Are you a beginner investor with Vanguard? Did this step-by-step guide give you enough confidence to open an Investment ISA and start investing? Please share below :)
Two questions: I've seen that you have many investment accounts or you have many videos showing how to open up these investment accounts, but if I open more than one or two investment accounts... how will I manage the 20k s&s isa allowance with all of them. Also what's the difference or pros and cons between high street banks and Vanguard or Trading212 type investment apps for buying stocks and shares etc
I just set up a retirement target fund. I notice while exploring the dashboard the under investments there is a red button next to my monies stating invest. I thought the money was invested automatically. Do I need to do anything?
I know you'll be getting this alot but I would genuinely like to thankyou for your clarity. I'm 23 and just finished my grad scheme so I thought now would be a good time to start investing. You seem to be the only person on here that has no ulterior motive other than to actually help people, its refreshing.
Impeccable Explaination. I mean, the pace, the eloquence and the simplicity. This is how all finance topics should be broken down. You talked to me like I was a 4 year old. That is amazing! And I understood everything! Liked and subscribed.
@@TheHumblePenny I've been binging on your videos. So much info. Are you looking for a mentee by any chance? Because I'm looking for a mentor. 29y, in my first year of business. And it's going great as my company has turned over £600k in 9months. We will do even better in the next 5years. However, I'm only now able to comfortably put money to the side. Unfortunately our elders didn't teach us any finances whatsoever and nobody bothered to put me on this path in my early 20s. I wasted so much time. Our communities are deprived of such simple tools. Some people know about ISAs and won't even educate a nephew. Kindly let me know if you are taking on any mentees. I wish I had your videos 9 years ago.
Excellent news on your business. That's awesome! Please feel free to drop me an email via our website and share more about you and your business. thehumblepenny.com
Vanguard has such a wide range of options you can hedge your bets on every country in the world. Your only risk is the world defaulting, but then we probably have bigger problems.
Unbelievably helpful, very happy with this video thank you. I done this last week. Bought into the s&p 500 etf with £100 every month, will be going for the FTSE all world high dividend etf for more diversification next with the same amount going in. I liked the sound of the accumulation initially but I think with the distributor you get a more of a hands on approach giving you feel for it. Ken you are the man 👍
LOVE VANGUARD.. I also use vanguard for 2 years now and Been a very easy stress free experience. Money is being working for me ! Every month. Thank you Ken
Teaching is a skill, and you really have it. This was so clearly explained. I’ve been on a 15 year hiatus from investing. I used to be in an investment club with friends. I really wished I had kept up with it. Thank you so much for this channel 🙏
Thank you Ken, I opened an investment acct with Vanguard recently after watching your video on ETFs. Your videos are so educative and informative thank you once again.
@TheHumblepenny - I opened an account back in June 2020 - however, I'm not sure how to regularly upkeep the account and how to diversify the investments Can you do a video on couple of months down the line: dos and donts, tips and advice. Things like how to terminate investing in failing stock and opting for other stocks - basically the housekeeping once you have started investing Thanks
I have one more year of paying down credit card debt, then I'm starting the journey to sort my finances out and begin saving for a house and hopefully stable future. Saving all these videos to try to learn what to do when the time comes! I wish I had someone close to me in real life who had knowledge of personal finance/investments - I feel like I'm going to make some stupid mistakes due to lack of knowledge/understanding...!
I am seeing all the complicated terms (e.g. NAV) that you seem to brush over in the video, and maybe investing is a bit easier for you as you have a career in accounting. What about a video in how becoming an accountant helped you in your personal finance journey? Or maybe finance related words for beginners/people who start in their personal finance/investment journey (for instance how to evaluate funds roughly)? Just some random suggestions. Thank you as usual!
Tha l you very much for this video, thanks to you I was able to confidently open an ISA account and start my index fund investment, you are a god send🙏🙏🙏🙏
Looking forward to watch this one! I’m 23 and want to get some good foundations behind me for later in life. I’m saving roughly 500 a month, just trying to work out how much of that to invest and how much to put into a normal savings account. Wish me luck! Great content as always
@@conorm2524 Only recently realised this after a year of having an rbs savings builder, terrible return via interest, even after extended periods of time. Investment ISA's seem like a much smarter way to go.
I have seen vanguard pop up a few times online but a I must admit your video has encouraged me to open an account. I wasn't sure were to invest but you mentioning that I change my investments and the amount i put in which was a GREAT HELP !!! Thanks for the video and keep up the good work.😊
Amazing, Layton! Great to hear. Please keep us posted on your progress. Please approach this investing journey as a long term thing and don't be worried about short term movements.
I love this guy! Good presenter, really clear and makes it easy to understand. I used this video to open my Vanguard account after thinking about it for months. Thank you so much! I’m excited to see where this takes us!
Great content previously only invested in individual stocks like tesla but after this video I have opened a vanguard s&p 500 ISA to keep my money saved while earning money on top going to keep investing monthly!
Thank you, Humble Penny, for the message you give potential investors. I'm now rid of confusion and can now begin my investment journey into funds for my future financial independence and wealth .
Excelent, straightforward, easy to understand, put accross well. I oppend an ISA with Vanguard around 12 months ago, and I'm fairly happy with the return considering what we've been going through lately. I pay in lump sums every so often as well as regular monthly payments into both LS 60 & 80, I'm aged 50 with roughly a 10 year time horizon. It has been a somewhat nervous time to invest, but I trust the product to at least offer better returns than leaving the money in the bank right now.
Hi Ken. Could you do a series of videos about Pensions? I want to invest in a private Pension but I so confused about where to start or how to start and the tax reliefs when redrawing money
Thank you so much ken. Very clear and simple strategy of investment. But like you said, have your BEF ready first, think about long term and other info is worthy looking into before investing. Thank you very much and God Bless you.
Same here...not sure about T212 as is pretty much active in the UK since 2016/17. Vanguard is more established and in my opinion more reliable to put your money in. I'm 34 and just started investing... a month ago today! Is a long journey but I give myself at least 10/15 years to see a decent return! Definitely will open a vanguard account soon and sell off anything from T212 ...
One thing i've struggled on is, what is better single or recurring payment. Isn't it better to invest £500 as a singular, rather than £100 every single month? I plan on Lifestrategy 100% equity, and want the set it and forget it style. £500 is the £100 over 5 months, whereas £100 a month for years is considerably more - especially in set it and forget it
This is great info, I've started with the life strategy 100%, I was a bit worried when I first started but I want to investment long term for a better return. I've already made a couple of pounds after a week or so but I will take your advice and try not to look at it everyday 😄
Loved this video so informative and well explained. I will defo use them once I have a little more of money saved up so it's worth investing. thank you Ken (and Mary of course)xx
Hey Thomas, it would be cool! However, last I spoke to them, it wasn't in the works just yet as not enough people are asking for it. So they instead pass the savings to us in lower fees :)
@@christopherflynn843 Well... I'm not sure. Different platforms offer value in different ways. Some have apps but are materially more expensive... All depends I guess. I personally think that it would be nice to have one. But I don't miss not having one. If anything, it stops me looking all the time :)
@@TheHumblePenny I am of a similar mind to be honest. Its a nice to have but not a deal breaker for me. Vanguard are a great company and suit me as a set and forget investor. Keep up the good work!!
Amazing content, thank you so much, Ive subscribed. I have a question, what would happen if I have tough months and don't want to invest the minimum required each month? in that case will the platform sell your fund and keep your money as cash? Many thanks
Hi Ken. I was looking to open a lifestrategy 100 in the next few days. Probs open with £500 and then £200 monthly. Would now be ok to open one with the current situation in the world right now or perhaps wait alittle longer? My best guess is perhaps it doesn’t even matter aslong as iam looking to invest for 5+ years?? Thanks
Great video! My questions are - 1. Is it bad to invest in Vanguard through my Etoro account? 2. What do I do with the money that is distributed? I am interested mainly in the s&p 500 US etf.
My wife sent me this link and it's really amazing. Questions 1. Do you pay tax on your returns? 2. I want to buy a house in the UK and I have about £1000 at the moment. What can this amount do and where can it be invested in other to achieve my goal?
Thanks to your wife for sharing :) No, you don't pay tax on your returns if you buy in a stocks and shares ISA account for example. If you want to buy a house, I'd suggest starting with a Lifetime ISA account as the government give you a 25% top up as a first time buyer but this is capped at £4k per year. You need to save a lot more money for a house for sure. Aim for 5% to 20% of purchase price of your ideal home. Different lenders can offer different options. Watch our video called "How To Buy a House"
This video has really supported my journey, the explanation, as always, was just brilliant! Such a great tutorial, I feel more confident. Keep up the great work! I have two questions: 1. I have an ISA, which I would like to keep for now, but if I open the Vanguard general account, could I change to a Vanguard ISA, lets say several years down the line? In essence I would like to know if changing accounts is doable and recommended? 2. When setting up the amount, can you start with setting up a direct debit only or do you have to put down a sum of money too? Many thanks
Thank you for this. Most informative. I want to open an Investment ISA for 5 to 10 years towards retirement. I am guessing that the accumulated approach might be worth looking into? I am very very late to this 'investment life' (50 plus) so need to sort things out asap. Any additional thoughts you could share?
Hey Ken! Great video as per still fresh and relevant 2 years down the line. Quick question, are you able to discuss how this compares to say using the Plum app with the portfolio options that one can choose to invest in! Thanks in advance.
It seems to me that the LifeStrategy 100% equities is a good decision for a long term investment for me as a 29 year old. I know you can't give official advice, but is there anything else I should consider here? I am thinking of investing and having a regular monthly contribution, and just leaving it for 30 years or so. Fuss free. I'm not so enthused by the idea of chopping and changing or hand picking lots of individual funds. I'm curious what others watching this video think, too? Feel free to reply y'all.
Excellent Video and easy to understand. I opened a Vanguard S&S ISA account a few months ago after watching your investing for beginners video. I have had a flexible CASH ISA for a few years, but now the rate has dropped and is really poor. I still want to keep both accounts, but move some of the pot over. Does Vanguard allow for part transfers from another ISA, if not, what is the best way to pay into S&S ISA account from the CASH, can I withdraw and make lump-sum payments? Thank Ken
Thankyou so much!! I have a stockas n shares ISA with H&L. I also have a lifetime ISA with the Nottingham but not sure if it's a good idea to tranfer it to H&L LISA so i can invest that money as well for more returns. I apprepriate the videos you make about investing. So useful!
Hi Ken, is the vanguard invest Isa account essentially the same as a Stock and Shares Isa.. if not would you mind explaining the difference? Pros and cons of each? Thank you
awesome vid! i want to start a lifetime isa before i turn 39 this year with Moneybox. I also want to start the vanguard stocks and shares isa for the lifestrategy funds. Do i therefore have no choice but to open a CASH lifetime isa [with Moneybox]? What i’m trying to decide is should i open the lifetime isa in cash with moneybox or with vanguard’s stocks & shares isa - can i get the life strategy funds & lifetime isa in the same stocks & shares isa?
You have explained this so well. I am looking at opening an investment ISA. If I select the life strategy and down the line I would like to add another fund to my investment ISA can I do that? So for example adding a s&p fund or a ftse fund as well as keeping the life strategy I already have? Thanks
Thank you 🙏 This was so well explained!! I was wondering in the case you already have an ISA account , would it make any difference to transfer it all at once (in a lump sum) or it would be best to transfer it by a monthly payment of whatever smaller amount? Will this make any difference in growth potential?
You're most welcome :). I personally would transfer it all at once if it's less than £85K (the FSCS) limit. If it's more, I might do too but I'd consider it more in terms of diversification. But I'm personally very comfortable holding way more than the FSCS limit at Vanguard.
Good video which explains it all so well. Thank you. Just a question 🙋🏾. I recently opened a vanguard account and isa this week. For the new financial year, do I have to open another isa, or will it automatically reset and adjust to my 20,000 allowance? Does that make sense?
