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: www.trading212.com/join/MITCH. Or Use PROMO CODE “MITCH”: (Capital at Risk, Terms and Conditions Apply)
I’ve been paying in £5 per day to S&P 500 for the last 9 months, cut out one costa coffee a day to pay for it, don’t even notice it leaving my account!
Ive done quite well scalping on a ten minute time frame started with 500. Learn to read the candles double top normally goes down and double bottom normally goes up dijo candles could go either way. The head and shoulders pattern is a good indication of a break in the trend. Its doesnt always work but ive won more trades than ive lost
Amazing content! I have been following your videos for sometime now, consistently kicking down Wall Street doors for two years now, I have over $320k in stocks. Currently, my portfolio is down by 15%. Wondering if they're any short term opportunities I can invest in.
I agree that there are strategies that could be put in place for solid gains regardless of economy or market condition, but such executions are usually carried out by investment experts or advisors with experience
Reason I decided to work closely with an brokerage-adviser ever since the market got really tensed and the pressure became so much(I should be retiring in 17months) so I've had an brokerage-adviser guide me through the chaos, its been 9months and counting and I've made approx. 650K net from all of my holdings.
this is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.
I like your approach on investing, simplify to follow and understand, might be following your channel and start this journey. I’m now 50 years old and have to take things on to my hand.
I have had my fingers burnt in the last 10 years & have learnt the hard way that stock picking is for the brave, last few year stuck to etf's & it was the best decision i made, everytime S&P, India & World etf's drop i BUY. Planning for next 10 yrs do should work in my favour, fingers crossed..
Hi Mitch, I'm a long-term follower and I have to say, this really was one of your best videos, the quality just gets better and better! Your explanation of the mini-correction at the start of the month really was excellent. Brilliant work, I've been in VWRL for a number of years and I feel more comfortable DCAing into this rather than VUSA! Hoping returns on VWRL will overtake VUSA over the coming years 🤞🏻 Great job 🎉🎉🎉
@@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!
Trickle feeding into an ISA like this is a great way to start investing. One tip I would share from experience (£500k portfolio, 14 years, yielding £32k/year) is to crystalize significant gains, and reinvest it all again into the same ETF. If you are doing the trickle feed thing and pound cost averaging as you go, then you'll grow your pot faster that way.
Can you clarify this please? Do you mean cashing out when the market is high and buying back in on a dip? Otherwise I can’t see how crystallising and reinvesting into the same fund achieves anything? Thank you
I Hit 110k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started last month. Financial education is indeed required for more than 70% of the society in the country as very few are literate on the subject. thanks to Florence Monroe for helping me achieve this..
Great video Mitch. I have VWRL, VUSA and a smaller amount of VHYL. I recently read that HMRC are finally going to allow fractional shares in ISAs in the UK
Great video just starting out for the long term over ten years just trying small for now trying the ten pound a day too see how I get on just for starters great videos
I’d be really interested to see this continued over a while! I’m also new to investing so would love to see a video on how to diversify and what to look for
So I may have a stupid question, but I’m confused so I thought I’d ask anyway. £10 a day for 30 days is £300 total days ( you specified that you missed two days so really £280). The vanguard ftse all world thing says it finished at £202, which is short of the £280, but yet you said you finished in the green, to the uninformed eye ( I don’t invest because I still get confused) this looks like a fail, but you seem so positive, is this a good result or a bad result?
I don't think he invested for 30 days, he invested for a month but of course there are weekends in a month where the markets are closed so I believe he invested £10 on each working day of a month (apart from the two he missed)
@@tommypip It was August so the was 20 working days you’re right. He could have stated working days or he could have still put the other £10s in to cover the weekends.
Show me the data that says it will crash soon. In 2months I’ve gone from +32% to +160%. With them about to enter the QQQ it’s more than likely to plateau or rocket.
Great explanation! I have a question: I have the SafePal Browser Extension Wallet with USDT, and I have the seed phrase. (job priority warm lab border boil monkey manage palace fiber weird ask). How do I move them to Binance?
Sorry if I'm asking a daft question but I'm not understanding the math here, and this is the first video I have watched on investing as your video randomly came up on my recommended home page 😂 If you invested £10 per day for 31 days, that means you've invested a total of £310 in August. However at the end, it shows your portfolio is worth £202.92 and giving a return of +1.46% even though your portfolio is worth around €107 less than what you invested in total. Am I missing something important here as the portfolio figure is showing a total loss at the end of the month? Or am I not understanding the term 'portifolio' and does it meaning something totally different than what I'm assuming, which 'this is how much my investment is worth and how much I've made/lost'
Great video, just opened my T212 account. I’ve been investing in gold and a little bit of crytpo and have been thinking about T212 for a while. Your video helped me to take the next step
Mitch , I don’t know if you’ll read this but I have a HL stocks isa and a T212 cash isa . I can’t transfer my s&p 500 fund from HL to T212 so thought I’d stop investing in my HL and start in my T212 instead (halfway through the year). From what I’m read (or misunderstood) , I’m not allowed to invest in different providers S&S isas in the same year even if I don’t go over my 20k allowance - is this correct??thank you if you read this and advise 🙌
@@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: www.hl.co.uk/investment-services/insights/how-many-isas-can-i-have
Hi, I opened a Legal and General stocks and shares,low risk, ISA two weeks ago with £20,000. Some days my balance will say I have gained £125, hours later it will say £50.Not sure what is going on or what I'm supposed to do?? Can anyone help?
@@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
When you buy stocks and shares the value you are shown represents the current value of those shares, these will fluctuate in real time, hence the reason why your investment value changes
I have a Question regarding the 'investment account' I've maxed out my Isa for this year in my stocks and shares ISA. So I've decided to start investing into my investment account. Obviously, these gains I make are not protected from Capital gains tax ect. If i build up a reasonable amount in the future into my investment account, could i then transfer this fund over to my isa if its below the £20k mark? Thanks
No, you can't transfer stocks directly from an investment account to an ISA. You would need to sell your stocks and then buy them back within your ISA account. This is known as a "bed and ISA" transfer. HMRC only allows cash to be moved in to an ISA so they can track how much is paid in.
I’ve started a similar strategy paying into an ISA. I buy £6 a day of various things, but I stick to my things. For me it means I do it at a set time, regardless of whether it’s increased or decreased in value since the last time. I’m not put off by bad turns, and I’m not encouraged to put more in during the good times. I’m looking at a long term investment (20-30 years), so every day over that time really adds up, rather than dumping the equivalent of half of that value in one go and leaving it for 15 years before my next run. As he says in the video, set a time that works for you and stick to it.
Hi Mitch I invest weekly you mentioned about time and day. What would you recommend on weekly and time Friday would be best for me and what would be best time
@@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
Hi Mitch...really interesting video, thanks for uploading. This may be a bit naive of me (apologies if it is...this is all very new to me!) but it looks like your £10 a day investment finished the month with 1.07% growth. If you'd put that same money into a savings account, you'd have got probably 4%+ return on it, without any risk of it actually losing money. What's the advantage of putting it into the stock market as opposed to just a high interest savings account? Is it just that the long term returns will be superior to savings rates?
@@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!
Started doing this at the end of July and it's down just under 1%. But then we know markets have fallen lately (so a good time to buy) and this is for the long term.
Hey. I used the promo link and signed up but haven't got the free £100 to invest. I tried the promo code but said I have claimed when signing up. Any ideas?
I realized that the secret to making a million is saving for a better investment. I always tell myself you don't need that new Maserati or that vacation just yet. That mindset helped me make more money investing. For example last year I invested 40k in stocks and made about $123,475, but guess what? I put it all back and traded again and now I am rounding up close to a millions
I'm guessing that may be so, I was scratching my head a bit, as the figures were building through the month. Would have been nice to have that disclosure at the beginning of the video.
Good experiment in a bad month. I like it. Those Palantir shares of yours must have had you tearing your hair out, then (when it made the S&P500 on Friday) whooping with joy. Tracker ETFs will have to buy Palantir over the next few weeks.
So looks like you are not making any short term money then , I can get nearly 6% with standard savings this seems like a much safer idea based on your returns but thanks anyway
@@justingrainger6627 accumulating means the dividends are automatically reinvested, the alternative is a distributing fund where the dividends are paid in cash
i just don’t wanna work 30 hours anymore, what is the best advice that someone can give me. i wanna work from home or just do something at home to earn money
Depends if you want to invest the dividends straight back into the S&P 500 (Accrual), or whether you want them in your account to be used to invest into other funds (Distribution).
@@MitchShoesmith Hi gain Mitch, thank you for the reply. I see that on the website for 212 you can have a practice or demo run with an imaginary 50k I think it was, have you done a video on this as I searched your channel but didn't find any and tbh don't want to look at loads of other channels as your videos are so easy to follow many thanks
The thing keeping me back from investing is this. I have 3 children at home, 2 That need additional support. I Left my job 3 years ago to care for them and my partner also needs care. yes blah blah we get the benefits and pip and all you want to say but it isn't easy i want to build up some money for them for when the day comes that im no longer here and they need the support. anything that we try and save over 6k they start putting sanctions on. Lets be honest 6k aint alot of money and you get cut off if you have 16k of savings, even if you work or its in an isa. All i want to do is have enough for them, which i never had.
Despite inflation reducing the US dollar's value, it's strengthening against other currencies and assets like gold and property. People are turning to the dollar for its perceived safety. I'm concerned about my $420,000 retirement savings losing value due to inflation. Considering alternative investment options is crucial.
I'm amazed you also know Roseline! My husband and I began with an Initial Investment of $8,000, as I was Initially hesitant about Investing. However, I now wish we had started with a larger amount, given the success we've experienced.
Many people use HELOCs to pay off credit cards, only to accumulate new debt. This can lead to financial ruin. Don't fall into the trap! Prioritize smart financial decisions and avoid risking your home
The global economy is currently facing a whirlwind of challenges. From the fallout of the pandemic to unpredictable market fluctuations, stability seems like a distant dream.
Inflation is on the rise, growth is dragging, and trade disruptions are unsettling the balance. It's clear that coordinated efforts from all sectors are needed to steer us back on course and spark economic revival.
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.
From 11k to 17k that's the minimum range of profit return every week Many people don't realize that a strategy is simply a set of rules that an individual follows. It has absolutely nothing to do with the market whosoever.
After watching you for a while and having not a clue about investing, i have opened up 212 account and used your code and invested £1000....i suppose its a waiting game now 😀
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: www.trading212.com/join/MITCH. Or Use PROMO CODE “MITCH”:
(Capital at Risk, Terms and Conditions Apply)
Would you recommend using T212 for investing in shares on their platform ?
I invested £10 a day down the pub instead. After 2 weeks I had a new job paying me a lot more money and cash in hand too!
Good luck to you
Hope you look after your liver too😂
I’ve been paying in £5 per day to S&P 500 for the last 9 months, cut out one costa coffee a day to pay for it, don’t even notice it leaving my account!
Love that!
are you in a gain or loss?
@@alishaasif2728 If you're starting out, don't worry about gain or loss. In ten year's time you'll gain.
@@alishaasif2728clearly gain
It’s a gain as the £150 wasn’t spent on Coffee so a great way to save
Ive done quite well scalping on a ten minute time frame started with 500. Learn to read the candles double top normally goes down and double bottom normally goes up dijo candles could go either way. The head and shoulders pattern is a good indication of a break in the trend. Its doesnt always work but ive won more trades than ive lost
Amazing content! I have been following your videos for sometime now, consistently kicking down Wall Street doors for two years now, I have over $320k in stocks. Currently, my portfolio is down by 15%. Wondering if they're any short term opportunities I can invest in.
I agree that there are strategies that could be put in place for solid gains regardless of economy or market condition, but such executions are usually carried out by investment experts or advisors with experience
Reason I decided to work closely with an brokerage-adviser ever since the market got really tensed and the pressure became so much(I should be retiring in 17months) so I've had an brokerage-adviser guide me through the chaos, its been 9months and counting and I've made approx. 650K net from all of my holdings.
this is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
Her name is Annette Christine Conte can't divulge much. Most likely, the internet should have her basic info, you can research if you like
Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.
I like your approach on investing, simplify to follow and understand, might be following your channel and start this journey. I’m now 50 years old and have to take things on to my hand.
@@ShuyiLife appreciate that, thanks for watching and the kind message!
I have had my fingers burnt in the last 10 years & have learnt the hard way that stock picking is for the brave, last few year stuck to etf's & it was the best decision i made, everytime S&P, India & World etf's drop i BUY. Planning for next 10 yrs do should work in my favour, fingers crossed..
Fair enough! It’s hard to go wrong with some decent ETFs in my opinion!
Which India one do you use? Is it on T212?
@@xWiIIyGzI use iShares India etf which I like personally
I agree with you and follow a similar philosophy.
Same method I've felt comfortable with since I adopted it!
Hi Mitch,
I'm a long-term follower and I have to say, this really was one of your best videos, the quality just gets better and better! Your explanation of the mini-correction at the start of the month really was excellent.
Brilliant work, I've been in VWRL for a number of years and I feel more comfortable DCAing into this rather than VUSA! Hoping returns on VWRL will overtake VUSA over the coming years 🤞🏻
Great job 🎉🎉🎉
@@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!
Trickle feeding into an ISA like this is a great way to start investing. One tip I would share from experience (£500k portfolio, 14 years, yielding £32k/year) is to crystalize significant gains, and reinvest it all again into the same ETF. If you are doing the trickle feed thing and pound cost averaging as you go, then you'll grow your pot faster that way.
Hi I'm new to all this, what is pound cost averaging?
can you give me 100£? 🤣 I would be sooo happy
Can you clarify this please?
Do you mean cashing out when the market is high and buying back in on a dip?
Otherwise I can’t see how crystallising and reinvesting into the same fund achieves anything? Thank you
Do you actually trust the parasites not to tax ISAs?! They’re now planning means testing for pensions. DO NOT TRUST A LIEBOUR GOVERNMENT.
@@anonyboi769he means you put money in regardless the price and it averages out the ups and downs long term
Hi, I am still confused about how to buy shares and trade on forex. Please make a video explaining how to buy and put stop loss
I Hit 110k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started last month. Financial education is indeed required for more than 70% of the society in the country as very few are literate on the subject. thanks to Florence Monroe for helping me achieve this..
I'm surprised that you just mentioned and recommended Florence Monroe, I met her at a conference in 2018 and we have been working together ever since.
The very first time we tried, we invested $2000 and after a week, we received $9500. That really helped us a lot to pay up our bills.
You trade with Florence Monroe too? Wow that woman has been a blessing to me and my family.
I'm new at this, please how can I reach her?
I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much.
Great video Mitch. I have VWRL, VUSA and a smaller amount of VHYL. I recently read that HMRC are finally going to allow fractional shares in ISAs in the UK
Great video Mitch..very smart, clever, informative video. Thank you for doing this. I'm 54 and get so much from these..
Appreciate that, glad it was useful! Thanks!
Great video just starting out for the long term over ten years just trying small for now trying the ten pound a day too see how I get on just for starters great videos
Always learn something new from your channel! A full dive into Step Finance would be awesome
I’d be really interested to see this continued over a while! I’m also new to investing so would love to see a video on how to diversify and what to look for
can I invest in gold?
Loved it Mitch, Many thanks for your time/ effort in educating us in simple manner! Appreciated. Santosh from India.
Thanks Santosh!
Great advice thanks.
Wow if you're renting châteaux that size you are doing something right 👍🏻👍🏻
So I may have a stupid question, but I’m confused so I thought I’d ask anyway. £10 a day for 30 days is £300 total days ( you specified that you missed two days so really £280). The vanguard ftse all world thing says it finished at £202, which is short of the £280, but yet you said you finished in the green, to the uninformed eye ( I don’t invest because I still get confused) this looks like a fail, but you seem so positive, is this a good result or a bad result?
I was going to ask the same.
I don't think he invested for 30 days, he invested for a month but of course there are weekends in a month where the markets are closed so I believe he invested £10 on each working day of a month (apart from the two he missed)
@@tommypip It was August so the was 20 working days you’re right. He could have stated working days or he could have still put the other £10s in to cover the weekends.
My guess is he hasn't invested on weekends as weekends cannot buy stocks in alot of companies
I was thinking the same I’m presuming he didn’t or you can’t invest on weekends which makes £200 seem about right.
I invest £5 a day a various stocks, the best one being palantir +32% 👍 the rest of them have gone a bit pants over the last couple of weeks.
That will crash soon so best to sell now.
Show me the data that says it will crash soon. In 2months I’ve gone from +32% to +160%. With them about to enter the QQQ it’s more than likely to plateau or rocket.
hey man am from finland what would you recommend to put shares in! am also starting as a beginner i just put one euro in vs media
Ive ben investing £10 a day into pltr since 26th july 2023 and im up 57.36%
Nice! Good day ahead as well now it’s been added to the S&P500!
do you think its still worth putting money into it now?
What is Pltr ?
@@SheffieldSteel-jo8cj Palantir technologies. One of the most promising stocks for the future imo.
@@alishaasif2728yes
Great explanation! I have a question: I have the SafePal Browser Extension Wallet with USDT, and I have the seed phrase. (job priority warm lab border boil monkey manage palace fiber weird ask). How do I move them to Binance?
Sorry if I'm asking a daft question but I'm not understanding the math here, and this is the first video I have watched on investing as your video randomly came up on my recommended home page 😂
If you invested £10 per day for 31 days, that means you've invested a total of £310 in August. However at the end, it shows your portfolio is worth £202.92 and giving a return of +1.46% even though your portfolio is worth around €107 less than what you invested in total. Am I missing something important here as the portfolio figure is showing a total loss at the end of the month? Or am I not understanding the term 'portifolio' and does it meaning something totally different than what I'm assuming, which 'this is how much my investment is worth and how much I've made/lost'
If i want to start on Revolt, do I have to ass my NiNO in if I am Uk based? Do you know?
is £10 a day supposed to be £310 a month or am i missing something ?
Maybe he invested weekdays only? 🤔
Markets are only open weekdays. Guess he meant £10 per market day.
so realistic thank you trying to get into this myself
Why not FWRG, 0.15 v 0.22 VWRP
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!
@@MitchShoesmith alrighty 😁
@Mitch Hey mate live your video
What you suggest for beginners to start treading at 100 usd
Great video, just opened my T212 account. I’ve been investing in gold and a little bit of crytpo and have been thinking about T212 for a while. Your video helped me to take the next step
Maybe im stupid, but there is no interest/compound interest on stocks?
Hi Mitch, what is your opinion regarding earning interest with share lending on Trading212? Is it something you do? Could make a good video. Cheers
Rather than VWRP, it may be best for you to go 90% Vanguard VHVG & 10% VFEG - same as VWRP but much lower fees ...
Mitch , I don’t know if you’ll read this but I have a HL stocks isa and a T212 cash isa . I can’t transfer my s&p 500 fund from HL to T212 so thought I’d stop investing in my HL and start in my T212 instead (halfway through the year). From what I’m read (or misunderstood) , I’m not allowed to invest in different providers S&S isas in the same year even if I don’t go over my 20k allowance - is this correct??thank you if you read this and advise 🙌
@@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: www.hl.co.uk/investment-services/insights/how-many-isas-can-i-have
@@MitchShoesmith thank you 🙌🙌🙌
@@sharples7 no probs!
VHVG/VFEG - 90%/10% is the same as VWRP.
VWRP IS 0.22%charges
VHVG/VFEG IS 0.13%
IS that right 0.13 🤔
I saw someone saying this it just seems to be a no brainier
What up with channel not seen PF update in few best months growth be nice to see your growth must be insane
Hi, I opened a Legal and General stocks and shares,low risk, ISA two weeks ago with £20,000. Some days my balance will say I have gained £125, hours later it will say £50.Not sure what is going on or what I'm supposed to do?? Can anyone help?
@@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
When you buy stocks and shares the value you are shown represents the current value of those shares, these will fluctuate in real time, hence the reason why your investment value changes
Don't do anything. Also, don't look at it twice a day.
@@modernskeptic7752 thank you. But when will I make money?
@@RichmOffer ok I will try to stop. But will I make money? And if so,when?
I have a Question regarding the 'investment account' I've maxed out my Isa for this year in my stocks and shares ISA.
So I've decided to start investing into my investment account.
Obviously, these gains I make are not protected from Capital gains tax ect.
If i build up a reasonable amount in the future into my investment account, could i then transfer this fund over to my isa if its below the £20k mark?
Thanks
No, you can't transfer stocks directly from an investment account to an ISA. You would need to sell your stocks and then buy them back within your ISA account. This is known as a "bed and ISA" transfer. HMRC only allows cash to be moved in to an ISA so they can track how much is paid in.
Good question
Put it in a S.I.P
Great video as ever Mitch, out of curiosity do you have a brand affiliation with Ralph Lauren?
Thanks! I don’t (wouldn’t mind one though!)
Can anyone tell me UK equivalent to XLI, XLY and SCHG EYF's. Thanks
So I didnt understood: consistently vs quantity, what is better? 10 X 30 or 1 X 300? Seems no diff, sorry
I’ve started a similar strategy paying into an ISA. I buy £6 a day of various things, but I stick to my things.
For me it means I do it at a set time, regardless of whether it’s increased or decreased in value since the last time. I’m not put off by bad turns, and I’m not encouraged to put more in during the good times. I’m looking at a long term investment (20-30 years), so every day over that time really adds up, rather than dumping the equivalent of half of that value in one go and leaving it for 15 years before my next run.
As he says in the video, set a time that works for you and stick to it.
Would you recommend VWRL? Or what is one of the better global all caps to buy? I'm from UK also.
@@ggoog1845 hey - I can’t make any recommendations on what you personally should invest in unfortunately!
Not advice but look a FTWG , its essentially the same thing but with a lower TER.
@@MitchShoesmith that's a shame.
Binge watch a few of his vids and he'll definitely put you on the right track!
What's the point of the videos then, apart to sell affiliate links!!!
Hi Mitch
I invest weekly you mentioned about time and day. What would you recommend on weekly and time Friday would be best for me and what would be best time
@@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
Hi there, i need some help with financial profile to be able to trade opinion on interactive Broker. Can someone help me with this?
Hi Mitch...really interesting video, thanks for uploading. This may be a bit naive of me (apologies if it is...this is all very new to me!) but it looks like your £10 a day investment finished the month with 1.07% growth. If you'd put that same money into a savings account, you'd have got probably 4%+ return on it, without any risk of it actually losing money. What's the advantage of putting it into the stock market as opposed to just a high interest savings account? Is it just that the long term returns will be superior to savings rates?
@@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!
@@MitchShoesmith That makes perfect sense!! Thank you very much...really appreciate your response
@Mitch, Great video, thanks. Already have a T212 account, but the code doesn't work - any options?
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!
I got just 9 pounds of free share and not 100 pounds, as you said free shares of 100 pound@@MitchShoesmith
Hi Mitch, sorry to bother you, how I get in touch with you. Regards Melvin.
Started doing this at the end of July and it's down just under 1%. But then we know markets have fallen lately (so a good time to buy) and this is for the long term.
@@tiffenberg great mindset👊🏼
Hey. I used the promo link and signed up but haven't got the free £100 to invest. I tried the promo code but said I have claimed when signing up. Any ideas?
@@oliverbrabec2084 Hey, I’m assuming its because its Bank Hols and markets are closed, it should hit your account tomorrow :)
Are you continuing to invest in the £10 a day investment/ I would be interested to see the value after the first week of sell off September
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! 😕
I realized that the secret to making a million is saving for a better investment. I always tell myself you don't need that new Maserati or that vacation just yet. That mindset helped me make more money investing. For example last year I invested 40k in stocks and made about $123,475, but guess what? I put it all back and traded again and now I am rounding up close to a millions
So you have 200£ invested at tenner a day dors that mean you cant invest on a Saturday or sunday even worldwide?
I'm guessing that may be so, I was scratching my head a bit, as the figures were building through the month. Would have been nice to have that disclosure at the beginning of the video.
What Is Happening With Vanguard Fee Increase?
Hi love this channel however how did we invest 10 a day for a month but only have 200 worth of stock .......am I missing something 😮
@@stetralaw83 that’s because there was only 22 trading days, I missed two days too, I did cover this in the vid 😆
You didn’t state the mom to fri part tho.
Don't do it. All my shares are in the red. Making nothing on my £4000. Tired into it as will lose money if I take it out. Csn anyone advise?
Wtf are you buying? Diversify. Some will go down but the overall trend should be up.
Great video
Literally just opened a Vanguard account today.. would've been nice to know about T212 being cheaper beforehand 🤣
haha, you can always switch! :)
Use both, you can just put small amounts in t212
This sounds great
Good experiment in a bad month. I like it.
Those Palantir shares of yours must have had you tearing your hair out, then (when it made the S&P500 on Friday) whooping with joy.
Tracker ETFs will have to buy Palantir over the next few weeks.
@@Homecastlefoundation thanks! Yeah great news for all PLTR shareholders for sure, I’m up over 50% now on my position which is cool 👌🏼
So looks like you are not making any short term money then , I can get nearly 6% with standard savings this seems like a much safer idea based on your returns but thanks anyway
Thank u for this vid im very new to this hopefully this helps👍🏿
Hi. I am an investment virgin but I find myself with £1000 a month that I want to invest but have no idea how to do this. Anyone give me any advice.
T212 currently pay 5.17% on cash savings. Interest is paid daily. Stick it in there for a year.
What does the vanguard s & p 500 'accumulating' mean compared to the others ?
@@justingrainger6627 accumulating means the dividends are automatically reinvested, the alternative is a distributing fund where the dividends are paid in cash
@MitchShoesmith thank you and apologies for my stupidity. There is a few to choose from. I've gone for the s & p 500 accumulator
Even if you come out on top - inflation will eat up your "gains", so what's the fucking point? Only insider traders win in this game.
But at least you're keeping up with inflation?
i just don’t wanna work 30 hours anymore, what is the best advice that someone can give me. i wanna work from home or just do something at home to earn money
Only fans 😂
@ED-209UHD who'd pay to wanna see that tho?😂
Miitch why are you not deleting these scam advisors?
I hadn't noticed, I've deleted them now
Do you have any issues making money from US weapons and tech companies who are farming explosive profits in the middle east?
Would you suggest doing Dist or Acc with investing in S&P 500?
Depends if you want to invest the dividends straight back into the S&P 500 (Accrual), or whether you want them in your account to be used to invest into other funds (Distribution).
Surely £10 a day is £300 invested after 30days?
This may sound dumb.....You invested 10 pounds a day for a month, would the not be 300 pound?. and not £100 total
No questions is a stupid question! I missed a couple of days and there were only 22 trading days in the month from memory
@@MitchShoesmith Hi gain Mitch, thank you for the reply.
I see that on the website for 212 you can have a practice or demo run with an imaginary 50k I think it was, have you done a video on this as I searched your channel but didn't find any and tbh don't want to look at loads of other channels as your videos are so easy to follow
many thanks
The thing keeping me back from investing is this.
I have 3 children at home, 2 That need additional support. I Left my job 3 years ago to care for them and my partner also needs care. yes blah blah we get the benefits and pip and all you want to say but it isn't easy i want to build up some money for them for when the day comes that im no longer here and they need the support. anything that we try and save over 6k they start putting sanctions on. Lets be honest 6k aint alot of money and you get cut off if you have 16k of savings, even if you work or its in an isa.
All i want to do is have enough for them, which i never had.
Hi Mitch, great video, I need help with my pension funds investment strategy, happy to pay for consultation, would you be able to help please? Thanks
is not a good experimennt when VWRL is 60% US
Im buying ETFs from the accumulative ones. Should i not do that and re invest myself when they are low or ? Ive just started and have 210£ portfolio
10x30 = 300 so how can you only have 200 in
You don't get £100 share, you get £10 always on referrals. I got £10 in Porsche!
Tried it with different youtube channels and friends, always £10.
I got a £60 in mercedes when my partner used my link, she got £12 disney
I used the promo code but recieved only 9 pound free share and not 100 pounds
Ad says: Up to 100, mine was 6€, really low chances to get one stock worth close to 100
How much UA-cam is paying you to advertise 212 ? Or how much you getting views of it ?
Yo, anyone else think Step is low-key underrated? Solana squad knows what’s up🙌
That’s the golden rule, DCA and stamina ….
Some mothers do have em , you sound like Michael Crawford 😅
vanguard is increasing management fees
Thanks just signed up with code
Im up 272% in 9 years.
love it!
If only we could see into the future! 😭😭😭🔮
If you were doing 30 days @ £10 a day (then missed 2 days) wouldn’t that be £280 invested or am I missing something?
Sorry, just saw your answer to the same question. Forgot market is Mon - Fri. 😂
Investing in the global market, huh? Let's hope the international exposure pays off!
I am thinking of developing an MM capsule, I mix between melatonin and meth for that even keel pick me up before work.
Despite inflation reducing the US dollar's value, it's strengthening against other currencies and assets like gold and property. People are turning to the dollar for its perceived safety. I'm concerned about my $420,000 retirement savings losing value due to inflation. Considering alternative investment options is crucial.
I'm amazed you also know Roseline! My husband and I began with an Initial Investment of $8,000, as I was Initially hesitant about Investing. However, I now wish we had started with a larger amount, given the success we've experienced.
Many people use HELOCs to pay off credit cards, only to accumulate new debt. This can lead to financial ruin. Don't fall into the trap! Prioritize smart financial decisions and avoid risking your home
The global economy is currently facing a whirlwind of challenges. From the fallout of the pandemic to unpredictable market fluctuations, stability seems like a distant dream.
Inflation is on the rise, growth is dragging, and trade disruptions are unsettling the balance. It's clear that coordinated efforts from all sectors are needed to steer us back on course and spark economic revival.
Investing with a professional is the best strategy for beginners, as well as busy investors who have little or no time to monitor trader's.
it came back then slaughtered again this week
Need bi weekly update on this
@@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!
And I've seen an Elephant fly and a need-all wink its eye.... Just more YouTubby click revenue.
One more scam
first: how to get 10ß
A divorce will cost you more than a fall in the stock market
you need good money to invest like Tate says .all thi small money wont make anything but a good few million would make good profit
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.
From 11k to 17k that's the minimum range of profit return every week Many people don't realize that a strategy is simply a set of rules that an individual follows. It has absolutely nothing to do with the market whosoever.
After watching you for a while and having not a clue about investing, i have opened up 212 account and used your code and invested £1000....i suppose its a waiting game now 😀
@@Mr_Dave1979 love that Dave!
@@MitchShoesmith I should mention that im £2.74 in profit today 👍
@@Mr_Dave1979 How's it going?
This only works if you catch the wave at the right time. High risk investment.