As of August 2021Vangaurd Personal Investor will be charging a $9 brokerage fee per trade. So if you are investing small amounts on a regular basis i would look at another provider.
@@dansplained42 I've seen countless videos on Index funds over the past year and this is the best one. Straight to the point, no b.s, showing several examples and how to open a vanguard account. I'll be watching more of your videos for sure.
Any platform is fine to use, for larger trades I tend to use different brokers, but for my regular, fortnightly purchases I go straight through vanguard
Hi mate. There are several. It’s best to jump online and look at the rates for different brokers. I posted a video going over the best broker apps for investing. Some of the info may have changed, but it gives you a great blueprint of what to consider that will best suit you
When do you think that will be? Point being: time in the market is always better than timing the market. The right time to invest is asap. The earlier you start, the better. If you invest regularly from now on, you will be able to always buy into the market whether it’s on the way up or down and you should win overall
Great video! One quesion: im from europe but wouldn't it be better if ETF reinvest those dividends instead of paying them out? (here where i live theres 19% div tax)
Absolutely! Not all etfs and brokerages offer automotive reinvestment which means people need to do it the self. But yes, absolutely it is best to reinvest dividends. Firstly to avoid paying tax on them and secondly to continue to grow your holdings. If you don’t mind me asking, which country in Europe are you from?
@@dansplained42 Im from Poland. Taxes on dividends can be avoided by investing in IKE and IKZE accounts (it's like yours IRA or 401k i belive...) We can pay a maximum of 300% of the average monthly salary for the national economy forecast for a given year to IKE. So in 2021 it will be 15777.00 zł (~$4200 in today USD/PLN) Funds can be withdrawn (0% tax) after reaching retirement age, but not earlier than at the age of 55.
Ok thanks for that, really good to know. Australia is similar, there is a maximum contribution at no tax (although I’m not sure what the numbers are Dziękuję Ci
Mate you are investing in ETF and you constantly kept saying index funds ... They both are slightly different. Now vanguard charges 9 bucks brokerage per transaction on every ETF via their portal. So imagine you can doing weekly investment of 3 different ETF as you are suggesting, you are spending 27 bucks a week times 52 weeks. That will be a whopping 1400 bucks in brokerage. You need to invest in Index funds whose code is different
Hi Dan, hope the family is happy and healthy!! , Are you from another planet???never been able to solve the "rubiks cube" Great advise......Jim in Washington.
Hahaha! Like I say in the video, it’s just something your haven’t learned. Anyone can learn to solve it. In fact, within 1 month of learning, I bet you could solve it in less than a minute💪🏼. Thanks for the comment as always Jim, legend
Dan! So glad you're back! Your NIO prediction has been pure electricity! I hope you won't just advocate for Index Funds and keep giving us some stock picks!
Thanks so much Scott. I think I’ll probably be doing a 90deg turn tbh. Sorry to disappoint you, but as much as I enjoy reviewing and analysing stocks for my subscribers, I think a more general financial channel will suit me better. I also think I have more to offer in that space. Sorry if that disappoints but hopefully you’ll learn a thing or two from the channel either way
@@dansplained42 Damn you Dan for promoting fiscal responsibility and smart investing. Just kidding of course! I'll still be a fan and look forward to future videos.
Hahahaha😂! You’re always welcome to ask me if I have any picks. Frankly, I think ark invests etfs are more exciting than any individual stock I’ve seen. There’s a freebie for ya 😉
@@dansplained42 It's not that i am a fast solver but i can do it under 4 mins. I took me weeks because i kept forgetting the algorithms to switch the cornes but i learned it. I can do it under 4 mins. I know it is slow but i can solve it and i am very happpy
That’s incredible. It takes a while to remember each algorithm for each step, there’s no doubt about that. You in the 1% or less of people who can either solve it, that’s impressive in itself. I found that once I learned to solve it, I really wanted to get fast...it motivated me!
@@dansplained42 i understand index funds and compound interest but i just don't know how to open an vanguard index funds account and how to start investing
As of August 2021Vangaurd Personal Investor will be charging a $9 brokerage fee per trade. So if you are investing small amounts on a regular basis i would look at another provider.
Sold! I’m in!! Thanks for making life easy for me 😁
That’s my job 👌🏼
Great starting point for sure, and if theres one investment you want to make then 100% invest in an index fund 💯
The intro analogy was amazing! Talking while solving the cube at the same time 😍
Haha, thanks Ellie!
Thank you for sharing the Vanguard process. Great video. New Sub!
Oh awesome, I’m so glad to hear that! Any time my friend
@@dansplained42 I've seen countless videos on Index funds over the past year and this is the best one. Straight to the point, no b.s, showing several examples and how to open a vanguard account. I'll be watching more of your videos for sure.
That’s awesome to hear! I’m really happy to hear that. Very flattering words
You walked us through all the steps very well, and easy to understand. I'll give it a try right now. Thanks!
Awesome, good luck and have fun!
Awesome video! Been looking for a way to invest passively. Do you like the vanguard platform or would any platform be fine to use?
Any platform is fine to use, for larger trades I tend to use different brokers, but for my regular, fortnightly purchases I go straight through vanguard
Such valuable info 👏 .. if vanguard doesn’t provide snp 500 , then which other platform that has low rates, do you suggest for Australians ?
Hi mate. There are several. It’s best to jump online and look at the rates for different brokers. I posted a video going over the best broker apps for investing. Some of the info may have changed, but it gives you a great blueprint of what to consider that will best suit you
It’s been a while, good to have a post from you.
Sorry mate. Took a long hiatus, but I’m back in action!
Is it true you don't receive the dividends as payment if you invest in international ETFS? They automatically reinvest?
Great trick at the beginning of the video to illustrate your point. Reminds me of Andrei Jikh with his card shuffling!👍
Hahaha! That’s a good point. It is similar, although far less impressive
This guys deserves far more views and subs than he has.. well done 👍🏻
do you also add to your portfolio and invest in ETFs that pay higher dividends? like vhy? or hvst?
I personally don’t chase dividends because I prefer the higher growth options. Dividends are great, but the growth etfs are ideal for me
Quick question after you invest in a ETF, do you like sell it or how does it work ?
Whenever you are ready to sell, you just sell :)
Do you believe we should wait and just keep saving til we experience a recession at this point?
When do you think that will be? Point being: time in the market is always better than timing the market. The right time to invest is asap. The earlier you start, the better. If you invest regularly from now on, you will be able to always buy into the market whether it’s on the way up or down and you should win overall
@@dansplained42 much appreciated
Great video! Welcome back!
Feels like home 😂
Great video!
Thank you for sharing.
Thank you for this video. Very helpful and so encouraging!
Oh awesome, I love to hear that!
Great video!
One quesion: im from europe but
wouldn't it be better if ETF reinvest those dividends instead of paying them out? (here where i live theres 19% div tax)
Absolutely! Not all etfs and brokerages offer automotive reinvestment which means people need to do it the self. But yes, absolutely it is best to reinvest dividends. Firstly to avoid paying tax on them and secondly to continue to grow your holdings.
If you don’t mind me asking, which country in Europe are you from?
@@dansplained42 Im from Poland.
Taxes on dividends can be avoided by investing in IKE and IKZE accounts (it's like yours IRA or 401k i belive...)
We can pay a maximum of 300% of the average monthly salary for the national economy forecast for a given year to IKE. So in 2021 it will be 15777.00 zł (~$4200 in today USD/PLN)
Funds can be withdrawn (0% tax) after reaching retirement age, but not earlier than at the age of 55.
Ok thanks for that, really good to know. Australia is similar, there is a maximum contribution at no tax (although I’m not sure what the numbers are
Dziękuję Ci
Mate you are investing in ETF and you constantly kept saying index funds ... They both are slightly different. Now vanguard charges 9 bucks brokerage per transaction on every ETF via their portal. So imagine you can doing weekly investment of 3 different ETF as you are suggesting, you are spending 27 bucks a week times 52 weeks. That will be a whopping 1400 bucks in brokerage. You need to invest in Index funds whose code is different
😍😍😍😍 yes
Hi Dan, hope the family is happy and healthy!! , Are you from another planet???never been able to solve the "rubiks cube" Great advise......Jim in Washington.
Hahaha! Like I say in the video, it’s just something your haven’t learned. Anyone can learn to solve it. In fact, within 1 month of learning, I bet you could solve it in less than a minute💪🏼. Thanks for the comment as always Jim, legend
@@dansplained42 👍😀
What is your job?
One more great video .. thank u dan..
Glad you enjoyed and you’re welcome!
I am enjoying your personality way more then Graham's ;D
Oh thanks Azrae. That’s very kind of you. I hope my videos help!
Dan! So glad you're back! Your NIO prediction has been pure electricity! I hope you won't just advocate for Index Funds and keep giving us some stock picks!
Thanks so much Scott. I think I’ll probably be doing a 90deg turn tbh. Sorry to disappoint you, but as much as I enjoy reviewing and analysing stocks for my subscribers, I think a more general financial channel will suit me better. I also think I have more to offer in that space. Sorry if that disappoints but hopefully you’ll learn a thing or two from the channel either way
@@dansplained42 Damn you Dan for promoting fiscal responsibility and smart investing. Just kidding of course! I'll still be a fan and look forward to future videos.
Hahahaha😂! You’re always welcome to ask me if I have any picks. Frankly, I think ark invests etfs are more exciting than any individual stock I’ve seen. There’s a freebie for ya 😉
He’s bacckkkk!!!
They call me Slim Shady, I’m back, I’m back
Great video! Always awesome
nice video - very easy to follow. will let you know how i go ;)
Can’t wait to hear it!
Champion
The contents are excellent thanks. But only if you do less needless talking and jokes and get to the point please
😂Noted, thanks!
New video! He's alive
That was a smooth solve!
I am alive and thanks, learned from the best 😉
Welcome back wise one.
I've made 5% return in just one month after following your advice about ETF's.
Thank you so much for motivating me 🙏
That’s incredible to hear! You’re very welcome, thanks for the feedback
I can solve rubik cube
That’s awesome, you are one of very few my friend. What’s your best time?
@@dansplained42 It's not that i am a fast solver but i can do it under 4 mins. I took me weeks because i kept forgetting the algorithms to switch the cornes but i learned it. I can do it under 4 mins. I know it is slow but i can solve it and i am very happpy
@@dansplained42 I'm 15 man. Please can you make an video on how to open an vanguard account to invest in index funds and how can we invest.
That’s incredible. It takes a while to remember each algorithm for each step, there’s no doubt about that. You in the 1% or less of people who can either solve it, that’s impressive in itself. I found that once I learned to solve it, I really wanted to get fast...it motivated me!
@@dansplained42 i understand index funds and compound interest but i just don't know how to open an vanguard index funds account and how to start investing