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Automated Investing: Why it works

Get Started Investing

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The Power of Dollar Cost Averaging

Nick Majorly over in the US wrote a book called Just Keep Buying. In that book, he looked at the US stock market back to 1926. And what he found was if he just picked a random month whenever and just kept buying every month from that point for the next 10 years, there was a 98% chance you would have been up. If those 10 best days came in January of 1930 and you got it in fair. But then you still get the best days in every other decade. Yeah. So the historical data tells us that there's power in dollar cost averaging.

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