Hi all, I am wanting to dollar cost average over the long term and my chosen fund is VGS using CMC markets (Australia). The issue I’m facing is that I don’t have heaps to commit to the strategy around $100 fortnightly for now, so with the current price sitting around $125, I’m having to just buy 1 unit each fortnight, but does this not defeat the purpose of DCA- buying more when price is low and less when price is high.
Submitted September 01, 2024 at 12:28AM by Particular_Feature52 https://ift.tt/AakRX0i
