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Anonymous

28 Aug 2023

∙

General Investing

Should I take profit? Or keep DCA-ing?

I have been consistently Dollar-Cost Averaging (DCA) into the Nasdaq 100 ETF since April 2022, and currently, my investment shows approximately a 20% profit. I am considering whether it would be wise to realize this profit by selling, and then potentially restarting my DCA strategy when the price experiences a drop. Would you recommend such an approach given the market conditions?

Thanks in advance for your advice.

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Discussion (10)

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Daniel Kok

02 Sep 2023

If you're DCA-ing for a long run, then no you shouldn't be taking profit.

likewise for VOO when it was at 417 range, I didn't sell and wait for it to come back to 400 and repurchase. Just let compounding do its work.

Unless you're certain that it's hyperextended and it will definitely drop, otherwise time in market will always beat timing the market.

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Javier Tan Yan Kai

02 Sep 2023

Actuarial Analyst at AIA

U are betting on a drop. if it makes u feel more secure realise some

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Man of the Hour

02 Sep 2023

Man at Man of the Hour

No, just keep buying.

D

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Francis

01 Sep 2023

It might be good to take profit sometime.

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I.L.

01 Sep 2023

If you are investing for long term, like at least 10 years, then just DCA for now.

If you are in...

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