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 like investing in close-end funds that pay monthly dividends. The trick is to hold long term and reinvest the monthly dividends plus buy more shares on a monthly basis or when ever you can afford to. This can be easily done because close-end funds are bought and sold on the stock market just like regular stock. That’d be enough to create a portfolio that would pay you between $50k to $70k in dividend income
Just because there are opportunities in the market doesn’t mean you should go in blindly. To understand the potential factors that contribute to your financial growth, I'll advise you to seek the help of a professional
Due to my demanding job, I lack the time to thoroughly assess my investments and analyze individual stocks. Consequently, for the past seven years, I have enlisted the services of a fiduciary who actively manages my portfolio to adapt to the current market conditions. This strategy has allowed me to navigate the financial landscape successfully, making informed decisions on when to buy and sell. Perhaps you should consider a similar approach.
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
My CFA *Julianne Iwersen Niemann* a renowned figure in her line of work. I recommend researching her credentials further... She has many years of experience and is a valuable resource for anyone looking to navigate the financial market..
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 am at the beginning of my "investment journey", planning to put 85K into dividend stocks so that I will be making up to 30% per year in dividend returns. Any advice?
Investing without proper guidance can lead to mistakes and losses. I've learned this from my own experience.If you're new to investing or don't have much time, it's best to get advice from an expert.
Yes, I agree. I use a financial advisor too. Same person since 2020. I don't worry about whether the economy is going up or down or sideways. I always ride through.
Finding financial advisors like Sophie Lynn Carrabus who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
My advice to new investors: Buy good companies stocks and hold them as long as they are good companies. Just do this and ignore the forecasts and market views which are at best entertaining but completely useless.
The key to high returns isn’t fast-rising assets but managing risk relative to reward. It’s about holding the right position size and leveraging your advantage repeatedly to achieve your target. This applies to everything from long-term investing to short-term market strategies.
Even with the right strategies and appropriate assets, investment returns can differ among investors. Recognizing the vital role of experience in investment success is crucial. Personally, I understood this significance and sought guidance from a market analyst, significantly growing my account to nearly a million. Strategically withdrawing profits just before the market correction, I'm now seizing buying opportunities once again.
I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for.
I feel your pain mate, as a fellow retiree, I’d suggest you look into passive index fund investing and learn some more. For me, I had my share of ups and downs when I first started looking for a consistent passive income so I hired an expert advisor for aid, and following her advice, I poured $30k in value stocks and digital assets, Up to 200k so far and pretty sure I'm ready for whatever comes.
@@BennettElizabth The crazy part is that those advisors are probably outperforming the market and raising good returns but some are charging fees over fees that drain your portfolio. Is this the case with yours too?
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 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!
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 Wendy Stewart for helping me achieve this
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!
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.
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.
I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Brooke Grace Miller.
I just withdrew my profits a week ago, To be honest it was an amazing feeling when the profits hits my wallet I wish I could reinvest but, too much bills
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
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
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
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.
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.
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
Market trends can shift rapidly, with indexes often transitioning from a bear market to a bull market precisely when news is most negative and investor sentiment is at its lowest . Keep investing regularly and you'll be blown away how much it can change in a few short years. Here's to $1 million and to FIRE!
Safest approach i feel to go about it is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown. its important to seek the guidance of an expert
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
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
Aileen Gertrude Tippy is her name. She is regarded as a genius in her area and works for Empower Financial Services. By looking her up online, you can quickly verify her level of experience. She is well knowledgeable about financial markets.
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
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.
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.
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!
@@justingrainger6627 accumulating means the dividends are automatically reinvested, the alternative is a distributing fund where the dividends are paid in cash
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
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).
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
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.
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.
@@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
I sometimes wonder how successful investors manage to accumulate enormous wealth from their investment endeavours because I am an avid investor. I currently have equity from a recent house sale that exceeds $545K, but I'm not sure what to do with my money next. Is now the right moment to buy stocks, or should I wait for a better opportunity?
Starting early is simply the best way of getting ahead to build wealth , investing remains a priority . I learnt from my last year's experience , I am able to build a suitable life because I invested early ahead this time .
Many people minimise the importance of counsel until their own feelings become overwhelming. A few summers ago, following a protracted divorce, I needed a significant push to keep my firm solvent. I looked for licenced advisors and found someone with the highest qualifications. She has contributed to my reserve increasing from $275k to $850k despite inflation.
Recently, I have been exploring the possibility of consulting with advisors. As a mature individual, I am in need of guidance, but I am curious to know how truly impactful their services can be?
“Aileen Gertrude Tippy” is who i work with and she is a hot topic even among financial elitist in California. Just browse, you’d find her, thank me later.
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.
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.
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 😀
Hey Mitch, This was a great video, I've been following for a year now, I'm a video editor I am willing to edit your videos and increase your views and engagement. Thank you
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 like investing in close-end funds that pay monthly dividends. The trick is to hold long term and reinvest the monthly dividends plus buy more shares on a monthly basis or when ever you can afford to. This can be easily done because close-end funds are bought and sold on the stock market just like regular stock. That’d be enough to create a portfolio that would pay you between $50k to $70k in dividend income
Just because there are opportunities in the market doesn’t mean you should go in blindly. To understand the potential factors that contribute to your financial growth, I'll advise you to seek the help of a professional
Due to my demanding job, I lack the time to thoroughly assess my investments and analyze individual stocks. Consequently, for the past seven years, I have enlisted the services of a fiduciary who actively manages my portfolio to adapt to the current market conditions. This strategy has allowed me to navigate the financial landscape successfully, making informed decisions on when to buy and sell. Perhaps you should consider a similar approach.
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
My CFA *Julianne Iwersen Niemann* a renowned figure in her line of work. I recommend researching her credentials further... She has many years of experience and is a valuable resource for anyone looking to navigate the financial market..
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 am at the beginning of my "investment journey", planning to put 85K into dividend stocks so that I will be making up to 30% per year in dividend returns. Any advice?
Investing without proper guidance can lead to mistakes and losses. I've learned this from my own experience.If you're new to investing or don't have much time, it's best to get advice from an expert.
Yes, I agree. I use a financial advisor too. Same person since 2020. I don't worry about whether the economy is going up or down or sideways. I always ride through.
@@PatrickLloyd- Who is this person guiding you and how can i reach he/she?
Finding financial advisors like Sophie Lynn Carrabus who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
Thanks a lot for this suggestion. I needed this myself, I looked her up, and I have sent her an email. I hope she gets back to me soon.
My advice to new investors: Buy good companies stocks and hold them as long as they are good companies. Just do this and ignore the forecasts and market views which are at best entertaining but completely useless.
The key to high returns isn’t fast-rising assets but managing risk relative to reward. It’s about holding the right position size and leveraging your advantage repeatedly to achieve your target. This applies to everything from long-term investing to short-term market strategies.
Even with the right strategies and appropriate assets, investment returns can differ among investors. Recognizing the vital role of experience in investment success is crucial. Personally, I understood this significance and sought guidance from a market analyst, significantly growing my account to nearly a million. Strategically withdrawing profits just before the market correction, I'm now seizing buying opportunities once again.
@@mariaguerrero08Impressive can you share more info?
Her name is. ‘IZELLA ANNETTE ANDERSON’. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
Thanks for the info, i found her website and sent a message hopefully she replies soon.
I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for.
I feel your pain mate, as a fellow retiree, I’d suggest you look into passive index fund investing and learn some more. For me, I had my share of ups and downs when I first started looking for a consistent passive income so I hired an expert advisor for aid, and following her advice, I poured $30k in value stocks and digital assets, Up to 200k so far and pretty sure I'm ready for whatever comes.
@@BennettElizabth That's actually quite impressive, I could use some Info on your FA, I am looking to make a change on my finances this year as well
@@AlilatTiamiyu My advisor is MARGARET MOLLI ALVEY;
You can look her up online
@@BennettElizabth The crazy part is that those advisors are probably outperforming the market and raising good returns but some are charging fees over fees that drain your portfolio. Is this the case with yours too?
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 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!
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!
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 Wendy Stewart for helping me achieve this
she's mostly on Instagrams, using the user name
@Fxstewart12 ..that's it .
Please tell her that I reffed you 👍
She’ll guide you💯
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
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 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!
@Mitch Hey mate live your video
What you suggest for beginners to start treading at 100 usd
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
I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Brooke Grace Miller.
I'm surprised that you just mentioned and recommended Brooke Miller, I met her at a conference in 2018 and we have been working together ever since.
The very first time we tried, we invested $1000 and after a week, we received $5500. That really helped us a lot to pay up our bills.
I'm new at this, please how can I reach her?
I just withdrew my profits a week ago, To be honest it was an amazing feeling when the profits hits my wallet I wish I could reinvest but, too much bills
she's mostly on Instagrams, using the user name
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
So you have 200£ invested at tenner a day dors that mean you cant invest on a Saturday or sunday even worldwide?
can I invest in gold?
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
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
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
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!!!
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
Rather than VWRP, it may be best for you to go 90% Vanguard VHVG & 10% VFEG - same as VWRP but much lower fees ...
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
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?
Hi Mitch, sorry to bother you, how I get in touch with you. Regards Melvin.
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
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.
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.
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!)
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 😂
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.
Market trends can shift rapidly, with indexes often transitioning from a bear market to a bull market precisely when news is most negative and investor sentiment is at its lowest . Keep investing regularly and you'll be blown away how much it can change in a few short years. Here's to $1 million and to FIRE!
Safest approach i feel to go about it is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown. its important to seek the guidance of an expert
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
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
Aileen Gertrude Tippy is her name. She is regarded as a genius in her area and works for Empower Financial Services. By looking her up online, you can quickly verify her level of experience. She is well knowledgeable about financial markets.
Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.
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
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.
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
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! 😕
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👊🏼
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
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
Loved it Mitch, Many thanks for your time/ effort in educating us in simple manner! Appreciated. Santosh from India.
Thanks Santosh!
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
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
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 , 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!
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).
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
Do you have any issues making money from US weapons and tech companies who are farming explosive profits in the middle east?
That’s the golden rule, DCA and stamina ….
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. 😂
This sounds great
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?
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?
Hi there, i need some help with financial profile to be able to trade opinion on interactive Broker. Can someone help me with this?
If only we could see into the future! 😭😭😭🔮
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 👌🏼
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.
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.
is not a good experimennt when VWRL is 60% US
Thanks just signed up with code
Im up 272% in 9 years.
love it!
10x30 = 300 so how can you only have 200 in
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
Can anyone tell me UK equivalent to XLI, XLY and SCHG EYF's. Thanks
Investing in the global market, huh? Let's hope the international exposure pays off!
it came back then slaughtered again this week
I sometimes wonder how successful investors manage to accumulate enormous wealth from their investment endeavours because I am an avid investor. I currently have equity from a recent house sale that exceeds $545K, but I'm not sure what to do with my money next. Is now the right moment to buy stocks, or should I wait for a better opportunity?
Starting early is simply the best way of getting ahead to build wealth , investing remains a priority . I learnt from my last year's experience , I am able to build a suitable life because I invested early ahead this time .
Many people minimise the importance of counsel until their own feelings become overwhelming. A few summers ago, following a protracted divorce, I needed a significant push to keep my firm solvent. I looked for licenced advisors and found someone with the highest qualifications. She has contributed to my reserve increasing from $275k to $850k despite inflation.
Recently, I have been exploring the possibility of consulting with advisors. As a mature individual, I am in need of guidance, but I am curious to know how truly impactful their services can be?
“Aileen Gertrude Tippy” is who i work with and she is a hot topic even among financial elitist in California. Just browse, you’d find her, thank me later.
I looked her up, and I have sent her an email. I hope she gets back to me soon. Thank you
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!
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.
And I've seen an Elephant fly and a need-all wink its eye.... Just more YouTubby click revenue.
I am thinking of developing an MM capsule, I mix between melatonin and meth for that even keel pick me up before work.
first: how to get 10ß
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.
A divorce will cost you more than a fall in the stock market
This guy may as well post these videos in a foreign language. I do not understand any of this jargon.
This only works if you catch the wave at the right time. High risk investment.
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 👍
How was it only £200? When it’s £10 a day? Surely it should be £300? 😅 but I do get the gist of the video. Sorry just not picking 🤣💀
@@burwin74 22 trading days in the month, I missed two days, hence the £200, hopefully the sentiment still stands!
😂😂😂
Hey Mitch,
This was a great video, I've been following for a year now, I'm a video editor I am willing to edit your videos and increase your views and engagement.
Thank you