It's just crazy to me. My weekly DCA is supposed to hit tomorrow but now the market has shot up right before. It feels like in a week or two the Supreme Cheeto will pull some other stunt and it will be right back down again along with my latest contribution.
Does it make more sense to just wait for it to be a red day or are you guys still sticking to your DCA?
I know I know… time in the market, etc, but these are unusual times.
How do you commit to DCA when the market is being manipulated like this?
byu/Alternative_Knee instocks
Posted by Alternative_Knee
13 Comments
Well I’ve been doing it for 20 years, so it doesn’t really matter what happens to this week’s X dollars. That’s the whole point of DCA.
Or it could go up?
Im out of DCA money anyway
I’d be DCA’ing more the lower the market goes. I upped my 401k contribution from 6%(to get the 4% match) to 24% the last month. Sounds like a lot but it’s only an extra $750 in the last month
Grow up?
All times are unusual times.
Oh my sweet summer child..
You either DCA or time the market. DCA ignores every macro events in the long term as long as your original believe in the stock still hold since historically, stocks always go up (in the long term).
If you wait, then you are trying to time the market, aka gambling (unless you have a crystall ball to tell the future)
that’s exactly why you DCA. No idea what could happened economically or politically – so just continue to invest over a period of time and don’t let fluctuations affect your mindset. I agree it can be frustrating, but if you’re a passive investor then these gyrations shouldn’t discourage you.
Price doesn’t matter you just buy no matter what.
The USA is not a serious country and it’s not a serious stock market.
“Yeah but how do I get the best value?”
Do you know what DCA is? Putting money when the market is up or down is the whole point
😬. Do you know what DCA means?