Client Checkpoint: Are you Auto Investing?
Monday, January 23, 2012 at 12:30PM At the start of the new year, two common resolutions are to become more physically and fiscally fit. Central to success in both areas is discipline. I go to the gym everyday at the same time for a rigorous workout. While I welcome you to join me, I can't make exercise discipline easy for you! Fortunately, I can help clients establish long-term, investment discipline. It's simple, and it's called Automatic Investing.
How it Works
With Automatic Investing, you invest a specific amount of money in the Focus 20 and/or Fixed Income Portfolio each month from your checking or banking account. You decide the dollar amount and which day of the month to make the transaction. The money is automatically transfered (via electronics funds transfer) and invested.
Why Automatic Investing Helps You
At FCM, I focus on growing and preserving your funds. However, to optimize long-term growth, clients should continue to add to their accounts as they can. Auto investing ensures this discipline. It also prevents cash from building up and sitting idle in bank accounts.
Getting Started
Getting started is easy and economical. Folio does not charge additional fees for this service. Contact me to set-up your Automatic Investing program.
- Paul