I got my 14 year old into watching your videos during lockdown, unlike his older Brother, he now saves nearly every penny he has in his S&P500 and Global ISA. He moaned at me the other day about why it's been dropping this year, I explained, he then said he has £100 birthday money left over from last month and wants it in the ISA asap to buy 'cheap shares' as he put it. Thanks for all your easy advice, you've got Me and my family (apart from the eldest, as he knows best) into investing.
Gotta say I’m a huge fan of the LifeStrategy 100% fund. It is convenient and I’m happy to pay for that service. Especially because I’m a lazy investor, I treat it like a savings account TBH. I’ve got a direct debit set up and I just leave it to do it’s own thing.
Can tell you went the extra mile for the production value on this video mate. The information was relevant and useful, the edits of humour was hilarious and different shots around your place brought more life into the video. Well done Damien!!!
Now this is what is needed in the current market. Sensible information and cracking humour (oh and numbers are not boring, I mean who doesn’t appreciate a good figure!). Thank you once again for your efforts and continued realism with your content.
Another great video Damien, you've given me much to think about as I'm currently using the Vangard's LifeStrategy. I'm probably not doing to touch anything yet as I'm not confident enough to mess around with these things
Yeah and that is it mate, only do what you are confident with and the lS funds are amazing! But also in time as you grow in confidence have a go of doing it yourself.
Damien I think this is your best video mate! absolutely brilliant. the way this has been put together is class and so much info along the way. its baffled me for months why vanguard uk doesn't offer any REIT investments but they said somewhere that they don't have enough interesting which I find hard to believe?? keep up the good work bro... road to 100k subs!
Nice one Damien. Like others have said, I'm happy at the time being to stick with Vanguard for the convenience, but it's interesting to see that there's a DIY method out there. Nailed it with the gags in this one too. Wouldn't worry about the escaping hairline. I started losing my hair when I was 16 and fully lost it when I was 19, and frankly it's made my life a bit easier. Less money to spend on shampoo and haircuts, more money to chuck into an index fund ;)
Class. Even made me chuckle with those Ainsley clips on the way home from working nights! Another great insight & had no idea you could do this. Legend Damo, cheers pal.
Absolutely LOVE the effort that has gone into editing this video and making it 50% serious 50% comedy! OMG that foam falling on him made me literally LOL every time. Thanks so much! :P
Hi Simon! Thanks for coming over and checking out the channel. I didn’t realise the conversation with Pete had gone live yet so good to hear you liked that and more Importantly the content on the channel. Damo
Another great video fella. Set it and forget funds are great for newbies or peeps with no time to do research. Though like the idea of creating your own, crazy how ‘super low’ vanguard fees can still churn out some eye watering numbers over time. 9k is a few chunk of change!
Ok, I know I’m a Damo fanboy, but the content and production on this vid is off the scale (again). I probably won’t take the time to move my LS investments, but I value the heads up to consider alternatives. It’s the production on Damien’s videos that make the valuable content so easy to consume - I bet your watch time stats, per video, are fantastic! Congrats as ever and thanks for the link for the Daily Upside.
Love this comment Graeme thank you so much! haha. I just fancied going for it with this video and seeing what i could make. Nothing wrong with staying with the LS funds, I still have money invested in them. The best investment is the one you stick with long term.
Best vid yet Damo.... Excellent content, you made the right choice to devote 'full time' to your channel, the difference in your videos is now very noticeable, well-done 😃
Main issue (I think) with the LifeStrategy funds is the large number of low yielding bonds they place into an investment portfolio. Vanguard's Global Bond Index Fund (a significant component of the LifeStrategy) is down nearly 9% this year, yields about 1.4%, and is hedged into Sterling (which has weakened this year against major currencies). Safety of the Vanguard bond funds is highly questionable versus a cash reserve with rising interest rates, and its yield for fixed income is far too low. For safety can simply (I think) use cash, and fixed income assets with higher yields and in a stronger currency than Sterling is these days.
Hi Damien, at the risk of sounding like a lot of people on here - epic job! Brilliant production and information. Ive followed Ramin for years and I’ll add you to that list. Thanks for challenging what I’m doing and making me rethink my laziness!
You are very welcome and thank you so much for your kind words Ed! We all need reminding sometime not to settle with our investments. Ramin is truly an amazing creator and such a fountain of level headed insightful information. I have also been watching him for years now
Love IT!!!! Awesome video Damo. Looking at the comments, and I agree with that 100%, you have undeniably mastered the craft of delivering outstanding content where we are not only learning but you make us laugh at the same time! This is the best of the best Damo! Regarding Lifestrategies, I am going to stick to Vanguard at the moment, I think that moment will be a longer moment ;) Take care Bud!
Your feedback is always welcomed Lukas but this has to be your best comment. thank you so so much mate. Always means loads to me that you show up every week to watch.
As someone who has been here since your first video I can confidently say this is the best one yet. As a fellow brummie I feel a sense of pride.......(queue wistful music)
You really have been here since the first video and thats why it means a lot that you think the content has improved over time! i went for it a bit with this one i must admit haha. Just felt inspired to give it some! I feel pride when ever i hear a brummie speak so i get it mate haha
Each vid just gets better and better! I live and invest in new Zealand now but I still watch your videos for pure entertainment and still learn about investing! Great stuff!!
Yes Ben! Thank you so much mate from watching from the other side of the world. I think it is same to same you are the furthest away from the UK. Hope like in NZ is as good as it looks!
@@DamienTalksMoney as if you replied ha! Great country financially speaking UK platforms/tax is better. No access to direct vanguard funds so paying a little higher fees
Damo, excellent video mate. Loved the new editing styles. An educational video providing just as much entertainment 👌 Don't worry about losing hair, you're joining a special club (that I am already a member of😉)
Hi Adrian! Thank you so much for this comment mate and for watching all the videos. Appreciate you sticking your head above the trenches to show support. Damo
Excellent video mate! It was interesting even after seeing Ramin’s video - and yeah I think he should probably record audiobooks with that voice or replace the bloke at headspace that does the meditation sessions
@@DamienTalksMoney 😂 It would definitely be entertaining. Worth thinking about teaming up with someone to do some podcasts though.... Maybe a RU-vid live to start things off, doesn't have to be pure financial stuff. I'm sure many of your subscribers enjoy all the cultural references in the vids. Could be a night of ETFs and EMF.... Oops, showing me age.
Damn, the last few videos you’ve done Damo, are of a new level. Been watching you since your first few videos, it’s bloody epic to see where this has gone. 63k subs, that’s less than it should be - I reckon you’ll get to 100k and then getting to 500k will take the same amount of time, remember this comment ;-) I’m in Cape Town, South Africa (altho I’m a British citizen) so this vid was cool because access to Vanguard isn’t the same from down here.
Yes Chris! Always love that you watch my videos from the other end of the world. I would love to visit Cape town one day in a previous job i had some south African clients and they spoke of the great quality of life and amazing food in that part of the world.
@@DamienTalksMoney Cheers! Like anywhere, we've got our economic and political issues, and unfortunately a lot of crime but it's an incredible city to live in. If you're ever coming down this side, holler at me and I'll happily give you some guidance / tips / pointers on where to go. My entire family is from England and Scotland, so we're very familiar with the movement between the countries.
Damien, fantastic content mate. Powering through your videos -- Top quality info and a concise and punchy delivery with a wicked sense of humour! One question from this video; the 0.1% "Built-in Fee" you reference at 11.20, what does that relate to? I can find the 0.22% LS Fund Fee and the 0.15% Vanguard Platform Fee, but the additional 0.1% is proving elusive! Thanks
Another great video. I've come to your channel as I'm about to start to dip my toe into investing and your videos are a great source of info (even if a bit flies over my head at this stage.... Like foam I suppose!). The Life Strategy Fund is still going to be for me.... As I will be a relatively low ball investor, just trying to get a decent return (over the top of a bank account) on the little money I can put into fund. I'm never going to be at a point where I wish to risk too much or want to manage my own funds....... I want to "invest and forget" as that will be better than doing nothing. The Life Strategy Fund will allow me to do this simply and easily (I hope)
Great advice (nay - demonstration of concept!) as ever Damien. I just hope it hasn't faded from my memory by the time my LifeStrategy fund has finally recovered...Thanks.
buy/sell spread costs when you do the 'free' rebalancing on the platform? risk of small funds closing down and increasing costs via buy/sell to another fund, and/or realized capital gains taxes? risk of '$0 fee' platform raising fees in future, or being bought out buy a bigger, more expensive competitor (who shifts your investment into their more expensive platform). There are a few unknown cost factors that might make the cost savings lower than initially expected -- so the extra work may not pay off.
Dexters Lab! Yeah Boi! Wondered if you thought it was sensible to move money from LS 80 to a lower risk while the recession takes hold? Keep up the good work....and the shirt buttons!
You are the only person who clocked the Dexter’s lab!! I don’t think any type of market timing is smart if you did move and the market rise you would be gutted. If you do get it right really it is luck and now skill.
I watch you a lot and i don't give much feedback, but your content is excellent and you deserve far more subscribers. Very interesting and entertaining. My preferences are in crypto uk law so keep it coming. Thanks
Hi Damien, thank you very much for your videos and the info you share in them! They are really useful and educating. I’m new in investing and still learning and I would like to ask you if you open different S&S ISAs or also a SIPP how do you manage the investments? I mean, how do you organise the investments so they don’t overlay? I was thinking about investing in an all world fund through a S&S ISA but if I also want to open a SIPP (or another S&S ISA), does it make sense to invest in the same type of fund? Could you share some insights to have different and complementary accounts? Many thanks!
That foam installation was a paid actor. Haha. Almost choked on my dinner watching this one. Who says education cannot be entertaining? Great video as always :)
Thanks for another great video. My vanguard ls100 is down 8% but I am guessing most people are getting hard right now. I keep hearing a lot of people dismissing the life strategy funds these days. How easy it to sell the ls funds and put them into another vanguard fund? I don’t think the time is right to do it now given the state of my fund at the moment but it would be food for thought in the future.
Would Lifestrategy 100 be a good thing to have as part of diversified portfolio though? If you’re in the wealth accumulation phase of your life and you want something that has UK exposure, then in this instance it would be good to have Lifestrategy 100? While the UK isn’t expected to recover anytime soon (I’d say for a decade to be honest), would I Lifestrategy 100 be seen as a cheap way of buying the UK now while it’s cheap and then reaping the rewards later on when the UK recovers? Just a thought
Truly excellent content. From knowing absolutely nothing about investments, I'm now ready to open a cash and S+S LISA. Everything learnt from your videos. Please keep up the good work.
If you are struggling with holding up your acoustic treatment, I have had great success with with T pins. They will hold it up until you retire, which i think is a great investment 😉
Without knowing if it's intentional or not, for whatever reason having a normal office style background (like the one in this video) made the whole setup look so much better! I thought you had upgraded your camera at first.
Hi Damien. Will you be making a video similar to this for the 2023/24 tax year. I've been invested in LifeStrategy 100 for a few years, but fancy going it alone next year without the UK bias. Your thoughts would be much appreciated as always 👍
I am completely new to the investing world and I'd like to start with Vanguard but I have no clue, can I just invest and leave it withouth checking all the markets? like a passive thing? or do I need to check regularly, and which product you would suggest? PS. watched all your vanugard bits, great stuff - just wanted to know as am totally beginner in this space...
Hi Damien, excellent content once again. One of the investments in my portfolio is VG Lifestrategy 100%. With the current market situation and in order to improve the dollar cost avg, is it better to invest more (as in top-up) in the account with additional money when the market is down? I'm in it for a long haul.
@damien thanks so much for the great content. Would you recommend doing this as a beginner - as opposed to using the Vanguard LifeStrategy 100% fund to save in fees? What would you recommend investing in as a beginner investor in the current climate? Many thanks
The problem with brokers that don't charge platform fees is the bid-offer spread you will be charged when you buy or sell - that is where they make their money. Or did you really think they were 'free' ??
Hi Damien, I have a small portfolio weighted towards S&P 500 etf, US equity index fund, rest UK ftse 250 etf, ftse emerging markets etf. With it all headed deeper into the red, in your opinion, would you carry on investing while the market worsens, my thinking is that doing so you're buying more units at a depressed price and just think longer term and eventually upward trend????.your thoughts wd be very appreciated mate!.
@@DamienTalksMoney thanks Damien, I recently watched an S&P vlog where it was permanently in invested in, over time, the ups, the downs all rode out,it still averaged over 10% return. Look forward to your next vlog. Much appreciated mate.
For those early on in their investing journey, the fees probably arent worth worrying about. Im going for LS100 for a few years whilst i start to build a pot, also gives me time to learn more about the market and I can start then picking my own funds with a couple of years of experience behind me.
Why do all channels like this keep pushing Van guard. Are they sponsoring channels? There are many other superb companies out there and their names can be found on the better Fund review sites. A list of the most popular funds isn't half as good as a list of the best performers. The company I invest through has outperformed the Life Strategy managed funds to a very high margin over the last five years. To wit I got 10% growth over the last year as oppose to Vanguards -2% for their equivalent fund. Claiming Vanguard to be the dominant force in British investing is stupid hyperbole. I stopped investing with a much larger company than the one I currently use because their performance was comparatively rather poor. For all of that I think this channel is one of the better informed and more reliable ones. Thanks for your vlogs.
Awesome video. I’d like to start investing in ISA & Stock and I want to invest £100 every month, leave and forget it, which stock in Vanguard do I choose, any advice for a totally new beginner in investing world?
That negates the whole point of a life strategy - its not really a stock you buy and sell. Remember you're investing in an index fund for the long term. You shouldn't even be looking at the 'returns' for at least 5 years minimum. Plus you haven't even started making any compound interest. The compound interest is where all the money is made and the longer you hold it the more you get. :)
Looking for advice guys, I've been investing in various index funds using the plum app. Should I stick with it for now (user friendly I feel) or switch to vanguard?
Hi Damien, thanks for the videos. I invested £8k into a lifestrategy 80% on the back of your videos a couple of months ago, unfortunately they've dropped in value since, If you had another 8k to invest would you invest now or would you hold off? P.s is the Regain working, I'm going a bit thin on the sides too.
I've lost 15k to investing in the last 6 months. We are in a crash and I'm not adding funds for a few months or so unless something happens to change my mind. I will be dca into the market. The LS funds arent down as hard as all my other portfolios though so that's sort of good?
Hey, I'm just wondering why another US Equity fund wasn't chosen to replace Vanguard U.S Equity Index GBP (0.10% fee) for example L&G US Equity (0.05% fee) or even HSBC USA Sustainable Equity (0.12% fee) - if you want to keep away from fossil fuels! Are those other US Equity funds somehow not such a good idea?
Really interesting video. Must admit I just put approx £1000 in my lifestyle fund each month and hope for the best. I get charged 0.27% and I just can’t be arsed to change it. Good work!
Thanks, very useful info but my concern around the lifestrategy is the 25% weighting to the UK compared to around 4% global market. What are your thoughts on the Vanguard global all cap compared to ls?
Yeah i love the all cap i made this video as the funds are the most popular and wanted to show people they can tweak them. In all truth a global all cap in my opinion is all you really need.
