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Dollar / Pound Cost Averaging And the Number 72 - Investing Basics UK
Dollar / Pound Cost Averaging And the Number 72 - Investing Basics UK
Learning about what dollar cost or Pound cost averaging can do for your money when you invest, and the formula using the Number 72 to calculate the length of time for an investment to double will greatly help your investing career ahead.
This video breaks down these two important concepts to understand, the relative advantages and disadvantages and how you can use them both to find the investment route that suits your goals best.
If you would like to support my work and receive exclusive content, please check out my Patreon: https://www.patreon.com/jenniferkempson
If you enjoy this video, here are some others you might enjoy of a similar investing basics theme:
Mortgages UK Basics - https://youtu.be/886mUJBj4_c
Renting Vs Buying UK - https://youtu.be/0xCv7AA619U
😍How to Become A Millionaire at any age https://youtu.be/o0-dmSyv8x4
The Money Stacks System (that I use to budget and create financial freedom for our family) - https://youtu.be/Dukl-PzJriY
💵How to Open an Investment ISA (Stocks and Shares ISA) https://youtu.be/XWXL1WALUjQ
Intro to Investing ➡️https://youtu.be/jqIoPZbvyBw
Want to know your exact financial freedom number?
➡️https://youtu.be/A5nKWKKlbyQ
My products you might love:
AutoPilot Money System for all your budget, financial freedom calculations, debt repayment system, Net worth calculator, Sinking funds and Investment Tracker
http://bit.ly/goalsspreadsheet
MY BOOK - The Master Money Blueprint available on Paperback and Kindle - https://amzn.to/2IThc9w
The only step by step course that shows you how to design a Budget that allows for financial freedom and also creating the life you want. Check out my
BUDGET SUCCESS BOOTCAMP Mini-Course here // http://bit.ly/BudgetSuccessBootcamp
Equipment I use for my videos:
Camera - https://amzn.to/2ZqMRYx
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Laptop - https://amzn.to/2MwEHHa running Final Cut Pro X
You can find our FAMILY VLOG CHANNEL AT:
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Where else to find me:
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DISCLAIMER - Any advice given in on my channel and videos is for information purposes only, and does not act as financial advice. Your financial decisions are your full responsibility, and if you are in any doubt, please contact a Finance adviser before undertaking any investment with your money or change to your financial activities.
TAGS : #financialknowledge #learntoinvest #moneytips
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