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Dollar-Cost Average + OCBC BCIP This article will be broken down into two parts. I will first write about my decision to carry out dollar-cost averaging followed by my experience with OCBC BCIP (blue-chip investment plan). What is Dollar-Cost Averaging? Dollar-Cost Averaging (DCA) is a passive investment strategy that advocates periodic investment on a particular share regardless of price movements. As the market is highly volatile, you might easily run the risk of getting caught investing a lump sum into the market at the wrong time. Can you imagine seeing years of savings go to waste just because of a bad investment decision? I certainly can’t! So how can we avoid this risk? Instead of a lump sum investment, DCA believes in spreading out one’s capital into smaller tranches. By doing so, you can minimize your odds of getting caught by the market...