What is DCA?
Dollar Cost Averaging (DCA): is an investment strategy where an individual invests a fixed amount of money into a particular asset at regular intervals, regardless of its price fluctuations.
By doing so, one buys more units of the asset when prices are low and fewer units when prices are high, navigating volatility and reducing the risk associated with making a single large investment.
"Time in the Market Beats Timing the Market."- Ken Fischer
Instead of attempting to buy low and sell high, an inherently challenging task, this strategy espouses sustained investing with an orientation towards long-term growth.
It highlights the importance of long-term investment and the benefits of allowing your funds to grow over time, rather than trying to achieve high returns by predicting short-term market movements.
"Investing ~ is a Device for Transferring Money from the Impatient to the Patient"- Warren Buffet
In essence, the reliability of a practice like DCA and the emphasis on consistent market presence both reflect a philosophy rooted in patience, discipline, and a view towards enduring growth over instant gain.
Calculated Finance helps you achieve sustained growth while saving you time & energy, and takes emotion & doubt out of the equation.
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