facebookAs a university student, how will you DCA with $200 to $250 monthly with a long term investment horizon of 20 to 30 years? - Seedly

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Anonymous

30 May 2021

Events

As a university student, how will you DCA with $200 to $250 monthly with a long term investment horizon of 20 to 30 years?

I am currently working part-time, after deducting my pay for my own allowance and other necessary expenses I am left with around $200 to $250 monthly for investment. I have saved up for 8 months of an emergency fund.

Discussion (3)

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Williams KPODE

07 Oct 2021

Stock Market Analyst at Finviz.com

If you are already an expert stock market trader then you can consider buying low and sell high on stock shares but if you're not I would rather advice you to create a Crypto smart income portfolio of at least $500 to $1000 which would include Large Cap Growth 💹 cryptocurrencies ( BTC, Ethereum and Litecoin) , Large Cap Defensive Coins ( Eutherum Classic, USTD, Polka Dot, PancakeSwap ....etc ) , Large Cap Cyclical Coins : ( alternative coins with a net capitalization from $100b ) , Speculative Growth 💹 Coins ( Altcoins with Capitalization from $50b ) , The Turned Around Coins ( Altcoins with $5b Net capitalization) . Altcoins which have been hit by temporary bad news 🗞️,lawsuit , mismanagement and recession . These coins may be making temporary losses but their economic moat remains intact .

And finally Dividend Cash Flow (Income Alternative coins ) ; Altcoins with consistent net income increasing .

Before investing in stocks or cryptos please consider doing your FA very well .

Victor

30 May 2021

Financial Service Consultant at AIA

DCA via ETF will be the way to go if you do not want to focus too much on the dd part

Chris

30 May 2021

Owner and Writer at Tortoisemoney.com

Personally, I'd probably focus on one ETF (maybe VTI) to DCA in. I'd probably also DCA only once eve...

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