What is Recurring Buy?
Recurring Buy is a feature that helps you to practice dollar-cost averaging method, where you invest a fixed dollar amount on a regular basis regardless of whether the market is moving up or down. This helps you develop a habit of investing regularly, and also reduces any timing risk. On average, dollar cost averaging ensures that you buy more shares when the market price is low.
Investing made easy
Invest in your favorite assets hassle-free, we do it for you automatically.
Investing made easy
Invest in your favorite assets hassle-free, we do it for you automatically.
Avoid bad market timing
Never stress about timing the market again, simply invest regularly in all market conditions.
Avoid bad market timing
Never stress about timing the market again, simply invest regularly in all market conditions.
Build wealth over time
Let your portfolio grow consistently without any extra effort.
Build wealth over time
Let your portfolio grow consistently without any extra effort.
Recurring Buy simulation
Comparison of investing $10 each month for on year vs. investing $120 upfront in AAPL
Lump Sum Investment
Return
= 0%
Average Buy Price
= $170
Recurring Investment
Return
= +$7.5 (2.4%)
Average Buy Price
= $162.5
How to use Recurring Buy
Tap “Recurring Buy” in the Features section on the Account page or specific asset detail page.
Tap “Set Recurring Buy” and choose one of the US Stocks or Crypto Assets you want to invest.
Fill out and adjust your recurring buy plan.
Confirm your recurring buy plan, your recurring investment will be executed automatically.
Learn more about Recurring Buy
Nikmati Investasi Saham AS dan Otomatis Lewat Fitur ‘Recurring Buy’ di Pluang
Kamu ingin konsistensi investasi saham AS namun kesulitan untuk menentukan waktu yang tepat dalam berinvestasi? Tak perlu khawatir..
FAQ
What is Recurring Buy?
Recurring Buy, also commonly known as a systematic investment plan or dollar-cost averaging plan, is one way to invest a fixed and recurring amount regularly within a specified period that we can determine.
What is the goal of using Recurring Buy?
The purpose of the Recurring Buy feature is to reduce the risk of market price fluctuations for an asset, allowing you to acquire a more varied market price over a specific period.
How to set up Recurring Buy?
To set up a Recurring Buy on Pluang, you need to specify the asset you want to purchase, the amount you want to invest regularly, and how often you want to invest (e.g., every day, every month, or every quarter).
What assets can be purchased with Recurring Buy?
