I’ve been dollar cost averaging into physical gold through an auto-invest plan with Summit Metals for a while now. A fixed amount is deducted monthly and accumulated until it buys a full ounce, which is then shipped to me. But with gold hitting all-time highs, I’m rethinking my strategy.

    I’m always tempted to dial my monthly amount down as the price rises, effectively buying fewer ounces over time. However, this feels like market timing based on intuition, which goes against the set-and-forget principle of DCA. Is this a foolish impulse?

    Is there a systematic way to approach this, perhaps by adjusting my contribution based on a metric like the 200-day moving average? Or is the smarter move to just ignore the noise and keep my automatic contribution exactly the same, trusting the DCA process regardless of the market’s price? I’d appreciate any feedback from others who stack using a similar auto-invest plan.

    Gold DCA at an all-time-high price
    byu/baron_quinn_02486 ininvesting



    Posted by baron_quinn_02486

    1 Comment

    1. Depends on your current and end goals.

      Reducing the size would exactly be a “trying to time the market” thing. A foolish impulse indeed.

      It being at ATH doesn’t mean much. Is it ATH by $100, $0.01? On the day? Minutes? Does it even matter?

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