Market timing โ trying to buy low and sell high โ sounds simple but fails in practice. Even professional fund managers with research teams, Bloomberg terminals, and decades of experience can’t consistently time the market. Dollar-cost averaging (DCA) eliminates this problem entirely.
How DCA Works
Invest a fixed dollar amount at regular intervals (weekly, biweekly, monthly) regardless of price. When prices are high, you buy fewer shares. When prices are low, you buy more shares automatically. Over time, your average cost per share smooths out to a below-peak price.
The Math That Proves It Works
Invest $500/month in the S&P 500 for 10 years. Even if you started the day before the 2020 COVID crash, DCA into the subsequent recovery turned that initial loss into a massive gain. S&P 500 history: 30 of 35 years since 1985 have ended positive. The best strategy: be invested, stay invested, keep adding.
Automating DCA
Set up automatic monthly contributions to your brokerage account. Enable automatic investment into your target ETF. Never turn off the automation during market downturns โ those are the most important contribution periods.
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