Thanks for checking out the video. Since this channel is more focused on how to beat the bookies now I have set up a new channel specifically for investing videos here: kzread.info/dron/vewGLKCFEetspfv8GfA0cw.html

Explained that brilliantly. What most people can’t explain in 30+ minutes you’ve managed to cover in less than 10. Cheers for that👍

I came across this video and watched it without reading the comments and i can tell that your genuinely tryna help all your subscribers become wealthy with your knowledge and you actually explained compound interest really well i learnt some new information about it from this vid i already subscribed but you deserve way more than what you have bro.

Great Video, Chris. Never even considered investing as I always assumed I'd be better off overpaying the mortgage. So glad I've seen this. Will be moving house within the year, so will be getting on this once the move is done. I'm currently piling in to matched betting and overtime at work, etc, to stockpile a nice lump sum to put towards the next house (planning to upgrade to a detached). Would love to see some videos on extra earners that can turn around a good profit within the next few months as well, to really add to that lump sum before the mortgage application .

@ProfitBoss

3 жыл бұрын

Hi David, thanks. It's great isn't it!! Really glad I found out about this at 32 and not 62. It is so simple to follow yet many people don't do it as it's not something that gets taught in schools. Yes more content on how to make money online coming soon. Will try to make relevant content for people already working full time and those who want to make it their full time income.

I am 24 and I think this is so powerful it only takes a small investment a month to make so much think of it as an investment in to your future! I have just discovered your videos and started matched betting straight away thank you so much!

@ProfitBoss

3 жыл бұрын

Hey Ed, yeah for sure. Starting in your 20's is such a good time to do it. Great to hear you have got into matched betting buddy.

Nobody can become financially successful over night. They put in background work but we tend to see the finished part. Fear is a dangerous component, hindering us from taking bold steps we need in other to reach our goals.

Really good video. Thank you 😊

Thank you for the great video. I made my first investment yesterday, I'm 22 and will be putting in £100 per month for now, but when I am earning more that number will go up! Finding the 50/30/20 rule helpful too, made me realise I have more to invest than I thought I did.

@rahul169sharma

2 жыл бұрын

Hi! What;'s the 50/30/20 rule?

@teepriva4588

2 жыл бұрын

@@rahul169sharma it's dividing your income into three parts: 50% for Bill's and essentials, 30% towards hobbies, fun things and eating out etc, and 20% investments and savings. You can adjust it however works for you though, if you want to save more that 20% you can switch the hobbies to 20% and savings to 30% etc

@antmanandthecod6073

Жыл бұрын

Just invest a £100 min and then whatever you have left and you’ll be so happy in 10 years

Hi Chris! I am 41 and already on matched betting! Thanks for this video. I will definitely research more about compound interest. Very interesting!

@ProfitBoss

3 жыл бұрын

Glad it was helpful!

@w00x360

2 жыл бұрын

10 months on, how is matched betting going?

Videos like this didn't exist when I was 19, investing was something 'posh' people did 😕 You also had to be lucky enough to know someone who actively invested and would teach you! BUT, most regular working people wouldn't know someone to teach them and wealthy friends always kept their money making secrets to themselves! Yes, I'm investing now, thanks to channels like this (thank you 👍), but it's so galling to confirm that had I known 'how to' years ago (when I was 19 and wanted to but didn't know where to start), I'd be quite rich now! Ugh!! Saying that, thanks for the vids, keep up the good work! 🙂👏

Wow, what an eye-opener!

Hi Chris, If I invest a large amount of money and then add to that a little bit each month will that affect the compound interest? Is it better to just leave it at a set amount? Many Thanks

Great video Chris, hopefully will encourage more people to start investing early!

@ProfitBoss

3 жыл бұрын

Thanks Chris, yeah definitely younger people need to get into it more and focus on the long term than what's going to make them rich next week lol

@MariaMaria-sz1rm

Ай бұрын

How do you start this? Can you do a video on how to actually open an account (if this is what you do!?), etc. I'd love to see how I can do this and share with my friends who are just spending silly money on material and status symbol items. This video has convinced me and I'll share it with my circle. Thank you Chris!

Great video…can I check one thing though please? Is the years interest earned determined by the S+S’s interest value on the first day of the next financial year? Like a snapshot…..if market is good as financial year passes = more money? Thanks

Im glad i found this age 32. 5k saved in the last year. Not perfect but better start at 32 than 42!

@trendingones5867

Жыл бұрын

In which website do u invest bro?

@wesdey1337

Жыл бұрын

I'm 42 and I'm offended 😂

@Zeebo1uk

Жыл бұрын

​@Wes Dey I'm 45 and feel attacked 😅😂

@wtftequila2417

Жыл бұрын

Great i am 41. Should I even try?

@FMJ777

6 ай бұрын

Outrageous comment lol 😂

Great vid, when you say compound interest do you mean the dividends paid which are compounded. Does that example take into account stock value going up of down? I'm new to this and trying to figure it all out

@anrmg

Жыл бұрын

I'm here for the exact same question

I got started with this back in February and honestly it's insane. Already I'm getting around £100/month back in interest and I really didn't put that much into it. I could only afford £100 a month along with my initial large deposit so I started with that. Its better to start with whatever you can afford than saying you can't afford more and it's pointless to do it. You can always add more to it when you are earning more and as a student I don't have as much time rn. But yeah, great video and great ethos. Start small with whatever you can afford and build it up over time. Make your money work for you rather than you working for your money!

@DawsoNFortnite

3 жыл бұрын

what platform do you use Luke? do you think Trading 212 will be fine?

@lukemcritchie-personalfina9888

3 жыл бұрын

@@DawsoNFortnite I personally use Vanguard but Trading 212 works just as well. Something to focus on is a Stocks & Shares ISA as you can deposit £20k per year and all profits are tax free

@yazar2628

Жыл бұрын

@@lukemcritchie-personalfina9888 Hey Luke do you have another social I can contact you on regarding some advice?

Hi Chris great video. What companies do you recommend in the uk to invest in the S&P 500??? Do I have to keep moving the money or just put it one place every month and leave it. Any advice would be great.

@JackStannard93

Жыл бұрын

I'm not expert but vangaurd website has a really good reputation and has low fees. Need £500 then min £100 a month though

This has blown my mind and I want to start

@ProfitBoss

Жыл бұрын

Hi, it's awesome isn't it!! I just set up a new channel to speak specifically about investing since this channel is now more focused purely on how to make money online: kzread.info/dron/vewGLKCFEetspfv8GfA0cw.html

So what compound internet company are you putting your money in. Any recommendations

Thank you for the video mate. My question is you are using examples of bank accounts that provide a 10% yearly interest rate right? I cannot find any banks in the uk that offer more than 2%, so I don't quite understand? Also most suggest that the rate is fixed for 2 years, meaning after that period of time it could change for the worse? What would you do if they nurfed your interest rate down lower at that time? Thank you!

@James-er4si

2 жыл бұрын

He's not using a bank account, it's investing £300 a month into something that will produce 10% interest, in this case the S&P 500. It's not guaranteed but on average the s&p 500 returns 10% per year based on the past 90 ish years.

@TheLoOPerMAN

2 жыл бұрын

You can use a platform like vanguard or many others which are user friendly and invest in the stock market and get that average IRR.

Do you have to invest exactly the same amount for the whole period? What I mean is, can you invest 1k a month at the start and then 500 per month later on. Does this work? I expect to have less disposable income later down the line

Can I do this on apps such as Plum which allow investments? Can you still earn interest on them rather than a stocks and shares ISA? Thanks

Good info. Thanks for the video. Would love to see this concept working on your actual brokerage account. Calculators are great, but it's hard to convey what it's actually like with just the theory.

@ProfitBoss

Жыл бұрын

You're welcome. To give you an idea my Freetrade started at £200 in March 2021 and is now just over £31,000. The bigger it grows the quicker it is growing by itself 👍

@BlueBrainapp

Жыл бұрын

@@ProfitBoss Excellent! Much appreciated sir

does this include reinvesting dividends? is this investing into an ETF?

Where to invest in order to use compound interest?

Is it better to pay into pension monthly or a one off yearly payment?

Sorry if this is a stupid question, but your graphs takes into account an interest of 10% but how does this work with index funds? The reason I ask is because with an index fund nothing is added to the principal, it just fluctuates. Of course in a bank account this would hold true if one were ever lucky enough to get a 10% annual return, but I find it's more around 3-4% if it's a "high interest" savings account. That's probably not enough to beat inflation. However, how does it really work with funds? For some reason I can't wrap my head around that. Cheers.

@leonhenry4861

Жыл бұрын

That’s the rate of return of the S&P over a 30 year period. Hope that makes sense

Great video and great idea! Would I be right in thinking though in 42 years time 2.5 Million will be worth nowhere near as much by the year 2063 as it is today? Maybe the average price of a house by then, who knows... ??

@ProfitBoss

3 жыл бұрын

Thanks and great question. I think it's out of my scope to answer that properly. But it is a very fair point. I did add 2% in the calculator for the inflation so in theory that shouldn't be the case.

@stevenmusicreilly2217

2 жыл бұрын

Good question even if it is the price of a house at least you could afford 1 if you save the money without compound interest it would be a tent for a house then🤣🤣 Einstein said Compound interest is the 8th wonder of the world those who know it make it those who don't pay it

I'm struggling to find the answer but does anyone know if the compound interest on freetrade is calculated monthly or yearly?

Hi Chris, what about in the case of reinvesting dividends (not taking into consideration the growth of the asset)? Wouldn't it be applicable in the same way as the dividends would compound quarterly/monthly according to how frequently they are paid out, therefore allowing you to reduce the investment period while making larger gains? I have been using the same online calculator as you and my future investment value (ETF's) has shown to be astronomical! I just need someone to assist me in verifying my calculations... 😁

@ProfitBoss

Жыл бұрын

Hi, great questions. I have now started a new channel for Investing which I will link below and I can answer these questions on the Facebook group. Thanks www.youtube.com/@InvestingBoss

Thanks for the video, do you know if the fundsmith accumulation fund compound interest?

@ProfitBoss

2 жыл бұрын

Hi Joe, yes they have an accumulation fund. Video coming soon about Fundsmith.

Im almost 35, with literally 0 savings, ive been watching a few of these compound interest saving videos recently and i really wish i had known about it 10 years ago. I was always put off saving because i thought whats the point. Its not too late for me to start now but i wont be seeing any of these figure unfortunately. Any recommendation on where i can start investing my mkmey into at my age?

Thanks Chris for this video, but the profit is a gross profit as you'll be taxed for it? Thanks once again

@chrisdoona6582

8 ай бұрын

Not if it's in an ISA. No capital gains tax or income tax.

Hiya mate, 22, great to have someone in the UK to listen to. I’ve got a question on making sure investment growth is reinvested. For example I’ve got an account with vanguard and positions in VUSA) Would you need to firstly sell off a position which obtained a 10% return and reinvest into a new position each time which would generate a 10% return year over year in order to benefit from the compound growth? Is this the only way the compound growth example works, or am I missing something?

@anrmg

Жыл бұрын

I have the same question!!! Is it the dividends that give you this compound interest or is it the interest rate?

Where should I invest in which website please for interest..?

What platforms are best to invest in here in UK please ?

Question :) So all the interest accumulated after 1 year get put back in ( so to speak ) ti then enable interest to be earnt on that interest if that makes sense, is it like a yearly thing ?

@harrymason2558

2 жыл бұрын

Yes and no it doesn’t accumulate for a year and then wham it’s in your account or whatever it slowly amasses throughout if that makes sense and continually grows in your account

Oh I guarantee, you do reach your fifties before you know it and now I'm 65! And I wish I had watched this video when I was 18! X

Where is the best place in the UK to invest in compound interest please?

Hi Chris, hope you’re well. Just come across your video and wanted to ask how do you invest in the s&p 500 through something like trading 212, I can’t invest into the s&p 500 directly right so what am I looking for please. Thanks, Dev (Uk)

@HM-ng6vj

2 жыл бұрын

- for example can I use trading 212 isa and invest in vanguard S&P 500 etf there’s loads from stock, disturbing and accumulating?

@ProfitBoss

2 жыл бұрын

Hi Dev, not financial advise but I would personally look at ticker symbol VUAG for the accumulating S&P500 ETF or even better in my opinion is ticker SSON which is the Smithson investment trust. I am going to be heavily investing in that myself after doing the research on it. Great long term investment trust to be buying.

Hi, can you please mention the TAX that would be owed on the compound interest please? Also which accounts are best to ecru these amounts you are mentioning. Thanks.

@ep8383

7 ай бұрын

Use a stocks and share ISA to keep to avoid tax on the gains

Brilliant video, I just need help with how you get a compound interest account open? Like where do I find an account to earn compound interest on my savings?? Help please

@leonhenry4861

Жыл бұрын

You have to invest it in the markets through a broker.

Is this different to dividend stocks?

What the link for that compound calculator

I'm 36... Definitely gonna attempt this. Thank you

@ProfitBoss

10 ай бұрын

Hey Ryan, I'm only a year behind you. Nice one, the sooner you get started the better as the video highlights. Be sure to check out my new Investing channel for videos like this: www.youtube.com/@InvestingBoss Cheers

@Epilepticchefproductions

10 ай бұрын

@@ProfitBoss I'm gonna binge watch all ur vids. Wonderful advice.

Hello, I've started investing and put a little bit of money on the Vanguard S&P 500 ETF. I was wondering how it works in regards to compound interest? Do i have to take my money out when I'm in profit or just leave it in there? My aim is to use it as a long term investment (20 years +) and was not sure if it compounds each year automatically. Is an ETD better than the Index? Trying to learn but had to find videos or anything on the internet that makes sense. thanks

@leonhenry4861

Жыл бұрын

If I was you I would take my money out, then ask questions. You have no business in the markets with those questions. Compound interest is the least of your worries at this point.

@frosterman2004

Жыл бұрын

@@leonhenry4861 hi bud, thanks for the advice. Everyone needs to start somewhere I guess. It’s only £50 and it’s already in profit but asking these questions is part of my research as I can’t find much out there. Appreciate your reply 👍

@leonhenry4861

Жыл бұрын

@@frosterman2004 problem is money is not finite for 99% of the world so don’t lose money before you even have it. Read a few books then make your own mind up. Pick stocks with a good balance sheet and can pay there debts. Don’t listen to short term noise or the media or politicians. Take advantage of 401k/ pensions etc. and always think long term. Ie what companies will still be here in 10/20 years. Don’t try and time the market, when a good company is losing money wait a few months then buy it. Hope that helps

What bank accounts in the UK actually offer this though? Most savings account are no longer than 5 years

Hi Chris, would you still suggest s&p500 for the £300. I’m 41 and looking to invest 200-300 a month until I’m 65. Thank you.

@michaelhutchinson2854

Жыл бұрын

It’s to late for you 😢

@leonhenry4861

Жыл бұрын

Not true, he will just be way older buy the time it starts to work. Like 80 years old

How to find 10% AER ? I’m finding max 4.9

do you just put this into the Vanguard S&P 500 on a trading platform like trading 212? (im 20)

@ProfitBoss

3 жыл бұрын

Hi iDawsoN, exactly that. simply put money into an index and leave it to build. I have gone for the FTSE100 at present as the S&P500 is quite expensive right now and with the UK coming out of lockdown and things improving I feel it is much better at the moment. But for a 40 year hold like you would do at 20 you could literally go into just the S&P500 and still experience that on average 10% each year and build up a huge amount of money by your 60th birthday.

Could someone please clarify: How do you compound interest by investing in the S&P? The return on investment you are getting is from the increase in the value of the stocks which you will only see once you sell the stocks, rather than a yearly return which you reinvest.

@chrisgoodison

Ай бұрын

I'm also wondering the same!

So if I invest in the S&P500, will that compound automatically each year if it was invested in freetrade app, or would I have to go more like Vanguard investment account? Nooby question I know 🤣🤣 cheers

@ProfitBoss

2 жыл бұрын

Hi, I will do a step by step guide for this in the coming week. Basically you would just open a Freetrade stocks and shares ISA. Then deposit into the Vanguard S&P500 accumulation fund. The Acc variant means it will auto reinvest all the income each time for you. By going through Freetrade instead of Vanguard you will save a fortune in fees as your account size grows. Freetrade is just £36 a year no matter how much money you have in the account and Vanguard charges a percentage of how much you have invested so the fees would soon start building up.

@FSshizz

2 жыл бұрын

@@ProfitBoss appreciate the quick and detailed/informative reply. I already have a freetrade account but just wondered how the whole compounding worked for each year, thanks for clearing it up for me 😎👍 excellent video, I've also joined the FB group too 😎👍

@morgandagnall4760

Жыл бұрын

@@FSshizz did you work out how the interest works on Freetrade? I’ve been doing the same thing since June but don’t seem to see any additional money in my balance for interest payments

Hi great what’s the best way to set this up do have a video for this please

@ProfitBoss

Жыл бұрын

Hey, I'm looking to start a new channel called Investing Boss soon so will try and get that made as one of the first videos 👍

Once you're retired at say 65, is it best to just keep the money in the fund and take bits out as and when you need it or move it somewhere else?

@romano390

2 жыл бұрын

Because of inflation I would only get bits out instead of everything. So you keep earning.

@deadly134

Жыл бұрын

Once your 65 sell off a part of your position and invest in a monthly earner like qyld that will essentially pay you 1% a month so let’s say you got to 65 with a 500k portfolio I’d sell off 200k and invest in qyld and earn 2000$ a month on top of my pension. 🍻 cheers

What accounts are people using

Hi Chris, you didn’t talk about where to invest the 300 pounds per month to begin. Can you share that?

@ProfitBoss

Жыл бұрын

Hi, although it's not financial advice I can share with you what I am investing in which I personally feel will give great long term returns. I share what I am investing in on Freetrade here on my new channel: kzread.info/dash/bejne/jKyuzsZtk6uanc4.html&t I also have a Etoro profile which you can copy invest with me on here: www.etoro.com/people/profitbossyt Thanks

Am I able to do this at age 16 ? Plus do you have to sell like a stock or you just say I want to hold this S&P 500 fund for 40 years then sell ?

@heymrfunny527

2 жыл бұрын

Or does money just go in account

@ProfitBoss

2 жыл бұрын

Hey, you would need a junior ISA until your 18th birthday. Then it would become a regular ISA but yes although I can't give financial advice I would personally just buy the S&P500 each month with the same amount of money regardless to what is happening in the market and then see the results 40 years later!!

@heymrfunny527

2 жыл бұрын

@@ProfitBossok. thank you well due to that I might just start at 18 as then I'll just have more money then too .

Sounds simple, doesn’t take into account real world problems though. Also where can you get a steady 10% YOY

@cameronmmj9291

Жыл бұрын

That's why you have an emergency fund that covers upto 6 months, or 12 months of expenses if you're being ultra Conservative. So if you lost your job, or couldn't work, it would give you breathing room to get employment or an income stream set up before you eat into your stocks. No plan is perfect, but its better than no plan at all

How do you open one of these in the uk? Which companies give you compounding interest? does it not have to be a daily compounding rate to make it worth it?

@ProfitBoss

Жыл бұрын

Hi George, this isn't professional financial advise but simply opening a Freetrade account and buying the VUAG fund is a great way to compound your returns. Just buy the same amount at the same time each month and you will highly likely see great returns over many years (20+). Thanks

@george2995

Жыл бұрын

@@ProfitBoss thank you for your reply! I will Take a look at that tomorrow.. I’m in my 30’s and really want to get the ball rolling with something like this! Thanks again!

I’m 59 just do it it dose go very quick

I’ve currently put £700 into VUSA (S&P500) so do I just put money in every month e.g. 150? It isn’t very clearly on T212 on the compounding section.

@ProfitBoss

3 жыл бұрын

Hi AviatorDube, with that one the dividend payments are paid as income as you will have to manually reinvest each time. I would recommend going with the accumulator version which will automatically pay your earnings back into the fund. I switched to the Freetrade platform from T212 as Freetrade are more focused on helping sensible long term growth investors and T212 seem to be about pushing the get rich quick scheme type of day trading investing. If you check them out here through my link and sign up through my link we both get a free share. Oh and make sure to open a Stocks and shares ISA so you can deposit up to £20k a year which will be kept in a tax free account. Thanks bit.ly/2OREn8M

@aviatordube

3 жыл бұрын

@@ProfitBoss do you have a social media where i can message you privately? i’d like to talk some more if possible?

@ColdHardCashUK

3 жыл бұрын

@@aviatordube you should join Chris on his patroen and FB groups, hes got a deal on the Patroen price atm

@dannyw2313

Жыл бұрын

@@ProfitBoss the ISA is for withdrawal only? You take out 20k a year or nothing for 20 years? I’m slightly confused about this part.

Am 22 and have a sizeable crypto portfolio but after nearly 3 years of an emotional roller-coaster I’m ready to cash out the large majority of it, in order to reap the benefits of an ISA. Maxed out my ISA for last financial year & aiming to do the same this year too, in order to do so I’m planning on starting the ‘2UP Strategy’ with hope of earning an additional £300-£500 p/m. Thank you for your great content, very insightful!

@ProfitBoss

3 жыл бұрын

Sounds like you have done well from it. Good choice wanting to get into something more stable IMO. You're very welcome. Be sure to head over to the Facebook group if you aren't joined yet. Thanks

Okay. I tried the same thing but put in the best interest rates I can find, 1.07% It would cost £18.5k to make a total of £500 in 5 years. That's just not worth it. That money would be better spent that sitting for that long.

@cameronmmj9291

Жыл бұрын

He's talking about index funds, not saving accounts.....

I’m 23 and want to get started . I have 10k savings to invest

Hi Chris I’m 37! In the last 12 months S&P is down, not up 10% 😐

@tubzattwood3915

Жыл бұрын

Short term yes, it’s a long term investment. In 10/20/30+ years time it won’t be down

@leonhenry4861

Жыл бұрын

That’s 1 year, check it over a 30 year period.

What site/company should people open an account with?

@ProfitBoss

Жыл бұрын

Hey, I just started a new channel here: www.youtube.com/@InvestingBoss I'll be sharing various platforms I am using myself in due time but the one I have the most money in is Freetrade which if you sign up and deposit £50 within the next couple days you get a bonus ETF for free. Here's the link if interested: bit.ly/2OREn8M Thanks

Currently I’ve got £63,000 at 29 year old atm I hold IUSA, EQQQ hoping for a decent retirement

Just out of pure curiosity Are you a millionaire, because I have watched a fair few of these videos now and I just don’t get it

It don't make sense tho as the s&p 500 gose up 10% but not every year it also come down in price and your not earning 10% interest your making a 10% gain so this compound interest thing dont make sense

So if you start in your 30s. And put like 1110 per month. I know you'll get more but what's the math like.

Is the an app for this compound investing

@ProfitBoss

10 ай бұрын

Hi KJ533, yeah absolutely. A great platform for this is Invest Engine which we both earn up to £50 from when you join and invest £100. You can have them manage your account for a small fee or use it for free then just buy the ETF's of your choice. Thanks investengine.com/referral-welcome/?grsf=kz6vfy

More u put in more u get ?

Hi Chris how and where do I do this ?

@ProfitBoss

2 жыл бұрын

Hi Danny, this video I made should explain everything to get you started. Thanks kzread.info/dash/bejne/pnybw7mtgsvIYZs.html

I’m now 32. Do you have an update videos

@ProfitBoss

Жыл бұрын

Hi Leroy, all my investing videos are now on my new channel Investing Boss. Thanks

but where do i put my money to start earning compound intrest ?

@ProfitBoss

2 жыл бұрын

I will make a video for this ASAP as this has been asked a few times now

@thelonesomewanderer2941

2 жыл бұрын

Has a video been made for this?

I'm 19 with 30k in the stock market and 5kish in btc/eth.. I invest 700 per month in the market and 100 a month into crypto. Any advice to speed up my millionaire goal? I'm thinking of getting into real estate because I believe that's where the true money is!

Why don’t you mention the 20% capital gains tax?

@Sam-ue4rv

Жыл бұрын

Depends on your income tax bracket. Also invest in an ISA. This was for beginners basic quick explanation..

Compound interest is just a calculator. It doesn't tell you who to invest with

I wish i watched this video in my 20s I’m in late 40s

That 10% isn't guaranteed there is always a risk

Buying a stock is easy, but buying the right stock without a time-tested strategy is incredibly hard. Hence what are the best stocks to buy now or put on a watchlist? I’ve been trying to grow my portfolio of $260K for sometime now, my major challenge is not knowing the best entry and exit strategies... I would greatly appreciate any suggestions.

@LorenaG.Cresswell

6 ай бұрын

The market is volatile at this time, hence i will suggest you get yourself a financial-advisor that can provide you with entry and exit points on the shares/ETF you focus on.

@brownwellson54

6 ай бұрын

I agree , I assumed I had a hang of the market at first, I gained $50k one year and I was super elated, not until I stumbled upon a portfolio-adviser whose been guiding me since the market's been sham after the pandemic, to my utmost surprise I netted a whooping $280K during this dip, that made it clear there's more to the market that we avg joes don't know

@brownwellson54

6 ай бұрын

*Jenny Pamogas Canaya* is actuaIIy the one that guides me, she’s a hlghIy-sought out advlser, so I’m not certain she’s acceptlng new intakes, but you can give it a shot. It wouldn’t be proper to just Ieave her number Iying around, but she has a webpage you can look at if you googIe her name

@brownwellson54

6 ай бұрын

*Jenny Pamogas Canaya* is actuaIIy the one that guides me, she’s a hlghIy-sought out advlser, so I’m not certain she’s acceptlng new intakes, but you can give it a shot. It wouldn’t be proper to just Ieave her number Iying around, but she has a webpage you can look at if you googIe her name...............

@LorenaG.Cresswell

6 ай бұрын

Jenny really seem to know her stuff. I found her website, read through her resume, educational background, qualifications and it was really impressive. She is a fiduciary who will act in my best interest. So, I booked a session with her

Where are you investing that has an average of 10% interest like this?

@ProfitBoss

Жыл бұрын

Hi Piper, my main investments which are returning that and then some are in global growth stocks as well as Dubai property. If you want to check out my exact investments I have a new channel dedicated for it called Investing Boss. Thanks and hope to see you over there.

@pipersmith8898

Жыл бұрын

@@ProfitBoss appreciate your response! Will check it out! Great content - thank you

What gives the highest interest to put your money into ?

@ProfitBoss

3 жыл бұрын

Hey CH, please join in on the Monday evening 7pm live stream to discuss this. Thanks

@CH-xg4xv

3 жыл бұрын

@@ProfitBoss will do

What about inflation? In 42 years time that amount of money will be minimum wage.

27 here and got 109K, on my way to the million!

@ProfitBoss

Жыл бұрын

Very nicely done, had a great start at such a young age. Wish I had gotten into investing into an ISA in my early 20's rather than 30's. Keep it going and I'll hopefully chat with you again once you hit that million mark.

@TheDenitos10

Жыл бұрын

What do you invest in?

@itsmesaltax

Жыл бұрын

Update: now at 117K. I invest solely into Fidelity Invest World.

@rory9533

9 ай бұрын

@@itsmesaltaxhow’s it going now?

@itsmesaltax

9 ай бұрын

@@rory9533 at 153.6K portfolio now. That’s mostly because I’ve added though. But progress! Next stock market run will propel my portfolio forward more. On track to hit the million by 36!

Or you can simply invest all of your money at the very beginning, during a recession, and make several times this amount.

I'm 13 starting my plan for investment for money

48 😢… dont know where to start.. need help.

@ProfitBoss

Жыл бұрын

Hi Fire fly, 48 means you still have 20 years of compounding to take advantage of if you are looking to take the income at 68. A good start would be joining the investing group here: facebook.com/groups/profitbossinvesting Thanks

But where do you physically put it to get 10% interest?

@ProfitBoss

2 жыл бұрын

Hi, well firstly you would sign up to Freetrade (we both get a free share when you do so here bit.ly/2OREn8M) Then you would follow the steps in this video I made and hey presto you're getting your compounded 10% kzread.info/dash/bejne/pnybw7mtgsvIYZs.html

Im 34 and just put 50k in the snp500

@ProfitBoss

Жыл бұрын

Nice one Liam, sure is a good time to start investing now while stock prices are lower. You can subscribe to Investing Boss to keep up to date with my latest investments and progress. Thanks

51 this year 😢

300£ isnt enough. £1000 or no

Stocks go down also

@ProfitBoss

Жыл бұрын

I love it when they do. Just think of getting the same great companies at a better price.

Forget s&p, invest in AAPL and hold for life. Thank me later 🤙

what you're saying is highly misleading for people wanting to go into compounding their savings. What high-yielding savings account has an interest rate of 10%. You're lucky to get anything over 5% excluding the strict T&C's.

@ProfitBoss

Жыл бұрын

Hi, just to confirm. These returns are based on stock investing not a savings account. Thanks

what if i told you on average i could generate on average about 20% comound interest from crypto semi automated 20% a month that was mate😁

Struggle to find the right name for the s&p500 within freetrade. can you give me the tag line, or the link to the video going step by step

@ProfitBoss

2 жыл бұрын

Hey Aaron, it's ticker symbol VUAG that I am investing in through my ISA and I am also buying SSON the Smithson Investment trust to hold for 10+ years