Have you ever wondered how AI works?
AI, Automatic investing, is an investment program that allows you to contribute money to an investment account at regular intervals to be
invested in a pre-set strategy or portfolio.
Setting up the plan: You decide how much and how often to invest.
The recurring investments are then made for you.
Funding: The funding for your investments may come from places like your paycheck, checking account, or savings account, gifts, side hustles, you name it!
Strategy: The dollar-cost averaging method. When you plan regular contributions to your portfolio, you are less tempted to try to time the market with reactionary investment choices.
Review and Adjust: If your time horizon, risk tolerance, or goals change, you can easily review your plan and adjust as necessary.
AI is great. However, it’s important not to fall into the “set-it-and-forget-it” trap.
While automatic investing allows you to put much of your investing on autopilot, you should still periodically check in on your investing plan and adjust if necessary.
Have you tried out AI?
There’s nothing artificial about it, and that’s REAL intelligence!
If you need assistance let me know. I’m here to help!