Business
Should you wait for a market crash to invest, or just use dollar-cost averaging? – Motley Fool Australia
Is dollar-cost averaging (DCA) the best strategy for investing in ASX shares? Let’s look at the pros and cons of a DCA strategy today
Dollar-cost averaging (DCA) is a popular method of investing in ASX shares. It involves investing a set amount of capital at a determined time period, say $100 every week or $1,000 a month, and sticking to it, regardless of what is happening in the markets.
By capturing the various fluctuations of the market over a given time, dollar-cost averaging can give you an ‘average’ of the overall market’s performance, thus eliminating the risk of making a large purchase at a suboptimal price.
But usin…
-
Noosa News12 hours agoMan charged over allegedly abandoning Arnie the German shepherd in car after claiming dog and vehicle were stolen
-
Noosa News13 hours agoMotorcyclist dies in crash with truck
-
Noosa News13 hours agoSomerville House investigating after teachers’ dossier on students leaked
-
General18 hours agoSmall-town cleaner finds himself in legal battle with EnduroShield over product packaging