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

Advertisement

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?

Discussion (1)

What are your thoughts?

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

Write your thoughts

Advertisement