Comment on Ask HN: Is now a good time to invest in ETFs?parentComments−xnx6yDollar cost averaging seems to be more of a psychological strategy than a financial one: https://en.wikipedia.org/wiki/Dollar_cost_averaging#Criticis...−throw0101a6yPutting away a little every month generally gives the best results as the main alternative is 'buying the dip', and good luck with that:* https://ofdollarsanddata.com/even-god-couldnt-beat-dollar-co...−kojeovo6yWell it's also a good low effort strategy. I'm at work most of the time markets are open and I don't have to stay that up to date.−robjan6yIt is, but DCA helps people who think "now everything is on discount, let's buy more" when the market could easily continue to fall.
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Dollar cost averaging seems to be more of a psychological strategy than a financial one: https://en.wikipedia.org/wiki/Dollar_cost_averaging#Criticis...
Putting away a little every month generally gives the best results as the main alternative is 'buying the dip', and good luck with that:
* https://ofdollarsanddata.com/even-god-couldnt-beat-dollar-co...
Well it's also a good low effort strategy. I'm at work most of the time markets are open and I don't have to stay that up to date.
It is, but DCA helps people who think "now everything is on discount, let's buy more" when the market could easily continue to fall.