Dan Malone
๐ค SpeakerAppearances Over Time
Podcast Appearances
you'll see the current price of the share.
You can click buy.
And then, as we said earlier, a lot of the trading apps, including T2 and 2, allow you to invest specific Euro amounts.
So that's fractional share investing.
You don't have to have the full price of one share.
So if you have...
20 quid exactly that you want to invest, you can pull the trigger and invest 20 quid.
Now, a lot of them will have options for recurring or automating investments.
Sometimes it's called a savings plan where it will say, you know, I want to buy extra shares or I want to buy X euro worth of this ETF every month.
And you can do that.
You can set it up.
And what's really cool is you can take advantage of a lot of the great neobank functionality that like Revolut and Monzo and Bunk have where
They have a functionality called income sorters where when you receive your salary into your neobank, the bank will recognize that it's coming from your salary.
And then you can split that income out into lots of different pots.
And one of those pots could be, let's say, your investment fund.
And then you could set up a standing order from that specific pot or account.
bounce it into your into your investing account and then the investing account will take that money because you've given it an automated instruction and it will invest that money so you literally remove the emotional physical manual human process of investing which is exactly what you should be doing because once this is set up the best thing you can do is never open that up again leave it alone
Yeah, I think it would be a mistake to think that, like, you know, you're going to invest...
10 quid every so often and it's going to make a huge difference in your life.
It really isn't.