A short YouTube segment in which Ndubuisi 'Andy' Egwim answers a question about platforms for cash ISAs and explains the psychological side of money management. He recommends automating savings and investments rather than saving manually, notes that he personally rarely checks his investment accounts for months, and advises passive investors (e.g., index funds) to automate contributions.
Is there like a platform of a cash ISA that you don't have to see every day? That is a good question. Because a lot of issues around money is not just mass, it's psychological. A couple of things you can do. Look, I know I talk about investing, but sometimes I don't look in. I don't look at my stocks and shares for like three, four, five months. If I'm very sure or I feel quite confident, it can never be 100%. If I feel quite confident in the investment decisions I've made, I might not look at them for like months. Oh, the market is down. They okay, fine. Two years later, they're like times three or times four. Fine, same thing with your savings mass. I've said it a few times, I should say it a hundred more times. Don't save money manually, okay? Don't save money. And if you're not a value investor, if you're not making investment decisions by investment, if you are just a passive investor buying stocks and shares through index fund and all that, there's no reason for you to do it manually. You want to automate it.
