2Lun
You can see even better how the money works in the accumulator...
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2Lun
@six I personally don't think so. With my younger cousins, I had to spend ages discussing and explaining over and over again that it would soon pay off and that the accumulator would overtake the distributor at some point (there was also a choice between FTSE all-world Vanguard distributing or accumulating), then laboriously photographed the values every month and sent the screenshots with the step-by-step approach. The thing about young people is that only cash counts. When they see that the value of the ETF is rising and then more money is paid out each quarter, this creates a much greater "reward effect" in their minds and they are more satisfied. That's how I got younger female colleagues to invest in ETFs. (Funnily enough, women are even more into distributors. Just my observation)
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@AE23 Yes, I'm with you there
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