EP. 149 - Investing Expert: Becoming A Millionaire Is Simple! This ONE Investment Will Make Me Rich! ft. Ryan King (Making Money Simple)

The Savvy Wallet Podcast

Joining us in the booth is investing and finance expert Ryan King, who has built an investment portfolio worth over £100,000+ in 7 years.

In this episode we discuss:

  • Why becoming a millionaire is ‘simple’
  • How Ryan built a £100,000 investment portfolio in 7 years
  • The one investment that will make Ryan a Millionaire
  • How compound interest can help you build serious wealth
  • How to deal with fear in the stock market
  • Investing in Bitcoin and the future of crypto
  • 3 step blueprint to invest today and much more

🔗 Connect with Ryan:

Instagram: https://www.instagram.com/makingmoneysimple

Youtube: https://www.youtube.com/@MakingMoneySimple

📚Grab a copy of Ryan's book " Stop Waiting, Start Investing": https://amzn.to/4i7YBnr

📩 Sign up to my mailing list to be the first to know about upcoming events:

http://eepurl.com/hJEcLL

➡️ Follow Savvy Wallet on:

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TikTok: https://www.tiktok.com/@savvywallet

Check out our partners who offer Stocks and Shares ISA and more:

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Get a FREE fractional share worth up to £100 when you open an ISA or invest account and deposit at least £1, using my link: https://www.trading212.com/join/SAVVY

If you don't get the free share automatically after depositing £1. Use the code "SAVVY" in the promo code box. You can use this code for up to 10 days after opening the account.

When investing, your capital is at risk. Tax treatment depends on your individual circumstances and regulations which may change. Other fees may apply.

⚡️Hargreaves Lansdown ⚡️

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Some of the links are affiliate links which means that we will receive a small commission if you make a purchase, however there will be no additional charge to you.

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TIMESTAMPS

00:00 - Savvy Wallet Ad

00:18 - Preview

01:23 - Intro

01:59 - Meet investing expert and finance author Ryan King 

04:19 - Lessons learnt living in Australia

09:52 - What Ryan’s invested in and the value of his investment portfolio

15:02 - How do you actually make money from investing? 

19:49 - How much Ryan started investing with 

24:11 - The current amount Ryan invests in monthly

30:56 - The real reason why people can’t retire

36:00 - Becoming a millionaire is easy?!

39:31 - Why you should stop waiting and start investing 

44:18 - How to figure out what to invest in 

51:39 - The cons of investing in global index funds 

57:04 - How to deal with fear in the stock market 

01:01:33 - How to stay patient with investing 

01:09:57 - Biggest lessons learnt from investing 

01:11:39 - The exact blueprint to invest today

01:17:44 - The importance of automating your investments 

01:19:29 - How to minimise your investment fees 

01:21:47 - Bitcoin going to $100,000

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