DOUBLING My Money! Trading 212 Portfolio Update! 

Hi Mitch, another great video. Do you only activy invest in Trading212 ISA now & not in Vanguard ISA? How do you personally manage two ISA's at the same time. Would love to see a video on that!

@@elbin8392 hey, yes your correct I only actively invest in T212. Vanguard is an old ISA I no longer invest in.

Great to hear Elliot!

Isn't VOO and VUG similar in the sense both are investing in the S&P 500? What is the difference? I thought it is generally advised against to invest in multiple ETFs or Mutual Funds?

There is 55% overlap with the holdings in VOO and VUG. 1 is tech heavy and the other is financials heavy similar, but not the same. VOO tracks the S&P 500; VUG is just focused on large cap growth stocks. VUG is a bit more volatile, but with a higher upside potential. VOO is a bit safer. I’ve never heard anyone advise against multiple ETFs/mutual funds. You just have to be aware of overlap. You don't have to act on every forecast, so I'll suggest that you work with a financial advisor who can help you choose the best times to purchase and sell the shares or ETFs you want to acquire.

I agree, that's the more reason I prefer my day to day investment decisions being guided by an advisor, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using my advisor for over 2years+ and I've netted over 2.8million.

I appreciate the implementation of ideas and strategies that result to unmeasurable progress. Being heavily liquid, I'd rather not reinvent the wheel, thus the search for a reputable advisor, mind sharing info of this person guiding you please?

Finding financial advisors like Colleen Janie Towe who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.

Perhaps a mistake as most companies in the FT-100 are actually global companies - a lot of their income comes from overseas. While UK is very much going down the toilet long term, the big FT-100 companies will do OK, especially as the pound declines. FT-100 also recently hit an all-time high, plus the index is less overvalued than the S&P500. I have several funds, but FT-100 is always one of the smaller, but still key components.

Thanks!

Appreciate it Will! Thanks.

Hey! Thanks for watching for so long! But yes it’s pretty insane, just consistent monthly investments and some good returns and it’s really blown up! Yeah I can definitely share the average price for each position too

If you need advice, consider speaking with a financial advisor. Don't get me wrong, you can do it on your own, but financial advisors have a lot more knowledge and expertise in this area.

Jump on some earnings calls is probably a great place to start, then dive into the investor relations pages for different companies to start understanding financials etc.. you can also use websites like Yahoo Finance who share analyst forecasts too

You can have multiple ISA’s, but you can only invest in 1 ISA per tax year. My Vanguard one is an old account, my only active one is Trading 212

@@MitchShoesmith Thank you!

This was my question too, but why would you not just sell off the vanguard account and put it all on 212?

Thanks! I’m definitely aware of the concentration risk but not concerned, I think a big chunk of companies in the US are the best on the planet, so that’s where I invest my money, at least for now!

Yes and no, logically makes sense but because the gains are different across the board the allocation changes all the time. E.g my AMD position has recently soared to 14% of my allocation whilst Tesla has dropped from about 18% to 9% and is now my second smallest position just from changes in share price alone.

Hey Adrian, thanks! Yes of course, I’ll try and remember to include it next time!

Hey Emma, because AMD stock has gained proportionately more than my other positions my overall weighting in the portfolio for AMD has increased, essentially by selling some shares I would reduce my allocation (taking some profit too) and redistribute funds to other investments to keep things “balanced”. Hope that makes sense! Happy to answer any questions ☺️

@@MitchShoesmith HI Mitch, this is really helpful, thank you. Tbh this sounds like it would be a good subject for another vid if you were interested in doing something a bit educational. I thought you were more of the mindset of just holding for years, rather than selling so again it would be really interesting to hear more o your thoughts around this - perhaps as part of the same vid. Either way, your videos are great and thanks again for the response :) Emma

Nice!

Hey, the plan would be not to solely live off the dividend income, but also drawdown on the capital gains too. It’s hard to say what I’ll need in 20/25 years from now, but you can use something called the Rule of 4% which can help decipher what portfolio size you need to live on.

@@MitchShoesmith how does the rule of 4% work my brother ? If you don’t mind me asking ?

@@UNKNOWN-1589 if you do your future portfolio value and multiply it by 4%, that’s the typical rule of thumb for how much you could withdraw from your portfolio without it losing value. E.g. a £1,000,000 portfolio x 4% withdrawal rate = £40,000 per year to live off.

@@MitchShoesmith thank you bro I appreciate you

Great that you’ve got £300k to invest, my dividend income is fairly small, the only yields I have are from the S&P500 which only as a current yield of 1.23% and Apple with a yield of 0.5%. It works out roughly about £50 a quarter based on my current portfolio. You’d be better off looking at higher yield dividend paying stocks if you want more in dividends

@@MitchShoesmith thanks for your reply

Yeah it may take some time, I’ve been building my portfolio over many years. Stick with it for the long run 👍🏼

@@MitchShoesmith Thanks Mitch. I think the NASDAQ 100 and AI & IT stocks have been hit a bit today. As you say, it’s a long term plan and these dips happen. I think so long as there’s a “soft landing” in the US and no hard landing recession we should be ok. Impossible to predict I guess….. or we’ll all be millionaires! 🤣 Keep up the great content. 👍

@@VmcgHD haha yes very true! Thanks!

Hey, I use Yahoo Finance for the analyst forecasts

Hey, it’s a fair question, the S&P500 is a weighted index so it is more weighted towards the like of Amazon, Apple etc… but individually if we take Apple for example, it probably only has about a 7 or 8% weighting in the S&P500, so the proportionate exposure is far lower than me buying individual shares and having 100% exposure. The aim being those individual stocks hopefully outperform the index (and therefore the other 490+ other companies) that I hold within the index. Hope I’ve explained that ok!

@@MitchShoesmith thanks man . Clears the air 👍🏼

What does resurfacing your portfolio mean like selling stocks then buying more of others. Can you explain more about this please like when do you know when to sell and buy more etc

Yahoo Finance

Personal view is it’s a good way to earn money on spare cash in the portfolio that otherwise wouldn’t be doing anything, the uninvested cash comes from a money market fund so worth just doing some research on that so you’re fully aware of the risks.

Hey, I do yes

Hey, I make all my investments in an ISA account which is tax free, but if you need specialist tax advice I’d recommend finding a tax advisor to talk you through it

Hey, I’m not aware of one, unless anyone else is…?

Nasdaq 100 is the go to for that

Hey, I’m not I only invest on trading 212 for this tax year, my vanguard is an old account

Hey, tends to change slightly month to month but usually between £600-£800

I’ve been investing in the account since mid 2020

Hey, yes two ISA's, but just to be clear, I only invest in my Trading 212 ISA - you can hold multiple ISA's but you can only invest in one ISA per tax year.

Hey Jake! No not anymore

@@MitchShoesmith Can I ask if thats due to a change in desired risk levels or something else? Ive been buying s&p etf since lockdown but I keep getting interested in forex, seems high risk though and need a lot of time to look at charts

@@jakehumphreys2675 it’s a combination of factors really, returns from trading were volatile, and it was a tonne of work just to keep on top of things, whereas I much prefer investing for the long term, which is so much more passive rather than actively day trading

Hey, I personally use Trading 212 which I think is the best and definitely one of the cheapest platforms to invest… I usually do an ISA comparison video around the turn of the tax year which I’ll plan to do again.

thank you so much@@MitchShoesmith

lol thanks