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Anonymous
Hi! Have only been working for a year so currently comfortable with investing $500 monthly into S&P500. I was wondering if I should still continue my DCA as the market is very volatile now.
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DCA means sending a fixed amount of money regardless of the market conditions. If you intend to DCA, relogiously stick to it. Otherwise, its called speculation
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Yes, continue.
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Yes - DCA is precisely to smooth out the risks from volatility.
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If your investing for long term, no reason to stop....
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Yes, buy more when it is lower