Monthly Archives: May 2021

Smoothing out market volatility

Pound cost averaging – how to avoid trying to second-guess market movements

The coronavirus (COVID-19) outbreak led to the biggest daily drop in the FTSE 100 on 12 March 2020, since the financial crisis. The FTSE 100 fell 9% when markets opened — worse than any single day in 2008 and beaten only by the record figures of 1987’s ‘Black Monday.’