10.09.2023 - By Kindling Media
Everyone talks about diversification, but how diverse do you really need to be? Can you just invest in one fund? Ramin Nakisa is personal finance YouTube royalty in the UK. He’s one of the OGs who showed Damo that it can be done. But he’s also a ridiculously smart, former investment banker who left that world to teach ordinary people how to build wealth because, like us, he thinks there’s a ridiculous financial education hole in this country. Ramin walks us through some of the major assets classes, and their pros and cons - but also why one investment might just be enough for you to beat most professional investors, forever.
This episode was recorded in July 2023 so some information may have changed since then.
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Investment platforms
Here are some of the biggest investment platforms in the UK - and Damo uses all of them too.
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Trading 212
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InvestEngine
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https://investengine.pxf.io/daOD2Q
Vanguard
https://www.vanguardinvestor.co.uk/
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This is not financial advice. The reason it’s not financial advice is because it’s not tailored to you. We explain the principles of building wealth but if you want personalised advice, it’s worth speaking to a financial advisor. As with everything financial, please do your own research. We really encourage that because no one cares more about your money than you and if you learn the basics then it will change your life.