Keep going mate I started at 41... was in 7K debt and living in my overdraft. I'm now debt free have a 15K emergency fund. 20K saving pot and just surpassed ~£150K. Diversification and a clear understanding of your financial goals are key... I am almost 43 now!
I lost a lot chasing individual stocks and I feel pretty silly for not understanding how investing works. I have a double major in economics but I’ve been trying to make sense of the market. Well done on profits!
Keep it simple, buy things you understand, take some risk but don't try to shoot the lights out. I’m invested in ETFs, equity index funds, and individual stocks and use a CFA. On average, she takes 10% of earnings, but using *Lina Dineikiene's* system makes it much more hands-off. I conservatively follow her recommendations and market entry and exit points, and tbh this makes it fairly simple for me... I am convinced it's not just hard work but smart work :-)
Nice video. Keep those monthly investments going in, it will all work out for you at the end. Question, this is your ISA, what’s happening with your workplace pension and/or SIPP?
What's your view on using investment trusts if they're at a discount? It's not uncommon to get a 10% discount on the value of the underlying shares. Ostensibly it looks worth paying an extra percentage point point per year in fees to bag an extra 10% upfront which you're getting performance on straight away. Then you could sell and move into ETFs when the discount narrows
Hi just curious, is there a reason for having a vanguard specific account? Can you not just do those investments (i.e. VUSA) through trading 212? Cheers
Personally I wanted the ability to distribute my dividends as I wanted - therefore, the accumulation variants weren't for me. They are a great option though for most people.
@@SirHargreeves you’d still be better off maxing out the S&S LISA (333 p/m) then any remaining amount above the 4k put into a standard S&S ISA. Although I get flexibility is also important, I’d rather definitely have the money there at 60. The standard s&s ISA should be used as a bridge to buy years off retirement , get the pension and LISA sorted first then work backwards 👍
@@SirHargreeves I know what your saying but its not that simple at the free £1k in put in now, so say you are 25 then it will have 35 years until age 60 to compound, that first £1000 at age 25 will turn into £11,000 by age 60 at 7%, each subsequent £1000 will be slightly less but the first 5 years worth or so could be worth about £60,000. Although personally I'm putting everything into an ISA and let the workplace pension do its thing. In theory I should be able to retire much earlier than 57/60 so this is the best route for me. I have a LISA with a small amount in just so I could the account, and the workplace pension should still be decent enough to take the strain off the ISA, if the state pension is still around at 67 then its easy street.
Personally, because it limited when and what I can use the money for. We used a HTB ISA for our first house to using the LISA would essentially mean the money isn't accessible until a certain age; however, the 25% would be nice.
I do this. The extra 25% is nice especially since it'll compound over the next 20+ years of growth. My LISA is just a FTSE Global All Cap with HL. Have an S&P 500 main account with Vanguard, which I can take any time should I need it before 60. Hoping both will provide a healthy bridge until my DB pension at 68.
It will be coming at some point! We’ve just had our first child who’s 6 weeks old so pretty hectic, but hoping to get some videos out around Christmas 🙂
Nobody knows. And anyone who claims they do is either a liar, a moron or has delusions of grandeur. Just keep plodding away and it’ll come good in the end
Good question. It all comes down to fees. I have a video on the channel called "my 6-fund portfolio" which explains it all. Essentially, my approach has an ongoing charge fee of 0.11% with the target allocation; however, the FTSE global all cap is 0.22%. This equates to £1,000s in additional fees over the lifetime of the portfolio, and as you said, they both cover essentially the same positions.
Nice video. Based on my own preference, you have too many investments spread across different markets. Wouldn't it be easier to just invest everything in VAFTGAG and forget about it? Investing shouldn't be overly complicated. For a newbie, seeing this portfolio would be confusing and make it unclear where to even start. Some people enjoy actively managing investments, but most don't have the time to keep tracking them closely.
Agreed. Been there, done that. Pick one globally diverse fund and stick with it. Multiple funds makes little sense and potentially increases fees, as these vary quite dramatically between different funds.
Watching in my 40s... And only just starting I feel so behind!
It is never too late to start, just on your own timeline 🙂 great to hear you've started though. Best of luck in the markets!
Keep going mate I started at 41... was in 7K debt and living in my overdraft. I'm now debt free have a 15K emergency fund. 20K saving pot and just surpassed ~£150K. Diversification and a clear understanding of your financial goals are key... I am almost 43 now!
The only comparison that matters is the one to yesterday's self. Today you're starting which means you're already better than you were yesterday:)
I lost a lot chasing individual stocks and I feel pretty silly for not understanding how investing works. I have a double major in economics but I’ve been trying to make sense of the market. Well done on profits!
Keep it simple, buy things you understand, take some risk but don't try to shoot the lights out. I’m invested in ETFs, equity index funds, and individual stocks and use a CFA. On average, she takes 10% of earnings, but using *Lina Dineikiene's* system makes it much more hands-off. I conservatively follow her recommendations and market entry and exit points, and tbh this makes it fairly simple for me... I am convinced it's not just hard work but smart work :-)
Nice. I love the small amounts you have been putting in, very realistic for almost everyone
Thanks ☺️
Nice to see you back, great update- keep going
Thanks, will do!
Missed your updates, glad to see you back!
Thanks 😀 more to come!
It’s great to see a video after a long break, your investments have done great for you!
nice to see you back
Thanks 👍🏼
Nice, welcome back! I think you offer a pretty good perspective, makes me think better through my decisions process. Keep it up! 🙌
Awesome, thank you!
wow, welcome back! Havent heard from you for such long time
Hey, thanks!🙏🏻
There he is, glad you're ok
Can you expand on what the ‘Personal Rate of Return’ figure means? I’ve never quite understood this…
Have a look at Internal Rate of Return, or Time Weighted Return for an explanation
@@markellis3411 will do, thank you
Nice video. Keep those monthly investments going in, it will all work out for you at the end. Question, this is your ISA, what’s happening with your workplace pension and/or SIPP?
What's your view on using investment trusts if they're at a discount? It's not uncommon to get a 10% discount on the value of the underlying shares. Ostensibly it looks worth paying an extra percentage point point per year in fees to bag an extra 10% upfront which you're getting performance on straight away. Then you could sell and move into ETFs when the discount narrows
Hi just curious, is there a reason for having a vanguard specific account? Can you not just do those investments (i.e. VUSA) through trading 212?
Cheers
why you did not invest in accumulation ISA vanguard account ?
Personally I wanted the ability to distribute my dividends as I wanted - therefore, the accumulation variants weren't for me. They are a great option though for most people.
Why would you not have one ISA with your ETF's to further your compound interest? Or do you invest in other ETFs on trading 212?
ISA rules changes this year so I have an ISA on Vanguard and T212. Vanguard for my ETFs and T212 for my individual stocks and shares 😄
67.67% is a good rate of return. You nearly doubled your money. I'm on 51% after 3.5 years.
No its not a 67% return, it's a 67% IRR, he put in 17500 and gained 5000. His actual return is 25.8%
Why not just invest in a S&S LISA then you get then 25% govt top up guaranteed ontop of the stock market gains ?
Can’t access the money early I don’t think. Also the max is £4k per year. Finally, that free £1k will be nothing when he is into the £100,000s.
@@SirHargreeves you’d still be better off maxing out the S&S LISA (333 p/m) then any remaining amount above the 4k put into a standard S&S ISA. Although I get flexibility is also important, I’d rather definitely have the money there at 60. The standard s&s ISA should be used as a bridge to buy years off retirement , get the pension and LISA sorted first then work backwards 👍
@@SirHargreeves I know what your saying but its not that simple at the free £1k in put in now, so say you are 25 then it will have 35 years until age 60 to compound, that first £1000 at age 25 will turn into £11,000 by age 60 at 7%, each subsequent £1000 will be slightly less but the first 5 years worth or so could be worth about £60,000.
Although personally I'm putting everything into an ISA and let the workplace pension do its thing. In theory I should be able to retire much earlier than 57/60 so this is the best route for me.
I have a LISA with a small amount in just so I could the account, and the workplace pension should still be decent enough to take the strain off the ISA, if the state pension is still around at 67 then its easy street.
Personally, because it limited when and what I can use the money for. We used a HTB ISA for our first house to using the LISA would essentially mean the money isn't accessible until a certain age; however, the 25% would be nice.
I do this. The extra 25% is nice especially since it'll compound over the next 20+ years of growth. My LISA is just a FTSE Global All Cap with HL. Have an S&P 500 main account with Vanguard, which I can take any time should I need it before 60. Hoping both will provide a healthy bridge until my DB pension at 68.
Are you saying SNP 500?
@YourAverageInvestor when is the next update on vanguard? Waiting...
It will be coming at some point! We’ve just had our first child who’s 6 weeks old so pretty hectic, but hoping to get some videos out around Christmas 🙂
@@YourAverageInvestor congratulations! looking forward to the JISA video haha
Thanks! And got a JISA rolling already 🤣
@@YourAverageInvestor congratulations 🎊
long time no see, how you reckon is sp500 and everything is about to drop significantly? or it is just the "noise"
Nobody knows. And anyone who claims they do is either a liar, a moron or has delusions of grandeur. Just keep plodding away and it’ll come good in the end
Guess who’s back 🙌
Are you coming back too…? 👀
@@richardclayton6939 I wish. My business has taken off so it’s all hands on deck for a while. Will come back when I have the time 👍
Been a long time coming! How are things with you? Planning a comeback in the future?
@@YourAverageInvestor really good mate. Missing TH-cam, I’ll be back one day 😂
The s&p 500 is so high right now I really want to invest but I don't want my portfolio to be in minus if it comes down.
Why don’t you just invest in ftse global all cap? So much more chill and appears to cover what you’re aiming for with your different funds
I was wondering this also. Great video btw
Good question. It all comes down to fees. I have a video on the channel called "my 6-fund portfolio" which explains it all. Essentially, my approach has an ongoing charge fee of 0.11% with the target allocation; however, the FTSE global all cap is 0.22%. This equates to £1,000s in additional fees over the lifetime of the portfolio, and as you said, they both cover essentially the same positions.
you look exactly the same, i was expecting you to look completely different with grey hair and wrinkles
😂😂
New video Yaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaay LOL
Been a long time coming!
Nice video. Based on my own preference, you have too many investments spread across different markets. Wouldn't it be easier to just invest everything in VAFTGAG and forget about it? Investing shouldn't be overly complicated. For a newbie, seeing this portfolio would be confusing and make it unclear where to even start. Some people enjoy actively managing investments, but most don't have the time to keep tracking them closely.
Agreed. Been there, done that. Pick one globally diverse fund and stick with it. Multiple funds makes little sense and potentially increases fees, as these vary quite dramatically between different funds.