Introducing the Dollar Cost Averaging (DCA) strategy, a widely used approach in investing. It involves consistent monthly investments of the same amount, irrespective of asset price fluctuations, typically in the US dollar. DCA aims for an average annual return of up to 5%. However, at Investment Mastery, we've taken it further with the Price Cost Average strategy, potentially delivering an average annual profit of 9%.
In the world of investing, one of the well-kept secrets to success lies in entrusting your capital to established companies with proven track records. It's not always about chasing the next big startup; it's about cultivating long-term wealth. Discover why these industry giants should be on your radar for a prosperous financial future.
Bitcoin and Ethereum have been the big crypto players for 15 years running. But the landscape is shifting as new and exciting cryptocurrencies emerge on the scene. Keep your eye on these 5 fresh cryptos that experts say have serious potential to shake up the crypto world in the long run!
A UNICEF survey reveals 83% of UK parents are struggling due to the cost of living crisis. Families are cutting back on essentials, feeling anxious and worried about their children's futures. Taking control of finances through education and investing offers a potential solution.
Top investing apps for beginners include Degiro, eToro, IG, Robinhood and E*TRADE. Key factors are low fees, asset variety, tools, customer service, security and ease of use. Thorough research is essential to find the right fit.
Inflation hit 40-year highs in 2022, driven by supply shortages and energy costs. Central banks hiked rates aggressively, impacting stocks and crypto. Investors should understand how inflation affects assets to navigate uncertainty.
Key factors in choosing an online broker include fees, tools, asset range, service, security and regulation. Top UK brokers include Interactive Brokers, IG, Degiro and Etoro. Research thoroughly for best fit.
Avoiding common investing mistakes starts with adopting a long-term mindset. Steer clear of panic selling, market timing and uncontrolled risk. Stay focused on your goals, diversify wisely and think in terms of decades, not days. Patience pays off for savvy investors playing the long game.