DCA is a great psychological tool for those unsure about investing or in a down market. However, there's also research showing that if someone has a lump sum they're often better off investing the whole amount at once. There's pros and cons to each strategy.
DCA is a great psychological tool for those unsure about investing or in a down market. However, there's also research showing that if someone has a lump sum they're often better off investing the whole amount at once. There's pros and cons to each strategy.
Good point! I've updated the article to reflect that.
I fell in love with DCA the very day I discovered it from the pages of The Intelligent Investor.
Yep, it's a great concept and so simple yet effective! 😃