Hey, how are you guys even doing with the (DCA) overbooking these days? The indices and stocks keep going up and a few more of these up days/weeks and we have new ATH.
Are you overbought anyway or are you waiting for a correction?
S&P 500
^GSPCCapital Structure
Market Cap
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Enterpr. Val.
0.0
Valuation
P/E
-
P/S
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That's what DCA is for. Whatever the price, keep buying
I definitely don't care, I buy every month and I don't care what the price is. Of course, if the price drops significantly, I'll buy even more.
I have a standing order in the ETF, so I don't worry about anything. As for 🚀/⚰️tak even though I'm counting on continuous compounding so I'm trying to time it a bit but I still feel like it comes out the same as pure DCA 🤷♂️
Well that's what DCA is all about... you just shop and don't worry about it 😁
I'm buying regardless of the rise or fall. Only when something is already above my price target do I gradually sell the position.
I don't care about $SPY-1.7% and I have a standing order set up there every month.