How I Invest (I'm a financial adviser)

[@CliveBirse]

If you wanna be successful, you most take responsibility for your emotions, not place the blame on others. In addition to make you feel more guilty about your faults, pointing the finger at others will only serve to increase your sense of personal accountability. There's always a risk in every investment, yet people still invest and succeed. You must look outward if you wanna be successful in life.

[@Grace.milburn]

The first step to successful investing is figuring out your goals and risk tolerance either on your own or with the help of a financial professional but is very advisable you make use of a professional like I did. If you get the facts about saving and investing and follow through with an intelligent plan, you should be able to gain financial security over the years and enjoy the benefits of managing your money.

[@mikegarvey17]

The stock market rally run is gone, but I'm not sure if equities will swiftly recover, keep falling, or fluctuate in a narrow range for a few weeks, or if things will quickly get worse. I'm under pressure to increase my $150k reserve.

[@mariaguerrero08]

This is why I've entrusted a fiduciary with my investment decisions. Many underestimate advisors until emotions lead to losses. My advisor crafted a tailored strategy aligning with my long-term goals, guiding entry and exit points for the equities I focus on. This has grown my portfolio to $780k, generating sufficient dividends for my household's needs.

[@ThomasChai05]

@@mariaguerrero08I’ve been looking to switch to an advisor for a while now. Any help pointing me to who your advisor is?

[@mariaguerrero08]

*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.

[@NicholasBall130]

The most important thing that should be on everyone mind currently should be to invest in different sources of income that doesn't depend on the government. Especially with the current economic crisis around the word. This is still a good time to invest in various stocks, Gold, silver and digital currencies

[@StocksWolf752]

The key to big returns is not big moving stocks. It's managing risk in relationship to reward. Having the correct size on and turning your edge as many times as necessary to reach your goal. That holds true from long term investing to day trading.

[@LiaStrings]

Even with the right technique and assets some investors would still make more than others, as an investor, you should’ve known that by now, nothing beats experience and that’s final, personally I had to reach out to a market analyst for guidance which is how I was able to grow my account close to a million, withdraw my profit right before the correction and now I’m buying again

[@StacieBMui]

this is incredible! how can I vet your advisor, mind sharing info, if you please?

[@LiaStrings]

The advisor that guides me is Sonya lee Mitchell, most likely the internet is where to find her basic info, just search her name. She's established.

[@lolitashaniel2342]

Thank you so much! This is exactly what I needed right now. I wrote her an email and am waiting for her reply. Hopefully, she responds soon. I plan to start the year on a strong financial note.

[@sommersalt88]

Hi Pete, I have about 100k distributed across various investing accounts, with 35% of my capital invested in an ISA and 25% in index funds. In Q4, 2023, I suffered a great deal. I'm just searching for methods to get better in 2024 right now.

[@blaquopaque]

Everyone needs a Margin of Safety in their portfolios and just remember, It's time in the market versus timing the market.

[@sommersalt88]

I'm intrigued by this. I've searched for financial advisors online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?

[@sommersalt88]

I appreciate this. After curiously searching her name online and reviewing her credentials, I'm quite impressed. I've contacted her as I could use all the help I can get. A call has been scheduled.

[@ianseward9928]

Yourself and ramin really honest and helpful . Thx

[@marissakeynes2532]

Great show guys. Very resourceful. 👌

[@jf3490]

A financial adviser who’s down to earth and who you’d actually want to go for a pint with - top bloke, cheers for the helpful and insightful video.

[@MissAbsss]

He truly is! He put up a post to meet up with a few of his Insta followers sometime in 2019 whilst he was in London.

[@TheJGTANK]

Most underrated comment on here

[@TomSzczepanski]

As a Chartered Accountant and someone who comes into contact with financial advisors (good and bad) - this guy absolutely gets it, listen to him.

[@andrewmartin5799]

His services are free and I trust him i invested and got my payout Won’t stop the good recommendation getting close to 7btc now !

[@markoutram001]

So refreshing to hear advisors preach simplicity, it’s the same as fitness, keep it simple, keep it consistent and the results will come!

[@E.GCreates]

I apologize, but I have a question. What kind of return on investment (ROI) can I expect in a few years for $400k?

[@Lamarche1959]

Given the history of the market and its performance pattern in the past, you would be looking at making well over three million in four years if you were to buy in 2024 due to the market's collapse and the impact of inflation on the market at the moment (which is what my FA would advise).

[@Dailypalamides]

You know a lot about this, also how do i invest with an FA? They seem to play a crucial part in investing

[@Lamarche1959]

Her name is Dianne Sarah Olson, you can do your due diligence on her. Goodluck!

[@phyllisburtonhearsawho]

Thanks for the tip, I looked her up and her resumé is very impressive. She also seems wealthy. Will definitely work with her

[@euripidesmedea5585]

Having worked in financial services for a long time, it's great to see someone in the profession give such clear, sensible guidance. Everyone should have access to this sort of information.

[@pauljones5403]

I’m new to this channel, no waffle, straight talking and no hard sell… keep up the great videos

[@VanillaCherryBread]

A good CFP brought me over here and seeing you as a certified financial advisor you have a new sub. Great content!

[@MrSwanseajames]

A financial advisor - someone who invests your money until its all gone. Vanguard tracker. Job done.

[@MeaningfulMoney]

Not all of us.

[@Premier_lawns_official]

This is a really helpful video, as someone mid 40's no pension and for the first time have some spare money to save. The more I see it is firing it into index funds

[@user-yi5xb2py7k]

Thank you for your information & transparency. I’m 24 & because of your videos I’ve opened a S&S ISA with Vanguard & invest monthly

[@MeaningfulMoney]

You'll be very wealthy one day as a result - great work, and keep going!

[@annemackenzie7295]

Thank you for sharing that - very helpful 👍😀

[@NandishPatelV]

Exactly what I've been doing for five decades. Thanks Pete. KeepSmiling 😊🌺

[@maxdoyle903]

Nice to hear financial advice from a relatable person, essentially reinforces my own views. It’s not pretty or glamorous but after 10-20 years you’ll be winning.

[@petethomas7164]

Strikes me as a genuine and helpful guy....who actually enjoys what he does and sharing that joy. Wish there were more like Pete in this world. Boring....is good! Keep it simple. Respect😂

[@nickdaveygiant]

Recently discovered your channel and what a gem your channel is. Thank you!! You have already transformed my financial life in 2 days including helping me clear some of my debt! I hope your channel gets the exposure it deserves!

[@MeaningfulMoney]

Very kind, NDG, thank you!

[@johncaskie7501]

Watched a few of your videos. Great advice and no get rich quick nonsense. I have a degree in Economics and an MSc in Finance and your advice is spot on. If you are 30 yrs old please listen to this man. He will save you a lot of money. What I really appreciate though are the details on regulations and taxation on Pensions and Isas (on some of your other videos) which are not my area of expertise. I have some thinking to do!!

[@mairien2955]

Super, super helpful! Thank you so much for your generosity in sharing this Pete. I’ve listened carefully to your podcasts and actioned my financial plan accordingly, but this provided all the reassurance I needed to feel like I’m on the right track, as well as giving me some extra goals to aspire to, thank you!

[@MeaningfulMoney]

I’m really glad it was helpful, Mairie!

[@johndupont8596]

@@MeaningfulMoney Would be keen to see an interview of Robin Powell :) He just released a new book!

[@mikemer79]

Nice honest guy,not a fake guru and driver a toyota

[@jonathanhowson6420]

I drive a Toyota aygo as well. I have had it since I was at uni 12 years ago and it wont die! Very cost effective. I put £333 a month into my lifetime stocks and shares isa, which is what a lot of people pay on a car payment each month.

[@MeaningfulMoney]

Mine gets appropriated by my daughter these day sand she pays me to use it!

[@steviejd5803]

Hi Pete, I once knew a beautiful little dog called Maisie, she once stole the sausages off a friends plate: his mistake was to put the plate on the coffee table, go to get the brown sauce, and boom, she was in, sausages gone! I’m investing 15% of my income 10% work pension 5% ETF VUSA and now thinking of starting a SIPP. Anyway, I really do enjoy your channel, thanks for all the great content.

[@PrinciplesPersonalFinance]

Really respect how candid this video is. Advisers should have to do this when disclosing their TOB 😊. Would be interesting to see how many practice what they preach! I’m a big fan of the core and satellite approach as well. Keep up the great work! 👏👏👏

[@MeaningfulMoney]

Cheers, George! I’d love to see a proper fiduciary standard emerge here too…

[@AnnaOllsson]

The thing to me is, if you invest and have other income outside of dividends then you will be able to live off dividends without selling. Which means you can pass it on to your kids which will give them a leg up in life. $52k dividends received in 2022.

[@HildaBennet]

I agree! That's why it is advisable that you have to invest while you still have a regular job or earning a regular income, and do it constantly. You still need to have something that will keep you going even if you're investing. Good financial planning and money allocation is the key.

[@PennyBergeron-os4ch]

I had a share of ups and downs when I first started looking for a consistent passive income so I hired an expert advisor for aid, and following her advice, I poured some money in value stocks and digital asset, i accrued over $80K in dividends last year

[@JosephineKenney]

I’ve been down so long, I’m only holding on so I can recoup, I really need help, who is this investment-adviser that guides you?

[@PennyBergeron-os4ch]

I have “Sonya Lee Mitchell” as my investment manager. She has a solid reputation when it comes to diversifying portfolios and making.

[@PennyBergeron-os4ch]

Her name is “Sonya Lee Mitchell” can't divulge much. Most likely, the internet should have her basic info, you can research if you like

[@rogerandout808]

YES. Also, I really enjoy this channel's content, authenticity and production values.

[@MeaningfulMoney]

And I appreciate you being here, Roger - thank you! 🙏🏻

[@chrismajor69]

Warren Buffet recommends low cost index funds for the average investor , he knows a thing or two 👍

[@boyasaka]

Yup I've got ETFs Vanguard s and p 500 And a global etf

[@izzatalmalki669]

You are my favorite finance youtuber!

[@MeaningfulMoney]

Awww. And you’re my favourite of today’s commenters! 😍

[@mikeroyce8926]

I'd love to watch a video on what you hope your eldest daughter would do if she listened to you (eg allocating money to a workplace pension vs emergency fund vs help to buy ISA vs stocks and shares ISA and when to start an income protection plan etc). I am convinced that making great financial decisions in your twenties can help build wealth more than anything else (eg allocating gifts of money into a SIPP as well asa workplace pension and then investing the pension in equity index funds). I have managed to persuade my daughter (just graduated from uni) to read some guides that I have written for her on 1) Income Tax, National Insurance and Capital Gains Tax and 2) Wills and Probate and 3) Inheritance Tax.

[@MeaningfulMoney]

Noted, Mike - good shout!

[@superpantman]

There are a lot of people who can tell you where to put your money, often in expert courses. Nothing will beat real world experience.

[@JoshuaWalker]

Hats off for being so transparent!

[@duchinsmickle]

Hey I am 16 years old and want to be a financial advisor when I finish my bachelors for finance. I have been investing for about a year now and have a fidelity youth account and have mutual funds that I consistently put money into with every pay check I make. I am waiting to turn 18 because I want to get my ROTH IRA and start my retirement fund asap. My plan is to live as cheap as possible and pay my college off in cash but since I am getting half of it for free it shouldn’t be too expensive not including my scholarships. With the excess budget from my career job I plan on saving up to start a business of some kind. We will see where I end up, I got lucky enough to learn about all this so that I will have a ton when I retire. Thank you for videos like this I think I will have a pretty good life because of people like you.

[@highwayman01]

Nice Video. I have been an Adviser for 30 years in South Africa still working as i love what I do.

[@123CloudStrife]

Yes.

[@garphill2162]

After October/November pulled out of gilts/Bonds. I am 60% Dividend core and 40% growth using a mini Buffet style on companies. Presently 6 months on made up my losses from the Bonds/gilts. Up 15% and hoping to push towards the 30% mark by next year. Ben Graham/Warren Buffet/ Peter Lynch mantra. Research your company follow the simple rules and be patient. I am not a Financial adviser just a person who has researched a lot.

[@highlandutilities]

Just found your channel, really like your 'easy' style.. You look like a great person to go to for financial advice

[@mariavega4898]

Im pretty much in the same direction. And im glad to know im in the right path. I dont have a business but i work full time as a nurse. And with all of this covid situation, overtime shifts are paid higher in nhs so im utilising my overtime money to 1. Overpay mortgage 2. Pay monthly S&P 500 3. Put some small monthly cash in my 4 individual stocks and btc and eth or just whenever market is down-- not compulsory tho. And lastly, to send some cash for my family back in my country... all of which are taken from my overtime shifts pay... then utilise my regular monthly wage to sort the bills and put some emergency funds and to save for a deposit for a btl mortgage. Planning to retire early at age 45 y/0 and enjoy the remaining of my life...

[@michaelfleming8517]

Good stuff. Simple. Authentic. Honest. Really good of you to share so openly. Thanks! M

[@stephenbastians732]

What can i say? Perfect! Advice everyone should hear.

[@camsham76]

Yes. Your videos are a great resource to quickly get up to speed on this this stuff. Thank you!

[@Bondiamandoo]

Very simple stuff. Sound like a decent bloke too, glad the algorithm sent you my way.

[@MeaningfulMoney]

Me too, James - thank you 🙏🏻

[@mvp_kryptonite]

Thanks for the video. Just shows that it’s the principle that’s important and people should take snippets and apply it to themselves. Excellent!

[@coderider3022]

Really appreciate the detail, thank you.

[@Watchlover371]

Love this video / simple and accurate from someone who does it for a living. I do agree with the tracker approach / it’s safe, cheap and can be carried out by anyone. I would say I am more financially aware than the average joe. My Isa is in a particular fund / wouldn’t classify it as high risk and have averaged 18% over the last 11 years. This costs me 1%. Surely this would be worthwhile versus the average tracker fund where costs are 0.05% but returns are 10-12%!?

[@lodersracing]

Very interesting, thanks for sharing.

[@TheBigGuyATX]

Thanks! I just discovered you and I subscribed after one video. Your candor and transparency come across well and I relate to your one income, married at 20ish lifestyle. I live in Texas, 35 yrs married, high income earner with not a lot of net worth (home, 401k). Thank you again for inspiring me to focus this year on my financial health and planning.

[@MeaningfulMoney]

Thank you!🙏🏻

[@playingFTSE]

Hey Pete. Sounds like our pensions are set up pretty similarly except I just skipped the tilting and went straight global index. My ISA however would probably keep you up at night, it's a stock pickers portfolio! Great content, thanks for sharing!

[@richlane64]

What a refreshingly informative video. Love how you keep it all so simple.

[@YourGirlSudanny]

Love this! Businesses & Bricks! Need to get to thinking!

[@CUNDUNDO]

Money is a consequence.Once we focus on the consequence we forget the cause and our actions become a hollow facade.

[@DaveW826]

Good solid advice on investing. I am a big fan of J.L. Collins and invest in passive global index funds. Your vlog on company sharesave schemes was particularly useful as I have that option and was concerned I was becoming over invested in my company. Thanks for the insight.

[@boydsargeant7496]

Yes Pete!

[@maltesetony9030]

Excellent video - honest & useful.

[@RT-xn7pr]

YES! Great video Pete, well produced and simple to follow; thanks.

[@markiemucka]

Yes, I fully understand the message...simple and boring gets the job done. Reminds me of what Lars Kroijer (Investing Demystified) would preach. In terms on paying off mortgage versus investing in shares ISA, that's an intriguing one. For me, I've opted to pay a low mortgage monthly payment and take a relative risk on Shares ISA (simple global tracker), hoping for better returns versus mortgage pay off although latter are guaranteed returns...hence interesting scenario...we'll see if it pays off :-).

[@MeaningfulMoney]

I’ve interviewed Lars a couple of times - a great bloke.

[@davelee212]

I'm just in the process of consolidating 5 old workplace pensions and an old SIPP into a new SIPP, invested in a single global index tracker. So I now just have my current workplace pension and a very simply invested SIPP, which is going to be much easier to keep a track of. Listening to your back catalogue of podcasts and KZbin videos was a great help in getting my head around it all. Thanks Pete!

[@MeaningfulMoney]

Great stuff, Dave! Well done for taking action!

[@timstrongman37]

Yes! Great video Pete!

[@dawnmartyne]

Yes. Great helpful

[@stuartogden1660]

Probably my favourite video of yours - great to have the personal angle

[@MeaningfulMoney]

Cheers Stuart - it seems to have been well received generally. Thanks for watching!

[@callumtimbrell3702]

Great video Pete! Keep up the amazing work.

[@michaelcaldwell3709]

Thanks

[@Kefford666]

Thank you for the info and perspective 🙏🏻 I’m really surprised you don’t have more subscribers and views! All in good time ☺️

[@scranspanners]

Yes! I’m a great believer in the Emergency Fund

[@catherine13982]

Yes!

[@h3kufc]

I use premium bonds as my emergency fund, better that sitting in the bank.

[@boyasaka]

Same here 15k there and can get it out within a week if need be

[@steviejd5803]

But no growth, you have to rely on luck.

[@roblowry9457]

Yes - great stuff. Thanks for sharing Pete.

[@MeaningfulMoney]

Glad you enjoyed it, Rob!

[@MrAvant123]

Good talk. I get so sick of the liars or idiots on the AIM share bulletin boards claiming to have 100's of K£ in dodgy stocks. Though I wouldnt be happy to have so much tied into a small business in this way as much bad stuff can happen to these.

[@ryangowan814]

Hi Pete, loved your podcasts for so long now. I was thinking about becoming a financial planner myself, any tips for courses and getting started on this track (currently in the accounting field)? Keep up producing quality content!

[@MeaningfulMoney]

Hey Ryan - it’s a noble calling! Start here: kzbin.info/www/bejne/m4ircmOYetd_hqM and then come back to me with any questions

[@uanfindlewis3852]

Great video Pete. As always really clear & straightforward. Looking forward to watching more new videos.

[@MeaningfulMoney]

Thank you, Uanfind!

[@catseybod]

Nicely done, Sir, as ever. Great to see someone in the biz saying it like it is (i.e. Simple is Best) after the bad old days of over mystification to justify their fees.

[@TobyNewbatt]

Great video! So many great nuggets here!

[@MeaningfulMoney]

Thanks Toby!

[@noahcrafting]

Thanks Pete, great video. Interesting about the % of net worth I’ll have to do some calcs myself

[@chrisf1600]

Great advice. One suggestion I'd make is to have a look at stock market valuations around the world when you're choosing your core fund(s). US stocks have had a great decade, but they are now very expensive by historical standards and returns over the long term are likely to be lower than we have become used to. Personally I have a tilt towards cheaper markets like the UK, since history suggests they are likely to catch up ("mean revert") eventually. Of course, nothing in investing is certain and US stocks may continue to do fantastically for another decade ! That's part of the fun I suppose :)

[@TbirdThunderstruck]

Fair point.. You are correct most markets are cheaper on most metrics than the US, PE ratios, Market cap / GDP, etc. UK is cheap relative to US. Some factors might warrant higher valuations.. The US does have some larger Tech giants (FAANGs) and a higher proportion of companies that are market leaders. The US dollar is also the global reserve currency which could be beneficial too.

[@FinanceDee]

Enjoyed watching this! I invest similarly to you, boring but easy and stress free 😊

[@ziggytrick]

Pete, mate, you're simply the best, keeping it real.

[@MeaningfulMoney]

Very kind - thank you!

[@jblue2435]

Really appreciate this. Gives me skme confidence in my own situation.

[@martinjarvis8312]

Very good video Pete. I’ve always been an advocate of paying ones mortgage off right from the day I got my first one in 1994. I payed it off years ago since getting a divorce I mange to save thousands£££££ I started investing again this year in vanguard at the moment I put 32 grand in this month twenty of that in. An isa. I have three pensions although not paying any in at the money I’m 59 now so not sure it’s worth it.

[@JustJohnnyIV]

First time here. Thank you for content.

[@hooksforestchin]

Excellent as ever and very open and honest

[@darylhughes7824]

Great advice. Thank you.

[@frankiewright6461]

Yes

[@GeoffMaxwell]

super video . enjoyed the imformation

[@MeaningfulMoney]

Cheers, Geoff

[@sheraziqbal9556]

I wanted to invest but always felt that due to the risk it was better to make overpayments on my mortgage as that's a guaranteed saving on interest payments I otherwise would have had to pay.

[@benvosloo2033]

That's true, it is a guaranteed saving. The returns on a global passively managed index fund over the long term typically exceed the cost of the interest. Past performance is no guarantee to future performance. Why not do both? Put some funds into over paying the mortgage and some into a low cost index fund such as Vanguard Total World (VT) or Vanguard S & P 500 (VOO)?

[@paulturner4419]

Risk management is the most important aspect.

[@kapzvara5732]

Great ideas thanks for this.

[@Lucy-td1gy]

Pete - please could you do a video on BTLs? I’d be really interested to hear your views around them, and why you’ve decided to not invest in them. Would also be good if you could talk about why they are a success for some? I’m struggling to find a balanced video on BTLs that’s UK centric.

[@MyVanMyfanwy]

I think its also useful to look at lifetime demands on your free cash.eg: 20’s - beer Early 30’s - mortgage Late 30’s - mort+ kids 40’s - ditto 50’s - Uni support etc This illustrates the demands on ur cash in the future. Conclusion: less beer in ur 20’s!!😅😅😅

[@MeaningfulMoney]

True, but where’s the fun in that?!

[@christhorpec]

Really enjoy your channel and podcast, very down the earth and straightforward. Thank you!

[@MeaningfulMoney]

Very kind of you to say, Christopher, thank you! 👍🏻🙏🏻

[@nortonr]

Yes 👍

[@nicobass1966]

YES

[@tomwebster8299]

Great video and shared with a few friends who I felt might benefit from your words of wisdom. I have to say I’ve gone more active over the years and the more I’ve gotten into investing, my gains have gone up as a result. Interesting to see your break down, it’s simplicity and I hope things continue to do well, and you bring that ‘retirement’ age down, if you want to that is 💪.

[@learnsomethingneweveryday1539]

If you were an employee on similar income as a salary, how ypu would feel about your asset split at your age ? Is pension vs ISA 2.5x ratio a good place to be? Im similar age to you, wife couple years younger. We focused on pension contributions and our ratio looks very different to you: 6x

[@andrewmallard2301]

Would love to know in which investments you place your money, but appreciate, that is not possible. I'm approaching my 60th year and hitting that junction in life where work and life needs a new balance. The hardest thing to understand is, do I have enough in my pension scheme and I certainly dont like equity release, so feel like I'm having to juggle numerous options without any actually falling neatly into a defined path. Quite a labyrinth.

[@VanillaCherryBread]

For the most part, I’m market-cap weight global indexed, with a little tilt towards tech and growth ETFs, and I’m now what I would call pretty wealthy but it really depend on someone’s attitude to risk! There’s a lot of academic studies that show that pension funds should be fairly aggressively invested to last as long as possible.

[@TheMoneyBunker]

Great “advice” Pete, a true pro - keep smashing the vids!

[@MeaningfulMoney]

Loving the quotes there - “advice” indeed 😂

[@velbels]

Aygo is an awesome car ours is 13 year old and still going strong 😊

[@simonr1339]

Hi Pete, Could you elaborate on why overpaying your mortgage is a priority to you if you could put this money into a 8% ETF and pay your mortgage off all at once when you grow your money (which should be better investment than overpaying a mortgage)? I must have spent a year trying to figure out if overpaying is better than investing and honestly- I still can’t decide.

[@rusty911s2]

Excellent and well presented advice, thank you very much.

[@MeaningfulMoney]

Thank you! 🙏🏻👍🏻

[@samiirmal5586]

Amazing video. Great person. Wish you every success 👍👍👍

[@robi4514]

Great video Pete, now a subscriber to this and the podcasts. One question - by investing your pension in only one fund, are you not at risk of exceeding the FSA compensation thingy, which is currently limited to £80k (per provider?)?

[@MeaningfulMoney]

There’s a lot to unpack here, Rob. The FSCS compensation limit is £85k per person, per provider, but where there are funds held on platforms it really does depend on who it is that goes bust! I’m happy enough to rest on the very strict rules that require platforms to separate their money from their clients’ money and if I’m doing my job right, I’ll have much more than £85k to worry about!

[@MrDuncl]

A question (if you read this). how are funds protected (if at all)? If I put £85K in the bank it will be protected even if they lend it all out on 125% LTV mortgages (like Northern Rock did). If I buy a tracker on a regulated platform an it turns out the company has actually been betting it all on Crypto and goes bust what happens? What happens if I am over 85K on one platform (as I already am with an investment mix similar to yours made about twenty years ago).