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Investing Mistakes To Avoid 

Sanjee Sen
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In this video I’ll run through some of the mistakes I made when I started my investing journey and tips you can use to avoid them in the future! Have a question about investing? calendly.com/sanjeesen | Sign up to my weekly newsletter: sanjee.substack.com
Join me on other social channels:
Twitter: / sanjeesen
Instagram: / sanjee_investing
TikTok (yes really): / sanjeesen2020
My website: www.sanjeensen.com
Books to checkout: (Amazon Affiliate links):
Kindle Unlimited Free Trial: amzn.to/3cagouC
A personal finance book EVERY AUSTRALIAN should read (Barefoot Investor): amzn.to/2T8QX1E
Timestamps:
0:00 - Intro
1:32 - Disclaimer
1:49 - Start as early as possible
3:42- Be consistent
5:43 - Emergency fund
7:32 - More fun mistakes
8:28 - FOMO Investing
11:44- Emotional Investing
14:40 - Book a call
My setup (Australian Amazon Affiliate links):
Canon 80d camera and lens: amzn.to/2He8SS6
Rode Main mic: amzn.to/3t1F2Uk
Rode mic (lapel): amzn.to/2TdeDBX
Other videos you might be interested in:
My video on Trading on CommSec: • CommSec Trading Tutori...
Great ETFs for Australians: • My favourite ETFs for ...
My Playlists:
Personal Finance: • Personal Finance
Investing: • Investing
Useful links:
Australian Government website on personal finances: moneysmart.gov.au
Disclaimer:
The information provided in this video is general in nature only and does not constitute personal financial advice. You should also consider seeking the advice of an investment advisor who holds an Australian financial services (AFS) licence or is a representative of an AFS licensee. Be sure to work with someone who understands your investment objectives and tolerance for risk. Your investment advisor should understand these products, be able to explain whether or how they fit with your objectives, and be willing to monitor your investment alongside you.
There are some Amazon Affiliate links above - if you purchase from there, at no additional cost to you, I will earn a small commission for each sale.

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9 июл 2024

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Комментарии : 62   
@EngrUmarIkram
@EngrUmarIkram 2 года назад
Well, I just made my first investment in VGS after watching your videos for the past 3 weeks over & over again. Now I know, why I invested & how this investment works. Thank you so much Sanjee!
@sonyablack2015
@sonyablack2015 Год назад
@@kathleenstoner.n7499 Great advice. Generally, diversification is a key factor. Don't put all your eggs in one basket. Pragmatically, I have been into all of these for some time, though I won't say I have made or lost a fortune. Do you mind recommending a specialist whose platform has diverse investing choices? Quite rare! I anticipate your response.
@Thompson7888
@Thompson7888 Год назад
@@kathleenstoner.n7499 In all honesty, this is the second time I am coming across this Sandra Yvonne Webster. Last Tuesday, I saw a telecast on the economic bubble there were testimonials from her clientele on how they gain daily through her strategies. The testimonies were so impressive and sounded too good to be true. Though I made some research and found out she's one of the oldest by ranking, I am still skeptical. Do you work with her? Thanks.
@viewer80
@viewer80 Год назад
Well, "start early" is a step I can't take. But I won't let that deter me. Thanks for sharing your tips and knowledge.
@CamsCampbell
@CamsCampbell 3 года назад
Great tips Sanjee. I knew all this about starting early in my 30s when I first started earning and I did start, but ended up pulling everything out to buy my business and my home. I guess those were investments too. Now I'm about to hit 50 and am beginning to get back on top again. Thanks for sharing your mistakes with us!
@NickKendall
@NickKendall 3 года назад
Great point regarding the emergency fund! Definitely helps you keep from dipping into your compounding investments if you have unexpected expenses.
@Scott_Hehir
@Scott_Hehir 2 года назад
Great video mate!! I appreciate the guidance. Well made and very clear.
@Koston44
@Koston44 2 года назад
Really nice video. Your communication is so clear and easy to listen to. Very relaxing and calm vibe which i really appreciate.
@samueldanby
@samueldanby Год назад
You've quickly become my favorite financial youtuber Sanjee!
@navineesh
@navineesh Год назад
Really good video and great advice. Thanks Sanjee!
@BarraKade87
@BarraKade87 3 года назад
Great videos mate! Keep it up
@mauroww4920
@mauroww4920 2 года назад
Thanks mate, you are really valuable.
@austinzzz1852
@austinzzz1852 2 года назад
Great video! I'm exactly in the same mindset; tiny parcels for 10x fun and large for etf for slow and steady, best of both worlds
@1966human
@1966human 2 года назад
Good on you bro hopefully this information will help people
@Jimmy_Maxwell
@Jimmy_Maxwell 2 года назад
Beaut video Sanjee! I've watched a few of your videos now and I'm finding them really helpful. You're very engaging to listen to and speak really well! Thanks. James, Qld.
@aussiegardener5629
@aussiegardener5629 3 года назад
hi there. i just found your videos. i also did engineering but unfortunately not commerce but i like what you have to say so i will listen to all of your videos. thanks heaps for making these vids!
@designingthewheel
@designingthewheel 3 года назад
@14:26 I thought it would be nice for us to buy you a coffee so that you don't have to withdraw from your investments to cover it. Then, I realised that buying a coffee machine would be a better long-term option. Thanks for your videos, Sanjee!
@Dookitydook
@Dookitydook 3 года назад
Each month I purchase $500 additional shares of the ETF's I'm invested in, don't even care about the current share price, one month its higher, the next its lower. And when a DRP hits :D
@ohtretf
@ohtretf 3 месяца назад
great content mate.
@christian8657
@christian8657 3 года назад
I wish I start when I was 20 however I’ve started now in ETFs at 25 and plan to keep investing consistently
@ModestMillennial
@ModestMillennial 3 года назад
@Chris we all wish we started investing in our 20s, but its never too late.. you are still ahead of alot of people. Just buy s&p 500 etfs and keep investing consistently.. let money grow and do the wonders 😀
@DancingIpod
@DancingIpod 3 года назад
$500 trade/parcel size is the minimum initial for ASX shares, doesn’t matter which broker.
@dogetaxes8893
@dogetaxes8893 3 года назад
Am young and looking to invest. I'll obviously make misakes down the track but videos like this help.
@saifulalam799
@saifulalam799 2 года назад
Enjoyed your video of the candid nature how you put across the content so easily to understand and follow. Cheers
@SanjeeSen
@SanjeeSen 2 года назад
Thanks Saiful!
@ronlal7984
@ronlal7984 2 года назад
Great vedio mate I use same strategy in rental business
@thailanddiscovery6832
@thailanddiscovery6832 2 года назад
Standing on the sholders of giants!
@HasanKubba
@HasanKubba 3 года назад
Great video! Love this so useful
@SanjeeSen
@SanjeeSen 3 года назад
Thanks Hasan!
@Bondisaurus
@Bondisaurus Год назад
Great video for a beginner/simpleton like me.
@macepollo9989
@macepollo9989 3 года назад
Hi Sanjee, Love you videos! You have already helped me A lot. Just question, I’m not asking for financial advice but is investing monthly not a wise decision as in the long term your fees would be high
@ch4llengerjatt271
@ch4llengerjatt271 3 года назад
Hey bro Can you please tell me how to fill w-8 form on comsec please please
@chrisgoss4787
@chrisgoss4787 2 года назад
Great videos mate . Been a great tool him me in recent times . Got a question for u legend . Is it worth having a dividend stock where compounding doesn’t increase the about of units I owe in each payment? Thanks 🙏
@serverlan763
@serverlan763 2 года назад
How much are the comm sec buy / sell fees for international and domestic trading?
@joshwigg9155
@joshwigg9155 2 года назад
great video
@user-by8hn4pg5t
@user-by8hn4pg5t 3 года назад
Hey Sanjee, If I invest in Vanguard EFTs each month will I still be eligible for a 50% tax offset (for individuals) at the end of the year? Would be super helpful if you made a video regarding how taxation works with regards to dividend or capital gains?? thanks and superb video as always
@shazkumars
@shazkumars 2 года назад
Sanjee - you have advocated 4/5 ETFs as the ones to consider. If one can afford 2k a month and say we want to buy in to all 5 ETFS - how would you plan it from a dollar cost averaging? i.e. the time between buying the same ETF could be 4-5 months apart.
@dmm6671
@dmm6671 Год назад
Why won t you put 2k: 4 or 5 each month?
@cb7560
@cb7560 3 года назад
Thanks very much for another excellent video. Loved the content. Would you ever consider among a video about the pros and cons of LICs vs. ETFs in Australia? I cannot work out the best way to go here. I cannot be the only person in this position.
@DavidSweetnam
@DavidSweetnam 2 года назад
Totally disagree regarding not investing in individual stocks. If you have $100,000 in an Australian ETF, then about 10% of that (more or less) will be in BHP, but if you have $10000 in BHP directly i dont see the problem. Plus you’ll get the full franking benefits, and no capital gain or loss issues until you sell. Also let’s say you have $100,000 in A200, then that’s about $25,000 in the top banks. Add it all up - your investment in an Australian ETF will generally mean you have about half in the big banks and the miners. Is this what people want? Why can’t they sprinkle their money across their favourite companies and do their own weighting?
@ModestMillennial
@ModestMillennial 3 года назад
Great video Sanjee.. loved the content 👌
@SanjeeSen
@SanjeeSen 2 года назад
Glad you liked it!!!
@chewbaccasaw5232
@chewbaccasaw5232 2 года назад
I think a lot of people don’t realise how much fees and insurances eat away at their super
@fionastobie8945
@fionastobie8945 2 года назад
So the minimum is $500. What is the average you usually start with?
@SanjeeSen
@SanjeeSen 2 года назад
Hi Fiona, yes the minimum most brokers will let you purchase with is $500. When I started I was putting around $1k-$2k per purchase.
@weslee6700
@weslee6700 3 года назад
I wish I started years ago! But I started this month, never to late I guess :)!
@ModestMillennial
@ModestMillennial 3 года назад
@finance with Wes: its never too late, just keep investing and let the money work for you.. also be consistent in woth dumping the in your investment account 😀
@weslee6700
@weslee6700 3 года назад
@@ModestMillennial Thats what im planning to do! have a minimal what I want to invest per month and I hope to increase that regulary!
@ModestMillennial
@ModestMillennial 3 года назад
@@weslee6700 as soon as you will see the money making money for you, you would want to invest more.. i am 30 now, i started couple years ago with minimum amount and at this point I am very frugal on spending money.. my goal is just to save money... I am sure it will happen to you as well..
@weslee6700
@weslee6700 3 года назад
@@ModestMillennial let's hope! My girlfriend isn't sold on it yet! Let's hope we can show the potential 😁
@ModestMillennial
@ModestMillennial 3 года назад
@@weslee6700 show her all the videos on youtube that preach starting small with your investments :) Also, you can always find another girlfriend lol, just kidding
@heaketh
@heaketh 2 года назад
I have a question for you. What do you invest in?
@SanjeeSen
@SanjeeSen 2 года назад
Hi Matthew, great question, mainly ETFs currently.
@heaketh
@heaketh 2 года назад
No, I mean the specific names of the ETF'S that have invested in?
@patpaof
@patpaof 3 года назад
DW8 at the back ? 👀👀
@SanjeeSen
@SanjeeSen 3 года назад
Haha it's actually DWBH: Don't Worry Be Happy
@et8893
@et8893 2 года назад
Its not the same amount of money. Its the same number but different value. $1000 a month was good money 40 years ago and impossible for a 20 year old to earn back then to be a millionaire now. Just saying. Same number but different value.
@Campbell400
@Campbell400 Год назад
Hey mate I invest in psychical metals for wealth preservation I'm thinking to do the same in stocks as in throw what i can as a single income family to just hold wealth not build wealth What are your thoughts on this ?
@johnnyblaze373
@johnnyblaze373 3 года назад
Hey Sanjee, i just sold an investment property after reading barefoot investor, I have quite a bunch of cash and want to invest, was thinking and have researched into keeping things simple ie A200, VTS, VEU by evenly splitting my profits into these shares. I know you're not a financial advisor but would you give a thumbs up or thumbs down to this comment?
@johnnyblaze373
@johnnyblaze373 2 года назад
@Sanjee Sen is this an auto response?
@georgekirui5861
@georgekirui5861 3 года назад
The best time to plant a tree was 30 years time ago, Second best time to plant a tree is now
@SanjeeSen
@SanjeeSen 3 года назад
So true! Thanks for sharing George!
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