4min chapter

The Investing for Beginners Podcast - Your Path to Financial Freedom cover image

IFB249: Should We Use DCA for Individual Stocks or ETFs?

The Investing for Beginners Podcast - Your Path to Financial Freedom

CHAPTER

How to Start a Dollar Cost Averaging Journey

Troy: Should I start the journey with the first $100 investment and leave what I currently have saved for other things? Andrew: Would you recommend using dollar cost averaging to invest in other companies, i.e. investing in Apple slash Tesla or should it only be used for ETF slash index funds? Troy: This isn't a game that you have to have figured out from day one when you start doing it. It's a lifetime journey. Do it as soon as you can. Try not to put excuses in your head and just start moving.

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