Advertisement
Anonymous
Would you DCA 2k every month straight into S&P / Syfe to compound consistently, or put the 2k into stocks/crypto hoping to grow it into a larger sum to then put into ETFs?
Currently have 22k in stocks and some crypto but wondering if it is a good alternative doing this instead of DCA to ETFs so reach the point where profits from compound interest starts to be significant.
Thanks in advance for your opinion!
1
Discussion (1)
Learn how to style your text
Billy
25 Aug 2021
Development & Acquisitions Manager at Real Estate Private Equity
Reply
Save
Write your thoughts
Related Articles
Related Posts
Related Products
4.6
935 Reviews
Syfe
ETFs, Equities, Bonds, REITs, Gold
INSTRUMENTS
0.4% to 0.65%
ANNUAL MANAGEMENT FEE
None
MINIMUM INVESTMENT
N/A
EXPECTED ANNUAL RETURN
Web and Mobile App
PLATFORMS
4.7
1297 Reviews
4.7
657 Reviews
Related Posts
Advertisement
I would suggest the former methodology simply for the fact everything is spelled out very clearly - $2K each month.
If you were to go for the latter, I foresee additional considerations
Unless you're brilliant at stock-picking, DCA-ing each month serves as a hedge and a form of discipline also.