HOW TO START INVESTING WITH LITTLE MONEY [5 steps for Beginners]

You think too much! Take action and start investing today. Here are my 5 key steps to move from thinking to action mode even when if you have little money to start.

Chapters
00:00 Why this video & disclaimer
00:33 The 5 key steps (overview)
01:17 Quick intro
01:33 Step 1 - Setting up your investing goals & key considerations
05:19 Step 2 - Opening your investing account & tips to pick a broker
09:43 step 3 - Tips to start at your level even small amounts
13:11 Step 4 - Tips when buying your first assets (Shares & ETFs)
15:32 Recap on steps 1 to 4
16:03 Quick note on income and capital gain taxes
16:56 Example of tax rules on ETFs (Distributing vs Accumulating)
17:53 Step 5 - Consistency beats talent
18:52 Note on returns for Investing vs Savings and differences
19:17 Final words to get you take action & tips to educate yourself
00:20 Closing

Investing is not that BIG difficult thing people make it sound like. Cut the noise, stop comparing yourself and follow a consistent approach. Your stable income through your 9-5 is actually a great way to start. I started my own investing journey in 2021 through my own company shares, company pension fund and also an online broker (Interactive brokers is my main online broker and I also use e-toro).

Please remember that I am not a financial advisor but I hope this video will help you demystify investing and make you realise that it is not rocket science. Just start step by step. You don't need to read too many books, you need to take action and learn along the way. All investments are a risk but the bigger risk is to never start at all and let your money be eaten by inflation and not setting your future self up for success.

I am more than happy to do more videos about investing and what I learned since I started. Anybody can invest and if I can do it, then you can do it too.

If you enjoyed watching this video, don't forget to like. Feel free to ask questions or comments below (I will reply the best I can but I won't advise on which specific asset you should buy or what my own portfolio is made of).
I will make similar videos along with other topics I cover in my channel.
if you want to see more, subscribe and in the meantime, as always guys: stay blessed and see you later ! xoxo

All images used to illustrate my ideas and explanations are credited in the relevant part of the video otherwise, most videos used are form Pexels and Canva.

#investing #investingforbeginners #howtoinvest