Is it better to dollar cost average once per quarter or once per month?
How do you dollar cost average? (I know how to do it I am just wondering how you do it intuitively so I can compare it to the way I do it)
How frequent funds do you have investments contained by?
What it your assett allocation and how old are you?
At what age do you plan to stop working?
Answers: The belief of dollar cost averaging is to invest through highs and lows, that`s why reducing chances of buying at better prices. It is a proven fact that through this method, you are more probable to have a lower "average" price.
The time in which you invest funds is up to you, however hold on to in mind administration fees (load) when investing. If you are investing large amounts, smaller amount frequently can save you money.
Typically investment manager recommend no more than five funds, as that is usually the largest number one can be in command of effectively.
Asset allocation depends on when you need the money. If it is practical term, smaller quantity volatile investments are preferred, if it is long term, more risky investments can be used, as you own more time to make up the money if you lose some of it. I hold provided a good connection below for asset allocation.
You mention age when you stop working, so I am thinking you are talking something like retirement funds. Determine the number of years before retiring when setting your asset allocation.
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How do you dollar cost average? (I know how to do it I am just wondering how you do it intuitively so I can compare it to the way I do it)
How frequent funds do you have investments contained by?
What it your assett allocation and how old are you?
At what age do you plan to stop working?
Answers: The belief of dollar cost averaging is to invest through highs and lows, that`s why reducing chances of buying at better prices. It is a proven fact that through this method, you are more probable to have a lower "average" price.
The time in which you invest funds is up to you, however hold on to in mind administration fees (load) when investing. If you are investing large amounts, smaller amount frequently can save you money.
Typically investment manager recommend no more than five funds, as that is usually the largest number one can be in command of effectively.
Asset allocation depends on when you need the money. If it is practical term, smaller quantity volatile investments are preferred, if it is long term, more risky investments can be used, as you own more time to make up the money if you lose some of it. I hold provided a good connection below for asset allocation.
You mention age when you stop working, so I am thinking you are talking something like retirement funds. Determine the number of years before retiring when setting your asset allocation.
Resolved Questions: