Pound Cost Averaging
Discussion
PH'ers advise please.
I currently drip feed monthly sums into various funds (4 funds @ say £150 each). Further to this I have a annual bond maturing this summer (£4k). This will be transferred across to Fundsmith, however unsure if to do so in one lump, or split it down over a couple of months? This investment will be in for the long haul.
Thoughts?
Thanks,
Dan
I currently drip feed monthly sums into various funds (4 funds @ say £150 each). Further to this I have a annual bond maturing this summer (£4k). This will be transferred across to Fundsmith, however unsure if to do so in one lump, or split it down over a couple of months? This investment will be in for the long haul.
Thoughts?
Thanks,
Dan
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