S2E3: How to ACTUALLY start investing: picking the right index fund & investment platform

Once you’ve decided to invest, you still need to pick which platform to use, and which fund to invest in from the many similar looking options. It can be very confusing - that’s what you’ve told us and we agree - so in this episode Damo explains to T how to do it. For Damo this has been 12-13 years in the making, finally getting T to take the plunge, open an ISA and pick a global index fund. Here’s how. If you want to watch the video version of this episode you can find it on our YouTube channel here: https://youtu.be/Gu66rpxjLy4. 📈 Investment platforms we use: Trading 212 Get a free share worth up to £100 when you sign up for a new Invest or ISA account and deposit at least £1. https://www.trading212.com/promocodes/MM  If you do not get your free share after depositing at least £1, use the promo code ‘MM’ (for Making Money). You can use this code for up to 10 days after opening the account. InvestEngine  Get a £25 bonus when you invest at least £100. https://investengine.pxf.io/daOD2Q Vanguard https://www.vanguardinvestor.co.uk/ This is not an affiliate link. 🏥 Life insurance, income protection and critical illness cover We work with Heath Protection: https://heathprotection.co.uk/ If you purchase a product or service using one of the links above, we may receive a small commission. There will be no additional charge for you. Remember investments can fall and rise - and past performance is no guarantee of future results. Other fees may apply. Your money is at risk. 📇 80% of what you need to know about personal finance on 2 pages Download: https://makingmoney.email/basics-guide 🤝 Want guidance from a financial advisor 1:1? Email [email protected] for more info. 🎉Sponsors Vanta - Get your company secure and compliant, with $1k off: https://vanta.com/makingmoney. Tide - Get 4.33% AER Variable for your business account: https://makingmoney.email/tide. MoneyWeek - Get 6 editions of quality financial journalism for free: moneyweek.com/makingmoney. ✉️ Newsletter If you want a summary from this episode in an easy format, please subscribe to our newsletter: https://makingmoney.email/ep16 Disclaimer: 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.