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CL

25 Jul 2020

∙

General Investing

If I buy 1 share of VOO per month, is it effectively same as dollar cost averaging method?

I set aside 500SGD a month to invest in VOO ETF. However the IBKR account I am using is not allowed to invest in fractional shares. If I buy 1 share of VOO per month, is it effectively same as dollar cost averaging?

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Nigel Pendercroft

06 Feb 2023

Fixed Dollar Amount. Not fixed share amount.

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YT

24 Jul 2020

There are two ways to DCA, either by price or by units. By buying 1 share of VOO monthly, you are averaging out the bought price over time. So yes, it is DCA method.

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What is the best way to buy VOO in a dollar-cost averaging fashion (every month)?

Ascendas Reit is doing a rights issue. It is going to be 1 for 1 at $3.01. If I hold 11,000 shares at an average cost of $3.1354 per share, is it worth subscribing 11,000 shares to average down?

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