The 3 Big Investing Mistakes Beginners Make (Stock market)

The 3 big stock market mistakes that new investors make.

Making your first investment in the stock market is a pretty big deal. You’ve probably been thinking about this, and researching what to buy for months if not years.

But there are three mistakes that almost everyone seems to make when they start out.

In this video, I’m going to help you identify them and hopefully save you lots of time, money and stress.

👉🏻 *Looking for help with Financial Planning?*

DISCLAIMER:
This channel is for education purposes only and does not constitute financial advice - James is not responsible for investment actions taken by viewers. Please seek out a regulated advisor if you require assistance (while James is a financial planner, he does not provide advice through this Youtube Channel, which is not affiliated with his employer).

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The author asserts their moral right under the Copyright, Designs and Patents Act 1988 to be identified as the author of this channel and any video published on it.

0:00 Intro
0:28 Mistake 1
4:46 Mistake 2
9:58 Mistake 3

[JamesShack]

What do you know now that you wish you knew when you first started investing?

[henrikraymond]

Nice content! The best way to find that balance between saving and living is by investing, this way you get to have your savings intact and then live comfortably of the revenue coming in from your investments.

[maltesetony]

More clear, practical advice - worth listening to & taking on board whatever your level of experience in investing.

[ademcguinness]

Wisdom is knowing what you don't profound :)

[EleanorNicBhatair]

Amazing advice thanks James, I started putting into an index fund in the last year and already it's been worth it!

[wayneroberts]

I started my investing journey a year ago at 35 and these videos have really helped especially during market downturns. I know if I regularly fund my vanguard account over the next 10-20 years then I'll get to where I want to be with minimal effort

[Sup_ERS_Tar]

These videos have REALLY helped me shape a more secure financial future as a 23-year-old. Thanks James!

[daviddearne]

Hi James really good content just a quick question, thinking about investing in vanguard life strategy fund 60/40. Could I also use this fund for a separate isa obviously, going to leave 60/40 for five years + isa just taking profits yearly, kind regards David 🙂

[Nkunkuchanel]

As a 23yr old, these videos have REALLY helped me shape a more secure financial future. Thanks James!

[darrentakesover]

Amazing advice as always! I only wish you made these videos 10 years ago when I was in my early 20’s. Definitely going to recommend your channel to friends and family. Thanks James for getting me started investigating

[geonwilliams]

Great knowledge and (not financial) advice James. Re fund managers, I saw a study somewhere that essentially said that managers who are able to outperform the market are then able to charge outsized fees meaning after fees they return the market. This makes sense since if we imagine a hypothetical fund manager who can provably return market +x%, by the EMH the value of their services is x%.

Also I think Cathie Wood is more typical of fund manager style bias (being insanely high beta growth) than Woodford. Seems to me Woodford is more a 'believed his own hype' caveat since after he started his own fund he changed his investing style to focus on illiquid small cap (e.g. biotech...) instead of large liquid blue chips where he made most of his career returns.

Either way he's a great example of your overall point - no person or company can beat the market forever, but if you hold the market/re-invest returns in it, so long as there is civilization you will stay afloat and likely do very well in the long run. Keep up the good work.

[JamesShack]

Today I'm joined by my co-host... the annoying red mark on my nose! 😂

[itspaulhaywood]

Great video! Funny I just posted a video talking about why I only invest in index funds and the mistakes you talked about are basically ones I talk about, with a pretty similar conclusion about where to best spend your time.

[samarnold]

Any chance of index fund suggestions for 2022?

[lc]

Hi James, thanks for all your clear information.would you recommend investing in the same index funds for both an ISA and pension.

[halforma]

Brilliant posting. I learned the hard way that you are far better just leaving your money in a diversified index tracker and placing your energies elsewhere to add value..

[johnanth]

Totally unrelated James and out of your regular financial advisor work (which mainly relates to retirement).... there's an energy crisis in the UK at the moment, and I think people are struggling to assess what the best plan on offer is. Would you consider doing a video on this topic, and what future trends might be when it comes to energy in Britain?

Funnily enough the awful winds recently have offset some of that to the point NI went almost 100% wind for a moment - but I expect the energy companies to want to make their money back from the past few months of high gas & energy prices. There's also the situation with Russia.

Anyway, some food for thought on a video and would like to see your breakdown if you could spare some time and make a video for us.

[leestockwell]

My company has an employee share investment scheme. We can buy shares at 15% less than the lowest price over the preceeding six months.

Would this be the exception to the rule?

ie. not buying shares in individual companies?

[moonphaser]

Very good and well researched video, well done

[The_Gryph]

Do you have any guidance for those looking to reskill? I'd like to work towards a DipFA, but it would be from the ground up. My closest link would be a previous role as a mortgage case manager. What was your journey?