AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
The Importance of Dollar Cost Averaging
I like to do with the dollar cost averaging is I have a large base of portfolio assets that stay fully allocated into what I think reflects my current asset allocation. We even do this sometimes with clients where maybe for simplicity's sake, if the stock markets down 20% more in a full bear market, just with those monthly purchases and the smaller some, just straight up buy in the equity. So you use the volatility as a tool to financial mutant wise to buy things while they're getting crushed. But you realize when you, it's more of a behavioral or a feel good experience because if you compare those monthly purchases to the total portfolio, very different.