Setting up a recurring investment on Vested is a straightforward process, allowing you to automate your investments efficiently. Here’s how you can do it:
Log In to Your Vested Account: Begin by logging into your Vested account. This is the first step to access your investment options and manage your portfolio.
Navigate to the Profile Section: Once logged in, go to the 'Profile' section of the platform. This area contains various settings and options related to your account.
Access Recurring Investments: In the Profile section, find and click on the “Recurring Investments” option. This will take you to the section specifically designed for setting up and managing your recurring investments.
Select Your Investment: Choose the U.S. stock or ETF you want to invest in regularly. Vested offers a wide range of options, allowing you to pick an investment that aligns with your financial goals and preferences.
Set the Investment Amount: Decide on the amount you wish to invest at each interval. This amount should be in line with your overall investment strategy and financial planning.
Choose the Frequency: Select how often you want your investment to occur — this could be weekly, bi-weekly, monthly, etc. The frequency should match your financial cycle, such as aligning with your paycheck or other income sources.
Finalize and Confirm: After selecting your stock or ETF, setting the amount, and choosing the frequency, review your choices to ensure they meet your investment objectives. Once satisfied, confirm and finalize the setup of your recurring investment.
By following these steps, you can conveniently set up a recurring investment on Vested. This feature is a great way to automate your investment process, ensuring that you consistently invest toward your financial goals without the need to manually execute transactions each time.