Water your garden.

When I discuss regular investing with clients who are accumulating assets for their retirement, I spend a fair amount of time explaining the benefits of (DCA) dollar cost-averaging. I relate this strategy to looking after your garden. Now I am not much of a green thumb, but I do know if you continually mulch and pull out your weeds and top up soil and water and use some organic composts and the chances are, you will have a tip top back yard.

If you have an accumulation plan to eventually have enough for retirement, there is no use buying a lump sum of shares and not contributing regularly to this plan. You become disengaged and resentful if you don’t see the results that you thought you would get.

Your investment plan should always link back to your financial goals because without a plan, why are you investing?

The button below will link you to an article from Vanguard who we entrust with much of our clients wealth. Have a read and if you have any questions, please don’t hesitate to get in contact.