Wednesday, December 23, 2020

When to use Dollar-Cost Averaging (DCA)?

When...
  • Lacking large initial capital and need to accumulate wealth via multiple affordable amounts.
  • Buying good quality, long-lasting, and broad-based index ETFs and blue-chip stocks.
  • Lacking the investment analysis skill to time the market.
  • Avoiding on missing out the market recovery.
  • Need to instill regular saving discipline.
  • The investment horizon is long term.
Have you started using DCA?
Please feel free to comment.

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