DCA Strategy (Endowus S&P500) - Does it really work? Cost: $790; Value: $831 (from 18Jan2023 - end Jan2023)

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DCA works when you have a good entry and no blackswan event.

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The DCA (Dollar-Cost Averaging) strategy can be an effective way to invest, especially for those who are just starting out or who are new to investing. The idea behind this strategy is to invest a fixed amount of money regularly into a particular investment, regardless of its price. Over time, this can help to reduce the impact of market volatility and smoothen out the average cost of the investment.

As for the specific example of Endowus S&P 500, the cost of $790 and value of $831 from 18th January 2023 to the end of January 2023 would suggest a small positive return. However, it's important to keep in mind that investment returns can vary greatly over different time periods and that past performance is not a guarantee of future results.

Additionally, it's worth noting that the DCA strategy works best as part of a larger, well-diversified investment portfolio. Diversifying your investments across different asset classes and geographic regions can help to reduce your overall risk and improve your chances of long-term success.