The 3 Big Investing Mistakes Beginners Make (Stock market)
21,753
Published 2022-02-20
Making your first investment in the stock market is a pretty big deal. You’ve probably been thinking about this, and researching what to buy for months if not years.
But there are three mistakes that almost everyone seems to make when they start out.
In this video, I’m going to help you identify them and hopefully save you lots of time, money and stress.
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0:00 Intro
0:28 Mistake 1
4:46 Mistake 2
9:58 Mistake
All Comments (21)
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What do you know now that you wish you knew when you first started investing?
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Nice content! The best way to find that balance between saving and living is by investing, this way you get to have your savings intact and then live comfortably of the revenue coming in from your investments.
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More clear, practical advice - worth listening to & taking on board whatever your level of experience in investing.
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Wisdom is knowing what you don't know......quite profound :)
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I started my investing journey a year ago at 35 and these videos have really helped especially during market downturns. I know if I regularly fund my vanguard account over the next 10-20 years then I'll get to where I want to be with minimal effort
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All good points!
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Amazing advice thanks James, I started putting into an index fund in the last year and already it's been worth it!
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Hi James really good content just a quick question, thinking about investing in vanguard life strategy fund 60/40. Could I also use this fund for a separate isa obviously, going to leave 60/40 for five years + isa just taking profits yearly, kind regards David 🙂
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Congrats from Barcelona 😉
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Any chance of index fund suggestions for 2022?
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Great video! Funny I just posted a video talking about why I only invest in index funds and the mistakes you talked about are basically ones I talk about, with a pretty similar conclusion about where to best spend your time.
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Good content James.
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Totally unrelated James and out of your regular financial advisor work (which mainly relates to retirement).... there's an energy crisis in the UK at the moment, and I think people are struggling to assess what the best plan on offer is. Would you consider doing a video on this topic, and what future trends might be when it comes to energy in Britain? Funnily enough the awful winds recently have offset some of that to the point NI went almost 100% wind for a moment - but I expect the energy companies to want to make their money back from the past few months of high gas & energy prices. There's also the situation with Russia. Anyway, some food for thought on a video and would like to see your breakdown if you could spare some time and make a video for us.
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Great video, thanks!
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These videos have REALLY helped me shape a more secure financial future as a 23-year-old. Thanks James!
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As a 23yr old, these videos have REALLY helped me shape a more secure financial future. Thanks James!
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Great knowledge and (not financial) advice James. Re fund managers, I saw a study somewhere that essentially said that managers who are able to outperform the market are then able to charge outsized fees meaning after fees they return the market. This makes sense since if we imagine a hypothetical fund manager who can provably return market +x%, by the EMH the value of their services is x%. Also I think Cathie Wood is more typical of fund manager style bias (being insanely high beta growth) than Woodford. Seems to me Woodford is more a 'believed his own hype' caveat since after he started his own fund he changed his investing style to focus on illiquid small cap (e.g. biotech...) instead of large liquid blue chips where he made most of his career returns. Either way he's a great example of your overall point - no person or company can beat the market forever, but if you hold the market/re-invest returns in it, so long as there is civilization you will stay afloat and likely do very well in the long run. Keep up the good work.
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My company has an employee share investment scheme. We can buy shares at 15% less than the lowest price over the preceeding six months. Would this be the exception to the rule? ie. not buying shares in individual companies?
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Another 10/10 video!
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I bought in the dip March 2020 only good companies and up 80 percent on all of them it was of course not luck but buying at an opportune moment. However that is with money I can afford to lose not my pension pots which all are passive index trackers. All profits I make go straight back into passive index trackers
