The Money Gains Podcast I Started Investing At 19 And Built A 6-Figure Investment Pot (You Can Too!) - Tom Wickstead
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Aug 20, 2025 Tom Wickstead, a dynamic personal finance content creator, shares his journey into investing at 19 and reveals harsh truths about financial independence. He emphasizes the urgency of starting to invest, no matter the amount, and discusses the psychological barriers to saving versus investing. Tom also highlights the impact of government policies on purchasing power and the importance of budgeting and consistent contributions to investment funds. His insights aim to empower listeners, urging them to navigate consumerism mindfully and prioritize financial health.
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Consistency Is The Real Multiplier
- Consistency compounds across money and other efforts, producing outsized results over time.
- Small monthly contributions snowball into substantial portfolios after many years.
Start With Reading, Tracking, And Automating
- Read accessible finance books and start by tracking where your money goes using bank statements.
- Set up a direct debit into a stocks & shares ISA and invest consistently even with small amounts.
Choose Low-Cost Index Funds First
- Use low-cost index funds like the S&P 500 for most of your portfolio for long-term growth.
- Prioritize simplicity: index funds plus regular contributions beat market timing for most people.
