3 Reasons Why You Should Be Investing
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- เผยแพร่เมื่อ 10 ก.ค. 2024
- 3 Reasons Why You Should Be Investing
What are your thoughts on investing? Do you know why people do it? Do you know why you should do it?
In this video I explain 3 reasons why I think everyone should invest some of their hard earned money. Building wealth, beating inflation and planning for retirement. In my mind, these are three of the biggest reasons to invest.
Yet many people don’t. Perhaps they themselves or a family members or friends have been burnt in the past. Perhaps they have scars from previous stock market crashes. Maybe they even associate investing with some of the shady people who have defrauded billions from investors throughout the decades. Whatever their reason, many people do not invest their money.
After watching this video, I hope to change your mind if you consider yourself in this cohort. Investing is available to everyone and everyone can benefit from the market providing they do their research, don’t rush into things and don’t chase hype.
Video Links:
Investing Playlist - • Investing For Squaddies
Financial Audit - • Revealing My 2023 £40K...
Debt Explained - • Debt and Loans For Beg...
Added Pension - • Added Pension or Inves...
Money Mindset - • Thinking Like This Hol...
Take Your Pension Seriously - • Take This Seriously In...
Investment Funds - • Mutual Funds, Index Fu...
ISAs Explained - • Individual Savings Acc...
Referral Links:
Octopus Energy (£50 sign up bonus) - share.octopus.energy/sunny-mu...
TopCashBack (£10 sign up bonus) - www.topcashback.co.uk/ref/ceden
Etoro (the investing app I use) - etoro.tw/44oNtLH
Audible (30 day free trial) - www.amazon.co.uk/hz/audible/m...
Buy Me A Coffee - www.buymeacoffee.com/thesavvy...
Timecodes:
0:00 Intro
2:44 What you should do before investing
5:14 Building Wealth
6:45 Beating Inflation
8:30 Retirement Income
17:33 Final Thoughts
19:06 Outro
Sources:
www.fca.org.uk/investsmart/sh....
money.usnews.com/investing/ar...
www.investopedia.com/10-inves...
www.worlddata.info/europe/uni....
www.officialdata.org/us/stock...
www.in2013dollars.com/uk/infl...
www.officialdata.org/us/stock...
www.gov.uk/government/statist...
DISCLAIMER:
The views and opinions expressed in this video are my own and do not necessarily reflect the views of the British Army or the Ministry of Defence.
I am not a professional financial advisor and this video is not financial advice. Please do your own research before making any decisions with your money and seek professional financial advice if need be.
Timecodes:
0:00 Intro
2:44 What you should do before investing
5:14 Building Wealth
6:45 Beating Inflation
8:30 Retirement Income
17:33 Final Thoughts
19:06 Outro
Educate in yourself in property investment. That's the best investment.
Another great video with loads of good advice. If there is one think I’ll say to my kids is “start investing as soon as you can”. Compounding is incredibly powerful. Start early - don’t touch it - watch it grow and enjoy retirement. I’ve followed advice from here and now invest every month. I’m 54 now but wish I’d started years ago. But with a 30 year 75/15 pot and leaving as an OF3 I’ll be ok but just. Invest early
100% educating the kids is the best thing for them. I plan to do a video later this year on how to help teach children the basics of personal finance. Give them the start many of us never had.
Joined the RAf at 45. Great informative video! I started investing in the Vanguard Lifestrategy 100 ISA because of your videos. Keep up the great work!
Great to hear. Many thanks for the support
Even for civvies this is super helpful, thanks for all the hard work.
Good to hear, appreciate the support.
Class video's mate, adding real value for young soldiers 👏
Cheers, appreciate the support.
30 years in May since I left the service, and 3 years till I collect my military pension. It is not projected to be particularly big, but will provide 25% of my needs. My only regret is not starting a private pension on leaving. It cannot be emphasized enough how time is your greatest asset.
It really is our greatest asset and often people learn this too late.
Hey mate is it worth commuting my pension to take bigger lump sum to set up BTL property company?
I can't really answer that for you as it's a very personal choice. You'll need to weigh up the pros and cons and have a solid action plan before making any decision to do it or not to.
Do you still use vanguard or Etorro? Im new to the whole thing and can't decide which of the platforms are best or if it even makes a difference. I have also looked at trading 212 a bit but haven't decided on one yet. I want to buy into the S&P500 like you suggested but just unsure of how to actually get going with it. Fantastic video as always mate
I use Vanguard and Etoro still. A little bit of Trading212. I plan on doing videos on these platforms later in the year but before rushing in best bet is to have a Google and watch some videos on these platforms to see which best suits your needs.
Three reasons why to invest. The Army doesn't pay enough. It has cut the pensions twice in a 10y period. We are over worked, under paid and unappreciated.
When will you get your next promotion. Well overdue I believe😂