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A comment on It Feels Like the Game Is Rigged. Parent comment
Not sure what you're using as the measure of variance, but Morningstar found DCA has higher variance in IRR: https://www.morningstar.com.au/learn/article/the-dollar-cost...
> These are not mutually exclusive. One can lump sum all into the lowest risk allocation and then risk on over time
I never said they were mutually exclusive, just that it is suboptimal.
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Not sure what you're using as the measure of variance, but Morningstar found DCA has higher variance in IRR: https://www.morningstar.com.au/learn/article/the-dollar-cost...
> These are not mutually exclusive. One can lump sum all into the lowest risk allocation and then risk on over time
I never said they were mutually exclusive, just that it is suboptimal.