Really good advice, have a sub ! If I could travel back in time and give my younger self some advice, it would be this : don't waste time trying to beat the market by chasing hot stocks. It's a waste of time and nobody can do it consistently. Put everything you make into a low-cost Vanguard fund and then DON'T SELL, whatever happens. Hang in there, and let the market do its work.
@DamienTalksMoney
3 жыл бұрын
Lovely insight this and great to hear it from someone with the experience, Going to pin this comment for that reason. Thank you!
@awesomeboys5200
3 жыл бұрын
@@DamienTalksMoney what would be the best to invest on vanguard stock isa account for 50yrs + lad? I know its an advice and wont hold u to it 😊 thanks
@uknasa007
3 жыл бұрын
well said mate
@uknasa007
3 жыл бұрын
@@awesomeboys5200 i use vanguard to invest in S&P 500 (500 biggest companies in U.S) and U.S equity index funds (Mid to large cap companies in U.S). Cant go wrong with these but do your own research before investing
@ConorDoesItAll
3 жыл бұрын
@Gregory Braylon lies, deceit.
@Announcement2024
Жыл бұрын
Understanding personal finances and investing will most likely lead to greater financial independence. By being knowledgeable about money and investing, individuals can make informed decisions about how to save, spend, and invest their money.
@scazz007
4 жыл бұрын
Thanks for your reply and thank you for the content. I’ve just opened a vanguard Isa account and paid in £500. I bought the lifestyle 100 equity fund A acc. That was all down to the information in your video buddy. I’ve been trying to learn and your content made it simple and understanding. I did attemp to open an account in the past but got stuck with all the options available, I now understand more clearly and knew what I was doing when buying an investment. Your advice is priceless...👌👌👌💯
@DamienTalksMoney
4 жыл бұрын
Amazing comment! Thank you so much I started my channel as I felt investing seemed over complicated when really everyone should be able to do it. I'm so glad the video helped you out and was easy to follow! I'm going to pin this.
@scazz007
4 жыл бұрын
Damien Talks Money Thanks so much Damian. I’m glad I subscribed early and able to interact. This Means a lot buddy. 👌
@DamienTalksMoney
4 жыл бұрын
without people like yourself my channel wouldn't grow. So i will do my best to always make sure i respond to as many comments as i can! thanks again for all the support mate, really appreciate it. Damo
@DamienTalksMoney
3 жыл бұрын
Top comment for the Scazz! 14 likes and counting!
@scazz007
3 жыл бұрын
@@DamienTalksMoney Ahh FairPlay bro, that was then, feels like so long ago... all praise is yours Damo, you the man... Dam the man....nah that dnt work... You’re the man...👌
@tomclough349
2 жыл бұрын
Couldn't have asked for a more clear and easy to watch video on what can be a very dull and daunting thing to take in for a beginner. You really helped an awful lot with this video thanks a lot! 10/10
@DamienTalksMoney
2 жыл бұрын
You are very welcome Tom! Glad you found it useful
@James-bw1lw
3 жыл бұрын
Hi, I’m 17 and have been trying to get myself ready to invest when I can open an isa at the end of the year and am currently working a job alongside school. Most KZitem content creators tend to rave about the benefits of passive investing with no actual instruction on how to do it, however this has made it clear and simple and I am now much more clear on the path I’d like to take. Couldnt give any more thanks!
@DamienTalksMoney
3 жыл бұрын
My pleasure mate! thank you so much for this comment. You will go far starting at such a young age!
@benjamingroves1703
3 жыл бұрын
I read "Money Master the Game" by Tony Robbins a few years ago. Good book, but took about 600 pages to explain what you just told us in less than 20 minutes! Invaluable advice, probably the most important investment advice a young person could be given. Good work.
@DamienTalksMoney
3 жыл бұрын
Thank you so so much mate! really appreciate this comment.
@zbadgergamesz
4 жыл бұрын
Watching one of your videos a day makes me feel like I’m being productive in quarantine 🤣
@DamienTalksMoney
4 жыл бұрын
haha get yourself a stocks and shares ISA and throw in as much as you can afford!! even if it is a tenner a month. you wont regret it.
@zbadgergamesz
4 жыл бұрын
Damien Talks Money I wish vanguard had an app, I feel I’d be much more consistent then
@gm836
4 жыл бұрын
will burge same. I was quite disappointed when I found out that they didn’t have an app. But you can add their website to your home screen if you have an iPhone.
@deathsanguish4091
3 жыл бұрын
Great advice. I opened a Vanguard account to get a pension account and followed what you did to pension age. I'm going to close my NHS pension, I always close it when I change hospitals and spend the money immediately. Now I am going to put it in investments with the lump sum and pretend I still make the amount when I had the NHS pension to automatically put that in one of my investments. Thank you very much. I was so upset when I saved 1000 at my bank and only got 1p as interest
@DamienTalksMoney
3 жыл бұрын
So happy you are thinking about your future! Can’t wait to see how you get on
@deathsanguish4091
3 жыл бұрын
@@DamienTalksMoney Thanks so much for your videos. I would never had invested without it, as I found it confusing and my family members said it's too much of a gamble, they all save
@HarryRonchetti
3 жыл бұрын
Damien, you're truly great at explaining everything concisely and clearly. Thanks for all your videos so far! I'm now a Vanguard investor thanks to your advice
@DamienTalksMoney
3 жыл бұрын
Brilliant to hear and thank you so much for this feedback mate! Can't wait to hear how you get on.
@veejeanty477
Жыл бұрын
I don't normally comment but this i must say is the best video of explaining on youtube . Thank you and well done. its very clear to the point .Love it and now i finally understand
@DamienTalksMoney
Жыл бұрын
Glad it was useful for you!
@tamsinwood2
4 жыл бұрын
You're a genius! I've a Vanguard account and it's taken me months to understand. Thanks
@DamienTalksMoney
4 жыл бұрын
i went through the exact same confusion when i first started! glad the video helped. Let me know if you get stuck with anything else. Damo
@phosphorus5136
2 жыл бұрын
@@DamienTalksMoney Hi, can you set to automatic reinvest the dividends? (From Vhyl for example)
@karlwaring6953
2 жыл бұрын
After three months with a bee in my bonnet over wanting to start investing and hundreds of youtube videos and research it was this one today that truly explained what I needed to know to get started and I have made my first investment. Thank you Damien for the knowledge you present on your channel. I'm up and running. Loads more to learn and Im looking forward to it.
@yssa7324
3 жыл бұрын
Damien, thank you for sharing this amazing knowledge to us which you've made really simple for beginners like me to understand. I've been trying to learn about investing for months but your contents are the best ones I've encountered so far, you translated each jargons to a layman's term. With your advice and for what I've learned from your videos - finally I was able to confidently open my very first investment account with Vanguard. That is thanks to you 🙏🏼I still have a lot of your videos to learn x
@DamienTalksMoney
3 жыл бұрын
Amazing to hear! So happy I could help you in this way
@paulabartlett844
3 жыл бұрын
As I am due to retire in 24 years and I only have a standard basic work pension so i've been relaying on my house as a pension pot! I've just open my Vanguard ISA with a view of putting in £100 per month to see how it goes (to see if I lose) and if its ok to increase this amount. Before I found your video's I would never have dreamed that I could afford to buy stocks and shares, and I'd never heard of compound interest. Plus i never thought I might be able to have a tax free lump sum at retirement! Thank you for your great context.
@DamienTalksMoney
3 жыл бұрын
This is great! 24 years is a huge time frame also. so honestly you could have a sizable pot if you stay the course!
@jameselrick5759
3 жыл бұрын
As a man thats familiar with HL but wanted more information on Vanguard, I appreciate your honest content.
@DamienTalksMoney
3 жыл бұрын
Thank you very much James!
@drfurbz
3 жыл бұрын
Been wanting to get into investing for a while now, this is the first video that has actually explained everything in a way I can understand. Have a sub man really appreciate it
@DamienTalksMoney
3 жыл бұрын
My Pleasure! just glad i could help you get started.
@mialangley2388
2 жыл бұрын
Hi Damien, thanks for the great video. I want to start investing but with a possible recession looming would it be unwise to invest at the moment?
@liambracey6708
2 жыл бұрын
That’s the golden question Mia but I’d never try and time the market as I can imagine that you’ll always find reasons not to invest. Over the long term if you are in this for 10-20 years and more todays price will make almost no difference especially if you invest regularly. The difference even investing multiplies thousands today even if the market drops 50% will hardly be noticed. Especially if you treat this long term and never invest money you don’t expect to touch 👍.
@colbyryann2665
2 жыл бұрын
@Liam, I've previously attempted to time the market and even when I've actually timed it pretty well before a slight dip, as Jack Bogle said 'your emotions will defeat you totally' - I ended up missing the bounce back and most times would have been better off not touching my investments in the first place. Throughout 2022 I've really made an 'effort' to leave my investments alone, worst it got to was about -60%
@sebastianspiegler5801
2 жыл бұрын
The stock market is definitely the most awkward teenager with the wildest mood swings! I searchon Katherine using her full name and found her reachout-page, read through her resume, educational background, qualifications and it was really impressive. She is a fiduciary who will act in my best interest. So, I booked a session with her
@Planerary
3 жыл бұрын
This is an absolutely fantastic video, extremely easy to understand and well structured. I've been introducing my friends to the concept of passive investing for a while now and I'll be sure to send this to them!
@DamienTalksMoney
3 жыл бұрын
Thank you mate!! Really appreciate this and the fact you will share it
@Doraexplorer17
3 жыл бұрын
Honestly Damien, thank you for all your videos! I have watched a fair few now and sub'd. You word everything so well and kept me entertained. I can know say I have opened up a Vanguard account after a year after I considered investing... just wished I came across your channel sooner! Went for Life strategy 80/20 and S&P500! Thank you again
@DamienTalksMoney
3 жыл бұрын
Hi Stephanie! thank you for this lovely comment. So glad i could help you get started and can't wait to hear how you get on. The key is consistency and thinking long term. Damo
@DamienTalksMoney
4 жыл бұрын
Any questions? Leave them below.
@rikhil_8818
3 жыл бұрын
Hi I’m 18 looking to start this journey of index funds for the long term. Looking into vanguard LS100 as it’s really passive and diverse. However most the investors I see on KZitem eg) Graham Stephen, Ali Abdaa. All just have a 3 fund portfolio which is mostly the S&P 500 I’m not sure on which stradegy go for? LS100 Or 3 fund portfolio with S&P makikg up the majority BTW ur contents great
@dredman5226
3 жыл бұрын
Hey man from the UK and I'm just starting out, I'm looking to day trade, mainly scalp/swing trade I have my analysis platform already and watch the markets everyday (mainly NYSE & NASDAQ) I'm just looking for a reliable, easy to use, quick execution of trades, broker platform, can I use vanguard to day trade? I'm also looking at IG
@juliechoudury6912
3 жыл бұрын
Hi, I've been thinking about learning about investing for a while. Your videos are very useful, thank you
@DamienTalksMoney
3 жыл бұрын
Hi Julie! Thanks so much for taking the time to leave a comment. Really appreciate it! Anyone can invest you don't need to be a genius!
@AndrasRemenyiACCA
2 жыл бұрын
After many videos. Finally someone actually shows how one of the investing website works.
@DamienTalksMoney
2 жыл бұрын
You are very welcome!
@iphone6552
3 жыл бұрын
Because of you, I now know what ftse 100 means! A term that has flown over my head for 50 years. Thank you
@DamienTalksMoney
3 жыл бұрын
Amazing!! so glad i can break down these walls for you
@DT11acs
2 жыл бұрын
I'm almost 60 and I just took the plunge thanks to this video. Thanks for making it seem not so daunting....
@DamienTalksMoney
2 жыл бұрын
Yes! Well don't for getting started keep me updates on how you get on
@DT11acs
2 жыл бұрын
@@DamienTalksMoney Hi Damien, Lost 5.35% of an initial £4,000 investment in the first 3 weeks. Should I be worried?
@DamienTalksMoney
2 жыл бұрын
@@DT11acs watch my latest video
@ElBlancoFinance
4 жыл бұрын
I just started working in asset management and look at these on the daily. Your video is spot on👌
@DamienTalksMoney
4 жыл бұрын
Glad you like them!
@jamous3226
3 жыл бұрын
i opened the wrong account because i couldn't find any information on what account to choose ! good job i found your video !
@DamienTalksMoney
3 жыл бұрын
Glad you found it to!
@annabellebatchelor476
3 жыл бұрын
This was super helpful! I was confused by the layout and the different parts of the overview screen - so THANK YOU!
@DamienTalksMoney
3 жыл бұрын
You're very welcome! I got a little lost when I first started using their website haha
@kevinomalley1521
3 жыл бұрын
Mrs & I opened our Vanguard acc today and stuck £500 into the LS100 fund. We're 34 & 37, wish we'd started earlier but better late than never! I'd like to diversify the "re-balancing" of my overall funds each year by re-buying into different funds within Vanguard to suit the lay of the current land etc. Right now I dont have the knowledge base to do that effectively so I'll just plough into LS100. Look forward to more of your account, keep it up, channel is sure to grow nicely in the months & years to come.
@DamienTalksMoney
3 жыл бұрын
Reading this comment you certainly don’t sound like you don’t know what you are doing! You have grasped supplementation of LS100 straight away, I currently balance mine with some snp 500 to get greater exposure to the tech giants. For the record you are not old! Everyone wishes they started sooner. You will be laughing in ten years Damo
@shyamkanjee6409
3 жыл бұрын
Seriously it's ridiculous how good of a video this is. Literally feels like it's worth £200, and you're putting this video on youtube for free. Thank you man, I wish you the best in life. May I ask you, do you have to have a minimum amount you have to invest into the index funds each month? Like £100. Because currently, I feel comfortable just doing £50. Again, great content!
@DamienTalksMoney
3 жыл бұрын
Thank you so much mate! love this feedback. really appreciated There is no minimum amount! you can invest whatever you like mate
@shyamkanjee6409
3 жыл бұрын
@@DamienTalksMoney Thanks for your help. Keep up your great work, you'll have a million subscribers in no time!
@stellaapostola2939
2 жыл бұрын
Dear Damien thank you so much i ve been trying many months to find the way to start investing and you explained everything with details.You have a ''charisma''talent as we say in Greek.Keep going you do fantastic job here!I watch your videos back to back!
@DamienTalksMoney
2 жыл бұрын
Thank you so much for this lovely feedback! Honestly great way to start my weekend.
@alisonforrester4612
3 жыл бұрын
Damien, Thanks so much for this video. It's so clear and well explained. I invested £1000 today. I love your channel, excellent filming, lighting and editing.
@DamienTalksMoney
3 жыл бұрын
Hi Alison! Congrats on your recent investment! Thanks so much for the lovely feedback! Really appreciate it. Let me know if you have any questions. Damo
@alisonforrester4612
3 жыл бұрын
@@DamienTalksMoney Id like to know your opinion on ‘investing apps’ like Trading 212 and eToro if you haven’t done a video already? I’m new to your channel so you may have.... Thanks
@tommy43211234
3 жыл бұрын
Just opened up a vanguard account after umming and ahing for months. Thanks for your clear and solid advice. It made me feel confident in the process!
@DamienTalksMoney
3 жыл бұрын
Glad it helped!
@holliepanther
3 жыл бұрын
Hi Damien! Love your videos, they're SO helpful... Please could you do a video on Vanguard's various fixed-income funds / bonds, as their titles are flummoxing! Assuming, that is, that you might consider them as a safer than index fund, short-to-medium-term investment that has a better return than Cash ISAs in 2021...
@DamienTalksMoney
3 жыл бұрын
Great suggestion! I will defo cover these.
@regtalkswealth
3 жыл бұрын
I'm really liking what Vanguard are offering I had been buying them on Trading 212 but now I'm going to switch to their website and do it direct
@DamienTalksMoney
3 жыл бұрын
Vanguard are excellent!
@regtalkswealth
3 жыл бұрын
@@DamienTalksMoney I've seen a good amount of your videos and I've to say your very thorough and informative I particularly enjoyed the one about the investment ISA when I have a bit more time I will deep dive into all the content you've on them and do some research on the website to get well versed in them before I begin building my Portfolio properly thank you for the knowledge
@raynsmith3635
4 жыл бұрын
Where there’s smoke there’s a flamin’ Damo! Helpful old friend thank you!
@DamienTalksMoney
4 жыл бұрын
This is going to sound exceptionally random if it isn't the case and i am sorry for that. But did you ever work at Brantano footwear and spend a lot of time eating humus and talking about a business centred around online raffle's with me?
@raynsmith3635
4 жыл бұрын
Sparking Mark and Flamin Damo was our names, I’m not sure what was our game though ;)
@DamienTalksMoney
4 жыл бұрын
Rayn Smith hahahaha yes!!!! Amazing. Honestly the comment was so cryptic and then I went onto your profile and saw crown the dog king and that just pulled something deep out of my mind! Knew it was you. How are you mate!?!? You are the first person from my life who has discovered my channel! surreal moment... Kept it off my social media for now until it is established.
@raynsmith3635
4 жыл бұрын
I have been sorting out my finances and your vids popped up. They are fantastic and you got to keep going mate! Your insight into Vanguard and other long term strategies is so clear and well communicated!
@DamienTalksMoney
4 жыл бұрын
@@raynsmith3635 That's amazing! Honestly i had tried to dig you up on Facebook and insta a couple of times over the years to see how you are doing but couldn't find you. Thank you KZitem algo for doing its bit! Bet that was a bit of a shock to see my face on your home page. Glad you like them mate! plenty more stuff to come and if you ever need anything just drop me an email or DM ill ping you my mobile number. Flamin Damo
@makesaveinvest1401
4 жыл бұрын
Vanguard is so big!! They build a big name!! Buying and holding for the long run seems very achievable way to generate wealth!! Great video my friend!!
@DamienTalksMoney
4 жыл бұрын
Thank you! We can all try chasing get rich quick. but we should all be allocating a portion of our savings to a long term strategy such as this.
@alexandrosbarmpas539
3 жыл бұрын
Best video for vanguard I’ve seen so far. Amazing job Damian. I have a few questions though.. why did the lifestrategy 100% is better than just the S&P 500 for a beginner? Also at 14:32 I can see that you have invested in 2 funds and I can see the “cash” which is 47.79, that means you clicked something in the cash section before you open your account? Thanks you in advance mate! Again great job!
@DamienTalksMoney
3 жыл бұрын
Hello mate! I don't think LS is better than S&P LS is just more diversified, the LS funds still contain S&P as well. The cash on balance there is likely either from dividends or i store cash on the platform to buy when markets dip. Hope that helps mate!
@zachbaxter8984
4 жыл бұрын
Excellent video Damien, I have started my own account on Vanguard thanks to you!
@DamienTalksMoney
4 жыл бұрын
Glad to hear it! in my opinion, making that commitment to set it up and throw a bit of money in there every month and never touching it. Is one of the best things you can do for your future self. I appreciate the support Zach.
@jessesheriff5047
3 жыл бұрын
Brilliant video Damian, thank you for taking the time to produce!
@DamienTalksMoney
3 жыл бұрын
Hi Jesse! No problem at all! Thank you so much for taking the time to let me know you enjoyed it. Damo
@lacuzy31
3 жыл бұрын
Oh dear your videos are so detailed and simple. I really want to invest and have no idea how to go about it or where to start. You made it sp interesting to start. Thank you
@DamienTalksMoney
3 жыл бұрын
You can do it! Thank you so much for commenting and watching.
@pikakshimanchanda
2 жыл бұрын
Hi Damien! Thanks so much for the video - you made it so easy to understand for a beginner like me. I wanted to know if there's an option for selecting a timeframe (such as 5 years or 10 years) when investing in the stocks and shares ISA or does long term means as long as we want and we can "cash out" any time? Apologies in advance if my terminology isn't correct - I'm still a newbie and watching more of your videos to learn. Thank you so much. Please keep making more such content - its super helpful.
@DamienTalksMoney
2 жыл бұрын
You can cash out anytime you like!
@EuanCopeland
4 жыл бұрын
Nice one man!! Vanguard is super confusing at the start but it’s one of the oldest brokerage and I love their ETF’s!! Super informative video Damien 😊
@DamienTalksMoney
4 жыл бұрын
Thanks Euan!
@stanleybadger3515
3 жыл бұрын
Great video! How good is vanguard when it comes to their customer service? I tried giving them a call recently to discuss ISA options but was left rather disappointed. Also how quickly can you disinvest from your portfolio? Thanks S
@DamienTalksMoney
3 жыл бұрын
Hi Mate! I cant vouch for the customer service as never needed to speak to them. I used to use HL and I will say there call centre was amazing. Selling out your investments is really quick, from clicking the button to sell to having the money in your account i would say takes 4/5days.
@No_Frills_Carnivore
3 жыл бұрын
@@DamienTalksMoney hello.. can you point me in a direction for investing? I have no clue, but I would like to earn a passive income somehow..?
@tomdumbleton6470
2 жыл бұрын
Thanks for this Video Damien! After investing in Crypto for about 2 years, I thought I had better diversity my portfolio a little. Just opened a Vanguard account (thanks to this video!) and subscribed the channel. Thanks for your help!
@roronoa786
3 жыл бұрын
Hey there Damien, wonderful video brother, I really appreciated it! I have a question, if I were to invest with Vanguard as you explained to us, would the Stocks & Shares ISA rules apply? So would I be taxed on the capital gains if I were to invest with Vanguard on the LifeStrategy 1000% Equity Fund? If I recall well, Stocks & Shares ISA rules say that your first £2k of 'profit' is free of tax, would that apply here too?
@DamienTalksMoney
3 жыл бұрын
if you use Vanguard ISA then no tax. But if you use the general account you would incur tax.
@chantelleduncan1
Жыл бұрын
Thank you soo much!! This is the most easiest video I've watched since trying to navigate my way with investing.
@jamieread10
3 жыл бұрын
Hi Damien. Great video, thanks. The ETF/index fund I'm interested in is listed as 'VOO' on the US vanguard. It's basically an S&P 500 fund, but I'm from the UK, so have looked at the equivalent and I think it's the 'S&P 500 UCITS ETF'. Am I right? Thanks, Jamie
@DamienTalksMoney
3 жыл бұрын
Yes that is correct or VUSA
@Rich-ls5mm
3 жыл бұрын
Good video. It definitely helps to understand better where you are showing it on the screen, while explaining what it all is and breaking it down bit by bit.
@DamienTalksMoney
3 жыл бұрын
Thank you Richard! Appreciate the feedback.
@stephaniemakda4951
3 жыл бұрын
Hi Damien. I've just started investing (short and long-term) and love your videos. Are the indexes that Vanguard UK offer different to the ones found on the US website? I follow a few investors based in the States and cannot find the indexes or ETFs they suggest on the UK platform such as VTI, VOO, VUG, VTSAX)? I hope this makes sense. Thank you!
@DamienTalksMoney
3 жыл бұрын
Hi Stephanie! the name you give there are the Vanguard short form of the full name that only apply to ETF versions I believe. But yes we have the same types of funds doing the same thing they just have different names. You could always google the name of the American fund, see what it tracks then buy an English version that does the same. If you haven't already watch this video: i break down the names more here: kzitem.info/news/bejne/pn-b22iVcJZ6f6g hope that helps Damo
@stephaniemakda4951
3 жыл бұрын
@@DamienTalksMoney Thanks so much! I'll definitely look into these.
@lukasg6254
3 жыл бұрын
I have seen Vanguard here and Vanguard there, I have put some money into Vanguard. But what is it, how does it work, is it worth it. Damien as always talks money!! Thanks for this clear explanation. I am jumping into next Video!
@DamienTalksMoney
3 жыл бұрын
Hahaha love this comment!! Thank you so much mate
@lukasg6254
3 жыл бұрын
no worries M8. Your videos are very informative and on point. Keep the ball rolling. Well done you. Waiting for the next one! ;)
@lucassimm9258
3 жыл бұрын
Hi Damo, Absolutely love the videos and appreciate all the help. It has me investing at 19 and understanding what a great opportunity it is. I was wondering how dividends are paid in the ‘non income’ funds that are not listed as accumulation? Thank you, Lucas
@DamienTalksMoney
3 жыл бұрын
Hello mate! So all that means is the dividends are reinvested back into the investments for you. Meaning your investments grow
@JoseRojasYT
4 жыл бұрын
Spot on breakdown Damien, I love using Vanguard here in the US, they have some of the best, low cost ETFs. New sub and happy to support a fellow small KZitemr! Your production quality is phenomenal, nicely done.
@DamienTalksMoney
4 жыл бұрын
Hi Jose, thank you for the comment! amazing my video has reached you in the US. really appreciate the feedback, on my way to your channel now.
@giannisbakis4630
3 жыл бұрын
Thanks you ve just earn a subscription because you re the only one actually explaining thinks in a simple way!
@DamienTalksMoney
3 жыл бұрын
Love this feedback! so glad i could make it clear for you. Damo
@giannisbakis4630
3 жыл бұрын
@@DamienTalksMoney one more question i wanted to ask mate, im thinking of starting investing like 100 a minth to life strategy and im only 25, what would you advice me to go with? I was thinking 80% or 100%
@DamienTalksMoney
3 жыл бұрын
Let’s put it this way, I am older than you and Personally I just invest in stocks so the 100% I see bonds as something I will approach when I reach older age.
@giannisbakis4630
3 жыл бұрын
@@DamienTalksMoney thanks a lot matey, your videos are really helpfull btw, i ve wathced almost all of them Thanks for the content and info
@CandyFloss162010
3 жыл бұрын
Thank you so much for putting together such an informative and easy to follow video :) I've set up an ISA account with vanguard and invested £2,000 in their 100 % equity fund. Just waiting to get verified and for the funds to settle now. I wish this information was readily available to me when I was younger and making a lot more money but i'm only 27 so plenty of time still !
@DamienTalksMoney
3 жыл бұрын
You have loads of time mate!!! your so young in the investing world. You will do great
@CandyFloss162010
3 жыл бұрын
@@DamienTalksMoney Thank you so much for your kind words
@TherzonlyJuan
4 жыл бұрын
Very helpful. Investing has always seemed like a minefield so I’ve avoided. But you cut through all of the BS and made it understandable. Wish I had info of this quality years ago. Keep up the good work pal. Liked & subscribed.
@DamienTalksMoney
4 жыл бұрын
So glad it was useful! Really appreciate this feedback so thank you. Durham north east? If so I went to uni there. Well I was based in Stockton... haha
@TherzonlyJuan
4 жыл бұрын
Damien Talks Money You’re welcome mate. Yeah up north...god’s country 😄. I’m ten mins away from Durham Uni and have friends in Stockton. Small world huh. Look forward to future videos. Keep up the great content, really appreciate them.
@MrAzFitness
4 жыл бұрын
Damien, you are a good egg mate. This video answered all my questions, made me laugh and reduced my crippling anxiety about investing by around 10% You get a gold star, a like, a comment and subscription. Keep up the good work 👍🏼
@DamienTalksMoney
4 жыл бұрын
Haha I enjoyed this comment! My crippling anxiety relates to me trying to be funny on KZitem and it falling flat... so your comment has gone along way to reducing that! My next video is going up tomorrow and in it i speak about the risks with investing and why you shouldn't be so worried. lets see if we can shave another 10% off! Thanks for taking the time to watch. Damo
@geeano9232
2 жыл бұрын
Great breakdown video Damien - I watched loads of videos on this same topic full of complex jargon and strong opinions that don’t explain much. Loved what you said in a previous video about pretending to make accessible things hard to create a sense of superiority - spot on and you do the opposite
@atul9380
3 жыл бұрын
Great walkthrough of this popular investing platform. I suppose without an app we need these guides to understand the Vanguard site so really impressed with your no nonsense runthrough. You've got a new subscriber.
@DamienTalksMoney
3 жыл бұрын
Thank you so much mate! really appreciate this feedback.
@martincalk7451
3 жыл бұрын
Excellent. Spent ages looking before opening a Vanguard account and your videos are great in understanding how to navigate the site. Have you done any videos advising people over say 60 what to invest in?
@DamienTalksMoney
3 жыл бұрын
Hello Martin! thanks for watching. I haven't yet... but I will be soon!
@firstnamelastname23
4 жыл бұрын
So rare to watch a video with such rich, concise content without the clickbait. This channel's going to blossom. On a side note, the vanguard s&p 500 etf looks like a promising investment. Would you recommend using vanguard or trading 212. Seeing as there are no fees on the latter, does that make trading 212 superior for etfs? Be great to hear your thoughts on this.
@DamienTalksMoney
4 жыл бұрын
Andrew thank you so much for your feedback! Really appreciated. As it currently stands for ETFs the likes of Freetrade and trading 212 are more attractive offerings than Vanguard. Vanguard do offer a feature where you can buy ETFs without a dealing fee but with this , it is a bulk purchase price once a day, so similar to an index fund. If you want ETFs personally I would be using 212/freetrade as it stands, just watch out for any other fee’s such as isa membership fees and such, as these can really hurt long term performance, especially if your not investing thousands a year. Hope that helps! Damo
@firstnamelastname23
4 жыл бұрын
Thanks for the response. In fact, I came across your free trade video just now and found out about the ISA fee! I'm still finding my feet in this whole new world of index investing under an ISA wrapper so it's probably not worthwhile spending £3 on month their platform at the moment, as it is relatively higher in comparison to the annual account fee + ongoing charge for vanguard (correct me if I'm wrong here). For now, do you think I should just stick with the vanguard stocks and shares ISA for s&p500 etf? Im also planning on taking a dip into the lifestrategy 100% after this video too!
@DamienTalksMoney
4 жыл бұрын
First of all thanks for taking the time to watch a few of my videos! To give you my perspective on your question. In my opinion Freetrade only makes sense once you get to around 10k in holdings if you are using their ISA. I actually just use freetrade to pounce on short term opportunities, such as the ones the recent pandemic has presented and i use their general investment account for this, not their ISA. The thing is you can transfer your ISA to another provider or just set up a new one with a new provider at the start of each financial year. So your decision isn't final, I have a stocks and shares ISA with 3 different providers, The benefit to that is the Financial services compensation scheme covers me up to 85k with each provider in case they go bust (even if i feel this is highly unlikely) it is still good to have. Also each year I can then change strategies. 1 year I can focus on building my index funds with Vanguard, the next i may focus on individual companies with the likes of Freetrade or 212. You are not committed to 1 provider forever just for that financial year due to the way the ISA rules work. Vanguard in my opinion, is a great place to cut your teeth and the 100% strategy is the most diversified single purchase investment option I can find. You literally get everything in just that 1 purchase (this is where most of my money will go) With the the SNP ETF on Vangaurd, you could buy that just don't buy it on the live price which costs £7.50 per trade buy it on the fixed day price, or Vanguard have an SNP 500 index fund, which is basically the same thing. It is also worth noting the 100% life strat includes this SNP 500 ETF. So by buying this you are getting all of the businesses in the SNP 500 anyway, so by buying the SNP 500 ETF separately as well as the 100 life strat, your effectively doubling up on those businesses or another way to think of it is you are betting on them twice. Go on here www.morningstar.co.uk/uk/funds/snapshot/snapshot.aspx?id=F00000MLUS&tab=3 Click portfolio on the side and scroll down to the section that says Holdings. you will see the SNP 500 ETF is included in this 100% life strat. the 100 life strat is a fund of funds, it basically has all the Vanguard funds and ETFs in one place. With investing the most important thing is consistent contributions over the long term. Don't worry about getting the absolute perfect brokerage at this stage you can always switch! but for me if your investing say £100 a month then that £1 fixed Freetrade fee is expensive and basically handicaps your gains. Sorry for the long rant! as the name of my channel suggests, i like to talk about money and can often ramble! Let me know if you have any other questions, happy to give me opinion on them all. Damo
@firstnamelastname23
4 жыл бұрын
@@DamienTalksMoney this is incredible information, thank you so much for your time!
@firstnamelastname23
4 жыл бұрын
@@DamienTalksMoney looks like I'll stick with vanguard for now and invest consistently in their life strat and SNP!
@matthewtucker621
2 жыл бұрын
Hi Damion ( new sub ) thank you for breaking this down for us, I’m completely new to this I’m 23 and I’m trying to think about my future this video has really helped me! Thank you
@DamienTalksMoney
2 жыл бұрын
You are very welcome Matthew! Welcome to the channel
@KingKong-rb6xj
3 жыл бұрын
Thank you so much for this, I’m a lot older than you but you have inspired me into doing this!
@DamienTalksMoney
3 жыл бұрын
Never too old! I will be investing until the day I die. Let me know if you need any help!
@KingKong-rb6xj
3 жыл бұрын
@@DamienTalksMoney thanks so much! After doing my research I think vanguard Uk is a good platform to trade in and the ISA stocks and shares is the obvious starting point. I think s&p 500 index funds looks good, as I’m based in the UK would the ftse 100 be a better starting place? Also the mix between bonds and capital, as a 45 year old starting out, what are your thoughts on the mix, say 80% capital and 20% bonds to start off with? Many thanks
@DamienTalksMoney
3 жыл бұрын
@@KingKong-rb6xj I think you best investing where you believe will do well in the next ten to 20 years. I invest in both the S&P and the ftse 100. Bonds are a good tool for reducing risk as they water down your exposure to equity, but this benefit comes with the fact you limit you upside somewhat. It all comes down to how risk adverse you are. As a relative beginner myself looking to grow my funds as much as possible I personally don’t hold any bonds.
@KingKong-rb6xj
3 жыл бұрын
@@DamienTalksMoney great thanks Damien, take that on board and really appreciate your response and help! Needless to say I have subscribed. I personally enjoy things broken down and explained in simple terms which is why I thought this upload was great so look forward to more of your insights!
@matthewparkes2336
2 ай бұрын
What a fantastic Video, thank you and now i saving and saving for my 3 year old
@girlygirly78
Жыл бұрын
Your videos are soo helpful, I'm just getting starting in the world of investment and your videos make it easier to understand. Appreciate your videos man 🙌🏾💯💯
@danharrison9907
3 жыл бұрын
Really enjoyed this video, simple, clean and to the point. Keep it up.
@DamienTalksMoney
3 жыл бұрын
Thank you so much Dan! Glad it was useful
@irvine175
3 жыл бұрын
A year ago I helped two friends setup lifestyle strategy funds. They both sold everything right at the bottom of the dip. I don’t think managing you own investments is for everyone.
@DamienTalksMoney
3 жыл бұрын
Ahhhhh classic error! If they had bought instead they would be laughing now. Your user name just makes me sing good vibrations...
@donnymcl4234
2 жыл бұрын
Thank you Damien! I have only just began my research into investing in index funds and was rather confused. However although I have not set up my account or began to invest as my knowledge is very very limited I appreciate your easy to digest information and examples. I plan to consume your content and progress with my learning so I can begin to invest shortly after crimbo. Thank you 🙏🙏
@DamienTalksMoney
2 жыл бұрын
Amazing comment! Thank you so much and welcome to the channel. Let me know if you need anything
@donnymcl4234
2 жыл бұрын
@@DamienTalksMoney I appreciate that, thank you 🙏
@jamiey3751
3 жыл бұрын
Clear and concise information, just what I’ve been looking for, thank you! You have a new sub!
@DamienTalksMoney
3 жыл бұрын
Thank you so much mate!
@christopherphillips4198
9 ай бұрын
On their website they talk about FSCS and then there is another link about them becoming insolvent and that all your money is safe. It would be great if you created a video explaining the difference
Thanks Damien. I'm the wrong side of 55 but I'm 'going for it'' all the same. Great Channel! 👍
@DamienTalksMoney
2 жыл бұрын
Chances are you have decades in front of you mate. So going for it is more than sensible! Cant wait to hear how you get on
@TradingWithCJ
4 жыл бұрын
Nice overview mate, Havent used vanguard myself, I invest in their etfs though through other platforms
@DamienTalksMoney
4 жыл бұрын
Cheers CJ, Yeah the free trading platforms have made ETFs even more attractive now.
@JordanTalksDeals
3 жыл бұрын
Another great video Damien, thanks so much for this, I feel I understand Vanguard a lot more now!
@DamienTalksMoney
3 жыл бұрын
My Pleasure mate!
@alf3392
2 жыл бұрын
Cheers fella, you've helped me out a lot here. Very clear and coherent when explaining. Keep up the good work! :)
@DamienTalksMoney
2 жыл бұрын
Thank you! Glad it helped
@Bigtinycrawler
Жыл бұрын
I wish I saw this 10 years ago. I'll be doing everything you said this weekend. I'm 40 so only 25 years left to accumulate something worth having
@DamienTalksMoney
Жыл бұрын
That is loads of time!
@Bigtinycrawler
Жыл бұрын
@@DamienTalksMoney do you think this is a better option than pitting 500 extra a month onto our mortgage/buying a second small flat to rent out over the long term?
@hemghartimagar4364
4 жыл бұрын
Hello Damien, really enjoyed the video. Very well put together and informative for a beginner. Subscribed and I look forward to watching your other videos. All the best mate👍
@DamienTalksMoney
4 жыл бұрын
Thank you so much Hem! Really glad you enjoyed the video Thanks Damo
@GenZInvestor
4 жыл бұрын
I love how you explained it all! Looking forward to your next video!
@DamienTalksMoney
4 жыл бұрын
Glad you liked it!
@Fredd165
3 жыл бұрын
Hey Damien. Very useful video. I currently have a SSISA with T212 which I will continue to fund but in the next tax year I will open a Vanguard and actively fund that leaving my T212 inactive and left to grow
@DamienTalksMoney
3 жыл бұрын
It is good to build those multiple pots with different platforms. I switch brokers year to year, Just to keep it fresh, and build up those pots.
@TrentDressel
4 жыл бұрын
great lighting and content man! I personally love VOO, along with some other vanguard ETF's - keep up the fantastic content!
@DamienTalksMoney
4 жыл бұрын
Love there ETFs especially with the free platforms now making them very attractive.
@UniQuEJoKerZ
3 жыл бұрын
Top quality content. Feel like I’ve learnt a lot, thanks mate
@DamienTalksMoney
3 жыл бұрын
Amazing to hear mate! Thank you
@Beny123
3 жыл бұрын
Thanks Damien! A much needed information at the right time .
@DamienTalksMoney
3 жыл бұрын
My pleasure Ben!
@harryoc51
2 жыл бұрын
Brilliant advice - thanks so much for your help and clear explanation. Really appreciate this video.
@DamienTalksMoney
2 жыл бұрын
You are very welcome mate!
@anastasiatempest2372
3 жыл бұрын
Damian, excellent, I listened to the end,a bit fast though.💜👩🏽🦼
@DamienTalksMoney
3 жыл бұрын
Thank you!! Sorry if I talk too fast haha
@DreStev
3 жыл бұрын
Damien, thanks for this excellent video. Have a sub mate. Can you cover a video on having to sell holdings to make a withdrawl and any penalties which would be incurred. Think it would be useful as we all have rainy days. Cheers
@bekindandmerciful5145
Жыл бұрын
this is fantastic advice in a clear simple way. brilliant well done
@mikedavies8446
3 жыл бұрын
This video is awesome mate. Exactly what I needed keep up the good work!
@DamienTalksMoney
3 жыл бұрын
Thanks mike!! Really appreciate you taking the time to leave a comment
@jakkuwolfinsomnia8058
Жыл бұрын
Thanks Damien, appreciate it. You’re a great educational resource for financial services and investments 👍
@theMasion
2 жыл бұрын
This is great. Just wondering any plans to do a Fidelity platform tutorial/ review? I ended up choosing vanguard for my SIPP/ S&S ISA as web site easier to nav and good phone lines, heard fidelity need physical paperwirk to set up accounts too... Kepp up the great work Sir!!!
@DamienTalksMoney
2 жыл бұрын
Hello! I will look at Fidelity for sure, I have never used it personally so that is why i have not reviewed it yet
@jethrothefox
3 жыл бұрын
Love your dialogue, explanation and dry humour :D
@DamienTalksMoney
3 жыл бұрын
Haha yes Luke! Thank you so much mate. love this comment
@ivanahappiness
3 жыл бұрын
Great video, so clearly explained and easy to follow for the beginners like me 😁
@DamienTalksMoney
3 жыл бұрын
Great to hear!
@harrisonfell9659
4 жыл бұрын
Cool platform, simple and easy as to use. Hundy a month is the one for now. Any gain is good gain! Cheers Damien!
@DamienTalksMoney
4 жыл бұрын
All the gains Harry! start small lad and build from there. Future Fell wont regret it
@MissAppleCubes
5 ай бұрын
Thanks for the video, as this is more investing to take out later in life as retirement what would be advised if I wanted to put in money to grow it and then take out and use in this current moment?
@daringcow
3 жыл бұрын
Fantastic content and very good clear explanation. Subscribed.
@DamienTalksMoney
3 жыл бұрын
Thank you! welcome to the channel
@diveguy4291
3 жыл бұрын
Great video, thanks, can't get over how much you resemble Luke Skywalker tbf
@DamienTalksMoney
3 жыл бұрын
The force is strong in my family.
@nickyke8058
3 жыл бұрын
Hi Damien, I'm watching from Kenya. I've done some research and can't get a working index fund platform in Kenya. So since your channel is growing, can you share some index funds platforms that work across all countries. I love your work. Thank you
@DamienTalksMoney
3 жыл бұрын
Have you looked at etorro as a platform? They operate it a lot of countries.
@redallthway2311
3 жыл бұрын
Awesome! Great deal of information presented which is really helpful. Cheers Damien
@DamienTalksMoney
3 жыл бұрын
Thank you!!
@JosephMannion
3 жыл бұрын
Amazing video, you've helped me a lot, I've never subbed so quick to a channel. Thanks!
@DamienTalksMoney
3 жыл бұрын
Hahah yes! Amazing, So gad the video was useful and thanks for the sub mate
@dhanyastephen8576
2 жыл бұрын
you’re SO helpful! Thanks so much for explaining it so well
@DrMatthewhannah
2 жыл бұрын
hi Damo, probably too late to get a response but now that you're full-time thought I would give it a go 😉. At 13mins in you show your overview screen (not flexing) and i see that you have 3.3K invested and 4.1K in cash. 🤔Why hold so much cash? I would have thought that you would want most of that to be in the investment box. I've just opened an account yesterday (inspired by your channel!) so now I understand a bit more but maybe I'm missing the point as I was planning to move virtually all my transferred cash into investments using the top-up function. Would that be wrong?
@Dazzy1107
3 жыл бұрын
Really informative, thanks for taking the time in producing.
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