Advertisement
What are some opinions on whether should I continue to DCA despite the dip in US market. Currently I'm using Stashaway General Investing portfolio with 22% risk. Have been DCA-ing since March 2020. Returns are pretty good but have been dipping since August. Should I continue to invest? If yes, how frequent should I dca? I'm a beginner here so please enlighten me!
2
Discussion (2)
Learn how to style your text
Reply
Save
If you still believe in the performance of the funds in the long term, you should continue to invest in them.
If you do not have a firm idea of how often to invest through DCA, perhaps, you can try investing monthly. While you can invest daily/weekly to take advantage of dips it may potentially lead to disastrous market timing.
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
1296 Reviews
4.7
657 Reviews
Related Posts
Advertisement
The management fee charged on Syfe and Stashaway are based on the total value of your portfolio. As such, the frequency of your investment would not result in you incurring more charges. (i.e you are not charged when you deposit or withdraw from the account)
If you want more info, you can read my blog here!