How to Invest Your First £5,000 with Sebuh Mesfin & Micky Tesfaye on The Money Matrix #5

How do you start investing with £5,000? What things should you avoid? What strategies do you need to know? Our viewers asked. We answered. Join Sebuh Mesfin & Micky Tesfaye in the latest episode of 'The Money Matrix' by  @blocks2bags .

The Money Matrix is a Blocks2Bags show hosted by Sebuh Mesfin (https://www.linkedin.com/in/sebuh-mesfin/) & Micky Tesfaye (https://www.linkedin.com/in/micky-tesfaye-687659138/) where they dive into the world of finance, economics and money. The aim? Financial education and empowerment by breaking down The Money Matrix.
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💎 Key gems being dropped:

1) How successful investing is about developing good habits over time, rather than predicting the future.

2) Breakdown of Individual Savings Accounts (ISAs). ISAs can be either regular bank accounts or stocks and shares accounts, and they allow individuals to save up to £20,000 per year tax-free in the UK.

3) Why younger investors can afford to take more risks when investing and what strategies they should look at for long term wealth generation.

4) Investing in private companies through crowdfunding. They share their personal experience of investing in a company called GoHenry through crowdfunding which saw a 3x return.

5) Avoiding social media traps and the dangers of crypto investing.

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BLOCKS2BAGS is a network of weekly show on #business #tech and #culture 💼 We break down the hottest ideas and interview entrepreneurs, investors, and creators to share their stories. The aim? To help YOU GET 2 DA BAG 💼 💰 Join our community of entrepreneurs, creators and investors by visiting 👉🏼 https://www.blocks2bags.com/community