If I Started Investing In 2024, This Is What I Would Do

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Published 2024-01-14
I will run you through every step I would take to start investing in 2024, from what I would buy, where I would buy it, and how.

Here is the link to the cheat sheet I have put together: financialinterest.com/index-fund-cheat-sheet/ Just add your email, and it will be sent to you. I will continue to update the glossary as time goes on. Please watch the Loom video on the overview page to see how to use it properly.

The brokers I use:

Trading 212
trading212.com/promocodes/DAMIEN
If you do not get your free share after depositing £1. Use promo code DAMIEN, you will find it in the section with the three lines in the bottom right corner of the app.

InvestEngine
investengine.pxf.io/eKR40z
Get a Welcome Bonus of up to £50 when you invest at least £100 with InvestEngine

Vanguard
www.vanguardinvestor.co.uk/
This is not an affiliate link

Other videos that will help:
USA vs Global:    • S&P500 vs Global Index - Don't get it...  
ISA's Explained:    • ISA Explained for Beginners: Everythi...  
Best ISA providers this year:    • Best Stocks & Shares ISA - It's time ...  

Timestamps:
00:00 - 2024
00:23 - The best performers
03:26 - Picking stocks
05:22 - What to buy
08:37 - How long for?
09:40 - The account
10:35 - Picking a platform
11:42 - Make you rich.
13:37 - Boring

DISCLAIMER: Some of these links may be affiliate links. If you purchase a product or service using one of these links, I will receive a small commission from the seller. There will be no additional charge for you.

DISCLAIMER: I am not a financial advisor and none of the content on this channel is financial advice. All information is provided for educational/entertainment purposes. If you are making investment or other financial decisions and require advice, please consult a suitably qualified licensed professional.

All Comments (21)
  • @DamienTalksMoney
    10:20 the bar label should be £3k not 1.5. I use an editor on certain content and this slipped through the review process! Sorry. financialinterest.com/index-fund-cheat-sheet/ Here is the link to the cheat sheet I have put together. Just add your email, and it will be sent to you. I will continue to update the glossary as time goes on. Please watch the Loom video on the overview page to see how to use it properly. I have had issues sending emails to outlook/hotmail so if you do not get it please check spam or try another email.
  • @SofiaDiego-
    intresting video I'm in my 50s and I'm more interested in investments that could set me up for retirement , I mean I've heard of people that netted hundreds of thousands during these crash, I listened to someone on a podcast who earned over $650K in less than a year, what's the strategy behind such returns?
  • @alexandroff4888
    I'm DCAing in Blcktken300 as well. ETH heavier DCA and ALGO. I'm taking your advice and starting Google tomorrow with a 50 dollar purchase and continuing Microsoft and Apple. VTI and VOO on another app and longterm portfolio. Here we go family!
  • @itisdanmoore
    Getting back into investing recently, I've just read Psychology of Money and this video resonates so hard with the lessons in that book. Great video, concise, no bs, well edited, and informative. Easiest subscribe ever.
  • @DylanChe19
    Genuinely the best video I have ever watched on money. Clear voice, tone, editing, camera, and information so easy to grasp that you actually learn stuff efficiently with advice.Thoroughly enjoyed.
  • @Justinfred11
    I'd retiring or working less in 8 years, and considering this financial recession, Im deciding to begin taking up skilled trades. I'm curious to know best how people split their pay, how much of it goes into savings, spendings or investments, I earn around $120K per year but nothing to show for it yet.
  • @beckyluck3086
    Brilliant explanation that’s genuinely empowering. Thankyou.
  • @reikhard
    Nice!!! Clear and very well structured video!
  • @aidankelly7135
    Took your advice on understanding all the jargon and haven't looked back. Thank you for making investing easier to understand.
  • @riceisnice7988
    Hey man, just wanted to say brilliant video. Not only you made it fun for me and my dad to watch but you made it so much easier to understand. Thank you and i wish everyone who watches your video great success and prosperity! :)
  • @salutatis
    Thanks for sharing Damien. I always enjoy watching your videos
  • @michelmeijer4509
    Thanks Damien, for reinforcing the index fund strategy. Once in a while I need this to stick to the routine :)
  • @connorc4241
    Thank you so much as always, Damien, for such detailed and well explained videos. Always a balanced argument presented brilliantly and your page is easily the best place to go for investing advice in my opinion. Really appreciate the fact that you don't just churn out videos for the sake of it (or your own financial gain) and have a genuine interest in providing useful content for your viewers.
  • @JoshMars_
    Amazing video. No minute wasted. Full of great great advice especially about the mentality of "I'll be happy when I get there" that so many fall into.