Your First Investment —
5 Steps

About this episode

Most people know they should be investing. Almost nobody knows how to actually start. This episode fixes that. Mike breaks down the exact five steps to make your first investment — no jargon, no complexity, no excuses.

The 5 steps

1. 1Decide how much to invest — You don't need thousands. Even €50/month invested consistently beats waiting until you have "enough".
2. 2Choose where to invest — Open a brokerage account. Mike walks through what to look for and what to avoid.
3. 3Pick your first investment — For most beginners, a single global index fund is all you need. Simple, cheap, proven.
4. 4Set up automatic contributions — The system that runs itself. Set it once, never think about it again.
5. 5Leave it alone — The hardest step and the most important one. Time is your biggest advantage.

Why most people never start

It's not lack of money. It's not lack of information. It's the feeling that you need to know more before you begin. This episode is designed to remove that feeling permanently. By the time it's over, you'll have no reason left not to start.

Who this is for

Anyone who has never made an investment before and doesn't know where to begin. If you already invest, send this to someone who doesn't — it might be the most useful thing you do for them this year.