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Anonymous
Considering the current market climate, is it a good time to DCA now?
I have been doing DCA using DBS InvestSaver for STI-ETF for some time now. I'm wondering if now is a good time to increase my DCA since it has been affected badly?
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Don't think increase the amount is a good idea now. Maybe stick to yr original plan as u dunno when market will hit the bottom. U may think now is badly affected, but it can b getting worse.
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YES You can increase your DCA amount but the advice will be not to play around with the DCA amount t...
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Provided that the additional funds you are deploying into the market are not intended to be used for the short term, increasing the amount makes sense as long as it doesn't result in a significant effect on your lifestyle.