Dollar cost averaging or to a lump sum investment? This is a question on everyone's mind when they start to invest. And this is also today's topic for this video. There are many debates on whether dollar cost averaging or lump sum investment is better.
Before, I dive in more into DCA and lump sum investing, please give an early thumbs up or subscribe to my channel for me to produce more content for you guys! So let's define them. Dollar cost averaging (DCA) is an investment strategy in which an investor divides up the total amount to be invested across periodic purchases of a target asset in an effort to reduce the impact of volatility on the overall purchase. For example, you have $25,000 you split it up and invest about $500 per month. This will mean that the $25,000 will be invested over a 4 year time...