I hope this was useful! This was my most time consuming video yet 😅 If you did find it useful please hit that Like Button (It's free). And consider subscribing - I'll have another portfolio update coming shortly - excited to show you guys what I've been up to 📈
@@Ptputl Hey Mark - I have them paid on to my account as cash with VWRL - I then buy more when thing are down (or invest in other opportunities I find). Always good to add more when somethings down.
🌎Successful people don't become that way overnight. What most people see at a glance- wealth, a great career, Purpose-is the result of hard work and hustle over time. I pray that anyone who reads this will be successful in life with the help of Mr Ramakrishna.
I trade with his strategy. He is surely the best when it comes to option trade, I made $10,000 under two weeks i let him manage my account. He is really a life Saver.
Great video. It soon becomes habit forming. Once compounding kicks in things really begin to take off and it starts to feed itself. I eat, sleep and breathe shares. Best thing I ever did.
This Video has been so factual and helpful. I set up a S&S ISA with AJ BELL almost immediately after watching your video. This is something I have always wanted to do but had no idea where to start as a 22 year old who has worked full time since I turned 16 and has no higher education, it has became immensely important to me to try and build some sort of wealth for the future so this in combination with a very good works pension gives me great confidence for the future. Thanks again!
Investing prospects of a minimal sum of money can be both exhilarating and baseless. With the right approach, there’s a potential for significant wealth growth, Judging by this i'm still in search for suggestions as to a way to improve my retirement portfolio of $580k
Every strategy carries its own set of pros and cons and picking the right one depends on your specific financial goals, but in order to execute such effective decisions, you must be a professional.
Correct. Despite having no prior investing knowledge, I started investing before the pandemic and pulled in a profit of approximately $950k that following year. In reality, all I was doing was getting professional advice
Do your due diligence and opt for one that has tactics to help your portfolio continue consistent and steady growth. "Colleen Janie Towe" is accountable for the success of my portfolio, and I believe she has the qualifications and expertise to accomplish your objectives.
I will look her up online and do my due diligence. If She seem proficient. I will write her an email outlining my financial objectives and scheduled a phone call.
@@Crayton9172 looking at the stock market I've actually lost so far, however the best time to buy is on the decline so this isn't such a bad thing for a 10-30 year investment
As a self employed person having to start over again, I just found your UA-cam Channel. Thanks for creating these educational videos on how to invest. I will check out your other videos on the channel.
New subscriber here, great channel. I invest heavily into my Roth IRA, 401K and brokerage accounts. I like your channel vibe, it’s one of the few on UA-cam that gives me a insight on investors in the UK. I see your channel gaining more subscribers in the future, keep doing what you are doing.
Excellent video with great comparisions. Thank you. I am invested in the market, its just interesting to watch your views on certain topics. :) keep going lad Edit: The only addition that I would add is that its not the stock price thats the price of the company its the market cap thats the true value.. the price of the company is just the number of outstanding shares divided by the market cap. Like Currently with Berkshire Hathaway has shares worth $400k+ but having a market cap of 711B, compared to Microsoft with share price being "only" $307 but market cap of 2.2Trillion.. so MSFT is more expensive to buy but the stock price is significantly lower. So this just means that Berkshire has fewer shares outstanding
Online trading is one of the most reliable online global wealth creation, Highly profitable and safe when you work with the right guide. Thanks Mr Ramakrishna for being my guide to wealth.
I wish I had started self-investing earlier but the problem was nobody ever taught me how to do it. Its not something that was taught at school. Not sure if it is now but should be IMO. Some people invest without knowing it i.e. in their pension. Ok so they may not pick the shares themselves but effectively they still own shares.
18:04 the general point of what your talking about makes sense but what about the other 40% of the VWRL that isn't USA, surely you would have the other £2000 invested in that 40% and also not £8000 but hypothetical £7000 that is actually just the original £5000 that is invested into the s&p 500. Just a question things like this make me really confused lol
Hi, I’m going to be opening a stocks and shares LISA, do I invest into a index fund every month with my monthly payments that I pay into the account? Thanks
Mr Ramakrishna is really a genius, I trust him alone. Helped my family a whole lot and brought me out from a very harsh financial condition. Mr Ramakrishna is the Best.
For me it's index funds rather than individual companies. I think I just don't want the stress of worrying about an individual company making stupid choices, or accidentally buying an over valued company. I mostly do the FTSEs and started when the pandemic hit so not done too bad. S&P would have been better, but I suspect the horse has bolted on that one. Now it's just a long term view and I'll ride the dips.
Good to hear! I'm a bit fan of Index funds and may consider switching my whole portfolio to them shortly! At least my main one. Considering my options for the new tax year. Which are your favourite funds?
@@chrispalmer24 using Vanguard I mainly invest is FTSE100 ETF UCITS, as well as the 250 UCITS. Any spare cash in there I just throw at random stuff like emerging markets and S&P, but the bulk is still on the FTSe100.
Hi, do we know if now is a good time to buy indexes considering the current economical downturn? Are we getting cheaper indexes based on this so effectively getting more than during an upturn? Thanks
Love your channel and very calm method of explaining things. Even tho I am an investor in vanguard myself I still really enjoyed this video. Smashing it :)
Great video, really enjoyed it but one question. If inflation goes up on average 2% a year how does the VWRL beat that when it pays a dividend or 1.41%? Does it pay that every quarter and therefore does beat it...something like that?
Hi guys, I need a second opinion on a couple of funds. I’ve always been a vanguard guy for long term ETF’s, however I’m starting another portfolio, other than my main one, as transferring an old ISA. I’ve been looking at Invesco ETF’s as opposed to Vanguards. Such as the S&P 500 and the equivalent world funds. The invesco offerings appear to have slightly lower charges, and also significantly better performance over the same 5 year period. I’m talking about MXWS vs VWRP mainly. Any thoughts? Thanks! :)
I get really confused with tax if I was to invest say 20000 today then take 18000 out in Sep this year how do I declare tax or is it done when you withdraw or if I dont take any out for 5 years say then what happens do I pay tax only once I withdraw and on a side point you say use Freetrade what happens to your money if they were to cease trading and company didnt exist
Hey Tim, Depends on the type of account with an ISA you don't need to do anything as there's no tax liability, it's all tax free. In terms of safety it's covered by the FSCS up to £85k (cash) investments are held separately so are safe.
This is the index fund I invest in. I went for the accumulation though 😬. I want to get a few individual shares to. I was lucky to get some Walmart shares through work at a discounted price a few years ago to
That's a good shout. I do have more money that I would like to invest, I have just been a bit too indecisive. This will be a good compromise. Thanks for another great video
Hi Troy, sorry for the delay! VWRL is the entire world (about 50% USA - then rest of the world) and VUAG is just the S&P500 so it's just 100% USA. Neither are bad options! VWRL just gives you some more diversification.
Sorry Chris, can you just clarify, in making the purchase that you demonstrate, investing in that index fund, is it a one off purchase/payment, or would I be actually agreeing to keep paying the same amount recurring every month?
Hey bud. You can buy one off but I’d advise splitting your money and buying once per month so you average on and split risk. If you buy now for example and it’s down for 12 months before it’s back up if you keep buying every month they’ll make great returns as it comes back etc
Interesting Andy, thanks for sharing! I'm considering looking at a few alternatives. I like VEVE - that's my main global one. Be interesting to compare a few!
😅Great video Chris I think this will help a lot of people. I use the Vanguard platform but have also selected the index you mention. Thank for the information.
I'm new to this investing. I've been looking at where to grow my house deposit looking to buy in the next 3 yesrs. Im looking at VG LS 100% Equity but you're taking about VG VWRL. What is the difference between them? And why?
Hi, what would you say is the best thing I can do with a redundancy package? I'm going to open an ISA but that's only a fraction of the sum so how do I use the remaining figure in such a way that it's accessable AND protected against being taxed over and over again? Great videos! Thanks!
Thanks! I would look in to whether you can tax relief on your pension. The other option is a general investment account. You could receive 12.3k capital gains tax and 2k dividend tax allowance each year so essentially you can make 14.3k a year tax fee that way too. Super low risk is something like premium bonds too
@@chrispalmer24 thanks for the videos and quick response. I'm glad I've found your channel and will certainly be watching more or your content. Much appreciated!
@@chrispalmer24 just a thought, would it be wise to say put 20 k into an ISA on this side of the fiscal year and then another 20 post April and for say my wife to so the same? That way 80k is taken care of?
This is a great helpful video Chris. Thanks so much for making these. You are influencing my way of thinking. What is the yearly return roughly on a Freetrade stocks and shares ISA?? I was going to move my Link Financial account over to Vanguard back in July but they weren’t able to take me. There was a confusing delay in the transfer process. Would you pick Freetrade over Vanguard any day??
No problem at all! Glad to year. Freetrade is just a platform so it'll be what you buy within there that determines your return. Your best bet if starting out would be the fund mentioned in this video, and then buy a couple companies you like for fun. I'm in a group with a lot of people with over £1million invested and they literally only have this fund lol, pretty nuts. I prefer Freetrade as mentioned just so you can buy other companies if you want to. Vanguards fine but will get more expensive as you grow your cash and limit you.
@@chrispalmer24 I roughly have around £23k in my current Stocks & Shares ISA. What would you buy if you had that amount of money?? Would it be a good idea to put it all into the Vanguard fund you mentioned? Or put in half the amount and the rest into something else? I didn’t realise you could buy Vanguard funds through Freetrade.
Hi. Really helpful video thank you. I am more interrested in accumulating index fund. I notice you mention vwrl and vwrp but when looking at Google price chart the performance differs massively. Is this because they're in different currencies? Google has vwrl as gpb and vwrp as eur. Is that correct. Thanks
You recommended a couple of books on a previous video, can’t remember which video or books they were. I’m just starting out and follow you’re great content, could you please point me in the direction of what these books may have been. Thanks
What if I didn't want to choose my own stocks and shares? Could I do a plan and invest with my bank and pay them a fee to make my decisions for me? Will that have the same outcome as an ISA stocks and Shares?
I definitely wouldn't do that Roxy - I'd look at something like VWRL - have a look at my Invest Engine review, I'll have another video coming soon. It's one "stock" basically an ETF which includes over 1,000 companies from across the globe, it's returned 9.9% on average every year, invest regularly, set and forget :)
Can someone explain to me when people talk about when u invest lets say $200 monthly, your investment then compounds monthly. To invest monthly is that just buying $200 worth of the index fund every month?
Yup that's it, so you invest regularly and the amount adds up, but it also gains a % - it builds up quite nicely, have a play with this, super nice - www.thecalculatorsite.com/finance/calculators/compoundinterestcalculator.php
Also how do you know if it will compound monthly. Let's say I bought snp500 and bought $200 worth a month. Does it compound monthly coz I bought monthly?
@4:24 Potentially misleading? £10,000 + £2,400 per year * 1.05 per year for 10 years is around £47,287 BUT you would have invested £34,000 Therefore you'll make 13,287, not 47,287, which is still pretty good.
Good morning, which etf exactly follows the S&P500? I am not looking to beat the index. Neither am I looking to underperform. Just follow the S&P500. Nothing more. Nothing less 📈
🔗Get access to my buy & sells as well as more frequent portfolio updates (+ support the channel) - www.patreon.com/chrispalmer24 - 50% off until the end of December
Awesome video. I’d like to start investing in ISA & Stock and I want to invest £100 every month, leave and forget it, which stock in Vanguard do I choose, any advice for totally new beginner in investing world?
Great video, I've been somewhat torn between the VUSA and VWRL ETFs. Despite being all US, the S&P 500 ETF has been less volatile than the VWRL ETF in the past 5 years. A global index fund does seem attractive though with markets such as China and India having great potential in the future given the right conditions.
If possible, I'd recommend both. I've gone with the Vanguard Life Strategy and the VUSA, one's pretty much a safer bet, and the other, whilst riskier, can see higher returns :)
@@mAcroFaze Late to the reply party here but my experience so far has been that the main think to have avoided in recent times is bonds! Sadly my pension poerfolio followed the traditional mould and so I have lost a lot since COVID hit :(. VUSA is volatile but a good performer in the longer run, FTSE Global All Cap Index Fund Accumulation performs a bit slower but is also more stable and the Vanguard LS100 has done fine ... whereas the LS60 has been a dumpster fire thanks to that high bond portion.
Defo more than 1! Most of the people I’ve chatted to around the million mark seem to pretty much just go for VWRL and nothing else, I’d like to have more than just that for sure
Hi Chris, I currently have a cash LISA would you advise switching to a stocks and shares LISA? Any tips in switching and where best? The aim is to get a house within the next 3 years.
Hey S K! Completely depends on your level of risk. I probably would but I’m quite risky sometimes lol. Id rather not miss out. But you could essentially do cash idea and just the free bonus :)
Love the content. Where did you find information that if you have a £1mil stocks and shares ISA that you can avoid tax and have £50k a year for retirement? I've never heard this before? Would love to learn more about this Thanks
Hey Andrei - essentially I'd aim to make 5% return on £1mill within an ISA (if I ever got there) - so it'd be £50k profit a year you could take tax free :)
What do you mean when you say you lose your allowance if you take money out? Does that mean if I for example invested £5000 in FTSE 100 and then cashed out and actually withdrew that money from freetrade into my current account, i wouldn't be able to put any money at all back into freetrade until the start of the next tax year?
Hey Adam. So whatever you put in to the ISA if you take it out you lose that allowance for the year. If you put the full 20k in took 5k out you can’t put anything back in. You can sell shares within your account though
Hey Friends, I would advise you to trade with Mr Ramakrishna whose strategies are very unique and mind blowing he is a trader with a difference, He is so unique and trustworthy.
Amazing video, Stock trading has proven to be beneficial over the decades but personally you will never understand how profitable stock trading is until you start investing, I was able to make good profit in a months, Mr Ramakrishna adopt the trading strategy that will always protect your investment at every market collapse it's really awesome.
Thanks Chris, really appreciate the video and your informative content. The recent self-education and deep dive in this area, that was previously foreign to me, has got me over the apparent barrier of entry we create through fear or lack of knowledge. Glad to be discovering this now at the age of 31 -it all started after reading 'rich dad poor dad' two years ago and will continue maxing out my stocks and shares ISA yearly in a disciplined yet worthy pursuit of 'money working for you rather than you working for money'.
I took action after watching this video and I’ve bought 1 share of the FTSE VWRL - hope it brings me luck!!! So what do I do from here? Just Lee putting money into it monthly?
Not many people mention the importance of having a LISA and maxing out the contributions first and then prioritising your S&S ISA second. I think this is a really important point given the guaranteed 25% from the LISA and the fact that most of us are investing for the super long-term anyway. Great video.
But you then get almost no interest going forward. A stocks and shares isa at even 5% a year will be more beneficial within 5 years, then exponentially going forward. You also aren't limited when you can take money out if need be. Anyone who thinks a LISA is a better long term investment than a stocks and shares ISA needs to re evaluate their ideas
@@james2614mc unless you want to buy a home in the short term. Guaranteed 25% increase per year is clearly best if you want to buy a home in the next 5 years or so
Hi there Chris I have wanted to do something like this for years I have retired and had a private pension I had a Isa that was making a little money but for years I realized that you won't make money from the bank but I just want to make a bit of money because it is just dwindling away because the grand kids think I am a bank and they are borrowing a lot of my money promise to pay me back it's awful these days because no one will lend you money so I was always looking for something that would make a bit of a income I just want to make a few 100,or 1000 but I have always been put off in case I lose it but I might try this app on your offer and I will see how it goes I'll still watch your video to try and learn a bit more
Hi Clifford, Sounds good - Check out my Invest Engine video as that's the one I recommend most now. Just investing slowly each month in to an all world fund on there is what I'd recommend
Morning Chris, great video thanks for sharing. If I were choosing the VWRLP to reinvest my dividends, looking to do this over 15-20 years as oppose to doubling my mortgage payment, do the reinvested dividends accumulate on my monthly deposits? For example, if I were buying £250 every month of VWRLP, if any dividends were gained they’d accumulate on top of the £250 each month?
Thanks so much. I've been doing so much research into investing these last few weeks and this video has just confirmed all my findings (with a few extra bits too). :)
your videos are pretty good man, you definetly deserve a lot more subscribers. I'm trying to get into investing, learning about it, what to do and how to do it. And I've watched some of your videos and they helped.
I've watched almost all your videos, because I want to make extra money to invest. Can you please do a full video tutorial on matched betting for complete beginners?
Thanks Karen, appreciate it! I planned to start recording one matched betting for a week - sadly this one took a ridiculous amount of time 😂 I’ll start making that one next week will likely be published the week after as I’ll have to do it for a week first. I think that’ll be good because it’ll show me actually doing it
ETFs are less volatile with much less downturns then stocks and over 5 years beats most stocks. I have 2 ETFs and handful of stocks like aaple, msft, Google.
I'm looking to start investing around £75 PCM (all I can afford atm whilst still contributing to my easy access savings and saving for wedding etc) and am wondering if it'd be better to invest the whole lot in the FTSE all world or if there's another ETF I could also be contributing to alongside this. Any ideas on this? :) I'd be happy to split between a few funds if this'd be beneficial. I've seen you mention VEVE and not sure if this'd be a better choice?
Hey Chris, I watched your video for beginners, I really enjoyed it. I opened an account with Free trade for a stocks and shares ISA. I didn't understand how to inform DWP. If you could explain it to me again with the website address, that would be great. A massive thank you and keep up the good work.
Hey Amy, yeah that’s right. Because it’s accumulation all the companies that pay dividends within there are just automatically put back in to the fund so it’s included in the price 😌
@@amyk9813 no problem! Happy to help :) I actually go for VWRL which pays you out the dividends (no tax implications if within an ISA) then I use that money to buy more on days where it looks down etc
Video was really good, balanced and informative until right at the end where you advised beginners to try the market by buying manually at the bottom.... For beginners who don't know or have the time to keep up with business news, best advice is to set up a direct debit monthly and leave it alone.
Retired with a 7 figure portfolio and Receiving about $43k in dividends. I have been in the Stock market about 20 years. Am I worried? Am I selling? Absolutely not. I have purchased growth stocks too a little at a time over the past few weeks. I am going to sit back and observe how this all plays out, adding more at a time. my investment strategy with my FA actually calms me down. Eye on the prize, stay the course!
Not a bad option at all. I think actually just keeping your money in them and collecting dividends is a really nice strategy. I’m going to be added some more nice dividend payers to my portfolio
Yeah that’s a big downside. Really I’d say it’s £9.99 per month if you want a full variety. There’s still quite a lot for free though, if you keep cash on account it’s technically free with the interest plus gives you
Hi Chris, I have downloaded freetrade app just now. I am 64. Lived on my saving for last 5 years and do not want to claim from government. To late to invest in pension. So just looking for bit of extra to survive next 3 years 🤔
Hey Rita 👋 if the goal is some extra cash I’d think about a good savings account I’m not sure what your current gives but Chase has 1.5% which is something I’d keep an eye out because more may be coming too. The ideal would be to work on a little side hustle in some way to make some extra money. Do you have any particular skills you could use? I always recommend matched betting
What do you think of this combo VWRL and U.S equity index Vs lifestrategy 80 ? My thinking is although I like LS 80 for diversity and bonds for safety it's UK weighted whereas if I get the other two mentioned I will be diverse and weighted towards USA with emerging markets too
Hey Chris, Great video and i have "liked and subscribed" I have a spare £2500 and £150 per month. should i put this all on s&p500 or split it over a few different ones. thanks
Let's say that you invest in your pension and you put as much as you can but you want to reitre at the age of 40.. You'll have to pay 25% on the amount that you have been saving for lets say 20 years (If you started when you 20). So now you basically loosing the extra money your employing was matching and maybe even loosing money value. Is it actually worthy?
⭐ My favourite Investing Apps for 2024 is InvestEngine - bit.ly/3sj7bqk (This link will get you up to a £50 Welcome Bonus)
I hope this was useful! This was my most time consuming video yet 😅 If you did find it useful please hit that Like Button (It's free). And consider subscribing - I'll have another portfolio update coming shortly - excited to show you guys what I've been up to 📈
Worth the extra time you spent - fab video as usual Chris!
@@Your-Money-Mindset thanks 😊
Hi Chris, I think that you may have covered this at the end, but could you please clarify how you reinvest your dividend payments?
@@Ptputl Hey Mark - I have them paid on to my account as cash with VWRL - I then buy more when thing are down (or invest in other opportunities I find). Always good to add more when somethings down.
🌎Successful people don't become that way overnight. What most people see at a glance- wealth, a great career, Purpose-is the result of hard work and hustle over time. I pray that anyone who reads this will be successful in life with the help of Mr Ramakrishna.
I trade with his strategy. He is surely the best when it comes to option trade, I made $10,000 under two weeks i let him manage my account. He is really a life Saver.
He often interacts via telegrams.
@Ramakrishna ]👈
I see the Bots are out to play 😂😂😂😂
To be honest, investing is a smart way of securing your family future, grow wealth and beat inflation. Am really happy for you.
Great video. It soon becomes habit forming. Once compounding kicks in things really begin to take off and it starts to feed itself. I eat, sleep and breathe shares. Best thing I ever did.
This Video has been so factual and helpful. I set up a S&S ISA with AJ BELL almost immediately after watching your video. This is something I have always wanted to do but had no idea where to start as a 22 year old who has worked full time since I turned 16 and has no higher education, it has became immensely important to me to try and build some sort of wealth for the future so this in combination with a very good works pension gives me great confidence for the future. Thanks again!
How’s your portfolio doing today?
Investing prospects of a minimal sum of money can be both exhilarating and baseless. With the right approach, there’s a potential for significant wealth growth, Judging by this i'm still in search for suggestions as to a way to improve my retirement portfolio of $580k
Every strategy carries its own set of pros and cons and picking the right one depends on your specific financial goals, but in order to execute such effective decisions, you must be a professional.
Correct. Despite having no prior investing knowledge, I started investing before the pandemic and pulled in a profit of approximately $950k that following year. In reality, all I was doing was getting professional advice
@@LionTowercoporation I have been considering going the same route, could you share more info please on the advisor that guides you.
Do your due diligence and opt for one that has tactics to help your portfolio continue consistent and steady growth. "Colleen Janie Towe" is accountable for the success of my portfolio, and I believe she has the qualifications and expertise to accomplish your objectives.
I will look her up online and do my due diligence. If She seem proficient. I will write her an email outlining my financial objectives and scheduled a phone call.
Great content mate 👍
Currently investing £100 per week in an S&S ISA, reinvesting the dividends back into that. Wish I new about this 15 years ago
Fantastic well done! 😊 I wish I knew earlier too!
Out of interest, how much profit are you 1 year later?
what platform you are using?
@@simirock Vanquis
@@Crayton9172 looking at the stock market I've actually lost so far, however the best time to buy is on the decline so this isn't such a bad thing for a 10-30 year investment
As a self employed person having to start over again, I just found your UA-cam Channel. Thanks for creating these educational videos on how to invest. I will check out your other videos on the channel.
New subscriber here, great channel. I invest heavily into my Roth IRA, 401K and brokerage accounts. I like your channel vibe, it’s one of the few on UA-cam that gives me a insight on investors in the UK. I see your channel gaining more subscribers in the future, keep doing what you are doing.
Thanks 🙏 appreciate it! So nice to hear you’ve found my channel from the US!
Excellent video with great comparisions. Thank you. I am invested in the market, its just interesting to watch your views on certain topics. :) keep going lad
Edit: The only addition that I would add is that its not the stock price thats the price of the company its the market cap thats the true value.. the price of the company is just the number of outstanding shares divided by the market cap. Like Currently with Berkshire Hathaway has shares worth $400k+ but having a market cap of 711B, compared to Microsoft with share price being "only" $307 but market cap of 2.2Trillion.. so MSFT is more expensive to buy but the stock price is significantly lower.
So this just means that Berkshire has fewer shares outstanding
Online trading is one of the most reliable online global wealth creation, Highly profitable and safe when you work with the right guide. Thanks Mr Ramakrishna for being my guide to wealth.
I wish I had started self-investing earlier but the problem was nobody ever taught me how to do it. Its not something that was taught at school. Not sure if it is now but should be IMO. Some people invest without knowing it i.e. in their pension. Ok so they may not pick the shares themselves but effectively they still own shares.
It definitely needs to be! Shocking it isn't really.
18:04 the general point of what your talking about makes sense but what about the other 40% of the VWRL that isn't USA, surely you would have the other £2000 invested in that 40% and also not £8000 but hypothetical £7000 that is actually just the original £5000 that is invested into the s&p 500. Just a question things like this make me really confused lol
Hey Jay, I think the main point was just to be aware that you can increase your exposure ins something you've already invested in without realising
Hi, I’m going to be opening a stocks and shares LISA, do I invest into a index fund every month with my monthly payments that I pay into the account? Thanks
Mr Ramakrishna is really a genius, I trust him alone. Helped my family a whole lot and brought me out from a very harsh financial condition. Mr Ramakrishna is the Best.
His mostly on Telegrams..
He often interacts via telegrams.
@Ramakrishna ]👈
Tell him I referred you.
For me it's index funds rather than individual companies.
I think I just don't want the stress of worrying about an individual company making stupid choices, or accidentally buying an over valued company.
I mostly do the FTSEs and started when the pandemic hit so not done too bad.
S&P would have been better, but I suspect the horse has bolted on that one.
Now it's just a long term view and I'll ride the dips.
Good to hear! I'm a bit fan of Index funds and may consider switching my whole portfolio to them shortly! At least my main one. Considering my options for the new tax year. Which are your favourite funds?
@@chrispalmer24 using Vanguard I mainly invest is FTSE100 ETF UCITS, as well as the 250 UCITS.
Any spare cash in there I just throw at random stuff like emerging markets and S&P, but the bulk is still on the FTSe100.
Hi, do we know if now is a good time to buy indexes considering the current economical downturn? Are we getting cheaper indexes based on this so effectively getting more than during an upturn? Thanks
Love your channel and very calm method of explaining things. Even tho I am an investor in vanguard myself I still really enjoyed this video. Smashing it :)
Thanks Nathan! Not a bad choice at all 🙂
Great video, really enjoyed it but one question. If inflation goes up on average 2% a year how does the VWRL beat that when it pays a dividend or 1.41%? Does it pay that every quarter and therefore does beat it...something like that?
Excellent video! You packed so much in and explained things so well. That blackboard thing you used near the end is cool btw!
11:00 what do you mean about losing your allowance?
I've been mulling this over for a year! 2023 will be an investing year. Going with Vanguard UK.
Thanks for this video. What is the average yearly interest rate of an s&p 500 index fund account?
10% before inflation which is just crazy
Very good and helpful video - thank you. Would be interested to know your take on the Vanguard LifeStrategies Index funds.
Great suggestion! Thanks :)
Hi guys,
I need a second opinion on a couple of funds. I’ve always been a vanguard guy for long term ETF’s, however I’m starting another portfolio, other than my main one, as transferring an old ISA. I’ve been looking at Invesco ETF’s as opposed to Vanguards. Such as the S&P 500 and the equivalent world funds. The invesco offerings appear to have slightly lower charges, and also significantly better performance over the same 5 year period. I’m talking about MXWS vs VWRP mainly. Any thoughts? Thanks! :)
I get really confused with tax if I was to invest say 20000 today then take 18000 out in Sep this year how do I declare tax or is it done when you withdraw or if I dont take any out for 5 years say then what happens do I pay tax only once I withdraw and on a side point you say use Freetrade what happens to your money if they were to cease trading and company didnt exist
Hey Tim, Depends on the type of account with an ISA you don't need to do anything as there's no tax liability, it's all tax free. In terms of safety it's covered by the FSCS up to £85k (cash) investments are held separately so are safe.
Am glad I stumbled on your channel. I have been looking for a way to start investing my little change and am happy to learn from your page.
Can you transfer an stocks and shares ISA to a different provider. I've got one that hasn't performed that well ?.
Yep you can every year. I’ll be moving again this year I think
This is the index fund I invest in. I went for the accumulation though 😬. I want to get a few individual shares to. I was lucky to get some Walmart shares through work at a discounted price a few years ago to
Great choice Ryan! It doesn’t make too much difference - you’d an just add to your investment when you want. You can also own both if you like 👍
That's a good shout. I do have more money that I would like to invest, I have just been a bit too indecisive. This will be a good compromise. Thanks for another great video
Hi i couldn’t find the accumulation one in uk that only available in the us and also what do u think about vg global all cap index fund
Hey Chris what’s the difference between the VWRL & VUAG. Why would choose cone over the other.
Hi Troy, sorry for the delay! VWRL is the entire world (about 50% USA - then rest of the world) and VUAG is just the S&P500 so it's just 100% USA. Neither are bad options! VWRL just gives you some more diversification.
The Best video by far on this topic...Thank you so much
Sorry Chris, can you just clarify, in making the purchase that you demonstrate, investing in that index fund, is it a one off purchase/payment, or would I be actually agreeing to keep paying the same amount recurring every month?
Hey bud. You can buy one off but I’d advise splitting your money and buying once per month so you average on and split risk. If you buy now for example and it’s down for 12 months before it’s back up if you keep buying every month they’ll make great returns as it comes back etc
Good advice. I'd prefer L&G International Index rather than the Vanguard one. Lower fees and identical performance.
Interesting Andy, thanks for sharing! I'm considering looking at a few alternatives. I like VEVE - that's my main global one. Be interesting to compare a few!
Excellent channel Chris ! Thank you !
😅Great video Chris I think this will help a lot of people. I use the Vanguard platform but have also selected the index you mention. Thank for the information.
Discovered you through this video - great presentation, editing and information- thanks Chris!
Thanks Josh!
So beautifully explained Chris... Thanks a lot my friend
Glad you liked it!
I'm new to this investing. I've been looking at where to grow my house deposit looking to buy in the next 3 yesrs. Im looking at VG LS 100% Equity but you're taking about VG VWRL. What is the difference between them? And why?
Hi, what would you say is the best thing I can do with a redundancy package? I'm going to open an ISA but that's only a fraction of the sum so how do I use the remaining figure in such a way that it's accessable AND protected against being taxed over and over again? Great videos! Thanks!
Thanks! I would look in to whether you can tax relief on your pension. The other option is a general investment account. You could receive 12.3k capital gains tax and 2k dividend tax allowance each year so essentially you can make 14.3k a year tax fee that way too. Super low risk is something like premium bonds too
@@chrispalmer24 thanks for the videos and quick response. I'm glad I've found your channel and will certainly be watching more or your content. Much appreciated!
@@chrispalmer24 just a thought, would it be wise to say put 20 k into an ISA on this side of the fiscal year and then another 20 post April and for say my wife to so the same? That way 80k is taken care of?
This is a great helpful video Chris. Thanks so much for making these. You are influencing my way of thinking. What is the yearly return roughly on a Freetrade stocks and shares ISA?? I was going to move my Link Financial account over to Vanguard back in July but they weren’t able to take me. There was a confusing delay in the transfer process. Would you pick Freetrade over Vanguard any day??
No problem at all! Glad to year. Freetrade is just a platform so it'll be what you buy within there that determines your return. Your best bet if starting out would be the fund mentioned in this video, and then buy a couple companies you like for fun.
I'm in a group with a lot of people with over £1million invested and they literally only have this fund lol, pretty nuts.
I prefer Freetrade as mentioned just so you can buy other companies if you want to. Vanguards fine but will get more expensive as you grow your cash and limit you.
@@chrispalmer24 I roughly have around £23k in my current Stocks & Shares ISA. What would you buy if you had that amount of money?? Would it be a good idea to put it all into the Vanguard fund you mentioned? Or put in half the amount and the rest into something else? I didn’t realise you could buy Vanguard funds through Freetrade.
Question - if you invest in a Vanguard ETF, you cannot buy individual stocks of companies in that ETF when through another investment platform ?
Hi. Really helpful video thank you. I am more interrested in accumulating index fund. I notice you mention vwrl and vwrp but when looking at Google price chart the performance differs massively. Is this because they're in different currencies? Google has vwrl as gpb and vwrp as eur. Is that correct. Thanks
You recommended a couple of books on a previous video, can’t remember which video or books they were. I’m just starting out and follow you’re great content, could you please point me in the direction of what these books may have been. Thanks
What if I didn't want to choose my own stocks and shares? Could I do a plan and invest with my bank and pay them a fee to make my decisions for me? Will that have the same outcome as an ISA stocks and Shares?
I definitely wouldn't do that Roxy - I'd look at something like VWRL - have a look at my Invest Engine review, I'll have another video coming soon. It's one "stock" basically an ETF which includes over 1,000 companies from across the globe, it's returned 9.9% on average every year, invest regularly, set and forget :)
Best video to know how to start investing!
Glad it was helpful!
👉 Build a £100k Investment Portfolio From £0, As Fast As Possible: www.chrispalmer.co.uk
Great video Chris. Really informative and helpful examples. Thanks mate 👍🏽
Thanks Rav, glad you enjoyed it!
Can someone explain to me when people talk about when u invest lets say $200 monthly, your investment then compounds monthly. To invest monthly is that just buying $200 worth of the index fund every month?
Yup that's it, so you invest regularly and the amount adds up, but it also gains a % - it builds up quite nicely, have a play with this, super nice - www.thecalculatorsite.com/finance/calculators/compoundinterestcalculator.php
@@chrispalmer24 thanks so basically I need to keep purchasing the index every month?
Also how do you know if it will compound monthly. Let's say I bought snp500 and bought $200 worth a month. Does it compound monthly coz I bought monthly?
@4:24 Potentially misleading?
£10,000 + £2,400 per year * 1.05 per year for 10 years is around £47,287
BUT you would have invested £34,000
Therefore you'll make 13,287, not 47,287, which is still pretty good.
Does anyone know, If I have a standard cash ISA can I still have a stocks and shares ISA as well?
Yes, as far as I know from regs, you can split your 20k limit across the range of isa accounts e.g. 5k standard, 10k Stocks, 5k lifetime etc etc.
Good morning,
which etf exactly follows the S&P500?
I am not looking to beat the index. Neither am I looking to underperform. Just follow the S&P500. Nothing more. Nothing less 📈
🔗Get access to my buy & sells as well as more frequent portfolio updates (+ support the channel) - www.patreon.com/chrispalmer24 - 50% off until the end of December
Can we have a video on moller maersk?
Where was the vanguard fund you recommended?
Awesome video. I’d like to start investing in ISA & Stock and I want to invest £100 every month, leave and forget it, which stock in Vanguard do I choose, any advice for totally new beginner in investing world?
VWRL or VWRP is a great option - check out my Invest Engine review too :)
Hi Chris, thanks for the video. Could you give me some advice on what the best websites/apps you use to research stocks and shares are? Thanks!
Fidelity and yahoo finance are good I’ll do a full video on this soon all the apps I’m using
Great video Chris. Very informative and easily explained. Thank you!
Thanks for watching Portia :)
@@chrispalmer24 chris can we please have a video on SOFINA a belgian investment company. Gem of a stock
Great video, I've been somewhat torn between the VUSA and VWRL ETFs. Despite being all US, the S&P 500 ETF has been less volatile than the VWRL ETF in the past 5 years. A global index fund does seem attractive though with markets such as China and India having great potential in the future given the right conditions.
If possible, I'd recommend both. I've gone with the Vanguard Life Strategy and the VUSA, one's pretty much a safer bet, and the other, whilst riskier, can see higher returns :)
@@mAcroFaze Late to the reply party here but my experience so far has been that the main think to have avoided in recent times is bonds! Sadly my pension poerfolio followed the traditional mould and so I have lost a lot since COVID hit :(.
VUSA is volatile but a good performer in the longer run, FTSE Global All Cap Index Fund Accumulation performs a bit slower but is also more stable and the Vanguard LS100 has done fine ... whereas the LS60 has been a dumpster fire thanks to that high bond portion.
Is there any hope to start investing at age 45 at all.?
Really interesting. Did I understand correctly? If you buy from Vanguard then you can’t open a GIA somewhere else to buy individual companies?
I’ve clicked the link and joined the list for the free share up to £200 and nothing has come through can you please explain.
Hey Woody! You definitely should get one from Freetrade it may not be instant. Has to comes through yet?
@@chrispalmer24 nothing as of yet Chris unfortunately I’ll have another look tomorrow.
Let's be honest here, there's never just ONE Vanguard Fund you should invest in, diversification, even if it's amongst index funds and ETFs are key :P
Defo more than 1! Most of the people I’ve chatted to around the million mark seem to pretty much just go for VWRL and nothing else, I’d like to have more than just that for sure
The video we've all been waiting for. Thanks, Chris!
Thanks Leon, really appreciate it - this one took so much work
Hi Chris,
I currently have a cash LISA would you advise switching to a stocks and shares LISA?
Any tips in switching and where best?
The aim is to get a house within the next 3 years.
Hey S K! Completely depends on your level of risk. I probably would but I’m quite risky sometimes lol. Id rather not miss out. But you could essentially do cash idea and just the free bonus :)
Love the content. Where did you find information that if you have a £1mil stocks and shares ISA that you can avoid tax and have £50k a year for retirement? I've never heard this before? Would love to learn more about this
Thanks
Hey Andrei - essentially I'd aim to make 5% return on £1mill within an ISA (if I ever got there) - so it'd be £50k profit a year you could take tax free :)
if someone cant work due to health what can they open and buy into whatever they want to invest in and what is that invest engine is that a new one
1613 should buy with the amount in cash or number of shares whitch one is best?
No dollar cost average?
Thoughts on Ftse global all cap vs Ftse All world ?
Hi great video, could please you explain a bit about the liquidity of ETFs when it comes to sell? Thanks
What do you mean when you say you lose your allowance if you take money out? Does that mean if I for example invested £5000 in FTSE 100 and then cashed out and actually withdrew that money from freetrade into my current account, i wouldn't be able to put any money at all back into freetrade until the start of the next tax year?
Hey Adam. So whatever you put in to the ISA if you take it out you lose that allowance for the year. If you put the full 20k in took 5k out you can’t put anything back in. You can sell shares within your account though
What is the amount your recommend to invest into VWRL as a first trial?
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This is actually brilliant thank you! Have you got a link for the free-trade thing I can't find it!!
Sure - it's magic.freetrade.io/join/christopher/ebaceb61
Can you not buy part shares on freetrade?
Thanks Chris, really appreciate the video and your informative content. The recent self-education and deep dive in this area, that was previously foreign to me, has got me over the apparent barrier of entry we create through fear or lack of knowledge. Glad to be discovering this now at the age of 31 -it all started after reading 'rich dad poor dad' two years ago and will continue maxing out my stocks and shares ISA yearly in a disciplined yet worthy pursuit of 'money working for you rather than you working for money'.
What app do you use to invest in index
I don't understand what you are talking about at 3:10
I took action after watching this video and I’ve bought 1 share of the FTSE VWRL - hope it brings me luck!!!
So what do I do from here? Just Lee putting money into it monthly?
Great!! If I plan not to exceed my capital gain tax limit yearly, in your option is it still worth opening an isa?
It can be cheaper to not! Check out my latest video on them - you can save quite a bit. It's Free though with someone like Invest Engine :)
Not many people mention the importance of having a LISA and maxing out the contributions first and then prioritising your S&S ISA second. I think this is a really important point given the guaranteed 25% from the LISA and the fact that most of us are investing for the super long-term anyway. Great video.
But you then get almost no interest going forward. A stocks and shares isa at even 5% a year will be more beneficial within 5 years, then exponentially going forward. You also aren't limited when you can take money out if need be. Anyone who thinks a LISA is a better long term investment than a stocks and shares ISA needs to re evaluate their ideas
@@james2614mc unless you want to buy a home in the short term. Guaranteed 25% increase per year is clearly best if you want to buy a home in the next 5 years or so
@@james2614mc moneybox gives you 2.8% interest guaranted plus your £1000 bonus when you Max out at £4k. Its not terrible.
You can get a Lifetime Stocks and Shares ISA @@james2614mc
Hi there Chris I have wanted to do something like this for years I have retired and had a private pension I had a Isa that was making a little money but for years I realized that you won't make money from the bank but I just want to make a bit of money because it is just dwindling away because the grand kids think I am a bank and they are borrowing a lot of my money promise to pay me back it's awful these days because no one will lend you money so I was always looking for something that would make a bit of a income I just want to make a few 100,or 1000 but I have always been put off in case I lose it but I might try this app on your offer and I will see how it goes I'll still watch your video to try and learn a bit more
Hi Clifford, Sounds good - Check out my Invest Engine video as that's the one I recommend most now. Just investing slowly each month in to an all world fund on there is what I'd recommend
Morning Chris, great video thanks for sharing.
If I were choosing the VWRLP to reinvest my dividends, looking to do this over 15-20 years as oppose to doubling my mortgage payment, do the reinvested dividends accumulate on my monthly deposits? For example, if I were buying £250 every month of VWRLP, if any dividends were gained they’d accumulate on top of the £250 each month?
Fantastic video, thanks!
Thanks so much. I've been doing so much research into investing these last few weeks and this video has just confirmed all my findings (with a few extra bits too). :)
your videos are pretty good man, you definetly deserve a lot more subscribers. I'm trying to get into investing, learning about it, what to do and how to do it. And I've watched some of your videos and they helped.
Really appreciate it thanks for saying! Makes it all worthwhile 😌
I've watched almost all your videos, because I want to make extra money to invest. Can you please do a full video tutorial on matched betting for complete beginners?
Thanks Karen, appreciate it! I planned to start recording one matched betting for a week - sadly this one took a ridiculous amount of time 😂 I’ll start making that one next week will likely be published the week after as I’ll have to do it for a week first. I think that’ll be good because it’ll show me actually doing it
ETFs are less volatile with much less downturns then stocks and over 5 years beats most stocks. I have 2 ETFs and handful of stocks like aaple, msft, Google.
I'm looking to start investing around £75 PCM (all I can afford atm whilst still contributing to my easy access savings and saving for wedding etc) and am wondering if it'd be better to invest the whole lot in the FTSE all world or if there's another ETF I could also be contributing to alongside this. Any ideas on this? :) I'd be happy to split between a few funds if this'd be beneficial. I've seen you mention VEVE and not sure if this'd be a better choice?
Are you able to open all the accounts in the same year or not?
Hey Josh. You can but only one ISA per year. You can do lifetime isa and stocks and shares in same year
Hey Chris, I watched your video for beginners, I really enjoyed it. I opened an account with Free trade for a stocks and shares ISA. I didn't understand how to inform DWP. If you could explain it to me again with the website address, that would be great. A massive thank you and keep up the good work.
The VWRP doesn't have a dividend?
Hey Amy, yeah that’s right. Because it’s accumulation all the companies that pay dividends within there are just automatically put back in to the fund so it’s included in the price 😌
@@chrispalmer24 ahh thank you, I'm a total newbie so really appreciate it! :)
@@amyk9813 no problem! Happy to help :) I actually go for VWRL which pays you out the dividends (no tax implications if within an ISA) then I use that money to buy more on days where it looks down etc
Video was really good, balanced and informative until right at the end where you advised beginners to try the market by buying manually at the bottom....
For beginners who don't know or have the time to keep up with business news, best advice is to set up a direct debit monthly and leave it alone.
Retired with a 7 figure portfolio and Receiving about $43k in dividends. I have been in the Stock market about 20 years. Am I worried? Am I selling? Absolutely not. I have purchased growth stocks too a little at a time over the past few weeks. I am going to sit back and observe how this all plays out, adding more at a time. my investment strategy with my FA actually calms me down. Eye on the prize, stay the course!
Financial management is a crucial topic that most tend to shy away from, and ends up haunting them in the near future. can you link me with your FA
that's quite impressive, you've surely made a good bit of money
sure! she goes by Rita Wildrin Mora, you can search her up to connect with her
What's your view on buying individual dividend stocks if you are close to retirement?
Not a bad option at all. I think actually just keeping your money in them and collecting dividends is a really nice strategy. I’m going to be added some more nice dividend payers to my portfolio
@@chrispalmer24 Thanks, Chris. Appreciate the answer.
I was thinking about switching to freetrade but when I've checked their stocklist a lot of them are coming up for plus account only. Sad times
Yeah that’s a big downside. Really I’d say it’s £9.99 per month if you want a full variety. There’s still quite a lot for free though, if you keep cash on account it’s technically free with the interest plus gives you
Hi Chris,
I have downloaded freetrade app just now. I am 64. Lived on my saving for last 5 years and do not want to claim from government. To late to invest in pension. So just looking for bit of extra to survive next 3 years 🤔
Hey Rita 👋 if the goal is some extra cash I’d think about a good savings account I’m not sure what your current gives but Chase has 1.5% which is something I’d keep an eye out because more may be coming too. The ideal would be to work on a little side hustle in some way to make some extra money. Do you have any particular skills you could use? I always recommend matched betting
What do you think of this combo
VWRL and U.S equity index Vs lifestrategy 80 ?
My thinking is although I like LS 80 for diversity and bonds for safety it's UK weighted whereas if I get the other two mentioned I will be diverse and weighted towards USA with emerging markets too
I've just opened an account with Vanguard - is it possible to transfer to free-trade? Sounds more appealing.
Why is my NI number needed to sign up?
Which platforms that? Most with require if they comply with government guidelines - it’s pretty much so the government knows your tax details lol
Hey Chris, Great video and i have "liked and subscribed" I have a spare £2500 and £150 per month. should i put this all on s&p500 or split it over a few different ones. thanks
sorry i finished the video an you answered the question !!
No worries! Let me know if you have any other questions :)
Thanks chris, long lesson, good one!
Let's say that you invest in your pension and you put as much as you can but you want to reitre at the age of 40.. You'll have to pay 25% on the amount that you have been saving for lets say 20 years (If you started when you 20).
So now you basically loosing the extra money your employing was matching and maybe even loosing money value. Is it actually worthy?
be carefull with vanguard spammers. you will not be able to cash your own money, you will never see your full ammount, if invested in vanguard