Invest regularly without having to think about it
Automatic investing can help you streamline your financial decision-making and put good money habits on autopilot.
March 25, 2021
If you’re looking to grow your money, one strategy that can help you succeed is automatic investing.
Automatic investing transfers money from your bank account on a regular basis to make investing easy. You simply choose when, where, and how much to invest, and the rest of the work is done for you.
With Plynk, you can automatically invest your money in a stock, mutual fund, or exchange-traded fund (ETF). By investing consistently, you’re putting good financial habits on autopilot and eliminating the chore of transferring money and remembering to make new investments. That's one thing you can take off your to-do list!
If you have a retirement savings plan through your employer, such as a 401(k) or a 403(b), you may already be familiar with this concept. Setting up recurring investments within your Plynk account (although different than a retirement account) uses the same easy approach and gives your money the potential to grow faster over time in the investments of your choice.