We got a question this week at equitymates.com/contact from Kate about how often we should be investing. Is there an optimum? If you want to be investing regularly and dollar cost averaging into the market, but your brokerage cost is $10 each trade, should you literally be investing every week, or should you be saving it up?
We talk about the factors you need to be considering here: brokerage costs, expected stock market returns and the interest you earn on savings, and how these three things work together.
The Investing Frequency calculator is here: https://investcalc.github.io/
Our compound interest calculator is here: https://equitymates.com/compound-interest-calculator/
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In the spirit of reconciliation, Equity Mates Media and the hosts of Get Started Investing acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today.
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Get Started Investing is a product of Equity Mates Media.
This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives.
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