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how can i check position of my automatic investment plan of reliance

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Q: How can check position in Reliance automatic investment plan regular?
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How To Build Your Portfolio Through Automatic Investment?

Sometimes, the most challenging part of investing is to actually get the money into the account. It always seems like there's always something more important demanding your money. Whether it's groceries, utilities, car payments or school, investments always seem to get pushed down the ladder of priority. That's why it's so important to try to eliminate the manual step of sending in a check every month. It's in the interest of investment firms' bottom line to try to make investing on a regular basis as easy as possible. That's why they've set up automatic investment plans. Automatic investment plans allow you to give a brokerage or investment firm permission to draw from your bank account on a regular basis (typically monthly) and deposit the money into your investment account. It's a great way to get used to regular investing and continue building up your retirement nest egg or emergency funds without really having to think about it. Automatic investing is an especially useful tool for someone getting into investing for the first time. Firms will often require a lower initial investment if you promise to continue investing automatically until you reach the normal minimum. Since investing can often times be confusing to a newbie the fact that all the work involved in regular investing is done for you can be particularly attractive. Research has shown that people who enroll in automatic investment plans tend to save more and building larger portfolios than individuals who choose to do it on their own. So if you're looking to make your financial life a little easier, an automatic investment plan could end up being a no-brainer. The paperwork involved should be relatively simple. In many cases, you can sign up for one on your initial account application or if your account is already established it might not require more than a one-page form to add the option. Either way, automatic investment plans are a smart choice to achieve successful long-term investing.


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