How I Invest in the Stock Market Series B – Dollar Cost Averaging

Dear Daughter, I recently received some questions on the term Dollar Cost Averaging (DCA) -what it really means & why DCA when investing. Taken the opportunity explaining this as much as I can in this post. I hope you find it useful. For the purposes of this post, please change the currency to your localContinue reading “How I Invest in the Stock Market Series B – Dollar Cost Averaging”

How I Invest in the Stock Market Series B

In this section of the Wealth Building Series, I speak about the basics of investing and what I do. As usual, this blog has been set up to teach my future daughter the ways of the UK personal finance scene. Dear daughter, you will be right to check that all information is current. This isContinue reading “How I Invest in the Stock Market Series B”

How I Invest in the Stock Market – Part 3

SIPPs (Self Invested Personal Pensions) These are also retirement savings account. Most employers will not contribute to a SIPP and especially if they have a company pension available to employees. The SIPP is best placed for self-employed individuals or those on temporary contracts who have no recourse to a company-based pensions. That said, individuals withContinue reading “How I Invest in the Stock Market – Part 3”

How I Invest in the Stock Market Series A – Part 2

ISA The ISA is post-tax savings account. This means contributions into the account are made by the individual through after-tax earnings. Any withdrawals from the account are made tax free. Current allowance for the 2019/2020 financial year is £20k p.a. the £20k p.a. is total sum over all ISA products including stocks and shares ISAs,Continue reading “How I Invest in the Stock Market Series A – Part 2”

How I Invest in the Stock Market Series A – Part 1

Employer/Workplace Pensions During my 13 year stay in the UK, all my employers have offered a work place pension of some sort. On my first job in the UK, I remember my friend asking me to contribute to a pension but my uneducated mind at the time, could not comprehend. As far as I wasContinue reading “How I Invest in the Stock Market Series A – Part 1”