If I Started Investing In 2024, This Is What I Would Do

Рет қаралды 496,073

Күн бұрын

I will run you through every step I would take to start investing in 2024, from what I would buy, where I would buy it, and how.
Here is the link to the cheat sheet I have put together: financialinterest.com/index-f... Just add your email, and it will be sent to you. I will continue to update the glossary as time goes on. Please watch the Loom video on the overview page to see how to use it properly.
The brokers I use:
Trading 212
trading212.com/promocodes/DAMIEN
If you do not get your free share after depositing £1. Use promo code DAMIEN, you will find it in the section with the three lines in the bottom right corner of the app.
InvestEngine
investengine.pxf.io/eKR40z
Get a Welcome Bonus of up to £50 when you invest at least £100 with InvestEngine
Vanguard
www.vanguardinvestor.co.uk/
This is not an affiliate link
Other videos that will help:
USA vs Global: • S&P500 vs Global Index...
ISA's Explained: • ISA Explained for Begi...
Best ISA providers this year: • Best Stocks & Shares I...
Timestamps:
00:00 - 2024
00:23 - The best performers
03:26 - Picking stocks
05:22 - What to buy
08:37 - How long for?
09:40 - The account
10:35 - Picking a platform
11:42 - Make you rich.
13:37 - Boring
DISCLAIMER: Some of these links may be affiliate links. If you purchase a product or service using one of these links, I will receive a small commission from the seller. There will be no additional charge for you.
DISCLAIMER: I am not a financial advisor and none of the content on this channel is financial advice. All information is provided for educational/entertainment purposes. If you are making investment or other financial decisions and require advice, please consult a suitably qualified licensed professional.

Пікірлер: 892

@DamienTalksMoney 4 ай бұрын

10:20 the bar label should be £3k not 1.5. I use an editor on certain content and this slipped through the review process! Sorry. financialinterest.com/index-fund-cheat-sheet/ Here is the link to the cheat sheet I have put together. Just add your email, and it will be sent to you. I will continue to update the glossary as time goes on. Please watch the Loom video on the overview page to see how to use it properly. I have had issues sending emails to outlook/hotmail so if you do not get it please check spam or try another email.

@JayantKaul 4 ай бұрын

Thanks for the great video and links Damien. I think the webpage where people put in their email maybe having a few issues. Getting a ‘bad url’ error on chrome or safari.

@Kl3mzwero 4 ай бұрын

Thanks Damo you are the man, keep up the good work!

@DamienTalksMoney 4 ай бұрын

@JayantKaul Hi mate! So I tested a load of different ways and it all looks good from my end, I have also asked other people to test and all good. Please let me know if you keep having issues and we can investigate further!

@GullaBulla 4 ай бұрын

Off topic but your KZfaq videos have amazing look and editing, could you please share what tool you use and any tips how you learnt editing please ?

@DamienTalksMoney 4 ай бұрын

@@GullaBulla Thank you! So i have edited all but 2 of the videos on this channel myself so you can see every bit of editing i have ever done on here. If you go back to my first video, you will see it was nothing special. Good editing takes time, both to learn and to just do even when you have learnt, in fact the more you learn the longer it seems to take. So just understand if you want to edit a video to a good level it will take a while. But you can 100% create a vibe without a crazy edit, music choice, audio and sound all help a lot. I also like cutting to a beat. I use Davinci resolve to edit on but honestly he software is not important, any of the good editors will do. I enjoy editing when i have the luxury of time to pour into it but i also hate it when i have to rush... The best advice is pick a software and then start watching youtube tutorials on how to do things, It is kind of like playing an instrument it just takes ages to get good... But now i can see an edit in youtube video, Netflix or whatever and think ok i can probably work out what is being done here.

@BennieY.Jenkins Күн бұрын

When you venture into the world of financial investment, it's important to understand some foundational principles

@ChristopherHandley-ek4ul Күн бұрын

It simply means the allocation of money toward an asset or portfolio, with the expectation of earning a return over time.

@JacobMcDonald-wb6wl Күн бұрын

Yes, It a procedure where you allocate money or capital towards buying financial products, expecting to earn a considerable return in the future.

@jamesshaver2247 Күн бұрын

According to Patricia strain an expert, this can occur through appreciation in the price of the asset, earning interest, dividends or royalties.

@Adams52523 Күн бұрын

I agree with you. I started out with investing on my own, but I lost a lot of money. I was able to pull out about $200k after the 2020 crash I invested the money using an analyst, and in seven months, I raked in almost $673,000

@PeterSimpson-mg9gg Күн бұрын

Patricia Strain must be a great person, her strategies are top notch.

@AnabelaWer 2 күн бұрын

I believe investors should focus on under-the-radar stocks, especially given the present rollercoaster nature of the stock market. 35% of my $270,000 portfolio consists of collapsing stocks that were previously respected, and I don't know where to go from here.

@MiquelMorterero 2 күн бұрын

Safest approach i feel to tackle it is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown. its important to seek the guidance of an expert

@WilliamRosser487 2 күн бұрын

It's true that many people underestimate the importance of advisers until their own feelings burn them out. A few summers ago, following an ongoing divorce, I needed a significant push to keep my company afloat. I looked for licensed advisors and found someone with outstanding qualifications. She has contributed to my reserve increasing from $275k to $850k regardless of inflation.

@JustinWitt07 2 күн бұрын

@@WilliamRosser487 How can I participate in this? I sincerely aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success?

@WilliamRosser487 2 күн бұрын

Jennifer Lea Jenson is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..

@CarlosCosta77_ 2 күн бұрын

I just curiously searched her up, and I have sent her an email. I hope she gets back to me soon. Thank you

@Laura-oo7gr 5 күн бұрын

The market trend can turn around very quickly. In fact, the indexes often switch from a bear market to a bull market when the news is at its worst and the mood of investors is at its lowest point. I read an article of people that grossed profits up to $150k during this crash, what are the best stocks to buy now or put on a watchlist?

@Helen-tg4tr 5 күн бұрын

In particular, amid inflation, investors should exercise caution when it comes to their exposure and new purchases. It is only feasible to get such high yields during a recession with the guidance of a qualified specialist or reliable counsel.

@Margaret-jl1cj 5 күн бұрын

True, initially I wasn't quite impressed with my gains, opposed to my previous performances, I was doing so badly, figured I needed to diverssify into better assets, I touched base with a portfolio-advisor and that same year, I pulled a net gain of 550k...that's like 7times more than I average on my own.

@Lisa-jy7bk 5 күн бұрын

This aligns perfectly with my desire to organize my finances prior to retirement. Could you provide me with access to your advisor?

@Margaret-jl1cj 5 күн бұрын

Angela Lynn Schilling is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look-her up.

@Lisa-jy7bk 5 күн бұрын

She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.

@riceisnice7988 4 ай бұрын

Hey man, just wanted to say brilliant video. Not only you made it fun for me and my dad to watch but you made it so much easier to understand. Thank you and i wish everyone who watches your video great success and prosperity! :)

@DamienTalksMoney 27 күн бұрын

Love that you watched this with your dad I hope it helped you both!

@aidankelly7135 4 ай бұрын

Took your advice on understanding all the jargon and haven't looked back. Thank you for making investing easier to understand.

@JoshMars_ 4 ай бұрын

Amazing video. No minute wasted. Full of great great advice especially about the mentality of "I'll be happy when I get there" that so many fall into.

@1anre Ай бұрын

Destination anxiety is what they call it

@beckyluck3086 4 ай бұрын

Brilliant explanation that’s genuinely empowering. Thankyou.

@reikhard 4 ай бұрын

Nice!!! Clear and very well structured video!

@alexandroff4888 3 ай бұрын

I'm DCAing in Blcktken300 as well. ETH heavier DCA and ALGO. I'm taking your advice and starting Google tomorrow with a 50 dollar purchase and continuing Microsoft and Apple. VTI and VOO on another app and longterm portfolio. Here we go family!

@festerarl6653 4 ай бұрын

Bloody brilliant video. Thanks Damien

@woo8587 3 ай бұрын

I don't usually comment on videos and have never watched one of yours, but I genuinely think this might be the best video I've ever watched in my life, thank you!

@michelmeijer4509 4 ай бұрын

Thanks Damien, for reinforcing the index fund strategy. Once in a while I need this to stick to the routine :)

@shaneproctor4021 3 ай бұрын

Finally somebody that can explain how it all works, in simple terms. This has been a great help. Thank you 😊

@itisdanmoore 2 ай бұрын

Getting back into investing recently, I've just read Psychology of Money and this video resonates so hard with the lessons in that book. Great video, concise, no bs, well edited, and informative. Easiest subscribe ever.

@divinethreadsltd.3588 3 ай бұрын

Outstanding Commentary!!!! Priceless!!!! Thank You!!!

@ToolReviewsofToolsIUse 4 ай бұрын

Damo, your channel has honestly changed my life. Ive lived from paycheck to paycheck (zero state) my whole life. I was always finacially illiterate. One of your vids randomly popped up in my algorithm in march last year and ive been hooked ever since. I watch your vids all the time and cannot believe how much ive learnt. Most importantly, from being extreemly frugal, I have gone from a zero state lifestyle, to having genuine accountability for my finances. I cant thank you enough for the wisdom your channel has given me and the path it has put me on.

@DamienTalksMoney 4 ай бұрын

This is an incredible comment to read! Thank you so much for leaving it. I know it sounds cliché, but this is the best part of doing this KZfaq channel. The idea that I have helped people improve their lives with my videos is just amazing. Well done for taking action; most people would not have done that, so please give some credit to yourself!

@ToolReviewsofToolsIUse 4 ай бұрын

@@DamienTalksMoney it's absolutly life changing mate. I was in such a rut, constantly overdrawn, addicted to purchasing and consuming. I have a reasonably good job but was unable to keep any of it due to my ignorance. Your vids have put me on such a good path and I'm grateful for that. You deserve all your success, well done.

@salutatis 4 ай бұрын

Thanks for sharing Damien. I always enjoy watching your videos

@kathrinaannecoronel5359 3 ай бұрын

Always heartfelt advice Damien, thank you for what you do

@steve.a 4 ай бұрын

Mate, this is gold. The approach and basic nature of the advice is so accessible. This needs an outreach programme to get this type of advice into schools. This approachable financial advice for kids is so important as they move into work. They'll have it sorted wether they start work or start their own business at any age. Love it 👍

@DamienTalksMoney 4 ай бұрын

Thank you for this lovely feedback! I would love to help schools

@dazkhan5717 4 ай бұрын

I am turning 46, works for NHS, solely relying on work pension, thanks to you now I have ISA now, looking 👀 to invest in index funds to help retire comfortably. Thank you for all the links- very helpful. You have been an amazing KZfaqrs who truly understands and support the community through your content. Greatly appreciated. Keep up the good work Damo. I would love to see a video explaining different asset classes available for general public to invest.

@jasharabazi5862 17 күн бұрын

Much appreciated… thank you!🙏

@christophermcgarry8680 Ай бұрын

Excellent video, especially the last few minutes which put things in a real perspective.

@Theway2Mount7Up 4 ай бұрын

You have just got a new subscriber. Was just finding something on google on what to invest in and this is a great explanation of stocks. Thank you 👍

@XclusiveAaron 4 ай бұрын

Your videos are spot on mate, happy new year!

@Lukekalani_ 3 ай бұрын

I love this outlook on investing. I can't wait to get started. Thank you for this. Glad I found ya.

@DamienTalksMoney 3 ай бұрын

Glad you found me also mate!

@Justinfred11 2 ай бұрын

I'd retiring or working less in 8 years, and considering this financial recession, Im deciding to begin taking up skilled trades. I'm curious to know best how people split their pay, how much of it goes into savings, spendings or investments, I earn around $120K per year but nothing to show for it yet.

@Joegolberg1 2 ай бұрын

You should contribute to your retirement diligently, or better still look into financial planning don't come to youtube for advise, consult a Local or trusted online broker/ planner

@Joegolberg1 2 ай бұрын

Very true, I find myself lucky enough exposed to money management at an early age. Worked full time when I was 19, purchased first home at 28 fact forward timo I'm 57 now not laid off

@Justinfred11 2 ай бұрын

This is huge! would love to grow my reserve regardless of the economy situation, my 407k has lost everything accrued since early 2019, at this point, i'm in need of guidance, can you point me?

@Joegolberg1 2 ай бұрын

Christopher Alexander Walter is the licensed fiduciary I use

@Joegolberg1 2 ай бұрын

He's mostly on Telegrams, using the user name

@DylanChe19 2 ай бұрын

Genuinely the best video I have ever watched on money. Clear voice, tone, editing, camera, and information so easy to grasp that you actually learn stuff efficiently with advice.Thoroughly enjoyed.

@BarbaraRichstone 14 күн бұрын

Exactly how I felt watching it. My opinion is that at the end of the day, there's no one particular way of bridging the gap between poor and rich. but starting to save early and investing in the financial markets can never go wrong. if I were to start over in 2024 with less than $50k I would still use the portfolio management play-book again

@Andrian-ch3on 14 күн бұрын

@Barbararichstone this is definitely what I am trying to do! think you could suggest any professional/advisors i can get in touch with? i'm in dire need of proper portfolio allocation

@Andrian-ch3on 14 күн бұрын

I appreciate it. After searching Kristin Amy Rose her name online and reviewing her credentials, I'm quite impressed. I've contacted her as I could use all the help I can get.

@SpencerMackenzieBrown 14 күн бұрын

I’ve watched a lot of these videos & gotta say your ending summary has to be the best advice out of all of them.

@edcurant 2 ай бұрын

This is probably the best advice I've heard on KZfaq, well done

@colinwilliams4272 4 ай бұрын

Knocked it out of the park again. Well done.

@maxsullivan330 4 ай бұрын

I’m a Chartered Financial Planner here in the UK and this is honestly one of the best explanations of investing for the longer-term in low-cost index solutions I’ve seen. You hit the nail on the head and your graphs are fantastic highlighting the need to ride out the volatility. I also think your spreadsheets are fantastic mate. Keep up the great work, I love these videos.

@DamienTalksMoney 4 ай бұрын

Hi Max! Lovely way to start my weekend this, for you to give my content the thumbs up as a licensed professional means the world. Thank you!

@bencook3430 4 ай бұрын

Excellent video. Investing is a confusing space and you simplify it and throw in some humour in your down to Earth style. Your content is much appreciated. 😊

@maltesetony9030 4 ай бұрын

Good, level-headed, & above all understandable material.

@001sander2 4 ай бұрын

Thanks for the financial advice 🤓

@pizi9615 4 ай бұрын

Videos keep getting better Damien! Love the new edits, hope you had a good weekend

@DamienTalksMoney 4 ай бұрын

You are so kind thank you for very much!

@connorc4241 4 ай бұрын

Thank you so much as always, Damien, for such detailed and well explained videos. Always a balanced argument presented brilliantly and your page is easily the best place to go for investing advice in my opinion. Really appreciate the fact that you don't just churn out videos for the sake of it (or your own financial gain) and have a genuine interest in providing useful content for your viewers.

@mssbed 4 ай бұрын

most helpful video RE investing ive ever watched. exactly what i was looking out for

@katscotty 4 ай бұрын

Thank you so much for your videos and for the cheat sheet!

@ploppy193 4 ай бұрын

As they say, time IN the market is better than trying to time the market. I wish I had 40 years left to invest.

@deansmarianne 3 ай бұрын

Thanks Damien. I love how you explain things with great understandable visuals and a warm approach. Somehow you bring empathy and heart to finance.

@ChunWong 4 ай бұрын

Very compelling video, can tell you have done alot of research. Awesome work. 👍

@zeebuzz2734 2 ай бұрын

Absolutely fantastic video mate. Amazing :)

@TechnicalThatch 4 ай бұрын

Love the videos, they feel honest and on point, no fluff.

@carmendior9457 3 ай бұрын

What is the best strategy to enter crypto trading now for someone with more or less than $7,000

@theresahopkins860 3 ай бұрын

Having a ProTrader to keep you accountable is crucial. I'm under the guidance of Jared Brian Watkins

@maracouture7975 3 ай бұрын

Jared demonstrates a remarkable aptitude for seizing opportunities presented by economic changes. I trust his skills

@carmendior9457 3 ай бұрын

How can I consult him

@theresahopkins860 3 ай бұрын

face-----book

@theresahopkins860 3 ай бұрын

Jared Brian Watkins is his name there

@alejandrojparedes 4 ай бұрын

Brillant! Thanks Damien

@fraserconsidine1590 4 ай бұрын

Quality video mate! Thanks

@drew9312 4 ай бұрын

Great video. Really well explained. Covers the key concepts. Keep up the great work.

@robzee2598 2 күн бұрын

Great video, really helpful for a beginner. Thanks a lot 👍

@hanzysjourney8436 4 ай бұрын

Thanks a lot for the great content and the cheat sheet😊

@fredwhite9720 2 ай бұрын

Top banana. Never commented on a video before. These are good. Thanks

@nicwilliams00 3 ай бұрын

Smashing it up mate. Well done as always. Nice Shacket btw.

@SS-vz9iv 4 ай бұрын

Been cutting through how to get a lisa started yesterday with an aim to lock in saving from 36-60 there and this was just what I needed to remind me I'm a beginner but I need to do this for me

@renmimby3000 2 ай бұрын

Editing is absolutely outstanding these days on these videos. Really polished. Well done. Long time subscriber. Love the content

@zuzanna8373 4 ай бұрын

Wow. Fantastic work and I truly hope it pays off for you! Subscribed!

@jameslucop4503 3 ай бұрын

Wonderful advice. You're awesome. Thank you. 😊

@DamienTalksMoney 3 ай бұрын

You are so welcome!

@EkShaman 3 ай бұрын

Great vid, thank you.

@robyn_southafrica 2 ай бұрын

You get my sub because this video was so very informative and i liked all the graphs and pie charts you used. Great video Damien!! 👍🏾

@DamienTalksMoney 2 ай бұрын

Thank you!

@paramjitshergill4148 4 ай бұрын

Your explanation was very good and quite helpful. Very easy to understand 🎉🎉

@kalilavalezina Ай бұрын

Thank you Damien. I always appreciate your concise and entertaining videos. I'm determined to get started with investing this year! (a little fear and education to work through first).

@liakella 2 ай бұрын

Thank you for sharing

@marshalewis249 2 ай бұрын

You rock! Quality content and presentation

@sandylovestoswim 4 ай бұрын

Great video. Thank you!

@ryankeogh5116 3 ай бұрын

Thanks for this video man your videos are very clean and good info

@Mark.maximus 4 ай бұрын

Nice one Damo, thanks for all your content 👍💯 Happy New Year good man.

@mattquantrill101 4 ай бұрын

Another quality video Damo, well done mate 👌 always making a really dry subject enjoyable

@laurarobinson917 4 ай бұрын

First time checking you out, very educational and you did bring a bit of excitement to trading 😂 2024 is my year 🥳

@paul912scott 4 ай бұрын

Thank you for this!

@RetroReselling 4 ай бұрын

Thanks for this video Damien, literally starting investing properly this year after finally getting onto the property ladder in the autumn 👍🏻

@DamienTalksMoney 4 ай бұрын

Mate you are doing great! Here is the basics and I hope they help. The key is long term thinking and consistency and just not going crazy and blowing your portfolio on a meme crypto token or a shady EV company

@OcRefrigeration 2 ай бұрын

Good video ! Thanks for Making it !

@bedwards96 4 ай бұрын

Damien, a genuinely fantastic video. Well done 👏

@roberto8483 3 ай бұрын

Great video with excellent break down of investment. I LOVED IT! Thank you

@mcmotors100 4 ай бұрын

Love this video, I’m 55 and done ok’ish just using common sense, but I wish I’d seen this 30 years ago, but I’ll be telling my daughters

@RobGibraltar 3 ай бұрын

Yep the 5-10year thing is so important. My Vanguard tracker was showing a loss for the first few months, not a lot, but I was still annnoyed until I saw a version of that graph and thought about it properly for a bit. Now 2 years later of consistent monthly saving it's up a healthy percentage despite those initial first few months of disappointment.

@Andy72668 2 ай бұрын

Thought provoking as ever Damo. Good video - come to expect nothing less!

@matteobadwin345 19 күн бұрын

Such a brilliant video, thanks for taking the time to deliver a tricky topic in such an easy to understand way

@verticalmotion 28 күн бұрын

Great video Damien. A walk through of the stocks, clearly articulated with data backing up. I'll be referencing more of your videos. Subscribed 👍

@mumsstuff2496 4 ай бұрын

These videos have been so good, really helped my path to investing.

@spaghettirus1229 22 күн бұрын

thanks. Great advice.

@gscraggster6553 4 ай бұрын

Great video mate, on top form and keeping me totally invested.

@NickHeinimann 2 ай бұрын

I rarely rarely comment on YT videos as I just watch and move on. I'm 30 years old and just started investing so I hopped on YT and typed in "learn investing" and your video popped up. With our attention spans getting shorter and shorter I was amazed at how captivating and easy to understand your video was. Your analogy about why investing in the magnificent 7 might not be the best thing for 10 years down the line same for the US S&P 500 was something I would have never thought about. At the end I thought to myself " What? 14 minutes is already up?" Could have binge watched this if it was a 3 episode 40 minute series! Amazing job on this video man! Subscribed and going to watch as much as I can

@DamienTalksMoney 2 ай бұрын

Love this feedback thank you so much!

@innocentchinonsoegwuoba 4 ай бұрын

I really like the value and professionality in your video. I'm actually planning to begin stock investment. It really helps. Thank you.

@maszamap3888 2 ай бұрын

Great video. Focussing on mentality is huge

@DeanR3 4 ай бұрын

Another great video damo , amazing advice as always love these back to basic videos, i currently invest in vanguard ftse global all cap index fund but debating switching to VWRP what would your advice be ? Worth the switch, also a video on onld pensions and what to put in your sip would be brilliant. Thanks again loving the content 2024 is bringing so far and look forward to more.

@GullaBulla 4 ай бұрын

Great to see you Alty Man ❤

@danycosta2593 3 ай бұрын

Great content man! Keep it up

@PhilmonaTessema Ай бұрын

haha! thanks man! love the outro to your video :)

@johnabiodun5540 4 ай бұрын

Excellent video 👏🏽

@Life_Literacy 4 ай бұрын

Nice video Demo. Broken down and clear… bring on the boring 👍🏻 great points and concentrating on what’s important.

@johnparsons6146 4 ай бұрын

This is by far the best video i have ever watched on a introduction to investing.

@DamienTalksMoney 4 ай бұрын

Thank you so much!

@kingsleygs 3 ай бұрын

What a great video and message, thanks

@paulheyes653 3 ай бұрын

A brilliant video....really really interesting stats and some stark analysis.

@damidammi 4 ай бұрын

You're so powerful man! I see your video with such an enthusiasm! and I'm not even into money or investing too much (I'm a very basic investor at the moment). So well well well done you! thanks for you time, your insight and your honest information! keep up the great job man!

@DamienTalksMoney 4 ай бұрын

Thank you mate! Keep going with your investing you will do great long term and i will be here to help anyway i can.