facebookDoes DCA work to lower the average investment price? If the price is higher than my average investment price, is it okay to add more? - Seedly

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Anonymous

14 Nov 2020

Stocks

Does DCA work to lower the average investment price? If the price is higher than my average investment price, is it okay to add more?

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Yes, just stick to your monthly dca plan. Markets are uptrend-biased so time in the market is better than otherwise. If markets do dip, then pump in some of your dry powder/warchest. Otherwise, just business as usual = your monthly dca

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