How to START dollar cost averaging when the market is all time high

I’ve not invested at all and I’m starting to invest in QQQ but I see it keep climbing and idk whether to start to DCA now.. should I wait for it to fall back to $280+ or start now?

Also, stocks like CRWD and TSLA, they are overvalued in my opinion. Should I start dollar cost averaging in them?

Lastly, does dollar cost averaging neglects the investing rule “buying below the intrinsic value”? Like we can start to DCA at any price, any time?

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Tony

04 Jul 2023

Look at the chart and plan out a investment strategy

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Susan Soh

04 Jan 2023

Just wait.

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Arman Mohamad

Edited 12 Sep 2021

Seedly Student Ambassador 2021/22 at Seedly

Hello, I don't want to repeat what others have said but basically, if you want to DCA, any time is a good time, so long as you know that what you're investing into is generally going to go up. In this case of the QQQ, thats a good choice for an ETF.

You could also go into Tesla via DCA but perhaps a smaller amount because stock-picking is a lot harder and takes more time to implement.

DCA, yes does neglect the value investing axiom. You CAN DCA at anytime, you have to be mechanical about it because DCA removes emotions.

Remember, set a day of the month, follow through with it every month and stay invested, be it market highs or lows.

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