Re:Why in the world would you own bonds?
by wait_a_minute on Wednesday March 17, 2021 @11:45AM
(#26492787)
This is why I dollar cost average. Timing purchases is impossible for me since Iām not a finance genius, so I just buy stock each time I get paid.
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Re:Why in the world would you own bonds?
by sneeze-slayer on Wednesday March 17, 2021 @11:59AM
(#26492979)
FYI that's just closer to periodically investing. Dollar Cost averaging is more along the lines of "I already have $100 in my account and will invest $10/month for 10 months."
Planning to DCA from future cashflows is still DCA.
Re:Why in the world would you own bonds?
by loco5niner on Wednesday March 17, 2021 @06:35PM
(#26497628)
According to Investopedia: "A perfect example of dollar cost averaging is its use in 401(k) plans...an employee can select a pre-determined amount of their salary..."