Why Investing £100K Could EXPLODE Your Net Worth!

[@MitchShoesmith]

Happy Sunday guys!

[@Casey-summer]

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.

[@BaileyHoward101]

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.

[@sloanmarriott5]

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.

[@lilyhershey1]

@@sloanmarriott5 That does make a lot of sense, unlike us, you seem to have the Market figured out. Who is this consultant?

[@sloanmarriott5]

"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

[@Buffet-walton22]

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.

[@Abdul_Rahman86]

I don’t believe it’s £100k. For me it’s £25k. It felt hard to get to £25k. Than £30k was a lot faster, than £35k I focused on £5k increments. Before you know it I was on £65k. My personal experience: get to £25k at all costs!!!! Than focus on £5k increments.

[@Whizzer_]

I luckily inherited 65k and 8 years ago - now have 250k, all my via investments. Obviously I added to it regularly but nothing crazy

[@MitchShoesmith]

Love that!

[@Oldyellowbrick]

I know so many people who have inherited money and blown it, so well done to you!

[@davidtroberts8328]

I will be receiving an inheritance in the next few months, however my age is against me as I am 65 to really start in the way Mitch explains on his channel. But good luck to Whizzer 🤓

[@James-zu1ij]

Money grows at the same rate whether you have 10p or £100000 I.e. 10% per year. Compounding applies in the micro and the macro equally

[@rob-s9482]

Or goes down 10% in value sat in a bank account 😂

[@Mr_Stone1]

Yes but from an amount of [$monthly*12*100 / interest%] the interest you receive doubles your own monthly commitments and that's how the magic happens beyond that value. 100000 is an amount that gets the monthly interest into "half salary" territory, from which point it will start to overtake most peoples' saving abilities with significant contributions.

[@praxisodinson8378]

where in the world are you pulling 10% real value yearly in the middle of hyperinflation? you just mean the number in the account or something?

[@Alan7997]

I can't help feel that this labour government will say "Hold my hammer and sickle" at the next budget regarding ISAs and pensions.

[@marthasteward0]

I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Brooke Miller.

[@TaggeGust]

I'm surprised that you just mentioned and recommended Brooke Miller, I met her at a conference in 2018 and we have been working together ever since.

[@ReuletRikki]

The very first time we tried, we invested $1000 and after a week, we received $5500. That really helped us a lot to pay up our bills.

[@norbi147]

She is my family's personal broker and also a personal broker in many families I'm United States, she's a licensed broker and a FINRA AGENT in United states

[@SaadmaanShohid]

I'm new at this, please how can I reach her?

[@masterotrunks]

I just withdrew my profits a week ago, To be honest it was an amazing feeling when the profits hits my wallet I wish I could reinvest but, too much bills

[@AgileSnowWeasel]

And remember that £10,000 is similarly 27% of the way to £100,000, and £30,000 is around 50%, if the getting there is getting you down! I think most people would feel that £10k or £30k is potentially achievable in the shorter term even if they feel £100k isn't (which may put them off starting).

[@teryd5672n]

I invested 25k in a business and sold up 10 years later for a lot. Growth was far more than I imagined but risks were always high. Could have lost everything many times over.

[@BluesonichdUk]

last month my account reached $115k .. then the market blipped and now Im back to $85k 😭

[@MrG.42]

Similar here with different figures. I only check my portfolio every 6 months. Unfortunately the 6 month mark was 5th August. Down over £20k

[@Zack-ox9xf]

Unfortunately i think that will be a theme of the next few years

[@Bluearmy76]

If you’re under 45/50, put more in. Buy in at a discount

[@Zack-ox9xf]

@@Bluearmy76exactly what i plan to do👍🏼

[@gjn17]

Biggest culprit as well as boosting power of NVDA

[@Davis_F]

Interesting concept and well presented! I enjoyed the F1 analogy that you used. And speaking of cars, I've noticed in some of your other videos that you drive a Lotus. It would be interesting to hear your take on how much you think is justifiable to spend on a car and whether you're an advocate of buying a car outright/having it on lease, etc? Thanks!

[@arn9858]

Could u do the best 100k dividend portfolio?

[@adrianl5899]

For those doing own calcs, calc can be set to annual compounding frequency rather than monthly so to represent the average annual return.

[@drew_peabawlz]

Got to get the 100k first that's the hard part. Will say doesn't feel impossible but it's not easy

[@devmatharoo6789]

It’s all about starting early in life, if you don’t have a minimum of 10 years to invest then dont invest Time is money

[@MitchShoesmith]

@@devmatharoo6789 totally agree! Every £1 invested today is worth far more in the future if your time horizon is long enough 📈

[@GregBrammah]

Why? I'm 61 and started my first stocks and shares ISA in January. Currently, I'm approx 10% up on 14k invested. I know equities can crash, but they usually come back higher. The money is not mission critical. I have other savings. The returns on equities are seemingly somewhat higher than cash accounts. If the market drops big style, I'll just keep bunging more in and thus lowering my average unit cost.

[@MitchShoesmith]

@@GregBrammah sounds sensible to me Greg!

[@francesboyce3221]

I started about 4 years ago when I was 60 did not know about it before I enjoy investing never to late to start

[@joe77njcp]

i started investing 4 years ago at 41 years old .I went from 400 dollars to 1500 to 15 k today i am at 84 k . I get around 450 a month in dividends plus a put 200 a week out of my paycheck.I think I will get to 100k at the end of the year

[@MadeMan-m8w]

When you show your 100k in the beginning what is the last picture of zoopla

[@DomS77]

Great video, I’m hoping to achieve 100k invested in the next few years. Are you investing into a SIPP as well?

[@MitchShoesmith]

Hey Dom - as at this month yes, I’m in the process of moving my employer pension into my SIPP at the moment, I might make a vid on it!

[@ipkyoudaily]

@@MitchShoesmithplease make a video on how to do this please I’ve been waiting for a good UK SIPP based video so would be helpful!

[@MitchShoesmith]

@@ipkyoudaily noted!

[@marcwestby8343]

​@@MitchShoesmiththat will be good. I'm getting fed up with waiting for InvestEngine. 👍🏻

[@TROZJAN]

Yo yo yo quick question your still young or younger than me 43 since I’ve not got time on my hands my plan going forward is putting £16k into an etf every year with plans to put my other £4k of my isa allocation into 6-8 high div stocks with decent dividend returns hoping to keep this up till I’m 55 so hopefully with 15 years in div stocks it gives me enough yearly income. Now I will upmy £16k efts to £20k on top that I will add my annual div returns so gives me chance to add more than £20k to my eft till I reach age 60 when I plan to retire as I will get my army pension bye that time will also have 40 yr paid into my Strathclyde pension. But if div return are great those last 5 yr investing should boost my returns. But I’m pissed some astrophysics dude said theres a comets on collision course way earth passes close in 2036 when hit 55 so be pissed if we get wiped out. HAHA😅

[@nwkmadman2939]

With the compounding, you just invest your dividends? Is that correct, sorry if a silly question. Great video and enjoy watching every one

[@MitchShoesmith]

Hey - yes you can certainly add reinvested dividends to the compounding equation - just adjust the % annual return 👌🏼

[@davemaffitt1095]

You'll reach the 1 million slower surely? Getting taxed on your gains every year... this is the UK. They get their pound of flesh.

[@TROZJAN]

I put 200k into training. Part 212 mostly 5k into all stocks I’m interested in see there growth but put 100k into palantir for shits and giggles the volatile stock was cranked to the moon one day up 4/5k next down 2k fx the worse part as pound doing well against US $ at all time highs in 2/3 year if that takes nose dive gains would be crazy. Last week I put £2500 in real palantir stocks try make quick buck but took dip and fx conversion has been double whammy not need wait few weeks to claws cash out as need it, I’ve been going against what everyone’s saying don’t invest what you can’t afford haha but had intended to from say cash in when palantir dropped to $22 and kicking my self for not.

[@m88brc]

Is it best to have this £100k in 1x ETF - or is it ok if it’s spread out over say, 5 ETFs? (Meaning my portfolio is £100k total, but spread out across different ETFs) I’m trying to figure out if I am best with 1x ETF with 100k Or if it’s also fine having 5x ETFS with £100k split between them?

[@Lotrhome154]

Depends on risk and expected ROI on the ETF you choose. The saying is never put all your eggs in one basket, if they all go up 10% it will be the same result wherever you put it, if one goes up 2% and the rest 10% you’ll be glad you diversified

[@ayublimbada4349]

Hello Mitch, a quick question off topic. Do you think you could provide a video for the best Junior Sipp. Platform fees, buying and selling etf's index funds etc

[@shaunratcliffeguitar]

I've been getting my head around the beggining stages of investing in the S&P 500 for a while now and really the only question I have left is say I get retirement age and wish to withdraw my money (sell my stocks) do I have to pay tax on that money in the UK? and if so what is the most beneficial way of going about that when the time comes?

[@MitchShoesmith]

No tax is due if you’ve invested in a stocks and shares ISA account

[@platformx4627]

Hello Mitch, love the videos! I have a question. What do you think of high yield index funds that pay monthly dividends? I would be interested in what you think.

[@MitchShoesmith]

Hey! I guess it depends what your investment goals are - if you’re after income from your investments, it could be a very good strategy that’s aligned to your goals 👌🏼

[@platformx4627]

@@MitchShoesmith Thanks Mitch!

[@dominicbrennan2536]

Should I invest in a stock and shares isa or put it into a S&P 500?

[@MitchShoesmith]

Hey Dominic, a stocks and shares ISA is an account, the S&P500 ETF is an investment you make within your stocks and shares ISA account.

[@stephenhaynes603]

dont even want a million just half that would be kinda nice even 250 k would be quite amazing. sadly realistic figures are some what far from the mark even from an average investor stand point. i do believe in compounding in fixed rate bank bonds but investing unless you know the game can lead to heavy losses. if i said buy this it would be ETFs like the vusa and or the eqqq leave it grow for years to come adding per week small incremental amounts. this for me showed etf s while slow burners they do go up over TIME IN THE MARKET . and to add never put all your capital in the stock market . stay away from leveraged type investments. CFDS no thank you.

[@bensnell5396]

Why do you recommend Stocks and Shares ISA and Pension but not a LISA? Is it because of the much higher fees?

[@AgileSnowWeasel]

I'd include a LISA in the ISA section, however there are limitations on LISA use and if you live in London you might end up with a lot in a LISA you can't get the benefit from because of the cost of housing, so you have to choose whether to leave it until 60 or lose the benefit to get the money for your deposit.

[@TROZJAN]

My maths must be way off I’m calculating as if putting lumpsone in year beggining then times that way 7% so on so on think for next 4 year I can put 11k per year once mortgage paid upping that to 20k for further 13/15 yr as want to retire 60/62 not got the time to hit 20M unless I invested til 67/68 going by my calculations

[@urlcool]

Can I ask, if we join shareholder club will this be Financial advice. Just that ever club/group i joint seems to say they won't give financial advice, but as there a subscription is this ok.

[@MitchShoesmith]

@@urlcool no there will be no financial advice provided in the lab - the subscription is for community access and ongoing content which is for educational purposes and is not personalised advice.

[@urlcool]

@@MitchShoesmith Thank you.

[@MitchShoesmith]

@@urlcool no probs!

[@notwkrail]

Monger said a hundred thousand dollars. With the exchange rate thats 750000 quids innit.

[@Sushi-e5f]

Extra 0 😮

[@walkaz]

10% per year isn’t realistic through stocks and share

[@ceinanlawson5568]

Currently hold 25 shares in the S&P500 (vuag) and in profit… can’t make my mind up wether to sell and reinvest into the VOO? What’s everyone’s opinion on this ? Thanks in advance!

[@Oldyellowbrick]

Only reason to do that is if you are based in the US? They both track the same index but VUAG is domiciled in Ireland. VOO also pays out dividends unlike VUAG which is an accumulating ETF. If you are a UK/european investor but want the dividend paid out you would go with VUSA. Swapping to VOO as a British investor you likely subject to US withholding tax, which I don’t know a lot about because I personally wouldn’t sell VUAG for VOO.

[@Madmak121]

Should I convert my money gbp to usa to get there quicker

[@Kanecousins]

I currently invest in more than just the S&P 500 (growth stocks and individual holdings) shall I stick to what I have or just s&p? I’m currently very diversified

[@Sams_adventuress]

Hi, I’m 21 and have invested roughly 160k from my business yet still feel broke af as after inflation at say 4% and average stock market growth at 9% im essentially only growing at 5% a year? Any thoughts on this?

[@Mrade0161]

I’ve got the money (100k), but I turn 50 this year!, am I wasting my time in stocks and shares?

[@joeyoung334]

No definitely not

[@MitchShoesmith]

@@joeyoung334 I’d agree with you Joe!

[@kbsam533]

Lucky u can afford 700 to invest monthly

[@Cwizza_10]

Making money is the easiest thing ive ever done

[@simoncook1325]

I have 100K but 10K is in my emergency fund Should i put the lot in my Sipp or ISA so i have 100K invested. My living expenses are not very high,no mortgage etc living in Thailand so utilities etc very cheap

[@MitchShoesmith]

Hey Simon, I’d always keep an emergency fund on hand, just in case!

[@simoncook1325]

@@MitchShoesmith yeah I know you're right.Just be nice to see 100K invested Many thanks

[@shanewood6360]

I take it you like f1 😂

[@MitchShoesmith]

lol yeah, big fan!

[@luxurywildlife]

@@MitchShoesmithbloke who enjoys stocks and f1, makes himself one hell of a chap 👍

[@lajoneseditz]

Huh 100k is 27% of 1m i dont think it is 😂

[@notwkrail]

I know I know 75000 quids innit

[@Aspirational123]

Informative video bar the misattributed quote to Einstein!

[@praxisodinson8378]

wtf do ya even do with it once ya got that money,? everything is collapsing, the world is going to crap, petrol dollar is almost done and the euro and pound along with it as brics takes over, i don't really want to sit on a safe full of precious metals with a sh0tgon till things stabilize, if they ever do.. ...

[@D1sturbL1fe]

😂 literally watched 2 videos like this in the last hour scary coincidence

[@MitchShoesmith]

@@D1sturbL1fe KZbin algorithm doing its work 😂

[@D1sturbL1fe]

100 percent. You call it hammer time I call it crunch time

[@DanTheMan940]

What if you don't have 100k 😂

[@LiamDean-pg8us]

Have you even watched the video

[@MitchShoesmith]

Just keep going, I started with £400!