Investment Advice
There are a lot of options out there for investing your money. Our qualified Financial Planners are equipped with all the latest knowledge to suit your situation.
For times like now, dollar-cost averaging is one way to weather storm and reduce timing risk.
Dollar-cost averaging (DCA) is an investment strategy in which an investor divides up the total amount to be invested across periodic purchases of a target asset in an effort to reduce the impact of volatility on the overall purchase. The purchases occur regardless of the asset's price and at regular intervals; in effect, this strategy removes much of the detailed work of attempting to time the market in order to make purchases of equities at the best prices.
Contact Mulcahy & Co Financial Planning to help determine what would be the best strategy (what to buy and when to buy), investment account (direct shares, managed funds, exchange trader funds etc) and structure (individual, joint ownership, trust, super etc) to assist in growing your wealth.
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