In this session of #AskDrWealth, we are going to address one of our readers concerns pertaining to investing in Dollar Cost Averaging. Last week, we received an email from a reader asking about his regular investment plan, or as some people know it, Dollar Cost Averaging. He asked:

"When the share price goes lower, or even in downward trend, shouldn’t he be selling the shares and prevent further losses?"

He also added:

“Because regular savings plan are always invested or executed on every month, what if on that day the share price is on the downtrend, wouldn’t that be resulting in a loss?”

But before we answer his questions, allow us first to share 2 key points with you.

Point #1. Short Term or Long Term?

In the financial world, there is a continuous debate whether people should invest in short term or long term. And sometimes, the ...