8 Years Of Investing Knowledge In 15 Minutes!

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Mitch Shoesmith

Mitch Shoesmith

Күн бұрын

Пікірлер: 280
@MitchShoesmith
@MitchShoesmith 2 ай бұрын
Happy Sunday guys. I hope this video helps anyone who's on their own investing journey, here is a little bit more of an insight into mine! If you want to grab one FREE share valued up to £100, open an account with Trading 212 by clicking here: www.trading212.com/join/MITCH (Capital at risk, T&C's apply).
@Raniyanhunter
@Raniyanhunter 2 ай бұрын
Purchasing a stock may seem straightforward, but selecting the correct stock without a proven strategy can be exceedingly challenging. I've been working on expanding my $210K portfolio for a while, and my primary obstacle is the lack of clear entry and exit strategies. Any advice on this matter would be greatly appreciated.
@shawnray-v3e
@shawnray-v3e 2 ай бұрын
The strategies are quite rigorous for the regular-Joe. As a matter of fact, they are mostly successfully carried out by pros who have had a great deal of skillset/knowledge to pull such trades off
@Mlanderos-t9e
@Mlanderos-t9e 2 ай бұрын
I agree. Based on my personal experience working with an investment advisor, I currently have $385k in a well-diversified portfolio that has seen exponential growth. It's not just about having money to invest in stocks; you also need to be knowledgeable, persistent, and have the strength to hold on during market fluctuations
@teresafields41
@teresafields41 2 ай бұрын
How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the drivin;g force behind your success?.
@Mlanderos-t9e
@Mlanderos-t9e 2 ай бұрын
My CFA, Judith B. Richards, is a renowned figure in her field. I recommend researching her name online; you’ll find all her credentials and everything you need to work with a reliable professional. With many years of experience, she is a valuable resource for anyone looking to navigate the financial market.
@shawnray-v3e
@shawnray-v3e 2 ай бұрын
Thanks, I just googled her full name and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a call.
@JoeLoftus-x4g
@JoeLoftus-x4g 2 ай бұрын
You can’t beat the classic, be greedy when others are fearful and fearful when others are greedy! 📚
@vedransk5451
@vedransk5451 2 ай бұрын
Time in the market always beats timing the market. And when in doubt zoom out! 📚
@user-mw2oe6xc7u
@user-mw2oe6xc7u 2 ай бұрын
I’m 55 and have been investing for 5 years , I wish I would have had advice when I was young, I encourage any young people at work to at least consider it , great videos keep them coming 👍🏻
@mattjohnson9469
@mattjohnson9469 2 ай бұрын
I also started late, but fortunate to have some good work place pensions. I've been paying into my sons pension scheme for about 5 years. Just £20 per month but knowing if he at least matches this when he is of working age he will have a fantastic start and hopefully instill good habits!
@MitchShoesmith
@MitchShoesmith 2 ай бұрын
@@user-mw2oe6xc7u thanks so much!
@notwkrail
@notwkrail 2 ай бұрын
I've been investing into buttfair 4 years talk about talking buttfair
@notwkrail
@notwkrail 2 ай бұрын
A dinkey @ Whimperton Moonday Shy Tall Knight trained by 3 pound 66 p an hour ownde by the Washingline syndicate. Put ur shirt on it
@winstonsmith3690
@winstonsmith3690 2 ай бұрын
My tip would be regularly check your investments, the opposite of what most say. Then you can keep an eye on any dips and buy more!
@hishamyafi9981
@hishamyafi9981 2 ай бұрын
Keep your portfolio diversified and invest the majority of your money (around 90%+) in profitable and proven companies 📚 Great and informative video! Keep it up
@MitchShoesmith
@MitchShoesmith 2 ай бұрын
@@hishamyafi9981 love that - consider yourself the first competition entrant 🙂
@princedesouza69
@princedesouza69 2 ай бұрын
​@MitchShoesmith hey mitch just wondering what you're thoughts on the up coming elections that are gonna happen. I was thinking of selling on my shares now and then making an entry on them right before the new president is announced. What you reckon about that?
@SimonMerrick
@SimonMerrick 2 ай бұрын
Value your content Mitch. Only just started my investment journey, but I’ve learned a lot from your videos! My tip is, you need to speculate to accumulate 😊
@armunro
@armunro 2 ай бұрын
Doing well out of Palantir and also Rolls Royce but generally I don't buy stocks any more and tend to buy accumulating ETF market trackers when they dip. But as you say its worth have a couple of hobby horses to keep the interest and in the hope they will shine, but for me it would be much less than 5%. Great to hear your story; I was also from a poor one parent family and also followed a similar work hard when you are young and make a better life for yourself pattern as you. Now I am almost 60 on the cusp of retiring and currently sitting in my second home in Thailand.
@Harnishchappy
@Harnishchappy 2 ай бұрын
I know it’s not financial advice and taken with a pinch of salt, but do you think now is a good time to invest in palantir?
@azieltobias
@azieltobias 2 ай бұрын
As an investment enthusiast, I often wonder how top level investors are able to become millionaires off investing. I do have a significant amount of capital that is required to start up but I have no idea what strategies and direction I need to approach to help me make over $400k like some people are this season.
@louie-rose7
@louie-rose7 2 ай бұрын
I believe the safest approach is to diversify investments especially under professional; guide. You can mitigate the effects of a market meltdown by diversifying their investments across different asset classes such as stocks, etfs etc It is important to seek the advice of an expert.
@mellon-wrigley3
@mellon-wrigley3 2 ай бұрын
Review your portfolio with a professional and don't make the same mistakes again. Diversify, as in your stock portfolio, and hopefully consult a professional. The key to building wealth is long term. I learned 30 years ago that you have to keep emotions (rookie) out of your investment decisions at all cost. Now, i've made over 800k in profits from my 350k investment.
@BaileyHoward101
@BaileyHoward101 2 ай бұрын
@@mellon-wrigley3 That does make a lot of sense, unlike us, you seem to have the Market figured out. Who is this consultant?
@mellon-wrigley3
@mellon-wrigley3 2 ай бұрын
"Izella Annette Anderson" is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment
@Gallo-firestone
@Gallo-firestone 2 ай бұрын
Insightful... I was curious about her, so I looked her up online. I discovered her website, and I must say that she seems knowledgeable. I sent her an email outlining my goals. I appreciate you sharing.
@beresd
@beresd 2 ай бұрын
Every time you get a pay rise. Put half the increase you get per month into your investing pot. That will help avoid lifestyle creep, you enjoy a bit of extra money AND increase your fund.
@bmInvestments01
@bmInvestments01 2 ай бұрын
Compound interest is the 8th wonder of the world, he who understands it earns it, he who doesn’t, pays it - Albert Einstein 📚
@ayndsh
@ayndsh 17 күн бұрын
I’m 34, have £200,000 in savings, and want to invest for safe growth over the next 5 years to buy a home. What should I invest in?
@ZoeyBoni
@ZoeyBoni 17 күн бұрын
In today’s volatile market, diversify your assets with safe investments like HYSA, REITs, index funds, growth ETFs, and bonds. However, Before making any investment decisions, consider consulting with a financial advisor to tailor a plan to your specific needs and risk tolerance.
@BrandiLove-m8q
@BrandiLove-m8q 17 күн бұрын
Financial advisors can be expensive, but they’re crucial for success in the financial market, especially if you’re on a deadline. I was laid off during the 2022 tech cuts, but I used my savings to invest in the stock market with the help of a financial advisor. After doing some research, I managed to grow my portfolio to over a million dollars in just two years, thanks to my high risk tolerance.
@PhilipBeck-h8l
@PhilipBeck-h8l 17 күн бұрын
I’m glad I found this conversation. My risk tolerance is high, and I want to take advantage of the upcoming market run. Can you direct me to your advisor?
@BrandiLove-m8q
@BrandiLove-m8q 17 күн бұрын
Melissa Elise Robinson is the licensed advisor I use and im just putting this out here because you asked. You can Just search the name. You’d find necessary details to work with to set up an appointment.
@PhilipBeck-h8l
@PhilipBeck-h8l 17 күн бұрын
Thanks for sharing. I curiously searched for her full name and her website popped up immediately. I looked through her credentials and did my due diligence before contacting her.
@Kingfishercon123
@Kingfishercon123 2 ай бұрын
📚 investing tip: always test the water before diving in, it’s never to late to start investing. I’m 54 and only been invested for an over a year, “thankfully,you can learn an old dog new tricks” gray videos Mitch .📚📚
@sdsparkes
@sdsparkes 2 ай бұрын
Great channel, I don’t want the book but my investing tip would be start investing now doesn’t matter how old you are. I’m nearly 60 and started 3 years ago, I started by only investing £10 a month for about the first year and every now and then I’d invest a larger amount. My investment is only 3k but I’ve learnt so much about investing, saving, pensions and spending its definitely worth it. I’m now £300 up and loving the journey so don’t worry about all these people with big investments if you don’t have much spare cash just invest what you can and enjoy the journey you’ll learn loads about personal finance. I should all say I spent a lot of time on the green and red roller coaster I think it takes time to keep in the green but I’m in the green now with 3 years under my belt. It’s a little hobby of mine now and as I say I’ve learned loads.
@CHUNGHO3
@CHUNGHO3 2 ай бұрын
Invest in S&P 500 ETF in a stocks & shares ISA for as long as possible. Do it as often as you can. Try not to withdraw this money and let compounding do its work. For individual stock, do your research and use a small amount of funds. Great video. Thanks.📚
@laisvarotto2799
@laisvarotto2799 2 ай бұрын
Love it! Consistency is what always worked best for me and trying not to act out of emotion, taking some time to analyse and get to know the company I am investing in 📚
@rennyollerenshaw7194
@rennyollerenshaw7194 2 ай бұрын
short but effective - consistency is key 📚
@Jay-yd3do
@Jay-yd3do 2 ай бұрын
Another great video Mitch. My investing tip: Pay yourself first!! Stick to a consistent plan & every month after paying your needs, invest a % BEFORE spending on your wants. 📚
@hajnalkanandori2704
@hajnalkanandori2704 2 ай бұрын
My old time favourite is Bob Proctor. I learnt a lot from him so from you Mich. Thank you. 📕
@essexanglosaxon3949
@essexanglosaxon3949 2 ай бұрын
well done young man. love yor first cars number plate, WHIU. excellent videos thanks
@craigh310
@craigh310 2 ай бұрын
Only been investing since the 17th September, so not even a month yet and I have had a few learning mistakes but still in the green overall. Looking at 350 to 400 a month as one of the first things I heard when looking into investing, tip: time in the market and not timing the market. Watching you, and a couple others on KZbin has helped me find and feel comfortable with a few stocks that I now hold.📖📚
@jackdunkerley6606
@jackdunkerley6606 2 ай бұрын
Love it Mitch , my tip is simple lol. If investing in index funds just set and forget , be almost emotionless about it 📚
@MitchShoesmith
@MitchShoesmith 2 ай бұрын
10/10 investing mentality that is! 🧠
@sunilstoptracksrafilegend102
@sunilstoptracksrafilegend102 2 ай бұрын
In my opinion, You give the best advice on KZbin in the U.K. my Tip start investing young and stay for the long haul, eg 20 to 30 years, make sure you invest in ISA stocks and Shares so it not taxable. Use the maximum allowance of 20k each year.
@chriskarayiannis3
@chriskarayiannis3 2 ай бұрын
Investing tip: Sometimes you just have to take the risk, so that you can enjoy the reward 📚
@Thai.Farang
@Thai.Farang 2 ай бұрын
That's not just true for investing. That applies in life generally
@Know3ody
@Know3ody 2 ай бұрын
Been following you a while now and your portfolio hasn't changed in a long time. Posting videos with the same amount stuck in the account tells me that you've got in the market at the right time and have nvidia shares that you aren't selling.
@houllier1964
@houllier1964 2 ай бұрын
Great job as always. I am 60 and wish I had found the investing bug years ago but... you are never too late. On the plus side I have a lot of capital to invest !
@clivevos9926
@clivevos9926 2 ай бұрын
Interesting video. Keep up the good work. My tip: try to ignore the news and dont check your portfolio too often. This was you can avoid psyching yourself out and allow automated dollar averaging to do it's work for you. 📚
@arunramanbe
@arunramanbe 2 ай бұрын
Tip: Before delving into any investments, understand your risk profile and do a goal setting exercise. Diversify your assets, have alternate source of income and get to know the tax laws of the country where you're a tax resident.
@MitchShoesmith
@MitchShoesmith 2 ай бұрын
Hey! Congrats, you are one of the winners of the book from the video 🙂- please could you email me a mailing address I could get the book sent out too. My email is: mitchshoesmithyt@gmail.com. Thanks for entering and watching the video!
@stephenrange7925
@stephenrange7925 2 ай бұрын
Thanks for your investing advice. You actually gave me the confidence to invest after years of thinking this was not possible due to my income size. Investing tip: invest based on the money you can afford to lock away and not worry about. Never invest more than you can afford to loose. Make sure portfolio is stacked more in favour towards continually performing companies but have around 10% on companies where you speculate so 90% is more secure than the other 10%. I also sell old items I have on eBay to generate funds to invest in the stock market which means I’m turning old junk from around the house into liquid assets for the future. This can be done by anyone even if invest 5 pound a month, start at the bottom and over the years watch your portfolio grow. 📚
@stevebourne6310
@stevebourne6310 2 ай бұрын
Great video. Investing sounds complex but a good diversified index fund, dollar cost averaging investments and time give a high probability of success. I also love compounding and how the rule of 72 demonstrates how powerful it is
@guyhows92
@guyhows92 2 ай бұрын
i would love the book please 📚 ps. invest in micro strategy
@kw8757
@kw8757 2 ай бұрын
"Stop looking for the needle in the haystack...just buy the whole haystack...and never sell it". 📚
@emmascot6111
@emmascot6111 2 ай бұрын
Really like this type of video. I signed up and received free stocks through your link. Wanted to get ahead with PLTR but have never invested before despite years of research. Yesterday, i took the plunge and am so glad I did. Thanks for your motivating content. 📚
@SmallEyeSpecimenHunter
@SmallEyeSpecimenHunter 2 ай бұрын
Time in the market is better than time out of the market. 📚
@Nyxio_
@Nyxio_ 2 ай бұрын
Investing tip: I have no idea, I came to learn from you xD I am confident in picking up things quickly though :) 📚📚📚
@neiladkins6726
@neiladkins6726 2 ай бұрын
My investing tip, is create a side hustle to keep your funds topped up. Pick something you are good at or indeed like. Mine is investing in retiring Lego Star Wars sets. I have 2 wardrobes full now and there is even a lego site dedicated to this and according to them my investment of £900 is currently worth £1100 with a potential to realise a profit in a few years of between £2500-£3500. No brainer really : ) 📚📚📚 book me now!!!! Hulk WANT!!!!
@george16744
@george16744 2 ай бұрын
Investing tip: Get rich quick = stay poor forever. Slow and steady always wins the race and with the power of compounding, before you know it, your returns will be fast and exponential. 📚
@JohnFord-c5l
@JohnFord-c5l 2 ай бұрын
If you start at 18😢
@skedtm
@skedtm 2 ай бұрын
Compounding doesn't exist in the stock market. Only growth and dividends
@basilthedog2043
@basilthedog2043 2 ай бұрын
Great video, Mitch! I think regularly investing monthly is a great thing. Also if you can spend it, invest it. A little motto I try to live buy that applies to non- essential purchase like coffees, clothes etc 📚
@stEVEN_SMARTER
@stEVEN_SMARTER 2 ай бұрын
Great video Mitch, keep up the great work
@MitchShoesmith
@MitchShoesmith 2 ай бұрын
@@stEVEN_SMARTER thanks so much!
@mastermaedre2420
@mastermaedre2420 2 ай бұрын
Building healthy habits is the foundation to building wealth, all those seemingly small expenses are fine in isolation but can really add up 📚
@Smokingmonkay
@Smokingmonkay 2 ай бұрын
I just started investing, I'm glad I found your channel 🎉
@MitchShoesmith
@MitchShoesmith 2 ай бұрын
Amazing to hear!
@waveyswanswann8107
@waveyswanswann8107 2 ай бұрын
The sacrifice of consumption today in the hope of a greater consumption in the future! one of my favourite quotes
@GoharShah-et4lu
@GoharShah-et4lu 2 ай бұрын
Keep up the good work Mitch 😊
@FreaksSpeaks
@FreaksSpeaks 2 ай бұрын
Owned tatooed chef twice , but got out in time and made a small profit. Pltr is the biggest holding in portfoli.
@Reaper7963
@Reaper7963 2 ай бұрын
Another great video, Mitch! I had no idea you grew up in a working-class, single-parent household. That makes your success even more inspiring!
@MitchShoesmith
@MitchShoesmith 2 ай бұрын
Thanks man, appreciate that! 🙂
@connor5887
@connor5887 2 ай бұрын
I would like that book you mentioned. 📖 my investment tip is to start young, such as in your 20s, and invest for the long term like 7+ years
@SteveDurr
@SteveDurr 2 ай бұрын
I've just turned 50 and have grown my savings over the last 10 years and have a good pot. I started working for myself 12 years ago and don't intend on retiring traditionally but I'm really interested in getting an investment strategy set up. I've watched a few videos of yours and signed up to 212. The biggest tip for investors and investing is plan for the long term. 📚
@01mememememe
@01mememememe 2 ай бұрын
thanks as always, fascinating stuff
@mattharris7257
@mattharris7257 2 ай бұрын
investing tip: Be consistent - whatever timeframe suits you (every week or every month) set up an automated investment no matter if stock market is up or down.
@netwarecracks7780
@netwarecracks7780 2 ай бұрын
Great Video Mitch as always :Investing tip : Always DCA into S&P500 and hold your postion to get your average down it will pay off 📚
@NornIronno1
@NornIronno1 2 ай бұрын
Investing tip: Have a plan for each of your positions (entry price, duration and exit price). 📚
@amadidan3704
@amadidan3704 Ай бұрын
Hi Mitch, please can I get a copy of the book ? Many thanks
@LaronaTsae
@LaronaTsae 2 ай бұрын
Great video…. Investing tips 📚📚
@sufghangametheory99
@sufghangametheory99 23 күн бұрын
I started significantly late at 41 however important thing is consistency. I know some people they started in early 30's but sort of lost interest within couple of years. Minimum Consistent 10 year investing bracket is what is needed to have decent amount of returns.
@lja-c104
@lja-c104 2 ай бұрын
Great video Mitch. I’d say to not look at your account everyday. Makes you want to mess with it more 📚
@0casey963
@0casey963 2 ай бұрын
Briiant video again Mitch, thankyou. Investing tip= buy Palantir.
@dazza21233
@dazza21233 2 ай бұрын
Great video giving out good free advice, would be great to enter for the 📖 competition. Been learning over the last few years. Stay away from hype stocks, learned the hard way 🤦🏻‍♂️
@rebeccaartgallary
@rebeccaartgallary 2 ай бұрын
I started out with investing on my own, but I lost a lot of money. I was able to pull out about $200k after the 2020 crash. I invested the money using an analyst, and in seven months, I raked in almost $673,000
@topper133
@topper133 2 ай бұрын
Great video thanks. 📚
@dazkhan5717
@dazkhan5717 2 ай бұрын
Almost got burnt from Tatto chef, sold just in time, nice video, now 48 years old with with professional NHS job with decent work place pension and and Vangurad SIPP. I wish someone gave me investment advice when I was 18, Started my investment journey in 2020 during pandemic, now holds a 80k portfolio on T212 with ROI 33% beating benchmark S&P is due to the fact I invested heavily in Palantir Technologies, my portfolio exploded. Now wants to diversify other areas - some passive and active. Thanks for sharing your experiences.
@jolol_856
@jolol_856 2 ай бұрын
I’m 17 and looking forward to investing next year. Maybe I could learn a bit before I start investing with the book.📚
@Black-Circle
@Black-Circle 2 ай бұрын
there are audio books by peter lynch on yt. listen to them.
@EngKeen_KEN
@EngKeen_KEN 2 ай бұрын
Hi Mitch, have you considered expanding your content into having podcast/interview/interaction sharing thoughts and investment journey either with someone well known or someone like myself who is no one? Investment is a journey and it is an interesting one especially with the long term mindset
@Guitarmfig
@Guitarmfig 2 ай бұрын
Keep up the awesome work
@MitchShoesmith
@MitchShoesmith 2 ай бұрын
Thanks!
@BENXGAMING
@BENXGAMING 2 ай бұрын
Great video! I had TTCF 😢 but also had palantir and paid off for sure 😅
@dominicbrennan2536
@dominicbrennan2536 2 ай бұрын
Thanks Mitch, because of you just started SNP 500 with a lump sum and now doing monthly installments of 250 into ot
@dominicbrennan2536
@dominicbrennan2536 2 ай бұрын
It*
@hh03945-y
@hh03945-y 26 күн бұрын
When choosing what companies to invest in, does anyone in the financial investment game consider the ethics? E.g. maybe Palantir could be a company that could act against your needs, or shell or something, but you invest anyway because you can make good money potentially, and if you don't others will continue to invest in them anyway so why not you? Or are there investment strategies that align with personal values more e.g. that don't finance deforestation of the Amazon rainforest? Does anyone talk about this?
@John._.T
@John._.T 2 ай бұрын
Just starting out and trying to learn as much as I can before I invest. Hence don't really have any investing tips. Although, I suppose, "do your research before committing cold hard cash" would count as a tip? 📚
@Mortivex_Gaming
@Mortivex_Gaming 2 ай бұрын
Great video what does it mean when a stock or a business is on hault though? Like the business is on hault been like this the past month or so also great videos been watching you now around 3-4 months
@OnyekahopeJames
@OnyekahopeJames 14 күн бұрын
Please I need the book as a beginner
@sue-ui8od
@sue-ui8od 2 ай бұрын
New subscriber here. I hope to learn & understand how it works as I have zero knowledge about investment 🤞. x
@andrewstorm8240
@andrewstorm8240 2 ай бұрын
11:52 don’t understand how quitting your job allowed you to grow income l, how much do you put in per month
@pleaseentername.
@pleaseentername. 2 ай бұрын
Keep it simple have a few index trackers . Start early and invest hard until you get to £100k , from here you can relax a little . There’s no point chasing a few extra % when you have £20k, monthly deposits is the priority
@pleaseentername.
@pleaseentername. 2 ай бұрын
Max out your employer pension contributions . If you are under 40 and want to buy your first house open a lifetime isa and your first £4K per annum savings should be put in there for free 25% bonus. Then use remaining £16k allowance of ISA. Always have a few months savings in emergency outside of the stock market in normal bank savings account. Don’t looks at your investment accounts more than once a month . Don’t buy/lease an expensive car until you have reached your financial goals
@dayamansaranasinpatabendig2430
@dayamansaranasinpatabendig2430 3 күн бұрын
HI Mitch, Merry christmas and happy new year to you. I am following up your videos. Can you please guide me how to enter in a pre market in US stock ( S & P 500)?
@jackdeegan2086
@jackdeegan2086 2 ай бұрын
Another great video😁😁 my tip would be to invest every pay day into something you believe in ( i go for the s&p500 ), and over the long term, you will do great 📚📚
@MIKY_1989
@MIKY_1989 2 ай бұрын
why doe sur promo code not work
@nwkmadman2939
@nwkmadman2939 2 ай бұрын
Tip - Dont panic and always look at the longer picture 📚
@bigothecrypto2629
@bigothecrypto2629 2 ай бұрын
Tip for anyone with kids or who want to have kids, “if you want generational wealth, we have to get rid of generational habits” 📕
@DavidBrent.
@DavidBrent. 2 ай бұрын
📚Time in the market beats timing the market📚
@VegasMilgauss
@VegasMilgauss 2 ай бұрын
Always be buying 📖 📕 📚
@agsoutas
@agsoutas 2 ай бұрын
I believe in Microstrategy, and T212!!
@ibarbofn8604
@ibarbofn8604 2 ай бұрын
What r your prediction for mstr
@agsoutas
@agsoutas 2 ай бұрын
@@ibarbofn8604 I believe it will 2x at the top of the bitcoin bull market. Maybe 3x! Also, no financial advice 🙂
@agsoutas
@agsoutas 2 ай бұрын
@@ibarbofn8604 Also no financial advice🙂
@paulpeirson65
@paulpeirson65 2 ай бұрын
Hi Mitch I invest in S&P 500 each month under the Stock area of T212, is it better to do this through the Sicks and Shares ISA section? is there any benefits? Thanks
@pleaseentername.
@pleaseentername. 2 ай бұрын
Are you currently not investing in an ISA ? Always use a stocks and shares ISA over a general account as its tax free. Up to £20k per tax year annum
@paulpeirson65
@paulpeirson65 2 ай бұрын
@@pleaseentername. I use an ISA also, soadvuce would be move my Stock investment to Stocks and Shares ISA? Thanks
@MySk8ers
@MySk8ers 2 ай бұрын
Mitch, Could you create a Pie That you would reccomend for us?
@johndinsdale1707
@johndinsdale1707 2 ай бұрын
So , the simple very low effort plan is:- find an employee with salary sacrifice matching DC pension (10%/10%), invest all in the cheapest fee global stock ETF, work for 35 years. Then switch to a guard rail (5% + 20% up /10% down adjust on performance and inflation) Have a fun SKI retirement. If you can find a passion for your career and move up the ladder all the better.
@LewisWoody
@LewisWoody 2 ай бұрын
📚One of the best videos out there, genuinely really helpful, I’m a young individual myself always trying to learn and expand my knowledge in all aspects in the financial world, Ild say as a good tip for other young investors is really try to invest into a stocks and shares isa monthly even if it’s a low amount as over time it will really pay off, Pick a good suited index fund such as the S&P 500 or even Japanese / British market, over time you will really see the results, again, Amazing video Mitch ! 📓
@MitchShoesmith
@MitchShoesmith 2 ай бұрын
Thanks Lewis! Appreciate it buddy. Great tips too!
@HelenSaunders-w6o
@HelenSaunders-w6o 2 ай бұрын
Hi Mitch. How do I claim the free share if I’ve already opened an account (today)
@MitchShoesmith
@MitchShoesmith 2 ай бұрын
@@HelenSaunders-w6o hey, you can just enter the promo code MITCH in the app (three dashes at the bottom right, then use promo code) and it should work for you 🙂
@erhaborvictor6789
@erhaborvictor6789 2 ай бұрын
I enjoy this so much
@pauladuleba5819
@pauladuleba5819 2 ай бұрын
Great video Mitch. I'm just preparing list of books to read to have better understanding of investing. I already invested my first money to S&P 500 thanks to your videos. Thanks for all info you're sharing with us!!❤❤
@MitchShoesmith
@MitchShoesmith 2 ай бұрын
Thanks Paul - great to hear. It was a game changer for me reading those books before I started, it really did set me off on the right path!
@pauladuleba5819
@pauladuleba5819 2 ай бұрын
@MitchShoesmith Can you recommend any more books you think it's worth to read about investing? I would really appreciate it. Thanks
@icebear395
@icebear395 2 ай бұрын
Time in the market is always better than trying to timing the market, now is always the right time to invest, never think it is to late to start
@danlennard929
@danlennard929 2 ай бұрын
Always remember that you haven’t lost money until you sell, similarly you haven’t gained money until you sell. 📚
@djkazc1818
@djkazc1818 2 ай бұрын
Invest in yourself before any stock or fund. Paying to study that qualification to boost your career will give you better returns than pretty much almost anything 📚 All your success Mitch is a result from a good education and that short banking career you mentioned. Unless you're a generational entrepreneur, it's impossible to get ahead working for minimum wage, sad but a fact of life
@cianle-ginger802
@cianle-ginger802 2 ай бұрын
Great video, the only thing I can't resonate with is the tax free account (no ISA equivalent in Ireland😢). I'm going down a similar route, going from 100% individual stock picks to now dca'ing into an etf on a monthly basis too. Definitely agree with the importance of that objective annual review to update your targets for the future 📚
@MrNinjaChameleon
@MrNinjaChameleon 2 ай бұрын
My tip is to not panic when stocks drop it is perfectly healthy and normal look at it in 1/2/3/4/5 years down the line you'll see the gains 📚
@martindye8809
@martindye8809 Ай бұрын
I am following your advice and am strating on my journey to invest. Keep the great content coming. Would love to read that book. 📚 I just opened a 212 account but I can't find where to claim the free £100. Any ideas? Cheers.
@calvinanderson4356
@calvinanderson4356 2 ай бұрын
Can i get a book
@MitchShoesmith
@MitchShoesmith 2 ай бұрын
sure, if you leave an investing tip for the rest of the community I'll add you to the list of entrants 🙂
@calvinanderson4356
@calvinanderson4356 2 ай бұрын
@@MitchShoesmith my tip is that even if a stock takes a sudden big drop more than likely it will go up again in the long run
@ileshpatel
@ileshpatel 2 ай бұрын
Sell the Losers and Let the Winners Ride 📚
@michaelnickson4352
@michaelnickson4352 2 ай бұрын
Great info, as always. My tip would be to watch youtube videos, like the ones you're putting out and get investing 💰 📚
@dav6395
@dav6395 2 ай бұрын
Investing should be a long term plan, make a routine of investing even (or especially) when the stocks are down. 📚
@LostinGaming0
@LostinGaming0 2 ай бұрын
I'm also just starting with investing. My advice would be that, hidh dividend yield is not always good. :P I'd consider to find the 50-50 when investing directly into a company. 📚
@AllenLu
@AllenLu 2 ай бұрын
when you withdraw large amount of funds to your bank, won't your bank be alert from the incoming large amount of money in case of money laundering?
@thelevelupcommunity
@thelevelupcommunity Ай бұрын
No because banks can see it’s from investing.. it’s no different to what they’re doing with your money
@AnthonyPires-z8k
@AnthonyPires-z8k 2 ай бұрын
Take your life experience when starting investing and always follow your instincts
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