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What the "correction" means for us newbies

tel_ · 2018-10-13 14:12:49

I've only just started to invest in a S&S ISA for the very first time - since the beginning of August this year, drip-feeding 1k a month. I am in it for the long-haul (10yrs), but have been moderately concerned by this so-called "correction" or uncertain period we are in. The money I've drip-fed thus far has returned me a…

Comments

Alexland Posts: 10,183 Forumite

20 October 2018 at 9:15AM

masonic wrote: »

In any case, many people have their income drip-fed to them, so in that case drip feeding gets the money invested sooner than saving up a lump sum and gives drip feeding the advantage.

Yes I have sometimes reflected how much better it would be if my employer paid me for my career upfront. Still - imagine the tax position!

Alex

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