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Automate your investments from "summary" of The Only Investment Guide You'll Ever Need, Revised Edition by Andrew Tobias
One way to make investing a habit is to automate it. By setting up an automatic transfer from your checking account to your investment account each month, you ensure that you are consistently putting money into your investments without having to remember to do so manually. This takes the guesswork out of the equation and makes investing as easy as paying your bills. Automating your investments also helps you take advantage of dollar-cost averaging. This strategy involves investing a fixed amount of money at regular intervals, regardless of market conditions. When you automate your investments, you are essentially dollar-cost averaging without having to think about it. This can help smooth out the highs and lows of the mark...
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