I have a saving of 10k waiting to DCA into StashAway or Syfe, is it better for me to do it weekly or monthly?

Hi there,

Whether you choose to DCA monthly or weekly depends on how you perceive the economy at its current time.

If volatility is driving your decision, the appropriate DCA period is a function of the level of volatility? (i.e. the higher volatility, the more frequent should be your purchases)

Monthly is usually quite a safe choice, and it is less tedious compared to DCA-ing weekly. Others consider DCA-ing quarterly as well.

Here are a couple of other community threads you can read if you're interested:

• How does DCA monthly and quarterly differ? Why do some prefer one over the other?

• DCA monthly or weekly?

Hope this helps! 🙌

Just dump everything in and never look at it again, naturally you would worry if the market plummet after you dump everyting in, but it might plummet after you finish DCA-ing your 10k over 10 months, so there's it might not be a safer option.

How long are you stretching the 10k over? 6 months or 1 year or more? If you're dividing the 10k up over a long period of time, are you incurring opportunity cost by having the funds stay in a low-interest bank account? In this case, it might be better to go in lump sum, knowing that markets tend to rise over time and ignoring short-term volatility. However, if the 10k is sitting in a high-yield account, I might choose to DCA over 6 months. Regardless, I'd choose time in the market over timing the market any day, and put in more money from my salary every month.

Do it 1-2k monthly for now. Less hassle, don't think about it and move on. :)