Revealing My Entire £165,000 Investment Portfolio - Age 28!

Join the waitlist for the Shareholder Lab: shareholderlab.substack.com/s...
Today i’ll be revealing my full £165,000 investment portfolio! I hold the bulk of my stock investments on Vanguard UK and I have a Trading 212 stocks and shares ISA too. My Trading 212 ISA is what I’m currently actively investing in outside the realms of my pension which i’ll also share the details on too, plus i’ll share the the equity in my investment property and some other small investments which I have too!
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Revealing My Entire £165,000 Investment Portfolio - Age 28!
00:00 Intro
00:53 Vanguard UK Portfolio
02:20 Trading 212 Portfolio
11:33 Pension
12:48 Investment Property
13:32 Other Investments
📷 Instagram: @mitchinvesting
#Trading212 #PortfolioUpdate #Trading212ISA
Disclaimer: Your capital is at risk. Some of these links may be affiliate links. If you purchase a product or service using one of these links, I will receive a small commission from the seller. There will be no additional charge for you.
Disclaimer: All ideas presented within this video are that of my own based on my own opinions. Please do not consider any of these videos as financial advice as I am NOT a financial advisor. All financial decisions and choices made are solely your responsibility. The views shared in this video are just for entertainment purposes only. When investing, your capital is at risk and can go up in value as well as down in value. You should consult a suitably qualified professional when seeking out investment advice in order to fully understand the risks associated with investing.

[@MitchShoesmith]

Happy Friday guys! If you’re interested in joining the Shareholder Lab, you can sign up to the waitlist here, i’ll keep you update as things progress: shareholderlab.substack.com/subscribe and if you want to get 1 FREE share valued up to £100 with Trading 212 to get your portfolio started, open an account using this link: trading212.com/promocodes/MITCH

[@TheAnonyy]

The link is not sending me a confirmation email i tried 4 times nothing in spam box?

[@MitchShoesmith]

@@TheAnonyy it’s ok if you’ve signed up it will have registered! ☺️

[@notwkrail]

4 = reefer a friend

[@lisabrenda3620]

*I didn't become financially independent until I was in my late 40's, and I'm still in my 40's. In addition to having purchased my second home and earning money on a monthly basis through passive income, I've also achieved three out of five goals. I just hope this inspires someone to realize that it doesn't matter if you don't have any of these things yet, you can start today no matter your age. Change your future by investing! I made a rather big decision by investing in the financial market.*

[@stephaniebrown7672]

Sure, investing is essential for maintaining your financial stability, but making any kind of legitimate investment without the correct advice of a professional can result in a significant loss as well.

[@HendersonMiles-kp8gw]

Investing in many sources of income that are independent on government paychecks is the prudent thing that everyone should be thinking about right now, especially given the global economic crisis. Stocks, forex, and digital currencies are still good investments at this time.

[@Namja_66]

I've lost a couple of dollars trying to trade myself

[@JacobWines]

Get some professional help

[@xanderberry5727]

That's absolutely correct, I trade with an expert

[@blahmaas]

Unbelievable for just 28 years old. Well done mate.

[@MitchShoesmith]

Appreciate that, thanks so much!

[@FA9082]

Why does Mitch bother buying individual stocks when all the companies hes buying are the companies that are the biggest companies already in the S&P500 which he already owns lol?

[@Leeds1919LUFC]

@@FA9082 I guess the only argument you could make is if you expect those stocks to outperform the S&P500.

[@dtlittle8]

Final message being the most important. It’s terrifying how quickly 5-10yrs goes by. Everyone will thank their future self starting somewhere, no matter how little it may feel at the time !

[@TheDayTheDay312]

My portfolio doesn’t just cater to dividend stocks. I hold $VFIAX (S&P 500 index fund) in my Roth IRA and $VTI (Total Stock Market ETF) in my taxable brokerage account. Two of my largest holdings. The individual dividend stock positions all complement the index holdings.

[@Duttonmuffins]

Diversifying with $VFIAX and $VTI is smart. It’s financial independence, not dependency, that truly empowers.

[@JesseMayhill]

If you lack market knowledge, your best bet is to seek advice or support from a consultant or investing coach. Contacting a consultant may sound simple, but it's how I've managed to stay afloat in the market and increase my portfolio to roughly 60% early this year. It is, in my opinion, the best way to get started in the industry right now.

[@Cottoncandyh]

How can I participate in this? I sincerely aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success?

[@JesseMayhill]

Melissa Elise Robinson is the licensed coach I use. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.

[@Cottoncandyh]

I appreciate it. After 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.

[@diane.moore-]

At 56 I already own shares of PALANTIR, TSLA, NVDA and APPL as well. Sure, I don't mind having these equities sit around for a while, but I'd also like to appreciate short-term opportunities that could fetch $200,000 or less..

[@mikegarvey17]

If you need advice on short-term investments, consider speaking with a financial advisor. They have a lot more knowledge and expertise in this area.

[@mariaguerrero08]

True. Having the right financial planner is invaluable. My portfolio is well-matched for every season of the market and recently hit 90% rise from early last year. I and my CFP are working on a 7 figure ballpark goal, though this could take till Q3 2024.

[@ThomasChai05]

@@mariaguerrero08Impressive can you share more info?

[@mariaguerrero08]

Her name is. ‘GERTRUDE MARGARET QUINTO’. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

[@Grace.milburn]

I just curiously searched her up, and I have sent her an email. I hope she gets back to me soon. Thank you

[@KC-pm1fv]

The first HONEST and TRANSPARENT KZbinr. Thanks for sharing Mitch! Inspiring :)

[@stephen6262]

Mitch your a clever bloke. You will be very successful. Thank you for showing all your investments most people at any age would be happy

[@MitchShoesmith]

I appreciate that Stephen, trying my best!

[@TomsPersonalFinance]

Absolutely great stuff, Mitch. You're smashing it. Completely agree regarding the core message - keep up the consistent contributions and then in 10 or 20 years time we will all look back and be amazed

[@MitchShoesmith]

Appreciate it Tom, thanks mate!

[@Crabfat809]

Fantastic - thanks for being so open and sharing 🙌

[@MitchShoesmith]

Thanks for watching!

[@Ripley777]

Congrats Mitch! Subbed on Shareholder too. Luck happens when hard work meets opportunity.

[@MitchShoesmith]

Thanks man!

[@snowballinvesting3475]

That is a very generous company contribution match for your pension - great update!

[@MitchShoesmith]

Thanks man!

[@paulevans1139]

Good news starting this group, im trying myself to build my tribe of like minded people, to share ideas and grow together, so this definitely appeals to me 👌🏻👍🏻 thanks for the video and transparency 👌🏻👍🏻

[@MitchShoesmith]

Thanks Paul - i think it’d be great but just waiting to see if there is enough demand for it ☺️

[@justinjoseph1467]

Awesome video Mitch - Thank you for the transparency.

[@MitchShoesmith]

Thanks Justin!

[@yogiam9764]

Thanks for the education! x

[@gbr562]

Well done. Wish I had your position at 28! My portfolio has quite a few similarities albeit slightly higher numbers. I'm a great believer in the Tesla project BUT the last few weeks and looking forward over the next few weeks I've made the decision to bail out until things settle and review things around the August event. So sold 300 shares, kept 50 and put the proceeds into NVDA and BA.L for the time being. Ive a little over 2k of PLTR which I'm sitting on as, like you said, its bubbling just under the surface, just like an Icelandic eruption.

[@DC-sc1ce]

Utmost respect. I have been investing for the last ten years, 27 now, and looking to escape corporate land as soon as possible. Still a good bit to go, but the end is in sight. Keep up the great work!

[@issiewizzie]

great message about the action you took

[@chrisbamber942]

Really made me think what I should be doing better with my side hustle money each month. Ty. 👍

[@TheSimonibb]

Thanks for your great video. Can you tell me which pension provider you use? Thanks

[@Alban.Bytyqi]

Thank you for a great vid

[@kawsarhussain7432]

Letsss goo that youtube money coming in clutchhhh Love the growth brother

[@MitchShoesmith]

Haha thanks dude!

[@crunchstudio9475]

Hi Mitch. Would you think about moving a large proportion of your Workplace pension whilst keeping it open to keep the monthly contributions coming in and put it in your own etf’s to pay less fees and possibly higher gains?

[@creators1000]

At 28 awesome work dude. I am 26 and been investing two years less, started in 2019. So close to hitting 6 figs!

[@craiganderson9564]

Great video Mitch, your transparency is appreciated. I have similiar portfolio size but I'm around 20yrs older. I tried individual stocks for 2-3yrs and went back to 100% OEICs, everyone should have their own strategy... I have around 50% in a global index fund with the rest spread around 3x managed funds, probably get better returns than 8% per year with other strategies but portfolio almost runs itself and I sleep better at night. Also using a money market fund for a property deposit...Moving funds to a bond OEIC once I'm ready to draw from portfolio. Good luck with your investing.

[@adamcunningham6746]

Thanks Mitch. Great video as always. I have pretty much the same holdings, apart from AMD. I hold Google instead. I wonder if you have a reason for not holding that one? Always look forward to your videos and updates mate 👍 😎

[@MitchShoesmith]

Cheers Adam! No particular reason for not holding Google as an individual holding, I’m adding a lot more to my S&P at the moment so still have exposure just a much smaller weighting ☺️

[@matthewpye6186]

What a ride it's been with meta, we both went though the meat grinder. I remember watching you keep buying while the stock was crashing, paid off in the end

[@MitchShoesmith]

Haha yeh for sure! Nice to come out on top 😎📈

[@c40uk98]

Great achievement . Very well done

[@MitchShoesmith]

Thanks mate

[@hustlinhitch]

Impressive! I'm just starting aged 52 with £30k from my previous job. Wish I started years ago but my dad always talked me out of it.

[@MitchShoesmith]

Thanks! Best to get started now than never ☺️

[@casiowatchers7511]

Apart from a 10 stock UK dividend pie the rest of my portfolio is completely VUSA. I keep doubting myself, especially when I see so many people holding individual stocks, but I keep telling myself that keeping it VUSA only is a safer play for me. I’m a quite risk adverse.

[@MitchShoesmith]

Yeah I’m with you on that mate, I’ve got a few individual holdings but the bulk of my investment value is in the VUSA

[@Whizzer_]

Like a financial version of the Incredible Hulk - growing more green!

[@MitchShoesmith]

Haha I’ll take that 😆

[@TotalTrigger]

Hey Mitch, just recently discovered your channel this week after getting a bit more serious about investing. Loving the content so far and I’m finding it extremely valuable. I just wanted to get your advice I’m regard to pensions. I’ve got 2 old work pensions that quite frankly I nearly forgot about. I’m wondering if it’s worth putting both of these into a SIPP? I’m not too clued up on it all, so would appreciate any guidance!

[@MitchShoesmith]

Hey, hard to say but it probably would be worthwhile, I suspect you’re probably paying some kind of management fees on both, might be worth consolidating into a SIPP - if I’m honest I’m not too clued up on pensions either, definitely isn’t an area of specialism for me!

[@kieranwatt1937]

well done mate. i've been following your channel/journey for a while now and it's awesome to see how it's grew over that time. how is the house coming along for rent, is it pretty smooth with the tenant/costs of running it with like breakdowns that you need to repair? I'm still trying to decide if I want to buy to let, or just buy one at auction, fix it up then sell it on

[@MitchShoesmith]

Thanks Kieran! Yeah all smooth with the property, minus a rather big increase in service charge which has squeezed my margins, but all ok with the tenant paying rent on time. Yeah it’s always a dilemma! Depends how much time/money you’ve got I guess!

[@SteveThompson-gc7kx]

Hi Mitch, I find your videos not only helpful but hugely interesting. I would be interested to learn more about your two Sipp funds if possible ?

[@MitchShoesmith]

Thanks Steve! I think I may do another standalone video on pensions, seems like an underserved topic!

[@romkeveenstra4820]

love the vids. but I have 1 question what kind of work are you doing?

[@MitchShoesmith]

Background in Banking but also make money from KZbin too

[@mmaaka]

Hey mitch, thanks for sharing, well played on all of this. Hopefully in 2030 you can enjoy some of those gains. In terms of the pension, is that a private pension fund?

[@MitchShoesmith]

Hey! Thanks! Let’s hope so! My pension is a workplace pension scheme I’m on, not a private one ☺️

[@danielmcdonald9917]

Hi Mitch hope you’re good. Im pretty new to this game, just wondering I saw a pie already made up and it had ipos in that pie, would you say it’s safe to invest into something like that ?

[@MitchShoesmith]

Hey, if it's a pie purely made up of IPO's then it's highly speculative, there are much lower risk investments out there!

[@toddwhichello5345]

Great vid, really enjoyed it! Is there any specific reason why you don’t utilise fractional shares to ensure all your capital is working for you? :)

[@MitchShoesmith]

Thanks Todd! No particular reason, just prefer buying whole shares to be honest, bit of OCD 😂😂

[@toddwhichello5345]

@@MitchShoesmith ahah, totally makes sense! Thanks for the response! :)

[@JoeK7]

Hey Mitch, I only just found out recently that I should be selling me ESPP holdings. Could you perhaps do a future video on ESPPs? Thanks!

[@MitchShoesmith]

Hey Joe, why do you need to sell? I'll add it to my list of video ideas!

[@piotrzielinski5954]

wow googd job.well done m8

[@MitchShoesmith]

Thanks!

[@ironsoul2633]

Can I ask you how often do you check your portfolio? How do you react when your investment plummet, do you sell or just buy the dip? I keep freaking out every time it goes down like now, I only invest in global stock ETFs

[@MitchShoesmith]

Hey, I check it a few times a week, but I’m unemotional about it. If the market plummets I’ve historically invested heavily more and I’ll likely not sell at any point at least for the next 5 years!

[@andrewkingdon2000]

Fair play to you mate. Just one word of caution, don't repeat don't panic when your portfolio falls and I mean falls a lot over a long period. You start off saying "its ok I can take it" then after you have lost 29% over 8 months and there is no sign of the markets turning and everything is gloom, do NOT despair! There are always ups and downs and sometimes the downs are long, deep and painful. The sign of a mature and steadfast investor is to put MORE in when markets are performing badly. Yes you read that right. Good luck.

[@MitchShoesmith]

Thank you, wise words!!

[@noell3516]

Hi Mitch, great video! which area have you purchased your investment property in?

[@MitchShoesmith]

Hey! Thanks, it's in north Birmingham

[@StefanSlavov]

Palantir stock price is volatile, however their actual business and financials are incredibly good. 27 is not "overvalued" imo

[@hadikhan50]

Hey Mitch, why don't you convert some of your current S&S ISA into property and use that cashflow to increase your investments?

[@MitchShoesmith]

Hey, cash flow in property isn’t fantastic at the moment, and I believe I’ll get higher ROI from my S&S ISA too

[@belinda7073]

Is there ever a bad time to start investing in a S&S ISA if you’re investing for a 10 year period? People say we’re in a bubble at the minute with the ETFs etc. I’m unsure whether to start a S&S ISA, or pay into AVC alongside my government pension which I can take 100% of I tax free upon retirement. Also with an AVC you get an immediate uplift of nearly 40% because of the tax and NI savings.

[@petetasker8599]

It was a pretty bad time two months ago when I put 20k in a stocks and shares ISA. After 7 weeks I’m currently-£204! 😬

[@Steve_9024]

Hi Mitch can i ask why you don’t hold any dividend stocks or very little with a large portfolio thanks Steve

[@MitchShoesmith]

Hey, great question, currently I’m more focused on capital growth in my portfolio, and less focused on income, which is why I hold the positions I do with very little in the way of dividend payers, as life goes on though I’ll inevitably transition parts of the portfolio though

[@RiskOnInvestor]

Hey Mitch, as a fellow 28 year old it was great to have a full peep into your portfolio, that employer pension contribution is very juicy, lucky you! I would be interested to hear more about your property investment. Is it something you would look to do more of in the future? I imagine with that mortgage amount you have a fairly decent ROCE employed with that flat?

[@MitchShoesmith]

Hey! The property investment is ok, not spectacular but not poor. I would buy another one in future, but I think i'd lean towards getting a house rather than a flat. The service charge has massively jumped up this year unexpectedly and its really cut my margins, I'll ideally look to reduce the debt on it when the mortgage is up to increase monthly cash flow so there is more of a buffer. I do think property is a great long term investment and i will likely buy more - all being well!

[@nathan_tmc7435]

I was looking into invest back in 2020 but never did and was unsure how to. I'm happy that I finally made the step but feel like i missed out

[@MitchShoesmith]

It’s ok, no better time like the present! In another 4 years time you’ll look back and think “I’m glad I started in 2024”

[@sdavis7096]

Great video. I may have missed it but month on month what have you actually had to have been saving on average to get to where you are? You said £400 in your vanguard portfolio, but what would it be across all your investments on average?

[@MitchShoesmith]

Hey! Thanks. I started doing about £400 a month, now into my stocks ISA it’s about £600-£700 a month - across all my investments including my pension it’s a lot more though

[@sdavis7096]

@@MitchShoesmithgreat love the transparency. Was interesting hearing you talk about your pension. My work place one has a salary sacrifice system where I could get 40 percent tax relief because of my salary. Only downside is I can’t access that until I’m 65 due to the t’s and c’s. I can’t decide whether to save more in my isa or utilise the scheme more.

[@pauldeal68]

I've got a ftse global allcap and s&p 500 etfs with vanguard..I just switched yhe global into my s &p fund font seem logical having both

[@sgreen31]

Well done! Random question on the Investment property. Assuming it's leasehold, did you ever have any concerns with leasehold and the risks involved?

[@MitchShoesmith]

Thanks! Yeah it’s leasehold, could you elaborate? Only concern I have right now is my rising service charge 😂😬

[@sgreen31]

Yeah, just wondering if the risk of ground rent/service charge eating into your overall profit was something that would have been a stopper on going down the investment property route?

[@iosifo3472]

Why did you choose vanguard UK Vs USA or global?

[@SixTimesMrOlympia]

It really is astonishing what can be done from watching this. I am late to the game at 39. My plan is 25 years of investing from now. I just started my ISA stocks with 1k VUSA and 1K VWRL. I might toy around with a few individual stocks. Not much. Do you think I should continue with both or focus on VUSA more?

[@callum6652]

Hey Mitch 👋 Quick question. I work in the NHS, do you have any idea whether the option is there to contribute to a stocks pension rather than the current NHS pension scheme?

[@MitchShoesmith]

Hey, I’m by no means a specialist with pensions but I suspect you can’t directly from your payslip as it’s a public sector pension, however you could always open a SIPP if you had additional funds to invest and do it separately, you’d still get the tax benefits too.

[@TheEngineSpotter]

Wow amazing

[@jboogie5992]

Hey Mitch I’m 20yrs old and about b in my 3rd year of college I been saving some money but ultimately for a car and etc , I want to throw like $150 so $50 each into stocks AAPL(apple), CAVA, and SOUN (soundhound) I currently have free stock Exxon XOM. I know you’re not a financial advisor but what would u recommend or best bet.

[@bailliemccarrison4673]

For your pension, do you chose yourself what to invest in? Did it take lots of research or is it fairly broad funds?

[@MitchShoesmith]

Hey, I chose myself but literally only had a few options to chose from

[@bailliemccarrison4673]

@@MitchShoesmith Similar to my pension with lifesight, could you not transfer yours to a sipp?

[@andysutton9780]

I wouldn't move my portfolio to 212, simply for peace of mind, i would trust my money with vanguard over 212 every day of the week.

[@GoogleAccount-lm3bg]

22 next month. Have a regular income & live at home with no expenses like car/children. Where do I start please?

[@bosshog36]

Palantir should be included in sp500 soon I think which might give it a bump up

[@MitchShoesmith]

If it ever gets added to a major index then yeah it will help for sure.

[@IvoneideSpillane-vl3wv]

You don’t hold nvidia Shares ? Could you share your thoughts on that , thanks

[@MitchShoesmith]

No specific reason, I’ve got exposure through my S&P500 ETF so still benefiting from the gains just with a smaller overall exposure

[@sethanith3181]

I’m always a bit concerned with rentals, the property market isn’t great, and doing some maths and assumptions your mortgage would be around £200pm, tax at 40% around £330pm, leaving just below £400pm minus any repairs and issues. Just seems a lot of headache considering VUSA could have matched that over the same period.

[@MitchShoesmith]

It’s a LTD co so only liable to pay corp tax at 19% on it, and mortgage is £391 a month, I wish I cleared £400 a month profit but sadly nowhere near after accounting for management fees & a recently increased service charge which has hit my margins substantially. I definitely get why it wouldn’t appeal having done it myself for the past 12 months and the stresses that come with it 😂 Nonetheless over the long run once the mortgage gets cleared and property prices increase, and rent will gradually increase too it should be a very good asset with decent passive cash flow too. Feels a bit like “short term pain for long term gain” at the moment though!

[@bhavin4031]

Where did you buy your investment property?

[@onyeamamaryann]

Hello,you are very welcome! Glad to hear you're learning, growing and improving! I am super excited to have you in the FFA and can't wait to guide you on your path to achieving your very own financial freedom! Keep up the great work!👊

[@shanksy9219]

12% pension matching is crazy!

[@MitchShoesmith]

I’ve only ever worked at the same company since graduating so I’m probably a bit naive to it! Don’t really have an idea what other employers provide, but certainly grateful for it!

[@LawrenceTimme]

@@MitchShoesmith most places only match 1:1 so if you put in 5% they put in 5%. Normally 10% match is considered really good. Most places only do 6-8% match. My work does 7.5% match. So yours its extremely good.

[@neddythened2698]

​@@MitchShoesmith my employer only pays 3% 😢

[@Bobog16]

What do you do for your day job mate?

[@MitchShoesmith]

I work in Banking in a supplier risk/relationship management role

[@lewissewell6437]

Used your free share, got 0.07 of a share equating to £25 in Microsoft. Intend to start by putting £100 per month into the vanguard S&P500.

[@MitchShoesmith]

Nice!!

[@cliffordamoa6704]

Can I please know where did you buy your property?

[@MitchShoesmith]

In a place called Sutton Coldfield - north Birmingham (ish)

[@Fullersh1t]

Think I saw you on the Train editing this video lol.

[@MitchShoesmith]

Haha yeh that was me, on the way back from London 😆

[@juliat50]

Great diversification. I am very similar, just a little heavier Bitcoin.

[@James-dt1kl]

Hey Mitch 👋 Why haven't you included ypur primary residence in your networth?

[@MitchShoesmith]

Hey James, I don’t consider that as part of my investment portfolio so didn’t include it, same with cash savings too (even though both would contribute to my net worth)

[@King_Harrold]

Well done Mitch. Im 9yrs older than you but i think we have a very similar approach. Also my career is now peaking and on a 6 figure salary, daughter is approaching teenage years so less demands for childcare, wife can work fulltime etc. with property, savings and pension we are about £400k in equity. Life is good, but hasnt been without its challenges. My biggest lesson has to be intentional with my money. My wife and I have an income and expenditure sheet and a balance sheet. We budget and have direct debits or standing orders direct to savings. A seperate joint account we call 'play' and thats our monthly fun money. After bills, the rest goes to investments or savings, such as emergency fund and new car when needed.

[@MitchShoesmith]

Love that, real sound advice! Congrats on the success dude, love to hear it 💪🏼

[@YTDZ77]

Do you own your own home on top of that investment property?

[@MitchShoesmith]

I do yes

[@YTDZ77]

@@MitchShoesmith That's very good going Mitch, congrats. Keep up the informative videos 🙂👍

[@user-nw3eh3jj7j]

So why doesn’t it feature in your portfolio? Surely you would have some positive equity? 🤔 I’m guessing you still live at home with the parents.

[@josht822]

Another tip, get a partner and use a small part of their money, you put £450 they put £50 every month

[@mari051986]

so you started investing a year ago mate?

[@MitchShoesmith]

Hey, no I started in 2017 ☺️

[@adamhaines7682]

Looks like you must work for LBG?

[@linegoesup-tl1hq]

the s&p 500 is already heavily weighted to the companies you have invested in and tech, and then your main portfolio investments are more tech. sincerely, its already really fickle in the stock market if tech stocks just do excellent rather than invest the wheel again in their earnings. also, palantir is a hell no considering they are friendly with certain governments and do surveillance ai. no amount of money is worth that imo

[@obscvre]

Why does it matter that S&P 500 is tech heavy now though? It could change in the future, maybe the top ones will be non-tech companies then, I see buying tech stocks separately as double insurance as opposed to double buying tbh.

[@linegoesup-tl1hq]

@@obscvre just diversification, especially right now when its really volatile. The demand for chips for ai could slow down if the companies training ai cant sell their ai to businesses. need a couple of industries to invest in so that if one goes boom you have 2 others to keep you safe. Its standard no? have a look at how much of the s&p current growth is nvidia

[@obscvre]

@@linegoesup-tl1hq yes but that's exactly the point of investing in S&P 500 though isn't it, if the AI bubble busts, then the top companies can be easily replaced by those from other sectors, you only lose your individual tech stocks, the ETF would stay unaffected (in the long run at least), as it's tracking the top performing companies, not the top performing tech companies

[@LawrenceTimme]

Wow you only out in 5% and the employer gives you 12%. That's crazy. These employers are nuts.

[@MitchShoesmith]

Yeah if I’m honest I think I’ve always been a bit naive to it because it’s always been the same, never worked at another company since graduating so no idea what “normal” employer contributions are. I’m pretty sure it goes up to 15% employer contributions if I were to do I think it’s 8%

[@obscvre]

@@MitchShoesmith normal companies only match 3%, better ones maybe 5%, but hardly any would put more than you do, them matching 12% to your 5% is out of this world!

[@Allod7]

good time to ditch tesla from portfolio

[@MitchShoesmith]

Why?

[@user-si7fj5rh5u]

Where do you live, rented, parents??

[@MitchShoesmith]

Got my own place with my partner

[@MSecYT]

What made you bother with the "investment" property instead of keeping it in equities? Surely you're better off doing absolutely nothing for higher gains than getting £800/month and having to do all the crap that comes along with being a landlord on a property you're only paying off the interest on.

[@MitchShoesmith]

To utilise the money I have in my business account, to withdraw it and put it in an ISA I’d pay 40% income tax on it first

[@jaycordt8910]

You really should buy more ETH/BTC man! It's out performing all of your other assets combined 😂

[@runningman5871]

Are you worried about Labour setting a £100000 limit on ISA's? One of the Labour think tanks seems very big on this idea. I think it really stupid.

[@MitchShoesmith]

Yeh I think it’s stupid as well

[@MarketMobster]

Buy more Bitcoin.

[@MitchShoesmith]

Haha I've got enough for now, I'm not massively into crypto to be honest

[@XxBruce5002xX]

As a property investor, do you at least recognise how so-called "proverty investment" is destroying the UK?

[@joshuat1535]

How is it destroying the UK?

[@MatthewCooper-kn8ui]

do you have an instagram?

[@lisabrenda3620]

*I didn't become financially independent until I was in my late 40's, and I'm still in my 40's. In addition to having purchased my second home and earning money on a monthly basis through passive income, I've also achieved three out of five goals. I just hope this inspires someone to realize that it doesn't matter if you don't have any of these things yet, you can start today no matter your age. Change your future by investing! I made a rather big decision by investing in the financial market.*

[@reubenmezie9515]

Investing in many sources of income that are independent on government paychecks is the prudent thing that everyone should be thinking about right now, especially given the global economic crisis. Stocks, forex, and digital currencies are still good investments at this time.

[@KevinRichardhamsik]

Sure, investing is essential for maintaining your financial stability, but making any kind of legitimate investment without the correct advice of a professional can result in a significant loss as well.

[@AlexisAlexandra-sx6vh]

It's never easy investing in this current market

[@patrickthomas7944]

Get yourself a professional help.

[@tylerliam335]

Do you have any reputable recommendation?

[@belinda7073]

Is there ever a bad time to start investing in a S&S ISA if you’re investing for a 10 year period? People say we’re in a bubble at the minute with the ETFs etc. I’m unsure whether to start a S&S ISA, or pay into AVC alongside my government pension which I can take 100% of I tax free upon retirement. Also with an AVC you get an immediate uplift of nearly 40% because of the tax and NI savings.

[@LawrenceTimme]

The worst time to invest is, tomorrow, next week next month or next year. Because there is always some doomer saying its all going to crash tomorrow and we are in a bubble.

[@belinda7073]

@@LawrenceTimme very true. I just don’t know whether it’s best to invest in S&S ISA, or go down the AVC route with the local government. AVC’s give you an immediate uplift of around 40% due to tax and NI savings. Not everyone has the ability to use AVC’s so I’m interested to see which would be the best option.

[@MatthewCooper-kn8ui]

do you have an instagram?