This video is a bit out of date! We have an up to date tutorial on Financial Interest here: ua-cam.com/video/YxR171GJpu4/v-deo.html The app has changed a lot since I made this video a few years ago.
Inflation hits people a lot harder than a crashing stock or housing market as it directly affects people's cost of living that people immediately feel the impact of it. Not surprising negative market sentiment is so high now, We really need help to survive in this Economy. The fin-Market;s have underperformed the U.S economy as fear of inflation hammers the prices of stock;s and bonds. My portfolio of $250k is down to $172k any recommendation;s to scale up my return;s during this crash will be highly appreciated.
You have to get a financial-advisor/broker to aid you diversify your portfolios to include commodities, inflation-indexed bonds and stocks of companies with solid cash flows, as opposed to growth stocks where valuations were based on future potential earnings.
@@anitagranade4599 I agree, my proffit have been quite consistent, regardless of market situation, I got in early 2019 and the constant downtrends and losses discouraged me so I sold off, got back in Dec 2020 this time with guidance from a portfolio-adviser. I found her on a CNBC interview where she was featured and reached out to her afterwards. long story short, its been two years now and I've gained over $85k following guidance from my investment adviser.
Danielle reyes clark is the best analyst/brokerage-adviser. She has been of great help and her tutelage has brought me to a higher understanding of profit generation. You can look up her name on the net for her page and reach out. She Understands the job perfectly
@@moarelzahaar9946 This recommendation literally came at the right time, I dipped by $11k in stocks last week alone. Its crazy! I just looked up Danielle reyes clark online and researched her accreditation. She seem very proficient & I wrote her detailing my Fin-market goals. Information they say, is power. Thanks for this.
Top editing AS PER. A Saturday well spent my friend ;). I've got my gf's ISA setup with Trading 212 - not the most varied fund selection, but had enough to get decent exposure in selected areas... and the eSports ETF
Hi Greta, That depends on how much you earn. You would need to earn more than £12,000 in capital gains (growth in the stock) before you had to pay tax, or more than £2,000 in dividend payments in a year. So unless you have some serious gains, you are probably not at that level yet?
@@DamienTalksMoney ahh okay, so is this separate to income tax then? I thought that because I already pay income tax that I would have to declare investment returns as an additional income? Thank you for responding!
Hi all - New starter here with Trading 212 and need a bit of advice as I cannot find relevant ETFs and Stocks even tho they are most popular in the world. So I have opened an ISA account today for tax purposes and I want to move my funds from Etoro to Trading212. However some of the most popular investment tools are not available. For instance I cannot find the biggest Vangurd fund VOO or real estate VNQ. Or best dividend etfs out there like SCHD, DGRO, HDV, SPDR etc Also clean energy like TAN, ICLN not there either What am I doing wrong? Thank you
@@DamienTalksMoney so therefore I can only invest in UK stocks? will they all have an uk equivalent? VOO is replicating the s&p500, all US stocks so can't figure out how it can have an UK equivalent...
@@stoicaalex90 No not at all VOO is an american stock listed on the american markets that tracks the S&P 500. VUSA does the exact same thing but it is listed on the UK markets. American funds work by different rules so different versions of the same thing are listed in the UK
Could you recommend similar platform to trading 212 , please . Due to high demand on training 212, I am unable to open an account at the moment and have placed myself on a waiting list .... hence would like to try similar platform ... Thank you for a very informative video !
Hey DAMIEN, Thanks for all your hard work in getting the money message out there. I have a question. Given theses limits have stood for some years now, how might you begin to lobby the FCSC's paltry £85k limit. Given ISA utilization for tax sheltering and, as such, is required to be a long-term deal. Surely it's time these limits were raised for such investment requirements?
Hi Greg, In the ISA window, there are 2 sections 'Investments' and 'Pie'. I am new to all of this, so my investment is £250 but my pie says only £83. I want to know why that is ? As its an ISA, I thought this would be the same on both. My pie is made up of the same shares as my investments. I am now confused if I will get my money back in 10 years, as I can only withdraw from the ISA Pie section. When I try to withdraw from the investment side, I can't withdraw anything. Therefore, can I transfer the funds from the ISA Investment to ISA Pie ?
Tried the promo code with an invested ISA, it doesn't work. I guess I needed to not use all my ISA allowance before applying the promo code. This is a crucial piece of information I managed to miss. Then when I tried to apply the promo code on the invest side it said I already claimed free shares. Can the promo code be used in conjunction with the introductory offer for Apr 2024?
Another brilliant video, taught me about features I didn't know about. Just started to put some money in this week, 94 quid, and I can't stop looking at the app. Luckily I seem to have choose well so far, Roll Royce and Cineworld have benefit well from Boris announcement.
Haha don’t obsess too much over the app mate! It’s killer when it turns the other way. There will be ups and downs all part of the process! Thanks so much for watching
@@DamienTalksMoney I'm sure it is . An I'm sure I will get bored checking it several times a day as well. At least I'm putting all that reading the news to a bit of use. Hopefully it will pay off at some point.
I used the promo link and made an account but only received £10 in free shares. Be aware that it’s an amount up to £100 in free shares and is randomly selected 🤷♂️
Damien hi I really wanted to try trading 212 but I do not have much money. I just wanted to make it like a passive income. Is it worth going to it? Thanx
So, is this still a recommend platform today since the GME situation? My concern is, if they stop people trading are they to be trusted? They cannot accept new members, is there something wrong with the business... Is my personal data safe with these people? As they're not based in the UK. Is it a case that, you get what you pay for...
Hello! i honestly don't think it was 212 decision to stop people trading, it was the market makers who supply them. They are covered by the FSCS which is about as much confidence as you can have in a platform
@@DamienTalksMoney thanks. Do you have coinbase? I signed up like an idiot and they are still reviewing my account, I already knew this was happening. Now I'm concerned they have my Id. Didn't spend much thankfully.
Hi Damo, great video again! I've been using Trading 212 for the last week (+ Freetrade) based on your videos, you're welcome for the free shares :P I've got a question: If Trading 212 doesn't charge any money (other than the different buy /sell prices), why would I not just use Trading 212 instead of Vanguard for my long term VUSA investment? Is Trading 212 actually cheaper since Vanguard has about 0.22% fees (charged on my entire portfolio), whereas Trading 212 doesnt? Or, does the difference in buy/sell prices effectively mean that Trading 212 is actually the same as or more expensive than Vanguard in the long run? This is just from a financial POV, because of course, there's the advantage of using a separate independent platform like Vanguard which I hardly ever check for long term investing, and leaving T212 for short term bets on Cineworld lmao...
Hi mate great question! So there is the difference between the buy and sell price, but there are also fees for the ETF similar to the fees Vanguard apply on their index funds. so it isn't like they are free. It is often the case that ETFs work out cheaper. even when you consider these fees. From April I will likely be using either freetrade or 212 as my main isa provider for the next year, I will do a video in may on this and explore who i think is the best option overall. As again its a balance between the ISA fees freetrade charge and the buy and sell price difference 212 apply. It is never a simple answer is it.... haha I defo think the set it and forget it argument is to be considered also and I also think it is wise to open a new ISA each year with a different provider so you can build different pots with different providers that all have their own 85k cover with the FSCS. I can see that by the time I retire I will have a fair few pots like 5/6 all with different providers all with the 85k cover. As personally I wouldn't want a million quid inside a 212 account as they are a relatively new platform. I hope those early morning ramblings make at least a bit of sense Greg! this is a question I ponder all the time at the min. Thank you so much for watching and for using my link! if you don't get a free share within 3 days let me know and we will go to war! Damo
Nice one Damien; it's been amazing watching the quality of your vids improve with each one! Now, I have a Vanguard ISA, but after watching your vid I am not seeing a financial downside to having my ISA with Trading 212 and just purchasing Vanguard Index Funds through the T212 app. Wouldn't I be better off doing this, on the off chance that I also have some success with short term investing in individual stocks? Would love to know you thoughts on this, thanks!
Hi! Thanks so much for your kind words on the videos made up that you think they are improving! So if i am being honest in April I will probably be switching to 212 or freetrade as my main ISA provider for the points you have highlighted here. These platforms have come out of nowhere really and just completely changed the game. I want the ability to both invest in index funds and pounce on short term stuff inside of an ISA. But i also think it is wise to open a new ISA each year with a different provider so you can build different pots with different providers that all have their own 85k cover with the FSCS. I can see that by the time i retire i will have a far few pots like 5/6 all with different providers all with the 85k cover. Hope that helps and isn't too confusing! Thanks Damo
Thanks Elliot! haha yeah it is certainly addictive staring at the app going up and down! Mate your sub count!!! it was 8k when i last checked. Well done!
Hahah that’s it! I think a lot of people are not confident stock pickers but made a lot on Tesla!! I’m no expert but it is certainly more fun than my index funds.
Hello, i started with trading212 a few days ago using your referal and its a good app but since they blocked GME and AMC stocks they proved they dont care at all so im looking for another trading platform what would you suggest? Thanks
Hello! I will be looking out for what 212 say on this as it appears they are allowing trading again and I don’t think the action will have been taken lightly. It may have been of there control. Freetrade didn’t block transactions and I have done a video on them. Check that out they are basically the same as 212
@@DamienTalksMoney nice off to freetrade then!! Ill use your link again thanks!! The fact thst some brokers allowed and trading212 robinhood etc didn't says a lot.. check trading212 reviews on google app store they roasted them 1.1stars weeell deserved.. people who didnt rate yet go give them that 1star*
Hi Damien, I'm loving the videos ! A video idea could be how to create a diverse investment portfolio and what that might look like (REITs, ETFs... Etc ) I'd find that really helpful and maybe others would too. Thanks again for your informative and enjoyable channel 👏🏼✨
so am I allowed 1 cash isa with my bank and 1 stocks and share isa with say trading 212 for example? Because they are different types of isa’s I’m guessing that’s fine? As long as I don’t have anymore on any other trading sites ect
@@DamienTalksMoney yeah I thought that’s how it works thank you for the confirmation :) I’m only just getting into the whole investing into stocks and shares thing so these tips definitely help
Great content as ever Damien , quick one re 212 as I’ve been using them for a couple of months now. Some stocks like S&P500 if you buy stocks at market the order completes almost instantly. Other smaller cap stocks when you place a buy order, all at market (both during and closed market) you are waiting an Earth for it to be executed. I’ve been waiting nearly a week for one trade currently as it’s still pending so debating cancelling the order. Just wondering why is this please? @Damien Talks Money
Basically mate it all comes down to the fact with something like the S&P so many people buying and selling constantly orders always go through instantly. But with some of the small companies you will need to wait for someone to be selling or buying, This can be an issue with a rapidly rising small stocks as no holding them wants to sell them.
There is NO SPREAD in the Invest/ISA accounts. It is illegal as per MiFID 2 regulations to mark up prices on stocks and shares in the EU. There is a spread in the CFD part of the business. But that is not investing, that is gambling and has its own set of rules and regulations.
Hi Thanks for this insight! maybe I phrased it incorrectly, but there is defo a difference between buy and sell prices on both the invest and ISA versions of the app as I showed in the print screens. I know freetrade don't do this, but 212 do
haha yes harry! I would love a pint in a pub right now. But a free share would be amazing. Thanks so much mate! good luck and i hope you get a big free share!
Yet again, another top video! 1st time commenting on any video's for some time but man, you are killing it! Oh and thanks for the boohoo heads up a few weeks ago. Currently up 14%
Hi Dear. Hope u doing well. Just a quick question. Is atrading 212 still offering free share though reference for new customers. For example if i open a new account and share a link with my friend. Will we both receive free share?. In their terms they wrote that As of 11. 01. 2021 no new invite links will be provided. Regards. Fame
I don't think they are looking at their terms.... go and check out my video on freetrade, very similar service and they still offer the free share invite.
Hi Damien, I have watch numetous videos of yours, I have £1000 to start investing. As a complete novice is there anyone platform you would recommend and yes I know your not acting as a financial advisor. Any advice would be appreciated, cheers
If you are protected up to £85,000, is that £85,000 sitting in cash in your account as well as the stocks you own, or just the value of cash and stocks held within the app? For example if I have £1m+ after 40 years, am I only protected up to £85k?
It is 85k on the platform cash or stocks. And yes if you have a million the cover is onyl to 85k. this is why i build multiple pots on multiple platforms. just rotate which isa I use on different years,
Thank you so much for the easy and basic training minus the frequent memes etc! I enjoyed mostly and it helped. It’s a shame I had downloaded the app before seeing yours. I could barely understand the jargon Trading 212 had explaining things etc. New subbie here. I appreciate the content!
If I start a trading 212 account can I pay into the 212 account with a dank account and have any money earned payed in a isa not stocks and shares isa and not pay tax
Hi Damien, love your videos, Ive started investing at vanguard and T212, but Im a bit confused about the ongoing fees when buying funds on T212, they are not displayed? Where as on Vanguard they are very cleared easy to find. I chatted to Trading 212 yesterday and he said there were no ongoing fees for funds (index or otherwise) on Trading 212, but can that really be right? Of course the Vanguard and index funds must still charge their fees no?
Obviously the index funds charge fees, but Trading212 doesn't. So, you should do your own research before buy them. You can find expense ratios on Yahoo Finance.
I can't see the option for ISA on my trading 212 app. Just invest and CFD. I played around with trading 212 a bit but now I have some disposable savings an ISA sounds fine. I prefer to manage myself rather than opening in a bank where they probably won't manage it with as much care as I would. How do I get the ISA option in trading 212? I need the tax free option and 20k limit is suitable for my investment.
So in the top left is a button you click and it should let you switch between the ISA, CFD and Invest account. If you cannot see this message customer support
I know this is a few years old, but I wonder how they make money? where is the catch? seems too good? giving it a go though, thanks for the tutorial, great content and informative, love you vids
They make it by people using the CFD side of the business so they offer a free ISA so loads of people come across and then the small few who gamble on CFDs pay for everyone else. Like free drinks in a casino
If you have 2 S&S ISAs - opened in different years, can you for example put 10k in each, in a tax year or are you restricted to putting IN only one ISA per year. I'm seeing differing advice..! Help! I would like to put in X into vanguard indexes for long term, and put some on individual stocks both as ISAs but think it breaks the ISA rules to do it in the same tax year?
Hi mate! So you can have different ISA but you can only pay into 1 each year. so in April the 20k limit resets and which ever Isa you pay into first that is the only one you can pay into that financial year. April is just round the corner though and I also think it is wise to open a new ISA each year with a different provider so you can build different pots with different providers that all have their own 85k cover with the FSCS. I can see that by the time i retire i will have a far few pots like 5/6 all with different providers all with the 85k cover. Hope that helps buddy. been meaning to ask is that black eye yours? She is a beauty.
What a legend you are!! another option is freetrade, check out my video on them, they are basically the same and still give you a link!! I want you to earn that sweet free cash also.
Always happy to see a new video! Trading212 is good, but I refuse to use these new cheap brokers like Robinhood and T212. Something just makes me worry 😅 I personally use DEGIRO and HL.
hahah yes i used to share this concern, but honestly the FSCS thing is all the reassurance I need. I can honestly see the likes of 212 outpacing HL in terms of user numbers in the coming years if they dont evolve
Hi Damien, Are you using an Android or Apple phone? The reason I ask is because I downloaded the app onto my iPhone and the layout is very different to that displayed in your video, hence very confusing. One other niggle I have is the speed of your presentation which is too fast. Being a retired teacher I know a thing or two about this subject. Learning a new topic or skill is confusing and this confusion is made all the worse by a teacher that speaks too fast. I know that you are keen to get the message across but remember just because you think what you are saying makes sense to you it doesn't always make sense to your audience many of whom are senior citizens!
This is quite an old video now The below is more up to date and hopefully you will find my pacing has improved ua-cam.com/video/yjS6kc7LiuM/v-deo.htmlsi=CJYWZbDT6QPoACE-
Hi Damo Great vids mate. Just opened up a Vanguard ISA S&S account the other day. You mentioned in another vid about paying you monthly into this. Assuming your 212 account is just a trading account due to limits on ISAs?
Hi Damo, love the editing on this vid, unreal! Quick questions, can you have an up and run in account with Vanguard as well as one with trading 212 or freetrade (2 accounts all together)? Is that allowed? How would the £12,300 tax free allowance on this? Thanks mate
Thank you so much! You can have 2 accoutns but only have 1 ISA that you pay into each year so one would need to be a General account which would then be subject to Capital gains tax and Dividends if over 12300 in gains and 2k in divs
Hey bro just started watching your show and new to trading. Your channel is amazing and not boring 😂 Which would you say is better to use, trade 212 or vanguard?
Hi Damien, you are the only one I am following on UA-cam. Keep doing great work! Can you please compare Vanguard and Trading 212 and suggest which one is more cost effective stock investment platform? Please consider all fees, buying/selling price difference offered on stocks and everything else.
Don’t know what’s going on here but my newly install Trading 212 app is not showing the same as what your demonstrating? I’ll keep an eye out for any updates 👍
Ha great vid. I use T212 for a bit of fun at the moment and try to follow the market, so I trade way more often than I would on another platform like IG. Do you use anything like Stockopedia to research companies before you buy? Would be interesting to hear what you think of it if you do.
Yes i do! and Morningstar i also use the data on 212 itself. Focusing on the amount of debt and cash the business has and the year on year revenue growth.
Honestly I used Vanguard after switching from HL as I was unsure about 212 and Freetrade is terms of choice of investments. They have bulked up their offering a lot this year, I will likely use one of them as my main ISA from April. I do think vanguard is better for the set it and forget it style of investing as the lack of app, stops you checking it all time,
Do you not feel that free trades are too good to be true? It plays on my mind daily. That, plus app downtime if the you know what hit the fan and you were unable to cash out. It was impossible to log in recently when Tesla were confirmed to be entering the S&P500. My IG app, although laggy was fine. You often get what you pay for in life?
Hi simon! Yes indeed you do get what you pay for and recent crashes would concern me if I was a trader and needed to react quickly to news. To buy or sell a position. But as someone who buys and holds. It doesn’t really concern me! As I rarely rush to a share based on a bit of news. I do think you need to monitor the hidden fees. Like the spread on 212. This can actually add up if you trade a lot. Thanks for watching mate! Hope that answers your question
Hey Damien, first of all... Great video, your editing style is so unique, so great job on that. Secondly, I've got 2 questions 1)If you open an account on Vanguard and you are using a Vanguard ISA, can you use that same ISA when opening an account on Trading212? 2) How much of a difference makes to have index fund investing in Vanguard and share investing in Trading212? I mean, Trading212 is doing both as I got from your video, so is the answer as simple as 'go with Trading212 for both' or there are real advantages on keeping them separated. Cheers mate!
Thank you mate!! 1. no the isa is linked to the platform. 2. honestly not much at all! you may as well just use 212 so you can do both if that is what you are after.
Hi Damien, what is the best way to keep up to date on news in regards to the larger companies you would invest in long term, I don't tend to watch tv news so im wondering if there's any youtube channels that exclusively cover this news. Thanks for the informational videos!
Hi Mate, I read the motley fool a lot for this sort of news. I tend not to watch too many youtubers on market news as they are often in a position where they need to release content so push everything as big news.
Great video, Damo! Quick question: I recently opened my first stocks & shares isa with Vanguard. I’ve invested in ETFs and a lifestrategy fund. So my question is when April comes around, and I open a new isa with T212, is it worth me selling my vanguard shares and reinvesting the money into the same fund but on T212, as T212 don’t allow isa transfer of funds? Or should I just continue my monthly investments until April and then just leave my Vanguard alone to grow as is and redirect my investments from April onwards to T212 isa? Grateful for your advice on this, as I’m starting to think opening my vanguard isa wasn’t the best move compared to T212!
Hi Mate! Personally i like to keep my ISAs open with old providers so that i can build multiple pots of investment cash with different providers all covered by the FSCS. gives me piece of mind and allows me to switch between platforms year on year dependant on who offers the best features that year.
so you were talking about the home page and how if a company has risen by 80% you dont need that temptation, but why wouldnt you do it, isnt it a really good thing?
I’ve never laughed out loud watching UA-cam as much I did watching your phone nit your head! 😂😂 your content is ACE. You need your own Netflix!! Thank you SO much for this tutorial. I downloaded 212 and had no clue where to start- turns out I was in the wrong section (CFD) all along.
Thank you so much mate! makes the bruise and pain all worth it haha. Yeah a lot of people accidently end up on CFD and it is a whole other world on there! hopefully the investing side makes a lot more sense!
Haha, that was a great video Damien! Thanks for all the insight and knowledge on Trading 212 - I now feel a bit more confident in myself when making investments! Cheers!
Quick question to Damien or anyone who has Trading 212. I want to invest in the Vanguard life strategy. I know trading 212 has some Vanguard index funds but does it have the life strategy fund.
Hi Damien, Thanks for the great vid and helpful info. I have a question about a stock ISA. I know the UK limit it £20,000 for putting money into a stock ISA. My question is: Say I put £20,000 in and, let's say I make £2,000 profit on a share. My balance is now £22,000 (minus whatever fees, etc). Can I buy another share with that £2000 profit (if the profit has always remained in the stock ISA), or will that count as going over my allowance? I think I read somewhere that you can, but I can't find the source of that info and googling it again is not showing me the answer. So I'd really appreciate some clarification on this if you can. Thanks!
Yes you can! The 20k is only about how much cash you can place inside the isa. Once the money is in there it can grow as big as it likes and you can invest it however you life. The 20k if Just about what you put in, not how big it gets
@@DamienTalksMoney Brilliant! I love it. So glad that is this way. Thanks a lot for confirming. I'll just make notes of every amount of cash I deposit.
Hi Damien, I love watching your videos. And also used your link to create an account in Trading212. I bought some shares there and was charged some sort of fees and also exchange rate of 0.01 was applied for UK shares while I was already dealing with GBP. Any idea what is the fuss about it. Would love to see a video concentrated more on hidden things like these when they proudly say that the trading is free of charge.
Hi Manish! thank you for using my link and watching the videos! 212 don't charge dealing fees, But you can still pay stamp duty which is applied by the government and also exchange rate fees, but you shouldn't be charged this when buying British businesses in pounds. I would probably contact them to get an exact explanation as to what and why you have been charged. Thanks Damien
Im not a type of person that learns from book because i learn visually. you video helps me understand more about trading and how i need to start .... all i need now is courage to start doing it .. 👍
I am the exact same! I need to see it to learn it. LIke i said with a platform like 212 you can start with as little as £1! so just start really small and build from there, honestly in a couple of years you will look back and wonder what you was so worried about. Damo
This video is a bit out of date! We have an up to date tutorial on Financial Interest here: ua-cam.com/video/YxR171GJpu4/v-deo.html
The app has changed a lot since I made this video a few years ago.
Inflation hits people a lot harder than a crashing stock or housing market as it directly affects people's cost of living that people immediately feel the impact of it. Not surprising negative market sentiment is so high now, We really need help to survive in this Economy. The fin-Market;s have underperformed the U.S economy as fear of inflation hammers the prices of stock;s and bonds. My portfolio of $250k is down to $172k any recommendation;s to scale up my return;s during this crash will be highly appreciated.
You have to get a financial-advisor/broker to aid you diversify your portfolios to include commodities, inflation-indexed bonds and stocks of companies with solid cash flows, as opposed to growth stocks where valuations were based on future potential earnings.
@@anitagranade4599 I agree, my proffit have been quite consistent, regardless of market situation, I got in early 2019 and the constant downtrends and losses discouraged me so I sold off, got back in Dec 2020 this time with guidance from a portfolio-adviser. I found her on a CNBC interview where she was featured and reached out to her afterwards. long story short, its been two years now and I've gained over $85k following guidance from my investment adviser.
Danielle reyes clark is the best analyst/brokerage-adviser. She has been of great help and her tutelage has brought me to a higher understanding of profit generation. You can look up her name on the net for her page and reach out. She Understands the job perfectly
@@moarelzahaar9946 This recommendation literally came at the right time, I dipped by $11k in stocks last week alone. Its crazy! I just looked up Danielle reyes clark online and researched her accreditation.
She seem very proficient & I wrote her detailing my Fin-market goals. Information they say, is power. Thanks for this.
She’s considered a key crypt0 strategist with one of the best copy trading p0rtfoli0 and very active in the crypt0 space
I broke my phone and my face making this video... So I hope you like it! Any questions just comment below, I reply to them all. THATS THE TRUTH!
Omg I’m cringing for your phone 😂
@@FinancePillowTalk its all worth it for the content! haha
I hope you have your phone insured lol
@@OLAR0 haha. It’s my work phone 😎
Hi Damien, can you make a video about Degiro? Do you use it?
Just one quality vid after the other. Keep up the good work Damien!
Thanks Aadil! really appreciate the fact you always watch them mate!
Top editing AS PER. A Saturday well spent my friend ;). I've got my gf's ISA setup with Trading 212 - not the most varied fund selection, but had enough to get decent exposure in selected areas... and the eSports ETF
haha yeah it isn't perfect! but everything you need to get going. Esports will take over.. if it hasn't already!
Thanks for stopping by mate
this is edited so insanely well! so helpful as well thank you so much Damien :D
Glad you liked it!
It sure is
100% agree
Even two years ago you were providing fantastic content.
Thanks 👍
You've got a talent for editing videos dude. I like your style 😍
I dread to think how many hours it takes to plan and record 😱
Keep up the good work ✅
Thanks mate! Means a lot from another content creator.
Damo
Thanks for the video but throwing your phone is neither funny nor contribute to your video in any form. It is just annoying
So if I have a trading212 invest account and want to withdraw my invested money plus returns, how do I pay tax on the money I've made?
Hi Greta,
That depends on how much you earn. You would need to earn more than £12,000 in capital gains (growth in the stock) before you had to pay tax, or more than £2,000 in dividend payments in a year.
So unless you have some serious gains, you are probably not at that level yet?
@@DamienTalksMoney ahh okay, so is this separate to income tax then? I thought that because I already pay income tax that I would have to declare investment returns as an additional income? Thank you for responding!
Installs app
Invests
Uninstalls app
Installs 10 years later
MILLIONAIRE!!!
hahah you legend. Thanks as always for supporting the channel my man!
Hahaaa I open my app like 6 times a day 🙈
@@tom7676 I check mine 6 times an hour! haha
Hi all - New starter here with Trading 212 and need a bit of advice as I cannot find relevant ETFs and Stocks even tho they are most popular in the world.
So I have opened an ISA account today for tax purposes and I want to move my funds from Etoro to Trading212.
However some of the most popular investment tools are not available. For instance I cannot find the biggest Vangurd fund VOO or real estate VNQ. Or best dividend etfs out there like SCHD, DGRO, HDV, SPDR etc
Also clean energy like TAN, ICLN not there either
What am I doing wrong? Thank you
You are quoting American funds mate you just need to look for the U.K. versions . Voo in the U.K. is VUSA
@@DamienTalksMoney so therefore I can only invest in UK stocks?
will they all have an uk equivalent? VOO is replicating the s&p500, all US stocks so can't figure out how it can have an UK equivalent...
@@stoicaalex90 No not at all VOO is an american stock listed on the american markets that tracks the S&P 500. VUSA does the exact same thing but it is listed on the UK markets. American funds work by different rules so different versions of the same thing are listed in the UK
Great video Damien,I’ve had trading 212 but haven’t used and was a bit nervous 😅
Yeah it can seem like a scary place on the app! Hopefully you feel a bit more confident now to give it a go!
Could you recommend similar platform to trading 212 , please . Due to high demand on training 212, I am unable to open an account at the moment and have placed myself on a waiting list .... hence would like to try similar platform ... Thank you for a very informative video !
Freetrade! check out my video. They also have a free share link for you
Hey DAMIEN, Thanks for all your hard work in getting the money message out there. I have a question. Given theses limits have stood for some years now, how might you begin to lobby the FCSC's paltry £85k limit. Given ISA utilization for tax sheltering and, as such, is required to be a long-term deal. Surely it's time these limits were raised for such investment requirements?
Hi Greg,
In the ISA window, there are 2 sections 'Investments' and 'Pie'. I am new to all of this, so my investment is £250 but my pie says only £83. I want to know why that is ? As its an ISA, I thought this would be the same on both. My pie is made up of the same shares as my investments. I am now confused if I will get my money back in 10 years, as I can only withdraw from the ISA Pie section. When I try to withdraw from the investment side, I can't withdraw anything. Therefore, can I transfer the funds from the ISA Investment to ISA Pie ?
This video literally needs to be on the app!
hahah thanks would be amazing! thank you so much Sam.
Ngl i cant fault them myself, great app and they just keep improving, nice breakdown mate
Yeah man solid app. Not sure who is better freetrade or 212. But i think freetrade does work out cheaper overall.
Have been trying to get an account open on here for about a month but they're still "closed" to new members.
Yes they are..... Should be sorted soon i hope.
Any advice wits ISA's for people outside the UK? I can't create an ISA account in the app
Hello! ISA are a UK only option, you need to pay tax in the UK to use them. Most countries have their own versions though!
Tried the promo code with an invested ISA, it doesn't work. I guess I needed to not use all my ISA allowance before applying the promo code. This is a crucial piece of information I managed to miss. Then when I tried to apply the promo code on the invest side it said I already claimed free shares. Can the promo code be used in conjunction with the introductory offer for Apr 2024?
I really enjoy watching your videos! It never gets boring 🙏🏻 Sorry for your phone! The sacrifices we make... 😋
Thank you so much! you are always here supporting my channel. I really appreciate it
Another brilliant video, taught me about features I didn't know about. Just started to put some money in this week, 94 quid, and I can't stop looking at the app. Luckily I seem to have choose well so far, Roll Royce and Cineworld have benefit well from Boris announcement.
Haha don’t obsess too much over the app mate! It’s killer when it turns the other way. There will be ups and downs all part of the process!
Thanks so much for watching
@@DamienTalksMoney I'm sure it is . An I'm sure I will get bored checking it several times a day as well.
At least I'm putting all that reading the news to a bit of use. Hopefully it will pay off at some point.
I used the promo link and made an account but only received £10 in free shares. Be aware that it’s an amount up to £100 in free shares and is randomly selected 🤷♂️
FNtastic tutorial but what is the dropping of your phone and hot chocolate clips all about, spoilts your image
Damien hi I really wanted to try trading 212 but I do not have much money. I just wanted to make it like a passive income. Is it worth going to it? Thanx
Hopefully your Trading212 referrals shares will help pay for a few new phones ;-)
Everyone seems more concerned about my phone than my head haha.
So, is this still a recommend platform today since the GME situation?
My concern is, if they stop people trading are they to be trusted?
They cannot accept new members, is there something wrong with the business...
Is my personal data safe with these people? As they're not based in the UK.
Is it a case that, you get what you pay for...
Hello! i honestly don't think it was 212 decision to stop people trading, it was the market makers who supply them. They are covered by the FSCS which is about as much confidence as you can have in a platform
@@DamienTalksMoney thanks. Do you have coinbase? I signed up like an idiot and they are still reviewing my account, I already knew this was happening. Now I'm concerned they have my Id. Didn't spend much thankfully.
Hi Damo, great video again! I've been using Trading 212 for the last week (+ Freetrade) based on your videos, you're welcome for the free shares :P I've got a question: If Trading 212 doesn't charge any money (other than the different buy /sell prices), why would I not just use Trading 212 instead of Vanguard for my long term VUSA investment? Is Trading 212 actually cheaper since Vanguard has about 0.22% fees (charged on my entire portfolio), whereas Trading 212 doesnt? Or, does the difference in buy/sell prices effectively mean that Trading 212 is actually the same as or more expensive than Vanguard in the long run? This is just from a financial POV, because of course, there's the advantage of using a separate independent platform like Vanguard which I hardly ever check for long term investing, and leaving T212 for short term bets on Cineworld lmao...
Hi mate great question!
So there is the difference between the buy and sell price, but there are also fees for the ETF similar to the fees Vanguard apply on their index funds.
so it isn't like they are free. It is often the case that ETFs work out cheaper. even when you consider these fees.
From April I will likely be using either freetrade or 212 as my main isa provider for the next year, I will do a video in may on this and explore who i think is the best option overall. As again its a balance between the ISA fees freetrade charge and the buy and sell price difference 212 apply. It is never a simple answer is it.... haha
I defo think the set it and forget it argument is to be considered also and I also think it is wise to open a new ISA each year with a different provider so you can build different pots with different providers that all have their own 85k cover with the FSCS. I can see that by the time I retire I will have a fair few pots like 5/6 all with different providers all with the 85k cover. As personally I wouldn't want a million quid inside a 212 account as they are a relatively new platform.
I hope those early morning ramblings make at least a bit of sense Greg! this is a question I ponder all the time at the min.
Thank you so much for watching and for using my link! if you don't get a free share within 3 days let me know and we will go to war!
Damo
Great video , finally for beginners , happy to found you , please keep up the great work and keep the easy explaination , thanks
Nice one Damien; it's been amazing watching the quality of your vids improve with each one! Now, I have a Vanguard ISA, but after watching your vid I am not seeing a financial downside to having my ISA with Trading 212 and just purchasing Vanguard Index Funds through the T212 app. Wouldn't I be better off doing this, on the off chance that I also have some success with short term investing in individual stocks? Would love to know you thoughts on this, thanks!
Hi!
Thanks so much for your kind words on the videos made up that you think they are improving! So if i am being honest in April I will probably be switching to 212 or freetrade as my main ISA provider for the points you have highlighted here. These platforms have come out of nowhere really and just completely changed the game.
I want the ability to both invest in index funds and pounce on short term stuff inside of an ISA. But i also think it is wise to open a new ISA each year with a different provider so you can build different pots with different providers that all have their own 85k cover with the FSCS. I can see that by the time i retire i will have a far few pots like 5/6 all with different providers all with the 85k cover.
Hope that helps and isn't too confusing!
Thanks
Damo
@@DamienTalksMoney I had the same question! I'm having a pretty financial training thanks to u
Clicked on free shares didn’t get option to recieve £100 shares only option to send friend invites
Brilliant video mate! Trading 212 is the platform I use for all of my shares. I just need to stop looking at it 500 times a day.
Thanks Elliot! haha yeah it is certainly addictive staring at the app going up and down! Mate your sub count!!! it was 8k when i last checked. Well done!
i started use trandinf 212 on 2019 for 2 months and then i left it now i started use it again honestly just i put 2 pounds there its has been good
Hope you can turn that 2 quid into a million my friend!
With trading 212 do you have to fill out a W 8ben form to buy US stocks?
There is a tick form as part of the set up I believe
Quality as always Damien!! Thanks for the shout out dude - PIE FELICIA 🤙🏻
Here he is! Mate that name is quality, couldn't not get a shout out! see you on the channel soon buddy!
@@DamienTalksMoney buzzing bro!!
@@EuanCopeland back slapping at its finest ;-)
I'm no expert when it comes to picking out individual stocks, but it can be great fun.
• Tesla currently up over 195% 😂
Hahah that’s it! I think a lot of people are not confident stock pickers but made a lot on Tesla!!
I’m no expert but it is certainly more fun than my index funds.
@@DamienTalksMoney True dat
Hello, i started with trading212 a few days ago using your referal and its a good app but since they blocked GME and AMC stocks they proved they dont care at all so im looking for another trading platform what would you suggest? Thanks
Hello!
I will be looking out for what 212 say on this as it appears they are allowing trading again and I don’t think the action will have been taken lightly. It may have been of there control.
Freetrade didn’t block transactions and I have done a video on them. Check that out they are basically the same as 212
@@DamienTalksMoney nice off to freetrade then!! Ill use your link again thanks!! The fact thst some brokers allowed and trading212 robinhood etc didn't says a lot.. check trading212 reviews on google app store they roasted them 1.1stars weeell deserved.. people who didnt rate yet go give them that 1star*
anD a pHonE
on a real though, great insight into the app, and the editing is top quality mate
Yes dan! always here. Thank you so much as always buddy. 🙌
Phone will never be the same again... haha
Hi Damien, I'm loving the videos !
A video idea could be how to create a diverse investment portfolio and what that might look like (REITs, ETFs... Etc ) I'd find that really helpful and maybe others would too.
Thanks again for your informative and enjoyable channel 👏🏼✨
Great suggestion! I will make a video along these lines as soon as i can.
Thanks so much for watching!
Damo
so am I allowed 1 cash isa with my bank and 1 stocks and share isa with say trading 212 for example? Because they are different types of isa’s I’m guessing that’s fine? As long as I don’t have anymore on any other trading sites ect
exactly David! you can have 1 of each type of ISA just not 2 of the same type.
@@DamienTalksMoney yeah I thought that’s how it works thank you for the confirmation :) I’m only just getting into the whole investing into stocks and shares thing so these tips definitely help
been watching your videos for a while bro, quality content as always and enticing entertainment 😂 keep it up!
Could you do a more in depth one? I can’t get my head around setting to buy and sell automatically.
Hi Mate!
Of course i can, i plan to do more 212 content so will make a video dedicated to buy and sell orders.
Great content as ever Damien , quick one re 212 as I’ve been using them for a couple of months now. Some stocks like S&P500 if you buy stocks at market the order completes almost instantly. Other smaller cap stocks when you place a buy order, all at market (both during and closed market) you are waiting an Earth for it to be executed. I’ve been waiting nearly a week for one trade currently as it’s still pending so debating cancelling the order. Just wondering why is this please? @Damien Talks Money
Basically mate it all comes down to the fact with something like the S&P so many people buying and selling constantly orders always go through instantly. But with some of the small companies you will need to wait for someone to be selling or buying, This can be an issue with a rapidly rising small stocks as no holding them wants to sell them.
@@DamienTalksMoney brill thanks Damien. Keep up the good work my man 👏🏻👏🏻
There is NO SPREAD in the Invest/ISA accounts. It is illegal as per MiFID 2 regulations to mark up prices on stocks and shares in the EU.
There is a spread in the CFD part of the business. But that is not investing, that is gambling and has its own set of rules and regulations.
Hi Thanks for this insight! maybe I phrased it incorrectly, but there is defo a difference between buy and sell prices on both the invest and ISA versions of the app as I showed in the print screens. I know freetrade don't do this, but 212 do
I owe you a pint mate, hopefully a free stock will do though
haha yes harry! I would love a pint in a pub right now. But a free share would be amazing. Thanks so much mate! good luck and i hope you get a big free share!
Yet again, another top video!
1st time commenting on any video's for some time but man, you are killing it!
Oh and thanks for the boohoo heads up a few weeks ago. Currently up 14%
Hi Matthew!
Thanks so much for taking the time to let me know you liked the video! I must say i am relived boohoo is currently working out haha
Thank you for teaching me "how to fish", I have now started investing! Great content and I love the videos.
Great to hear! So glad i could help
Cheers mate, i think i'm going for Trading 212 after watching this.
Honestly mate I love it and really think either 212 or freetrade will get the award of being my ISA provider from next April.
Hi Dear. Hope u doing well. Just a quick question. Is atrading 212 still offering free share though reference for new customers. For example if i open a new account and share a link with my friend. Will we both receive free share?. In their terms they wrote that As of 11. 01. 2021 no new invite links will be provided. Regards. Fame
I don't think they are looking at their terms.... go and check out my video on freetrade, very similar service and they still offer the free share invite.
Hi Damien, I have watch numetous videos of yours, I have £1000 to start investing. As a complete novice is there anyone platform you would recommend and yes I know your not acting as a financial advisor. Any advice would be appreciated, cheers
I like 212, freetrade and Vanguard i dont think the platform matters all that much just mainly starting with Index funds.
Brilliant videos. They just keep coming and coming. Definitely some of the best on UA-cam I’ve seen and not just about investing.
Jeff! making my day here mate, such a compliment. Thank you so so much
If you are protected up to £85,000, is that £85,000 sitting in cash in your account as well as the stocks you own, or just the value of cash and stocks held within the app? For example if I have £1m+ after 40 years, am I only protected up to £85k?
It is 85k on the platform cash or stocks. And yes if you have a million the cover is onyl to 85k.
this is why i build multiple pots on multiple platforms. just rotate which isa I use on different years,
Thank you so much for the easy and basic training minus the frequent memes etc! I enjoyed mostly and it helped.
It’s a shame I had downloaded the app before seeing yours. I could barely understand the jargon Trading 212 had explaining things etc. New subbie here. I appreciate the content!
If I start a trading 212 account can I pay into the 212 account with a dank account and have any money earned payed in a isa not stocks and shares isa and not pay tax
Hi Damien, love your videos, Ive started investing at vanguard and T212, but Im a bit confused about the ongoing fees when buying funds on T212, they are not displayed? Where as on Vanguard they are very cleared easy to find. I chatted to Trading 212 yesterday and he said there were no ongoing fees for funds (index or otherwise) on Trading 212, but can that really be right? Of course the Vanguard and index funds must still charge their fees no?
Obviously the index funds charge fees, but Trading212 doesn't.
So, you should do your own research before buy them. You can find expense ratios on Yahoo Finance.
I can't see the option for ISA on my trading 212 app. Just invest and CFD. I played around with trading 212 a bit but now I have some disposable savings an ISA sounds fine. I prefer to manage myself rather than opening in a bank where they probably won't manage it with as much care as I would. How do I get the ISA option in trading 212? I need the tax free option and 20k limit is suitable for my investment.
So in the top left is a button you click and it should let you switch between the ISA, CFD and Invest account. If you cannot see this message customer support
I know this is a few years old, but I wonder how they make money? where is the catch? seems too good? giving it a go though, thanks for the tutorial, great content and informative, love you vids
They make it by people using the CFD side of the business so they offer a free ISA so loads of people come across and then the small few who gamble on CFDs pay for everyone else.
Like free drinks in a casino
Another amazing content and editing! Thanks again Damien - saw this video late and now im on the waiting list for Trading 212
Glad you liked it mate!!
Another great video and topic. Thank you
Thanks Adam! Thank you so much for watching.
If you have 2 S&S ISAs - opened in different years, can you for example put 10k in each, in a tax year or are you restricted to putting IN only one ISA per year. I'm seeing differing advice..! Help!
I would like to put in X into vanguard indexes for long term, and put some on individual stocks both as ISAs but think it breaks the ISA rules to do it in the same tax year?
Hi mate!
So you can have different ISA but you can only pay into 1 each year. so in April the 20k limit resets and which ever Isa you pay into first that is the only one you can pay into that financial year.
April is just round the corner though and I also think it is wise to open a new ISA each year with a different provider so you can build different pots with different providers that all have their own 85k cover with the FSCS. I can see that by the time i retire i will have a far few pots like 5/6 all with different providers all with the 85k cover.
Hope that helps buddy. been meaning to ask is that black eye yours? She is a beauty.
You message is good but your distractions are annoying, you are over doing it😮
Another excellent video. Unfortunately trading 212 have temporarily stopped issuing new accounts 'due to unprecedented demand'
Yeah not ideal... They should be back open soon, But check out free trade in the mean time
Damien I got my friends and family to use trading212 but since i dont have a invite friend link i'm giving them yours to support the channel 😂
What a legend you are!! another option is freetrade, check out my video on them, they are basically the same and still give you a link!! I want you to earn that sweet free cash also.
Can you move your trading 212 invest portfolio to a trading 212 ISA account?
Not directly no, you have to sell your shares, move the move then rebuy I believe.
Damo
Always happy to see a new video! Trading212 is good, but I refuse to use these new cheap brokers like Robinhood and T212. Something just makes me worry 😅 I personally use DEGIRO and HL.
hahah yes i used to share this concern, but honestly the FSCS thing is all the reassurance I need. I can honestly see the likes of 212 outpacing HL in terms of user numbers in the coming years if they dont evolve
Hi Damien, Are you using an Android or Apple phone? The reason I ask is because I downloaded the app onto my iPhone and the layout is very different to that displayed in your video, hence very confusing. One other niggle I have is the speed of your presentation which is too fast. Being a retired teacher I know a thing or two about this subject. Learning a new topic or skill is confusing and this confusion is made all the worse by a teacher that speaks too fast. I know that you are keen to get the message across but remember just because you think what you are saying makes sense to you it doesn't always make sense to your audience many of whom are senior citizens!
This is quite an old video now
The below is more up to date and hopefully you will find my pacing has improved
ua-cam.com/video/yjS6kc7LiuM/v-deo.htmlsi=CJYWZbDT6QPoACE-
Wow😯 What an informative video 👍🏼 I’m new to this and wanted to get a quick guide, I’ve definitely landed on the right video. Thank you !
Thank you terry! really appreciate your kind words.
Hi Damo
Great vids mate. Just opened up a Vanguard ISA S&S account the other day. You mentioned in another vid about paying you monthly into this. Assuming your 212 account is just a trading account due to limits on ISAs?
Yes mate that’s right
Hi Damo, love the editing on this vid, unreal!
Quick questions, can you have an up and run in account with Vanguard as well as one with trading 212 or freetrade (2 accounts all together)? Is that allowed?
How would the £12,300 tax free allowance on this?
Thanks mate
Thank you so much! You can have 2 accoutns but only have 1 ISA that you pay into each year so one would need to be a General account which would then be subject to Capital gains tax and Dividends if over 12300 in gains and 2k in divs
Hey bro just started watching your show and new to trading. Your channel is amazing and not boring 😂
Which would you say is better to use, trade 212 or vanguard?
Thank you! I like 212 now as it does everything vanguard does and more
Hi Damien, you are the only one I am following on UA-cam. Keep doing great work! Can you please compare Vanguard and Trading 212 and suggest which one is more cost effective stock investment platform? Please consider all fees, buying/selling price difference offered on stocks and everything else.
Hi Hasan! Thank you so much mate really appreciated.
I will get this video made as i think it is an important topic but will take alot of work.
Don’t know what’s going on here but my newly install Trading 212 app is not showing the same as what your demonstrating? I’ll keep an eye out for any updates 👍
This is a very old video now mate
great video! I can't wait to see your pies!
Thanks mate! ill make sure to get them up soon!
Lol! Can't create an account as they have blocked temporarily the option due to high demand 🤣😅😭
You can always try Freetrade!
Ha great vid. I use T212 for a bit of fun at the moment and try to follow the market, so I trade way more often than I would on another platform like IG. Do you use anything like Stockopedia to research companies before you buy? Would be interesting to hear what you think of it if you do.
Yes i do! and Morningstar i also use the data on 212 itself. Focusing on the amount of debt and cash the business has and the year on year revenue growth.
If i buy shares with 1000 then I earn money when the price goes up, Dividends, and do I also earn money on interest? Sorry for this stupid question
You earn money from the price going up and the dividends. But the price can also go down
So why do you use Vanguard instead of T212 if the platform is free? Quality video btw!
Honestly I used Vanguard after switching from HL as I was unsure about 212 and Freetrade is terms of choice of investments. They have bulked up their offering a lot this year, I will likely use one of them as my main ISA from April.
I do think vanguard is better for the set it and forget it style of investing as the lack of app, stops you checking it all time,
Do you not feel that free trades are too good to be true? It plays on my mind daily. That, plus app downtime if the you know what hit the fan and you were unable to cash out. It was impossible to log in recently when Tesla were confirmed to be entering the S&P500. My IG app, although laggy was fine. You often get what you pay for in life?
Hi simon!
Yes indeed you do get what you pay for and recent crashes would concern me if I was a trader and needed to react quickly to news. To buy or sell a position.
But as someone who buys and holds. It doesn’t really concern me! As I rarely rush to a share based on a bit of news. I do think you need to monitor the hidden fees. Like the spread on 212. This can actually add up if you trade a lot.
Thanks for watching mate! Hope that answers your question
Hey Damien, first of all... Great video, your editing style is so unique, so great job on that.
Secondly, I've got 2 questions
1)If you open an account on Vanguard and you are using a Vanguard ISA, can you use that same ISA when opening an account on Trading212?
2) How much of a difference makes to have index fund investing in Vanguard and share investing in Trading212? I mean, Trading212 is doing both as I got from your video, so is the answer as simple as 'go with Trading212 for both' or there are real advantages on keeping them separated.
Cheers mate!
Thank you mate!!
1. no the isa is linked to the platform.
2. honestly not much at all! you may as well just use 212 so you can do both if that is what you are after.
@@DamienTalksMoney cheer man!
Hi Damien, what is the best way to keep up to date on news in regards to the larger companies you would invest in long term, I don't tend to watch tv news so im wondering if there's any youtube channels that exclusively cover this news. Thanks for the informational videos!
Hi Mate, I read the motley fool a lot for this sort of news. I tend not to watch too many youtubers on market news as they are often in a position where they need to release content so push everything as big news.
Hey, what are opinions on a Lifetime ISA, and can you open a LISA and a ISA in the same tax year?
Thanks!
You can indeed open a LISA and an ISA in the same year.
I subscribed until this video came up
Great video, Damo!
Quick question: I recently opened my first stocks & shares isa with Vanguard. I’ve invested in ETFs and a lifestrategy fund. So my question is when April comes around, and I open a new isa with T212, is it worth me selling my vanguard shares and reinvesting the money into the same fund but on T212, as T212 don’t allow isa transfer of funds? Or should I just continue my monthly investments until April and then just leave my Vanguard alone to grow as is and redirect my investments from April onwards to T212 isa? Grateful for your advice on this, as I’m starting to think opening my vanguard isa wasn’t the best move compared to T212!
Hi Mate!
Personally i like to keep my ISAs open with old providers so that i can build multiple pots of investment cash with different providers all covered by the FSCS. gives me piece of mind and allows me to switch between platforms year on year dependant on who offers the best features that year.
Investing in a new phone 😂 one time you should write Carol when your doing the application guides 🤣 again top content mate!
I will 100% do the carol thing Daryl haha
so you were talking about the home page and how if a company has risen by 80% you dont need that temptation, but why wouldnt you do it, isnt it a really good thing?
If it has already risen 80% you are probably too late and it wont grow more.. Just because it has risen does not mean it will keep rising.
I tried to find airbnb on 212.. couldnt see it.. am I doing something wrong
They are defo there! Make sure you click magnifying glass have the stocks side selected not the etfs section and search Airbnb it is on there.
So if I already have an isa on vanguard I can’t open an isa with trading 212??
Not until April mate. You can only pay into 1 of each type each year
6:49 I dont get the money thing, so what is the portfolio and you said the free funds is what you can take out, so what is the portfolio?
Portfolio is the total worth of your cash and shares mate added together.
I’ve never laughed out loud watching UA-cam as much I did watching your phone nit your head! 😂😂 your content is ACE. You need your own Netflix!! Thank you SO much for this tutorial. I downloaded 212 and had no clue where to start- turns out I was in the wrong section (CFD) all along.
Thank you so much mate! makes the bruise and pain all worth it haha.
Yeah a lot of people accidently end up on CFD and it is a whole other world on there! hopefully the investing side makes a lot more sense!
Mate seriusly, your videos are really good, ive been using 212 since August and havent used the pie option, now im going to give a go.
Yes mate! glad the video was useful. The pies are a great feature.
Haha, that was a great video Damien! Thanks for all the insight and knowledge on Trading 212 - I now feel a bit more confident in myself when making investments! Cheers!
Glad it was helpful! let me know if you need anything else mate
Your videos are brilliant Damien, keep ‘em coming! Guess I’m late to the T212 party - waitlist in place
Thank you!! They are closed at the min for new entries. But will reopen soon I am sure
Quick question to Damien or anyone who has Trading 212. I want to invest in the Vanguard life strategy.
I know trading 212 has some Vanguard index funds but does it have the life strategy fund.
LS funds are exclusive to Vanguard. But I like the VWRL fund on 212. the Vanguard world fund.
@@DamienTalksMoney Thanks Damien
Hi Damien,
Thanks for the great vid and helpful info. I have a question about a stock ISA. I know the UK limit it £20,000 for putting money into a stock ISA. My question is:
Say I put £20,000 in and, let's say I make £2,000 profit on a share. My balance is now £22,000 (minus whatever fees, etc). Can I buy another share with that £2000 profit (if the profit has always remained in the stock ISA), or will that count as going over my allowance?
I think I read somewhere that you can, but I can't find the source of that info and googling it again is not showing me the answer. So I'd really appreciate some clarification on this if you can.
Thanks!
Yes you can!
The 20k is only about how much cash you can place inside the isa. Once the money is in there it can grow as big as it likes and you can invest it however you life. The 20k if Just about what you put in, not how big it gets
@@DamienTalksMoney Brilliant! I love it. So glad that is this way. Thanks a lot for confirming. I'll just make notes of every amount of cash I deposit.
Hi Damien,
I love watching your videos. And also used your link to create an account in Trading212.
I bought some shares there and was charged some sort of fees and also exchange rate of 0.01 was applied for UK shares while I was already dealing with GBP. Any idea what is the fuss about it. Would love to see a video concentrated more on hidden things like these when they proudly say that the trading is free of charge.
Hi Manish! thank you for using my link and watching the videos!
212 don't charge dealing fees, But you can still pay stamp duty which is applied by the government and also exchange rate fees, but you shouldn't be charged this when buying British businesses in pounds.
I would probably contact them to get an exact explanation as to what and why you have been charged.
Thanks
Damien
Thanks Damien. Keep up the good work 🙃
Hi Damien, you are truly doing wonders with this channel. Keep it up mate!
Thank you! Glad you find the videos useful
Came here for the memes, left learning about 212. I do like a freebie
Hahah thank you so much Daryl! Love that my content is more than just finance to you.
Legend
Im not a type of person that learns from book because i learn visually. you video helps me understand more about trading and how i need to start .... all i need now is courage to start doing it .. 👍
I am the exact same! I need to see it to learn it.
LIke i said with a platform like 212 you can start with as little as £1! so just start really small and build from there, honestly in a couple of years you will look back and wonder what you was so worried about.
Damo
Thanks Damo, great video! Was that your Mrs phone you keep throwing around? haha
Hi Mate! haha its my work phone.. But don't tell anyone.