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I've been encouraging my friends. They only invest £10, but I hope that will increase if they start earning more.
They invest on their favourite day of the week into a global index regardless whether price is up or down, after explaining the risks/rewards, especially since AI bubble will crash sooner or later.
and then the crash and shes already gone by then !! or they could have … yeah …
i did, back when i was 17, no internet or YT to learn off back then. Spent many months learning about stocks & shares, always wanted to work in the finance sector, best decision i ever made. Still at it 30 years on.
I Hit 200k today. I'm really grateful for all the knowledge and nuggets you have thrown my way over the last months. Started with 14k
Good to save but too much political power on people’s savings. Moreover wanting others to invest in shares can be good thing, but it is always a gamble to either gain or lose.
They say at 46 years old I should have 3 x my annual salary in savings? Who on earth has the money saved up? If I did I certainly wouldn’t keep it in the bank.
Why now? They could've introduced Financial Literacy into the education yonks ago. Banks play with peoples' money, so will it be accessible or some sort of rescue cushion if the Gov chooses?
All lies – they making u invest coz they know its gna crash so u don’t have any money so they can control you – cmon Martin u can’t see that?!
Invest for their future then tax it to death 😂
But the govement t can come n steal 40% pf people’s savings when they die so in away you be saving for it to be taken away again 😂
If you want to encourage investment the they should give an incentive rather than trying to pigeon hole people into it.
Why not give a 20% match investment fund up to £500 a year? So for every £1 you actively invest the government would give you an additional 20p up until a maximum of £500 a year.
This would give people an incentive to start investing, take some of the risk/fear away from investment and ultimately teach people a bit about how to manage investment funds.
Instead it feels like they are forcing a stocks and shares ISA upon us as a form of punishment which people won’t accept.
Who the Ducks got 20k a year to invest
Young people don't earn enough to invest, and a lot don't go to work after education. It's just another government squeeze.
Put it into schools and teach people how to do it instead of teaching stuff that is useless ! That’s where they need to start
And the stock market crashes and then what???
Yet they are failing to teach people about financial literacy
I like the comments about "no one taught me about investing". This information has been about in the world for a century and its easier now than every to invest. Open an account ( T212, AJbell, Hargreves Lansdown, iii Investment, to name a few) under a SIPP or ISA or JISA (to keep the taxmans mits pff the gains) and just drip feed a few hundred a year or month, and let the markets do the rest.
Who the heck has £20k a year spare to use these investments. Most of us are on the breadline.
Yes, more realliance on corporate greed and growth… That's what we need in the long term…?
Where does he say how to invest again?
Educate the kids in school first about money and investing.
The system is broken, stop investing in big companies, those are the same companies that are tearing apart countries and economies and peoples every day lives by putting profit and the shareholder above everything else
Why not then incentive Stocks & Shares ISA more for those who aren't educated on them, add a 5,10,15% bonus for the first x number of years when opening one, or actually educate people while in school on investing, in 19 and have £27,000 in my Stocks and Shares ISA, everything I've learnt about investing was on my own, I was never taught about it through main stream schooling or even my parents
Because s 20yr old today will not get a state pension
Invest for their future 🥴 you mean invest your money so bankers can make money off your savings 🙄
Do young people even have money to invest?
Wish he told me when I was 20 and used to regularly subscribe to the MSE newsletters
i just made 30% in global index funds in 6 months. It would take 6 years to get that return in cash ISAs.
Trying to prop the overvalued stock market up with new revenue. Huge crash overdue now.
Stocks can be extremely risky and can go very wrong if you don’t know what you’re doing. You can lose a lot of money. Don’t invest anything you’re not willing to lose.
Invest in gold. It’s saver
Invest in gold. It’s saver
So that they can then stop the national pension
I'm 28 and I'm not gonna be putting all my eggs in one basket and just saving my earnings so once I find my wife and have a family I won't ever have to say no I'm sorry we can't do this or go there, I'm gonna make sacrifices now so in 10-20 years time my little 100 plus seeded investments will grow into trees and its not meant to be easy but one day it'll be all worth it 😊❤
The most valuable factor for investing and compound interest is TIME. When we are kids we have the Most time yet we aren’t taught this. My question is why? And why won’t they change this ?
I have never heard Martin Lewis mention investing before. FINALLY.
It's actually quite sad, you've got 20yo's talking about their pensions & stuff.
I'm not saying young people shouldn't be responsible financially but I can understand why this country has become so depressing and sad.