How to invest your first $1000
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- Опубліковано 20 чер 2024
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Here's how I would have invested my first $1000, five years ago, with the knowledge I have now.
⌚️Timestamps:
00:00 - Intro
00:21 - I = Insights
01:32 - N = New Skills
02:43 - V = Value
03:40 - E = Experiences
04:45 - S = Solutions
05:44 - T = Travel
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DISCLAIMERS & DISCLOSURES
This content is for educational and entertainment purposes only. Nischa does not provide tax or investment advice. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and might not be suitable for all investors. Past performance is not indicative of future results. All investing involves risk, including the possible loss of principal.
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Do u offer services as an accountant
I need your advice as an accountant
Before i was not able to get the handle on my finances but now i have been watching your videos for about 6 months now. Interestingly it became a mindless task to me now
I chose to create a “solution” combined with “travel”. I am on disability benefits but I do own a house. I can’t afford the upkeep of the house but it is in good nick. After much research (btw thanks for your input) I decided to sell the house and invest the capital and move to India to live cheaply. I’m investing 75% in global equity (split into two funds so the fees are low) and 25% in global small cap equity (for a little extra juice). I’m looking at maybe a little more than 10% a year in the long run of which I can safely spend up to £8,000 per annum. It costs £5,000 a year to live in India and I shall reinvest the rest or spend it on vacations to nearby Asian countries between visas. Why struggle here when I can enjoy myself elsewhere?
Do a ton of research on culture and expats stories after they moved there and have stayed for at least 6 months. Im sure you already know this but I read about people who go on a whim and suffer from the massive culture shock that is entirely unavoidable unless you have already lived there. Most people recommend to go and stay for a 2 or 3 week vacation first.
Please tell me you're not claiming benefits in the UK while living in India
Very interesting idea and responses. That's right, you need to know what you are getting into when you choose to live in a different culture. Is it legal to claim UK benefits while living elsewhere? A lot of us Brits live in France or Spain while taking a UK pension. Is this wrong, illegal or immoral?
@@ccjohncc1 massive culture shock and the rest lol.
Saving typically results in you earning a lower return but with virtually no risk. In contrast, investing allows you the opportunity to earn a higher return, but you take on the risk of loss in order to do so
Whichever firm you select, make sure you get your insurance from a reputable financial adviser, such as *Jenny Pamogas Canaya,* who has dedicated her career to financial planning. Because they will assist you in escalating, navigating better, and completing the task in a safer manner||.
I purchased my first home at the age of 21 for $87,000 and sold it for $197,000. My second home, acquired for $170,000, was later sold for $320,000, and my third property, purchased at $300,000, fetched $589,000, with buyers covering all closing costs and expenses.
I've come across several positive endorsements of Jenny Pamogas Canaya on various platforms, including UA-cam channels, seminars, and more-|
Thanks to these recommendations, I successfully located her online profile and have already reached out to her with a message
Thank you for this. I felt for a long time that I wasn't investing, but your concept of investing in training, education, and certifications is affirming. A few years ago I was teaching high school and feeling burned out by all of the bureaucracy, conflicting agendas, and lack of respect in the classroom. I invested in an online, self-paced masters degree and found a job as an instructional designer. Now, two years later, I'm making nearly double what I was making. Great advice, And I'm loving your channel! Thanks for sharing the wisdom.
When I saw this title, I thought the best way to invest your $1000 is to actually learn how to invest $1000! Haha.
Investing in low cost index funds is a very sensible option. You gain exposure to all the largest global companies which significantly reduces your long term risk. Warren Buffet has always maintained " Never invest your money in a company/concept that you do not fully understand" For many - index funds are simple, cost affective and not complex to grasp. A great video Nischa.
Every time I watch one of your videos - I just take a step back after the first time I do, and look at how differently you approached a very common concept or topic, and how reassuring it was for me, as I believe I do think differently from most people. That means a lot to me. Specifically, the Travel little details and Investing in courses aspect - those blew me away - exactly what I think and exactly what I do. Much love 💕 and respect from Canada 🇨🇦.
I traveled frequently.. then took almost a 3 year long vacation/ mini retirement … now back to work and investing in myself .. back to school for MBA
Love the clarity and simplicity in your explenations. Excellent content, time well spent. Thank you👏
VERY well done ! I say this with 40+ years in mortgage finance & banking working with credit bureaus. Different models and parameters are used by different industries but *VRI TOKEN* info is pretty much universal. If you're trying to max your credit scores, there is a happy medium between too many credit cards and none. Too many cards with zero balnce may actually hurt you in some cases. Even if you do not use them, you have a potential. To always pay cash & still have cards doesn't help your scores as well
Hello Nischa, I have recently discovered your channel. You have helped me a lot. Thank you!!
Hello from USA,
Understanding value is key
Many just jump on the bandwagon because all their friends are doing it.
Success is a simple mindset!
(good idea for a future video)
Invest your time before you invest your money!
1000 is a good starting point.
Changing daily habits makes a huge difference.
again,
I always enjoy your content & have dozens of ideas for amazing financial videos.
Thanks.
Finally someone from the UK making good videos about investing, personal finances and personal development. I've just discovered your channel and I am hooked! It's amazing that you've reached 1M subscribers with only 85 videos and in 2 years, but watching the videos I clearly understand why. You are very professional, eloquent and knowledgeable as well as classy. Well done, Nischa. Keep going!
I look forward to your videos on Sundays, Nischa. So informative in the simplest of ways. Thank you for sharing your knowledge and thoughts with us all!
Can't deny the fact that *VRI TOKEN* is the strongest bet to bring power back to this industry after we suffered FTX, Celsius, Tera and so on. Sure if they fail it's done for good, but I don't see that the biggest tech company in the world would put everything at risk just for that.
I think you literally just saved my life Leo, I’ve been struggling to find a way out. I’m currently an N.A waiting to get certified because of covid and stuff but I support myself and my grandma. I don’t have anyone to turn to for help, I’ve been trying to save but I can’t because of bills and renting my apartment and everything. But this, literally helped me look to a brighter future. My grandma is crippled so she cannot do work or anything. Most people have parents to turn to but I don’t talk to my mom or dad. This literally helped me so much because since i met *VRI TOKEN* the real issue i have about debt was solve in some weeks am sure before Feb of my birthday i will be home owner.
When referencing corporate America, he said “They don’t really care about you as they make it seem” realest thing he said...I’ve seen experienced it first hand in the DMV. Black ppl aren’t really respected in corporate America. Glad that he was able to get out of there and become his own boss *VRI TOKEN*
I dunno… I was one of those people that didn’t care about a credit score, didn’t get any education about how important your credit score is, and I racked up debt like an idiot. I worked really hard and educated myself and I’ve brought my credit score from 480 to 732 and I’m still going up with *VRI TOKEN* . I feel like the government blaming credit reporting companies instead of the lack of financial education in their own public education system is foolish.
This is one of the many favorite video you upload love the message throughout the video. Definitely agree with the travel aspect in life it’s definitely long term memories. Thanks Nischa.
As a Data Analyst and Python Programmer, I was really happy to see that you've mentionned those in your video :)
Thank you for always sharing your knowledge with us.
I always look forward to your videos on Sundays😊
I’m so happy I came across your channel! Thank you so much for sharing your wisdom and insight ❤
I really enjoy your videos. You explain things in a simple, straight -forward way. Oh, and keep up that beautiful smile.
Can't deny the fact that *VRI TOKEN* has the strongest bet to bring lights back to this industry after we suffered FTX, Celsius, Tera and so on. Sure if they fail it's done for good but the pressure is too high and I think they will keep proper liquidity rather than these others. Don't see them going bankrupt any time soon.
The part about expedites is so important as is travel. Simple things like going for walk etc..I live some 20 miles away from a sea front & walks like these really help you to rewind. Another thing I enjoy is galleries & the cinema. Simple everyday things a couple of times a month can make a huge difference.
Thank you, Nischa. You always have great information.
That study on travel is fascinating! Thanks for the info!
Hi Nischa, another great video! Can you do a video on tips and tricks on getting your first buy to let property.
I LOVE that you brought up investing in yourself through further education.
Been thinking of studying Data Analyst for months now. And you've just suggested it! Thanks
Perfect video, thank you !
amazingly Helpful
Happy Weekend!
Each topic was great. I especially like the "Insight". This is the biggest issue and I rarely hear anyone discuss it. I am happy how you addressed "Value" because individuals know their situation better than anyone else so it is "their value". This coincides with "insight". Well done. Yes, you have other goods videos even though I rarely comment. I had not thought of words corresponding with INVEST. I would have addressed travel from a different perspective, which I now view as not as good as your way.
Bottom line is about understanding yourself, not flipping out over the little bumps in life and enjoying each day you get up ( tomorrow is a gift it’s not guaranteed). Pay ATTENTION this amazing Woman (Nischa ) has a wonderful gift an gets what life is all about. Till next time ,thanks again for your insight 💐
Thank you so much for this educational video, keep sharing your valuable tips!
Hey, do you have a video on how to set up offshore accounts ? Only just came accross your channel and it’s so informative and easy to understand! Love the editing too!
I genuinely look forward to watching your latest videos on a Sunday/Monday now!! 😍
I drove my first car in my dad's name and later went to get a truck in mine after I paid off my first one and drove off the lot with the truck I wanted, its mostly about a good credit score and a loan portfolio helps as well...lenders like to see various forms of loans in your name to be less of a risk and yes you might have to put money down but not HALF of the car loan Your exactly right I screwed my credit as a young man now I own a detailing company and can't get anything with out the full amount of cash. I'm working on my credit to get better with , Love the knowledge keep it up *VRI TOKEN*
Great video Nisha, love the 'outside the box' thinking behind the concepts in this one 👌🏾
Prettiest accountant I've ever seen. 😊
Very informative video, thank you!
Thanks 🙏, astonishing info , very well prepared message .
Thank you for sharing
Thank you so much for these informative videos, I came across your channel today. Is there a possibility of having less you tube adverts on your channel
I thing that this is so true!
I’m reading “The miracle morning”, because I’m focusing on improving myself and I already feel a bit better :3
Investing in stocks a small amount in companies I believe in following in-depth research, buying, holding & being patient is working well for me. Great video Nischa I totally agree with you investing in your self development and online courses has helped me greatly the part few years 😊
I really enjoy this channel. Thank you for providing such great content.
Really good information, thank you
You’re like a calendar .. when your video comes up, I know it’s Sunday 😀
Hi, love your videos. could you do one on how a company director getting paid by paye and dividends can effectively structure themselves for cost effective taxes.
Great info Nischa❤
Hi Nisha, have you thought of creating a Podcast show? Love your UA-cam channel BTW! Great content keep it going!!
Great video!! What is your virtual assistant? 🙏🏻
Keep up with the great work!
Very insightful 👏🏾
Your video comes up as soon as I wake up on a Sunday. Black coffee and your video is the combination.
thank you :))
great video and insight. thank you Nischa
Great Video!
Great tips ❤ thank you!
I love your Videos they are so helpful 🤗
Really amazing video
Wow Excellent video
Very useful for me
Thanks a million
Thanks!
Nischa, do you mind creating a video about repaying student loans in the UK? Is it worth repaying them earlier or not really? Thanks.
It’s really not worth paying it off early
Would like to see this also x
Good Information Nischa.
Thanks for all the great tips Nischa and congrats on making such a great contribution to people’s financial well-being
I have a question about getting stated in buying stocks and shares Are you able to recommend the best platform or way of buy shares on a monthly basis with say an initial budget of £100 per month My aim is to build a long term portfolios of shares May thanks in advance John from Bromley
Amazing content. Been following for a while. Where do you get your VA from? Virtual assistant
Great breakdown 😮💨
Love your channel always learning 🎶🎵🎶
You are awesome,
How to invest the money likely to be done and please explain your investment strategies.....
Credit scores are just a form of federal control, so if you want to continue living a good life? it’s important to have a high score. My house and vehicles are paid off, I have one Visa card for all purchases, which gives me air miles, and I pay it off monthly, but my score bounces between 800 and 820 without changing any of my patterns, so it’s manipulated for some reason. *VRI TOKEN* made it stay at that range and getting it up
After the Etherem ecosystem, *VRI TOKEN* is the best ecosystem available on the market and most people don't understand this yet, I believe due to lack of marketing. Thank you so much for bringing us this kind of content!
Credit score is not something used in all countries though. In France, they determine if you are eligible to get a loan (e.g., to buy a house) based on the ratio between your salary, your expenses and your savings. Basically, if every month you 'burn' all your money, you're perceived as riskier than someone earning less but consistently making deposits to a saving account. I feel in the US people tend to buy things they don't need with money they don't have... The only times I feel one should need a credit is when buying 'big' things (house, car, etc.). Not for a TV. I’m 26 with over 800 credit score, time was put into that to build it up by *VRI TOKEN*
Great informative videos
Good luck Nisha❤
Success depends on the actions or steps you take to achieve it. Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Financial management is a crucial topic that most tend to shy away from, and ends up haunting them in the near future.., I pray that anyone who reads this will be successful in life!!
Excellent video Sister.
Hi Nischa!
Not sure which was better this morning, waking up to this amazing piece of advice or that first coffee after a Leafs win!
Thank you, James!
NGL, this is brilliant
Hi Nischa! Thanks for your content... it's so helpful. I want to develop content to monetise it in the future... what are the best courses or resources to learn about digital marketing/content creation, etc?
another banger!!!!
Nischa for President!
I started to look into NFTs to build more my knowledge. Your video was simple and very enjoyable to watch so thank you for publishing this content. I personally think this revolutionary way of buying /selling art or actually anything that can be classified as a virtual asset will need to be watched very closely. The sector is still widely unregulated and those activities can conceal massive risks of money laundering and financial crime at many levels. There was no case of money laundering or any suspicious activities when I made the decision to join *VRI TOKEN*
your life bits were so wholesome
First of all, you are model-gorgeous. Secondly, what a great insight about education. Never calculated the worth of investing in yourself. Thanks.
Thank you for another great video! Just signed up for your money crash course, I'm curious but I'm sure it will also be great. Edit: do you have an opinion/advice about investing in crypto vs other more traditional investment methods?
Hi Nischa , would you recommend 212 trading or etoro? Or something different?
Nischa, you are so young, but I feel I'm getting advice from an wise, rich and older aunt. hahaha. Great video.
If you can make a video on how to automate a business .I have heard it alot but no clear idea how to do it. It will be very helpful.
Maybe a video on top book recommendations? Stocks / mindset.
Could you do a video on interest free investments?
Have you talked in depth about your Virtual Assistant? That would be very interesting. How you picked, what you hand off to the, how you manage it on-going, etc.
Thanks again for being honest. Very good vid. Solid advice. as an edit. Ive never had scammers try to scam me from commenting on a channel. Every time i comment on your channel scammers contact me pretending to be you. Not your fault obviously. How do you even protect against that?
You make a lot of pertinent points. Education is about the single biggest was you can invest in yourself. Learning a valuable niche skill. Absolutely right with Python.
Finding a good course on it though is the hard part.
love to watch your videos from sri lanka
Do I invest to go the gym?or should I train with my home equipments
An interesting slant on investment
I wanna let you know that *VRI TOKEN* made it this year. What better way to start a global change? Don't get me wrong I know they are not like altruists or something but they keep doing the right thing to improve the situation, power the ecomonmy and so much more. We need players like them and we can always jump in the train at good spots such as this one
What a wonderful channel! ❤