I wrote an article comparing DCA (Dollar Cost Averaging) against market timing a few weeks ago. In that particular article, the scenarios painted are based on the assumption that a lump sum wasn't present at the beginning of the investing period and hence periodic purchases of stocks are necessary.

In this article, I like to explore a bit deeper on DCA in a slightly different context. This time round, I'm going to assume that there is a lump sum available for investing at the very beginning and let's see what's a better approach to take in this case- DCA or Lump Sum Investing?

Much has been discussed about this topic by various bloggers, with different groups of people having various different interpretations on this topic. However, I notice that there are many different kinds of scenarios where this topic can be applicable on. Hence, I would