Happy Sunday guys! It's been a really solid start to 2024 in the stock market, hopefully it turns out to be another good year. For those looking to start out Trading 212 are giving away 1 free share valued up to £100 to all my subscribers to those who create an account using this link: trading212.com/promocodes/MITCH

@elbin8392

5 ай бұрын

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!

@MitchShoesmith

5 ай бұрын

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

Great vid Mitch! Always good to watch a UK based update. I haven't totted my monthly chnages up yet, but i think it's been a rough month for me because of what i'm heavily invested in! Keep up the good work

Smashing it, Mitch! I'm trying to follow suit...it'll take time but I'll get there! Thanks for the video

@MitchShoesmith

5 ай бұрын

Thanks!

This was a succinct presentation. Well done!

This KZread channel inspired me to make videos! It’s been great documenting my investing journey!

@MitchShoesmith

5 ай бұрын

Great to hear Elliot!

Awesome video Mitch! Where do you see the analyst forecast?

Smashing it mate! Love these portfolio updates - they are very inspiring

@MitchShoesmith

5 ай бұрын

Appreciate it Will! Thanks.

This video and the song is FIRE 🔥. You guys are doing an amazing job! Cant wait to see more from you 😍

Don't blame you for not wanting to invest in UK stocks!

@CaldonianDude

2 ай бұрын

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.

I can't access the app from my region. Where can I see shared pies ?

Kudos, great video.

This channel is just awesome!

Thanks for sharing

Interesting choice of investments. No pies used in 212? I have invested in the 'Almost daily dividends' pie which is a slow burner. Have MSFT and NVIDIA which are far better. Looking at AMD next.

Started my portfolio last year with SCHD, VOO, and VUG after watching one of your videos. In terms of share price, VOO is way up (22.25%) and VUG is waaaaay up (39.62%). Thanks for the education!

@FabioOdelega876

5 ай бұрын

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?

@eloign7147

5 ай бұрын

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.

@joshbarney114

5 ай бұрын

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.

@rogerwheelers4322

5 ай бұрын

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?

@joshbarney114

5 ай бұрын

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.

Ottimo rendimento di portafoglio !! 👍

Hi Mitch! Great video. How do we get access to the analyst forecast please

@MitchShoesmith

5 ай бұрын

Hey, I use Yahoo Finance for the analyst forecasts

Personally, I would trim AMD. Secure some gains

Just started a moneybox Stocks and Shares ISA. I have £4700 in my T212 with a 17% growth. Should I move this to Moneybox? I'm invested in basically the majority of stocks anyway in the S&P500 and recently changed my focus to World Stocks and property.

Wheres the best place to start learning or seeing analyists forecasts, and learning about Companies earning etc. Really want to kick on with my knowledge. Just looking for tips really. Great video again.

@MitchShoesmith

5 ай бұрын

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

Congrats on the returns, really impressive stuff. I was just wondering, are you not concerned that your investments are heavily focused in a single area, particularly in US/Tech?

@MitchShoesmith

5 ай бұрын

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!

With balancing your portfolio would you not just be best to just DCA across everything you invest in?

@MitchShoesmith

5 ай бұрын

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.

Hi do u know much about taxes in the UK in reference to the stock market. Is it from April to April?Also Loss harvesting could u make a video about how u deal with these if u do

@MitchShoesmith

5 ай бұрын

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 Mitch another great video ! I wanted to know how much do you think you will need to live off your portfolio in terms of dividends for just investing into the S&P 500 and not dividend stocks ?

@MitchShoesmith

5 ай бұрын

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.

@UNKNOWN-1589

5 ай бұрын

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

@MitchShoesmith

5 ай бұрын

@@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.

@UNKNOWN-1589

5 ай бұрын

@@MitchShoesmith thank you bro I appreciate you

Hi Mitch, do you do all your editing yourself?

@MitchShoesmith

5 ай бұрын

Hey, I do yes

Hi Mitch. Can’t believe how much your portfolio has grown over the past year and a half I’ve been watching you. Can I ask. In the portfolio updates can you show your average price for your holding. One I’m interested in is Tesla.

@MitchShoesmith

5 ай бұрын

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

Hi, do you know if there is there a tech stock ETF with the magnificent 7 in them ?

@MitchShoesmith

5 ай бұрын

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

@robg3827

5 ай бұрын

Nasdaq 100 is the go to for that

What’s your take and just piling money into un invested cash to get daily interest, I had around £500 in there and just getting 6p and day everyday

@MitchShoesmith

3 ай бұрын

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 Mitch great video as always 👍🏼 Could you share with us your FX impact on your individual stocks? It would be great to see what weight it has on your returns. Just an idea 👍🏼

@MitchShoesmith

5 ай бұрын

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

Hey Mitch, can you explain more about what you meant when you were talking selling your AMD shares and "rebalancing" your portfolio? I'd be really interested to hear more about this. Thank you :)

@MitchShoesmith

5 ай бұрын

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 ☺️

@emmaquenby2324

5 ай бұрын

@@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

where do you see the analyst forecast?

@MitchShoesmith

5 ай бұрын

Yahoo Finance

Hi Mitch , so do you have 2 isa you use?

@MitchShoesmith

5 ай бұрын

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.

Thanks for the insight. I was under the impression that you're only limited to one investment ISA. Can you please share how you have two active ISA's? Thank you

@MitchShoesmith

5 ай бұрын

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

@Elchin_Aliev

5 ай бұрын

@@MitchShoesmith Thank you!

@MrFreshMachine

4 ай бұрын

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

Only 85k insured? Thank you

Hi, how are you investing into 2 stocks and shares ISAs in the same year? Sorry if i’m being thick

@MitchShoesmith

5 ай бұрын

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

Hey mitch quick Q. i see you have large shares in S&P 500 index but also individual stocks in amazon tesla etc. how does that benefit your portfolio if those individual stocks are already in the s&p 500? Im new to this lol. Wouldn’t have been easier if just upped your shares in s&p funds

@MitchShoesmith

5 ай бұрын

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!

@mehmetcinko1

5 ай бұрын

@@MitchShoesmith thanks man . Clears the air 👍🏼

@eheld27

5 ай бұрын

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

Hi Mitch, just wondering how much do you contribute to your portfolio per month

@MitchShoesmith

5 ай бұрын

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

In these uncertain times, it's more important than ever to have a solid understanding of how to manage your finances, invest wisely and navigate economic downturns. But my primary concern is how to grow my reserve of $240k which has been sitting duck since forever with zero to no gains, sure I'm all in on the long term game, but with my savings are lying waste to inflation and my portfolio losing gains everyday, I need a remedy.

@romanwalker2935

5 ай бұрын

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.

Consider Nintendo. The low JPY gives you good value for your GBP and the company holds a lot of intellectual property that could pop off like Marvel - especially considering the 'passion born of nostalgia' factor these IP's have with a with a wide age range. Then the Switch 2 is coming yada yada...

Could you give a update on your Dividend Income from any of your stocks as im looking to put over £300K in dividend stocks over the next two years to generate Passive Income as im looking to retire.

@MitchShoesmith

5 ай бұрын

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

@warriorspirit6083

5 ай бұрын

@@MitchShoesmith thanks for your reply

How long did you take to make the £10,000 roi on your 212 portfolio?

@MitchShoesmith

4 ай бұрын

I’ve been investing in the account since mid 2020

Just starting investing this last week or two. I feel like I’ve really missed the boat and it feels like a lot of stocks are reaching their upper limit to what they’re going to get too. Thus, I don’t think my portfolio will grow like yours has over the next year. ☹️

@MitchShoesmith

5 ай бұрын

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

@VmcgHD

5 ай бұрын

@@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. 👍

@MitchShoesmith

5 ай бұрын

@@VmcgHD haha yes very true! Thanks!

Wouldn dump pltr and buy goog

Hi mitch do you still trade forex?

@MitchShoesmith

5 ай бұрын

Hey Jake! No not anymore

@jakehumphreys2675

5 ай бұрын

@@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

@MitchShoesmith

5 ай бұрын

@@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

While I am not in any way a sage, its important not to put to much emphasis on current values and think they can climb indefinetly. As a very quick example the gain in dollars on the S&P 500 over the last 25 months is 2.5%

When Tesla dropped 12% in the week, I jumped in and brought 5 more at $180 making 50 shares at a average price of $177

@MitchShoesmith

5 ай бұрын

Nice!

S&P500 in the last 11 years Tripled. Can anything beat this? (Legally:-))

hi there, thank you for your videos they are great, what would you recomend as a UK investor if i want to invest in SPECIFIC stocks in the US market, what platform would you recomend, i have some capital i want to put into specific stocks to hold long term i heard barclays smart invest is decent, is their others, could you do a video ? thanks again

@MitchShoesmith

5 ай бұрын

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.

@Mandems96

5 ай бұрын

thank you so much@@MitchShoesmith

You have quite a wild accent.

@MitchShoesmith

5 ай бұрын

lol thanks

A nice insite how the market has been over the last few years 💪.yes I think I would sell some amc now... but I would of also sold some tesla as when they bring a new car out you pretty much Know it will dive lol I just Changed my s&p 500 to a new quality one, that us uk investers couldn't get before, in last 5 years it over 100% where s%p is just over 80%. It called (uc99. Usb lrl etf plc-factor msci). Keep up the good work 😏