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…
-
Business20 hours ago3 perfect ASX ETFs for beginners
-
Noosa News22 hours agoSix-metre fall at work leaves man fighting for life
-
Business23 hours agoDown 53% in a year, are Domino’s shares now on sale?
-
Business23 hours agoAMP shares up 33% in six months yet trading below the market P/E ratio. Buy, hold, or sell?