Periodic investing: A simple way to build wealth

Wealth accumulation is an important aspect of financial planning. Buro philip van den hurk is happy to help you achieve your goals, whether it's building a buffer, saving for retirement or realizing a dream home. In this blog post, we discuss a simple but effective way to build wealth: periodic investing.

What is periodic investing?

With periodic investing, you regularly invest a fixed amount in investment products, such as stocks or bonds. This can be monthly, quarterly or annually. So you do not invest a large amount at once, but spread your investment over time.

Benefits of periodic investing

Periodic investing has a number of advantages:

  • Spreading risk: By spreading out over time, you buy investments at different prices. This reduces the chance that you will lose a lot of money if the market suddenly drops.
  • Use of compound interest (interest-on-interest): The profit you make on your investments is reinvested. As a result, your assets grow faster.
  • Less trouble with emotions: Investing can be exciting. By investing periodically, you don't have to stress about the right entry point. You invest automatically, regardless of market conditions.
  • Investing small amounts: You can invest periodically as little as €50 per month.

How do you get started with periodic investing?

Want to get started with periodic investing? Then follow these steps:

  1. Determine your investment profile: How much risk are you willing to take? This depends on your age, your financial situation and your investment goal.
  2. Choose your investment products: A variety of investment products are available, including stocks, bonds and mutual funds.
  3. Open an investment account: Banks and brokers allow you to open an investment account.
  4. Set up an automatic transfer: Make sure you periodically transfer your deposits to your investment account.
  5. Monitor your investments: It is important to periodically monitor your investments and make adjustments as needed.

At buro philip van den hurk, we are ready to help you create an investment plan that fits your situation and goals. Contact us for a free consultation and find out how periodic investing can help you build your wealth.