Dollar cost averaging is a great investing strategy by making consistent investment contributions to reduce your risk. And the longer you use DCA the lower your average share price can be. And while dollar cost averaging is great, is dollar cost averaging better than lump sum investing? And the answer may surprise you.
00:00 – Start
00:10 – Ways To Invest
1:10 – What is Dollar Cost Averaging
2:35 – Reducing overall cost per share
3:10 – DCA Example
4:49 – Calculate Dollar cost Average
5:12 – Is DCA better than Lump Sum Investing?
6:42 – Thoughts
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14 comments
LETS GOOOOO!!!!
Great advice
2:39 But Dustin, stocks can go up and down but STONKS only go up!
Did a lump sum last month…now watching to see if I could do better next time around 😁👊💥 Thanks brotha! (Hahaha the “guilty” text pop up a couple minutes in…hilarious) 😂
investing is better than not investing.
What happened to this channel? No more credit card coverage? Seems like a watered down version of the Graham Stephan show.
As soon as I get a lump sum, I’ll lump sum invest. Until then, I’ll dollar cost average.
I know I should be DCAing… but I just can't automate anything I do. I am too controlling of my financing.
I'd be more nervous about a mortgage Waller!
Do you work out? That shirt makes it look like you got a nice chest.
What about DAILY dollar cost averaging over ten years (e.g., $10 a day, $50 a day, $100 a day)? Better than monthly, quarterly, and annually?
Waller's Wallet index? That share Price looks a little low to be VTI?!?!
Not to jump on the bandwagon but this channel is definitely different now. It was never as good as Sebby or Shifu but it was okay. Now it’s just…bad.
The half attempt at investing advice is blah at best. It’s not what you’re really good at. The last video where you tell folks to live like a pauper was comical. Clearly you’re speaking from a one income, stay at home dad, point of view.
Great video. I learned a lot in this video and feel we're all learning with you along this journey. Keep up the great work man. Take care and happy investing!