may want more time diversification to spread your investments over time. Would just do a google of advantages and disadvantages to lump sum versus cost averaging to see what your most comfortable with.
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  165. Hi Keith, I think the platform is ok, I prefer Trading212 though for the free ISA account
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  166.  @matthaeus_jacomus  yeah that’s the perks of having a good community! I’m definitely not perfect so together we can help each other out and share info 👊🏼
    4
  167. Thanks! The Global All Cap seems to be a popular fund, great for diversification and gives a solid ROI too, fairly comparable to the S&P500. Simple and boring is an underrated investment strategy!
    4
  168. Thanks for watching guys! If you have any questions leave them in the comments below👇🏼
    4
  169. Yeah totally valid point! Not thought about it in that sense before but your right!
    4
  170. Happy Sunday guys.
    4
  171. It’s a joke man! YouTube need to get a handle on it, it’s becoming absolutely uncontrollable
    4
  172. Great to hear! The first book I ever read on investing was Tony Robbins Money Master The Game, but if you're after a slightly shorter read i'd pick up The Little Book Of Common Sense Investing by John Bogle, or read both and you'll know 90% of all you ever really need to know about investing :)
    4
  173. Yeah all good mate, got it rented, tenant moves in on Saturday 👌🏼
    3
  174. Hey - yes you can certainly add reinvested dividends to the compounding equation - just adjust the % annual return 👌🏼
    3
  175. Thanks! Best to get started now than never ☺️
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  176. Appreciate that, I really do!
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  177. Dividend Income & YT Income - they are my main passive income sources... but like you said in the video, it takes years to build streams of passive income! It took me 6 months of creating YouTube videos before I got paid a single penny!
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  178. Yeah it’s protected in the cash ISA whereas free funds in the stocks ISA isn’t
    3
  179.  @tomroberts3851  hey Tom, really appreciate it man, great to have the feedback too! Yeah I don’t think you can go wrong really with global equity market diversification tbh, I’m sure you’ll do well out of it!
    3
  180. Happy Sunday guys! To get FREE fractional shares worth up to £100, you can open an account with Trading 212 through this link https://www.trading212.com/join/MITCH or use PROMO CODE “MITCH”. When investing, your capital is at risk. Terms and Conditions Apply. Thanks to Trading 212 for sponsoring this video. Remember to share one of your financial goals below to enter the book competition too!
    3
  181. I’m just in the process of buying my first buy to let property with the funds yes 👌🏼
    3
  182. Happy Sunday guys! What are your thoughts on the AI bubble and its potential to cause a market crash?
    3
  183. That’s amazing to hear dude, keep up the great work! Yes you too, have a great Christmas and fruitful New Year 👊🏼
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  184. Haha put your big boy pants on and carry on investing 😆 you’re right though, I’ve gone from being £7.4k up in my T212 account to nearly being in the red in 7 weeks 😂
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  185. Hey! Yes you get £20k per tax year!
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  186. Yeh it’s strange really, not sure why they don’t have a full list of their own funds!
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  187.  @musachi5999  haha not sure how because I live in the Midlands 🤣
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  188. 🏠 Thanks to Lendlord for sponsoring today's video, if you'd like a FREE 3 Month Premium Account to either prospect the property market, or manage your property portfolio, click the following link and create an account: https://lendlord.io/sign-up-page-uk-mitch-investing
    3
  189. Hey, this isn't an area that I'm familiar with, a bit of a Google search though might come up with some information for you.
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  190. Thanks mate, appreciate it!
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  191. Thanks !!
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  192. Appreciate the feedback, still one thing that I struggle with from a presenting perspective. I follow a script to keep what I’m saying concise but it definitely can come across robotic. Will try and free flow the information so it doesn’t come across as such in future!
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  193. Great stuff!!
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  194. Yeh if it’s done via a transfer from an ISA from a prior tax year it shouldn’t have effected your allowance
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  195. Hey! Great stuff - hope you enjoy the course!
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  196. Canon M50 & Shure SM7B mic 👌🏼
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  197. Interest on debt is about 12% of tax revenue I think I heard recently, which is just mentalllll!
    3
  198. Probably laundered Russian money coming in to buy up all the property 😬🤦🏼‍♂️
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  199. Something we can all relate too 😆
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  200. Appreciate that, glad it was useful! Thanks!
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  201. A lot of investors are selling up now because of tax changes and new legislations
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  202. Thanks Matty! Yeh it’s a fair observation, I guess you could compare dividend yields to interest on savings accounts, only big difference being with being invested into a company you’d hope for some big capital gains too along with your dividends over time, so not only does it become a question of how much income can I make, but also how much wealth can I build in the process☺️
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  203. I’d get on ChatGPT to get some initial inspiration!
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  204. Happy Sunday guys! How does your portfolio compare to the top 1%?
    3
  205. 😬
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  206. Hey, glad they’re helpful! This video was the process I followed, it all really started with YouTube and snowballed from there. I’ll try and make some more in-depth videos on the business side of things if it’s helpful 🙂
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  207.  @harrywilson4311  thanks Harry! So true, probably the most important principle there is!
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  208. That’s pretty amazing! Is that through just dividends?
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  209. As Lawrence said mate, but any investments held in an ISA you don’t need to as it’s tax free.
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  210. Yeah it’s a fair point, a lot of these all world funds have c60-70% allocation to the US stock market anyway!
    3
  211.  @Aspirational123  I only did one a week or so ago, I usually do them towards the end of the month when I invest, I’ll probably do a market though in the interim given what’s going on!
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  212. yeah such an important thing to call out. Very easy to go all in when the market keeps moving up and then have your back against the wall when things go south!
    3
  213.  @kw8757  this made me lol
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  214. Really inspiring dude, amazing job you've done over the past few years to get to this point!
    3
  215. 😂😂😂 hopefully better times come in the future, for now though, I can’t see it.
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  216. Hey, I bought them in USD, but trading 212 will do the FX conversion and show my portfolio value in pounds
    3
  217. What Billy said 👆🏼
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  218. I've been with my partner since I was working at McDonalds when I didn't have a pot to piss in, so there is no chance of that lol
    3
  219.  @hishamyafi9981  love that - consider yourself the first competition entrant 🙂
    3
  220. Thanks Peter! Very much in the same boat in my portfolio, but like you say a great time to buy some discounted shares over the coming months!
    3
  221.  @johnbatista8408  I haven’t deleted them manually, I have some blocked words and terms that are common with scammers/bots, apologies if it’s auto deleted!
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  222.  @sharples7  hey, this was the rules previously, but you are now allowed to actively invest in more than one stocks and shares ISA in one tax year. Source here from HL to confirm this here: https://www.hl.co.uk/investment-services/insights/how-many-isas-can-i-have
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  223. Hey! I’d recommend: Money Master The Game - Tony Robbins The Little Book Of Common Sense - John Bogle Think & Grow Rich - Napoleon Hill
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  224. Hey, great question. It largely depends on your strategy on whether the autoinvest is beneficial or not. If you're a long term set it and forget it type of investor that just wants to cost average monthly then it makes sense to use the feature. However, if you want to time the market a little more, or benefit from falling share prices then you could consider manually investing instead rather than using the autoinvest. The pies feature does allow you to autoinvest or do manual investments, so whatever works best for you really :)
    3
  225. Sound advice 👌🏼
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  226.  @aledmeredih  I won’t personally because I’ve got an ISA account and it’s only for the invest account
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  227.  @swordfishK2  hey, that’s only once you’ve enabled the feature, you enable or disable the feature via the “earn interest on shares” tab in the settings section
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  228. Love that!
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  229. Thanks dude. Logistically it’s easier to have just one ISA, and you can only invest in one ISA per tax year anyway so it’s probably wise just to have one where you can.
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  230. Thanks! I did like a 40 minute video around Christmas where I do a full “investing for beginners” type video, would definitely recommend checking that out ☺️
    3
  231.  @joeyoung334  I’d agree with you Joe!
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  232. Thanks Dan! Yes it can change
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  233. Noted! When I complete on the new flat I'll do a video on it :)
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  234. Indirectly yes, there is a 15% withholding tax on dividends. But in terms of tax on any capital gains then no as my investments are held in an ISA account
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  235. Hey, I did a portfolio update not too long ago on the channel which you can check out. An 8% return is a good return on investment, especially if you've achieved that within the space of the last year. & I have to echo Imran's thoughts below, investing really is a long term game, 8-10% return per year is a great return on your portfolio.
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  236. Certainly if you've got the time to do so, could for sure be a decent strategy to build your own version, its what I'm doing with my Trading212 portfolio, but statistically speaking it hasn't turned out too well for the vast majority of investors, but its one to think about :)
    3
  237. Noted 👌🏼
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  238. Just think about being invested all the way until 2030, then being able to look back at 2024 prices and the gains you've made!
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  239. No questions is a stupid question! I missed a couple of days and there were only 22 trading days in the month from memory
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  240. It’s a really good question, I understand it from a traditional banking perspective that Banks lend at a higher rate than they pay to savers which is their net interest margin (profit). Banks can even borrow from the BoE at base rate, then lend that money out to borrowers at a higher rate and profit off that too. However with T212 not having a lending arm like a Bank and just providing a savings rate, I can’t say I’m entirely sure! Let me reach out to them and I’ll come back to you.
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  241. Keep doing what you’re doing, 23 years old with £20k in savings is better than most your age!!
    3
  242.  @D1sturbL1fe  YouTube algorithm doing its work 😂
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  243. Hi James, thanks mate! Agh I know, I use a stock footage website called storyblocks, I think I found one b roll of Surrey and the rest (annoyingly) are American looking properties. I pay a subscription to use the footage but I’ll see if I can find some other good websites that have more UK b roll! I feel like there is so much US tailored content out there but a HUGE gap for UK related stuff. It’s easy to find B roll of a dollar bill, type in British pound and you get nothing 🤦🏼‍♂️🤦🏼‍♂️
    3
  244. 30% would be a big old crash, bigger than 08!
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  245. Hi Karl, the currency conversion happens automatically in app. Whenever the transactions take place it’s always appears in GBP, but it gets automatically converted into USD in order to be able to buy the US shares
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  246. Yeah exactly right Daniel
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  247. Portfolio is up £764 (as of writing this) in the past 6 months 👌🏼
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  248. Very cool! Congrats on that 💪🏼
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  249. Happy Sunday! Be sure to leave your tips in the comments! Also to get free fractional shares worth up to £100, you can open an account with Trading 212 through this link https://www.trading212.com/join/MITCH Or Use PROMO CODE “MITCH”. When investing, your capital is at risk. Terms and Conditions Apply. Thanks to Trading 212 for sponsoring this video.
    3
  250. Hey, cash flow in property isn’t fantastic at the moment, and I believe I’ll get higher ROI from my S&S ISA too
    3
  251. Thanks Duncan, yeah I’m not going to lie it blew my mind! I don’t make that much every month buts it’s consistently mid-high 4 figures a month which is crazy
    3
  252. Nice! Yeah it’s true the FTSE100 has been cheap for a long time now from a PE multiple perspective, just a huge lack of investor appetite to invest in UK equities though 👎🏼
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  253. You basically beat the system 😆
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  254. Smashing it mate, stay disciplined 💪🏼
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  255. Thanks Alex. Very much in the same situation, I just can’t believe how much house prices have skyrocketed now I’m looking at Rightmove again, it’s quite mind blowing!
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  256. Hey! Yeh I tend to agree with that sentiment, but with the proposal of the British ISA whilst the bulk of money comes from institutional investors, there is obviously some thought behind encouraging retail investors to invest in UK equities too
    3
  257. Hey Joe, it’s a great question. Vanguard did a study comparing lump sum investing vs cost averaging and they concluded (historically speaking) you would achieve higher returns from the lump sum investment. The only caveat being, I’m unsure whether that logic still holds if you had say £100k available to lump sum and sacrificed the benefits of an ISA by putting it in a GIA instead.
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  258. Thanks Keith - in terms of regular market updates, I tend to look at websites like CNBC, Seeking Alpha, FinViz & Investor Relations websites of the companies I'm interested in, amongst others. If I'm doing more in-depth research I'll try and find reports which I'll typically get just from doing lots of Google searches!
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  259. Yeah it’s only the invest account where you can opt in
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  260. Thanks Adrian!
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  261. It’s never too late to start, you’ve started earlier than most👌🏼 Appreciate it Harvey! Thanks!
    3
  262. Hey Dave - one of the books that I started out with that really helped with my knowledge (and wasn't too technical either) was Tony Robbins Money Master the Game, its a 500 pager but i found really useful. In terms of maximising returns, it all comes down to risk appetite, whilst I can't recommend specifics, it's probably worthwhile going onto a website like Vanguard, and taking a look at the list of funds that they have available which vary on risk, exposure etc.. Hope that helps Dave!
    3
  263. Great that you save and invest still! What industry are you in?
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  264. lol I know right 😆
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  265.  @nickellis1812  providing its in a stocks and shares ISA account, there is no tax to pay and no self-assessment of any kind required :)
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  266. lol do I, maybe that’ll slide now I’m not there any longer 😆
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  267. Thanks mate. If I'm honest, the short answer is no, I don't really have a dividend strategy. The reason being at the moment I'm focusing on capital growth rather than income growth. When I get older (perhaps towards retirement) I feel like then it would probably make sense to rebalance some of my holdings to higher dividend paying stocks to balance out the capital growth versus dividend income ratio. Only strategy I do have, and I say strategy loosely here as I'm not really a strict dividend investor, is that when I do receive dividends (albeit not anything huge!) is that I make sure I reinvest them back into buying additional shares :)
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  268. As the wise Albert Einstein once said 💯
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  269. Hey Tom, no, no where near enough money invested to make it a full time job! Appreciate it, thanks.
    3
  270. Hi Rob, I’m not following, could you elaborate?
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  271. Portfolio update planned for my next vid, stay tuned for that!
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  272.  @Darthlegopokemon  yes lol
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  273. Hey! I’ve not used it yet but definitely could put something together on it. I know it’s got the TradingView integration on it which is a super useful feature for those looking at more technical analysis
    3
  274. Nope, I won't pull out.
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  275. Yeah I can certainly look into it, I haven’t got any little ones myself yet so haven’t needed to do any research!
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  276. 😂😂 sorry! But yeh it’s not great 😬
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  277. The latter 👌🏼
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  278. Love it 😂😂
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  279. If you guys want one FREE share valued up to £100, open an account with Trading 212 using the link below: http://www.trading212.com/invite/FMSw6Qr3
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  280. Thanks!
    3
  281. Really interesting video - I was doing some research around a potential stock market sell off, and whilst an anomaly in the stock market, the “September Effect” does seem to be statistically weaker in terms of stock market performance from a historical perspective, it’ll be interesting to see what trigger events could cause any potential crash over the next 4-6weeks!
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  282. Global Nasdaq Covered Call ETF for those who haven't come across it, with a 12% dividend yield!
    3
  283.  @michaelhutchinson2854  yeah I've just seen it's available on Trading 212
    3
  284.  @steve6375  yeah it so true, I've just moved into a SIPP, I think its probably worthwhile making a video about to be fair!
    3
  285.  @lawrencer25  yeh I’d never want to wish my life away but hopefully in 20+ years I’ll be in a good position too
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  286. Best time to start investing is always yesterday, as young as possible! Yeh they will ask for your NI number upon registration. Is this a cash ISA or stocks and shares ISA? If it’s a cash ISA you can open a stocks and shares ISA with Trading 212 - hope that helps!
    3
  287. agreed!
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  288. With you on this!
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  289. Hey Stuart, unfortunately not, the code only works if you open an account using the link, or enter the code within the first 10 days - good ol’ T&C’s!
    3
  290. With you on that 👌🏼
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  291. Hi Karl, I can't make recommendations, but I share the kind of investments I'm personally making on my portfolio updates which may be useful.
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  292. It’ll hit all time highs again! Stick with it 💪🏼
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  293. Thanks Harry! Pros and cons I guess, it gives you a tonne of diversification geographically if you don't want to have just exposure to the US market. It's got a higher fees that the VUSA S&P500 ETF, and also doesn't appear to perform quite as well from recent numbers I've just looked at, but then again, major holdings in the fund are your big US stocks. So a little bit of a mixed bag, depends what you're preference is I guess :)
    3
  294. Thanks mate! Yeah I think that’s where having the Ltd co model works best, and can still work, whereas the personal name model perhaps doesn’t work as well nowadays because of the tax changes etc… I think the way I’ve got mine structured with one business funding the buy to let business is fairly sound as things stand 🤞🏼
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  295. I mean yeh, we’re all governed by the policies they put in place
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  296. yep, NIO doesn't pay a dividend so you won't get anything.
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  297. Nice! Good day ahead as well now it’s been added to the S&P500!
    3
  298. Not a massive fan of AT&T stock 😬
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  299. Couldn’t agree more!
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  300. To be fair the CEO of the biggest bank in the country is a legit job, and he still thinks markets will come down this year....
    3
  301. Hey, orders will only be processed when the markets are open (they’re closed on weekends)
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  302. Thanks John, I don’t believe so, I haven’t been able to find how to do it either! I bet it’ll be a feature they add.
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  303. Hey, if you’ve got an existing T212 and have had it for longer than 10 days then you won’t be able to claim the free share. If you update the app you should have an option to open the Cash ISA account in app though
    3
  304. Hi Robert. What you're referring to is your unrealised profit and loss on your position. This is the difference between your cost basis and the current market value. Apps like trading 212 work this out for you but essentially the total value of your position is the current share price multiplied by the number of shares you own. And your cost basis is the average price paid per share multiplied by the number of shares you own. Hope that helps.
    3
  305. love that! You're well ahead of the game planning for it at that age, some people don't get started until they're into their 40's!
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  306. As Benje said above, it doesn't matter what stocks you're investing into, if its in an ISA account its tax free.
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  307. Thanks man! Yeh I feel corporate profiteering more than outstrips wage inflation significantly enough to make it far less of a factor in influencing the inflation rate
    3
  308. Noted!
    3
  309. Hey Gary, on your first point yes that is correct, on the second point, I made the video before the feature went live, I have activated the feature in my account today so my uninvested cash is now invested in the new MMF ☺️
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  310.  @GregorTheOld  sounds sensible to me Greg!
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  311. Who does? Lol 😂😂😂
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  312. appreciate it Stephen, thanks mate! Will certainly see if I can put something together. Routines/mindset/books/websites, that kind of stuff?
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  313. Yeah I’ll be doing the same and then just transfer over to my stocks ISA when I need to invest
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  314. There is a link to my Patreon in the description where you can access all of them ☺️
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  315. You would need to sell the shares which would go back into your brokerage account as cash which you can then withdraw back to your bank account. Sale of shares will be pretty much instant providing the markets are open, a withdrawal to your back can take up to a couple of working days
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  316. Yeh you’re right, you continually lower your cost basis as markets come down so when you recover your break even point will be far lower than someone who bought at the top and waited
    3
  317. would it make a difference if i was 57 years old? The information remains the same regardless of my age
    3
  318. What is your favourite investing quote?💭
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  319.  @user-mw2oe6xc7u  thanks so much!
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  320. If you google compound calculator you’ll find it
    3
  321.  @Sezze123  thanks man! Gosh this one is such a dilemma as there is so many different variables at play, current salary, future salary, time before it’s written off, that it’s not considered as a traditional form as debt by banks, it’s a minefield 🤯 for me I just paid what I was required too out of my salary and treated it like a university tax, but appreciate there is an argument to pay it off to get rid of it so you save on interest longer term. I’ll try and consolidate my thoughts a bit more and perhaps put a video together
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  322. Yeah that’s a super important thing to add to the list of tips! It’s one that’s probably not spoken about enough
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  323. Yeah that’s if you can find a bank account that pays 2.5% interest, most are less than 1% currently
    3
  324. Hey, I invest in the Vanguard VUSA S&P500 ETF, it does pay a dividend but the quarterly yield is only 1.14% currently so it’s not huge if dividends are your main priority
    3
  325. Yeah it’s crazy to think about when you apply that price increase being passed on all the way down the supply chain, no wonder we’ve got high inflation! The 40 yr mortgage unfortunately is to compensate for overpriced houses and underpaid jobs. I read somewhere that in some places in Asia there is “generational” mortgages whereby you pass the debt down the family tree because house prices are so inflated, which is NUTS!
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  326. Sound words as always! 🙌🏼
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  327. Yeh minus GameStop the big growth plays have really struggled due to inflation being so high, suspect it could take a good 12-18 months before we see any kind of recovery across some of the major growth plays; we’ll certainly need inflation to stabilise first i suspect
    2
  328. Yeah it’s a super important point, something I haven’t really thought about if I’m honest at this point! I’ll need to do some digging on that as the years roll on
    2
  329. Hey, good question. ANY profits, regardless of whether you’ve maxed your deposit amount of £20k or not, are tax free.
    2
  330. Thanks Chris. They're two very different strategies and I guess it really depends what you're after, income vs capital growth. My personal view is that I'd say S&P500 would be geared towards more capital growth, with a small dividend being paid. Whereas investing solely in dividend stocks will provide you with more income, but likely lower stock returns... so I guess it just comes down to your personal goals on what you want proportionately more of. I hope that helps! :)
    2
  331. Thanks Kevin, really appreciate it!
    2
  332. Hi Anthony, yeah you're right, if the dividend isn't enough to buy a whole unit you'll need to either top it up with cash, or wait for the next dividend(s) to come in to get you up to the value of 1 whole unit.
    2
  333. Thanks so much man👊🏼
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  334. Agreed!
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  335. It means you can only open ISA account - you can make as many investments as you want within that account. But you can't open 2 ISA accounts and invest in both within the same tax year. Hope that clears it up!
    2
  336. Hey Dominic, a stocks and shares ISA is an account, the S&P500 ETF is an investment you make within your stocks and shares ISA account.
    2
  337. Hey Seb! Yes absolutely, when I complete on my newest purchase I’ll do a video on it / the portfolio itself 🙂
    2
  338. Hey Antoine, I can’t advise but I’m personally holding Unity and I’ll periodically cost average into Tesla too. I think both are solid long term holds 👌🏼
    2
  339. Markets getting ripped a new one at the minute, what are you guys doing with your portfolios?
    2
  340.  @Chewi7zHD  hey! Thanks for the feedback, it’s much appreciated. I talk a lot about index funds as it’s authentic to my own investment strategy, but definitely take your point on board about broadening the content!
    2
  341. lol yep, the UK really are up sh*t creek without a paddle right now
    2
  342. Hey, technically not, you need to be 18, however you could explore looking at a Junior ISA account for him with another provider
    2
  343. Noted - thanks for the feedback! I really struggle with the echo in the room vs increasing volume so I’ve tried to find a balance, will try & work on it for next year!
    2
  344. Probably towards the end of Feb :)
    2
  345. Hey Rohitha, Rich has covered the main points. With your Cash ISA you have FSCS protection on cash, in your Stocks ISA you don’t get FSCS protection on your cash if you opt into the interest
    2
  346. Hiya - if I sold my position and took the profit it’d just sit in my bank account being eroded by inflation. Like you say, long term investing is historically speaking a very good way to generate wealth and one of the ways you benefit the most is from the compound effect taking place over a long period of time.
    2
  347.  @danielcooper4497  if you check the “distributions” tab on the ETF on Vanguard you’ll be able to see the dividend provided and the frequency that the dividend is paid too ☺️
    2
  348. I haven’t no, probably won’t be realising profits for a long time yet
    2
  349. Cheers Alan - I’ve linked most of the equipment I use in the description of the video ☺️
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  350. Hey Simon, I’d always keep an emergency fund on hand, just in case!
    2
  351. You don’t get taxed if you use an ISA account. If you use a general investment account you have to submit a self assessment on gov.uk website
    2
  352. I did a little bit yesterday!
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  353. Best time for it 👌🏼
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  354. Big goal of mine is to do exactly that!
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  355.  @user-op8fg3ny3j  hey! It’s not something that I typically would cover on the channel, but I would definitely recommend Martin Lewis for this kind of stuff!
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  356. Will do Rafael - noted for my video idea list!
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  357. Hey, I’ve just left my money in there, I think there may be a way to transfer over to Trading212 but think it’s a bit of a headache to do 🤦🏼‍♂️
    2
  358. Yeah literally the first person to do it consistently and outside the realms of workplace pension, I definitely agree with you, I wish they taught it in schools, just trying to do my bit through the medium of this channel to help in any way I can!
    2
  359. I try my best to delete them and have so many comment restrictions on to prevent them from commenting, it's a constant battle!
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  360. Hey Davyd, thanks for the heads up, I’ll listen back through it I didn’t pick anything up in the edit
    2
  361.  @davydsivitter4278  ahh ok, thanks for letting me know!
    2
  362. 😬😬
    2
  363. yeah no ISA, I believe its just a General Investment Account, and they're currently only offering investments in US shares too.
    2
  364. Hey, I chose myself but literally only had a few options to chose from
    2
  365. Thanks man 👊🏼
    2
  366. love that!
    2
  367. I know, longer term average base rate over the past 300 years is about 4.5%, we’re just in the transitionary period now though where financially people are taking the hit which is where the challenges lie until things stabilise
    2
  368. No - you can only invest in 1 ISA per tax year
    2
  369.  @vincentlewis6973  thanks!
    2
  370. The government are pressing the "print money" button quicker than I'm smashing the like button at the minute!
    2
  371. Great stuff! Wish you all the success dude!
    2
  372. Thanks Mike, thanks for the book recommendation too!
    2
  373. Thanks Tom! Really good point to make actually, one that would’ve been worthwhile mentioning in the video 👊🏼
    2
  374. I could be wrong but I a decent amount of land is owned privately, a lot of farm land passed down through the generations and I'm pretty sure a lot of it is owned by royalty too. So yeh I don't think we can really go knocking on the King's door for a few acres unfortunately. I guess thats part of the problem really that a lot of it is state owned rather than privately owned.
    2
  375. Thanks dude!
    2
  376. Similar performance to the S&P500 too? That’s available on the Vanguard Uk website too right?
    2
  377. Smashing it 💪🏼
    2
  378. It may or may not have been for filming purposes only 😉
    2
  379. Yeah as long as it all sits in T212, they’re deemed as flexible ISAs so you can move money between them without effecting your allowance. T212 only account for your “net deposits” towards your allowance 👌🏼
    2
  380. Try using the code FMSw6Qr3 - that should work :)
    2
  381. Hey, I’m going to assume as a qualifying invest the same rules apply, if it’s fractional units that have been bought it would be non compliant
    2
  382. any specific reason why those dates?
    2
  383.  @StephanK330  yep, I think you're referring to the velocity of money increasing again and people no longer saving / investing... which could cause some industries to crash whilst others boom! Great point.
    2
  384. Thanks! Regarding the VUSA, it’s what I’ve invested in and it’s working out pretty well so far!
    2
  385.  @Ballerism  yeah I'm very grateful for the offers I get, I'll only put those in front of you guys though that I think may be beneficial.
    2
  386. ❤️
    2
  387.  @matthewpye6186  yeah you’re right mate, perspective is bang on👌🏼
    2
  388. Hey Sue, thanks for asking! It’s super busy! I feel like I’m more busy now than when I was doing 9-5 but grateful that I’m in control of my own time and have nobody to answer to🙂
    2
  389. Thanks dude! Great question.. 1. I started investing when I was 21 with the first pay packet from my banking job 2. Absolutely not, my job helped me a huge amount financially to get where I am today
    2
  390. Hey! It’s possibly because it’s fallen over the weekend and markets are closed, you should get the free share hit your account once the markets open on Monday 🙂
    2
  391. Media publications have been calling a recession for the best part of the past 12-18 months, makes no odds to me personally, it’s just another economic cycle that we’ll all get through
    2
  392. Thank you!
    2
  393. That’s certainly what the data suggests is going to happen
    2
  394. Thanks Mason. I've not personally used it before, I'm always conscious about "copying" others, I'd rather be in full control myself and know that my due diligence and research provides me with good returns rather than rely on an unknown, but just my opinion!
    2
  395. Better days will come! Yesterday and the back end of last week seemed like a bit of a knee-jerk reaction, European markets looking slightly better today so far!
    2
  396.  @AcesizOfficial  👊🏼
    2
  397. Appreciate it man!
    2
  398. I tend to agree despite it going against the grain of my investments. I definitely think there is a short term opportunity in value stocks for potentially the next 6-12months!
    2
  399. Great memory!! I wanted to re-film a video (from about 7 months ago) that was out of focus but also had sound underlying principles that are worth repeating every once in a while ☺️
    2
  400.  @pleaseentername.  if you need encouragement go and have a look at the first video I put on the channel, it’s sh*t in comparison to what I put out now. The best thing to do is get started and learn along the way. I’m still learning now after doing nearly 200 videos mate. DM me on Instagram if you need any more help getting started ☺️
    2
  401.  @pleaseentername.  I’m the same mate, could barely figure out how to turn the camera on and get it focused when I first started 🤦🏼‍♂️
    2
  402. Thanks Scot! Yeh to be honest they’re only in there by default in the 80% life strategy fund which was the first investment I ever made, in hindsight I would’ve gone 100% but you live and learn I guess!
    2
  403. 37% Lifestrategy, 57% S&P500, 6% Investment Grade Bonds :)
    2
  404. Yeah I’m with you on that mate, I’ve got a few individual holdings but the bulk of my investment value is in the VUSA
    2
  405. Thanks!! It’s in Birmingham! Where do you live? Surely down south?
    2
  406. That’s what we love to see 📈
    2
  407. I didn't start investing into after I finished university, you might feel like you're missing out but the truth is its never too late to start :)
    2
  408. For me on the basis of all the sh*t going on in China right now I wouldn’t personally add them to my portfolio, but I do like the company, and comparative to US stocks they are undervalued, but I also believe they’ll always trade at a discount in comparison to US stocks simply because it’s a Chinese company
    2
  409. No particular reason, i just had to draw the line somewhere otherwise the video would be hours long 😆
    2
  410. More than likely - it's something I'll diversify into when I eventually get the capital availability to do so.
    2
  411. Content within the video will hopefully add more context and perspective ☺️
    2
  412.  @Kylelayd  amazing - so glad to hear!
    2
  413. Very valid point 👌🏼
    2
  414. With you on this, exact same approach currently 👆🏼💯
    2
  415. Love to hear it Lamarr!
    2
  416. I was alive last year when the 2020 market crash happened, does that count? xD
    2
  417. Hey Faith, glad they’ve helped! Yeah I have an investing for beginners course on Udemy which usually sells for like £10 with the discounts but can’t say I’ve ever promoted it, it’s just there if people need it 👌🏼
    2
  418.  @2605kieran  that's a solid buy in !! Lets hope it moves soon
    2
  419. Thanks! I’ll add it to my list of video ideas!
    2
  420. Thanks Shaun - much appreciated!
    2
  421. Yeah it’s certainly a factor, lots of QE during COVID, savings rate went up to about 30%, and then all of that surplus/saved cash hit the economy all at once
    2
  422.  @harrythomas8967  yep bang on with both of those points. I've read studies and made videos before on Lump Sum vs Cost Averaging. In essence the more you can invest and the earlier you can invest the better.
    2
  423. Thanks!
    2
  424. That’s what I’d like to see!
    2
  425. Hey Mark, thanks! I don’t think I’ve made an explicit video on this, but just referenced taxes in other videos, I’ll make a note of this though! It’s definitely something I’ll be sharing more specific on in the Shareholder Lab (you can join the waitlist by clicking on the link in description)!
    2
  426.  @sham-em5jw  it’s a great company but not a stock that overly excites me if I’m honest
    2
  427. I don't have it up anymore, I might put something together at some point in the future which I can dedicate more time too. If you have any ideas let me know or DM me on Instagram :)
    2
  428. Agreed! Hold for the long run 👌🏼
    2
  429. Thanks dude!
    2
  430. Thanks Sean! I’m still cost averaging and not deviating at all from the strategy. I did a portfolio update about a week or so ago if you want to check it out ☺️
    2
  431. Yep👌🏼
    2
  432. Hey Harvey, thanks! My degree is in business and management but I did do a few finance modules, other than that a lot of it is just from reading books really ☺️
    2
  433.  @0casey963  thanks!! Yes I’ll add it to my list videos, thanks for suggesting!
    2
  434. Thanks Nik! Yeh I must admit I'm quite surprised too, really didn't expect it!
    2
  435. Respect that 👊🏼
    2
  436.  @lpgmorton  no I think it must calculate monthly but is paid daily, otherwise the compound effect would take over pretty quickly and we'd all be millionaires! :D
    2
  437. I try not too, sometimes the odd one slips out though 😅
    2
  438. Haha, you certainly request a tax break for that 🤣
    2
  439. It's a fair point, whilst I talk a lot about finance / investing on this channel I still do all the things I want to do in my personal life, I don't feel like I'm missing out on anything necessarily by investing money, I still keep money aside to spend and enjoy ☺️
    2
  440. yeah certainly part and parcel of a normal market cycle!
    2
  441. Good to hear Raj, me too, I’m not selling 🙅🏼‍♂️
    2
  442.  @sealscards  yes - I believe within 3 working days
    2
  443. Hey, if you go through some of my videos where I talk about specific stocks, usually I dig into the financial due diligence in more depth :)
    2
  444. Completely respect that, I guess what I’m trying to highlight is only 2/3 years ago I was just working a job with no other income, but now having YouTube as a side hustle allows me to talk about how I’ve accelerated my income in ways I perhaps couldn’t imagine, especially if I only relied on my 9-5, in that way I’m only a couple of steps ahead if you know what I mean, so hopefully that helps everyone relate in some way! 🤞🏼
    2
  445. Hey Danny, If i've understood correctly, no you wouldn't sell to realise the gains, instead you'd continue to hold the position and not sell out. The compound interest comes from the annual returns year on year. E.g. 10% return on £10,000 in year 1 would give you £10,100 (£100 profit), another 10% in Year 2 would give you £11,110 (£110 profit)... so essentially year by year, you should make more money in a consistent returns scenario. Hope that clears things up :)
    2
  446. I'm saying there are major issues, especially here in the UK. Energy crisis, inflation, cost of living crisis, currency crisis, the Gov and BoE have some major decisions to make in the coming months that will be imperative to the economies short term success or downfall.
    2
  447. Thanks mate, I’ll take that! In short, I pick a focus area, put some structure around it so the video flows, and then it’s a few hours of research (probably 2/3/4 depending on the topic), piece it all together into a script and press record 👌🏼
    2
  448.  @nathanhunnisett6199  yeah that’s where I kind of structure the video in a sense before I begin researching. Like for this video as an example, my 4 key topics I wanted to get across were “how the housing market works”, “supply side impacts”, “demand side impacts”, and “how much property prices could fall”. Once I’d figured out that’s how I wanted to structure the video, I then just do a tonne of googling to find out all of the research that fits into those topic areas.
    2
  449. Love that mate!
    2
  450. Thanks Shabaz. It's always worthwhile holding some cash back for the crash, but the difficulty here is knowing when that crash will occur. Like Josh said below there is always an opportunity cost to wait for a correction and timing the market perfectly, so with that in mind its all about balance. Having enough invested so you minimise your opportunity cost of holding cash, but also making sure that in the event of a crash you have some cash to invest at better market prices.
    2
  451.  @alancook2503  noted!
    2
  452. Yeh somewhat feel the same, right now I'm struggling to find any valid reason to invest in them...
    2
  453. I only did one about 4 weeks ago, I guess I’m due for another!
    2
  454. Hey! Thanks Rory. Unfortunately not you do need to be 18 to open an account.
    2
  455. It never gets old 😂 yeah I hope they keep it as is, at the moment they’re doing a great job from a product offering perspective!
    2
  456. according to the theory, just coming off the back of the "winners curse" where property prices peak, and are now in the phase of decline.
    2
  457. Yeah thats a fair reflection, 100% the sole purpose of investing to beat that inflation rate!
    2
  458. Thanks David, yeah he did, hoping to make some good gains again this year 👍🏼
    2
  459. Glad it was helpful Stephen! I suspect 2022 might be a difficult year for returns but hopefully thereafter it’ll up from there!
    2
  460. Hey, yes certainly. In terms of how long that will take, I’m not too sure!
    2
  461. haha, it's always the case. You buy and the market goes down and when you sell the market goes up lol
    2
  462.  @bapple3942  yeah for sure I’ll add it to my list of ideas. Thanks!
    2
  463. Thanks David 👊🏼
    2
  464. Lol you’ve done what?!
    2
  465.  @Mp-hn2sr  appreciate that mate, thanks so much! Glad you're enjoying the vids!
    2
  466. Thanks!! Yeah you can split your allowance between a cash ISA and stocks ISA, so £10k in each for a maximum deposit of £20k per tax year.
    2
  467.  @reddsmith752  spot on, thanks Redd 👌🏼
    2
  468. Haha yeh, until you look at inflation 😂☠️
    2
  469. Let’s go 👊🏼
    2
  470. Thanks! Yeah I definitely see where you’re coming from
    2
  471. Morning! I don’t think I do no, ill put it as a note on my video ideas
    2
  472. Thanks Leanne. Two brokers I've used before are Vanguard UK and Trading 212.
    2
  473. Thanks! Keep going 💪🏼
    2
  474. It’s to lower your withholding tax on dividends for US stocks from 30% to 15%, so definitely applicable. Would reach out to Trading 212 support if you’re unsure.
    2
  475.  @ShuyiLife  appreciate that, thanks for watching and the kind message!
    2
  476.  @irieite9666  😂
    2
  477.  @craig3802  as far as my understanding goes you can only invest in 1 ISA per tax year. So if you receive dividends as cash in your ISA you don’t use, then invest that money, I believe it counts as investing in 2 ISAs in 1 tax year if you’re already actively investing in another ISA… unless anyone knows any different?
    2
  478.  @craig3802  let me try and find out for sure and I’ll revert back mate!
    2
  479. Congrats man 👌🏼
    2
  480.  @Ryan-zm8xp  glad they’ve helped you man, keep it up 💪🏼
    2
  481. I did but recently sold them for a number of reasons, the main one being there were other investments that much made more sense to invest into as opposed to such a low risk, low return asset class.
    2
  482. yeah I've just double checked and the calculation is wrong, thanks for pointing this out. Here is the correct calculation converted to GBP (inclusive of UK tax): Dividend per share: £0.54, Dividend yield 0.60%, Cost Basis £165k.
    2
  483. Amazing to hear! Good luck with your channel dude, wish you all the best with it 👊🏼
    2
  484. I’ve heard rumours on social media but not 100% sure ...
    2
  485. I’d probably invest that £20 in a couple of investing books first, learn more about how to invest and then when your financially ready, start investing into the stocks or ETF’s that align with your risk appetite 👌🏼
    2
  486. Hey, you can just leave it and add to it the following year
    2
  487. Yeh there isn’t one, it literally is a 5.2% cash ISA, best on the market…
    2
  488. Yeah certainly could be!
    2
  489. I hold it within my investment portfolio ☺️
    2
  490. Thanks Darren. Yeah you’re certainly right. The conditions of the pandemic really haven’t helped, even savings rates went up to 30% so people had more money during the pandemic then perhaps they ever have done, a huge chunk of which went into housing because that’s one of the few things people could still their spend money on.
    2
  491. Great to hear Rob - thanks mate!
    2
  492.  @rob-s9482  I don't unfortunately. They don't offer any kind of referral scheme as far as I'm aware.
    2
  493. Hahaha love that analogy, think I’ll have to go watch his video
    2
  494. It's a valid point, i'm about 40% weighted in US Tech currently, with c.55% in an S&P500 ETF (i've got some holdings in Vanguard too), and then about 5% in Financials which i'm pretty comfortable with that slightly more aggressive approach, for now anyway!
    2
  495. Hey Luke! Thanks man. It’s available here: https://www.mitchshoesmith.com
    2
  496. Hey! Local to me, from a practicality & local knowledge standpoint more than anything. I know a lot of investors (especially those I see online anyway) talk about investing up north but I’d rather buy properties close to home, it feels a little more in my control that way, with local contacts & if there are any issues I’m just around the corner to sort stuff out.
    2
  497. Thanks Jubair!
    2
  498. Into my free funds which I can either withdraw or reinvest into another stock
    2
  499. At least they don’t commit daylight robbery on all products then 😆
    2
  500.  @malcolmbirkett1347  yeah UK stocks are great divi payers!
    2
  501. It depends on what your personal tax situation is. Interest on cash would need to be declared to HMRC above the thresholds. I've found an article here which would be useful to read: https://www.gov.uk/apply-tax-free-interest-on-savings
    2
  502. Ah man comments like this make my day! Appreciate the support dude. Thanks so much!
    2
  503. that is such a great analogy, might have to steal that one for a future video ;)
    2
  504. The alternative is to predict the future, which nobody can do, so it depends which way you look at it. I also do reference in the video past performance isn't indicative of future results, obviously capital is at risk when you're investing, its just part of the game.
    2
  505. Yeah exactly! I suspect it’ll only get worse
    2
  506.  @user-nw3eh3jj7j  yeh hopefully rates fall, and if I can pay a lump sum off the debt hopefully I can work the numbers so the monthly cash flow can stay about the same👌🏼
    2
  507. Glad we’re on the same page 👊🏼
    2
  508. Not for me 😬
    2
  509. Hey Simon, the cash isa and stocks isa are two separate accounts, but they’re classified as flexible ISAs so you can freely transfer between without effecting your allowance - it is all linked together in the app though so you can see it all in one place. In terms of which one you choose, that’d depend on what you need from the accounts. If you’re looking to invest in stocks, funds etc then the Stocks ISA can do that. Whereas the Cash ISA is just for interest on cash savings, but you can’t invest in assets directly from the cash ISA, you’ll need to transfer to the stocks ISA to do this. In terms of the trust fund I’m not sure on this point, apologies!
    2
  510. Thanks mate
    2
  511. Are you based in the UK?
    2
  512. Congratulations Colin - you have won the Secrets of The Millionaire Mind book! Please could you send me a DM on Instagram @MitchInvesting so I can get your details to send the book to you.
    2
  513.  @Medge2sc  niceeeeee!
    2
  514.  @michaelheyes1023  haha I’ve got all that to come yet 😂
    2
  515. Ah that’s amazing to hear man, thanks so much!
    2
  516. Hey! Thanks man. Yeh YouTube/IG is just a side hustle at the minute, I’ve got a normal 9-5 which is my biggest source of income currently☺️
    2
  517. Can’t say I’m convinced of a recovery yet either…
    2
  518. Thanks! Damn, I hadn't thought about that - would've been good to include. I've found my ad revenue going up in the past couple of months, but that's probably due to the time of year if I'm honest. It'll probably drop again in January when every has spent their marketing budgets in the run up to Xmas!
    2
  519. Hey Arron, yeah you're completely right. I personally hold a big enough cash buffer as a "rainy day fund" that I'd never need to sell stocks in order to pay for any financial obligations I have like bills and mortgage payments etc..
    2
  520. There are a fair few different dividend ETF's. I'm pretty sure Vanguard have a high yield dividend ETF that might be worthwhile checking out as a starting point and a benchmark for others out there
    2
  521. Thanks Liam!
    2
  522. Hahaha love that, might have to use that as a line in a video 😂
    2
  523. Hey! Thanks! I must’ve missed that update… have you got some more details? I’ll look into it
    2
  524. Hey! Check out my most recent video which basically answers this question ☺️
    2
  525. impossible to say until the central bank roll them out and explain exactly the purpose behind them
    2
  526. Hey - thanks! These are just UK regs enforced by UK regulators, I'm not 100% sure what the regs are in Europe or how they apply.
    2
  527. Thanks dude 👊🏼
    2
  528.  @AcesizOfficial  appreciate you man!
    2
  529. haha, at least you won today...
    2
  530. Thanks for watching guys, and a big thanks for all the support during 2020, it really does mean a lot!! :)
    2
  531. Thanks Arnie - yeh this one is by far the longest on the channel so far! Some sound advice too, definitely agree with you 👌🏼
    2
  532. no idea how you draw a conclusion on a crypto scam to a company who is regulated by the FCA, and regulated across Europe and held to the same CASS rules as the Banks you do hold your money with.
    2
  533. Thanks mate - that would be insane man! I just need to keep it up!
    2
  534. Literally the exact same philosophy as me 😆
    2
  535. Amazing to hear Daniel, thanks so much! Its on my list of videos, will definitely get one put together soon 👌🏼
    2
  536.  @MIKY_1989  thanks! Appreciate you!
    2
  537. Thanks! I'm certainly looking to do the same!
    2
  538. Unfortunately it’s all self inflicted
    2
  539.  @Flav_Dingus  nope, it's only on income (dividends).
    2
  540. Sweeter when you know you’ve worked for it though!
    2
  541. Thank you, wise words!!
    2
  542.  @osamaali3210  hey, yes that is correct. An ISA is a UK thing for UK residents so sadly it wouldn’t apply to you as you’re in Italy.
    2
  543. Thanks!
    2
  544. If I'm honest I thought you were only allowed to invest into one stocks and shares ISA per tax year... or is it slightly different if its a Lifetime ISA?
    2
  545.  @JakeM218  oh nice, I’ll check that out. I already own a house so when you say “retirement” what’s the criteria, is it locked up until you reach a certain age?
    2
  546. Good to hear from someone who’s quite literally been through it all when it comes to the stock market! Thanks for sharing Scot!
    2
  547. And me. The risk and uncertainty is too much for me personally.
    2
  548.  @rob-s9482  haha yeh definitely not!! Leave it to the pro traders instead 😆
    2
  549. Hey! Always a challenging one when the day job demands so much of your time. Perhaps something more passive that you could do once and continue to be paid for it, an online course or affiliate marketing income model would probably work well if your time restricted.
    2
  550.  @Skipperdog106  yeh the used car market is on fire at the moment, I kind of fancied an old Lotus Elise as they just keep climbing in value but didn’t commit when I probably should’ve done over 12 months ago 😕
    2
  551. love to hear it! Good luck with the channel!
    2
  552. Hey guys, thanks for watching! Whilst you're over here be sure to sign up to my free weekly newsletter where I provide updates on the stock market, housing market and much more :https://mitchinvesting.substack.com/
    2
  553. Can’t say I advocate this 😂
    2
  554.  @johnbatista8408  no probs, difficult to keep the scammers at bay whilst not limiting genuine comments. For the benefit of everyone commenting in reference to the above thread I found a related article: https://www.forbes.com/uk/advisor/investing/how-many-isas-can-i-have/#:~:text=Alternatively%2C%20you%20could%20use%20your,in%20the%20same%20tax%20year.
    2
  555. Thanks Adrian!
    2
  556. Hope the vid helped mate!
    2
  557. Makes total sense based on all of the data I’ve looked at!
    2
  558. Yeah and I think eventually that will likely be the way things go, sadly…
    2
  559.  @Peteristrate  yeah you’re right there are certainly cheaper houses available, especially up north. But if you live down south, where houses are typically more expensive, I guess it’s easier said than done moving to a different area, away from family etc.. just to buy a cheaper house. Tough situation to be in nonetheless!
    2
  560. Thanks! The only benefit to Trading212 is there is currently no account fee unlike Vanguard ☺️
    2
  561. Yeah that’s certainly one way to describe it!
    2
  562. Thanks Thomas - wish you all the best with your channel too!
    2
  563. Thanks Umair, appreciate it!!
    2
  564. Hey! I guess it depends what your investment goals are - if you’re after income from your investments, it could be a very good strategy that’s aligned to your goals 👌🏼
    2
  565. Hey, average buy price is $496 👌🏼
    2
  566. Hey Pretudi, thanks so much! If I'm honest a mixture of the two, I'm currently building up the weighting within my individual stock position as I hold a significant chunk in ETF's currently, but over time I'll figure out the split I want to work towards between ETF's versus stocks - potentially a 60:40 split (but I'll need to do some more calculations and forecasts to really nail down those numbers!)
    2
  567. Yeah 212 automatically converts GBP into USD when buying US stocks. You can then see the favourable or unfavourable FX rate difference which is reflected in your overall ROI too
    2
  568. Thanks so much!
    2
  569. Yeah you see that all the time for new builds
    2
  570. Got it on the pad to record a video on it as a couple of you guys have requested ☺️
    2
  571. Thanks dude! Could always get a cheaper car?
    2
  572. Just a personal view but I think it was probably a smart move in the short term Jon👌🏼
    2
  573.  @ipkyoudaily  noted!
    2
  574. Thanks!
    2
  575. I wish I had a crystal ball that could tell me the answer 🔮
    2
  576. Similar to the strategy that I’ve used and it’s worked well for me so far. Obviously the stocks you invest in will dictate returns but historically the S&P500 has provided solid long term ROI
    2
  577. Thanks Shaun - completely agree!
    2
  578. No probs!
    2
  579. Thanks Olly! I guess thanks to all these new brokerage apps its taken away that barrier and made it accessible to everybody nowadays, thankfully! :)
    2
  580. Thanks so much, hopefully one day we’ll get there!
    2
  581. Very coool! I think you may beat me on that one, hopefully I’ll be close though 👌🏼
    2
  582. Thanks man! Keep up the good work man, your priorities are all in the right place 💪🏼
    2
  583.  @bmInvestments01  hey, no I only have 1 account, any other accounts are fake, please report / block it!
    2
  584. I know 😆 got to relate it to my 90% UK audience
    2
  585. With the Invest account you're exposed to capital gains tax and dividend tax rates above the tax free allowances. The FX impact is still the same because you'll inevitably have to convert those dollars back into pounds at some point in the future if you were to sell. It's what I personally do anyway and have a preference towards the ISA.
    2
  586. I mean we’ve all got to get through the tough times somehow, right? 😂
    2
  587.  @dan3885  I’m sure I can try and find a happy medium ☺️
    2
  588. Hey Chesney, I think underlying fundamentals come first and whether it’s a genuinely good long term stock to invest in, then probably looking a bit closer at things like dividend yields compared to similar stocks in the industry etc… 👌🏼
    2
  589. I’m a big fan of US stocks, but feeling slightly exposed by exchange rate risk at the moment I must admit 😬
    2
  590.  @FreaksSpeaks  yeah appreciate not everybody wants to go down the corporate route, and job hopping is easier in some industries than others, still other options to play with though ☺️
    2
  591.  @Whizzer_  yeah it’s true, maybe job hopping every c.2-3 years may be the sweet spot. Also job hopping within the same company too, you can make lateral moves and still get a pay rise depending on the employer
    2
  592. Thanks Daniel!
    2
  593. You can literally invest as little as £1 if you wanted. When you say how long does it take, it depends what your goal is, or the outcome you’re looking for…
    2
  594. Worth it just for the nice weather 😂☀️
    2
  595. Thanks! It's just a website I found on google, pretty neat tool to use to forecast future investment values: https://www.thecalculatorsite.com/finance/calculators/compoundinterestcalculator.php
    2
  596. Yeah I’ve seen that! one of the best out there currently
    2
  597. Hey Adrian, thanks! Yeah sure, so when I said retained earnings of 85%, thats all the income that I get from YouTube (ad revenue, sponsorship, affiliate income etc..), roughly 85% of it is profit after all my expenses are deducted from running the business, hope that makes sense!
    2
  598. Same as me mate, I’ve been looking for a BTL and it’s difficult to make the numbers work on even the run down ones that need a refurb because they’re pretty much going for market value rather than a true discount. Perhaps I’m not looking far a field enough but from the properties I’ve viewed like you say it makes more sense to sit tight and buy in when the market comes down slightly
    2
  599.  @rtoplass1985  yeh completely agree, some I follow invest hours away from their home address but with working a full time job plus YouTube, it'd be too much to be buying properties nowhere near where I live so like you say local is probably best to stay somewhat hands on.
    2
  600. No problem man, glad it motivated you :)
    2
  601.  @Vikas-pv3ie  divi’s get reinvested for VUAG, you would need to declare dividends above £500 per tax year (as at current rates), unless it’s held in a stocks and shares ISA which is tax free
    2
  602. Video coming out tonight 👌🏼
    2
  603. It should do, you just need to deposit a £1 , if that still doesn’t work if you enter the promo code MITCH when your in the app, it should register
    2
  604. Thanks mate!
    2
  605. Ouch!! First year insurance is a killer
    2
  606. Hey Peter, I guess it's a personal preference based on risk vs return. Typically a QMMF should get a marginally higher rate of return than interest rates offered on cash from a building society. With a QMMF it's classified as an investment (even though it is considered extremely low risk) so you don't get protection from the FSCS, whereas your cash held with a building society is, meaning your money is protected up to £85,000.
    2
  607. It can be difficult, I’d definitely try and find something that’s online focused so you can still have as much free time as possible to work/look after kids etc.. I had a mentor once who said to write a list of things you’re good at, then write a list of all of the interests you have, then figure out which of those interests tie in nicely to the skills you have, then focus on the ones which you can monetise and scale. That could be an exercise worthwhile ☺️
    2
  608. Hope it was helpful!
    2
  609. It’s a LTD co so only liable to pay corp tax at 19% on it, and mortgage is £391 a month, I wish I cleared £400 a month profit but sadly nowhere near after accounting for management fees & a recently increased service charge which has hit my margins substantially. I definitely get why it wouldn’t appeal having done it myself for the past 12 months and the stresses that come with it 😂 Nonetheless over the long run once the mortgage gets cleared and property prices increase, and rent will gradually increase too it should be a very good asset with decent passive cash flow too. Feels a bit like “short term pain for long term gain” at the moment though!
    2
  610. Hey Joe, why do you need to sell? I'll add it to my list of video ideas!
    2
  611. Love to hear it!
    2
  612. It's not something that I've looked into if i'm honest...
    2
  613. 👊🏼
    2
  614. Amazing, love to hear it!
    2
  615.  @archibible  hey! Thanks so much. When I first started it was once per week, but then at points I did scale up to 2-3 uploads a week which naturally became unsustainable, so I’ve just been doing 1 a week now for quite some time. Hope that helps!
    2
  616.  @Black-Circle  😂😂
    2
  617. Hey, I’m by no means a specialist with pensions but I suspect you can’t directly from your payslip as it’s a public sector pension, however you could always open a SIPP if you had additional funds to invest and do it separately, you’d still get the tax benefits too.
    2
  618. Absolute shambles mate, embarrassment for the sport, Michael Masi should be sacked IMO
    2
  619. Apologies, it’s this one here: https://youtu.be/oVdRSh1O6Gk?si=r3IGJ8Ln4jpRPLuT
    2
  620. Hey Martin, very much agree with you. I think I might add it to my portfolio very soon!
    2
  621.  @UncleMart9  I think I featured the iShares ETF in this video I did recently: https://www.youtube.com/watch?v=NwLHIoIC6Rs - it might have been a little light touch from memory but a good starting point!
    2
  622. Hi Ryan, I’ve not come across it before, I’ll have to research it!
    2
  623. Yeh as the guys said above, you can buy as many stocks as you like within the ISA, but you can only open one ISA account. Hope that makes sense.
    2
  624. On your point around if Base Rate drops to say 3%, then the cash ISA rate I imagine will drop, in line with all other savings products on the market too.
    2
  625. love it!
    2
  626. That’s the Burrrrmingham accent 😂 my bad!
    2
  627. Happy Sunday guys, hopefully you found this one useful! To get free fractional shares worth up to 100 EUR/GBP, you can open an account with Trading 212 through this link https://www.trading212.com/join/MITCH Or Use PROMO CODE “MITCH”. When investing, your capital is at risk. Terms and Conditions Apply. Thanks to Trading 212 for sponsoring this video.
    2
  628. Haha I've got enough for now, I'm not massively into crypto to be honest
    2
  629. Looking at about 4.5% peak rates
    2
  630. Hey Joe, just to clarify you can have more than one, you just can’t pay into more than one per tax year
    2
  631. Thanks dude!
    2
  632. Thanks Alan! Yes they should land back in your free funds, I'm in the same boat, dividends are so small I can't tell they've been added!
    2
  633. Hey Chris! Yes you can open an ISA with them and just share the allowance between the HL one and T212 one :)
    2
  634. They automatically charge them my bank :)
    2
  635. What stocks are you holding Raj?
    2
  636. Haha thanks mate! Just remember that changing your time horizon slightly can massively change the perspective due to compounding 💪🏼
    2
  637. Hey Jay, I’m currently using the Chase Easy Access Savings account which pays 4.1% interest for the bulk of my cash savings ☺️
    2
  638. Although T212 are launching a cash ISA paying 5.2% soon I’ve been reliably told!
    2
  639. Yeah I think the emotional / psychological benefit is one that you can't put a value on
    2
  640. Thanks!! In T212? Unfortunately not as they’re not publicly listed
    2
  641. Hey, ping me a message @mitchinvesting
    2
  642. Hey Maria, I’m not sure on this one I’ve never had any withdrawal issues - I’d recommend getting in touch with Trading 212’s help center, you can set up a chat inside the app to get some support
    2
  643. Thanks for watching 👍
    2
  644. It should work yes as the free share is applied to the investment account, but not 100% sure if you’ve already opened a Cash ISA already.
    2
  645. Thanks mate!
    2
  646. Did you sell ? You don’t lose if you don’t sell!
    2
  647. Thanks Jubair!
    2
  648. Just from researching on google, there isn’t like a single source I could point you too
    2
  649.  @jossratcliffe8908  yeah it’d be super interesting to get the data on that
    2
  650. Thanks Andy! I’ll definitely take a look, thanks for the recommendation 👌🏼
    2
  651.  @owenkilby7264  hope you found it useful mate!
    2
  652.  @jesytrading9673  will add it to the list of ideas 👍🏼
    2
  653. interest is paid daily, but calculated monthly, so you'd get c£5 over the month, but it'd work out to be about c16p a day
    2
  654. Yeh it certainly is! 🏃‍♂️
    2
  655. Happy Sunday guys! What are your stock market predictions for 2024? Another good year or a year where the market doesn’t perform?
    2
  656. Hey Damian, you can do this through the pies feature in the app & set up automated investments
    2
  657. Yeah you can just sell your shares
    2
  658. Love that! 👌🏼
    2
  659. Yeah exactly, just to get it over the line to begin with, will reassess in a couple of years
    2
  660. Valid point 🙂
    2
  661. Promise to do a more upbeat one next time around!
    2
  662.  @user-op8fg3ny3j  yeh if you’ve got an account already I don’t think you can get the free share sadly. You could try entering the promo code “MITCH” but it may not work if you’ve had the account a while
    2
  663. Great fund for all round diversification and historical returns are solid too, I featured it in a video I made about a week or two ago called “The Best Way To Invest In The Market…” if you want to check it out ☺️
    2
  664. Thanks Gavin. What’s your thoughts on the current price movement of BTC & ETH?
    2
  665. Hi David, no the ad revenue goes into a separate business account, all my investment accounts are funded by personal funds / free shares from affiliate links
    2
  666. Hey, i guess it depends what that 29k is for, if it’s a £29k emergency fund with no other use for it then I may be inclined to invest a little more if it was me
    2
  667.  @beth898989  hey, no the two accounts are completely separate so anything in your cash ISA is protected and will only benefit from the interest paid and cannot be impacted by any investments you make in the Stocks ISA
    2
  668.  @andrewsnipe9814  hey Andrew, thanks! Yes I will at some point 🙂
    2
  669. I know man, I’ve blocked so many “keywords” from the bots but it doesn’t stop them 🤦🏼‍♂️
    2
  670. Meh, can’t say I’m interested tbh, think I saw something that said it nearly went bankrupt?
    2
  671. Amazing goal to have!
    2
  672. I sure love a discount
    2
  673. Thanks Jay, get that free share 😉 The only thing I do know is that they are processing the wait list as we speak, but I don't have any other details on how long this will take unfortunately.
    2
  674. Thanks Davyd. Apart from making a £100 investment in a Gold ETF as part of a "£100 challenge" video I did at the start of the year it doesn't make up a material portion of my portfolio allocation. I think it's all Ray Dalio all weather fund that recommends allocating a % of your portfolio to commodities like Gold, might be worth checking that out!
    2
  675.  @MrArnie82  definitely worth it, nice and flat course too!!
    2
  676. Thanks Tom, yes, but I’ll pass that cost on to the tenant though
    2
  677. Thanks Karl! I’ll add it to my list of video ideas, thanks for the suggestion👌🏼
    2
  678. Yeh exactly the same, I’d forgot T212 has the autoinvest feature!
    2
  679. Love to hear it!
    2
  680. Ouch!! That’s a big loss on FX rates, what foreign stock have you invested in?
    2
  681.  @olliebassett3730  ahhhh I feel you man! Hopefully the FX Rates swing around over the coming months for us both lol
    2
  682. I got them from a study that was done where people were just asked for their opinion, so a little subjective for sure! But still nearly double that the median income which is pretty nuts
    2
  683. I have no idea lol, must’ve typo’d the formula, that would make the average gain in net worth 32p per hour then, not 6p 😬🤦🏼‍♂️
    2
  684. Hey Luca, glad you found it useful! In terms of who's pulling the strings on energy prices, it's an international issue largely based on supply. It takes into so many factors like the source of the energy, for example, Russia export a HUGE % of gas to Europe (especially Germany!), and with sanctions on Russia, its taken a huge chunk of supply out of the market. Also things like the weather impact prices, colder weather = higher demand for gas = higher prices. It's a market driven on supply and demand. In relation to your second question, yes you're right, every single year (providing we still have positive inflation), things will become more "expensive". Now thats relative to your income of course, but if your income isn't growing at the same rate or a higher rate than the levels of inflation at the time, things will become relatively more expensive unfortunately
    2
  685.  @LucaPainOfficial  yeah for sure! Can't go wrong with building some side hustles to top up your income!
    2
  686. Great stuff! I’m with you dude!
    2
  687. Thanks dude, appreciate it!
    2
  688. Haha that’s a fair point 😆
    2
  689. Thanks! I’ve used Coinbase and Kraken so far, but heard binance is meant to be good too.
    2
  690. Yeh I work a 9-5 too
    2
  691.  @TataLinoNetwork  I’ve stopped investing the £10 a day since I finished the month, I may have to revisit though if it’s useful to see!
    2
  692. Appreciate it man, thanks 👌🏼
    2
  693. Hi Alan, I’ve always liked Disney as a company. You’re right, they’re not going anywhere any time soon. I think they’re still kind of recovering profits from the pandemic and having to shut all theme parks but I think over the coming years we’ll see the stock head higher again.
    2
  694. Lol this cracked me up 😂
    2
  695. that’s certainly the intention, property is a real slow burner so most of the content will still be stock market related and then the odd video on property every so often ☺️
    2
  696. Yeh, only to revert back to their old investment strategy when things recover 😔
    2
  697. I haven’t completed on the second one yet so TBC on that one. The other is interest only yes.
    2
  698. Hi Brandon, thanks for the video recommendation! I’ll definitely add it to my list and do a deep dive on it 👌🏼
    2
  699. Spot on mate! Keep going 💪🏼📈
    2
  700.  @stetralaw83  that’s because there was only 22 trading days, I missed two days too, I did cover this in the vid 😆
    2
  701. Hey! It’s an interesting point, one I’ve not given too much thought as I’m quite a way off the £85k account value at the moment. It’s probably something I’ll assess nearer the time by looking into the financials of T212 and their AUM at the time. Nothing wrong with protecting yourself though and using a couple of brokers just in case the worst happens!
    2
  702. Thanks for watching guys! What are your thoughts on Amazon stock? Are you invested? What analysis do you guys do when you're valuing a stock?
    2
  703. Hey, thanks! It’ll hit your account as soon as the market opens, just make sure you deposit at least £1 to activate it
    2
  704. Thanks! Yeah that’s definitely one strategy that investors use, I may also look to lump sum off the principle too at points in time as well.
    2
  705. Yeah I understand that, I don’t think I explained that bit particularly well. I was just trying to indicate fees on transactions/accounts more generally and if you’re regularly buying shares (paying 0.5% fee each time), plus your other account fees, or fees you pay for funds, other transaction fees etc, they all really add up over a long duration of time. I agree that the ISA is definitely the way to go to minimise tax liability though!
    2
  706. Haha true that 😂😂
    2
  707. Hey, I pay my managing agent 9.6% of the rental income, so it does definitely add up over time. I've been fortunate that I've had no maintenance to deal with as of yet, but should any issues be reported, the managing agent will deal with those of my behalf. Maybe in the future if I ever find myself with more time on my hands I may take it back in house and manage it myself.
    2
  708. Thanks!! It’s a fair point, you’ve stumped me there lol... think I might have to give this some more thought and come back to you!
    2
  709. It's kind of just one of those things, if I can't control it I try not to worry about it too much.
    2
  710. Thanks Simon. Amazing position to be in! Yeah there is certainly pros and cons to investing in stocks with versus without dividends
    2
  711. Aston Uni, studied Business & Management ☺️
    2
  712. Hey mate, have you tried their support email? Usually they’re pretty good at replying
    2
  713. Great stuff 📈
    2
  714. Yeah agreed
    2
  715. Thanks Pedro, appreciate it man!
    2
  716. Appreciate it Tom, thanks mate!
    2
  717. And me mate, no changes to my approach! Just a little discount on the markets which can only be a good thing long term ☺️
    2
  718. Really appreciate it Gary - thanks for the support!
    2
  719. Can’t say I disagree, sadly.
    2
  720.  @mangeshgokhale4952  yeah I’ve not long seen it. 38 days in his job and has been sacked already, it’s shambolic!
    2
  721. Appreciate it Benje! Thanks man.
    2
  722. Amazing cost basis! I wish mine was that low, I think your right though, hopefully the next 5 years will be great for investors! Lots of promise IMO 👌🏼
    2
  723.  @steve6375  they earn interest on the deposits at a higher rate paid back to us
    2
  724.  @steve6375  yeh T212 make a mark up on the 5.2% they offer us, they just take less profit than other providers and pass more savings onto us!
    2
  725. Yeah I just pay the FX fee whenever I buy and sell individual stocks. The ETF I hold is denominated in GBP though so not FX fees on that 👌🏼
    2
  726. Appreciate it Paul, thanks so much👌🏼
    2
  727. Thanks! It’s because it’s a buy to let rather than a residential purchase
    2
  728. I love a discount
    2
  729. Hiya - I certainly am!
    2
  730. Has anyone else experienced FX rate losses on their portfolios? Let me know how you guys are approaching this!
    2
  731.  @ChocolatèBoss91  I’m not 100% sure, I don’t use them. I think you can cancel the pie as far as I know
    2
  732. Yeah a lot of the stocks in the energy sector have taken a beating, have you had much luck of a recovery over recent days in light of a vaccine? I saw a lot of energy stocks were in the green
    2
  733. Cheers tom!!
    2
  734.  @petermatthews2831  Yeh, I think financials / utilities / healthcare will do better than big tech in the coming months at this rate
    2
  735. The same car, just a 1 series BMW, gets me from A to B☺️
    2
  736. solid play IMO.
    2
  737. Yeah certainly!!🙌🏼
    2
  738.  @daviswatkinsyt  @mitchinvesting
    2
  739. Love this! Sound ideas and mentality to go into the year with!
    2
  740. It’s ok, no better time like the present! In another 4 years time you’ll look back and think “I’m glad I started in 2024”
    2
  741. If you go to Menu > Transactions > Cash Statement, you’ll find your dividends in there along with your account charges and any interest accrued on any cash balances ☺️
    2
  742. Appreciate it, glad you enjoyed it👍🏼
    2
  743. Yeah most bank stocks I know of pay dividends
    2
  744. Yeh the VUSA is a solid play!
    2
  745. Hi Toby - If i'm thinking right i believe its a stock screener on a website called FinViz!
    2
  746. probably not a bad idea that! No idea if it would be allowed though.
    2
  747. Probably the most politically manufactured recession in history potentially
    2
  748. that's true! lol
    2
  749. 😂😂
    2
  750. Not opposed to adding a big Pharma stock like that into the portfolio, would diversify away from a tech heavy portfolio currently!
    2
  751. Yeah true that, if you bought anywhere close to the bottom you’d be quids in
    2
  752. Any US fund / stock there is a withholding tax for UK investors
    2
  753. Thanks! I did find a UK based farmland fun but it’s not publicly traded yet
    2
  754. I literally have the exact same long term investment strategy 😆
    2
  755. Let’s hope so, earnings report will be interest today after the close!
    2
  756. I think it’s fundamentally wrong policies at the wrong time, and extremely poor judgement of the broader macroeconomics and the situations of your normal working class people!
    2
  757. Thanks! It’s automatically applied in the transaction ☺️
    2
  758. Thanks! It’s not, no, I don’t use the pies feature I just manually invest instead
    2
  759. Err I think at the time I wanted to invest into individual stocks so I was happy to move onto T212 as you can still invest in the Vanguard funds on that too. Yeh exactly the same S&P500 ETF on both platforms
    2
  760. Phenomenal gains last night. Long May it continue 👌🏼
    2
  761. I like your sarcasm 😆
    2
  762. I think I bought it from an office furniture store, can’t remember which one though!
    2
  763. Hi Peter, in my opinion its a wise move to have a significant portion of your portfolio into a diversified ETF like the S&P500. Whilst I've rebalanced my portfolio over time the Vanguard S&P500 ETF makes up the largest part of my overall investment portfolio.
    2
  764. Thanks dude !
    2
  765.  @michaelhutchinson2854  drop me an email mate: mitchshoesmithyt@gmail.com, I’ll have a look and see if I can work it into something!
    2
  766. That’s kind of how I’ve felt the last few days, the benefits of costing averaging ey!😆
    2
  767. Love that, real sound advice! Congrats on the success dude, love to hear it 💪🏼
    2
  768. I think there is certainly that nervousness in equity markets right now!
    2
  769. Noted for a future video!
    2
  770. Agreed, the next 6-12months will be a fantastic opportunity to get started!
    2
  771. Thanks, really appreciate it! Yeh for sure, most of the time it simply comes down to consistency and letting the power of compounding work in your favour over time :)
    2
  772.  @frederickrabau8597  I think that's the real unknown and its extremely difficult to put a timeframe on.
    2
  773.  @damiensmart8735  hi Damien, it’s impossible to say what duration is best, let alone time. I would just say do what suits you best. I personally invest monthly because that’s when i get paid, there isn’t a science behind it though in terms of selecting a day or hour to invest in the market. Hope that helps
    2
  774. Thanks mate!
    2
  775.  @charliewiltshire6084  yeah exactly the same thought process as you👌🏼 thanks mate, appreciate the support!
    2
  776. Agreed!
    2
  777. Appreciate it Dan, thanks man!
    2
  778. in simple terms, you just need to invest in assets that go up in value
    2
  779.  @archer24  you’ll have to sell your positions and withdraw the funds, but yes if you do that 👍🏼
    2
  780. Thanks Benje - yeh you'll get there man!
    2
  781. Yeah completely agree! It’s a huge factor that should influence your investments and exposure!
    2
  782. Yeah super important point, thanks for calling it out!!
    2
  783. I think that’s a summary of all we need to know about UK property as a long term asset class in one sentence 👌🏼
    2
  784. Appreciate it Jag, thanks!!
    2
  785. Completely understand and its why time in the market is so important. I remember when I'd been investing for just over 12 months and we saw the market correction of late 2018 and it put my whole portfolio in the red for the first time, that same segment of my portfolio is now up near on 70% a few years later. Just keep buying good quality stocks and over the long run you'll benefit massively.
    2
  786.  @thebaldwatchcollector  difficult time to invest at the moment especially if you’re just starting out, don’t let it get you down man💪🏼
    2
  787. Hi Raj, probably not for a month or so, planning to do an update this week
    2
  788. It’s from the interest rates they receive from banks they hold funds with which are passed on to us
    2
  789. You can withdraw all of it, your investment plus the interest 👌🏼
    2
  790. Thanks Jon, I think it’s a smart move, got a video tonight on 2022 market outlook at it pretty much aligns to what you’ve said about growth stocks vs more defensive stocks into next year 👌🏼
    2
  791. Hey Stuart! It’s a really tough one especially if you planned to use the money to buy a property with as it’s unknown how long all this could go on for. I always say never invest money that you might need within the next 3-5years, but of course hindsight is a wonderful thing! I can’t say what’s right or wrong for you, but depending on what you’re invested in the broader stock market has always historically recovered to all time highs, it’s just a question around how long it’ll take 😕 hope that helps in some way mate, it’s a tough one!
    2
  792. Happy Sunday guys! Remember to get your FREE fractional shares worth up to £100 by opening an account with Trading 212 through this link https://www.trading212.com/join/MITCH or use PROMO CODE “MITCH”. When investing, your capital is at risk. Terms and Conditions Apply. Thanks to Trading 212 for sponsoring this video.
    2
  793. To allow the property to positively cash flow in the short term, with the aim to reduce the principle over the next 2 years to allow me to put it on capital repayment afterwards and for it to positively cash flow still👌🏼
    2
  794. Thanks mate!
    2
  795. Appreciate it CJ, thanks dude.
    2
  796. The money came from the YouTube business so there wasn’t much more I could do with it other than it being sat in the bank anyway, I guess a good reason to invest it in property tbf to get rid of it!
    2
  797. Yes it’s an S3 Elise, amazing car! It’s like a go kart on steroids 🏎️
    2
  798.  @davidkelly1507  thanks! I decided to buy it outright, might make a video on it at some point seeing as they appear to be slightly appreciating in value! I’ve always loved them, my stepdad had an S1 Elise that I took on a track day once which was unreal, always wanted one from then. & whilst I’ve got no kids and only need space for me and my fiancée I thought why not 😂
    2
  799.  @davidkelly1507  yeh the Emira looks unreal, my stepdads got an Evora which is class too!
    2
  800. Good stuff! Thanks Cole
    2
  801.  @Testsweden-l4o  hey, it’s not protected if you opt into the interest on cash feature as that cash may be invested in a QMMF.
    2
  802. Hey Stephen, if you try the chat function you should be able to contact a customer services rep. Thanks! 👍🏼
    2
  803. Thanks mate! Will definitely make a few videos on it ☺️
    2
  804. Cheers Jonny - lets hope so!
    2
  805. Nicely balanced man! Yeh had COVID the last week or so🤒 I’m testing negative now but still got a cough which is making these vids a bit difficult to make 🤦🏼‍♂️
    2
  806. In exactly the same position with the same approach Steve - will just continue to buy as I planned and not deviate from my approach!
    2
  807. Markets forecast 25bps decline by year end, could be looking at peak rates of 4.5% by summer then 4.25% by end of the year, either way, still materially higher than this time last year
    2
  808. I mean who knows, they’re definitely facing into some head winds with lower growth forecasts but for me I think the negative sentiment is overdone. Won’t be long before we’re trading at PE multiples that can’t be ignored.
    2
  809. Thanks Adrian!
    2
  810. thats tough man, sorry you've been put in that position! Worth exploring the job market to see if you can find anything better for your future?
    2
  811. Great Q! Prior to cancelling their dividends my answer would've been Disney all day long, right now, I'm not so sure...
    2
  812.  @pollux901  big fan of ABBV too!
    2
  813. Can’t say I’ve used them before, would you recommend?
    2
  814. Yeah that’s correct, it remains within your ISA
    2
  815. Thanks Davyd !
    2
  816. That's very true, I probably should've mentioned that in the video now I think of it...
    2
  817.  @susanlewis1953  thanks so much Sue 😊
    2
  818. Many are in exactly the same boat mate!
    2
  819. Thanks Paul - great to hear. It was a game changer for me reading those books before I started, it really did set me off on the right path!
    2
  820. Thanks Brian- appreciate the feedback too!
    2
  821. Yeh certainly appears so, at least for now!
    2
  822. I’d only look at platforms regulated by the FCA and backed by the FSCS as a general rule of thumb
    2
  823. I don't think it would matter how many followers anyone single collective group has, fundamentally it all comes down to looking after multi-billion pound organisations, which I still understand to some extent, because without the big companies the economy would be in an even worse position, but even so, in times of economic downturn, there has to be more accountability at the top.
    2
  824. Agreed👆🏼💯
    2
  825. Thanks so much!
    2
  826. This is also the case for withdrawals too! They only count your “net deposits”
    2
  827. Very true, sadly 😂
    2
  828. That’s interesting - thanks for sending that over, definitely worthwhile considering a policy like that!
    2
  829.  @ticketlessTV  it just means in the unlikely event Trading 212 went bust you’d possibly lose the money
    2
  830. Yeah I’m in the same boat tbh
    2
  831. I’d personally keep an emergency fund in a high interest rate savings account. Money market funds are a low risk option for your investments, which should be a separate pool of money to emergency funds/savings IMO.
    2
  832. Yeah I tend to agree, damage limitation to get through the election
    2
  833. Hey, you can get most info off Yahoo Finance in it’s calculated format ☺️
    2
  834. Only as far as checking prices of the physical gold bar (& I’ve looked at silver too), but if I’m honest it would probably be just something “cool” to have rather than an investment. However from an investment standpoint, commodities like gold and silver are typically good investments when the stock market crashes and are obviously a store of value against currency devaluation. In short I guess the answer to the question is no, not right now, but maybe in the future ☺️
    2
  835. Not at the moment ... probably a little too early stages still!
    2
  836. Thanks Benje!
    2
  837. Yes, there are two options with the Vanguard S&P500, either go direct through Vanguard, or you can get the same fund on Trading 212 :)
    2
  838. Agreed on the NFT ownership within games, I certainly see utility in that, just not sure where the investment arm of that comes into play as much, I'm sure time will tell!
    2
  839. Thanks Benje!
    2
  840. 😂 pain in the portfolio right now! Certainly seems like a smart play, FTSE100 specifically is one of very few of the indexes holding up somewhat at the moment!
    2
  841. Valid - try to make too bold claims as I’ll get torn a new one in the comments 😂
    2
  842. Thanks!! I can’t give any advice but that does sound like a well diversified portfolio with global coverage 👌🏼
    2
  843. Yeh I think it depends on what you’re trying to achieve, a number of dividend stocks have a beta lower than 1, and if your purpose is to build a divi portfolio then that’s fine, like you say an alternative is to just pick up a market tracking ETF to minimise volatility & still get decent upside 👌🏼
    2
  844. Exactly the same approach as me :)
    2
  845. It’s just in a high interest savings account
    2
  846. Lol my accountant tried to sell me an EV earlier now you Gavin 😆 might have to consider it after all!
    2
  847. It depends how much you feel the need to geographically diversify, that’ll likely come down to personal risk appetite - no right or wrong answer IMO ☺️
    2
  848.  @owenevans6400  thanks mate
    2
  849. Thanks Jon! J&J is a solid play, good dividend too 👌🏼
    2
  850. I could do a crypto portfolio update soon I guess! It’s been a while….
    2
  851. Happy Friday guys. Thoughts on the current inflation rate? 🤔
    2
  852. not at the moment, my investment time horizon is too long as it stands to take profit on my positions, likely will continue to hold for a while yet before I sell. The only reason I may liquidate a portion of my holdings is to rebalance the portfolio but that would be it.
    2
  853. Thanks Lucas! One tip... consistency! Just keep putting out the best quality content you can on a regular basis and everything will fall into place.
    2
  854. On the Invest account you can opt in and then you’ll see the income appear thereafter
    2
  855. yeah for sure! I think it's something everyone strives for, right?
    2
  856. Thanks! Yeah I certainly can, need to figure out the best way to start bringing a few more property related videos on the channel ☺️
    2
  857. Hey David, I guess it would depend how much capital you need and how long you think it may take to get to that figure. If it’s going to take >3-5 years I’d likely opt for investing, anything less than that I’d probably keep it in a high yield Cash ISA whilst rates are high for a stable return
    2
  858. Hey, no no other accounts! There are 4 or 5 scam accounts pretending to be me. Please block any other account that messages you!
    2
  859. Hey - yes the practise money and real money returns will be accurate. Your returns are defined by the price at which you purchase the shares at in comparison to what the current market price is today. E.g. if you buy 1 share of Amazon at $3,300, but in 6 months from now Amazon shares are $3,400, you will have $100 in unrealised profit, or the equivalent of a 3% return.
    2
  860.  @finnmaes5804  yeah exactly, the Trading 212 portfolio I've been building for about 6 months, so some shares I bought 6 months ago, but I buy more every month so naturally as with any investment the returns will differ day by day depending on what the stock market is doing :)
    2
  861. Yes this is correct Simon
    2
  862. Thanks Joshua!
    2
  863. Hey, I check it a few times a week, but I’m unemotional about it. If the market plummets I’ve historically invested heavily more and I’ll likely not sell at any point at least for the next 5 years!
    2
  864. I know, I noticed it post production, think the heat caused a film on the lens which I didn't realise at the time of recording :( Will make sure its better for next time!
    2
  865. Really appreciate that, thanks so much!
    2
  866. From a personal point of view, my fixed rate finishes in August 2023 and I'll likely opt for a 2 year fixed
    2
  867. its just how it sits on the tripod to get the right angle, don't think it effects sound quality though?
    2
  868. Thanks! I think I might have to bring the stock analysis videos back, it’s been a while!
    2
  869.  @dararyan5292  thanks!
    2
  870. sure, if you leave an investing tip for the rest of the community I'll add you to the list of entrants 🙂
    2
  871. In terms of short term price movements, I have no idea how BitCoin will fluctuate over the next few months, but I do believe in the technology behind it and its future, so for me it'll be more of a mindset of buying periodically and then seeing where I'm at in 5-10 years from now.
    2
  872. appreciate it man, thanks so much!
    2
  873.  @alexchancock  yeah it should work then, may just take a day or two to show up in your account - market is closed right now too so it’ll likely be Monday when the next orders are filled
    2
  874.  @thomasmagrath7529  hey! yes your assets are ringfenced from Trading 212s assets under CASS 6 rules. The way it works with Trading 212 if hypothetically they went under Interactive Brokers would return your assets to you for you to keep or sell
    2
  875. Yes but in your cash ISA it’s protected by the FSCS whereas in your stocks ISA it isn’t
    2
  876. Thanks Aeman, really appreciate it! The only reason I didn’t invest into PLTR was because I’m conscious about over allocating relative to the other positions I hold in the portfolio. Currently it sits at just under 5% of my T212 portfolio (4.84%) which I’m comfortable with, ideally I would like to keep it around that figure ☺️
    2
  877. Hey George, calculator here: https://www.thecalculatorsite.com/finance/calculators/compoundinterestcalculator.php
    2
  878. Thanks Anthony!! Yeh they were one of few lenders left on the table but fortunately worked out
    2
  879. Really appreciate it, thanks so much!
    2
  880. The honest is I have no idea, I personally believe the S&P500 will enter a bear market (so 20% downside from the top), but I’m not sure how severe or for how long, it’s anyones best guess!
    2
  881.  @Chris.Robison  Completely agree, as they say, the stock market is a device to transfer wealth from the impatient to the patient!
    2
  882. With you on this Adam!
    2
  883. Really resonate with the point you made around also doing stuff for yourself, especially the projects that are of interest / enjoyment! I do a lot of DIY, would much prefer to do that rather than pay someone else as I enjoy it 👌🏼
    2
  884. Trading 212 one isn’t looking all to great at the minute! How’s yours?
    2
  885.  @steve6375  yeah, not going to lie being in a default pension fund was a bad decision for me when I compare the returns I’ve got in my personal portfolio over the same time period!
    2
  886.  @King_Harrold  yeah for sure, sound advice! Thanks 👌🏼
    2
  887. Appreciate it man, amazing to hear! I bet you get some healthy dividends off of that now!
    2
  888. Correct that was what the study was based on
    2
  889. Yeh short term we’re in the bin 🗑
    2
  890. I agree with you James, I think we might see some relatively small price reductions but I think most of that is to counteract sellers initial greed. Interesting point about people having more money despite rising living costs, whenever I go down to my local shops of a weekend they’re always rammed, busier now than ever before, I think a lot of it is blown out of proportion in the media.
    2
  891. I’m a supplier relationship manager
    2
  892. I work in Banking in a supplier risk/relationship management role
    2
  893.  @yemisafiu5891  hey, if you’ve deposited £1 into your account it should appear! If it’s not in your ISA account, try switching over to your Invest account, it’ll be there somewhere. If not, if you enter the promo code “MITCH” in the app, it should appear.
    2
  894. Yeh 25, said it in the video 👌🏼
    2
  895. Appreciate it! Thanks so much!
    2
  896. Bit further north!
    2
  897.  @Jon77777  Birmingham lol
    2
  898. That’s correct yes
    2
  899. Background in Banking but also make money from YouTube too
    2
  900. For your Stocks ISA yes you don’t get FSCS protection on interest on free funds
    2
  901. Thanks! Yeah it’s a bit rough on the portfolio right now, but I’m very much focused on the long term! 🙂
    2
  902. 1. Pick An Investment Strategy. 2. Do Your Research & Due Diligence. 3. Allocate Funds. 4. Open A Broker Account. 5. Invest For The Long Term :)
    2
  903. Pretty sure they've just been listed on Coinbase too!
    2
  904. Thanks Dan 👊🏼
    2
  905.  @owenkilby7264  really interested in the NFT space, been doing more and more research on it lately!
    2
  906.  @guangarmy9246  hey, as long as it’s not one of these fixed savers you can’t withdraw from then yes you can fund the account by using the details on your debit card. Apologies I must have missed your Q on dividends, what was it?
    2
  907. Hey Chris, I’m not entirely sure, someone else did comment to say the ETF needs to be listed on the UK exchange to get listed on a UK platform
    2
  908. Thanks, appreciate it!
    2
  909. Amazing to hear Pat!
    2
  910. Such a great mindset! Thanks James, glad you enjoyed it 👌🏼
    2
  911. How many ads are you seeing on the videos?
    2
  912. Agreed they aren’t comparable as things stand, hopefully that came through in the analysis. Growth rates & earnings of course will be a big variable when it comes to continued stock price growth, especially as the price of some of these chips come down. Great stuff on your portfolio, keep it going 💪🏼
    2
  913. Yeah great company IMO!
    2
  914. Yes unfortunately it’s only valid either at the point of opening an account or within the first 10 days.
    2
  915. Thank you! ☺️
    2
  916. Thanks! It's a good question and one where I reflect to what Warren Buffet once said about the US Stock market, today, tomorrow, even the next 12months, me nor anybody else knows which way the stock market is going to go, but historically, over the long term, you can only ever expect corporate profits (on the whole) to rise, along with inflation and therefore the valuation of the stock market will always increase with it.
    2
  917. Great way to diversify👌🏼
    2
  918. Let me know if you have any questions or video suggestions 👇🏼
    2
  919.  @TruRawFuka  the whole market is in the same place, I think we’re seeing somewhat of a pullback due to increasing bond yields.
    2
  920. That’s the approach I’ll be taking 👌🏼
    2
  921. The £11.95 is just a dealing fee, it’s not a monthly fee, apologies if that didn’t come through correctly. The monthly fee on Hargreaves’s Lansdown is 0.45% up to £250k
    2
  922. Thanks Tom! I work in financial services as a supplier relationship manager ☺️
    2
  923. Thanks!
    2
  924. The two funds are identical :)
    2
  925. Yeah corporations are always quick to hike prices, not so quick when it comes to bringing them down though 🤷🏼‍♂️
    2
  926. Yeh Midlands is where I’ve bought, it’ll be one of those investments where I’ll look back in 10 years from now and work out the capital appreciation, until then I’m not too focused on it. Appreciate the comments! Thanks 🙂
    2
  927. haha thanks dude, appreciate it :)
    2
  928. Really good question, you’re actually better off on Trading 212 as you don’t have to pay Vanguards account fee. To invest in the actual fund the OCF is the same regardless of platform
    2
  929. Meet in the middle and do a quarterly investment? I guess only you can decide 😎
    2
  930. Yeah you can, that’s what I’ve done ☺️
    2
  931. Cheers Andy, glad someone else is on the same wavelength as me! Although I think on reflection I should’ve ended the video with a lighter tone just how you ended your comment😆
    2
  932. Admire that man! Great stuff. Thanks for watching🙌🏼
    2
  933.  @SURF4LIFE84  Appreciate it dude!
    2
  934. Hi Jack - I think it would be more than plausible to see PLTR as a $50+ stock by 2025 if they at least hit or overachieve on earnings and revenue targets. That'd be over 100% ROI from todays prices, c.20% stock price growth per year... I'd happily take that.
    2
  935. thanks Dean! Yeh for sure, he knows more than me lol!
    2
  936. Hey Stefan! Thanks for the support! Yeah so the stocks ISA isn’t protected because of that MMF but the cash ISA is protected by the FSCS up to 85k. Both are flexible so you can freely move money in between the accounts without it affecting your allowance ☺️
    2
  937.  @DougIIGB  if I’m honest I don’t know enough about them as an investment opportunity. I guess it’s a case that a reg is as valuable as the price somebody is prepared to pay for it, I’ve never really looked into them before though so can’t really say! I think I’ll just stick to equities and property 👌🏼
    2
  938. Hey! I’m constantly on websites like CNBC, Yahoo Finance etc.. who usually publish a related article and then I go down the research rabbit hole
    2
  939. Historically yes📈
    2
  940. Really like Disney as an investment, always have!
    2
  941. Hey, yeah it would, especially one that doesn’t tie your money up for a fixed period and is “flexible” so you can withdraw at any time.
    2
  942. Just a 3/4 zipper, im not that suave 😆
    2
  943. Hey, it’s just under £200 a year currently. I’m from Birmingham, usually people spot the brummy accent 😆
    2
  944. That’s cool, probably a good thing to be part of if you’re interested!
    2
  945. Hey, that’s pretty much what I did at the same age, I’m 28 now and it’s worked out pretty well so far!
    2
  946. Unfortunately not
    2
  947.  @user-op8fg3ny3j  totally agree, it’s BS
    2
  948. Hey, I use Trading212 but FreeTrade are also a good option.
    2
  949. You can deposit the full £20k in a single deposit
    2
  950. Hey Joel, I’ll likely diversify by that point, eventually hoping to start buying additional investment properties down the line ☺️
    2
  951. Lol is that my new NFT collection? I should think of a stock ticker to name this YT channel after instead... Yeh I bet there is some people out there, especially high profile people like Steve Aoki making a killing!
    2
  952. appreciate it, thanks so much.
    2
  953. Yeah it’s a killer on returns at the minute!
    2
  954. Thanks David & thanks for the suggestion too. It's an interesting topic that I guess fits into "timing the market" slightly more. My initial thoughts are that over a 20 year period, I think the returns (regardless of investing at the start, middle or end of the month) will largely be the same, but let me see if I can find some more research on it!
    2
  955. Hi Jason, I haven’t looked into the accounts, I know Vanguard do one but would definitely do some research on different providers 👌🏼
    2
  956.  @Jason-xw8tx  love to hear it! Keep up the great work!
    2
  957. Thanks! No I wasn’t - did a few different roles, mainly in risk and supplier relationship management
    2
  958. Thanks! If you go on my most popular videos I have a video tutorial, alternatively if you check out one of my latest portfolio updates I show the process of buying stocks for my portfolio live in the video
    2
  959. Hey Jack - thanks so much! The honest answer is I set it up back in 2017 and never changed it, however I recently left the company I worked for and moving it all into a SIPP so I’ll be reallocating those funds now - I’ll make a follow up video on this☺️
    2
  960.  @joanaj9787  yeah it’s an interest bearing cash ISA so you can’t lose money in that sense, like you say though the rates may change as the BoE changes rates in future so the 5.2% isn’t guaranteed for the future
    2
  961. Thanks dude 👌🏼
    2
  962. Hey, I haven’t heard anything about it, sorry!
    2
  963. I have my own property for my personal residence, just sold & in the process of moving into my second house.
    2
  964. Hi Will, appreciate the offer! Would you be able to DM me on Instagram, it’d be good to connect - @mitchinvesting
    2
  965. Ah man that’s amazing to have a 5 year fixed at 2% atm, I think 5 years from now rates will have come down again, perhaps not as low as they were before but they certainly won’t be as bad as they are now, or at least I don’t think so anyway!
    2
  966. Thanks CJ, appreciate it man! What recovery stocks are on your list?
    2
  967. I bought it in the Midlands, only a small place but a good starter, the further north you go the cheaper properties become (typically)
    2
  968.  @MichelleEaton  north east Birmingham, ironically house prices are expensive in the area but I managed to buy one the cheapest properties in it 😆
    2
  969. Hey, whilst the market is so volatile I’ve gone back to cost averaging into the Vanguard S&P500 ETF to try and reduce some of the volatility in the portfolio
    2
  970. Hey AJ - thanks! It's something that I did for years, and whilst i'm not hugely active investing in the S&P500 ETF at the moment is does make up a big part of my portfolio which i'll continue to periodically invest into.
    2
  971. Appreciate the support, thanks for sticking around!!
    2
  972. Thanks dude!
    2
  973. I know dude it’s really hard, I’ve got blocked words and all sorts of restrictions to prevent bot comments but only so much I can do to stop them. YouTube really need to sort it out.
    2
  974.  @justingrainger6627  accumulating means the dividends are automatically reinvested, the alternative is a distributing fund where the dividends are paid in cash
    2
  975. Verstappen has killed everyone for the past 2 years, don’t rub it in 🤣🤣🤣
    2
  976. Agreed👌🏼
    2
  977. thanks Diego!
    2
  978. they'll show up as "free funds" in your account, and you'll see them under the "history" tab.
    2
  979. Wise words!
    2
  980. Yeah exactly! The US are a little more self-sufficient when it comes to energy as well which is why they’re not quite as effected as us
    2
  981. Thanks! A handful of good ones: These 3 are probably up there as some my favourites: Tony Robbins Money Master the Game, Intelligent Investor & The Psychology of Money.
    2
  982. Tend to agree with you as things are!
    2
  983. Hey Ryan - I think REITs are and have been a great investment, especially with property price growth plus high inflation pushing up rental costs too. Higher profits = higher dividends 👌🏼
    2
  984. I'm sure they'll leave Berkshire in capable hands, but yeh its amazing that Buffet and Munger are still doing what they're doing. I think Buffet is 90 and Charlie Munger is in his late 90's!
    2
  985.  @steve6375  valid point - individual circumstances are important to consider!
    2
  986. Really good video explaining the housing market crash, this is the stuff people pay £9,000 a year to learn at university!
    2
  987. Hey, I don’t, I manually invest instead
    2
  988. thanks dude, completely on the same wavelength. It's nice to see the market move higher, but I equally enjoy it when prices come down and you can get some discounted stocks!
    2
  989. Hey, I’m not 100% sure what bit on the video but if you’re referring to the Vanguard section where I’m showing the growth on the chart, it’s the £400 additions and then any additional ROI on top of that would have been included in the charts returns... hope that makes sense! ☺️
    2
  990. I’d recommend reading the book written by Tony Robbins called Money Master The Game - that really helped me when I first started out
    2
  991. Yeh I think Buffets got it spot on to be honest
    2
  992.  @rebeccagrundy5987  hey Rebecca, it’s impossible to say unfortunately due to the amount of variables at play - personal view is that house prices will continue to come down in the short term but I don’t think it’ll be anything catastrophic
    2
  993. Valid point👌🏼
    2
  994. What are you invested in?
    2
  995. Appreciate it man! Always like seeing other portfolios too 👌🏼
    2
  996. I've not come across it before - but open to checking it out. I'll do some research.
    2
  997. Just found something: https://www.forbes.com/uk/advisor/investing/how-many-isas-can-i-have/#:~:text=Alternatively%2C%20you%20could%20use%20your,in%20the%20same%20tax%20year.
    2
  998. With you on that, I’m confident it will be 📈👌🏼
    2
  999. Thanks Martina!
    2
  1000. Couldn’t have said it better myself! Great insight & guidance man
    2
  1001.  @hfeuhweiufhwej  yeh definitely agree with you
    2
  1002. Yeah as far as i've been told they're not working on a Lifetime ISA at the moment, next is the SIPP which is being launched this summer.
    2
  1003. Hey Danny, thanks! Good question, there are very few differences between investing in an ETF versus an index fund direct. One of the differences being typically ETFs work like stocks where they can be traded throughout the day versus an index fund which typically places orders at the close of the market on the day instead. In terms of fees, roi, diversification they’re the same.
    2
  1004. No you can only pay into 1 stocks and shares ISA per tax year. I only pay into Trading 212, not used vanguard for a few years now
    2
  1005. as the old saying goes the "the best time to start was yesterday but the second best time is now"
    2
  1006. I do usually, I think I forgot on this one
    2
  1007. Thanks for watching!
    2
  1008. Thanks! S&P500 is as diverse as it gets for stocks in the US. If you want more geographical diversification just incase sh*t hits the fan in the US you could look into some of the FTSE fund, total world index funds, or emerging market funds. The alternative is to diversify your asset classes and have exposure to property & commodities too. Hope that helps ☺️
    2
  1009. Thanks man!
    2
  1010. Not a lot unless YouTube clamps down on it, I’ve got word restrictions in my comments section to prevent it, and I delete as many as I can but it’s a continuous losing battle
    2
  1011. Thanks for the feedback, I get it, but another thing to consider is the cost of your time, especially as your progress through the income levels. If you value your time at £100 an hour, and it takes 1 hour a week to do a food shop, you’d be better off paying a premium for convenience. Sometimes it not purely about saving and what the opportunity cost is, but certainly understand where you’re coming from!
    2
  1012. Thanks man, appreciate it!!
    2
  1013. Of course, will hopefully bring some newer vids to the channel soon!☺️
    2
  1014. Thanks mate! Make sure you watch tonight’s vid when it goes live :)
    2
  1015.  @thebaldwatchcollector  7PM 👌🏼
    2
  1016. Thanks! Yeah so if you no longer want to invest in a stock that sits within your pie, you take the % allocation down to zero, and then you can just sell the shares you have and it’ll just go back as free funds for you to either invest in another stock or withdraw into your bank account ☺️
    2
  1017. love that you've got the ideas! You could always look into getting funding (like on dragons den!), or just starting with something smaller and using it as a stepping stone to create a bigger and more impactful business!
    2
  1018. Damn, yes I’ll do it as soon as I’m home!
    2
  1019. Yes if you use the TradingView integration
    2
  1020. I’ve got a video coming out tonight on 2022 stock market outlook and generally speaking investment banks are still optimistic for H1 2022
    2
  1021.  @Missenden  no - just purely long term investing
    2
  1022. Cheers Jon! Sound strategy that is, I’m certainly mindful of the fact that my “growth stocks” are the worst performing stocks in my portfolio at the moment, would’ve been better off investing in the S&P500 instead! Always room for me to learn for next year too☺️
    2
  1023.  @Jon77777  yeh makes total sense to invest passively like that! Thanks Jon - hoping to make a couple of additions throughout the year :)
    2
  1024. Thanks Jack, appreciate it man!
    2
  1025. I swear Balls Of Steel used to be a programme back in the day, I’m sure there’s a reference there somewhere 😂 on a side note, I have cost averaged multiple times in the past 2-3 weeks 😎
    2
  1026. Thanks for the feedback, certainly wasn’t the intention. Just telling my story, which at least is realistic unlike these dodgy scams going round!
    2
  1027.  @urlcool  I don’t - but it has been a decent long term investment to be fair!
    2
  1028. I’ve not completed a self employed tax return before but I don’t believe so as the ISA isn’t subject to any tax.
    2
  1029. Banking background as a supplier/relationship manager
    2
  1030. Solves a lot of the current problems with slow international payments, it could be a solution adopted by financial institutions!
    2
  1031. Thanks Jacob, glad they’re useful!
    2
  1032.  @devmatharoo6789  totally agree! Every £1 invested today is worth far more in the future if your time horizon is long enough 📈
    2
  1033. Unless we get some kind of crazy financial crisis again then I agree
    2
  1034. Yeah it’s super hard if you’re not sure, or just not sure how you would monetise something. I’d always say start with something you enjoy or have an interest in. Like other I enjoy which I could monetise are F1, DIY, travel etc..
    2
  1035. Morning! Great question, the honest answer is I have no idea. The Russia Ukraine situation is still ongoing, on top of all the conflict between Iran and Israel and the US stock market rallied to all time highs only a couple of weeks back. Without sounding flippant it’s a case where there has always been geopolitical challenges throughout history and the market has always performed well enough over the long run, so I can’t say I’m concerned about the impact on financial markets ☺️
    2
  1036. Thanks! Glad it was useful☺️
    2
  1037. Dollar cost averaging is the way to go during all this stock market mayhem!
    2
  1038. Yeah I do agree, makes sense to get the extra gains if your confident in the long term upside of your investment
    2
  1039. Noted! I’ll add it to my list of video ideas, definitely a topic worth covering! Thanks for the idea 👌🏼
    2
  1040. It’s a stocks and shares ISA you’ll need
    2
  1041.  @db1019  thanks! The Psychology of Money is really good!
    2
  1042. Historically it has been, it’s massively underperformed the US market in the past 20+ years
    2
  1043. Just keep going, I started with £400!
    2
  1044. Appreciate the feedback & respect your views, thanks! Hopefully the next one will be better 💪🏼
    2
  1045. Thanks Raj - great stuff!
    2
  1046. Start at 30, never too late!
    2
  1047. Exactly 👌🏼
    2
  1048. Crazy times lol
    2
  1049. Slight correction wouldn’t go a miss! Especially for first time buyers & investors
    2
  1050. Hey, it’s a great point. I made a video on the impact of FX conversion but it was a long time ago. If you really want to go deep into investing then you might want to considering addressing your FX risk by investing in different stocks from different geographical locations with different domestic currencies as an example. Right now I’ve benefitted from favourable FX impact with the GBP devaluing against the USD, but it swings in rounds rounds in the short term.
    2
  1051. Hey! It’s instant transfer between your T212 Cash ISA and Stocks ISA & no they don’t charge at all
    2
  1052. The VUSA is a weighted market tracking index - so it is designed to track the performance of the S&P500
    2
  1053. Appreciate it Rob, thanks mate!
    2
  1054. Hey Jason, sadly not as a transfer, the only way to do it would be to sell your positions in your invest account and start a new ISA. Or you could just leave what you have in your invest account and start a new ISA - there isn’t any other way unfortunately!
    2
  1055.  @rogersj402  thanks mate
    2
  1056. Thanks Sandra!
    2
  1057. Thanks Adrian! I've got some final tweaks to do to it and I'll make it publicly available soon ☺️
    2
  1058.  @colinhaynes7123  hey Colin - thanks so much! It looks like you’ve got a solid asset base across the board, I can’t give specific financial advice but it seems like you’re aligned to your own risk appetite and investment objectives so nothing to add! There’s also nothing wrong with having a tinker in the market too, it definitely satisfies the itch we all have in us! 😆
    2
  1059. Hey Desmond! Thanks! I have to do it manually which is a bit annoying but that’s the only way to do it with the VUSA.
    2
  1060.  @desmondlawani9047  no it’s ok, appreciate the questions. The dividends go into your cash balance on Vanguard, then you just have to place an order for the number of VUSA units you can get with the dividend payout, and use your cash balance at checkout ☺️
    2
  1061.  @desmondlawani9047  Hey Desmond, dividends for the VUSA are paid quarterly. If you click on the following link you'll be able to see the historical dividend payment date (which is roughly the same every year). I'd just put a diary reminder in your phone to check every 3 months so you can reinvest as soon as the dividends hit your account: https://www.vanguardinvestor.co.uk/investments/vanguard-s-and-p-500-ucits-etf-usd-distributing/distributions
    2
  1062. From my income
    2
  1063. Thanks Anthony! I took the same approach with clearing out some of my stocks too, always good to refine a portfolio as and when it’s necessary 👌🏼
    2
  1064. Hey - just purely from an affordability standpoint, I’m not able to buy £5,000 or £10,000 worth of stock at a time and just leave it there, it’s took me a while to build up to this point from cost averaging out of my pay slip.
    2
  1065. Yes ☺️
    2
  1066. Yeah, agreed, so true! It can be easy to lose sight of your own position at times!
    2
  1067. Hey! The only real difference between the LS and the Retirement Funds is that the retirement funds automatically change their portfolio allocation the closer you get to retirement. If your happy with the LS100, then later on down the line you could always rebalance your portfolio to essentially get the same portfolio makeup as the retirement funds. That’s probably what I’d do if I’d already committed to a LS fund.
    2
  1068.  @screambluemurder101  no probs! Ps great username lol
    2
  1069.  @davydsivitter4278  hi Davyd, as Duncan said you can only invest in one ISA per tax year - apologies for the late response!
    2
  1070. Thanks CJ!
    2
  1071. Hey, yes no probs, I'll add it to my list of ideas :)
    2
  1072. Yeah I’m probably a little risk averse from that perspective, and fortunately not living pay cheque to pay cheque which makes it easier to build the cash buffers. I still think everybody should have a minimum of 3 months as an emergency fund though
    2
  1073. Yeah I would suggest you’re possibly right, incremental changes people could probably deal with, but I know when I come to do my mortgage next year I’ll have a shock with the interest rates continuing to rise the way they have
    2
  1074. I’ll keep adding to my positions in the meantime but also have been mindful to hold back some cash to lump sum if the opportunity presents itself
    2
  1075. Thanks so much!
    2
  1076. I've heard good things about invest engine! Commission free version of Vanguard from what I know
    2
  1077. Appreciate it man!
    2
  1078. Yeah it’s such an important factor that’s easy to overlook!
    2
  1079. Thank you 😁
    2
  1080. Thanks Harry, really appreciate it!
    2
  1081. I do my best to educate based on research I've completed which has largely come from millionaires/billionaires and simply share the knowledge I've taken on board... that's all.
    2
  1082. For the BTL I used LnC mortgages (just found them on google), if I’m honest though they weren’t great and would probably use another company next time
    2
  1083. Thanks Jacob! Yeah sure I can put something together. Property all going well, planning on doing an update in a couple of weeks, it’s been rented out since the end of August, a couple of minor stresses but no major issues so far! All going well thanks mate 👌🏼
    2
  1084. Thanks! Glad it was useful!
    2
  1085. I have no idea, they're uncontrollable across the whole of YT at the moment
    2
  1086. Congratulations! - you have won the Secrets of The Millionaire Mind book! Please could you send me a DM on Instagram @MitchInvesting so I can get your details to send the book to you.
    2
  1087.  @F1MichaelGT  probably a good thing I don’t have too many Dutch investors watching the channel 😬😂
    2
  1088. It’s certainly a consideration, GBP value against the dollar has declined massively over the past decade or two so if anything it’s been a favourable play historically, but who knows how it will look going forwards, one to monitor for sure
    2
  1089. Hey, it's fluid and fluctuates with the value of the currency changes
    2
  1090. Appreciate that Joe, thanks for sticking around 👊🏼
    2
  1091. Appreciate you Max!
    2
  1092. Hey Jack, I did do a segment on taxation, but if I'm honest, I can't remember which one it was haha. My investments are currently in an ISA so they're exempt from capital gains tax currently. Link to UK government website on ISA's / tax here is useful https://www.gov.uk/individual-savings-accounts/how-isas-work - hope that helps :)
    2
  1093. Noted!
    2
  1094. Money printers have been turned on to bailout pension funds and provide stability which I’m assuming has boosted the pound with added confidence, however we’re still vulnerable in the short term to higher costs and higher inflation due to the weaker pound
    1
  1095. That’s pretty amazing to hear!
    1
  1096. I have no idea, quite a few people have clicked the link in the description and got a free share though!
    1
  1097.  @PaulHardingham  yeah every time someone uses the link we both get a free share
    1
  1098. Haha me neither!
    1
  1099. Thanks Ethan!
    1
  1100. Yeh it’s not great at the minute!
    1
  1101. Thanks, appreciate it 👌🏼
    1
  1102. Yeah it’s a fair point
    1
  1103. Yeah it’s a fair point
    1
  1104. thanks Dom - of course, it was more just to visualise how most people are thinking / feeling right now, the market analysis comes later in the vid :)
    1
  1105. Sound guidance Sasha, always the voice of reason!
    1
  1106. Hey Dan, I have one @mitchinvesting
    1
  1107. Thanks man!
    1
  1108. Hey - you just need to click on managed funds and do a bank transfer, not a card payment
    1
  1109. Hiya, when you say side ISA, you can only invest in one stocks and shares ISA per tax year…
    1
  1110. If you guys want one FREE share valued up to £100, open an account with Trading 212 using the link below: http://www.trading212.com/invite/FMSw6Qr3
    1
  1111. 👊🏼
    1
  1112. Thanks Will, appreciate it!
    1
  1113. Hey - it’s almost impossible to say unfortunately! I’ve got no idea whatsoever where the market will be in the short term, nor does anyone else with any degree of certainty!
    1
  1114. Nice, great split across the board!
    1
  1115. they've not exactly made the best of starts that's for sure!
    1
  1116. I was listening to a couple of analysts on Bloomberg this morning, they agree with your sentiment on gold 👌
    1
  1117. If you search The Compounding Investor (he commented on this video too) think his dividend portfolio is worth like £300k
    1
  1118. Thanks mate
    1
  1119. certainly a controversial one, but I agree too
    1
  1120. The strap line “you’ll own nothing and be happy” was published by the WEF in a video on their Facebook page…
    1
  1121. Nhan Le I’ve taken the exact same approach as you🙌🏼
    1
  1122. Congrats man!
    1
  1123. Hey - yes , you can start with as little as £1 :)
    1
  1124. Thanks dude, appreciate it!
    1
  1125. As an alternative to EVs? Or the stock more specifically?
    1
  1126. TradingView.com ☺️
    1
  1127. Such an amazing position to be in 💪🏼
    1
  1128.  @smeg3519  yeah it’s such an amazing position to be in at 39, plenty of freedom to build up your investments now you’ve not got a mortgage round your neck! Thanks mate 👌🏼
    1
  1129. Cheers Max, appreciate it!
    1
  1130. love that!
    1
  1131.  @Mr_Dave1979  love that Dave!
    1
  1132. Thanks Rahul!
    1
  1133. Love that Neil, and also great that you’ve got something you enjoy doing that’s also an investment too! Thanks for watching & subscribing 👊🏼
    1
  1134. I'm not sure I follow the rationale...
    1
  1135. Yeah that’s why I’d always recommend checking the short interest on a stock, it can be an absolute killer for your returns and the fees from share lending definitely wouldn’t make up for the shortfall
    1
  1136. I’ve heard that Buffet fella is a pretty smart guy! 😆
    1
  1137.  @sweetbunny1332  hey, there are a handful I use, typically I usually go to Bloomberg, CNBC and SeekingAlpha.
    1
  1138. Really appreciate it, thanks so much man!
    1
  1139. let the conspiracy theories begin!
    1
  1140. I don't but you can follow me on IG @mitchinvesting
    1
  1141. If you guys want one FREE share valued up to £100, open an account with Trading 212 using the link below: http://www.trading212.com/invite/FMSw6Qr3
    1
  1142. Service charge & ground rent is quite expensive, it’s around £200 a month
    1
  1143.  @space4adventure  yeah the same happened on this property recently annoyingly! Everyone seems to be hiking their rates just generally. I’m also happy to sacrifice a little on the rental income if I need too
    1
  1144. Appreciate that Adam! Thanks!
    1
  1145. Hey Matt - I believe you should be able to move free funds, if you click on the three dashes, click manage funds, select move funds, select the invest account as the top option, ISA as the one below and then enter the amount and it should work...
    1
  1146. Hey - unfortunately I can’t give out personal recommendations as I’m not a qualified financial advisor
    1
  1147.  @derekcole4949  thanks Derek!! Yeah, you’re right, totally get all that with the investment prop, monthly cash flow covers most of those items and I won’t be selling for a long time (I don’t think) so things like solicitor fees and estate agent sale fees are hard to factor in when I’m not looking to sell
    1
  1148. Hi Jack, yes I would recommend 2FA for security, I think you can use any of the authenticator apps, Google, Microsoft etc..
    1
  1149. Thanks man!
    1
  1150. YouTube algo must be a mind reader!
    1
  1151. It is correct yes
    1
  1152. Thanks Michael - I’ll make it available soon!
    1
  1153. Good question, I’m not 100% sure on the answer to that. I would assume not as I think the money would come out of your “free funds” and be a pending buy order. Let me know if you find out though!
    1
  1154. Really appreciate that mate! Based in the midlands
    1
  1155.  @jamesnightingale9593  hi James, the cash ISA isn’t held in a money market fund and is protected by the FSCS. It’s your free funds in your Stocks & Shares ISA that isn’t protected and can be invested into a QMMF.
    1
  1156. Yeah agreed! & the longer you hold onto it, the better those sums become 👌🏼
    1
  1157. Hey, I don’t right now but could consider doing something like that if it would be useful?
    1
  1158. Thanks Andy!
    1
  1159. Hopefully not commenting, does my head in!
    1
  1160.  @sennaisthebestngl  hey, unfortunately you can’t open an account until your 18, but I admire you thinking about it at your age! The only thing you could do is get your parents to open a Junior ISA for you but they would have to contribute to it on your behalf I believe.
    1
  1161. Thanks Simon! I only include property equity as part of my total portfolio value
    1
  1162. lol the "don't forget to smash the like button" cracked me up, they're getting good these bots. I'll swing back round to all the comments once I've gone through deleting the bots!
    1
  1163. Hi David, if my understanding is correct, then you won't be liable for any capital gains or dividend tax providing that the account you use with Trading212 is their ISA account, not their Invest account.
    1
  1164. Hi Carl, I didn’t set one up when I first started so never amended it afterwards
    1
  1165. Thanks! I've finally made it public, you can get a copy at: https://www.mitchshoesmith.com/
    1
  1166. Thanks! I’m a little torn on this topic, I think it depends what your financial situation and priorities are. In an ideal world you’d do both, but appreciating that may not be the case, I guess it comes down to the benefits and drawbacks of each. No mortgage = greater financial freedom, bigger investment account = more asset value which could provide greater financial freedom. I think ultimately it comes down to what would make you feel most comfortable, a smaller mortgage or bigger investment account. It’s so hard to give a concrete answer.
    1
  1167. Exactly! Hopefully we'll see a bit of a recovery for some of the growth stocks that got hit the worst over the past few months.
    1
  1168.  @kimsanghyuk97  I know 🙁 thanks!
    1
  1169. 😂😂😂 had to leave it in there
    1
  1170. fingers crossed!
    1
  1171. Appreciate it Jack! Thanks!
    1
  1172.  @mykota2417  that’s another video for another day 😆
    1
  1173. It shouldn’t be expired, try entering the promo code MITCH when you are in the app. You must do this within 10 days of account opening to meet the T&C’s.
    1
  1174. Great stuff! :)
    1
  1175. Thanks so much!
    1
  1176. Thanks 😆
    1
  1177. Lol I try not to swear, don’t think the YouTube algorithm likes it but sometimes I can’t help it 😆 I’m sure someone far more bullish on NFTs than me would be able to justify it, but for me right now I’m not in that boat just yet
    1
  1178. lol thats a first
    1
  1179. Yeh I think it’s stupid as well
    1
  1180. Hi James, thanks mate. I’m not sure to be honest, suspect they’ll just stick with the app at the minute. They just circulated an email on account fees too which is worth looking into if you haven’t seen it already
    1
  1181. My understanding is if you hold them in a General Investment Account then yes, they would be taxed as interest, however if you hold them in a stocks and shares ISA, it’s tax free. Hope that helps!
    1
  1182. It’s a really good point, I guess technically speaking 1 unit buys lots of fractional shares in lots of different companies. But I’m not sure if it’s the fund makeup itself that would be counted as owning fractional shares, or whether it would be the actual amount of units you owned in the fund that would be counted, like if you owned 134.5 units of an S&P500 ETF as an example…
    1
  1183.  @gabrielstevens2679  I think this sits with the legislation to clarify (if they ever do!)
    1
  1184.  @ggoog1845  😂😂😂 I am I promise!!
    1
  1185.  @BaileyMxX  haha I might have to consider that! Although I do quite enjoy mowing the lawn, is that weird? 🤣
    1
  1186. 29 🙂
    1
  1187. Thanks Santosh!
    1
  1188. I’d say as an overall it’s a good thing, from a personal perspective I’d look at a growth index / growth stocks that will help provide extensive capital appreciation over the long term as the stocks mature, but in the short term the downside is increased risk and volatility, especially if you’re individual stock picking as not all stocks will go on to be successful.
    1
  1189. That’s one of the big risks I mention in the video, it’s why it’s so important not to just look at a high dividend yield and assume it’s a good investment
    1
  1190. Thanks so much!
    1
  1191. That’s a shame
    1
  1192. Hey - I personally take the approach of buying in regular intervals (a strategy called cost averaging), and I also try to take advantage of any significant down days, or weeks, for the stocks I actively invest into too.
    1
  1193. They also do this in Australia - residents they buy the land and build the house on the land afterwards.
    1
  1194. Thanks!
    1
  1195. Completely agree! Anything else would be a backwards step IMO.
    1
  1196. Thanks!
    1
  1197. Thanks Moe!
    1
  1198. Thanks Ben - it'll be on the whole balance, so £40k :)
    1
  1199. If you watch the video the sentiment is quite the opposite 👍🏼
    1
  1200. Hey 👋🏼
    1
  1201. Thanks!
    1
  1202. promise the next one won't be!! There has just been a lot to talk about..
    1
  1203. You should be able to unless you've had your account for more than 10 days
    1
  1204. Thanks Lewis - I wish I'd gone for the 100% Lifestrategy rather than 80% like you
    1
  1205.  @oliverminns4016  probably in a couple more weeks, it’s only been a few weeks since the last one ☺️
    1
  1206. haha sounds about right for the market these days, cheap stocks are good stocks apparently!
    1
  1207. In a place called Sutton Coldfield - north Birmingham (ish)
    1
  1208. Thanks Dave, really appreciate it! 👍🏼
    1
  1209. Haha thank you 👍🏼
    1
  1210. Appreciate that John!
    1
  1211. Cheers James!
    1
  1212. Living the dream!
    1
  1213. Yeah they can do, albeit I turn down 99% of them
    1
  1214. Hey, if you check out my latest vid I break down the tax implications which is the reason behind why I use an ISA
    1
  1215. Stocks taking a beating again it appears 🙄
    1
  1216. Thanks 👍
    1
  1217. Completely agree. Thanks so much!
    1
  1218. Video was ready so thought I’d put it up 😆 yeah even though I don’t invest in it I do like the VWRL for that reason!
    1
  1219. Appreciate it! Thanks!
    1
  1220. I only invest for the long term…
    1
  1221.  @AniruddhaJog-od1vm  CGT is only applicable on realised profits, but if these profits sit in a stocks and shares ISA then you’re exempt from all tax.
    1
  1222. Cheers Robert! Certainly great plays for the future 👌🏼
    1
  1223. Thats a pretty good ROI in 5 weeks. Average stock market returns are roughly 9% per year, so to get 9% in 5 weeks, you're doing pretty well!
    1
  1224. they're all as bad as each other lol
    1
  1225. Great to hear dude!!
    1
  1226. Hey Joe, start converting all that knowledge you’ve got into action and you’ll start to reap the rewards!
    1
  1227. 10/10 investing mentality that is! 🧠
    1
  1228. Haha yeh those public sector pensions are better than most!
    1
  1229. Appreciate it Chay! Thanks mate.
    1
  1230. thanks James!
    1
  1231. Hey - couple of points to touch on. If you invest in an individual stock, the dividends are paid in cash and appear in your free funds in your investment account for you to reinvest or withdraw. However if you invest in a ETF, like the Vanguard S&P500 ETF, you can choose the ticker symbol VUAG which automatically reinvests the dividends, or the ticker symbol VUSA which distributes the dividends in cash. Both funds have the same exposure, they just treat dividends differently. There are other funds that offer this but you'll have to check based on which ones you're interested in investing in. Hope that helps!
    1
  1232. I like PayPal - think its got great potential upside!
    1
  1233. Thanks Ryan!
    1
  1234. Thanks James, appreciate it!
    1
  1235. In reference to a massive increase in supply over recent months then yes, I guess the economic function of supply and demand certainly points to NFTs devaluing as more and more come into existence…
    1
  1236.  @jamiebenson4893  hey Jamie, yes you can do this via the Trading 212 pies which has an auto invest feature.
    1
  1237. I give up trying to delete them there is that many 🤦🏼‍♂️
    1
  1238. noted!
    1
  1239. Hiya, yes, its a free share valued up to £100 :)
    1
  1240. Thanks Ali 👊🏼
    1
  1241. Thanks man!
    1
  1242. I understand what you're saying, principally hopefully I explained what I meant correctly!
    1
  1243. Thanks!
    1
  1244. 😂😂😂😂
    1
  1245. Thanks Raj!
    1
  1246. Certainly some great buying opportunities out there!
    1
  1247. No idea how they came to their forecast, there’s lots of similar ones though from some of the big banks who have all come out and predicted declines of c10%. I think the big difference between now and 08 was that lending was far more loose back then than it is now. I think the 9% decline is more than realistic, 20% at a push maybe, I wouldn’t be confident to say we’ll see anything much worse than that
    1
  1248. Hey Dan, all the footage of me comes direct from the camera, but the screen recordings I use QuickTime Player ☺️
    1
  1249. If you’re using an ISA account you don’t need to pay any tax as it’s a tax free account
    1
  1250. Thanks! I don’t (wouldn’t mind one though!)
    1
  1251. 😂😂😂 I had to fill my time of getting the train back and forth and reading c90-100 books helped pass the time over 3 years!
    1
  1252. I think it depends on how you define an asset, it’s an asset in the sense that it fulfils a basic human need (thinking to Maslows Hierarchy of Needs), but residential property i personally wouldn’t class an a wealth producing asset because it’s not increasing my real wealth that can be transferred into cash, unless I take away that need for housing of course. For me I have to agree with the book in that sense, but good to hear another point of view on it!
    1
  1253.  @Bonio84  that’s probably venturing into a different topic area around the opportunity cost of rent versus buy, and depending on the strategy you apply you’ll have some people say that you should rent your main residence and use deposit money to build a cash flowing property portfolio instead. What Kiyosaki is comparing is a residential property versus having a property portfolio, where one creates income and provides equity that you don’t pay for and the other doesn’t. There’s so many different angles that you could approach it from we could create an hour long video on it😆
    1
  1254. Thanks!
    1
  1255. Thanks Rob - no I haven’t seen, how much is it down by?
    1
  1256. Thanks!
    1
  1257. Appreciate it Muhammad!
    1
  1258. the problem is the UK doesn't export much.. we import more than we export
    1
  1259. Thanks man, with you all the way 💪🏼
    1
  1260.  @at5771  thanks man
    1
  1261. Appreciate it Michael, thanks so much!
    1
  1262. Thanks! Yeh thats correct, it’s in T212 T&Cs
    1
  1263. Glad it was helpful!
    1
  1264. Yeah, I think strategically I need to start thinking about some UK based stocks for my T212 portfolio moving forwards
    1
  1265. Cheers mate.
    1
  1266. Thanks Aaron!
    1
  1267. You're covered up to £85,000 by the FSCS, the same as all the other financial institutions - so up to that point you're investments are safe even if they do go bankrupt.
    1
  1268.  @jackharrison3132  love that! Great to hear💪🏼
    1
  1269. Thanks!
    1
  1270. Yeah from a capital gains perspective it works the same
    1
  1271. Yes sorry! New competition on this weeks video so stay tuned!
    1
  1272. Hey Kerry, great question. I guess it would depends what your financial goals are and what you’d like to use the money for, I always think about my investments as a long term financial play for retirement but also short term financial security too should I need a windfall of cash quickly for whatever reason.
    1
  1273. Will check it out!
    1
  1274. Haha congrats man! What did you study?
    1
  1275. Me too mate, I think the underlying message is that property always wins out long term, might be a couple of years of recessionary market conditions but it’ll recover fairly quickly
    1
  1276. It's due to the timings in which I bought the shares at
    1
  1277. Cheers mate, good to hear from someone on the same journey! I’ll be carrying on with Trading212 again this tax year ☺️
    1
  1278. It's a thought I've had, I'm not sure I'll actually do enough content to justify a second channel though, it'll likely just be the odd video slotted in to keep you guys updated / share my experiences (the good and the bad!)
    1
  1279. Hiya - the data feed comes from Google Finance, so as long as the Vanguard Fund is on there it will pull through using the ticker symbol. Any investments you have, and additions you make will need to be manually inputted (regardless of whole shares or fractional shares), and you can include as many holdings as you have within the portfolio. All you need to do is input a ticker symbol, how many shares you have & your average cost basis, the live market data and formulas will do the rest of the work for you ☺️
    1
  1280. Thanks so much, appreciate you watching!
    1
  1281. Haha thanks Lewis, really appreciate it mate!
    1
  1282. I knew there was a joke in there some where 😂
    1
  1283. Keep going man, things will get better 💪🏼
    1
  1284. to be clear, you'll still pay the fund fee (OCF) regardless of what platform you use, but the benefit of using T212 over Vanguard is that T212 don't have an account fee whereas Vanguard charge 0.15%.
    1
  1285.  @2605kieran  Yeah and me mate, got a price target of $26.50 by the end of year!
    1
  1286. Thanks!
    1
  1287. Thanks, appreciate that 🙂
    1
  1288.  @user-op8fg3ny3j  ah mate, I know how you feel, even now I’ll script, record and edit a video and then scrap it at the last minute! Just press publish on the content and just see what happens 🙂
    1
  1289. Yeah you can use it anywhere
    1
  1290. Thanks so much Kawsar!
    1
  1291. Yeah I think a lot of people moved out of London during COVID, especially with the new WFH style of working. London is CRAZY expensive too, upwards of 12x income for a property there 🤦🏼‍♂️
    1
  1292. Thanks Drew!
    1
  1293. Hi Liam - as Dan said, as long as you execute the trade in hours where the market's are open then yes, funds should be available almost instantly.
    1
  1294. It's hard to say, all depends on the value of the USD vs GBP which fluctuates based on macroeconomic drivers!
    1
  1295. Might make a video on it - it’s SURGING right now!
    1
  1296. Thanks!
    1
  1297. It has to be one of, it not the best strategy out there
    1
  1298. Hey, no I don’t own any Coca Cola shares
    1
  1299. Boooom! Love to hear it man!! What’s your favourite stock in the portfolio?
    1
  1300.  @theformula8993  appreciate that mate, thanks!
    1
  1301. Thanks man, appreciate that! 🙂
    1
  1302. Haha I’ll take that 😆
    1
  1303. haha, you can always switch! :)
    1
  1304. It’s not long since the last one, will do another soon🙂
    1
  1305. I wear £14 Zara T-shirts most the time 😂
    1
  1306.  @Raven-Falco  thanks dude!
    1
  1307. If it ever gets added to a major index then yeah it will help for sure.
    1
  1308. yeah its not for me!
    1
  1309. Thanks Alex - appreciate it!
    1
  1310. Yeah it actually gets added to your balance each day, from the £5K I added for the video it’s now on £5,001.38
    1
  1311. Thanks for watching ☺️
    1
  1312. Yeah you know its bad when the IMF step in and undermine the government!
    1
  1313. Nah I don’t have a course, it’s not really something I’ve thought of doing before if I’m honest…
    1
  1314. Thanks George! Appreciate it man
    1
  1315. Thanks! Yeh the dividend yield for the VUSA is currently 1.16%, so reinvested you’re talking average returns of c.9% per year
    1
  1316. Check out his most recent 13F filing
    1
  1317. Hey! Thanks! Unfortunately I can’t tell you what to invest in, this is something you’d have to consult a professional on if you’re unsure.
    1
  1318. Hey Emily, I highly recommend you check out the government website on tax. If you use an ISA account, it’s tax free. But if you use a normal investing account you’ll be subject to capital gains tax. But highly recommend you check out the website for the details 👌🏼
    1
  1319. I get that, but residential property for the most part doesn't put money back in your pocket in real terms. Yes you could get a lodger but most people realistically don't do that. I get the argument for it being used as a means of releasing equity when we're older by downsizing, but from the amount you're able to pull out a cash you would've cost you far more from interest payments than what its actually worth in real terms. It's an option of course, but I think there are better ways to create that equity without having to negatively affect your lifestyle from having to have a smaller property.
    1
  1320. Thanks!
    1
  1321. Thanks dude
    1
  1322. Thanks so much, really appreciate the feedback! Helps me understand what works better / makes the viewing better for you all ☺️
    1
  1323. The free share is yes if you use the link, it’ll be a free share valued up to £100
    1
  1324. Thanks Alex!
    1
  1325. This is a breath of fresh air Graham, it’s nice to see someone talking sense in all of this market madness!!
    1
  1326. my bad if it did, used a stock footage thing which clearly needs reprogramming if thats the case 😂
    1
  1327. It is if you don’t inflationary adjust it, the figure I showed was inflationary adjusted to give us a accurate comparison to historicals
    1
  1328. Thanks dude!
    1
  1329. Yeh rough end to the week!
    1
  1330. probably a wise decision!
    1
  1331. Thanks :)
    1
  1332. I’m not opposed to it, perhaps I’ll do a business related video again soon 🙂
    1
  1333. Haha very convenient timing!
    1
  1334.  @user-op8fg3ny3j  what’s your username mate I’ll scroll through and have a look, I may have missed it
    1
  1335. Thanks!
    1
  1336. Thanks mate!
    1
  1337. Thanks Dan!
    1
  1338. You can do either, I’ve now got Vanguard funds on Trading212, no extra fees involved either ☺️
    1
  1339. Keep going, you’ll get to where you want to be 😊
    1
  1340. Thanks !
    1
  1341. I might do some stock deep dives soon!
    1
  1342. Every word in this video should be echoed out more than the fear injected to the masses from the media outlets. I appreciate you and your message Pat! Keep inspiring.
    1
  1343. Personally the S&P500 is what I’m invested in but will certainly add this to my list of video ideas! Thanks Scot 👌🏼
    1
  1344. I think it’s Individual to everybody and what makes you feel comfortable. For me I prefer to have a good 6-12 month emergency buffer in case sh*t hits the fan so to speak😂 perhaps that’s me just being slightly more risk averse and like you say there are other options if you wanted to run a bit tighter on the cash buffer front if you’ve got your finances in order already👌🏼
    1
  1345. Thanks Lewis! Appreciate it buddy. Great tips too!
    1
  1346. Great to hear!
    1
  1347. Thanks for the suggestion Matthias!
    1
  1348. thanks Owen!
    1
  1349. Appreciate it, thanks so much man!
    1
  1350.  @doktornauka1  hey - I can’t provide financial advice or recommendations unfortunately
    1
  1351. Thanks Santosh!
    1
  1352. Haha yeh that was me, on the way back from London 😆
    1
  1353. Great stuff!
    1
  1354. gosh that just makes them even more expensive!! 🤦‍♂️
    1
  1355. No problem Melisa, now you know why :)
    1
  1356. Hey John! Thanks! The first thing to check is how frequently Chevron actually pay a dividend, it could be quarterly in which case yes the dividend just shows up on your available balance on T212, the numbers quoted were for £1,000 per year, all adding up to £12,000 (or £1,000 per month), so you would need more than £15k invested for the £1,000 per month in dividends (on average) ☺️ hope that helps!
    1
  1357. really appreciate it, thanks so much!
    1
  1358. Thanks for these Simon! I’ve read The Power of Habits, and the audiobook for Atomic Habits, Shoe Dog though I’ve seen before but not read, will have to pick this one up!
    1
  1359. Yeah I hadn’t thought about it like that, hiking interest rates is a slow way to grind the economy and therefore the inflation rate to halt. People on multi year fixed rate deals might not feel the pain of interest rates for another few years naturally making the hike in rates somewhat less effective, at least immediately anyway!
    1
  1360. I can’t tell you what stocks to invest in, that’s down to you to do your own due diligence, but you can check out my portfolio updates where I show you what I’m personally investing into, hopefully that helps.
    1
  1361. Thanks!
    1
  1362. Hi Oliver, I have a private pension with the company I work for so I haven’t looked into Vanguards pension specific funds, suspect they work similarly to any other fund though and act as an investment pot that will grow over time and contribute to your income / taking a lump sum in retirement
    1
  1363. Thanks Christian!
    1
  1364. Glad you liked them, I try to keep it interesting 😂
    1
  1365. Thanks for watching!
    1
  1366. Hey Jamie! Which stock? Energy stocks have been pretty decent across the board the last 6 months or so
    1
  1367. The portfolios unrealised profit declined since market highs of 2021, so now I’m just in less profit than what I was back then. In this video I was more trying to illustrate how continuing to cost average during a bear market is advantageous versus doing nothing at all. Hopefully that clears it up a little! ☺️
    1
  1368. Thanks! No gas in the property which is good, all on electric, and yes I've got buildings insurance for the property too :)
    1
  1369. Thanks Clive!
    1
  1370. really appreciate the support, thanks for checking out the videos!
    1
  1371. It’s possible, 40% is still huge! In America studies say it’s about 60%
    1
  1372. I typically use Yahoo Finance along with the investor relations sites of the individual stocks.
    1
  1373. As in 10% to invest is high?
    1
  1374. I'm certainly not the best at speaking in front of a camera and will continue to work on my presentation & delivery, thanks for your feedback.
    1
  1375. Thanks Adam! Try this link: https://discord.gg/AfuMDZP
    1
  1376.  @adamrobson4013  sorry mate, no idea why it’s not working! Any luck with this one: https://discord.gg/rf2ud9WvFb
    1
  1377. yeh so many stocks are down big at the moment!
    1
  1378. I personally don't no
    1
  1379. Hey, just a personal view but I wouldn’t touch anything that’s leveraged
    1
  1380. Glad you enjoyed it!
    1
  1381. I think they’ve improved it a bit with recent updates
    1
  1382. Not yet, only went on the market yesterday. Got block viewings on Saturday so fingers crossed!
    1
  1383. Thanks for watching Raj!
    1
  1384. Thanks so much man!
    1
  1385. I read another article this morning saying JPMorgan are prediction a 10 - 20% correction very soon... when that will be is a big question mark though!
    1
  1386. VUSA is in GBP definitely - that’s the one I invest in
    1
  1387. Because it’s impossible to time the market
    1
  1388. Both in West Mids
    1
  1389. Possibly, but then again, these were some of his most high profile investments from looking at his Opensea, there wasn't too many others on there that were this big of an investment!
    1
  1390. What are your dividend goals guys?
    1
  1391.  @mitchrils  yeah for sure, £100 a month for doing nothing would be pretty cool!
    1
  1392. Thanks Luke 👊🏼
    1
  1393. It’s unlikely I’ll sell but diversify yeah I think so, just need to find the right stocks to buy at the right price!
    1
  1394. Haha similar to mine mate!
    1
  1395.  @craig3802  if you use another ISA you can’t reinvest in the other as it counts as investing in two ISAs in the same tax year
    1
  1396. Yeah I'm still not convinced that lockdowns and mass QE was the right solution but here we are...
    1
  1397. Hey, for me I’ll just continue cost averaging into the market every single month
    1
  1398. Hey. From a general security perspective, I’d recommend using 2FA, along with activating a passcode to get into the app. This adds an additional layer of security if in the event an email were to be hacked. Also, create strong passwords for your email address as this will prevent any kind of hack into your gmail. Cyber security courses I’ve been on before recommend using 3 random words with numbers and symbols integrated. However, from the perspective of being protected from T212 failing, all client funds are held in segregated bank accounts and are covered by the provisions of the FSCS (protection up to £85k), just like how your money is protected in the same way from putting it in your typical high street bank account. Hope that helps!
    1
  1399. Thanks Ronald!
    1
  1400. Thanks Phil - I hope so too!
    1
  1401. Thanks Daniel!
    1
  1402. I must admit I had to Google who Eddie Munster was, but good job, appreciate the banter 👏🏻
    1
  1403. Yeah that’s pretty insane 🤯 thanks!!
    1
  1404. Thanks! I've not done a transfer into T212 before so I'm not 100% sure. I've found a link to FAQ's on portfolio transfers though. I'd email in though just to be 100% certain if you're unsure. Link to FAQ's: https://helpcentre.trading212.com/hc/en-us/articles/16105401083805-What-is-a-portfolio-transfer
    1
  1405.  @jessecuster4662  thanks mate!
    1
  1406. Thanks dude! I will do... time runs away with me at the minute and don’t get time to speak too much in it lately!
    1
  1407. Cheers Dan!
    1
  1408. Thanks Yasin, much appreciated!
    1
  1409. On my most viewed video there are 1,755 comments, but no idea how many of those are spam comments 🤦🏼‍♂️
    1
  1410. Hi Alex - no that's incorrect.
    1
  1411. 📈💪🏼
    1
  1412. Thanks Rob!
    1
  1413. What age do you guys want to retire by? How much do you plan to live off?
    1
  1414. @MAX ERNEST yes we certainly are lucky to have all the access and availability that we do these days! Thanks for checking out the video Max!
    1
  1415.  @TruRawFuka  I've personally used Vanguard previously :)
    1
  1416. @MAX ERNEST Hey Max! Amazing to hear, great stuff!
    1
  1417. @MAX ERNEST same as me! :)
    1
  1418.  @TruRawFuka  yeh its a fair point, Vanguard have billions in AUM, would suspect your money is safe with them. 212 is still backed up by the FSCS but only protects you up to £85k.
    1
  1419. @MAX ERNEST It's not something I've come across before... I've heard of wikipedia and investopedia but stockopedia is a new one haha. I'll certainly check it out though!
    1
  1420. I mean that’s pretty inaccurate, about 60% of my holdings are in an S&P500 ETF, but open to other suggestions if you have them, I’ve had my portfolio for nearly 7 years now and done pretty well out of it.
    1
  1421. ​ @christophervipond1950  then I could sell and reallocate my funds, thats part of portfolio management
    1
  1422. Really appreciate it Jacob, thanks mate!
    1
  1423. It certainly will, but I imagine probably not materially compared to institutional fund flows. Although it’d be good to get the data on it!
    1
  1424. Yeah Brexit has made us so globally uncompetitive, it’s killing the economy
    1
  1425.  @rob-s9482  any time mate
    1
  1426.  @flightplanaviation.  hey, that’s exactly what I do 😊
    1
  1427. Any reason for calling out June?
    1
  1428.  @nosockaccounts9766  interesting! Thanks for sharing 👍🏼
    1
  1429. As long as the kids are alright! (If you have any) 😆
    1
  1430. Great to hear Dan, glad that the vids are helpful too! 💪🏼
    1
  1431. Agreed! Once in a decade opportunity 💙
    1
  1432. 🤞🏼
    1
  1433. Roughly £650 a month as things stand
    1
  1434. Thanks mate!! Yeh £825 a month if I achieve is insane
    1
  1435. what do you mean by legitimate?
    1
  1436. I know - thanks for sharing though!
    1
  1437. I’ve tried this with ChatGPT before and it didn’t work! What prompts did you use?
    1
  1438. Might be worth exploring other options with a side hustle etc if £20k isn’t enough
    1
  1439. Thanks ☺️
    1
  1440.  @paulvilagos7008  love myself a US stock!
    1
  1441. Thanks Todd! No particular reason, just prefer buying whole shares to be honest, bit of OCD 😂😂
    1
  1442. I’ve not seen 3% short term fixed rates anywhere even with a favourable LTV
    1
  1443.  @havebadday7850  ahhh my bad! 3% is decent, will have to check that out, thanks!
    1
  1444.  @Dr.JubairsFinance  congrats on your progress! I see your videos pop up every now and then :)
    1
  1445. Mindset on point 👌🏼
    1
  1446. Thanks Tom! £40k in income? Probably start a side hustle to be honest, that may be the best way to start making more money. I know what you mean on the BTL front, I was quite lucky with mine that I bought. Easiest way to get into BTL’s is to go up north as houses are cheap but if you don’t live there it’s more of a logistical headache!
    1
  1447. Yeh not a huge appetite to invest in dividend stocks as I’m looking for capital appreciate as opposed to income from my portfolio currently
    1
  1448. Thanks! It’s interest only currently, ideally would like it on capital repayment when I come to remortgage though
    1
  1449. No it still works for those that want to use it
    1
  1450. Damn Andrei, true inspiration man. Keep up the amazing work dude!
    1
  1451. Noted!
    1
  1452. Thanks! Yeah a couple of months back ☺️
    1
  1453. Yeh unfortunately thats one of the challenges being faced into when it comes to balancing supply w/ house prices (especially now they've become so out of control)
    1
  1454. Thanks!👊🏼
    1
  1455. Thanks Dave! Appreciate it 👌🏼
    1
  1456. Thanks Raj!
    1
  1457. Yeh I think geographical location is definitely a key factor to consider, some places will be hit far more than others, and I’m sure some smaller areas won’t even be affected at all
    1
  1458. Invest in a collection of good quality stocks, perhaps even an index during regular intervals and hold it for 30 years… that’s my approach!
    1
  1459. Thanks!
    1
  1460.  @BaileyMxX  yeah it was tough to give up that safety net, it took me a while to build the confidence to get to that decision!
    1
  1461. Hey Dan - thanks! What do you mean exactly, could you be a wee bit more specific please?
    1
  1462. Yeah it’s a c60-65% weighting
    1
  1463.  @lewiswhite5058  hey Lewis, I’d suggest reaching out to T212 or the Bank to see why it’s an issue - I can’t say I’ve ever had any problems
    1
  1464. Hey, I’ve not been in either business so couldn’t really comment. Any business is a good business if you find a niche and do it better than the competition!
    1
  1465. Thanks, glad you found it interesting!
    1
  1466. Thanks!
    1
  1467.  @sweetfreedomGB  yeh for sure, the macro certainly doesn’t look great at the moment!
    1
  1468. I’m not sure if this is sarcastic but I was at Silverstone when it happened watching the race
    1
  1469.  @fn8382  lol
    1
  1470. Agreed, think it’s unlikely
    1
  1471. Great to here mate! 👌🏼
    1
  1472. Hi Jay, yeah will do,I’ll add it to my list, there are so many features on it but I’ve found it super useful to use!
    1
  1473. One big fat debt bubble that will eventually pop... one day 🤔
    1
  1474. Thanks!
    1
  1475. Thanks so much!
    1
  1476. Thanks Finn, I was thinking about doing one when Amazon & Apple release there's as they make up a decent chunk of my portfolio when they come out!
    1
  1477.  @finnmaes5804  no problem man!
    1
  1478. Correct - the concept is exactly the same whether you look at interest on savings accounts or "interest" in the form of share price gains on the portfolio. The only major caveat, and potential flaw with doing compound interest calcs on portfolio growth, is that the likelihood is, returns won't be the same every year, and because of that its near on impossible to create an accurate compounded growth figure for long term returns, but nonetheless still provides a good benchmark.
    1
  1479. Yes but I’d recommend you watch my video “is your money safe with Trading 212” so you know exactly what the FSCS covers and what it doesn’t
    1
  1480. Fractional shares are great, gives full accessibility to buy shares in multiple companies that you wouldn't necessarily be able to buy one full share in!
    1
  1481. Thanks Dale, I’ve got another video scheduled where I’ll release the template with it as I’ve had a couple of requests for it 👌🏼
    1
  1482. Because the money I’ve used sits in a business account, so I cant deposit it into a personal ISA
    1
  1483. Lol wouldn't be surprised at this rate!
    1
  1484. Appreciate it dude!
    1
  1485. No problem ☺️
    1
  1486. If you see value and longevity in the companies where they can return value to shareholders over the long run then you could for sure. Lots of companies in the same boat at the minute. For me they’re too high risk and speculative to be considered a good investment at the moment.
    1
  1487. Yeah I think you're certainly right on that one! Thanks Darren!
    1
  1488. Even if my Trading212 has still taken a beating 😫
    1
  1489.  @rob-s9482  ah thanks Rob, appreciate that mate! Will do my best to bring more good news on Wednesdays vid 😆
    1
  1490. Thanks Tom :)
    1
  1491. Hey David, VOO is only available in the US , the UK equivalent is the VUSA
    1
  1492. You’re just not allowed to invest in two stocks & shares ISA’s during the same tax year
    1
  1493. The only thing I can think to say is, fasten your seatbelts, it's going to be a wild ride!!
    1
  1494. Hi Adam, I'd always recommend you do some research on investing and the different types of investments you can make ahead of investing any of your hard earned cash. I can't advise what to invest into, but in terms of apps to use I personally use Trading 212, but have used Vanguard UK previously too. They have different product offerings but they're two good platforms to look at as a starting point.
    1
  1495. Thanks!! If I'm honest, I haven't actually came across a fully dedicated podcast on investing, but if anyone else has, feel free to let us know!!
    1
  1496.  @EuanCopeland  let’s hope so man, it’d certainly accelerate some life goals 💪🏼
    1
  1497. I’ll keep it interest only for the first 2 years and likely lump sum a chunk off after the first 2 years is up for renewal
    1
  1498. I just did what I could reasonably afford at the time, now I’m self-employed though I’ll be doing my best to make big contributions to my SIPP as its corp tax deductible up to about £60k a year I believe - need to double check this with my accountant though!
    1
  1499. Great book! Tony Robins Money Master The Game was another book that really made things click for me. It’s another chunky one like Intelligent Investor but well worth the read!
    1
  1500. lol billionaire Rishi Sunak definitely doesn't
    1
  1501. Thank you for watching!
    1
  1502. appreciate it, thanks!
    1
  1503.  @DW77ALWAYSWATCHING  valid point to be honest!
    1
  1504. Agreed!
    1
  1505. Thanks Nathan - appreciate it dude!
    1
  1506. Good Morning to you too!
    1
  1507. Doesn’t fill me with a huge amount of confidence that’s for sure
    1
  1508. I’d never borrow money to invest it in the stock market in the hope to arbitrage the interest rate, far too high risk IMO! Could easily get burned.
    1
  1509. In the spirit of transparency it went from £28k to well over £100k
    1
  1510. Fancy one FREE share valued up to £100 to get you started investing? Open an account with Trading 212 using the link below: http://www.trading212.com/invite/FMSw6Qr3
    1
  1511. What do you mean by the distance ?
    1
  1512. Thanks!
    1
  1513. Thanks Shaun! Yeh it’s a decent book 👌🏼
    1
  1514. Thanks Michael, appreciate it!
    1
  1515. Hey, I suspect there may be slight changes in the allocation of equities, but other than that they’re largely the same fund with the same purpose to mirror the S&P500 Index
    1
  1516. Hey, it’s basically a 15% withholding tax which is automatically deducted from your dividend if your a UK resident buying US dividend paying stocks
    1
  1517. Morning! Have a great day 👌🏼
    1
  1518. I do the same dude
    1
  1519.  @MarcMcLean1  hiya, yes it would 👌🏼
    1
  1520. Yeh T212 for some reason still aren't opening new accounts, FreeTrade are an alternative commission-free broker and are a good alternative IMO
    1
  1521. Valid observations regarding PE ratios of the stock market on the whole, the Schiller PE is always a good one to revert back to as a means of comparison. I believe we’re not in just a stock market bubble but an asset bubble more generally, stocks, houses, commodities even used cars are going up in value. In relation to dominant tech stocks, yes high PE ratios are certainly common for stocks like Apple, Amazon & FB, but recent growth numbers from quarterly earnings possibly back up the reasons why they still trade higher… for now anyway!
    1
  1522. Thanks Jon!
    1
  1523. Not a dumb assumption at all, some of the charts at towards the end of the vid show exactly what you say about the stock market trending higher over the long term regardless of market crashes.
    1
  1524. MANA is the token for decentraland, which is a metaverse
    1
  1525. Great long term play IMO, I’ve been holiday since last year and it’s been a hell of a ride!
    1
  1526. Great Q Jake, hard one to answer... but I’d be more inclined to go with the S&P500 though. I do have a life strategy ETF and the S&P500 has far outperformed it in the past 4 years I’ve been invested!
    1
  1527.  @jakelamplough8653  inflation is bad in most places right now, UK, US, across most of Europe too so it’s kind of like your in the same boat wherever you invest geographically. The S&P500 is like the foundation of the portfolio and is currently the only diversified fund I actively invest in, I’m not actively investing in my LS fund anymore. What about you?
    1
  1528. Thanks 🤣
    1
  1529. I know…
    1
  1530. Yeah under a LTD co, I’ll start making videos on the BTL and all the back end stuff that’s gone on once I’ve completed on it, should be within the next 4 weeks or so!
    1
  1531. Appreciate it David! Thanks for the continued support!
    1
  1532.  @FreaksSpeaks  😂
    1
  1533. Are they in your invest account? Try entering the promo code “MITCH” and make sure you’ve deposited at least £1 into the account
    1
  1534. Thanks Luke - no just figured it all out myself as I went along! For the more part solicitors, mortgage brokers and estate agents can help give you the answers regarding the process once you’ve started
    1
  1535. True that!
    1
  1536. Thanks Miguel. I’ve not read that one before, I’ll check it out, thanks!
    1
  1537. 😂😂😂
    1
  1538.  @sharples7  no probs!
    1
  1539.  @EuanCopeland  thanks mate, appreciate it 🙌🏼
    1
  1540. Yeah fair point, cost averaging is what I’m doing and will continue to do 👌🏼
    1
  1541.  @lawrencer25  yeah true, you can join a wait list but when you’ll have your account activated I have no idea!
    1
  1542. West Mids, if you go further north properties around that price range are common!
    1
  1543. Thanks Jake! Yeah there will be a time where I look to sell my positions, put it’s unlikely I’ll look to sell the likes of AMD and some of my other high conviction stocks for a good few years yet. I think the upside potential is still huge so I wouldn’t want to liquidate my position too early… ideally I want to let my winners run for as long as possible!
    1
  1544. I’d be happy if that prediction comes true 👌🏼
    1
  1545. 8% interest? With what bank?
    1
  1546.  @AzzieTheGamerr  I haven’t seen any account offering 8% interest
    1
  1547. Ah just seen it, 8% on £200 a month deposit
    1
  1548. My understanding is that your first assumption is correct. It’s on the total uninvested cash balance, which includes the increase in interest payments being paid out too, meaning yes it would compound how you’ve explained.
    1
  1549. Just crazy isn’t it 🤯
    1
  1550. Hey! Really difficult to say which video to start with without knowing your current situation, perhaps start with some of the “how to” videos may be a good starting place ☺️ if there is anything more specific you’re after let me know
    1
  1551.  @franktakyi3134  hey Frank, drop me a DM on Instagram @mitchinvesting, I still have an unclaimed book, I’ll send it out to you 🙌🏼
    1
  1552. All sounds a little bit too corrupt for my liking 🤷🏼‍♂️
    1
  1553. Thanks Jefferson!
    1
  1554. 📊 FREE Stock Analysis Tool: https://simplywall.st/?via=Mitch 📬 Subscribe To The FREE Weekly Market Memo: https://mitchinvesting.substack.com/
    1
  1555.  @Gattsu1986  no problem! ☺️
    1
  1556. Halifax have published they expect house prices to fall c8% in 2023?
    1
  1557. There is no minimum or maximum time you can’t invest for, you can only withdraw profits when you sell your position to realise the profit
    1
  1558. Thanks Ashley, appreciate it!
    1
  1559. Yeh it’s tough, I guess it emphasises the importance of having multiple streams of income / the ability to increase income for the more difficult times
    1
  1560.  @knowledgeseeker5499  yeh that’s true 😂
    1
  1561. I don't typically sell my positions unless I have a change in sentiment on the stock I'm investing into, so I don't "realise" my profits, but at some point later down the line in perhaps 10-15 years I may do.
    1
  1562. 😬😬 just don’t get burnt!
    1
  1563. Thanks mate, yeh I see where you’re coming from, I don’t even look at mine to be honest, it’s just an unfortunate deduction on my payslip 😢
    1
  1564. Thats certainly a strategy that won’t involve a headache! I’m sure I’ll share all the pitfalls and inconveniences over time on the channel 😂
    1
  1565. Appreciate you! Thanks!
    1
  1566. I cant make recommendations, ultimately it comes down to your risk appetite and financial objectives
    1
  1567. Yeah I’m so glad I got in this year, will likely looking to pay down the debt over buying another one as well with the way things stand
    1
  1568. now that would be INSANE!
    1
  1569.  @coolmonkey619  🤣🤣🤣 I’d more be than happy with that
    1
  1570. Thanks dude!
    1
  1571. Appreciate the support! Yeah will do, it’s on the list ☺️
    1
  1572. Hey, it’s probably because it’s over the weekend and markets are closed right now. If you don’t receive anything on Monday try and enter the promo code MITCH inside the app and you should get the free share
    1
  1573. Just hold it :)
    1
  1574. Cheers Joe, appreciate it!
    1
  1575. 💪🏼💪🏼💪🏼
    1
  1576.  @MATIvmr  😂😂😂
    1
  1577. Yeah there were limitations to the first formula which is why I extrapolated it out using to calculate future EPS with a forecasted PE and required rate of return too
    1
  1578. Haha yeh for sure! Nice to come out on top 😎📈
    1
  1579. Buongiorno!
    1
  1580. Yeah for sure, I’ll be using it for the exact same reason
    1
  1581. thanks mate, thats awesome man, great to hear!
    1
  1582. It’s a great question and it’s kind of each to their own on that, I don’t think there is a right or wrong approach IMO
    1
  1583. Try this one: https://www.thecalculatorsite.com/finance/calculators/compoundinterestcalculator.php
    1
  1584. Thanks Andrew - appreciate the kind words!
    1
  1585. Google thinks he did 😆
    1
  1586. Amazing advice!
    1
  1587. Thanks Reece, appreciate it man 👊🏼
    1
  1588. Unfortunately you have to sell what’s in your invest account and then start investing on your ISA from scratch
    1
  1589. Thanks man :)
    1
  1590. Noted! Thanks for sharing this with me, really helps guide the direction of the channel!
    1
  1591.  @Reaper7963  appreciate that! I wish I could upload more, once a week is all I can do currently though with my schedule 🙁
    1
  1592. Hey Darren - I can't advise exactly what you should do but as long as you don't need the £10k for beer money or to help with rent etc.. then if it were me I'd definitely invest it :)
    1
  1593. I’ve not heard that before but definitely interesting to know!
    1
  1594. Thanks Raj, glad it’s useful!
    1
  1595. Love that Jack!
    1
  1596.  @user-op8fg3ny3j  TradingView
    1
  1597. Respect that!
    1
  1598. Ah I know, they’re a nightmare! Wish YT would do something about it
    1
  1599.  @CodingAbroad  😂😂😂😂
    1
  1600. Thanks! Keep going, wish you all the best with the channel!
    1
  1601. Thanks for the support!!
    1
  1602. Perhaps - but surely actions will inevitably come with consequences
    1
  1603. I don’t play RuneScape anymore man
    1
  1604. Yeah big sell off today!
    1
  1605. With you on that Roger!
    1
  1606. thanks Shaun!
    1
  1607. Thanks!! Fair play, ACCA exams are tough going, wish you all the best with your studies mate!
    1
  1608. Thanks for putting such a great succinct update together, I missed the livestream so this was perfect to catch up!
    1
  1609. No it’s just from the invest account
    1
  1610. For sure!
    1
  1611. Hi Lee, 20.5% is bloody good for monthly contributions! If I’m honest I don’t pay a huge amount of attention to my pension, I contribute every month and my employer does too but that’s about all I know about it, I’m not even sure what it’s invested in as it’s managed by a third party pensions company.
    1
  1612. Yeah they probably won’t, crazy times
    1
  1613. Thanks!
    1
  1614. Apologies, link here: https://amzn.to/3jUXJc1
    1
  1615. Thanks Tony!
    1
  1616. Thanks Andy!
    1
  1617. Thanks mate!
    1
  1618. Hi Jack - I personally wouldn't touch leveraged investing with a bargepole unless you really really know what you're doing.
    1
  1619. tax benefits, thats about it really.
    1
  1620. Thoughts on the portfolio guys? What should I do with it?
    1
  1621. Hey! Congrats, you are one of the winners of the book from the video 🙂- please could you email me a mailing address I could get the book sent out too. My email is: mitchshoesmithyt@gmail.com. Thanks for entering and watching the video!
    1
  1622. Haha yeh feel your pain man!
    1
  1623. Probably should’ve added “with all things being equal” I.e they both invest in R&D, competitor analysis, etc.. I’d always go with the profitable company versus an unprofitable one
    1
  1624. 💯
    1
  1625. Yeah takes me back to University days! N.B, all of the above are also valid examples that could've been used within that segment of the video.
    1
  1626. Appreciate it man, thanks so much! I should probably start going to the gym when they eventually reopen, perhaps make it my New Years resolution lol!
    1
  1627. Hey Gary, there are thousands and thousands of individual stocks, it'd be a lot easier just buying an ETF IMO
    1
  1628. Thanks Martina! I try and do 1 a month or so ☺️
    1
  1629. Hey Edward! I’m currently planning a video right now to look at subscribers portfolios, if it’s something you’d like to submit for me to review feel free to drop me an email on mitchshoesmithyt@gmail.com 🙂
    1
  1630. Hey, have you deposited into the account? It may take 1-2 working days to show up too.
    1
  1631. It is yes
    1
  1632. I don’t believe so, I think you can join a waitlist but unfortunately they’re not opening accounts still
    1
  1633. love to hear it!
    1
  1634. I started investing on Vanguard, then moved over to T212 in 2020, I've just not transferred the ISA over (I probably should though!). Re All World, it's not that I dislike it as an investment, after all it's made up of 60+% US exposure anyway. I'm just pretty comfortable backing the US right now, thats where all of the companies that generate the most profits and value are. Other big exposures in the All World are the UK which the outlook is a little uninspiring, Japan, could be a good play as part of the all world but it's an area I haven't researched in any real depth. Overall - just a personal preference!
    1
  1635. It’ll just appear in your portfolio 👌🏼
    1
  1636. It’s possible that it could be a 3-5 day withdrawal window, not 100% sure!
    1
  1637. Hi Sunil, I've been put off by the FTSE100 due to massive underperformance against the US stock market over the past couple of decades, and not sure things will change either any time soon.
    1
  1638. Appreciate that Peter - thanks so much!
    1
  1639.  @dylingham4271  yes, you can ☺️
    1
  1640. wouldn't touch it with a barge pole
    1
  1641. No problem 👍
    1
  1642. with a market cap of just $1.6BN, they're far from an established entity right now
    1
  1643.  @user-op8fg3ny3j  I report all of them but YouTube are terrible and getting rid of them 🙁
    1
  1644. What are your investment goals for 2022?
    1
  1645. Thanks mate!
    1
  1646.  @havebadday7850  yeah it’s crazy that the average salary of one person isn’t enough to maintain a household like it was perhaps in the 70s, 80s and 90s, now you need two good incomes (either from a parent or multiple jobs) to be even stand a chance of being in a “good” financial position.
    1
  1647. Thanks Rafael, yeh certainly I’ll take a note of it 👌🏼
    1
  1648. There are no additional fees, only an FX fee for foreign stock charged at 0.15%. I believe eToro operates with a different model, overnight fees are typically applicable to CFDs as far as I’m aware. There is no overnight fee for holding shares on T212 via the stocks ISA or invest account.
    1
  1649. No issues at all, fractional shares are a great way to max out how much you can invest each month!
    1
  1650. Thanks mate!
    1
  1651. Thanks Nick!
    1
  1652. I know, daylight robbery!
    1
  1653. I guess for a lot of investors they slowly build their way to those kind of returns, but i see your point, its just as easy to get a mortgage from a bank, slap a deposit down on a house/apartment rent it out to some tenants and gain an income that way too. Completely different passive income model but more than achievable as well!
    1
  1654. Thanks James! Yes, a little, but I usually make the bulk of my investments towards the back end of every month so will invest more then. I like AirBnb, great business model!
    1
  1655. Yeah we will inevitably at some point come back down to more normal levels in the future too
    1
  1656.  @joejohnson8723  ahh I see, I’d check out the guidance on gov.uk website for stocks and shares ISAs to see if there is any info on there
    1
  1657.  @OneKeyRep  thanks!
    1
  1658. Hey! Congrats, you are one of the winners of the book from the video 🙂- please could you email me a mailing address I could get the book sent out too. My email is: mitchshoesmithyt@gmail.com. Thanks for entering and watching the video!
    1
  1659.  @tomroberts3851  yeah that would’ve been me 😂 if you drop me an email mate I’d be more than happy to meet up!
    1
  1660. Good tips all round 💪🏼
    1
  1661. Yeh I’ll be sticking with T212 for the 2022-2023 tax year too ☺️
    1
  1662. Thanks dude!
    1
  1663. Thanks! Haha yeah I can imagine with 5 on the go! Hoping my B&Q trips will be over for a while now 😂
    1
  1664. No because I've got a minimum of a 15-20 year time horizon on the investments I'm making. Corrections are just a natural part of the market cycle and will occur every few years anyway, its just part and parcel of investing. In terms of unpredictable effects from speculators, I don't typically invest in the same stocks that speculators are investing into, so from that point of view my portfolio is largely unaffected.
    1
  1665. not personally no
    1
  1666. Cheers John!
    1
  1667. Thanks Ian!
    1
  1668. Like a stock split essentially? I can’t see the issue with having fractional shares, hopefully they change their tune!
    1
  1669.  @dysaster4521  what company did you invest in?
    1
  1670. So true! Still striving for it myself!
    1
  1671. Thanks Will
    1
  1672. Thanks Josh! Really useful to know 👌🏼
    1
  1673. Hi Tom, if yields fall you’ll go from receiving interest of 5% to say 3% for example, the value of your money stays the same you’ll just receive lower interest. Hope that makes sense!
    1
  1674. Yeah exactly, good way to positively leverage other people’s money (the banks) IMO!
    1
  1675. Ahhh thanks Andy, really appreciate that!!
    1
  1676. It’s certainly something I’m more conscious of in these overheated conditions!
    1
  1677. It doesn’t count as personal savings as money market funds are classified as an investment. Any money made through a stocks and shares ISA which is what I use is tax free. Anything in a general investment account would be subject to normal capital gains tax.
    1
  1678. Not on an individual basis, I’ve got exposure through the S&P500 ETF though👌🏼
    1
  1679. The ISA is flexible so you can move money between your Cash ISA and Stocks ISA and it won’t “double count” the deposits.
    1
  1680. Thanks Shaun! Yeh that’s the way it goes I guess in this kind of climate, I’m sure they’ll come back once things rebound!
    1
  1681. Thanks Edward!
    1
  1682. I thought it was a half decent book
    1
  1683. I haven’t? Has it skyrocketed? Should’ve invested in it during my $100 investing challenge vid!
    1
  1684.  @shauncawley1138  wow, my gold position is only up 0.34% lol, never mind!
    1
  1685. Thanks Jonny, appreciate the support!
    1
  1686. Haha yeah you make a fair point on the state pension, it'll probably be abolished by the time we reach state pension age! Admire the goals you have man, very much of the same mindset.
    1
  1687. Yeah if I’m honest I think I’ve always been a bit naive to it because it’s always been the same, never worked at another company since graduating so no idea what “normal” employer contributions are. I’m pretty sure it goes up to 15% employer contributions if I were to do I think it’s 8%
    1
  1688. Thanks Michael, lets hope so!
    1
  1689. Thanks Kieran! Yeah all smooth with the property, minus a rather big increase in service charge which has squeezed my margins, but all ok with the tenant paying rent on time. Yeah it’s always a dilemma! Depends how much time/money you’ve got I guess!
    1
  1690. Hey Stu, yes you can, once you open the app you have an option to transfer an ISA from another provider from the current or previous tax years
    1
  1691. Thanks mate!
    1
  1692. Appreciate it!
    1
  1693. I'm going to guess that we may have a little more downside to come yet
    1
  1694. Just loose lending. They ended up packaging the debt up and sold it off to investors. The financial crisis was caused by corrupt lending practises to be honest
    1
  1695.  @leodspprince2184  I know, it does my head in!
    1
  1696. Hey Matthew, if I’ve understood correctly yes you can sell positions in an old ISA that you’ve used in a previous tax year but then any profits I believe would have to be withdrawn and reinvested into your new ISA
    1
  1697.  @MatthewAllton  yeah definitely let me know! I’ve always aired on the side of caution and only invested in 1 ISA per tax year regardless of the situation
    1
  1698.  @MatthewAllton  ah perfect! Good to hear, thanks for letting me know, really helpful!
    1
  1699. Thanks man :) Couldn't agree more!
    1
  1700.  @YingDat  depends what your trying to achieve. If you want to invest then personally I’d go with the stocks ISA so you get the tax benefits, but if you want a place to hold just cash, then a cash ISA provides the same tax benefits too.
    1
  1701. Thanks mate!
    1
  1702. Hey, I do but there are lots of scam accounts unfortunately! I’ll never message you first so please ignore them. My account is just @mitchinvesting, but I’m aware of some other variations so please check!
    1
  1703. Thanks Mitchell, really appreciate it! Yah for sure! :)
    1
  1704. It's an absolutely tragic situation for so many people!
    1
  1705.  @gavinderbyshire5535  bounce off $40k for BitCoin?
    1
  1706.  @TANNERMANUK  I’ll do an earnings update video probably at the end of the quarter where all will be revealed ☺️
    1
  1707. Appreciate it, thanks so much!
    1
  1708. Smashing it mate, congrats! Keep up the good work 💪🏼
    1
  1709. I remembered this month! I must admit I did nearly forget again though 😂
    1
  1710.  @Bepstar  amazing!
    1
  1711.  @carlmcn  thanks Carl!!
    1
  1712.  @AndyCBR1979  appreciate it Andy, thanks mate
    1
  1713. Thanks man 👌🏼
    1
  1714. Hey, yes the cash ISA is protected by the FSCS, I mentioned this in the video
    1
  1715. Interesting!
    1
  1716. The passive route is the best route for most, that’s for sure!
    1
  1717. Glad to hear, thanks so much:)
    1
  1718. Nice one! That’s amazing. What do you do for work?
    1
  1719. Yeah totally get that, it’s one of the reasons I’m building a bigger pot in the S&P500 which is more diversification for the portfolio. Right now I’m about 50/50 split between individual holdings and the S&P500
    1
  1720. Thanks Andy!
    1
  1721. Awesome, thank you!
    1
  1722. Thanks Daniel! Glad it was helpful!
    1
  1723. Who knows 🤷🏼‍♂️
    1
  1724. Yeah you can, it was just for illustration purposes within the video ☺️
    1
  1725. Great quote 👌🏼
    1
  1726. Hey! First off congrats on those gains, that’s a great result! Regarding your second question yes you could always activate the feature and collect the 4.5% interest on your uninvested cash until you’re ready to invest into another stock/etf etc…
    1
  1727. appreciate it Ethan, thanks dude.
    1
  1728. Great stuff Chris, smashing it!
    1
  1729. Thanks Ben!
    1
  1730. Thanks Jacob!
    1
  1731. Great stuff!
    1
  1732. Appreciate it! Thanks!
    1
  1733. Yeah exactly, thats partially why I included within the calculation an annual inflation multiplier ☺️
    1
  1734. Thanks Adam! Yeh that’s certainly the underlying goal, to be in a financial position where I have the freedom of choice to work or not ☺️
    1
  1735.  @adamandleave788  haha yeh, big sell offs today 😬
    1
  1736. Thanks Stephen!
    1
  1737. Yeah you leave it in the account if you want too, then your allowance resets in the following year to top it up again
    1
  1738.  @LawrenceTimme  sure would lol! 😂
    1
  1739. Yeah that’s certainly how it seems…
    1
  1740. Amazing stuff!
    1
  1741. It's there now! :)
    1
  1742. ISA is a UK thing, there may be tax efficient options where you live though, potentially.
    1
  1743. Thanks Markus! Hope you’re right about those kind of investment returns 😆
    1
  1744. Nice!!
    1
  1745. Thanks dude
    1
  1746. West Midlands, Birmingham.
    1
  1747. Thanks Alex, appreciate it!
    1
  1748. Love the mindset!
    1
  1749. Amazing to hear!
    1
  1750. I’ll make it available soon, just doing some final tweaks to it ☺️
    1
  1751.  @TomsPersonalFinance  thanks Tom!
    1
  1752. Hi Susan, you can grab a copy here: https://www.mitchshoesmith.com
    1
  1753. Any applicable US taxes are applied automatically through the broker - always follow the tax guidelines of the country you live in.
    1
  1754. Thanks Stevie 👊🏼
    1
  1755. Interesting... any particular reason why you're so bullish on them?
    1
  1756. Thanks John, really appreciate it. Thanks for your support!
    1
  1757. Thanks mate!
    1
  1758. Thanks Toke!!
    1
  1759. Hey, with the VUSA dividends are distributed, but with the VUAA dividends are automatically reinvested
    1
  1760. Hey! Thanks so much. Yeh it’s one I’ve used in the past so I’ll add it to my list of video ideas 👌🏼
    1
  1761. 😂😂😂
    1
  1762. Why?
    1
  1763. Thanks man, much appreciated 👊🏼
    1
  1764. Hey, dividends are distributed quarterly I believe so I assume it'll be when they're paid, it should say on the fund details.
    1
  1765. Thanks Arnie! Yeh that would be a cool idea, perhaps one property related video a month to begin with would be a starting point ☺️
    1
  1766. Yeah for sure definitely achievable, the earlier you want to retire, just simply accelerate the principles :)
    1
  1767. theoretically yes
    1
  1768. Thanks Martin! Much appreciated!
    1
  1769. The spam/bot comments are a nightmare!!
    1
  1770. Yeah that’s correct, you’ll never lose more than the money you invest (in the very worst case scenario), but hopefully you’ll end up with a profit rather than a loss by the time you come to exit your position!
    1
  1771. Thanks!
    1
  1772. Hey Jess, I think it depends on what you're actually looking to invest into. Vanguard UK only offer a list of ETF's, Diversified Funds and the like whereas other ISA's like Trading212 you can invest into individual stocks. It completely depends on what you want to invest in :)
    1
  1773. totally agree, the cost of living narrative puts the emphasis on the public to make changes, cut back, stop spending etc.. whereas if the narrative was flipped into talking about a cost of profiteering crisis (which is happening), then the corporations would be under way more pressure to bring prices down, not increasing them!
    1
  1774. No problem 👍
    1
  1775. I’ve never traded options before 😬
    1
  1776. Hey, I started with £400, and just added more every month. You can add as little and as often as you feel like!
    1
  1777. yeah that thing blew up!
    1
  1778. I’ll definitely continue cost averaging that’s for sure!
    1
  1779. Accumulation only on my side! I’m pretty sure Burry is short on a number of stocks though 😬
    1
  1780. Thanks mate!
    1
  1781. Nice! Great play Ben. Thanks man!
    1
  1782. That's terribly sad, good for he's got a good set of mates around him! Respect you for that.
    1
  1783. Thanks Tom!
    1
  1784. Hi Joe, you're the winner of the competition! If you reach out to me via Instagram DM's @mitchinvesting, we'll get some time booked in together to talk property & side hustles!
    1
  1785. Yeah he sure did! Holding everything else long term in my portfolio that’s for sure☺️
    1
  1786. Thanks Wayne! Appreciate it 👌🏼
    1
  1787. Is this for CFD trading or ISA/Invest account? I haven’t received the email...
    1
  1788.  @tiffenberg  great mindset👊🏼
    1
  1789. ❤️
    1
  1790. Have you updated the app? It should be there
    1
  1791. Thanks Dan 👊🏼
    1
  1792. Yeah very true.
    1
  1793. Yeah there’s always a caveat and I guess everyone has their own experiences of this, for me I hope never to be in a situation of a marriage breakdown where financial issues may arise.
    1
  1794.  @sue-ui8od  love that Sue!
    1
  1795. Hey Martin, glad you enjoy the content! Thanks 🙂 I can't make specific recommendations on gold as an asset, but if you choose to buy gold you can do it on platforms like Trading 212 through ETC's (Exchange Traded Commodities), or you can buy the physical stuff from a gold bullion company, if you do a quick Google search there are lots of options on there.
    1
  1796.  @user-op8fg3ny3j  thanks 👌🏼
    1
  1797. Appreciate the advice Martin! Thanks!
    1
  1798. BE EXTREMELY CAUTIOUS! That's all I'll say!
    1
  1799.  @rob-s9482  I've just seen their stock price, what happened there? Any signs of upside coming?
    1
  1800. Hey, great question, currently I’m more focused on capital growth in my portfolio, and less focused on income, which is why I hold the positions I do with very little in the way of dividend payers, as life goes on though I’ll inevitably transition parts of the portfolio though
    1
  1801. Thanks!
    1
  1802. Thanks! Great stuff, love to hear it 👌🏼
    1
  1803. Yeah there is certainly a mix of opinion on when a crash will occur, I have no idea when but surely one will be inevitable at some point
    1
  1804.  @shauncawley1138  continuing to hold and continuing to invest but also being mindful to hold back some cash so I can capitalise if/when we do see a crash
    1
  1805. Amazing man!! Great work 💪🏼
    1
  1806.  @user-op8fg3ny3j  Yep definitely!
    1
  1807. So true 👌🏼
    1
  1808. That’s a whole 10 minute video in itself 😆
    1
  1809. Yeah not sure it’s got the LSE on it annoyingly!
    1
  1810. Thanks Stephen!
    1
  1811. Thanks 👌🏼
    1
  1812.  @Whizzer_  yeh hopefully the renewable energy will be the resurgence they need for you! Appreciate the support man👌🏼
    1
  1813. I did a video on Corsair not too long ago, like the business and the growth space its in, but it does always make me a little more uncomfortable when WSB's jump on to a stock. I'll check out Planet13 too in more depth, heard a little about it from Jeremy's channel too!
    1
  1814. I wouldn't mind picking up a few stocks on discount I must admit!
    1
  1815. I’m great Fin, how’s you? 😄
    1
  1816. Thanks! That’s amazing, keep going 💪🏼
    1
  1817. Yeah there is good value in the FTSE100 in comparison to other global equity markets!
    1
  1818. Lol me too man!
    1
  1819.  @F1MichaelGT  you’ve got a posher 1 series than me 😉
    1
  1820. Thanks dude
    1
  1821. Yeah completely agree, I’ll be investing next week in my portfolio update 👌🏼
    1
  1822. This is the UK regulation, I’m not sure about EU regs, apologies!
    1
  1823. Thanks!
    1
  1824. Who knows, I suspect the market is pricing in fed rate hikes currently. Hopefully we’ll see some upside before the end of the year
    1
  1825. Thanks Christian!
    1
  1826. Check out my video “how to invest in the market…” I posted a few days back, hopefully that should help
    1
  1827. The only thing I can suggest is if your investing for the long term don’t focus on short term fluctuations
    1
  1828. Yeh just stocks and shares ISA’s
    1
  1829. Appreciate that Will, lets hope so!
    1
  1830. Exactly💯💪🏼
    1
  1831. Haha yeh used to love gaming, especially as a child/teenager! If I had more time on my hands I’d probably be the same now 😆
    1
  1832. Thanks so much!
    1
  1833. Some of the studies I’ve read suggest lump sum typically performs better than cost averaging (did a full video on this), but that doesn’t take into consideration personal circumstances and risk tolerance, so just worthwhile considering that too ☺️
    1
  1834.  @user-op8fg3ny3j  haha I won’t be going anywhere from YouTube!
    1
  1835. Thanks Darren 👍
    1
  1836. Appreciate that man, thanks so much! Good luck with your channel! I’m sure you’ll make a great success of it 👊🏼
    1
  1837. Glad it helped! Thanks for watching!
    1
  1838. Appreciate that mate. Thanks! Hope you’re doing well! 💪🏼
    1
  1839. Thanks! :)
    1
  1840. Appreciate it man, thanks!
    1
  1841. No specific reason, I’ve got exposure through my S&P500 ETF so still benefiting from the gains just with a smaller overall exposure
    1
  1842.  @thegunkyfibbon  they take a 0.14% FX fee and they also earn interest on deposits held in cash, t212 pay us 5.2% but will earn more than that from the banking providers they use to segregate client assets.
    1
  1843. Yeah I agree. Mortgage rates at 18% wouldn’t be a thing though nowadays, not with asset prices being so high, that would cause a hell of a lot more of a problem than a cost of living crisis!
    1
  1844. Yeah, worthwhile suggestion, the only downside with removing a GIA is if you have more than £20k a year to invest
    1
  1845. Yeah real money, you can open a practise account to familiarise yourself with the platform though
    1
  1846. It is yeah, top 500 companies in the US.
    1
  1847. Thanks Jonny! Yeh I will more than likely ☺️
    1
  1848. It’s a tough one. I’m on the fixed term until July next year, by which point I suspect rates will be close to their peak the way we’re going. I’ll likely just renew it on a shorter term fixed rate whilst rates are high (in the hope inflation comes down and rates can come down too), and if the repayments are ridiculously high I’ll just increase the mortgage term to bring down the monthly payments to closer to what they’ve been before. Not ideal but I guess it’s something we can’t really avoid 😕
    1
  1849. I think it’s individual to everybody, the more the better though 👌🏼
    1
  1850. Yeah exactly, thanks for watching 👌🏼
    1
  1851. You’ll need to deposit £1 into the account, if still nothing appears try entering the promo code MITCH, you can do this by clicking the three dashes at the bottom right and there is an option there to enter it - hopefully this should work!
    1
  1852. Agreed
    1
  1853. Sound perspective mate, I'm in exactly the same position & age :)
    1
  1854. Yeh that’s correct, 15% withholding tax sadly!
    1
  1855. Hey, you should check out some of my portfolio updates. I use an app called Trading212 to make my investments, link in the description of the video.
    1
  1856. Yeah for sure! Appreciate that, thanks!
    1
  1857. Thanks man!
    1
  1858. Thanks Jack! Yeah that would certainly be the intention, perhaps the odd video every so often, maybe monthly/bimonthly once things are hotting up. It’ll certainly be ‘beginner’ style videos, sharing my experience, no more than that as all this is brand new to me 😆
    1
  1859. Appreciate that mate, thanks!
    1
  1860.  @CopytradersClub  hey, I don’t use eToro unfortunately !
    1
  1861. It’s ok I’m at the Villa game now and they’re winning 1-0, karmas a bitch 🤣
    1
  1862. Thanks mate!
    1
  1863. Thanks!
    1
  1864.  @campervannation9309  shares up 5.5% pre market :)
    1
  1865. Hey, I think you’re referring to the tax changes when you buy a BTL in your personal name, when it’s a LTD co it works different ☺️
    1
  1866. Thanks dude! Appreciate the support!
    1
  1867. Not that I’ve come across, I’m sure there’s probably one out there though…
    1
  1868. Thanks for watching!
    1
  1869. I have, ill stay close to it to see if anything materialises, hopefully it doesn’t!
    1
  1870. Thanks Christian 👍
    1
  1871. Thanks - really appreciate it.
    1
  1872. Love that Tom, keep going mate 💪🏼
    1
  1873. Thanks Joe!
    1
  1874.  @urlcool  no there will be no financial advice provided in the lab - the subscription is for community access and ongoing content which is for educational purposes and is not personalised advice.
    1
  1875.  @urlcool  no probs!
    1
  1876. Appreciate it man! Thanks 👌🏼
    1
  1877. I can if you give me the figures 😆
    1
  1878. If there are production cuts I suspect it's not going to help the levels of inflation especially if oil prices move higher again as a result!
    1
  1879.  @Homecastlefoundation  thanks! Yeah great news for all PLTR shareholders for sure, I’m up over 50% now on my position which is cool 👌🏼
    1
  1880. Thanks man!
    1
  1881. yes - it takes up to 3 business days for the withdrawal to take place back to your bank account
    1
  1882. Yeah I was joking, although I bet it must be cheaper than owning a petrol/diesel even with high electricity prices..?
    1
  1883. Thanks Steven!!
    1
  1884. No I don't at the moment
    1
  1885. Haha thanks dude!
    1
  1886. I grew the IG profile from like 2018 to 2020 and not really posted on it since and just focus on YouTube. The only Instagram I have is the verified one, they’re is some impersonator profiles so be careful of those
    1
  1887. Thanks Justin!
    1
  1888. Thanks so much!
    1
  1889. Really good point on the employee benefits if you work for a company that offers good ones 👌🏼
    1
  1890. yes absolutely
    1
  1891. Hey! No probs, great stuff! What do you mean by current or previous years? Could you clarify please, hopefully I can help!
    1
  1892.  @kbatts0810  if it was after April 5th then it would be this tax year
    1
  1893. Glad it was helpful!
    1
  1894. Hey Jamie! Gosh I've read so many. I think some of the key ones for me were Tony Robbins Money Master The Game, anything from Jim Rohn (although thats more on personal development too), Psychology of Money is a good one. Rich Dad Poor Dad by Robert Kiyosaki is also a decent read. Richest Man in Babylon - this is all about timeless money principles. Think and Grow Rich by Napoleon Hill - if you get through all those you'll have 99% of the knowledge you'll likely ever need!
    1
  1895. Thanks Sam!
    1
  1896. That’s correct yes
    1
  1897. Assuming rates stay the same of course!
    1
  1898. Which one?
    1
  1899. Thanks mate! Amazon special buy 😉
    1
  1900. Guys what's your sentiment for 2021? Another big year in the market or a potential market crash? Let me know your thoughts!
    1
  1901. Appreciate it, thanks!
    1
  1902.  @0casey963  thanks dude!
    1
  1903.  @charliewiltshire6084  see you over there man!
    1
  1904. Thanks!
    1
  1905. Hey! Thanks. I started doing about £400 a month, now into my stocks ISA it’s about £600–£700 a month - across all my investments including my pension it’s a lot more though
    1
  1906. I know - really puts it into perspective!
    1
  1907. Hey Weasel, statistically and historically speaking lump sum investing does obtain better returns than cost averaging, but for me personally I’m not in a position to lump £20k in at the start of each tax year so I cost average throughout instead ☺️
    1
  1908. Damn, I’ll re-upload a new link shortly!
    1
  1909. With you on that👌🏼
    1
  1910. Strong mentality, it’s the way to be!
    1
  1911. I do ☺️
    1
  1912. Each to their own ☺️
    1
  1913.  @AzAkh60  agreed, the market will recover at some point 👌🏼
    1
  1914. Sorry, I’m not sure what you mean?
    1
  1915. Technically yes, but only by a relatively small amount. For context, total market value of the S&P500 is $31.6T, Buffet's net worth is roughly $103B.
    1
  1916. CFD is contracts for difference, it’s leveraged trading
    1
  1917.  @fortniteguyyyy  an ISA is an individual savings account, there are different types but a stocks and shares ISA is a tax free account for people who are investing for the long term.
    1
  1918.  @thesaltbaron2237  I don’t think we’re in the same situation as Japan was in the 90’s with 3 decades of lost returns on property & the stock market
    1
  1919.  @thesaltbaron2237  thanks, I’ll definitely check it out, could be worth making a video on if I’m convinced enough 😆
    1
  1920. Hey Zafir, I would suspect so, probably worthwhile checking out their legals here: https://freetrade.io/legal/keeping-your-money-safe
    1
  1921.  @vineethkumar6169  if you’ve got a £1,000 balance, from your deposits + interest, you can withdraw it all, interest included ☺️
    1
  1922. Cheers Andy!
    1
  1923.  @stuartheslop8002  yeah I see what you’re saying, it’s almost the lesser of two evils in the short term. Really difficult one, I couldn’t advise you either way mate unfortunately!
    1
  1924. Hey! I’m not 100% sure on the implications of investing through a ltd company and at risk of getting it wrong I’d suggest consulting a tax advisor / accountant to get the accurate information from a ltd company POV. Apologies I couldn’t be more help!
    1
  1925. Yeah I don’t agree with it
    1
  1926. Thanks!
    1
  1927. 🤣🤣 you gotta be in it to win it I guess
    1
  1928. Totally agree with your thinking Tom, definitely something to consider! I’ll be moving free funds into the Cash ISA then when it’s the time of the month to invest I’ll move the funds out the cash ISA and into the Stocks ISA 👌🏼
    1
  1929. yeah agreed lol, S&P500 all the way!
    1
  1930. Thanks, appreciate it!☺️
    1
  1931.  @maul5949  hey, thanks! I do have a holding in the S&P500 in Trading 212…
    1
  1932. Hey Luke, you can speak to someone on the chat function, I’ve only used it once but they were pretty quick to respond.
    1
  1933. Man so cool to hear! Great stuff!
    1
  1934. Massive eye opener for sure!
    1
  1935. Thanks so much! Appreciate the support.
    1
  1936. It does now
    1
  1937.  @nmtbhtp1990  what do you mean?
    1
  1938. Thanks so much 👍
    1
  1939. Yeah very true, it’s the same as the stock market too in that sense!
    1
  1940. You can use brokers like Trading212 or Vanguard, check out the video recommendation I made at the end of the video for more details
    1
  1941.  @iflessthan3  yeah agreed that some of the recent downside momentum was priced in, perhaps that's why we've had such a big pullback, but i still suspect the stock market is going to come down lower when investors realise the true impact on earnings.
    1
  1942. Thanks Shaun!
    1
  1943. Hi Alan, no offence taken, I appreciate the feedback, it helps me improve the channel. I try and always have a balance and stay away from “click bait” where I can and fill the videos with valuable content instead, hope that shines through in the videos over and above everything else
    1
  1944. If interest rates keep rising then yes 👌🏼
    1
  1945. Appreciate it man! Thanks
    1
  1946. Thanks Paul - i think it’d be great but just waiting to see if there is enough demand for it ☺️
    1
  1947. YEAR?
    1
  1948. Yeah I did ☺️
    1
  1949.  @CycleXplorer  thanks for tuning in!
    1
  1950. If it’s in a stocks and shares ISA then no
    1
  1951. Thanks Clay - yeh its something I'd love to get into but its a new area for me! DM me on IG if you have it if you wouldn't mind a chat - @mitchinvesting :)
    1
  1952. Sure is!
    1
  1953. It’s one of the most accurate sources of publicly available information on UK house prices… ?
    1
  1954. What do you think of the Trading 212 card? To get one plus a FREE share valued up to £100, click the following link to create an account: https://trading212.com/promocodes/MITCH (Capital At Risk. Terms and Conditions Apply)
    1
  1955. Thanks Raj, appreciate it!
    1
  1956. Noted! Will bring one out very soon :)
    1
  1957. Thanks Louis, no, T212 ISA’s (stocks & cash) are flexible so you can freely move money across the accounts without it “double counting” your deposits.
    1
  1958. Hi Jason, yeah I’m planning on sharing it soon, I’m just trying to make it so it’s “unbreakable” in a sense as it’s very formula driven, hoping to have it available in the coming week or two!
    1
  1959. Thanks Maria!
    1
  1960. Thanks Jesse!
    1
  1961. Thanks Tom!
    1
  1962. Cash ISA is protected under FSCS, whereas free funds in uninvested cash isn’t as it can be invested in a qualifying money market fund
    1
  1963. Keep seeing this stock pop up as one of the more popular renewable energy companies! Thoughts on its P/E ?
    1
  1964. Thanks so much! Yes, hopefully I can do my bit as the education system certainly won’t!
    1
  1965. I believe they have both, they’ve just launched a Stocks ISA
    1
  1966. No problem, will put something together! Thanks Rob ☺️
    1
  1967. Yeah, it’s a huge lack of self sufficiency in the UK and the energy firms are also just creaming in the profits too. Incompetence and profiteering only ever comes as a cost to the public
    1
  1968. Hi Leanne, another good app I’ve used is FreeTrade, I’m not sure if they’re available in France though
    1
  1969. Everyone has to start somewhere! I started with £400 too... :)
    1
  1970. Yeah for sure…thanks dude!
    1
  1971. Routine investment scheduled for me next week 💪🏼
    1
  1972. Thanks!
    1
  1973. Hey Joe. Yeah essentially because I keep all the money in the business account I only pay corporation tax. If I were to start paying myself as an income from the business, I’d then get hit with a tax bill for income tax. Tax rates are slightly lower on dividends, and you do have a tax free dividend allowance but I think it’s only about £500 a year now. You can find some good info on the gov.uk website.
    1
  1974. Very bold! 😆
    1
  1975. Yeh I still work a normal day job
    1
  1976.  @pleaseentername.  yeh FTSE250 isn’t doing as so great in comparison to the FTSE100, down 15% for the year still isn’t too bad considering!
    1
  1977.  @pleaseentername.  yeh I’ve benefitted from the FX difference on all my US holdings thankfully… it’s just about the only thing I’ve benefitted from this year at the moment 🤣
    1
  1978. Thanks Robert, appreciate it!
    1
  1979. Hey, its a great question - there are a couple of S&P500 ETF's on the Trading212 platform, off the top of my head there is a Vanguard (VUSA) as you mention and an iShares one. The only real difference between the two is the management company who run the fund and there may be very small differences in the weightings of each stock within the funds that may effect overall performance. However, they are both funds that are designed to mimic the perfromance of the S&P500 and therefore performance should be very similar, but probably worthwhile checking. For me i've always used the Vanguard one, if i'm honest its because its the first one i came across and have ever deviated. Hope that helps!
    1
  1980. It’s a flat in the midlands in a place called Sutton Coldfield.
    1
  1981. Agreed
    1
  1982. NFT’s and stocks are two different ballgames! In terms of the stock market it’s anyones best guess as to how long this will last. I suspect this could be set in for some time though!
    1
  1983. Thanks Joe! Enjoy ☺️
    1
  1984. The stocks that I already have within my portfolio ☺️
    1
  1985. Thanks Keith!
    1
  1986. True that!
    1
  1987. Ah thanks Jordan, really appreciate that mate!
    1
  1988. Quality mate, sounds like a good plan! Congrats on YouTube channel too, it’s a tough grind but it’ll pay off 💪🏼
    1
  1989. Thanks!!
    1
  1990. Great mentality, wish you all the best 👍🏼
    1
  1991. Thanks Will!
    1
  1992. I have no idea what that means, but sounds good 😆
    1
  1993.  @martinhtl  sounds like a bloke I should research!
    1
  1994.  @markb80  totally agree!
    1
  1995. Thanks mate!
    1
  1996. Will work on it for future vids! Thanks for the feedback
    1
  1997. Somebody else said too, that’s crazy!
    1
  1998. Thanks!
    1
  1999. Thanks Bart - it’s just under half 👌🏼
    1
  2000. Thanks! Yeah it’s leasehold, could you elaborate? Only concern I have right now is my rising service charge 😂😬
    1
  2001. Thank you!
    1
  2002. I hadn't noticed, I've deleted them now
    1
  2003. Appreciate that Doug!
    1
  2004. Thanks again!
    1
  2005. It’s a method of investing during regular time intervals. For me I invest on the same day every single month, it’s as simple as that really ☺️
    1
  2006.  @Connormajka1999  typically yes ☺️
    1
  2007. Thanks! Glad to hear it 🙌🏼
    1
  2008. I can’t say it’s one I’ve looked into, I know it had a good first day after going public. Im not sure it’d be enough to challenge the big social platforms but then who knows with Trump at the helm.
    1
  2009. I’ve got exposure through the S&P500 👌🏼
    1
  2010. Thanks James, appreciate it dude!
    1
  2011. Hey Ollie, thanks mate! My Vanguard account is an old ISA I had, just leaving it for now. But I’m still investing into the S&P500 ETF on Trading212 in my current ISA☺️
    1
  2012. I’ve never heard of it so I can’t comment unfortunately!
    1
  2013. Hey, it’s a great question, it’s worked for me in the past 5 years or so with the GBP losing a lot of its value against the dollar. It’s hard to say what the future holds though, I’m not overly convinced that the dollar will devalue too much against the GBP in the future
    1
  2014. Thanks!! It's just a compounding calculator off Google :)
    1
  2015. Hey, it’ll be tied to the Bank of England base rate so I have no idea how much it’ll change. The change from 5.2% to 5.1% is as a result of the Bank of England reducing rates from 5.25% to 5%, so the interest T212 can pass on based on interest received from deposits they hold with banks naturally will come down.
    1
  2016. Yeah that’s correct, most brokers I’ve come across charge the FX fee too. T212 are definitely the lowest fee broker I’ve come across
    1
  2017. Yeah it’s a sensible way to look at things, it’s partially why I was conservative with the investment returns piece, typically 7% per year is the inflationary adjusted return that most will use as a forecast
    1
  2018.  @gracelauraedwards3951  thanks Grace!
    1
  2019. Thanks Stephen, really appreciate it
    1
  2020. Thank you!! 😊
    1
  2021. I hope so too!
    1
  2022. Regulators set the price caps on energy, but yeh agreed with fuel prices, most of it is tax revenue and the actual energy companies don’t actually make a huge profit margin which is crazy to think. Only thing they could do is subsidies energy costs but I doubt they’ll do much more of that than the small amount of money they’ve already given out. It does certainly seem like on thing after another at the moment and certainly feels like a lot of poor decision being made at top level government
    1
  2023. It’s a sorry state of affairs
    1
  2024. Who knows, it’s really anyones best guess
    1
  2025. Robinhood the app is due to come to the U.K. this year apparently! Eagerly anticipating it's arrival!
    1
  2026. Hey! For the FSCS protection yes you could put it the cash ISA - love you too 😂
    1
  2027. Might just be enough to pay off current US government debt 🤣
    1
  2028. Thanks!
    1
  2029. Stocks ISA is for your investments (stocks, bonds, commodities, ETFs, REITs etc..) Cash ISA is just for cash savings
    1
  2030.  @robj7165  you’ll need to deposit £1 into your account within the first 10 days of opening it and it should work
    1
  2031. Hey - feel free to drop me an email: mitchshoesmithyt@gmail.com
    1
  2032. Thanks James!
    1
  2033.  @jackharrison3132  thanks Jack 👊🏼
    1
  2034. What comes up when you click your search icon?
    1
  2035. I know right, they do my head in
    1
  2036. Not yet but I’ll have a portfolio update out soon👌🏼
    1
  2037. He said it at a Berkshire Hathaway AGM in the 90’s so yeah your certainly right that there is some inflationary adjustment to be made over the past 25/30years or so!
    1
  2038. Great stuff Stevie!
    1
  2039. I got mine off Amazon ☺️
    1
  2040. Thanks mate
    1
  2041. Thanks!
    1
  2042. Noted! Love that idea.
    1
  2043. Hopefully the start of a few more in time for my mortgage renewal at the end of next year 😂
    1
  2044.  @TROZJAN  I miss my <2% mortgage rate 🥲
    1
  2045.  @TROZJAN  ah man, that would’ve been amazing to lock in in hindsight, I was in a similar position & only did a 2 year fix 🤦🏼‍♂️
    1
  2046. On T212 you’ve got available a Stocks ISA an Invest Account, and a Cash ISA
    1
  2047.  @calinacio4327  CFD is contracts for difference, it’s leveraged trading which is completely different to investing
    1
  2048. Certainly will!
    1
  2049. Thanks!!
    1
  2050. Yeah I’ll leave the penny stocks to the speculators, definitely not for me 😆
    1
  2051. Hey - yes you can, you can buy the same shares in either of the accounts
    1
  2052. 🤣🤣🤣 it's a great time to be a US tourist!
    1
  2053.  @stEVEN_SMARTER  thanks so much!
    1
  2054. Completely up to you, I use a stocks and shares ISA simply because it’s tax free and at some point in the future I may sell a portion of my holdings to live off / buy stuff and I won’t need to pay any capital gains tax on the profit ☺️
    1
  2055. Long term hold!
    1
  2056. Thanks Jack! Maybe something for the future :)
    1
  2057. Just an IKEA one
    1
  2058. thanks mate!
    1
  2059. Yep that too!
    1
  2060. Hey Ben. Typically that's the approach yes. I don't set stop losses of any sort, that's more for day trading I guess. The only time I'll sell a stock is if I lose conviction in it or the underlying fundamentals of the business change
    1
  2061. Hey Alex, once you deposit £1 into the account the free share should appear, if not click on the three dashes at the bottom right hand side and there is an option “promo code” if you enter “MITCH” it should come through
    1
  2062. Buying and holding! This is just an opportunity to lower my average purchase price :)
    1
  2063. Bought assets and waited for everything to recover
    1
  2064. Yeah absolutely, there is certainly a happy medium to all this “money” stuff
    1
  2065. Hey! Thanks! Let’s hope so! My pension is a workplace pension scheme I’m on, not a private one ☺️
    1
  2066. You can always help pump the stock by liking the video ☺️
    1
  2067. I’m not aware of one but definitely check out the fund information document
    1
  2068. Dollar Cost Averaging FTW!
    1
  2069. Hey Scot, thats a pretty good prediction from 5 years back, fair play!
    1
  2070. Yeh if you can afford to buy a house it is
    1
  2071. Hey Callum, I’d love to be able to answer but I’m unable to provide specific advice based on an individual’s circumstances
    1
  2072. 😆😆
    1
  2073. Thanks Finn!
    1
  2074. Thanks! ☺️
    1
  2075. tend to agree with this
    1
  2076. Thanks Phil. And thanks for the suggestion, I’ll add it to my list of video ideas!
    1
  2077. Thank you!
    1
  2078. Appreciate that mate, thank you!
    1
  2079. I certainly don’t compromise life experiences to save a few extra quid, there is certainly a balance!
    1
  2080. Thanks dude!
    1
  2081. Hey!🙂
    1
  2082.  @-HCH-  Yeah me too mate, best thing to do when times are tough is to just wait it out until better times come around! I'll definitely get another portfolio update in before the end of the year. You too! Have a good one!
    1
  2083. Dividends will appear as available funds in your account
    1
  2084. To utilise the money I have in my business account, to withdraw it and put it in an ISA I’d pay 40% income tax on it first
    1
  2085. Hey, no it comes through as a share then you can keep it or sell it if you want it in your free funds
    1
  2086. Yeh let’s hope for a turnaround by the end of the year 🤞🏼
    1
  2087. Thanks Patrick!
    1
  2088. Thanks Tom!
    1
  2089. Thanks Mark, appreciate it!
    1
  2090. Cheers Iain! Yeh it’s such a powerful investing strategy 😂
    1
  2091. Yes I believe Trading 212 operates in most of Europe too
    1
  2092. Although account types & terms may differ!
    1
  2093. Thanks mate
    1
  2094. Thanks for the feedback, I get it, but another thing to consider is the cost of your time, especially as your progress through the income levels. If you value your time at £100 an hour, and it takes 1 hour a week to do a food shop, you’d be better off paying a premium for convenience, but certainly understand where you’re coming from!
    1
  2095. Love that!
    1
  2096. Same, mostly anyway!
    1
  2097. Thanks Shaun!
    1
  2098.  @CiaranCooney  appreciate the support man, thanks dude!
    1
  2099. I’ve never looked at them before so couldn’t comment unfortunately
    1
  2100. Thanks so much! There is certainly stresses with the job and sometimes times where I'll need to work slightly later to meet deadlines, but fortunately as an office based / working from home job (at the moment), its far easier to manage!
    1
  2101.  @owenkilby7264  yeah certainly, will add it to the list!
    1
  2102.  @chrisbamber942  yeah! Although I wouldn’t bank on it, think this will be set in for a while!
    1
  2103. Thanks Paul!! 👊🏼👊🏼
    1
  2104. Yeah get what you’re saying, but there’s a LOT more regulation now than there was back then especially when you get into the details of required capital ratios etc..
    1
  2105. Thanks Jordan!
    1
  2106. Happiness above everything else! £400k is great too! Kudos to you man!! :)
    1
  2107.  @mikeyb8892  Enjoy! Let me know what you get!
    1
  2108. Make sure you use that promo code for a free share 😉
    1
  2109. Yeah you’re right, it’s a fantastic opportunity to invest, even if in the short term it doesn’t feel like it. I’ll be doing the same as you and cost averaging into the market monthly, and in 5 years from now my future self will thank me for it!
    1
  2110. Yeah and you'll thank yourself in 10 years time if you've invested in some great companies along the way!
    1
  2111. Great video as always Andrei! I personally use credit cards for all of my purchases go get travel points and I just have a direct debit which pays it off automatically every single month. Just over 60,000 points now :D
    1
  2112. Thank you man!
    1
  2113. Thanks! Yes certainly looking to take everyone on the journey with me!
    1
  2114. I should probably distinguish between savings accounts and money market funds, money market funds shouldn’t really be classified as a “savings” account, and instead should be seen as part of your investment portfolio allocation. Some use it as a stop gap between selling and buying shares/ETFs etc… and should only really be used as a short term mechanism to obtain a rate of return on uninvested funds. I’m sure you can get higher rates of interest in savings accounts with banks, where the purpose of those accounts should be treated differently to the money market funds available. Hope that clears things up!
    1
  2115. Quality, wish I was!
    1
  2116. Aston Martin were in a troubled spot not too long ago if I recall correctly? Wasn't their stock down 95%+ ?
    1
  2117.  @sulliez1594  you need to submit a self-assessment form which you can get off the gov.uk website.
    1
  2118. Be sure to SMASH that like button if you're enjoying the content!
    1
  2119. Thanks Kevin. With cost averaging on a monthly basis, if you wanted to ensure that you were buying a stock at fair value or below value, you'd need to run the numbers each month (if you're investing monthly) with updated P/E ratio's etc..
    1
  2120. No you should just be able to transfer over
    1
  2121. Haha yeh I saw that the other day in the news 😂
    1
  2122. Appreciate it Joseph!
    1
  2123. Thanks, appreciate that. It’s in North Birmingham.
    1
  2124. Hey, so you need free funds on your invest account for it to work, not your stocks ISA. That should fix it from being declined
    1
  2125. Thanks Dom - noted, appreciate the feedback 👌🏼
    1
  2126. I wish! 😆
    1
  2127. Thanks James - you too!
    1
  2128.  @TheAnonyy  it’s ok if you’ve signed up it will have registered! ☺️
    1
  2129. Free shares count as an amount deposited so it doesn’t get recorded as extra return on investment if that makes sense
    1
  2130. Thanks David! :)
    1
  2131. Yeh I think the area you live in has a huge part to play, it’s what makes it hard to make these kind of videos with generalised assumptions
    1
  2132. Yeah CMA came out with a report a couple of weeks back that showed supermarkets were profiteering on fuel prices and not passing on the decrease in wholesale prices to their customers!
    1
  2133. Largely thanks to the BoE intervention. In the short term we’re still in a tremendously vulnerable position in a high inflationary climate. We NEED currency appreciation to help bring down inflation too. Definitely not out of the woods just yet
    1
  2134. It should work if it’s a new account less than 10 days old providing you’ve deposited £1 into the account
    1
  2135.  @MegaBankjob  with you on that 👌🏼
    1
  2136.  @scissoroarscissoroar3214  😂😂😂
    1
  2137.  @scissoroarscissoroar3214  this has made my day 😂😂😂
    1
  2138. Totally agree
    1
  2139. Hey Alex, yes certainly, any specific topic around dividends? Or any companies you'd like me to talk about?
    1
  2140. Thanks Max 👊🏼
    1
  2141. Thanks!
    1
  2142. Thanks!!
    1
  2143. Depends on the platform you use and any associated transaction costs. If there are transaction costs for each trade I’d say less frequent but bigger investments would be better
    1
  2144. Cheers Richard!
    1
  2145. Yeh I think it’s inevitable
    1
  2146.  @iabaca  yeah although (from what I’ve heard) a lot of landlords are struggling with profitability even with higher rents because of the new tax rules and higher mortgage rates
    1
  2147. Hey James, I don’t consider that as part of my investment portfolio so didn’t include it, same with cash savings too (even though both would contribute to my net worth)
    1
  2148. Me too! ♥️
    1
  2149. Thanks Jonathan! Yeah that’s what the estate agents have said to me too
    1
  2150.  @MeMe-wz5hv  I can totally understand why if it’s in their personal name, slightly different if it’s being run as a Ltd co
    1
  2151. Thanks Conor, appreciate it!
    1
  2152. Thanks! As an investment opportunity or just for general ownership?
    1
  2153. And me!
    1
  2154. The only affiliate link is Trading 212 as it’s the broker I personally use, the others are not affiliate links
    1
  2155.  @Rampyuk  thanks dude! Great job on making the first step 💪🏼
    1
  2156. That’s Robert, appreciate the support mate! Glad the vids are helping too 👌🏼
    1
  2157. Interesting point - can't say i've thought about it from that angle before! No wonder inflation is still high and being driven by travel and holiday costs in the latest readings.
    1
  2158. Appreciate that man! Thanks for watching!
    1
  2159. appreciate that dude, thanks mate!
    1
  2160.  @christiancatterson2965  haha I guess the more discrete the accent is the better, everyone hates the brummy accent lol.
    1
  2161. Yeah I made a vid on it
    1
  2162.  @user-op8fg3ny3j  here :) https://www.youtube.com/watch?v=oVdRSh1O6Gk&t=30s
    1
  2163. Thanks so much!
    1
  2164.  @user-op8fg3ny3j  yeah I think there was one, I wasn’t part of it but pretty sure they had one
    1
  2165. You could always start one if there isn’t one!
    1
  2166. 😂😂😂
    1
  2167. Hey, hard to say but it probably would be worthwhile, I suspect you’re probably paying some kind of management fees on both, might be worth consolidating into a SIPP - if I’m honest I’m not too clued up on pensions either, definitely isn’t an area of specialism for me!
    1
  2168. Thanks mate, you too!
    1
  2169.  @HelenSaunders-w6o  hey, you can just enter the promo code MITCH in the app (three dashes at the bottom right, then use promo code) and it should work for you 🙂
    1
  2170. I can’t make any recommendations, sorry!
    1
  2171. Love that! Investing 25% of your income is phenomenal, great work man🙌🏼
    1
  2172. Thanks Tom!
    1
  2173. Thanks Andy! Keep pushing on dude💪🏼
    1
  2174. In some areas yes, but not based on average home value prices. OBR are forecasting an additional 9% to what we’ve seen already so in those areas worst affected I guess we’re talking closer to 20%
    1
  2175. Hi Alfie, I guess it’s just personal preference if I have funds in the account I’ll buy a full share, if not I’ll buy a fraction of a share like i did with Facebook and Amazon ☺️
    1
  2176. What are your thoughts on all of this fractional share non compliance talk from HMRC? Let me know in the comments!
    1
  2177.  @sathim11  as long as they don’t own fractional shares yes lol
    1
  2178. Hey! Thanks, it's in north Birmingham
    1
  2179. Thanks Tom 👌🏼
    1
  2180. They will continue to offer money market funds, it’s just if you don’t enable the feature you’ll stop receiving interest altogether. You’ll still be able to enable it after Feb if you choose to.
    1
  2181. Thanks! Yeh I don't think I've done an end to end video on how I complete all my due diligence, I may have picked off elements here and there but will try and dedicate a more in-depth video to it! Thanks for the idea :)
    1
  2182. It’s a fair point and very much in agreement that the likes of Buffet & Munger probably don’t have the appetite for it, similar to how my grandparent don’t have the appetite to use an iPhone or iMac 😆
    1
  2183. Thanks mate!
    1
  2184. big fan!
    1
  2185.  @joshholliss8506  yeah the video popped up on my feed but haven't watched it. Hope he's successful, seems like a switched on bloke with good intentions!
    1
  2186.  @janis.belozerovs  can add Andrei Jikh & Graham Stephan to that list as well🙌🏼
    1
  2187. Very very cool! Great stuff, keep up the good work 👌🏼
    1
  2188. Thanks Howard!
    1
  2189.  @Jcrossland1980  Wow, that's f'in insane! Someone find me an NFT to sell for $10M profit too lol!
    1
  2190. Hey! I feel like a video on UK stocks is well overdue, I'll put something together soon :)
    1
  2191.  @michaelbarry5869  thanks Michael
    1
  2192. My approach to investing; dollar cost average for the next 40 years.
    1
  2193. Fair enough, can’t argue with that!
    1
  2194. Super relatable video Andrei! We've all brought stupid things in the past that in hindsight we probably shouldn't have. A degree being one of them for me lol.
    1
  2195. This was just a fun little challenge, it won't be a permanent holding at the moment - but good to know about FWRG, especially from a fee perspective!
    1
  2196. Hey! Gosh who knows on Nvidia, seems like the gift that keeps on giving supported by the AI push
    1
  2197. Starting at 38 is still better than starting at 48 or 58 though! Still plenty of years ahead to enjoy the benefits of compounding 📈
    1
  2198.  @robertalbers2740  cheers Rob!
    1
  2199. thanks! It's good to be back posting again!
    1
  2200. Thanks Mark!
    1
  2201. Totally understandable with the current market conditions being a little rocky, especially across the tech sector. Hopefully we'll see a recovery by the end of the year though!
    1
  2202. Damn, must’ve typo’d, or I’m just sh*t at maths, one of the two!
    1
  2203. interesting stat!
    1
  2204. Thanks! Its a "Rode NT-USD Microphone", if I'm honest its better for podcasting, I do need to change my mic eventually for the style of video I'm doing :)
    1
  2205. 💪🏼💪🏼
    1
  2206. Appreciate it man! I’ve got a wee bit held back too currently 👌🏼
    1
  2207. interesting, also not great if true, I'd not heard that before!
    1
  2208. Who knows with the UK stock market, it vastly underperforms as it is without any other additional macroeconomic problems!
    1
  2209. Yeh I messed up the math lol, my bad!
    1
  2210. Glad I’m not the only one thinking this…
    1
  2211. Hey, you just don’t have to pay Vanguards account fee, other than that to invest in the actual fund it’s the same.
    1
  2212. Hey, any shares sold (fractional or full) will need to be withdrawn manually to your bank account - takes about 3 business days to get the money in your account
    1
  2213. Think I'll steer clear for now... always like to be open minded about new potential investments but can't say there is any valid reason I've come across to buy one just yet...
    1
  2214.  @Harmsyx  yeh stock price hasn’t been great in recent years 😬
    1
  2215. Hi Will, account fees are 0.15%
    1
  2216. totally agree, its a case of the rich get richer and everybody else gets poorer.
    1
  2217.  @manitalks99  thanks Mani!
    1
  2218. Yeah that’s a very fair point, if you think about it from an income comparison perspective rather than a lifestyle expenses perspective!
    1
  2219. Thanks so much!
    1
  2220. Burrrrmingham 😉 sorry for the shit accent mate, would change it if I could lol
    1
  2221.  @jpminor8783  thanks!!
    1
  2222. No probs! Glad it was worth the watch!
    1
  2223. I haven't - but perhaps I should've done and made another one of these videos at the end of September too, I'm a little bit late now! 😕
    1
  2224. Yeah sounds sensible enough to me to maximise your interest!!
    1
  2225. Lots of good opportunities coming 😍
    1
  2226. Yeh I guess in a sense it’s all relative.
    1
  2227. Haha I do my best to keep it real! 👌🏼
    1
  2228.  @thomasbalraj602  you should be able to deposit funds once you’re all set up… I’d recommend contacting their support team if it’s not working for some reason
    1
  2229. Sounds like something I should do too...
    1
  2230. Thanks so much!
    1
  2231. Appreciate it man, thanks 👌🏼
    1
  2232. Interest in the Cash ISA is protected by the FSCS up to £85k, interest on uninvested cash in your Stocks ISA isn’t protected as the money can be invested in a qualifying money market fund which isn’t classified as “cash” so its unprotected.
    1
  2233. I was hopeful that Robinhood would come to the U.K., perhaps not now lol!
    1
  2234.  @amyk9813  I recommend you read a book called Money Master the Game by Tony Robbins, that’ll give you all the foundational knowledge and confidence to invest, along with teach your family a thing or two along the way :)
    1
  2235. Thanks for the support Will, appreciate you sticking with me 👊🏼
    1
  2236. yeah I think its so important to be open and honest, its such a taboo subject that only very few speak about transparently!
    1
  2237. Thanks Steve! I think I may do another standalone video on pensions, seems like an underserved topic!
    1
  2238. Thanks for watching Samuel, appreciate it :)
    1
  2239. Because I have the money tied up in a business account so it’s one of the ways I can move the money to buy assets. I would caveat this with everyone has their own appetite to risk and leverage and investment properties certainly aren’t for everyone
    1
  2240. Thanks dude! Amazing to hear as well, congrats to you for making the transition!
    1
  2241. Thanks Steven!
    1
  2242. Not heard of this before.. would be interested to hear more
    1
  2243. No tax is due if you’ve invested in a stocks and shares ISA account
    1
  2244. Yeah ground rent and service charge but it’ll be payable by the tenant which I why I didn’t include it in the figures
    1
  2245. Yeah I attend to agree!
    1
  2246. Hey, if it's a pie purely made up of IPO's then it's highly speculative, there are much lower risk investments out there!
    1
  2247. It’s the best strategy, ignore the noise!
    1
  2248. Wish you all the best man! 💪🏼
    1
  2249. Thanks Maria!
    1
  2250. Hey Will, I just hold it in a high interest savings account
    1
  2251. Hey, are you saving for a deposit on a house?
    1
  2252. Hey, I’m self employed now but did have banking background
    1
  2253. 😂😂😂 I’m tempted!
    1
  2254. Yeh you’re right Scot, long term investing is the only good and reliable investing strategy IMO
    1
  2255. Yep for sure, I’ve got a full video on it on the channel ☺️
    1
  2256. Hey, if I’m honest I’m in a very similar situation, I touched on it on my “6 Figure Investment Plan” video. What I plan on doing to diversify geographically is to buy property in the U.K. and keep my other holdings held predominantly in US equities
    1
  2257. Thanks Paul!
    1
  2258. Thanks! I could certainly do an income update at some point, nowhere near that millionaire status yet though… still working on it! 😆
    1
  2259. Thanks Robert!
    1
  2260. If Tesla have a $10T market cap by 2030 I’ll be one happy person
    1
  2261. Thanks!
    1
  2262. Probably worth speaking to an accountant on this one 🙂
    1
  2263. love it.
    1
  2264. Absolutely! My whole portfolio is right now!
    1
  2265. Emergency funds are typically cash savings that you can draw upon at anytime, so no
    1
  2266. Hey, I buy into a fund called the Vanguard S&P500 ETF, there are a few different ETF options available on Trading 212 though!
    1
  2267. To get free fractional shares worth up to £100, you can open an account with Trading 212 using this link: https://www.trading212.com/join/MITCH. Or use PROMO CODE “MITCH”. When investing, your capital is at risk. Terms and Conditions Apply. Thanks to Trading 212 for sponsoring this video.
    1
  2268.  @TompsonsTricks  try entering the promo code "MITCH" in your app, hopefully that'll work for you.
    1
  2269. Thanks John!
    1
  2270. I'm smashing the like button as often as the FED is smashing the print button!
    1
  2271. Thanks man!
    1
  2272.  @robertcrofts2108  :)
    1
  2273. Hey - thanks! It's North Birmingham, but in a fairly affluent area so rental rates are high, however I would caveat that by saying whilst the yield is great, actually monthly profits on it now aren't anything to shout about due to rising service charges (up 30% in a year!).
    1
  2274. Yeah I’m seeing the exact same thing round where I am, big reductions off the more expensive houses seems to be the norm at the minute!
    1
  2275. I would love it if the school system taught this stuff!
    1
  2276. Not as far as I’m aware, have you got a source you can share?
    1
  2277.  @BeccaS-g9k  could you post it again ? I haven’t seen it
    1
  2278. Thanks!
    1
  2279. Hey Paul. Because I've already paid income tax on the money I've put in my ISA, I'd probably be better to keep that money now in a tax free account. If I were to sell the positions in my ISA and put that money into my SIPP, I'd then have to pay tax at a later date on money I've already paid tax on if that makes sense.
    1
  2280. Thanks mate, appreciate it!
    1
  2281. Amazing stuff man! Congrats on the growth!
    1
  2282. Thanks for using it, much appreciated!
    1
  2283. Genuinely can’t say I’ve seen that video, but clearly they’re good props to educate on different financial concepts!
    1
  2284. Thanks Louis!
    1
  2285. Love that quote, certainly with you on that!
    1
  2286. Thanks Jae!
    1
  2287. Thanks Ben!
    1
  2288. Hey! Phenomenal rate to have fixed for 5 years in the current environment. I outlined all my thoughts in the vid and I don’t think there is a one size fits all approach
    1
  2289. Appreciate that Jonny, thanks so much man!
    1
  2290. Yeah ridiculous man!!
    1
  2291. Yeah I don’t think we’ll see 0.1% interest rates again anytime soon to be honest, even if we start seeing deflation into 2024 I don’t think rates will go as low as they were.
    1
  2292.  @dannypeirce6419  no probs ☺️
    1
  2293. I personally favour US stocks on the basis of what I have within my portfolio at the moment
    1
  2294. Agreed, there’s certainly a balance to all this financial stuff!
    1
  2295. Thank you ☺️
    1
  2296. Yeah I could, I’ll add it to my list of video ideas! Thanks for the suggestion. Feel free to drop me a message on Instagram if you want to talk things through, happy to share any ideas.
    1
  2297. Always 💪🏼
    1
  2298. Thanks! Try this: https://www.thecalculatorsite.com/finance/calculators/compoundinterestcalculator.php
    1
  2299. Because I wanted to have 100% of the exposure to individual stocks I’ve chosen (and therefore the performance) than c5% exposure as part of a bigger weighted index
    1
  2300. I’ve got real portfolio updates on the channel where I share exactly what I invest in
    1
  2301. I am, via the S&P500 ETF I hold ☺️
    1
  2302. Lol Marks a good bloke!
    1
  2303. Hiya, if you check out the trading 212 website you’ll find them on there 👌🏼
    1
  2304. Hey, I think its this one: https://www.google.com/search?client=safari&rls=en&q=compoundcalculator&ie=UTF-8&oe=UTF-8
    1
  2305. Maybe I’ll do an updated one soon lol
    1
  2306. Thanks so much 👍🏼
    1
  2307. love it!
    1
  2308. Hey Reece - admittedly as a complete amateur it took me a while to figure out the correct camera settings! I'd appreciate you checking out a more recent video and provide any feedback as I believe I've been able to significantly increase the quality of the footage! Would welcome your thoughts & feedback on how else I could improve it.
    1
  2309. Lol yeah very true, got my work cut out that’s for sure 😂
    1
  2310. Thanks mate!
    1
  2311.  @c40uk98  not for any sign ups no
    1
  2312. Thanks Aeman! Will do, im trying new things in the edits so glad these land well ☺️
    1
  2313. Yeah it’s a fair point to diversify across both domestic and foreign stocks 👌🏼
    1
  2314. Hi Nina, it's always a difficult one to weigh up driven by where the the stock market is trading right now vs wider macro economic issues which may or may not translate into a stock crash in the near future. I made a video on lump sum investing vs cost averaging which will certainly be worthwhile checking out, link here: https://www.youtube.com/watch?v=5zlcxhZIbVg
    1
  2315. Thanks so much! Love that, family over everything, but keep working hard & commit to the education and you’ll get to where you want to be!
    1
  2316. Hey, here is a link: https://www.google.com/search?client=safari&rls=en&q=compoundcalculator&ie=UTF-8&oe=UTF-8
    1
  2317.  @James-p3s8l  morning! Purchase price was £112k, current average estimated value on Zoopla is £121k and I’ve owned it for just 12 months, so c.£9k, albeit I will say I bought it slightly lower than asking price at the time so not all of that is from gains in the property market.
    1
  2318. With you on that 😆
    1
  2319. you'll like my video on Weds ;)
    1
  2320. 😆
    1
  2321. 💯
    1
  2322. It just means the order hasn’t been fulfilled, this is likely because the market is closed or an order block hasn’t been filled yet which is more typical for ETFs
    1
  2323. Hey! Congrats, you are one of the winners of the book from the video 🙂- please could you email me a mailing address I could get the book sent out too. My email is: mitchshoesmithyt@gmail.com. Thanks for entering and watching the video!
    1
  2324. Hurting 😆
    1
  2325.  @Missenden  ah thanks so much !
    1
  2326. I probably should to be honest, I've just not done the admin on it
    1
  2327. Energy sector performing really well so far this year as well so its a fair call out, only downside that I see is the long term performance of stocks like BP/Shell is a concern. Interested in the renewable space, and would certainly like some exposure in that industry at some point soon.
    1
  2328. Consistency and compounding is the key! Roll on retirement!!
    1
  2329. I haven’t seen a good political leader in my adult lifetime that’s for sure
    1
  2330. Thanks!
    1
  2331. Hey Gary, just picked up your other message ☺️
    1
  2332. Thanks mate!
    1
  2333. thats interesting that its only tax on divi's, I was under the impression it would be on any capital gains too. If the brokers are liable for tax, that'd be ideal! Hopefully it doesn't put any financial pressures on them depending on the tax burden. But yeh agreed, gut feel is that fractional shares will become allowable, or they won't enforce any tax liability on them.
    1
  2334. Hi Aaron, going to do a vid on it over the weekend 👌🏼
    1
  2335. appreciate the feedback! Very much reflective of how I've been feeling recently too, open to any suggestions!
    1
  2336.  @benpriest1418  thanks for all the suggestions Ben, I'll definitely add some of them to my list of content ideas!
    1
  2337. Thank you Levon ☺️ but yes, very much so..
    1
  2338. Thanks! ☺️
    1
  2339. Andrei Jikh appreciate all the vids you put out Andrei, thank you ☺️
    1
  2340. I literally had the exact thing happen to me. Agreed to buy a house in November, in February they decided they wanted an extra £15k so they tried to relist through another estate agent. They ended up pulling out the sale and re-listing again, and its still sat on the market today unsold!
    1
  2341. Good spot on the typo. If you start with £600 and invest £600 a month for 10 years thereafter you will have contributed £72.6k though…
    1
  2342. Thanks again!
    1
  2343. I live in my personal residence
    1
  2344. Can't say I've been in that position but yes I suspect so, once you've made the most of your tax free options, it'll just be a case of looking at your other options (whilst minimising your tax liability!) like perhaps adding more to a pension could be one viable option
    1
  2345. If i'm honest I have no idea... are you sure you've executed the positions properly on both practise and real accounts? As long as the profit is on the real account, thats the main thing!!
    1
  2346. Thanks Andy!
    1
  2347. I’ll take a look at it, thanks!
    1
  2348. Thanks Joe!
    1
  2349. Shameful if that is the case
    1
  2350. Not heard that saying before, but I like it!
    1
  2351. If you type in compound calculator on google it’ll come up
    1
  2352. Thanks Christian!
    1
  2353. It’s exactly what I did when I was 21 and worked out well! Keep learning dude
    1
  2354. Thanks Alfred 👌🏼
    1
  2355. Hi Sean, thanks lol, I got it from a Ted Baker outlet in the midlands, I think it was only £40/£45👌🏼
    1
  2356. Hi Peter, if you’re using an ISA, they’re tax free - so no tax to pay. Highly recommend taking a quick look at this government article for more details: https://www.gov.uk/individual-savings-accounts
    1
  2357.  @petermatthews2831  assuming that’s the only capital gains you’ve made then no, you get a tax free capital gains allowance of £12,300 per tax year ☺️ source: https://www.gov.uk/capital-gains-tax/allowances
    1
  2358. what stocks do you have on your watchlist?
    1
  2359. Appreciate it man, long way to go but heading in the right direction :)
    1
  2360. Nice!!
    1
  2361. It was always inevitable! Potential that the worse is yet to come...
    1
  2362. No problem! Glad it was helpful 👌🏼
    1
  2363. Fair play to you for getting yourself to where you are, sounds like you’re doing all the right things so keep working on it! Kudos to you mate!
    1
  2364. 100% agree with you - great point!
    1
  2365.  @marcmark6374  it doesn’t make for good reading atm 😂 I’ll do one perhaps in a week or two, I’ve not long done one, think it was only a week or so ago I did the last one
    1
  2366. Yes you should be able to
    1
  2367. I think it all depends with what you're comfortable with...
    1
  2368. Hey, firstly thanks for the kind words! Secondly, yes you are correct in that with the Vanguard S&P500 ETF you can only buy whole units, so if you have a routine investment of say £400, you may be able to buy say 6 units and you’ll have a few quid left over in your cash balance when investing on the Vanguard platform. Hope that helps ☺️
    1
  2369. Yeah probably too long in hindsight
    1
  2370. We’re doing something similar in the U.K., cutting interest rates to lower the cost of borrowing plus “compensation packages” for employees who can now no longer work up to £2,500.
    1
  2371. Yeah and I also hope they don’t “simplify” but make another stupid change which hinders us
    1
  2372. Wasn't aware of that, that's mad!
    1
  2373. Thanks Adam!
    1
  2374. Hey! Yeah for sure you make a great point, the SIPP is something I’ve discussed with my accountant, I’ll definitely be considering doing both. The aim is to get another couple of properties and then I’ll likely go back to my bread and butter of long term investing in the stock market instead, depending on how things play out of course!
    1
  2375. Stay strong man 💪🏼
    1
  2376. Thanks!
    1
  2377. Yes
    1
  2378. Hey Curt - I just use a wallet to store it all currently
    1
  2379. Thanks!
    1
  2380. 😆😆
    1
  2381. I’ve only ever worked at the same company since graduating so I’m probably a bit naive to it! Don’t really have an idea what other employers provide, but certainly grateful for it!
    1
  2382. Fair play man 👌🏼
    1
  2383. Definitely on the same wave of thinking 👌🏼
    1
  2384.  @AndyCBR1979  thanks mate!
    1
  2385. lol yeh more than likely, he also takes private jets to travel around the country, assume tax payer funded too
    1
  2386. Thanks mate, appreciate it!
    1
  2387.  @hajnalkanandori2704  appreciate that! Thanks so much!
    1
  2388. Appreciate it Iain! Congrats on the 1k subs, the 4,000 watch hours will soon come 👌🏼
    1
  2389. Good to start investing full stop in my opinion if you're in it for the long run!
    1
  2390. Agree with you DC!
    1
  2391. Thanks mate!
    1
  2392. Great stuff Ben, glad to hear you working towards your goals man. Glad you enjoyed the video too :)
    1
  2393. Love that! Great goal to have💪🏼
    1
  2394.  @tomaszcz7928  amazing, really inspiring that is mate! Good on you 👌🏼
    1
  2395. Thanks for the support man :)
    1
  2396. Appreciate that Craig - thanks mate!
    1
  2397. Yeah for sure, and a side of me is also considering de-leveraging after my 2 year fix is up anyway to offset any issues with interest rates, but that’s something to consider for midway through 2025!
    1
  2398.  @scittyboom1989  hadn’t though about that, thanks for the info! Amazing you’ve got all those BTL’s, congrats!!
    1
  2399. Thanks Neil! Great to hear you’ve made it work too 🙌🏼
    1
  2400. Lol, I think it goes without saying the UK are in the bin right now 🗑
    1
  2401. Hey, no I started in 2017 ☺️
    1
  2402.  @stubbyschimneysweeping6096  thanks!
    1
  2403. Thanks! Couldn’t agree more!
    1
  2404.  @user-op8fg3ny3j  hey, are you referring to the the renters reform bill?
    1
  2405. Hey! If you click into the stock you’re looking at, there is a price alerts feature which you can click on and set your specified price target to be alerted.
    1
  2406. Thanks!!
    1
  2407. Thanks!
    1
  2408. I would always say yes to this! "Buy when there is blood on the streets"
    1
  2409. You investing into a lot of US stocks too?
    1
  2410.  @cowsaysmoo122  very much in the same position man!
    1
  2411. Fivrr, Upwork, I’m sure there are plenty more!
    1
  2412. Thanks so much! Glad you found the course useful too 🙌🏼
    1
  2413. Thanks Charlie - appreciate it man! The main thing on there is my Investment Portfolio tracker which you can convert into your own, then I tend to upload my other workbooks that I use to create some videos with e.g. Tesla stock price forecaster and 20/40/10 car affordability tracker, and this week I'll be uploading my "how many shares for £1,000 in monthly dividends" spreadsheet. Plus a private discord group too :)
    1
  2414. Thanks Ray, really appreciate the kind words.
    1
  2415.  @joelsherpa2187  thanks Joel!
    1
  2416.  @aurelienlegoff1858  love that! Such a good way to stop impulse purchases!
    1
  2417. Hey, did you do a portfolio transfer?
    1
  2418.  @VidushiJaidka-nq2ms  hopefully it helps! Drop me a message if you have any Q's
    1
  2419. Yeah great time to be a saver!
    1
  2420. Yeah that’s the perfect reason to have a credit card, just make sure you pay it off each month!
    1
  2421. appreciate it Jim, thanks for tuning in :)
    1
  2422. ISA account
    1
  2423. Certainly, let me take a look into it 👌🏼
    1
  2424. Thanks so much!
    1
  2425. Ah thanks so much man!
    1
  2426.  @NinjaXInvesting  hey I use davinci resolve
    1
  2427.  @NinjaXInvesting  amazing man! Wish you all the best with it!
    1
  2428. Thanks! Completely agree - there is always room for some speculation within a portfolio IMO!
    1
  2429. Thanks Paul!
    1
  2430. Thanks LH, I'll make a note! On the BTL property, could you put one through a LTD company instead? Few more tax advantages to putting it through a company than owning it personally.
    1
  2431. Thanks Jake - I think everyone’s investing time horizon is different, you might have aspirations to drawdown on the money in 20 years rather than 40. However it doesn’t necessarily go to say you’ll withdraw all of the money after any given period of time, but that’s more something you’d work out when your doing financial planning later down the road 👌🏼
    1
  2432. Amazing man! Great work📈
    1
  2433. Hey, certainly open to it, send me an email!
    1
  2434.  @Reeteshxd  mitchshoesmithyt@gmail.com
    1
  2435. Yeah it’s definitely a good reminder to look historically sometimes when similar conditions are playing out!
    1
  2436. Yeah those high growth plays have really took a beating man; it could take a while for a turnaround but I'm sure the best stocks will pull through in the end!
    1
  2437. Thanks so much man ☺️
    1
  2438. Thanks Andy!
    1
  2439. Any particular reason why?
    1
  2440. Not heard that one before, perhaps the profile pic is a bad pic, probably in need of an updated one 😂
    1
  2441. Thanks!
    1
  2442. Hey Ben, the main reason is it’s tax free. Invest is subject to capital gains above the tax allowance and the CFD account is for day trading which I don’t do ☺️
    1
  2443. I've seen another comment saying this, you'd expect it to be accurate figures coming from the US government... I'll have to do some more research on it!
    1
  2444. Hey! Just to confirm this is correct, I think I said in the video something like “all deposits above £2K”, but this is only the case if you deposit via card payment. Bank Transfer is free 👌🏼 thanks for calling this out!
    1
  2445. Chip? I've not come across them before... are they some kind of Fintech or something? Thanks for the recommendation
    1
  2446. If interest rates weren’t so high then yes
    1
  2447. Yeh I think the best approach (for me anyway) is to focus on building a portfolio whilst paying down a mortgage at the same time
    1
  2448. for sure!
    1
  2449. Happy Sunday guys! To get one FREE fractional share worth up to £100 sign up to Trading 212 and deposit £1 using this link: https://www.trading212.com/join/MITCH. Or Use PROMO CODE “MITCH” (Capital At Risk. Terms and Conditions Apply)
    1
  2450. Hiya, yeah the money just lands as cash which you then just place a new market order with, yeh the value should be the same as VUAG
    1
  2451. I'm partial to an S&P500 ETF too :)
    1
  2452. lol true...
    1
  2453. Thanks Ben, really appreciate it! Always trying to improve to make better content for you guys 👌🏼
    1
  2454. Hey - you obtain returns from both dividends and gains on the value of the units of the ETF you own. So actually, the 9% average rate of return I quoted is more like 10.49% when you add on the annual dividend on top!
    1
  2455. haha we hope and pray!
    1
  2456. Thanks man!
    1
  2457. Hey Tom, no not always, I’m a bit more selective based on valuations and current performance, at the moment I’m largely just investing in my S&P500 index and have been for the last few months
    1
  2458.  @piperwarrior5705  hey, yes you can sell the share and reuse the funds for whatever you want
    1
  2459. Yeah, I guess thats a good thing for people to sort their ISA's out if they want to move!
    1
  2460. Correct unless your money is held in an ISA
    1
  2461. I know, portfolio got slammed after Zuck just spoke about how he’s going to spend loads of money lol
    1
  2462. Thanks Raj, appreciate the support man!
    1
  2463. Thanks! Simple answer is if you can get the help to buy isa money moved into a Stocks and Shares ISA before the end of this tax year (you have until 5th April), your £20k allowance resets on the 6th. Could that work?
    1
  2464. It hasn't if you use my link :)
    1
  2465. Ahh i see!
    1
  2466. Thanks dude!
    1
  2467. Yeah man!!! I went to Silverstone on the weekend🏎🏁
    1
  2468.  @tom7676  yeah and me!
    1
  2469. Thanks Dude! Psychology of Money is a good one, and personal favourite is Money Master the Game by Tony Robbins!
    1
  2470.  @oliverbrabec2084  Hey, I’m assuming its because its Bank Hols and markets are closed, it should hit your account tomorrow :)
    1
  2471. Thanks! Amazing stuff man, great to hear!
    1
  2472. Thanks Alex!
    1
  2473. Thanks so much! Glad the channel has been useful for you 👌🏼
    1
  2474. FreeTrade is another good alternative IMO
    1
  2475. Thanks! 👍
    1
  2476.  @stubbyschimneysweeping6096  thanks mate!
    1
  2477.  @mitchrils  yeah true 😕
    1
  2478.  @ChompsLewis  yeah and me, now it’s next to nothing on the 123 accounts 🙁
    1
  2479. The video is 4 months old which is probably why, there will be new data out now I imagine
    1
  2480. Agreed!
    1
  2481. Hey, I studied Business & Management, what are you studying ?
    1
  2482. That’s amazing Tim!!
    1
  2483. Appreciate it Martin - thanks mate!
    1
  2484. Hey Simon, thanks! I can’t give advice on individual shares unfortunately!
    1
  2485. That’s really solid man, keep up the great work! Ps I love a 911 too 😆
    1
  2486. Thanks mate - getting there, hopefully will be good by Sundays upload 😆
    1