Here’s how I make $2,000/month on Revolut by trading from my phone. 12.5% investment return and near enough the average UK take home salary.
SIGN UP TO REVOLUT HERE:
► https://revolut.com/referral/bretv7xp!20201217
📈 Get FREE Stocks:
https://magic.freetrade.io/join/bret/87f3872f (FreeTrade – worth up to £200 when you fund your account)
In this video I show you:
1. The platform/app I use to invest – 1:17
2. The pro’s and con’s of this platform – 3:26
3. My current portfolio on the platform – 10:37
4. Exactly how to make trades – step by step – 13:00
📚 Books I Recommend:
The Millionaire Next Door: https://amzn.to/2Mjem08
The Intelligent Investor https://amzn.to/2MdBFIS
Your Money or Your Life: https://amzn.to/3ofObF0
A Random Walk Down Wall Street: https://amzn.to/3o9lDwL
Tax when you sell shares in the UK:
https://www.gov.uk/tax-sell-shares
I’m currently doing more day trading because market volatility is so high and feel like I can profit from it – but these are risky strategies so bear that in mind. However even for buying investments to hold – this is a great app.
Pros:
– Can buy fractional shares
– Unlimited free trades if you are a metal user (Costs $15/month)
– Premium Account = $10/month = 8 free trades/month
– Standard Account = (FREE) = 3 free trades/month
If you pass your free trade limit – trades cost $1 each which is still pretty darn good.
– No inactivity fees
– No withdrawal fees
– Fast & easy account opening
– Almost instant trades
– You can buy crypto on the platform too (bitcoin etc.)
Cons:
– Limited product portfolio
– Only 1 base currency – USD
– Basic stats and missing educational tools
– No detailed portfolio tracking data
– Within the first 30mins of the market opening, the app is super slow and sometimes not even useable
🎥 My YouTube Camera Gear
https://kit.co/BretClay
Now despite all these things going against it, I still enjoy using this app, and it’s my preferred way to day trade. So I would still recommend it if you’re thinking about getting started and don’t know where to start. I believe they are also working on an update which should be out soon and that might improve a lot of the interface/metric points I made. At least I really hope it does. Let me know in the comments if you’d like me to make another video when the update is out and see how it compares?
I always thought investing was so confusing and scary and not something I could ever understand, but if you are still here then hopefully I’ve been able to show you how simple it can be. Furthermore even if you don’t have tonnes of money, YOU DON’T HAVE TO, even if you start by investing say £/$10/month, instead of spending that on crap – it’s money that will grow and mature over time and help you become financially free in the future.
Cheers,
Bret
🎵 Where I get my Music (amazing for YouTubers) https://www.epidemicsound.com/referral/o1rok2/
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This description contains some affiliate links. I may receive a small commission for purchases made through these links.
