facebookDoes it make sense to DCA into US markets now considering how strong USD is now and how volatile the markets are? - Seedly

Anonymous

22 Mar 2020

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Does it make sense to DCA into US markets now considering how strong USD is now and how volatile the markets are?

Is it a good time to jump in now?

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Pang Zhe Liang

22 Mar 2020

Fee-Based Financial Advisory Manager at Financial Alliance Pte Ltd (IFA Firm)

It depends on your investment objectives and what type of financial instruments you intend to invest into. For the most part, dollar cost averaging may not work all the time.

More Details:

Dollar Cost Averaging: Does it really work?

Besides, it also depends on your capital and how long you intend to stay invested. Moreover, to determine if the market condition is favourable to invest, the question will be: Is there a right time to invest?

Accordingly, I have compiled a list of financial crisis and disasters since the 90s and every other strong reasons not to invest. However, the market has proven otherwise year after year.

Therefore, focus with the right investment strategy by knowing your investment objective.

I share quality content on estate planning and financial planning here.​​​

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