SmartSaver has introduced Auto Invest. And yes, it is exactly what it sounds like.
From today, when you make an investment into your SmartSaver Main Account, you’ll see the Auto invest button winking at you from the top corner.
Click it, and you’ll be able to set up your first ever auto investment into SmartSaver.
You select the amount, the frequency, and choose your payment card.
Click confirm, and you’re all set up.
Regular investments, regular returns
An automatic investment in SmartSaver pays off in a BIG way.
Your SmartSaver Main Account earns 7.5% APY, and as SmartSaver offers compounding returns, your money earns returns daily.
And that’s not just your initial investment — your returns earn returns.
So, regular investments will earn you more than one-offs. If you put €12k in a year, spreading it out into even amounts monthly will earn you more than one lump sum. That €12k spread over 12 months? Much better than €6k a couple of times a year. Consistency is king.
Bring your dreams closer
The best reason to set up an auto investment is you. Well, specifically what you want to achieve with your money.
It might be completing your Frank Zappa vinyl collection.
Could be starting that cat-walking business.
Maybe even everyone’s dream non-skiing mountain holiday (we all just want to read a book by the fire right?).
Whatever you’re saving for, make sure you never forget to pay yourself first. You’ll reach that dream even quicker than you imagined.
*The information presented in this blog post is valid as of the time it is published. The content is intended to provide information only and is not meant and should not be considered as financial or investment advice of any kind.