Pound cost averaging | MoneyTalk
MoneyTalk tells you what you need to know to manage your investments better.
In this clip Emma-Lou Montgomery explains the benefits of pound cost averaging.
The value of investments and the income from them can go down as well as up, so you may not get back what you invest. If you invest in an ISA or pension there is no capital gains tax on growth and no income tax on interest. The value of tax savings and eligibility to invest in an ISA or self-invested personal pension (SIPP) depend on personal circumstances. All tax rules may change in future. With pension products you will not be able to withdraw your money until you reach age 55. If you redeem ISA holdings, you cannot reuse that ISA allowance. This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to an authorised financial adviser.