In this week's episode we have Lord John Lee, a House of Lords member, former MP, a Stock Market Investor with over 60 years of experience and author of the book “How To Make A Million Slowly Guiding Principles From A Lifetime of Investing”.

In this episode we discuss:

- Lessons John has learnt from 60 years of investing

- How he became the UK's First ISA Millionaire in 2003

- The strategy he used to build his portfolio to £1 million+

- How he achieved an average annual return of 21%

- How you can build a £1 million portfolio too

- How to stay patient during stock market crashes and much more

Connect with Lord John Lee:

Lee and the IC on Youtube

Lee and the IC website

Grab John's books

- How To make A Million Slowly: https://amzn.to/41jJRdv

- Yummi Yoghurt: A First Taste of Stock Market Investment: https://amzn.to/4hYKwbv

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TIMESTAMPS

0:00 - Preview

1:05 - Intro

1:40 - Meet UK’s First ISA Millionaire Lord John Lee

8:51 - What inspired me to start investing in 1958 

12:23 - What I now realise about investing 

20:07 - Tide Ad

21:31 - Turning point that helped me become a better investor

26:13 - How build a £1 million portfolio with £126,200 over 16 years 

33:28 - Other key factors to fuel growth to £1 million

36:24 - Why I invest in UK smaller companies but not startup companies

42:10 - My best performing investments 

48:01 - How I achieved an Annual Average Return of 20%

56:11 - Does Lord John Lee’s investing strategy still work today?

59:34 - Why I invested in stocks and not funds 

1:01:35 - How I stayed patient during stock market crashes 

1:04:41 - Was Lord John Lee tempted to sell once he hit £1 million ?

1:06:08 - Did my strategy change when I reached £1 million

1:08:43 - Two companies I’m currently invested in

1:12:51 - Sectors that could be good in the next 5-10 years 

1:15:25 - How to start your journey to a £1 million investment portfolio

1:18:20 - Why there’s such few ISA Millionaires in the UK 

1:19:45 - Why it’s important to invest 

1:22:08 - Lessons from 60 years in investing 

1:23:55 - John’s Investment books

1:27:19 - Final words

#FinancialPlanning

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