This video is for complete investing beginners, for those of you who want to start investing but are overwhelmed by where to even begin. I will go step by step through what I would do and why based on if I wanted to start investing for the first time in 2022 and knew nothing.
We will cover:
What types of investments I would buy
How to protect those investments from tax
Which investing platform I would use
Here is a link the best comparison on platforms I could find, but I often doubt if they are bias as I do not agree with some of the scorings so below are my personal choices.
🎫 Trading 212
Do you want to get free shares worth up to £100?
Join Trading 212 Invest with my link, and we will both get free shares.
input promo Code: Gbassinv if the link doesn’t work
Here is a guide on how to use them.
Freetrade – The next best option to 212 and they are current open for new joiners, issue is their ISA charge can make them more expensive if you are only looking to invest small amounts.
Here is a guide on how to use them.
Vanguard – Great option for those who just want funds and to set it and forget it.
Here is a guide on how to use them
Timestamps:
00:00 – Who is this video for.
01:00 – There is a problem with investing.
02:30 – Investing can be very easy
04:18 – what is an index fund?
06:00 – How to pick an investing platform
06:30 – The importance of an ISA
08:20 – The best investing platforms
09:33 – Which index fund do we buy?
11:45 – The importance of long term
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