Part 3/6:
After careful consideration, the decision was made to invest a higher amount of £50 daily rather than starting at just £1. This adjustment allows for a balanced approach, providing opportunities for continued savings while also generating substantial investments into the market.
Rationale Behind Daily Investment
The motivation was not merely to fill an ISA. The investor aims to understand the effects of daily investing on their overall portfolio compared to lump-sum investments. By implementing a dollar-cost averaging strategy, they hope to explore how gradual, consistent investments will build their portfolio over time, managing the risk of entering the market at an unfavorable time.