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Emma Selby *Flexspace Operator* posted an update
Following the chat we had at BiZHUB Monday the other day on the effects of the US turmoil on Uk business, I have noticed that the dollar is very weak against the pound which is excellent if like us you are preparing to invest in US software! We bought a subscription today for around $400 that became £297! Also, good news, we are thinking of investing in our app software sooner rather than later now as its $2000 to get started. Currently just £1400. Anyone else got a big ticket SAAS on their shopping list?
Gareth Turner and Chris Brooker3 Comments-
With all the turmoil globally right now, some people also may be worried about their investments. Here is a graph that I use a lot to explain not only the benefits of investing over the longer term, but also the power of regularly investing as prices drop.
The term of an investment is key. The longer the term the more you can ride the highs and lows regardless of political or economic events.
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@arbrook Time in the market beats timing the market… DCA helps flatten any spikes too. Having a “compounding engine” is key to winning over the longer term. Useful stuff, thanks.
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@arbrook what about if you are already the grand old age of 55 is stocks / equity still the best idea
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