At MYTHEO, we always encourage investors to invest regularly because we believe that an investment needs time to grow. So, the longer your money is invested, the higher your chances of reaching your goals.
Investing the same amount on a regular basis is called "dollar cost averaging" and is a popular investing technique.
By investing the same amount regularly, regardless of whether the market is high or low, you can reduce the risk of investing too much when the market is expensive. If you continue to invest fixed amounts at regular intervals, over time, your purchase prices will be averaged out. Also, by setting up an automatic bank payment on a fixed date each month, you can invest for the long term without being influenced by short-term market fluctuations.
By registering with MYTHEO’s Regular Savings Plan which is an automated standing instruction, you are committing a fixed amount of money to invest, on a regular basis (e.g. the 28th of every month). It removes the hassle for you to remember and perform the fund transfer yourself monthly.
