If I Started Investing In 2024, This Is What I Would Do | Onlyinvesting.info

By onlyinvesting.info Jan 14, 2024



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: 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:
InvestEngine

Get a Welcome Bonus of up to £50 when you invest at least £100 with InvestEngine

Trading 212

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.

Vanguard

This is not an affiliate link

Other videos that will help:
USA vs Global:
ISA’s Explained:
Best ISA providers this year:

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.

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47 thoughts on “If I Started Investing In 2024, This Is What I Would Do | Onlyinvesting.info”
  1. 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.

    https://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.

  2. Excellent video. The emphasis on long term is essential.
    I'd add one thing. If you are investing long term, don't look at how well you're doing each day, or week, or month. It can spook you if things are temporarily going badly.
    If you're investing long term, what happens week to week or month to month doesn't matter.

  3. Hello i am first time investor in UK as came from India and invest in indian stock markets … I have been watching all videos but really need a confirmation once again before investing Kindly please suggest me 2 funds stocks and share isa and the platform which will be best for me i can just invest cant track stocks side of the thing as want to focus on upskill.

    Any reply would be helpful for me
    I have Hargreaves Lansdown account but seems charges are very high so please suggest which platform i should open acc and start my investing journey in UK thanks a lot .

  4. Hi Damien, great vid. If you have the choice, do you always put the maximum amount into your ISA at the beginning of the financial year or do you dollar cost average over the course of the year ?

  5. Just swapped all of my last ETH and swapped it into Blcktken300 . Already up a little bit. Unfortunately I have some other junk staked which won’t free up for a while. Still now I am on the train!

  6. 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!

  7. I was sure last year would end terrible for me but I think Blcktken300 is spot on with what they do and how they do it. Cant say for how long its going to work and for sure it is overyhped right now but even if just half a year or something it would be smart to ride the wave and then jump away eventually, but the reason why this is smart right now is because its so cheap, wont ever find a better entry than now

  8. You failed to mention some of the richest people in the world are selling stock in their own companies and not small amounts either. Jeff Bazos has or is about to sell $6 billion of Amazon stock. Why? These guys usually tend to borrow loans against their stock holdings and never sell such huge amounts. Additionally you failed to mention crypto currency. Crypto and crypto related technology such as the block chain, gaming, AI is out performing the S&P 500 by huge percentages and with crypto coming into its four yearly bull cycle it is sure to carry on out performing tradfi.

  9. Yep the 5-10year thing is so important. My Vanguard tracker was showing a loss for the first few months, not a lot, but I was still annnoyed until I saw a version of that graph and thought about it properly for a bit. Now 2 years later of consistent monthly saving it's up a healthy percentage despite those initial first few months of disappointment.

  10. I lost over $70K when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I find one source to recover my money, at least $9k profits weekly. Thanks so much Alisha Gibson.

  11. Hi All. Just a question.
    Ive just sold some of my bitcoin and Solana. Total of 10k
    Does this mean that i have to pay tax on 4k from the total? I did buy my 1st bitcoin back in 2018 and Solana long time ago.

    Is there a simple way to understand how to tax crypto in Uk?

    Thank you for any good advice.

    Cheers😊

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