What is pound cost averaging?
Pound Cost Averaging is the concept of making regular contributions to your investments in order to smooth out market volatility.
Pound cost averaging is the regular drip-feeding of more modest amounts of money into one or more investment markets. The ‘averaging’ term comes from the fact that you are committed to buying shares or investing in property or pension funds, at whatever price the market is currently at.
More security…less risk as you are not committing your lump sum.
Book an appointment to discuss the pros and cons of Pound Cost Averaging with us.