When starting out in investing, you can be faced with the decision 'Do I invest all of my money now?'.
No one knows what the market is going to do and no one can pick when the bottom of the market is going to be. The best thing to do is to make multiple regular payments. The Fool UK has a good explanation of why this works here.
This is of particular relevance to those who have chosen to take a contributions holiday and pay $1,040 per year in order to receive the matching government 'tax credit' of $1,040.
With the scheme that I am currently on, I had to make an initial $1,000 contribution and so I haven't been able to stagger my payments. However come next year I will be making smaller and more frequent payments.
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