Re:S&P 500 triggers 15-minute trading halt for the second ti...
by ikeboy on Thursday March 12, 2020 @03:01PM
(#22560469)
>That's not what I said, in fact the study does the opposite.
The study explicitly says it's lower risk because it's investing a lower amount.
If there's a negative risk premium, then any strategy that invests less will automatically do better. But lump-sum will still do better than DCA with the same amount of exposure, since it's still better diversified.
The study explicitly says it's lower risk because it's investing a lower amount.
If there's a negative risk premium, then any strategy that invests less will automatically do better. But lump-sum will still do better than DCA with the same amount of exposure, since it's still better diversified.