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Anonymous
Should this be something to be worry about? Am I doing it wrongly?
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Pang Zhe Liang
23 May 2020
Fee-Based Financial Advisory Manager at Financial Alliance Pte Ltd (IFA Firm)
When the price is going up, you are earning money. Thus, there is nothing wrong. Instead, you should worry if the price goes down and never recover. Here is some information on dollar cost averaging that you may find useful:
More Details:
Lump Sum vs Dollar Cost Averaging
Meanwhile, take this opportunity to do a review on your portfolio to ensure that you are invested into the right asset.
I share quality content on estate planning and financial planning here.
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In another scenerio : I have been DCA-ing every month for a stock and the price is going DOWN. Am i doing somthing WRONG?
Answer in short: Dont worry about short-term volatility, be concern over its long-term performance