facebookIs it necessary to constantly (monthly, quarterly, etc.) add money to my investments? - Seedly

Advertisement

Eman

18 May 2020

General Investing

Is it necessary to constantly (monthly, quarterly, etc.) add money to my investments?

Instead of investing $500 monthly , I decide to invest $2000 one shot into a stock to keep transactional cost at bay.

I am keen on adding more counters to my portfolio, thus would it be recommended for me to NOT add an additional $2000 into the same stock but instead invest it in another stock in the following months? Or should I constantly add to my investments?

Thanks

Discussion (1)

What are your thoughts?

Learn how to style your text

Dollar cost averaging has it'a critics,

but generally for good discipline it is an acceptable habit.

all what not to do, here:

https://seedly.sg/questions/what-is-your-genera...

Write your thoughts

Advertisement