Hello, total noob here who's been in a fairly bad way financially for a while. Getting on top of debt now and building up the rainday fund to the point I'd like to start siphoning off a small amount of the money I'm saving to invest. Currently using Plum, which is nice for helping me save. Path of least resistance seems to be to set up a "pocket" to invest with there, and let it do it's thing? Any strong recommendations for anything else (gold or similar?) or strong recommendations against using Plum? I keep half an eye on the thread but it goes over my head pretty quickly.
Liked the "time in market > timing the market" thing. Had a play with pocket money and btc trying to time things and holding would have done better.
Sounds good. Seems easy to overcomplicate it.
Also just found a monthly saver account at the bank with like 5% interest for the year so should jump on that
Hello, total noob here who's been in a fairly bad way financially for a while. Getting on top of debt now and building up the rainday fund to the point I'd like to start siphoning off a small amount of the money I'm saving to invest. Currently using Plum, which is nice for helping me save. Path of least resistance seems to be to set up a "pocket" to invest with there, and let it do it's thing? Any strong recommendations for anything else (gold or similar?) or strong recommendations against using Plum? I keep half an eye on the thread but it goes over my head pretty quickly.
Liked the "time in market > timing the market" thing. Had a play with pocket money and btc trying to time things and holding would have done better.