The problem is, the inflow and outflow of cash doesn’t always line up with the actual revenue and expense. Say, for example, a client prepays you for six months’ worth of work. Under cash accounting, revenue will appear artificially high in the first month, then drop to zero for the next five months. This account […]
The main downside of dollar-cost average investing, which recurring buy orders are a form of, is that with any luck, the market will increase over time. As such, your investment potential will decrease over time. If you did have a larger amount to invest upfront and the market increases at the same rate, you’ll see […]