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My monthly saving plan
Comments
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Read up about Pound Cost Averaging. Where falls int he market help you early in your investment years. AS even though already invested money drops, your monthly contribution will buy MORE shares/units. So will boost long term performance during short term volatility.
then also google Moneyvator compound returns
These (and other articles at moneyvator) will help you understand and bee less anxious.
the biggest thing to remember is, diversify. So in your case a global tracker or lifestyle fund would be best.
And not to panic during market corrections. However bad it is, it always gets better eventually
So you only make sure of a loss if you sell in a panic. 0 -
Super - thanks atush, that's really helpful advice0
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