Article: Rand cost averaging smooths out market bumps.(Business Report)

BYLINE: DI TURPIN

Rand cost averaging is a wealth building strategy that involves investing a fixed amount at regular intervals over a long period.

When it comes to implementing investment strategies based on rand cost averaging, there may be no better investment vehicle than a collective investment such as a unit trust or an exchange-traded fund – the structure of these funds almost seems to have been designed with rand cost averaging in mind.

It involves investing a fixed amount at predetermined intervals. The easiest way of doing this is to set up a bank debit order timed to coincide with your salary. This means that you put saving at the front of the ...

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