The Making Money Simple Podcast

'I’m 42, Have £122,000 Invested & Will Retire With £550,000 In 8 Years' - Neil Invests


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Neil from @NeilInvests joins me on this podcast episode for a fascinating and insightful chat where we discussed his entire investing journey to date and his future investing plans.

For context, Neil is currently in his 40's and is planning to build his Stocks & Shares ISA portfolio to £500k+ to enable an earlier retirement.

Neil runs us through the specific investment platform he uses, why he uses a Stocks & Shares ISA, and why he specifically invests into the S&P 500 and FTSE All World.

But that's not all. We cover his biggest investing mistakes, favourite investing books, why he doesn't plan to invest into bonds, how he plans to live off of his investment portfolio, and a lot more.

Listen to this podcast episode for the full details.

Timestamps:

0:00 - Intro

1:15 - Neil’s overall approach

4:45 - Neil’s investing journey and mistakes

10:10 - The difficulty of stock picking

12:20 - Do you need a financial advisor?

14:36 - Why did you choose Trading212?

18:58 - Why a Stocks & Shares ISA?

24:05 - Why the Vanguard S&P 500 Income ETF and Invesco FTSE All World Income ETF?

27:10 - US or Global ETF?

28:50 - Crypto investing

31:36 - Why use Income/Distributing ETFs?

34:40 - Neil’s exit plan to live off of his investments

38:34 - What about bonds?

41:09 - Will you take the pension tax-free lump sum?

43:25 - Book recommendations to get started investing

46:01 - Outro

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More investing:

📝 Download my free investing guide to help you start investing - https://www.makingmoneysimple.co.uk/Free-Investing-Guide

📕 Get my book Stop Waiting, Start Investing (available as a physical, digital and audiobook) - https://www.makingmoneysimple.co.uk/swsi-book

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⚠️ Disclaimers: I am not a financial advisor and this does not represent financial advice, it is for entertainment purposes only. Please seek professional advice to get the best information for your personal situation. When investing, your capital is at risk and you may get back less than invested. Past performance does not guarantee future results.

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📥 Get in touch: https://www.makingmoneysimple.co.uk/contact

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The Making Money Simple PodcastBy Ryan King

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