Investing can be confusing with all the different options out there. But don’t worry! This article will explain 3 popular strategies to help you pick the right one for you. These strategies consider how much risk you’re comfortable with and what you’re hoping to achieve with your investments. Let’s break down Value Averaging, Dollar-Cost Averaging, […]
Enhanced Dollar Cost Averaging (EDCA) To recap: EDCA is like a turbocharged version of regular investing (DCA). Instead of investing the same amount every time, EDCA changes the amount based on how the market’s doing. When the market dips, you invest more; when it’s high, you invest less. The trick to EDCA is figuring out […]
The world of finance can be intimidating, filled with jargon and seemingly risky options. But what if there was a way to build wealth steadily and securely over time? Enter long-term investing – a powerful strategy for anyone, regardless of investment experience. Long-Term Investing: Level Up Your Money Game Forget get-rich-quick schemes, investing for the […]
One of the fundamental principles for achieve early retirement is to increase your savings rate. One of the popular measure of your savings rate is the percentage of your income that you save rather than spend. It’s a crucial metric not only to achieve early retirement, but also to achieve other financial goals like buying […]
MasterYourMoneySmart
MasterYourMoneySmart