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The Investment You Need (But Probably Don’t Have)
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The Investment You Need (But Probably Don’t Have)

  • September 8, 2025
  • Money Tips
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It took a sucker punch in the street for me to see this but hopefully you will just need this video. Lifesearch (the company I used): …

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44 comments
  1. @JoeeyTheeKangaroo says:
    September 8, 2025 at 4:08 pm

    Damo didn't get punched in the face, he got a lip filler and a bbl.

    Reply
  2. @shahpurpatell9120 says:
    September 8, 2025 at 4:08 pm

    Thanks

    Reply
  3. @GT-tj1qg says:
    September 8, 2025 at 4:08 pm

    Bro, that guy hit you so hard. I can't believe how good you look now!

    Reply
  4. @MariskaHargitay-q6i says:
    September 8, 2025 at 4:08 pm

    I thought I had trading figured out as well, watched YouTube, followed signals, lost money, until I came across a professional who is consistent, now I don't just take random trades, I move with strategy, clarity, and purpose. My portfolio has seen consistent ›growth, and more importantly, I finally feel like I know what l'm doing.

    Reply
  5. @Liverlangley says:
    September 8, 2025 at 4:08 pm

    This is absolutely spot on. Thank you!

    Reply
  6. @Tania-r7f says:
    September 8, 2025 at 4:08 pm

    Amazing that's US 😍

    Reply
  7. @Nathan.M5 says:
    September 8, 2025 at 4:08 pm

    I had personal injury insurance to cover me whilst I was in the Army and was medically diacharged with hearing loss. Tried to claim and was told that I wasn't deaf enough and needed to be low a certain threshold on all frequencies. I complete con, but because it was in the policy particulars and is common with insurers. My career is finished, my life is ruined and now its back to reality of civi street.

    Reply
  8. @NoNonsenseJohnson says:
    September 8, 2025 at 4:08 pm

    Please do self defence classes Damien. Boxing and Muay Thai ideally 🤝🏽👊🏽👊🏽👊🏽👊🏽👊🏽

    Reply
  9. @eviehughes2571 says:
    September 8, 2025 at 4:08 pm

    Income protection should be essential for everyone. My husband (boyfriend at the time) got a horrific viral infection less than a year after graduation at 24years old. He never recovered and for the last 5 years has been bed bound with severe ME. Took us years to fight for a measly £400/m in disability benefits. Our lives will never be the same. If we gad got income protection when we graduated we would have been so much more financially stable, and the lack of financial stress maybe would have let him recover a little bit. You never think you'll have to stop working until you do. Get income protection.

    Reply
  10. @hbuk24601 says:
    September 8, 2025 at 4:08 pm

    We took out life cover with critical illness when we first bought a house in early 2000s. It was lifetime and it was index linked. Unfortunately by the time we got to our late 30s the index linking to inflation priced us out of the policy 😔 apparently they don’t really offer these kinds of policies much now? It was because we were made to have a medical at some point along the way and my partner’s blood tests weren’t amazing (we had just returned from a two week holiday in US!). And they used it against him so hiked the price! So eventually the insurance cost him about three times as much!!! Which we couldn’t afford.

    In the end we changed it to a different provider with an IFA, to a time limited insurance. Which is a shame as we gave up a very good one that was for life. I remember the IFA telling us don’t worry about over insuring as your mortgage is almost paid off (our late 30s at the time). I insisted on not following that advice because how did he know we weren’t going to remortgage or purchase a bigger house at some point? I was then expecting a child as well. And I was right, because a few years later we did remortgage to have an extension…and so at least it covers the new mortgage. Because getting more cover once you’re in your 40s would be so much more expensive.

    He also tried to make the premiums cheaper for us by getting us to have a shorter term of cover. I insisted it’s later and again I was right because our remortgage term is quite long!

    So yeah, don’t just go for what’s cheapest.

    Reply
  11. @battj1 says:
    September 8, 2025 at 4:08 pm

    Absolutely legend…I’ve been meaning to get this sorted for ages. I listened your podcast with Naomi ages ago and have been meaning to go back through and find her info. Now I’ve got it from this video, I’ll give her a shout this week 👍. Watch all your stuff…keep up the good work!

    Reply
  12. @faticokaj7104 says:
    September 8, 2025 at 4:08 pm

    Thank you.

    Reply
  13. @WillCodeForFood.1905 says:
    September 8, 2025 at 4:08 pm

    Unfortunately income protection or critical illness covers are crazy expensive.

    Reply
  14. @richardhuggins4334 says:
    September 8, 2025 at 4:08 pm

    Hi Damo I am thinking of using some of my Vanguard life strategy equity fund and swapping it for an FTSE 100 or 250 fund for my stocks and shares ISA allocation. Would you be able to do a video on which ftse funds suitable for isa transfers would be a good option for the moment? many thanks in advance Richard

    Reply
  15. @icarus1990 says:
    September 8, 2025 at 4:08 pm

    Damien, genuinely, thank you so much for the effort you go to to making these videos – I came across your channel about a year ago and it completely changed my outlook on how I managed my money (which looking back was pretty atrociously!) – you have a rare gift of explaining what I'd imagine some people consider quite a boring subject in an engaging and thought provoking way – keep them coming!

    Reply
  16. @hollycumming says:
    September 8, 2025 at 4:08 pm

    hahahah I almost spat my tea out at 0:15 seconds in – you got to the likelihood of me dying so fast 🤣

    Reply
  17. @AstroZombie1138 says:
    September 8, 2025 at 4:08 pm

    Life insurance is not for me

    Reply
  18. @MarcOwenBanks says:
    September 8, 2025 at 4:08 pm

    Just checking if you are outreaching to comments by inviting to connect on googlechat. This seems rather a unique approach, so before responding, some confirmation would be cool.

    Reply
  19. @bigjuleha says:
    September 8, 2025 at 4:08 pm

    Obviously it's crypto….You definitely need it but don't have it😂. I have made $320k so far these past few days just by investing with bitcoin and Solana. Life is good ❤

    Reply
  20. @thehairyvlogger9673 says:
    September 8, 2025 at 4:08 pm

    Hi Damo,

    Could you do a video on something to do with property alongside investing? Perhaps returns of property investing vs stock market, pros and cons of each. Maybe even do a video on house deposits and whether it would be better to use a smaller deposit and leave the rest in the stock market. Something along those lines!

    Reply
  21. @natina1957 says:
    September 8, 2025 at 4:08 pm

    Thank you for featuring David C Haehnel in one of your videos. I took your advice and contacted him for investment opportunities, and the results have been incredible. Started with slightly less than $40k, and now I've paid off my $529k 12 years loan in 16 months. Now totally debt free with 2 paid off rentals.*
    I know that doesn't SOUND like a lot, but I'm incredibly proud of it. Now I'm fast-tracking my wealth building (investing $150,000 annually) and don't owe a dime to anyone. It's a good feeling!
    *Thank you David Haehnel!

    Reply
  22. @FUBAR733 says:
    September 8, 2025 at 4:08 pm

    Thanks for the video. Very useful.

    Reply
  23. @extinctionchannel1493 says:
    September 8, 2025 at 4:08 pm

    Would you research for us which companies you recomand? P.s. I am really sorry about your experience.

    Reply
  24. @BrianCarter-i8n says:
    September 8, 2025 at 4:08 pm

    amazing!

    Reply
  25. @henriebillz785 says:
    September 8, 2025 at 4:08 pm

    You are such a legend bro

    Reply
  26. @richardmccaffery463 says:
    September 8, 2025 at 4:08 pm

    Another great video Damien. It’s a bit of a coincidence because I have been recently wondering about life insurance so your timing is on point.
    Thankyou for breaking it all down, it’s really helpful because you can be sure your average person will start looking, see all the different options, get confused and give up. (Me).
    You’ve made it clear what people should look at and who they should speak to. Thanks

    Reply
  27. @miyoy21 says:
    September 8, 2025 at 4:08 pm

    My wife is an insurance broker…the stories I heard about young people getting cancer are quite sad. Getting insurance really helps your family. Its one less factor to worry about.

    Also the stories of people not being able to get insurance because it is too late is worse. When a person is applying for insurance but finds out that they have cancer the next week (before they get insurance) it is just depressing

    Get covered while you are young. Its cheaper when you are healthy and young.

    Reply
  28. @JS-cu8bz says:
    September 8, 2025 at 4:08 pm

    That looks like a quality heavy t-shirt.

    Reply
  29. @MongooseTacticool says:
    September 8, 2025 at 4:08 pm

    My dad died of cancer aged 57. No life insurance, so my sister and I had to remortgage his house and continue to pay it while we lived there, eventually selling. I have descending life cover on my mortgage now. It's not very much per month.

    Reply
  30. @rinnin says:
    September 8, 2025 at 4:08 pm

    That calculator seems a bit dodgy. Only takes 4 variables: your age, gender, smoker status and retirement age and on that info alone gives your chances. No questions on the area you're living in, health status, parental health history, diet, exercise levels, education level, marital status etc etc. I call BS to be honest! Jokes on them though – no dependents, no need for life insurance 😉

    Reply
  31. @JimboJimbo-i4i says:
    September 8, 2025 at 4:08 pm

    Your father looks exactly like you it’s scary

    Reply
  32. @SetupforSuccessbyTraceyAnsah says:
    September 8, 2025 at 4:08 pm

    Hi Damion, another great video 🎉 My husband is an expert on Trusts. I’m sure he would be happy to help you with this content https://youtube.com/@oncewillsandtrusts?si=9JFPIK54U1g-nlFr

    Reply
  33. @FlintSafety says:
    September 8, 2025 at 4:08 pm

    Thanks Damien! Definitely a worthwhile video to do. If insurance is paid through a limited company does the payout go to the company or the individual and then how is this treated for tax purposes?

    Reply
  34. @UKGeezer says:
    September 8, 2025 at 4:08 pm

    I have critical illness insurance through work but probably should also get some get income protection as well, I had it years ago and it was a life saver when I needed it after losing my job. The only thing that put me off getting it again was that I had to sign on the doll to receive the payments and having to face those soulless, patronising people at the job centre again was too much. I don't need life insurance aa I have no dependents.

    Reply
  35. @TheLittleEconomist says:
    September 8, 2025 at 4:08 pm

    I was diagnosed with Parkinson’s disease 3 years ago at 55 expecting to work until I was at least 75. I was very fit and healthy doing all the right things so never thought something like this could happen to me. I still manage quite well but am unlikely to continue working full time to retirement, let alone 75.
    I wish more people took out income protection or critical illness. I wish I had. Before you ask I lived my and travelled a lot when younger so don’t have a lot of savings. And no, I wouldn’t change that because we never know what’s going to happen. But I’m not sure many people in their 50s would pay £65pcm for cover

    Reply
  36. @misteryreviewer1426 says:
    September 8, 2025 at 4:09 pm

    I'm insured at work, if I die while I'm employed my fam gets a lump sum

    Reply
  37. @SorbetandCo says:
    September 8, 2025 at 4:09 pm

    I’ve always been told whole life insurance is a scam… I hope you’ve done research here

    Reply
  38. @johnnywilliamson6548 says:
    September 8, 2025 at 4:09 pm

    Damo please can you do a video on RACHEL thevs gambling with hower pensions! My work place pensions as one of the 17 companies who wants to gambling with RACHEL pensions growth! Should I now leave my work place pension and put it in to my private pension instead ?

    Reply
  39. @Chrissylandy says:
    September 8, 2025 at 4:09 pm

    @damien – you’ve never covered Peer to Peer loans/lending to my knowledge.. Would be great to hear your thoughts on it!

    Reply
  40. @Hazul21 says:
    September 8, 2025 at 4:09 pm

    Start investing in stocks/bitcoin. Eat healthy and try to get exercise. Old you will thank you.

    Reply
  41. @robertmillings282 says:
    September 8, 2025 at 4:09 pm

    Thanks for this one, Very good information, not a talk you wanna have but even more important to do so

    Reply
  42. @bighare4205 says:
    September 8, 2025 at 4:09 pm

    Great comprehensive and clear explanation of something I have wondered about but never been able to figure out. Thx Damo. You are at your best in this one.

    Reply
  43. @samurasaverinjapan says:
    September 8, 2025 at 4:09 pm

    Blindness, and partial sight loss is something that is too vague. Just remember, the Big Print GIVETH and the SMALL PRINT TAKETH AWAY. Salesmen will always point to the large print first, but never point to the small print.

    Reply
  44. @Watcher-ts3ql says:
    September 8, 2025 at 4:09 pm

    Insurance doesn‘t save you. It‘s a scam.

    Reply

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