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2022-12-26

I do not have automatic investments plan yet.  However,  I plan to create automatic investment plan using Tiger's auto-investing function in the near future. The stocks and ETFs that I intend to auto-invest into include:

1.$Apple(AAPL)$ 

2.$Alphabet(GOOGL)$ 

3.$Amazon.com(AMZN)$ 

4.$SPDR Portfolio S&P 500 ETF(SPLG)$ 

Setting up automatic investments plan is a good way to get into dollar-cost averaging, which is a fancy way of saying that the shares I own will have had a variety of purchase prices because I bought them at different times. When shares are more expensive, I buy fewer of them. When they are cheaper, I buy more of them. Overall, this will push down the average cost of your shares.

I can easily set up automatic investments plan using Tiger's auto-investing function, so as to make it easier to stick to my plan. Not only is setting up automatic investments a way to simplify my life, it is just smart investment behavior in general. It removes the pressure to decide when to make each investment—sidestepping the possibility that I might be too indecisive to make any move at all.

@MillionaireTiger 

Modified in.2022-12-26
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