Today’s email is sponsored by Global X

What we’re chatting about this week…

How often should I be investing?

One of our listeners asked us if there an ideal frequency for dollar cost averaging into the market. So this week we consider all the factors. For example, if you’re paid fortnightly, and also factoring in brokerage fees, is it best to put money in every time you’re paid, or save it to go monthly?

Bryce and Alec talk about how to think about all the aspects that you should consider - expected stock market returns and the interest you could earn on your savings account.

The good news is, there’s an investment calculator to help you. The guys work through a couple of worked examples as well. Got a question? Ask us at equitymates.com. 

Maddy and Sophie from You’re In Good Company are answering the questions you put to them today! After talking to so many founders, and sharing their journey last week - they asked you what questions you wanted them to answer.

From It’s a really honest and vulnerable chat. We hope you love it!

The 7 habits of successful investors

We believe everyone can invest, but it doesn’t mean it’s not tricky to get the hang of it. Here’s 7 habits we know successful investors cultivate!

1. Set a goal and create a plan! It doesn’t have to be something huge like… I want to be a millionaire in the next financial year. But something achievable - $50 a fortnight, or $10 a week - will give you a sense of accomplishment.

2. Practice Patience. Equity Mates is all about long-term investing. The stock market can be volatile at first, and you might be thrown by fluctuations. But keep your eye on the long-game, keep calm, and hold on for the long term!

3. Diversification. Just like eating the same meal for the rest of our lives would be boring (no judgement if you do…) spreading your investment exposure across a range of different asset classes will bring balance to your portfolio. (It took Bryce a while to figure this out, so don’t feel too bad.)

4. Keep those emotions in check. This goes hand-in-hand with practising patience. If you have a plan, and make investing decisions based on a well-thought out thesis, don’t second-guess yourself! You’ve got this!

5. Stay informed. We do not advise checking your stocks everyday! But part of being an investor is staying across your thesis - so continue to be curious, ask questions, and listen to podcasts!