Dollar cost averaging (DCA) is a fundamental investment strategy. It is implemented by a regular savings plan (RSP) which makes it easy to allocate a fixed amount of money every month to a diversified portfolio.
Understandably, the benefits of DCA have been extolled by experts and financial institutions alike. After all, what's not to like about disciplined investing, without the destructive effects of our emotions, where we get to take advantage of the inevitable short term market price volatility - buy more units of blue chips when the markets swing downwards and yet are protected because we buy fewer units during price spikes.
Showing posts with label dca. Show all posts
Showing posts with label dca. Show all posts
Subscribe to:
Posts (Atom)