This video is a bit out of date! We have an up to date tutorial on Financial Interest here: th-cam.com/video/YxR171GJpu4/w-d-xo.html The app has changed a lot since I made this video a few years ago.
Top editing AS PER. A Saturday well spent my friend ;). I've got my gf's ISA setup with Trading 212 - not the most varied fund selection, but had enough to get decent exposure in selected areas... and the eSports ETF
Inflation hits people a lot harder than a crashing stock or housing market as it directly affects people's cost of living that people immediately feel the impact of it. Not surprising negative market sentiment is so high now, We really need help to survive in this Economy. The fin-Market;s have underperformed the U.S economy as fear of inflation hammers the prices of stock;s and bonds. My portfolio of $250k is down to $172k any recommendation;s to scale up my return;s during this crash will be highly appreciated.
You have to get a financial-advisor/broker to aid you diversify your portfolios to include commodities, inflation-indexed bonds and stocks of companies with solid cash flows, as opposed to growth stocks where valuations were based on future potential earnings.
@@anitagranade4599 I agree, my proffit have been quite consistent, regardless of market situation, I got in early 2019 and the constant downtrends and losses discouraged me so I sold off, got back in Dec 2020 this time with guidance from a portfolio-adviser. I found her on a CNBC interview where she was featured and reached out to her afterwards. long story short, its been two years now and I've gained over $85k following guidance from my investment adviser.
Danielle reyes clark is the best analyst/brokerage-adviser. She has been of great help and her tutelage has brought me to a higher understanding of profit generation. You can look up her name on the net for her page and reach out. She Understands the job perfectly
@@moarelzahaar9946 This recommendation literally came at the right time, I dipped by $11k in stocks last week alone. Its crazy! I just looked up Danielle reyes clark online and researched her accreditation. She seem very proficient & I wrote her detailing my Fin-market goals. Information they say, is power. Thanks for this.
Another brilliant video, taught me about features I didn't know about. Just started to put some money in this week, 94 quid, and I can't stop looking at the app. Luckily I seem to have choose well so far, Roll Royce and Cineworld have benefit well from Boris announcement.
Haha don’t obsess too much over the app mate! It’s killer when it turns the other way. There will be ups and downs all part of the process! Thanks so much for watching
@@DamienTalksMoney I'm sure it is . An I'm sure I will get bored checking it several times a day as well. At least I'm putting all that reading the news to a bit of use. Hopefully it will pay off at some point.
Yet again, another top video! 1st time commenting on any video's for some time but man, you are killing it! Oh and thanks for the boohoo heads up a few weeks ago. Currently up 14%
I've been thinking about investing for a few years now, But wanted to focus on saving a deposit for a house. Got the deposit so now looking at investing and my brother sent me the trading 212 link. So thought I'd look more into 212. Found this video very helpful so thanks Also laughed every time you edited I'm the dropping the phone clips, kinda thought you would as I've been watching your videos for a while now.
Thanks Elliot! haha yeah it is certainly addictive staring at the app going up and down! Mate your sub count!!! it was 8k when i last checked. Well done!
I’ve never laughed out loud watching TH-cam as much I did watching your phone nit your head! 😂😂 your content is ACE. You need your own Netflix!! Thank you SO much for this tutorial. I downloaded 212 and had no clue where to start- turns out I was in the wrong section (CFD) all along.
Thank you so much mate! makes the bruise and pain all worth it haha. Yeah a lot of people accidently end up on CFD and it is a whole other world on there! hopefully the investing side makes a lot more sense!
editing on this is superb holy crap! Also i've been waiting for this for ages! lets goooooooooooooooooooooooooooooooooooooooo edit: What if you have no one to send invite links too?
Yes lad!! Thank you!! Took a while this beast to edit. I can improve lots though! About to drop a load of money on new equipment... Hahah I know you got mates! You got the whole dinosaur community on lock.
@@DamienTalksMoney aye im looking forward to that QnA! Especially the editing you'll do for it! Oh damn, that youtube money coming in hot! Perhaps, dino gang need my T212 Links
Loving this channel. I have just finished uni with a BA Hons in Economics and Bus. Management and have always wanted to use it to jump onto the stock market, but sadly my degree barely covered it. This channel is helping provide me with the knowledge of investment so I can couple them both for long-term success. Just an idea, but you could cover Hargreaves Lansdown and maybe do a comparison between Vanguard and HL. You mention that you've got an account sitting there with them, so it would be interesting to note why you moved to Vanguard and what trading with HL is like, in terms of fees, ease, options available to you, and layout. Keep up the good work ik this channel is going to explode one day
Hi Mate, I did a degree in business and had a similar experience of not knowing anything about investing when I came out. Yes i will defo cover HL at some point! but to answer your question I left HL due to how they handled and their involvement in the Neil Woodford scandal. I just didn't like how they approached the whole thing and felt their heavy promotion of his funds cost a lot of investors a lot of money.
Hi all - New starter here with Trading 212 and need a bit of advice as I cannot find relevant ETFs and Stocks even tho they are most popular in the world. So I have opened an ISA account today for tax purposes and I want to move my funds from Etoro to Trading212. However some of the most popular investment tools are not available. For instance I cannot find the biggest Vangurd fund VOO or real estate VNQ. Or best dividend etfs out there like SCHD, DGRO, HDV, SPDR etc Also clean energy like TAN, ICLN not there either What am I doing wrong? Thank you
@@DamienTalksMoney so therefore I can only invest in UK stocks? will they all have an uk equivalent? VOO is replicating the s&p500, all US stocks so can't figure out how it can have an UK equivalent...
@@stoicaalex90 No not at all VOO is an american stock listed on the american markets that tracks the S&P 500. VUSA does the exact same thing but it is listed on the UK markets. American funds work by different rules so different versions of the same thing are listed in the UK
Its funny how many people have mentioned trading 212 to me recently probably something to do with that free share :) I'm looking to get involved in the new year. Another helpful video. RIP that phone
Hey DAMIEN, Thanks for all your hard work in getting the money message out there. I have a question. Given theses limits have stood for some years now, how might you begin to lobby the FCSC's paltry £85k limit. Given ISA utilization for tax sheltering and, as such, is required to be a long-term deal. Surely it's time these limits were raised for such investment requirements?
Hey bro just started watching your show and new to trading. Your channel is amazing and not boring 😂 Which would you say is better to use, trade 212 or vanguard?
@@DamienTalksMoney I’ve set up an ISA on 212 but if I want to open an account on Vanguard for there LifeStrategy does it need to be a General account? For tax reasons etc.. thanks
Hi Damion, just watching the 212 tutorial (butter fingers). I already have an account but good to watch a walk through. can you do a video on the “company technical analysis” please. Explaining the bars & graphs, what good & what’s not, etc, etc. Cheers.
Hello mate! So they have a back log due to the whole GameStop thing, They decided to pause new sign ups... They will be working hard I imagine to get things back up and running.
@@damientalksmoney857 nah thank you mate im setting up a vanguard fund due to you, your tips help me cus im only 20 and I don't want my money sitting in a savings account all my life
What a legend you are!! another option is freetrade, check out my video on them, they are basically the same and still give you a link!! I want you to earn that sweet free cash also.
Nice one Damien; it's been amazing watching the quality of your vids improve with each one! Now, I have a Vanguard ISA, but after watching your vid I am not seeing a financial downside to having my ISA with Trading 212 and just purchasing Vanguard Index Funds through the T212 app. Wouldn't I be better off doing this, on the off chance that I also have some success with short term investing in individual stocks? Would love to know you thoughts on this, thanks!
Hi! Thanks so much for your kind words on the videos made up that you think they are improving! So if i am being honest in April I will probably be switching to 212 or freetrade as my main ISA provider for the points you have highlighted here. These platforms have come out of nowhere really and just completely changed the game. I want the ability to both invest in index funds and pounce on short term stuff inside of an ISA. But i also think it is wise to open a new ISA each year with a different provider so you can build different pots with different providers that all have their own 85k cover with the FSCS. I can see that by the time i retire i will have a far few pots like 5/6 all with different providers all with the 85k cover. Hope that helps and isn't too confusing! Thanks Damo
I know this is a few years old, but I wonder how they make money? where is the catch? seems too good? giving it a go though, thanks for the tutorial, great content and informative, love you vids
They make it by people using the CFD side of the business so they offer a free ISA so loads of people come across and then the small few who gamble on CFDs pay for everyone else. Like free drinks in a casino
Hi Damien, I'm loving the videos ! A video idea could be how to create a diverse investment portfolio and what that might look like (REITs, ETFs... Etc ) I'd find that really helpful and maybe others would too. Thanks again for your informative and enjoyable channel 👏🏼✨
Always happy to see a new video! Trading212 is good, but I refuse to use these new cheap brokers like Robinhood and T212. Something just makes me worry 😅 I personally use DEGIRO and HL.
hahah yes i used to share this concern, but honestly the FSCS thing is all the reassurance I need. I can honestly see the likes of 212 outpacing HL in terms of user numbers in the coming years if they dont evolve
Hi Damien, what is the best way to keep up to date on news in regards to the larger companies you would invest in long term, I don't tend to watch tv news so im wondering if there's any youtube channels that exclusively cover this news. Thanks for the informational videos!
Hi Mate, I read the motley fool a lot for this sort of news. I tend not to watch too many youtubers on market news as they are often in a position where they need to release content so push everything as big news.
Hi Damo Great vids mate. Just opened up a Vanguard ISA S&S account the other day. You mentioned in another vid about paying you monthly into this. Assuming your 212 account is just a trading account due to limits on ISAs?
Could you recommend similar platform to trading 212 , please . Due to high demand on training 212, I am unable to open an account at the moment and have placed myself on a waiting list .... hence would like to try similar platform ... Thank you for a very informative video !
Thanks Damien another Great informative vid!! Quick question, do you think it’s work having both an online Vanguard account for your Index ISA and a Trading 212 account just for your stock& shares. Or just do it all on tradings 212’s platform ?
Hey, great video! Also love hearing the word ballache in a youtube video as it gives that homely feel! You mentioned H&L in the video also, would you use trading 212 over H&L or prioritise one over the other?
haha! nothing like the word ball ache to make you feel all warm and fuzzy inside so Hl and Vanguard are better for the index fund style of investing. But if you want the ability to also buy REITs and shares in individual companies while still having the option of getting index funds. Then 212 or free trade are the way to go. Hope that helps mate! Damo
Greg one of our gang has informed me 212 are having issues with the referral codes. If you have not got your free share, follow the steps below! On t212 on the right hand tab, there's an option for "promo code". You just paste your referral code Gbassinv as the promo code and it works. According to the note I got from t212 you have to do it within 2 weeks of account opening, and it has been introduced as a temporary measure to solve issues of people's referral links not working. Only through mobile app
This hasn’t worked for me i on out opened my real account yesterday I had already had a practice account before hand but that shouldn’t affect it should it?
@@MrDavieke Hi Ken, Thanks for your message where have you inputted the code and have you done it as Gbassinv ? Also have you had the app no longer than 2 weeks? Also i you using either the invest or ISA account and not the CFD? Damo
@@DamienTalksMoney Yes - I opened the account and funded it this morning. The box for the code only accepts uppercase letters. Not sure if that's the problem.
Hi Damien, you are the only one I am following on TH-cam. Keep doing great work! Can you please compare Vanguard and Trading 212 and suggest which one is more cost effective stock investment platform? Please consider all fees, buying/selling price difference offered on stocks and everything else.
so am I allowed 1 cash isa with my bank and 1 stocks and share isa with say trading 212 for example? Because they are different types of isa’s I’m guessing that’s fine? As long as I don’t have anymore on any other trading sites ect
@@DamienTalksMoney yeah I thought that’s how it works thank you for the confirmation :) I’m only just getting into the whole investing into stocks and shares thing so these tips definitely help
Great video, Damo! Quick question: I recently opened my first stocks & shares isa with Vanguard. I’ve invested in ETFs and a lifestrategy fund. So my question is when April comes around, and I open a new isa with T212, is it worth me selling my vanguard shares and reinvesting the money into the same fund but on T212, as T212 don’t allow isa transfer of funds? Or should I just continue my monthly investments until April and then just leave my Vanguard alone to grow as is and redirect my investments from April onwards to T212 isa? Grateful for your advice on this, as I’m starting to think opening my vanguard isa wasn’t the best move compared to T212!
Hi Mate! Personally i like to keep my ISAs open with old providers so that i can build multiple pots of investment cash with different providers all covered by the FSCS. gives me piece of mind and allows me to switch between platforms year on year dependant on who offers the best features that year.
Hi Mate! Yes i do, Exactly as stated on one of my first videos, I do have a couple of other index funds on Vanguard also and as I do every year near April I will be looking at all the providers and deciding who i will be using for the year, I like to build different pots with different providers on the basis I then have multiple pots covered by the FSCS I will share my thoughts on ISA providers nearer the time
Hi Stephen I blew my account multiple times trying to trade alone, the losses I incurred made me believe trading was actually a dead end not until I made 7 times on my trading capital in 3 weeks and with the market making large moves and the support and mentoring I got from Mr. Michael, a renowned financial analyst and trader. He made me learn to read and understand the language of price action rather than relying on lagging indicators with vivid explanations on a learner-friendly platform. So my advice, fine a mentor and also, try incorporating the use of oscillator, Bollinger and pivot points into your strategy, also move to higher TFs (4h or 1D preferably) Thank me later. I highly recommend him, the brain behind my success. Pursuing trades with him has put me on the path of greatness. Feel free to contact him if you've got a hard time getting hang of it on MICHAELFRANSWAY@gmail, I'm pretty certain he'll get in touch. I hope someone use this info too mitigate risk.
I can't see the option for ISA on my trading 212 app. Just invest and CFD. I played around with trading 212 a bit but now I have some disposable savings an ISA sounds fine. I prefer to manage myself rather than opening in a bank where they probably won't manage it with as much care as I would. How do I get the ISA option in trading 212? I need the tax free option and 20k limit is suitable for my investment.
So in the top left is a button you click and it should let you switch between the ISA, CFD and Invest account. If you cannot see this message customer support
Hi Damien, love your videos, Ive started investing at vanguard and T212, but Im a bit confused about the ongoing fees when buying funds on T212, they are not displayed? Where as on Vanguard they are very cleared easy to find. I chatted to Trading 212 yesterday and he said there were no ongoing fees for funds (index or otherwise) on Trading 212, but can that really be right? Of course the Vanguard and index funds must still charge their fees no?
Obviously the index funds charge fees, but Trading212 doesn't. So, you should do your own research before buy them. You can find expense ratios on Yahoo Finance.
Love the channel, really opening my eyes to stocks and shares. Can anyone let me know if there’s a difference between the stocks and shares the bank offers compared to say trading 212?
Hi Greg, In the ISA window, there are 2 sections 'Investments' and 'Pie'. I am new to all of this, so my investment is £250 but my pie says only £83. I want to know why that is ? As its an ISA, I thought this would be the same on both. My pie is made up of the same shares as my investments. I am now confused if I will get my money back in 10 years, as I can only withdraw from the ISA Pie section. When I try to withdraw from the investment side, I can't withdraw anything. Therefore, can I transfer the funds from the ISA Investment to ISA Pie ?
Hey Damien, thanks for the video. As always, it is super informative and clear. Just one question though about the ISA account. I currently have an ISA Vanguard opened and I invest in it on a monthly basis, however, they don’t have any REITs ETF’s for the UK platform and I have recently opened a Trading 212 ISA account where I can buy REITs ETF’s and more. How does the 20k ISA allowance work if you have more than one ISA account opened? Can the 20k be an accumulation of the money you have paid into 2 ISA accounts in a financial year? I don’t really understand how this works and it will me much appreciated if you can help me understand. I love your content and I can’t thank you enough for your videos. 🙏💕
Hi Dear. Hope u doing well. Just a quick question. Is atrading 212 still offering free share though reference for new customers. For example if i open a new account and share a link with my friend. Will we both receive free share?. In their terms they wrote that As of 11. 01. 2021 no new invite links will be provided. Regards. Fame
I don't think they are looking at their terms.... go and check out my video on freetrade, very similar service and they still offer the free share invite.
Hi Greta, That depends on how much you earn. You would need to earn more than £12,000 in capital gains (growth in the stock) before you had to pay tax, or more than £2,000 in dividend payments in a year. So unless you have some serious gains, you are probably not at that level yet?
@@DamienTalksMoney ahh okay, so is this separate to income tax then? I thought that because I already pay income tax that I would have to declare investment returns as an additional income? Thank you for responding!
Hi Damian, I just recently found your channel & i'm loving the content so far! Keep up the great work. As a suggestion for a future video, could you explore why people invest inHigh Yield Dividend portfolios, how to start one up, and the pros/cons of a dividend portfolio vs. a growth orientated one? Thank you!
Yes! i will defo look at this for you. A sneak peak, there is an argument that the majority of the increase in value in the stock market is actually from dividends being reinvested. So say up to 80% Growth is like trying to guess if house prices will rise, whereas dividends is like collecting the rent, bit more predictable. I will add this video to my list mate Damo
This video is a bit out of date! We have an up to date tutorial on Financial Interest here: th-cam.com/video/YxR171GJpu4/w-d-xo.html
The app has changed a lot since I made this video a few years ago.
I broke my phone and my face making this video... So I hope you like it! Any questions just comment below, I reply to them all. THATS THE TRUTH!
Omg I’m cringing for your phone 😂
@@FinancePillowTalk its all worth it for the content! haha
I hope you have your phone insured lol
@@OLAR0 haha. It’s my work phone 😎
Hi Damien, can you make a video about Degiro? Do you use it?
this is edited so insanely well! so helpful as well thank you so much Damien :D
Glad you liked it!
It sure is
100% agree
Just one quality vid after the other. Keep up the good work Damien!
Thanks Aadil! really appreciate the fact you always watch them mate!
Even two years ago you were providing fantastic content.
Thanks 👍
Top editing AS PER. A Saturday well spent my friend ;). I've got my gf's ISA setup with Trading 212 - not the most varied fund selection, but had enough to get decent exposure in selected areas... and the eSports ETF
haha yeah it isn't perfect! but everything you need to get going. Esports will take over.. if it hasn't already!
Thanks for stopping by mate
Brilliant videos. They just keep coming and coming. Definitely some of the best on TH-cam I’ve seen and not just about investing.
Jeff! making my day here mate, such a compliment. Thank you so so much
Inflation hits people a lot harder than a crashing stock or housing market as it directly affects people's cost of living that people immediately feel the impact of it. Not surprising negative market sentiment is so high now, We really need help to survive in this Economy. The fin-Market;s have underperformed the U.S economy as fear of inflation hammers the prices of stock;s and bonds. My portfolio of $250k is down to $172k any recommendation;s to scale up my return;s during this crash will be highly appreciated.
You have to get a financial-advisor/broker to aid you diversify your portfolios to include commodities, inflation-indexed bonds and stocks of companies with solid cash flows, as opposed to growth stocks where valuations were based on future potential earnings.
@@anitagranade4599 I agree, my proffit have been quite consistent, regardless of market situation, I got in early 2019 and the constant downtrends and losses discouraged me so I sold off, got back in Dec 2020 this time with guidance from a portfolio-adviser. I found her on a CNBC interview where she was featured and reached out to her afterwards. long story short, its been two years now and I've gained over $85k following guidance from my investment adviser.
Danielle reyes clark is the best analyst/brokerage-adviser. She has been of great help and her tutelage has brought me to a higher understanding of profit generation. You can look up her name on the net for her page and reach out. She Understands the job perfectly
@@moarelzahaar9946 This recommendation literally came at the right time, I dipped by $11k in stocks last week alone. Its crazy! I just looked up Danielle reyes clark online and researched her accreditation.
She seem very proficient & I wrote her detailing my Fin-market goals. Information they say, is power. Thanks for this.
She’s considered a key crypt0 strategist with one of the best copy trading p0rtfoli0 and very active in the crypt0 space
Thank you for teaching me "how to fish", I have now started investing! Great content and I love the videos.
Great to hear! So glad i could help
Hi Damien, you are truly doing wonders with this channel. Keep it up mate!
Thank you! Glad you find the videos useful
been watching your videos for a while bro, quality content as always and enticing entertainment 😂 keep it up!
Great video , finally for beginners , happy to found you , please keep up the great work and keep the easy explaination , thanks
Another brilliant video, taught me about features I didn't know about. Just started to put some money in this week, 94 quid, and I can't stop looking at the app. Luckily I seem to have choose well so far, Roll Royce and Cineworld have benefit well from Boris announcement.
Haha don’t obsess too much over the app mate! It’s killer when it turns the other way. There will be ups and downs all part of the process!
Thanks so much for watching
@@DamienTalksMoney I'm sure it is . An I'm sure I will get bored checking it several times a day as well.
At least I'm putting all that reading the news to a bit of use. Hopefully it will pay off at some point.
I'm using them for some time and they are the best in my opinion... and I did tried few...
I also love their app!
Great video Damien,I’ve had trading 212 but haven’t used and was a bit nervous 😅
Yeah it can seem like a scary place on the app! Hopefully you feel a bit more confident now to give it a go!
Another amazing content and editing! Thanks again Damien - saw this video late and now im on the waiting list for Trading 212
Glad you liked it mate!!
Yet again, another top video!
1st time commenting on any video's for some time but man, you are killing it!
Oh and thanks for the boohoo heads up a few weeks ago. Currently up 14%
Hi Matthew!
Thanks so much for taking the time to let me know you liked the video! I must say i am relived boohoo is currently working out haha
Mate seriusly, your videos are really good, ive been using 212 since August and havent used the pie option, now im going to give a go.
Yes mate! glad the video was useful. The pies are a great feature.
I've been thinking about investing for a few years now, But wanted to focus on saving a deposit for a house. Got the deposit so now looking at investing and my brother sent me the trading 212 link. So thought I'd look more into 212. Found this video very helpful so thanks
Also laughed every time you edited I'm the dropping the phone clips, kinda thought you would as I've been watching your videos for a while now.
the quality of your videos is crazy good! i can see you have million subscribers one day!
Haha imagine!! thank you so much for commenting and watching the videos
Quality as always Damien!! Thanks for the shout out dude - PIE FELICIA 🤙🏻
Here he is! Mate that name is quality, couldn't not get a shout out! see you on the channel soon buddy!
@@DamienTalksMoney buzzing bro!!
@@EuanCopeland back slapping at its finest ;-)
i started use trandinf 212 on 2019 for 2 months and then i left it now i started use it again honestly just i put 2 pounds there its has been good
Hope you can turn that 2 quid into a million my friend!
Loved this video!! The split second cameo image of Lee Sharpe for the 'Man U Lee' was comic genius as well!! Love it!!
Hahaha yes!! You are the first person to pick up on that. Makes it all worth it.
Glad you enjoyed it mate
Don’t ever stop that humour!! I love people who do stuff like that... noticed the Diversity (Diverse) links too 😂
@@ZimZimmer22 thank you Paul.
Finance can be a little dry! so just trying to make it fun for you and for me to make haha. Glad it is well received!
Your videos are brilliant Damien, keep ‘em coming! Guess I’m late to the T212 party - waitlist in place
Thank you!! They are closed at the min for new entries. But will reopen soon I am sure
I really enjoy watching your videos! It never gets boring 🙏🏻 Sorry for your phone! The sacrifices we make... 😋
Thank you so much! you are always here supporting my channel. I really appreciate it
Loving the videos really well explained... going to use your link now cheers
Awesome, thank you! I think 212 is not taking new people at the min...
@@DamienTalksMoney yeah iv been put on the email waiting list
Brilliant video mate! Trading 212 is the platform I use for all of my shares. I just need to stop looking at it 500 times a day.
Thanks Elliot! haha yeah it is certainly addictive staring at the app going up and down! Mate your sub count!!! it was 8k when i last checked. Well done!
I’ve never laughed out loud watching TH-cam as much I did watching your phone nit your head! 😂😂 your content is ACE. You need your own Netflix!! Thank you SO much for this tutorial. I downloaded 212 and had no clue where to start- turns out I was in the wrong section (CFD) all along.
Thank you so much mate! makes the bruise and pain all worth it haha.
Yeah a lot of people accidently end up on CFD and it is a whole other world on there! hopefully the investing side makes a lot more sense!
editing on this is superb holy crap!
Also i've been waiting for this for ages! lets goooooooooooooooooooooooooooooooooooooooo
edit:
What if you have no one to send invite links too?
Yes lad!! Thank you!! Took a while this beast to edit.
I can improve lots though! About to drop a load of money on new equipment...
Hahah I know you got mates! You got the whole dinosaur community on lock.
@@DamienTalksMoney aye im looking forward to that QnA! Especially the editing you'll do for it!
Oh damn, that youtube money coming in hot!
Perhaps, dino gang need my T212 Links
You've got a talent for editing videos dude. I like your style 😍
I dread to think how many hours it takes to plan and record 😱
Keep up the good work ✅
Thanks mate! Means a lot from another content creator.
Damo
This video literally needs to be on the app!
hahah thanks would be amazing! thank you so much Sam.
Another great video and topic. Thank you
Thanks Adam! Thank you so much for watching.
Nailed it first take... Sure, sure, course you did Carol. 😉
Hahahaha. My phone will never be the same again Ian 🙈
@@DamienTalksMoney great out-takes though. Do you do phone cover recommendations? 😅
its my work phone and honestly there isn't a case in the world that could have saved it...
@@DamienTalksMoney ah, its a Tax Deductible, work expenses 🤣
Well done mate another top one 🤙🏼
Thanks buddy! i hear you are in the phone selling business. may have a need for a new one..
Loving this channel. I have just finished uni with a BA Hons in Economics and Bus. Management and have always wanted to use it to jump onto the stock market, but sadly my degree barely covered it. This channel is helping provide me with the knowledge of investment so I can couple them both for long-term success.
Just an idea, but you could cover Hargreaves Lansdown and maybe do a comparison between Vanguard and HL. You mention that you've got an account sitting there with them, so it would be interesting to note why you moved to Vanguard and what trading with HL is like, in terms of fees, ease, options available to you, and layout.
Keep up the good work ik this channel is going to explode one day
Hi Mate,
I did a degree in business and had a similar experience of not knowing anything about investing when I came out.
Yes i will defo cover HL at some point! but to answer your question I left HL due to how they handled and their involvement in the Neil Woodford scandal. I just didn't like how they approached the whole thing and felt their heavy promotion of his funds cost a lot of investors a lot of money.
Cheers mate, i think i'm going for Trading 212 after watching this.
Honestly mate I love it and really think either 212 or freetrade will get the award of being my ISA provider from next April.
Great Video! Cheers Damien!
My pleasure Andre!
Hah I just started watching and I am already so excited about this video! 🤩
Yay! Thank you!
Investing in a new phone 😂 one time you should write Carol when your doing the application guides 🤣 again top content mate!
I will 100% do the carol thing Daryl haha
Another excellent video. Unfortunately trading 212 have temporarily stopped issuing new accounts 'due to unprecedented demand'
Yeah not ideal... They should be back open soon, But check out free trade in the mean time
Nice vid man, very detailed, appreciate it!
Glad it was useful! thanks so much for watching.
Hi all - New starter here with Trading 212 and need a bit of advice as I cannot find relevant ETFs and Stocks even tho they are most popular in the world.
So I have opened an ISA account today for tax purposes and I want to move my funds from Etoro to Trading212.
However some of the most popular investment tools are not available. For instance I cannot find the biggest Vangurd fund VOO or real estate VNQ. Or best dividend etfs out there like SCHD, DGRO, HDV, SPDR etc
Also clean energy like TAN, ICLN not there either
What am I doing wrong? Thank you
You are quoting American funds mate you just need to look for the U.K. versions . Voo in the U.K. is VUSA
@@DamienTalksMoney so therefore I can only invest in UK stocks?
will they all have an uk equivalent? VOO is replicating the s&p500, all US stocks so can't figure out how it can have an UK equivalent...
@@stoicaalex90 No not at all VOO is an american stock listed on the american markets that tracks the S&P 500. VUSA does the exact same thing but it is listed on the UK markets. American funds work by different rules so different versions of the same thing are listed in the UK
Its funny how many people have mentioned trading 212 to me recently probably something to do with that free share :) I'm looking to get involved in the new year. Another helpful video. RIP that phone
Invest all those Sashimi's your earning from your stream lad!
@@DamienTalksMoney haha i dont know the conversion rate on sashimis i'll have to look into it XD
Looks like i'm downloading Trading 212! Top video again mate :)
hahah use my link!
@@DamienTalksMoney of course. 🙂
Wow😯 What an informative video 👍🏼 I’m new to this and wanted to get a quick guide, I’ve definitely landed on the right video. Thank you !
Thank you terry! really appreciate your kind words.
Great overview mate! Cheers 💯
No worries mate! thanks so much for watching
Here after sasha Yanshin suggestion ... Great videos . Here to stay 👌🏻
Thank you! Love Sasha and his channel, Puts out some really good content.
Setting a new standard for investment platforms tutorials.
Legend mate! Glad you think they are good
Hey DAMIEN, Thanks for all your hard work in getting the money message out there. I have a question. Given theses limits have stood for some years now, how might you begin to lobby the FCSC's paltry £85k limit. Given ISA utilization for tax sheltering and, as such, is required to be a long-term deal. Surely it's time these limits were raised for such investment requirements?
Thanks Damo, really useful information.
No worries mate! Thanks for watching
Hey bro just started watching your show and new to trading. Your channel is amazing and not boring 😂
Which would you say is better to use, trade 212 or vanguard?
Thank you! I like 212 now as it does everything vanguard does and more
Brilliant tutorial/video! Signed up straight away using your referral code😁👍
You Legend Adam! so glad you enjoyed the video mate and more importantly that it was useful. Thanks for using my code.
@@DamienTalksMoney I’ve set up an ISA on 212 but if I want to open an account on Vanguard for there LifeStrategy does it need to be a General account? For tax reasons etc.. thanks
Nice, clear video! Good job mate
Thanks a lot! Thanks so much for watching
I want to start investing. Is there a way a can check which stocks are best to go with ? Many thanks.
Lots of research mate! there is no simple way to do this, You need to understand what make a business a good one.
Man U Lee 🤣🤣🤣 didn't see this first watch. Great vid.
Hahah Yes!
Hi Damion, just watching the 212 tutorial (butter fingers). I already have an account but good to watch a walk through. can you do a video on the “company technical analysis” please. Explaining the bars & graphs, what good & what’s not, etc, etc.
Cheers.
Sorry.... Damien!! Phone text 🙄
Hi Mark! thanks so much for watching the video, really glad it was useful. yes i will defo make a video on technical analysis!
haha don't worry! I have been called much worse.
Hi do you have any advice on not being able to open an account right now when do you think they'll give the option to make one again?
Hello mate! So they have a back log due to the whole GameStop thing, They decided to pause new sign ups... They will be working hard I imagine to get things back up and running.
@@damientalksmoney857 nah thank you mate im setting up a vanguard fund due to you, your tips help me cus im only 20 and I don't want my money sitting in a savings account all my life
Excellent video very informative
Glad it was helpful!
Ngl i cant fault them myself, great app and they just keep improving, nice breakdown mate
Yeah man solid app. Not sure who is better freetrade or 212. But i think freetrade does work out cheaper overall.
Really informative - thank you so much!
Damien I got my friends and family to use trading212 but since i dont have a invite friend link i'm giving them yours to support the channel 😂
What a legend you are!! another option is freetrade, check out my video on them, they are basically the same and still give you a link!! I want you to earn that sweet free cash also.
anD a pHonE
on a real though, great insight into the app, and the editing is top quality mate
Yes dan! always here. Thank you so much as always buddy. 🙌
Phone will never be the same again... haha
Another great video, quick question, is there a travel and tourism heavy fund? Available? Airlines, resorts, hotels, airport car rental etc etc
Hi mate!
Good to hear from you!
Try looking at iShares STOXX Europe 600 Travel & Leisure UCITS ETF
Or anything that tracks something similar.
@@DamienTalksMoney thanks mate can't tell if that's the name of one fund/share or multiple lol, couldn't any of them on HL
Nice one Damien; it's been amazing watching the quality of your vids improve with each one! Now, I have a Vanguard ISA, but after watching your vid I am not seeing a financial downside to having my ISA with Trading 212 and just purchasing Vanguard Index Funds through the T212 app. Wouldn't I be better off doing this, on the off chance that I also have some success with short term investing in individual stocks? Would love to know you thoughts on this, thanks!
Hi!
Thanks so much for your kind words on the videos made up that you think they are improving! So if i am being honest in April I will probably be switching to 212 or freetrade as my main ISA provider for the points you have highlighted here. These platforms have come out of nowhere really and just completely changed the game.
I want the ability to both invest in index funds and pounce on short term stuff inside of an ISA. But i also think it is wise to open a new ISA each year with a different provider so you can build different pots with different providers that all have their own 85k cover with the FSCS. I can see that by the time i retire i will have a far few pots like 5/6 all with different providers all with the 85k cover.
Hope that helps and isn't too confusing!
Thanks
Damo
@@DamienTalksMoney I had the same question! I'm having a pretty financial training thanks to u
I know this is a few years old, but I wonder how they make money? where is the catch? seems too good? giving it a go though, thanks for the tutorial, great content and informative, love you vids
They make it by people using the CFD side of the business so they offer a free ISA so loads of people come across and then the small few who gamble on CFDs pay for everyone else.
Like free drinks in a casino
Any advice wits ISA's for people outside the UK? I can't create an ISA account in the app
Hello! ISA are a UK only option, you need to pay tax in the UK to use them. Most countries have their own versions though!
Hi Damien, I'm loving the videos !
A video idea could be how to create a diverse investment portfolio and what that might look like (REITs, ETFs... Etc ) I'd find that really helpful and maybe others would too.
Thanks again for your informative and enjoyable channel 👏🏼✨
Great suggestion! I will make a video along these lines as soon as i can.
Thanks so much for watching!
Damo
Perfect. Just what I needed. That's the truth
😂😂😂😂😂😂
Always happy to see a new video! Trading212 is good, but I refuse to use these new cheap brokers like Robinhood and T212. Something just makes me worry 😅 I personally use DEGIRO and HL.
hahah yes i used to share this concern, but honestly the FSCS thing is all the reassurance I need. I can honestly see the likes of 212 outpacing HL in terms of user numbers in the coming years if they dont evolve
Hi Damien, what is the best way to keep up to date on news in regards to the larger companies you would invest in long term, I don't tend to watch tv news so im wondering if there's any youtube channels that exclusively cover this news. Thanks for the informational videos!
Hi Mate, I read the motley fool a lot for this sort of news. I tend not to watch too many youtubers on market news as they are often in a position where they need to release content so push everything as big news.
Hey, what are opinions on a Lifetime ISA, and can you open a LISA and a ISA in the same tax year?
Thanks!
You can indeed open a LISA and an ISA in the same year.
Great content Damien, that's me subscribed!
Thanks buddy! Good to see you on here.
Hi Damo
Great vids mate. Just opened up a Vanguard ISA S&S account the other day. You mentioned in another vid about paying you monthly into this. Assuming your 212 account is just a trading account due to limits on ISAs?
Yes mate that’s right
Could you recommend similar platform to trading 212 , please . Due to high demand on training 212, I am unable to open an account at the moment and have placed myself on a waiting list .... hence would like to try similar platform ... Thank you for a very informative video !
Freetrade! check out my video. They also have a free share link for you
Thanks Damien another Great informative vid!! Quick question, do you think it’s work having both an online Vanguard account for your Index ISA and a Trading 212 account just for your stock& shares. Or just do it all on tradings 212’s platform ?
I mean worth not work !
Honestly mate if it was me starting now, trading 212 does it all! So i would just use them.
What stock should i buy straight away
I can’t answer that mate sorry
Hey, great video! Also love hearing the word ballache in a youtube video as it gives that homely feel!
You mentioned H&L in the video also, would you use trading 212 over H&L or prioritise one over the other?
haha! nothing like the word ball ache to make you feel all warm and fuzzy inside
so Hl and Vanguard are better for the index fund style of investing. But if you want the ability to also buy REITs and shares in individual companies while still having the option of getting index funds. Then 212 or free trade are the way to go.
Hope that helps mate!
Damo
@@DamienTalksMoney does! Appreciate all the insights man.
Really good video, thanks!
I've just started on vanguard but might give 212 a go for small investments
That is exactly what I do Lewis!
Vanguard for the set it and forget it and 212 for a dabble.
Greg one of our gang has informed me 212 are having issues with the referral codes. If you have not got your free share, follow the steps below!
On t212 on the right hand tab, there's an option for "promo code". You just paste your referral code Gbassinv as the promo code and it works. According to the note I got from t212 you have to do it within 2 weeks of account opening, and it has been introduced as a temporary measure to solve issues of people's referral links not working. Only through mobile app
This hasn’t worked for me i on out opened my real account yesterday I had already had a practice account before hand but that shouldn’t affect it should it?
The code doesn't work. It says "invalid code".
@@MrDavieke Hi Ken, Thanks for your message where have you inputted the code and have you done it as Gbassinv ?
Also have you had the app no longer than 2 weeks? Also i you using either the invest or ISA account and not the CFD?
Damo
@@itsmkane3633 I am not sure. i know that it needs to be within two weeks of opening the account. I can contact 212 and ask for you.
@@DamienTalksMoney Yes - I opened the account and funded it this morning. The box for the code only accepts uppercase letters. Not sure if that's the problem.
Hi Damien, you are the only one I am following on TH-cam. Keep doing great work! Can you please compare Vanguard and Trading 212 and suggest which one is more cost effective stock investment platform? Please consider all fees, buying/selling price difference offered on stocks and everything else.
Hi Hasan! Thank you so much mate really appreciated.
I will get this video made as i think it is an important topic but will take alot of work.
so am I allowed 1 cash isa with my bank and 1 stocks and share isa with say trading 212 for example? Because they are different types of isa’s I’m guessing that’s fine? As long as I don’t have anymore on any other trading sites ect
exactly David! you can have 1 of each type of ISA just not 2 of the same type.
@@DamienTalksMoney yeah I thought that’s how it works thank you for the confirmation :) I’m only just getting into the whole investing into stocks and shares thing so these tips definitely help
Great video, Damo!
Quick question: I recently opened my first stocks & shares isa with Vanguard. I’ve invested in ETFs and a lifestrategy fund. So my question is when April comes around, and I open a new isa with T212, is it worth me selling my vanguard shares and reinvesting the money into the same fund but on T212, as T212 don’t allow isa transfer of funds? Or should I just continue my monthly investments until April and then just leave my Vanguard alone to grow as is and redirect my investments from April onwards to T212 isa? Grateful for your advice on this, as I’m starting to think opening my vanguard isa wasn’t the best move compared to T212!
Hi Mate!
Personally i like to keep my ISAs open with old providers so that i can build multiple pots of investment cash with different providers all covered by the FSCS. gives me piece of mind and allows me to switch between platforms year on year dependant on who offers the best features that year.
Could you do a more in depth one? I can’t get my head around setting to buy and sell automatically.
Hi Mate!
Of course i can, i plan to do more 212 content so will make a video dedicated to buy and sell orders.
6:49 I dont get the money thing, so what is the portfolio and you said the free funds is what you can take out, so what is the portfolio?
Portfolio is the total worth of your cash and shares mate added together.
Do you still use Vanguard for your long term investing strategy (lifet strategy) and use trading 212 for shorter term investments?
Hi Mate!
Yes i do, Exactly as stated on one of my first videos, I do have a couple of other index funds on Vanguard also and as I do every year near April I will be looking at all the providers and deciding who i will be using for the year, I like to build different pots with different providers on the basis I then have multiple pots covered by the FSCS
I will share my thoughts on ISA providers nearer the time
Hi Stephen I blew my account multiple times trying to trade alone, the losses I incurred made me believe trading was actually a dead end not until I made 7 times on my trading capital in 3 weeks and with the market making large moves and the support and mentoring I got from Mr. Michael, a renowned financial analyst and trader. He made me learn to read and understand the language of price action rather than relying on lagging indicators with vivid explanations on a learner-friendly platform. So my advice, fine a mentor and also, try incorporating the use of oscillator, Bollinger and pivot points into your strategy, also move to higher TFs (4h or 1D preferably) Thank me later. I highly recommend him, the brain behind my success. Pursuing trades with him has put me on the path of greatness. Feel free to contact him if you've got a hard time getting hang of it on MICHAELFRANSWAY@gmail, I'm pretty certain he'll get in touch. I hope someone use this info too mitigate risk.
How do I set up an automatic buy the dip?
Just re capped on this. Commenting for support
Thanks Elliot! Legend
I can't see the option for ISA on my trading 212 app. Just invest and CFD. I played around with trading 212 a bit but now I have some disposable savings an ISA sounds fine. I prefer to manage myself rather than opening in a bank where they probably won't manage it with as much care as I would. How do I get the ISA option in trading 212? I need the tax free option and 20k limit is suitable for my investment.
So in the top left is a button you click and it should let you switch between the ISA, CFD and Invest account. If you cannot see this message customer support
Hi Damien, love your videos, Ive started investing at vanguard and T212, but Im a bit confused about the ongoing fees when buying funds on T212, they are not displayed? Where as on Vanguard they are very cleared easy to find. I chatted to Trading 212 yesterday and he said there were no ongoing fees for funds (index or otherwise) on Trading 212, but can that really be right? Of course the Vanguard and index funds must still charge their fees no?
Obviously the index funds charge fees, but Trading212 doesn't.
So, you should do your own research before buy them. You can find expense ratios on Yahoo Finance.
Love the channel, really opening my eyes to stocks and shares. Can anyone let me know if there’s a difference between the stocks and shares the bank offers compared to say trading 212?
No mate. There is not a difference, the difference will likely be the fees.
Is it best to place small shares in loads of companies or place big shares in some companies ?
Thanks Damo, great video! Was that your Mrs phone you keep throwing around? haha
Hi Mate! haha its my work phone.. But don't tell anyone.
Do an updated version please !❤
It comes out in a few days 😊
Hi Greg,
In the ISA window, there are 2 sections 'Investments' and 'Pie'. I am new to all of this, so my investment is £250 but my pie says only £83. I want to know why that is ? As its an ISA, I thought this would be the same on both. My pie is made up of the same shares as my investments. I am now confused if I will get my money back in 10 years, as I can only withdraw from the ISA Pie section. When I try to withdraw from the investment side, I can't withdraw anything. Therefore, can I transfer the funds from the ISA Investment to ISA Pie ?
With trading 212 do you have to fill out a W 8ben form to buy US stocks?
There is a tick form as part of the set up I believe
Hey Damien, thanks for the video. As always, it is super informative and clear. Just one question though about the ISA account. I currently have an ISA Vanguard opened and I invest in it on a monthly basis, however, they don’t have any REITs ETF’s for the UK platform and I have recently opened a Trading 212 ISA account where I can buy REITs ETF’s and more. How does the 20k ISA allowance work if you have more than one ISA account opened? Can the 20k be an accumulation of the money you have paid into 2 ISA accounts in a financial year? I don’t really understand how this works and it will me much appreciated if you can help me understand. I love your content and I can’t thank you enough for your videos. 🙏💕
Hi Dear. Hope u doing well. Just a quick question. Is atrading 212 still offering free share though reference for new customers. For example if i open a new account and share a link with my friend. Will we both receive free share?. In their terms they wrote that As of 11. 01. 2021 no new invite links will be provided. Regards. Fame
I don't think they are looking at their terms.... go and check out my video on freetrade, very similar service and they still offer the free share invite.
Can you adjust the monthly deposit for the ISA or is it set in stone?
You can adjust it anytime you like.
So if I have a trading212 invest account and want to withdraw my invested money plus returns, how do I pay tax on the money I've made?
Hi Greta,
That depends on how much you earn. You would need to earn more than £12,000 in capital gains (growth in the stock) before you had to pay tax, or more than £2,000 in dividend payments in a year.
So unless you have some serious gains, you are probably not at that level yet?
@@DamienTalksMoney ahh okay, so is this separate to income tax then? I thought that because I already pay income tax that I would have to declare investment returns as an additional income? Thank you for responding!
Hi Damian, I just recently found your channel & i'm loving the content so far! Keep up the great work. As a suggestion for a future video, could you explore why people invest inHigh Yield Dividend portfolios, how to start one up, and the pros/cons of a dividend portfolio vs. a growth orientated one? Thank you!
Yes! i will defo look at this for you.
A sneak peak, there is an argument that the majority of the increase in value in the stock market is actually from dividends being reinvested. So say up to 80%
Growth is like trying to guess if house prices will rise, whereas dividends is like collecting the rent, bit more predictable. I will add this video to my list mate
Damo