If you use DCA, which day of the month/week do you shop?
I avoid Friday, Monday and the first/last day of the month.
Also, do you have a strategy or do you just shop? 🧐
If you use DCA, which day of the month/week do you shop?
I avoid Friday, Monday and the first/last day of the month.
Also, do you have a strategy or do you just shop? 🧐
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I do the 5th day of the month. It's not a strategy :D I just set it up that way
I have a standing order for the 26th, so I usually shop on the 27th-28th and I don't worry too much about the days :)
I don't know if it's a strategy, but it's just a standing order every 15th or next trading day. That's into ETFs, then I still have occasional 🚀/⚰️kde I buy one company of my choice for a year or two, occasionally whenever a certain amount accumulates in the savings account. I tried to time that but have abandoned that too. So now when a certain amount accumulates there I simply invest it right away. So it's basically random. I don't hold cash, I don't try to time it, and I'm putting all my efforts into picking a potential next rocket (for 2024 to 2025).
I don't use DCA that much, I'm more trying to catch the dip. Anyway, in the few I have set as DCA, it goes 22.... I don't know why 🤷♂️😂
Always the first :D