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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…
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