The recent drops in returns for robos have drawn my attention, should I wait for the market to perform better before depositing?

Yes & yes if u hve a

-weak heart only And

-crystal ball to knw by when will mkt pickup (so that u wont miss it and u wont keep waiting)

for the last point, no1 should have the ans.... hence to practice it in reality is tough

I m shocked by all the answers r "dca and dca" gdness me....

never a lover for dca/rsp!!!! (i trust thread starter or qn poster alrdy knew much abt dca)​​​

If anything, since you're for the long-term... because it has been dropping, now would be a fantastic time to continue adding into you robo-advisors. If you're doing your own DCA weekly or monthly, just proceed to DCA without a worry. These dips happen from now and then. Time in market over timing the market.

Have to change your mindset my friend.

What is the point of doing DCA when the market is doing well and stop doing DCA when the market is doing badly? Does this sound funny to you now? 😐

Please read up more on the methodology of DCA in both bull and bear markets.

For example:
You plan to DCA $500 per month.

Stock X is $200 per share during bull market. In this case you will purchase at most 2 shares with this amount.

The same Stock X becomes $100 per share during bear market. In this case you are able to purchase even more with the same amount of money, which is 5 shares.

Do you get my point?
You tend to receive or own more units of that asset at a discount during bear markets when things get cheaper.

Why do you want to run away from buying something which is cheaper?

I know this is a market psychology that you have to overcome. When you see your portfolio turning red and profits decreasing you will start to panic and don't do anything. Please train you mind to overcome this.

Whenever there is a sale on 11/11, great singapore sale or Black Friday, ppl will save money and flock to get the best deals. The stock market is the only place people run away during a sale and come when prices are extremely expensive.

If you are DCA, it defeats the purpose and harms the strategy if you are trying to make judgement calls based on where you personally feel the market will go. If you are uncomfortable with the strategy, might want to explore other ways that suit your emotions better.