Consistent investing over 5, 10 or 20 years can make a big difference towards any investment goal. It's one of the simplest – and most powerful – investment strategies you can make to fund your future.
One decision, many potential benefits
This illustration represents the ending balance of a $50 continuous monthly investment over 5, 10 and 20 years. It assumes a 7% annualized rate of return and reinvestment of income. Taxes and expenses associated with the underlying investment are excluded.
You can invest as little as $50 per month, that's only $1.64 per day! That helps you spread out contributions throughout the year and is a realistic way to help you commit to your long-term goals.
There's no need to send a check or even go online once the plan is set up.
By ensuring steady contributions, automatic investing helps you stay committed to your long-term plan regardless of emotions created by financial news or short-term market volatility.
It's a share builder
You may have heard that successful investing is all about buying low and selling high. Because each purchase is a set amount, automatic investing allows you to buy more shares when prices are lower and fewer when they are higher. The idea is to reduce your average cost per share over time while building your shares.
Build Your Account on a Consistent Basis
Fund your future with an automatic investment, you decide you much to invest and when.