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Anonymous
Is there any particular day or week in a month to DCA?
Started portfolio with Syfe for equities and reits. Looking to DCA monthly, $500 to equities and $300 to reits
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Elijah Lee
04 Jan 2021
Senior Financial Services Manager at Phillip Securities (Jurong East)
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Jiayee
30 Dec 2020
Salaryman at some company
Any day. Can consider DCA-ing on the day (or a day or two later) you expect to get your salary.
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No particular day. Up to individual, Anyday in the month. Just make sure got $$$ go in every month....
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Hi anon,
The whole idea of DCA is to ignore market noise and be disciplined about entering the market.
Thus there isn't any particular day that is 'best' to enter, but what is more important is that you be consistent about it. If you plan to buy in every first Monday of the month, then make sure you stick to it.