Managing my investments glossary
Passive investorsInvestors who hold share market portfolios (plus any risk-free assets) rather than their own selections of specific shares from within the overall share market. |
PortfolioA collection of shares and/or other financial assets. |
Pound cost averagingA method of investing where equal sums of money are invested in shares (or other financial assets) each month or year (or other time period). This method avoids the risk of investing larger, one-off, sums of money at times when share prices might be at a temporarily high level. |
Prime residenceThe property that is the main place of residence of a taxpayer. |