I got £350 on the premium bonds this month, my biggest win by far. It makes up for last month’s zero win, and I finally beat the compounding investor 😂
nice, how much do you keep in there? I have £200 for 11 years and never won a thing lol, I said to myself that I'm not putting any more money unless I win at least once.
I sadly had to sell all my shares last month to wipe out some of my debt caused by buying a couple household appliances to which I was paying £80 per month and also had high interest. It will take a while to get back to the level I was at before but I'll get there slowly 👍
Good to see you making steady progress during the shortest month of the year 👍🏻 Just £125 for me in the first 2 months of the year but I managed to get my second highest win in March at £225 so am a bit more happier now.
Good progress there. On track for a £682 monthly div average myself. Miners are letting me down on divs but im still loading up to( fingers and toes all crossed) catch the turnaround. Im quite well diversified but just think its time to make bigger more specific investment to gain more. I try not to think about why i didnt go all in on Rolls Royce.....
It haunts me that I sold my RR in Jan 22. I did buy back in but my gains are nothing like they would have been. Also sold my BAE in Jan 22...just before Ukraine was invaded. :-/
As a uk based dividend investor this is deffo my favourite channel. I hope one day I could have a portfolio like this guys here! Keep up the good work mate
Great to see someone that is going to make good use of the forthcoming UK ISA, sure it's not the change I'd have hoped for but there has been so much mumping and moaning online about it.
Really look forward to you updates and time and effort put into them... had a bit of a rollercoaster month. But have invested many different companies including RELX, Airtel Africa IUSA and Legal and Generl through last month hoping for good things...
Really like your videos .. Have been mostly in S&P500 but with the new British isa 5K allowance coming soon would be interested on your take on this. Thanks
Thanks, yes as I am mainly a UK investor the British ISA will allow me to shelter more investments from tax. It will also help to generate more interest and enthusiasm in UK companies.
Are you excited about the possibility of the British ISA? Although, given your heavy tilt to UK stocks already, I guess you could focus your main ISA allowance on international companies.
Yeah I really welcome the British ISA and will make good use of it for sure. I still have shares outside the ISA at the moment as there is not enough room to put everything in. I therefore keep the lower dividend payers outside but that can generate capital gains. The British ISA will help significantly but we may have to wait until April 2025 before it is actually available to us.
Strange month last month as it was a leap year, totalled my divs up 760.00 then when i looked a week later i received 3 more who decided to pay out on the 29th of Feb, which i added to March. I am more interested in my yearly monthly total average i hope i will make my target of 1 k a month so far in my year as defined by when i first started investing rather than tied to a tax year or a calendar year so far it has been achieved over a 9 month period. Dividend investing is like being a prostitute you work for years as a prostitute being abused by others, in order to invest, then overnight you become a pimp living off other people's moral and immoral earnings. Thank you for another enjoyable posting.
I received a njce amount from Greencoat UK Wind, then a few small amounts from P&G, AmEx and Apple. Like you say, the first months of the year are quite quiet on dividends.
Thanks for the video im still adding some DGE I would still like quite a few more also some ULVR CRDA PETS im still heavy on financial stocks and oil so trying to even out nice to see the banks have a rise this month I also added some US stocks do you not get tempted by SBUX for example it paid this month and the price is down currently. Best wishes as always
What's your strategy for the premium bond winnings? Obv you cant reinvest so do you use it to funds your share purchases or tops up a partner/childs bonds? I stick mine into VWRP
I use it to build up a cash reserve in my NS&I Direct Investor account. In the event of a market crash I have funds available to go bargain hunting. Much of my gains in recent years have come from buying shares that had a short term fall e.g. Shell, BP, Rolls Royce. Warren Buffett has at least 20 Billion available at all times for this purpose. When the market is booming I put a little less into the market each month and save it in the Direct Saver account.
I pay my winnings into an current account that i use an emergency account. Leave about £50-£100 and pay into a high interest savings account connected to the emergency account.
Awesome to see, interesting how your first couple months of the year a slower paying and it then massively picks up! I’m guessing you’re close to being on target for an average of £1500 per month this year? So so motivating!!
Thanks so much. Since the government cut the non-ISA dividend allowance from £5000 a few years ago to £500 next year I can only really buy low dividend payers outside the ISA. there is is not enough room to put everything in the ISA unfortunately. This will slow down the dividend growth per month. Perhaps £1300 by the end of the year would be a more realistic target now. The following year, the British ISA will help a lot.
Great video as always. I received £14 from Games Workshop in February. It was also a great month for my ETFs. Looking forward to watching your monthly dividends continue to grow.
Just discovered this channel last night and really interested in getting started - hoping early 40s isn’t too late! I’ve downloaded 212 but how do you identify which stocks and shares to buy / identify those paying best dividends? Do you have a video which answers these sorts of questions / beginners guide etc please? Thanks
I'm not allowed to give investing advice and I agree it can be quite confusing deciding what to buy. There are so many choices. You could buy growth companies, dividend companies or those which hopefully do a bit of both. There is also index investing and you also have to decide which countries and sectors to invest in. If I was starting from scratch I'd begin with index tracking ETFs such as ISF for the UK which invests in the complete FTSE 100 index and pays around 3.9% dividend yield. VHYL is an All World ETF which invests in around 2000 companies paying higher dividends from around the world. I think the yield is around 3.5%. Be careful however as if you concentrate too much on dividends the actual growth of your capital tends to be lower. Individual shares are more risky but if you want an idea of different ones then I've got a playlist (below) on selecting shares which you might want to look at for ideas.. ru-vid.com/group/PLQClJItS3IVnjG0ItfxXDgsPVgl621mmC
I don’t think it’s one specific value. Too many variables e.g. plans may change in retirement and you never know how much you are going to need. There is an amount in mind where I could perhaps just scrape by with current expenditure but the longer you leave it the grow the more options it gives you. I also enjoy the day job at the moment so not thinking about retirement just yet
Thanks so much. The British ISA might not happen for a while, maybe April 2025. I’ll definitely make use of it and I think it will generate a lot of interest and research into U.K. companies
I got £100 last month which was the second month of premium bonds. Well above expected return for money invested. Felt cheated not winning this month haha!
My favourite channel by far. Just paid mortgage off at 34 and now starting dividend journey with my wife investing also. Picked up over 3 months of being mortgage free: - Legal & General - AVIVA - National Grid - Tesco
@@TheCompoundingInvestor Buying this month: - HSBC - Natwest We are ignoring monthly price movements and looking at the “AMFI” (average monthly free income). Passing £30 a month AMFI this month, hopefully should pass £100 AMFI by the end of the first year. hoping being mortgage free with a eventually large low-fee (so not buying funds/ETF’s) should mean early retirement/FIRE by the time in in my 50’s. incredible for a low earner (£40kish a year) with baby next year also. Should be able to cover half of wife’s lost contribution to current account also to maintain dividend progress without too much loss of contribution. takes some commitment and sacrifice. but you sir are a light in the darkness of what can be achieved. I feel for my generation (millennials) without the S&S ISA approach working to 75 could be a realistic prospect. thank god the FTSE100 has decent dividends.
Hello, I'm 19 and a student, since my parents can afford to support me, my expenses are really low and I'm planning to get a part time job to build up some savings. I'd like to get into something like this about now since it seems like a really good time to start. Could you perhaps make a video explaining some basic terms and what sort of investments are considered really safe. Pretend I'm a 5 year old. Thank you.
Thanks for the suggestion about the video. It is something I may do in the future. Investing in the stock market always carries risks and nothing is really classed as safe. In the 1970s the U.K. market crashed around 70% at one point so you have to be able to cope with that if it happens. I wouldn’t be investing if you needed the money for any particular purpose within the next 5 years, preferably longer. If you are intent on investing for the long term the setting up a platform is easy. An app based platform is quite popular e.g. Trading 212 or FreeTrade. You just need a few details like ID and then you have to fund the account. Knowing what to buy at first can be daunting. Buying exchange traded funds like the S&P500 means you buy all 500 top US companies in one share. This is very popular. An All World ETF gets you exposure to thousands of companies across the world. This is also very popular. None of this is investment advice of course, just what I personally would consider if I was starting again from scratch and could go back in time. Investing does carry risk.
Love you videos buddy, can I ask why you do not buy US stocks? I know you have bought into an S&P 500 ETF but not individual stocks. I was wondering if there was a particular reason.
Thanks so much my friend. My Barclays platform only allowed the purchase of overseas individual stocks until about a year or so ago so I’ve grown accustomed to buying U.K. shares since I started in 2009. I’m also mainly a dividend investor so if I bought US dividend stocks I’d lose a big chunk on withholding tax. I also don’t know too much about individual US companies as I was not allowed to buy them on my platform. This is why I only the whole S&P500 in an ETF when I fill my ISA and need something which has a low dividend that I can keep outside
On average since I started it works out at around 1.4K a month of new money going in. Dividends will go in on top of this. I paid the mortgage off before starting this portfolio and that helped a great deal. It allowed me to focus on this one thing without any debts taking funds away each month
Hi . I have a question please . Sorry if it has been asked or in a video already. So I seen your portfolio has £414,000 through buying and re - investing dividends . How much total of have you actually invested yourself over the years without the dividends and shares increasing in value ?
I do quarterly portfolio updates with all this info in. The latest figures today are 255k invested since 2009. Started with a lump sum of 5k and then just added spare money in each month. Value today is 437k. I know many will have got better returns than this but I made plenty of mistakes in the early days and these figures include everything. I was also restricted to buying U.K. individual shares on my platform up until a couple of years ago and ETFs were not mainstream back then
Joined you with the Greencoat dividend this month 👍 You any idea why Tate & Lyle share price has been in decline for a while now? Was my first dividend stock only news I’ve seen recently is the buying of whitworths being referred
Probably going through a transition phase as they have been trying to produce sugar alternatives. The 5 year share price chart is not great I have to admit. Tate and Lyle not a massive holding in my portfolio so I'll hold for now but keep a close eye on developments
Hello kind sir, I hope you have the time to reply. I currently have 30k spare cash looking to buy a home in 4 or 5 years, can comfortably save like 18k per year. Why should I invest in companies and not just put my money into a fixed savings account for a year, or spread into different saving accounts offering up to 7% ?
Not financial advice but if I personally was intending to buy a house in 4 or 5 years time I wouldn't go anywhere near the stock market. Anything could happen in that short space of time. I only invest with money I can afford to lose and I made sure I paid off the mortgage and all my debts before starting this portfolio. I invest for the very long term e.g. decades.
Yeah depending on the tax bracket you are in then premium bonds can be the better option. I think doing some research on this is a good way forward to see which would give you the better return with tax taken into account. 30k is a decent sum to put away for a house. I wish you all the best.
Why don’t you you pay more attention to share price performance? Eg if a company’s dividend yield is 7% but the share price is all over the place or possibly falling, is there any point in investing in it?
I get both dividends as well as capital growth. My average dividend yield is not that high and is around 3.4%. This year so far the portfolio is up 55k and I’ve only put 10k in, giving me a net gain in value of 11% for the first 6 months of the year
I don’t analyse stocks. I just pick large cap global giants which are virtual monopolies and which we all depend on e.g. Electricity, Water, Consumer staples, pharmaceuticals etc. Old established companies which have stood the test of time. In the early days I found The Motley Fool quite a good website for reading articles on those types of companies
I used to use the free sites Pixabay and Videezy but the range was not great and the downloading was rather slow. As my channel grew I decided to invest in a StoryBlocks subscription which made life a lot easier. I would really recommend it as it has photos and music too which you can use in your videos. The best piece of advice I saw in the early stages was not to worry about trying to get things perfect initially, just get videos out. Each one you do will get slightly better.
@@TheCompoundingInvestor thank you for your response. I already opened one with vanguard with my ISA, but these individual stocks aren't available. If I open with Trading 212, I won't be able to use an ISA, I hope this won't bite into the interest I will make from it eventually?
You say that you're using s&s Isa to get free dividends. How does that work, do you get tax free dividends only from Isa and pay tax on the other ones? I'm just getting into it and I'm quite confused
In the U.K. you can open a stocks and shares ISA and put in 20k of new money each year. Any dividends and capital gains on those investments will be tax free
@@TheCompoundingInvestor hey thanks I just looked at it on trading212, previously I used monzo and I didn't have the option to choose where it goes so it caused a lot of the confusion on my part. Thank you for replying and great videos!
I have a small porfolio on T212. It is very cost effective and is commission free. Great for small portfolios or for those first starting out. My main porfolio is with Barclays and I’ve been with them for 15 years, but they are very expensive. £6 a trade and 0.1% ongoing charge. Reluctant to change now in case anything goes wrong with the transfer especially where ISAs are concerned.
@@TheCompoundingInvestor I know but the majority of them are based in the uk. Just wondering if there is a specific reason for that? I find US stocks tend to perform better. By he way I love your videos, they have great information.
Thanks my friend and you are right the majority of them are U.K. based. The reason is that my platform only allowed me to buy individual overseas shares a couple of years ago so therefore I grew accustomed to buying only U.K. stocks and did all my research into those. ETFs were not mainstream back in 2009 and I only knew about those many years into investing. These days I buy a lot of ETFs such as the S&P500.
so be real with my bro if i invested everything you invested in, over the years i will do very well in life? im 20 i could invest 10k a year in dividends maybe more.
Nobody can predict the future. Investing carries risk. You would have done far better than me in total return with a global ETF or even and S&P500 ETF. I would never try to copy someone else’s portfolio because everyone is different in regards risk tolerance, financial commitments, end goals etc. I’m simply showing my own journey.
The cash remains on the platform and I reinvest it. I just show the dividends as cash for entertainment as my viewers seem to find this more motivating than simply showing boring numbers on a spreadsheet.
Most of my videos done on an iPhone 10 using free iMovie app which comes with the phone. More recent videos done on an iPad as I was running out of storage on the iPhone. For graphs I use the free keynote app. I have a tiny plug in mic which cost around £60. I know some creators spend thousands on equipment but mine is definitely low budget as my iPhone and iPad I already had.
Go part time and use your dividends to pay bills- less cash saved and invested, but more quality life gained/ life is short sometimes so go have some fun
Surely with all these type of videos, you have to have a lot of money already sitting in these various places etc. Not like your average joe on an average wage could do anything close?
Only have an ordinary teaching job. Lived frugally. No expensive holidays, run car until it falls apart, I don’t buy unnecessary stuff and no debt at all. Basically I spend less than I earn and invest the rest, just over a very long period of time. Compound interest then does the rest of the work like a snowball growing. Generating wealth this way is more about a habit and sticking to it year after year than how much high wages are. I’ve made a video below to show how I became debt free in the early days.. ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-s-YpNhVsGOk.html
@@TheCompoundingInvestor thank you for the reply, not expected to be fair! So with my piddly amount of £2k I’ve got sitting in an account doing nothing, I could invest in same places you mentioned and I’d actually make some money back?(I know not remotely the same amount back as you etc)
@graememarsh I started off with a really small target. To generate enough passive income to achieve just one cup of tea a day. Video below.. Dividend Investing For Beginners ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-rO9pSHiT4P0.html
For investing purposes I agree they are not the best idea and won't beat inflation. I use them simply as a tax-efficient emergency fund kept out of the market on purpose
