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What's an investment plan?
Bryna avatar
Written by Bryna
Updated over a year ago

At Spaceship, we strongly believe in the power of dollar-cost averaging. Setting up an investment plan can help you use dollar-cost averaging to steadily grow your wealth over time and achieve your long-term financial goals.

An investment plan allows you to program automatic buy orders to occur on a schedule of your choosing.

You can set your plan to occur weekly, fortnightly or monthly.

With our US Investing service, you can set up different plans for different securities. For example, you can have a weekly plan for one ETF and a monthly plan for another ETF.

There are some limits, including minimum and maximum amounts. To find out about the limits for investment plans, click here.

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