{"id":7151,"date":"2023-11-24T11:41:22","date_gmt":"2023-11-24T03:41:22","guid":{"rendered":"https:\/\/www.investagrams.com\/daily\/?p=7151"},"modified":"2023-11-30T21:20:44","modified_gmt":"2023-11-30T13:20:44","slug":"how-to-automate-your-investments","status":"publish","type":"post","link":"https:\/\/www.investagrams.com\/daily\/2023\/11\/how-to-automate-your-investments\/","title":{"rendered":"How to Automate Your Investments"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Auto-investing is a simple and effective way to grow your wealth over time. It is a strategy that involves setting up regular and automatic contributions to an investment account. We all know that continuously investing will let you take advantage of compound interest. However, actually doing so is what often hinders people. Through auto-investing, you can take the friction away!<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Auto-Investing in the Investa Platform<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">If you\u2019re an existing Investa user, you can take full advantage of our auto-invest feature. On the platform, you can find it on the left side of the webpage:\u00a0<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-us.googleusercontent.com\/EheJ6OUcNb_H0cgdfXqtdjByJDoV4YDSuTJ3VoOSZ5Ji0gbpPYDxBRrBerCG6Zk7hEGu_ofnj8dew8DW9DplzXTswgzX2rtl9fq8CqwAPv1y5aYnt1UbXyxeXdfqj4lFpIvTNIR9BIg5gT9f6TJZQBY\" alt=\"\"\/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Step 1<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">You will have different frequencies to choose from. You can either invest weekly, monthly, or semi-monthly.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-us.googleusercontent.com\/eQuq9JZ7mdkEV9ZAd0B6-goNEaHSn4cAyyJI-AkOPViIKKnsgmkxyy3UnYf_6YfO-4AZrz8TgGWA-OcdAvy-zRGRENJ9_J2VzWHNnDuMEeHL9Kr7UQDNq9g4uWzpMoJp1sva_-BTDYF3E02bI5dICCA\" alt=\"\"\/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Step 2<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Afterwards, you\u2019ll have to pick the fund you want to invest in. As always, make sure to do your own research before choosing a fund.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-us.googleusercontent.com\/TYPfzx_DjZS9pAoUhQRsYIbXG2D4YT1PCEs1uscGXcUIOoQMZBnzHUoLZeS0HfX7amUm-3WzQIufHIyjldMD1kZN-WHlYwkyyd0VqgEePieGO3ImaA7KJH1OpJXaT8SF7gOe8TknlQAykN6b0K9Jnh4\" alt=\"\"\/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Step 3<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Of course, you also have to indicate the amount you want to invest per month.<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-us.googleusercontent.com\/Uw9uKrTABjhdx2GGqhrH2DOr2tllLgraBKbsG9wx-oCkDGyFqWprl2kSeq5veg11IZMhG3L1vop4e3QWY2VvLdtjER2fIGK7k43TKxeE5w51PUGbJtDqRrLkUyx8SbLj2bq41TUCWMyKiP8QYvF039E\" alt=\"\"\/><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Step 4<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Next, link your bank account:<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-us.googleusercontent.com\/sKA6A3OEKUdhJQwVRvvNU_NoHWZTFR36aT6CJuJBNOBe3bycdMdjh0Kwx6GsfIo6-ni9ZW-7WzCG7QupDrrgaCOXiCE1C0xUrIquhmL689uMp9bbfp1kmxz52pAbV2QGnKp3tB1ueXHHaYXRDYmIWpg\" alt=\"\"\/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Once completed, something like this will show up on your auto-invest page:<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-us.googleusercontent.com\/WIlUE8oC8MG1DN_ozfGkJhit8yFtYgcR6IrjYfW2N0Jcv74Z6znay2ZvcdpSujc3NSG_-mUAACi6WBB2gGzJAn8rIZhL4ZvZ759soMCdzVlIfbWsbMbte7jc_o1x5c-Xrqb3bOlL9SXhj4-wHvGF1rE\" alt=\"\"\/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Take note that you will have to agree to an Auto Debit Arrangement (ADA). A prompt will show-up asking you to fill-up a form which you will have to submit to your bank of choice. Afterwards, you should be good to go! Just make sure the bank account you linked will have the necessary funds available during the intervals you\u2019ve set.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Is this worth the time and effort?<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">It definitely is! As mentioned, everyone knows the benefits of regularly investing. However, many often forget to do so consistently &#8211; so why not use technology to your advantage? By using auto-investing features, all you\u2019d have to worry about is making sure there\u2019s money set aside, and the Investa platform will take care of the rest!<\/p>\n<div style=\"margin-top: 0px; margin-bottom: 0px;\" class=\"sharethis-inline-reaction-buttons\" ><\/div><div style=\"margin-top: 30px; margin-bottom: 50px;\" class=\"sharethis-inline-share-buttons\" ><\/div><span class=\"et_bloom_bottom_trigger\"><\/span>","protected":false},"excerpt":{"rendered":"<p>Auto-investing is a simple and effective way to grow your wealth over time. It is a strategy that involves setting up regular and automatic contributions to an investment account. We all know that continuously investing will let you take advantage of compound interest. However, actually doing so is what often hinders people. Through auto-investing, you [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":7140,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"cybocfi_hide_featured_image":"","footnotes":""},"categories":[34],"tags":[44],"class_list":["post-7151","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-posts","tag-investing"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.investagrams.com\/daily\/wp-json\/wp\/v2\/posts\/7151","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investagrams.com\/daily\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investagrams.com\/daily\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investagrams.com\/daily\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investagrams.com\/daily\/wp-json\/wp\/v2\/comments?post=7151"}],"version-history":[{"count":2,"href":"https:\/\/www.investagrams.com\/daily\/wp-json\/wp\/v2\/posts\/7151\/revisions"}],"predecessor-version":[{"id":7153,"href":"https:\/\/www.investagrams.com\/daily\/wp-json\/wp\/v2\/posts\/7151\/revisions\/7153"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.investagrams.com\/daily\/wp-json\/wp\/v2\/media\/7140"}],"wp:attachment":[{"href":"https:\/\/www.investagrams.com\/daily\/wp-json\/wp\/v2\/media?parent=7151"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investagrams.com\/daily\/wp-json\/wp\/v2\/categories?post=7151"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investagrams.com\/daily\/wp-json\/wp\/v2\/tags?post=7151"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}