How to Invest with Monzo Investments - A Review

The UK Mobile Banking App Monzo just launched a new Investments product - Monzo Investments. It offers their customers an easy way to invest their money into shares and/or bonds via a choice of 3 different funds (with varying levels of risk//return profile).

In this video, I walk through the key things to know. What are shares? What are bonds? What are funds and what are the 3 that Monzo are offering? How do the fees and costs compare to other providers?

Overall, this new product offering has a really simple, clean UI, which is what we’ve come to expect from Monzo.

It is clearly designed with new or beginner investors in mind, as the functionality is minimal - helping to keep it easy to understand. They also provide some intro to investing guidance, broken down in the style of Instagram Stories, which is a nice touch.

In terms of fees, this isn’t the cheapest offering in the market, but it’s not the most expensive either. For those that are new to investing though, the simplicity and ease of using the app potentially outweighs the benefits of getting cheaper fees elsewhere.

🎉 Join Monzo using my referral link and we both get £5.00: https://join.monzo.com/c/2hvcrmr 🎉

#Monzo #Investing #investments

▬▬▬▬▬▬▬▬▬▬ Useful Links Mentioned ▬▬▬▬▬▬▬▬▬▬
Monzo Community on Monzo Investments: https://community.monzo.com/t/today-w...
Which! Comparison of Fees: https://www.which.co.uk/news/article/...
Careful Fund KID: https://monzo.com/legal/files/investm...
Balanced Fund KID: https://monzo.com/legal/files/investm...
Adventurous Fund KID: https://monzo.com/legal/files/investm...

▬▬▬▬▬▬▬▬▬▬ Timestamps ▬▬▬▬▬▬▬▬▬▬
00:00 What is Monzo Investments
01:28 The 3 Investment Funds
02:19 Why Only 3 Funds?
03:38 S&S / GIA
04:20 The UI
07:03 Fees & Costs
09:59 Carbon Intensity
12:19 Conclusion

▬▬▬▬▬▬▬▬▬▬ Follow me ▬▬▬▬▬▬▬▬▬▬
📺 Youtube: https://www.youtube.com/liamgower?sub...
📚 Blog: https://www.liamgower.com/
✨ Instagram:   / leejghd  
🐦 X / Twitter:   / liamjgower