STOP Making These Dollar Cost Averaging (DCA) Mistakes!

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  • เผยแพร่เมื่อ 2 มิ.ย. 2024
  • If you are new to investing, dollar cost averaging brings you many benefits. Today, I'd share with you 5 mistakes that investors make so that you can avoid them!
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    0:00 Introduction
    0:35 Number 1 Dollar cost averaging as a disguise of catching a falling knife
    Story of Nokia which fell in 2000 and never recovered. Dollar cost averaging would not have yielded results.
    Buy indexes or funds instead which will never go to $0
    3:02 Number 2 Triggering dollar cost averaging manually
    Dollar cost averaging helps you buy more when prices go down and buy less when prices go up
    Manually triggering dollar cost averaging will have a lot of emotions
    5:40 Number 3 Buying in target levels vs periodically
    Markets go up they take the stairs but takes the elevator down
    Build up your portfolio gradually to get used to swings
    8:00 Number 4 Stopping or reducing dollar cost averaging during downturns
    Deviating from original plan is not a good strategy
    9:12 Number 5 Changing it to buying the bottom instead
    Dead cat bounces happen in bear markets and it will always look like the bottom has reached.
    Each bounce is strong and lures investors in who want to buy the dip.
    #dollarcostaveraging #dca
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  • บันเทิง

ความคิดเห็น • 111

  • @joshconsultancy
    @joshconsultancy  2 ปีที่แล้ว +2

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  • @AhWing89
    @AhWing89 2 ปีที่แล้ว +1

    Thanks for your great video.

    • @user-ee3hm2vm7d
      @user-ee3hm2vm7d 2 ปีที่แล้ว

      ◾ᴛʜᴀɴᴋs ғᴏʀ ᴄᴏᴍᴍᴇɴᴛɪɴɢ , ᴍᴀᴋᴇ ᴀ ɴᴏᴛᴇ ,ʀᴇɢᴀʀᴅɪɴɢ ʙᴛᴄ/ᴇᴛʜ ɪɴᴠᴇsᴛᴍᴇɴᴛ ɪᴅᴇᴀs ɪɴ ᴏᴛʜᴇʀ ᴛᴏ ᴍᴀᴋᴇ ᴘʀᴏғɪᴛᴀʙʟᴇ ɪɴᴄᴏᴍᴇ........

    • @user-ee3hm2vm7d
      @user-ee3hm2vm7d 2 ปีที่แล้ว

      人人人十 𝟏𝟐𝟎𝟓𝟖𝟔𝟔𝟎𝟑𝟐𝟖人人每人....

  • @stephenhall4115
    @stephenhall4115 2 ปีที่แล้ว +1

    Thanks.

    • @user-ee3hm2vm7d
      @user-ee3hm2vm7d 2 ปีที่แล้ว

      ◾ᴛʜᴀɴᴋs ғᴏʀ ᴄᴏᴍᴍᴇɴᴛɪɴɢ , ᴍᴀᴋᴇ ᴀ ɴᴏᴛᴇ ,ʀᴇɢᴀʀᴅɪɴɢ ʙᴛᴄ/ᴇᴛʜ ɪɴᴠᴇsᴛᴍᴇɴᴛ ɪᴅᴇᴀs ɪɴ ᴏᴛʜᴇʀ ᴛᴏ ᴍᴀᴋᴇ ᴘʀᴏғɪᴛᴀʙʟᴇ ɪɴᴄᴏᴍᴇ........

    • @user-ee3hm2vm7d
      @user-ee3hm2vm7d 2 ปีที่แล้ว

      人人人十 𝟏𝟐𝟎𝟓𝟖𝟔𝟔𝟎𝟑𝟐𝟖人人每人....

  • @hokahhui6977
    @hokahhui6977 2 ปีที่แล้ว +1

    Great video again. Would love the video on portfolio rebalancing and love to hear the consideration to be taken for rebalancing. 😄

    • @joshconsultancy
      @joshconsultancy  2 ปีที่แล้ว

      Thank you. Vote noted!

    • @user-ee3hm2vm7d
      @user-ee3hm2vm7d 2 ปีที่แล้ว

      ◾ᴛʜᴀɴᴋs ғᴏʀ ᴄᴏᴍᴍᴇɴᴛɪɴɢ , ᴍᴀᴋᴇ ᴀ ɴᴏᴛᴇ ,ʀᴇɢᴀʀᴅɪɴɢ ʙᴛᴄ/ᴇᴛʜ ɪɴᴠᴇsᴛᴍᴇɴᴛ ɪᴅᴇᴀs ɪɴ ᴏᴛʜᴇʀ ᴛᴏ ᴍᴀᴋᴇ ᴘʀᴏғɪᴛᴀʙʟᴇ ɪɴᴄᴏᴍᴇ..........

    • @user-ee3hm2vm7d
      @user-ee3hm2vm7d 2 ปีที่แล้ว

      人人人十 𝟏𝟐𝟎𝟓𝟖𝟔𝟔𝟎𝟑𝟐𝟖人人每人..

  • @bitcoinjc
    @bitcoinjc ปีที่แล้ว

    Lovely video even when one applies it to Bitcoin. Thanks.

  • @cbllynn
    @cbllynn 2 ปีที่แล้ว +1

    Yes.. rebalancing of portfolio video will be good! Very clear delivery u have!

    • @joshconsultancy
      @joshconsultancy  2 ปีที่แล้ว

      Vote noted!

    • @user-ee3hm2vm7d
      @user-ee3hm2vm7d 2 ปีที่แล้ว

      ◾ᴛʜᴀɴᴋs ғᴏʀ ᴄᴏᴍᴍᴇɴᴛɪɴɢ , ᴍᴀᴋᴇ ᴀ ɴᴏᴛᴇ ,ʀᴇɢᴀʀᴅɪɴɢ ʙᴛᴄ/ᴇᴛʜ ɪɴᴠᴇsᴛᴍᴇɴᴛ ɪᴅᴇᴀs ɪɴ ᴏᴛʜᴇʀ ᴛᴏ ᴍᴀᴋᴇ ᴘʀᴏғɪᴛᴀʙʟᴇ ɪɴᴄᴏᴍᴇ..........

    • @user-ee3hm2vm7d
      @user-ee3hm2vm7d 2 ปีที่แล้ว

      人人人十 𝟏𝟐𝟎𝟓𝟖𝟔𝟔𝟎𝟑𝟐𝟖人人每人..

  • @jasonlim4512
    @jasonlim4512 2 ปีที่แล้ว +1

    yes pls. do a vid on rebalancing. ty

    • @joshconsultancy
      @joshconsultancy  2 ปีที่แล้ว

      Vote noted!

    • @user-ee3hm2vm7d
      @user-ee3hm2vm7d 2 ปีที่แล้ว

      ◾ᴛʜᴀɴᴋs ғᴏʀ ᴄᴏᴍᴍᴇɴᴛɪɴɢ , ᴍᴀᴋᴇ ᴀ ɴᴏᴛᴇ ,ʀᴇɢᴀʀᴅɪɴɢ ʙᴛᴄ/ᴇᴛʜ ɪɴᴠᴇsᴛᴍᴇɴᴛ ɪᴅᴇᴀs ɪɴ ᴏᴛʜᴇʀ ᴛᴏ ᴍᴀᴋᴇ ᴘʀᴏғɪᴛᴀʙʟᴇ ɪɴᴄᴏᴍᴇ..........

    • @user-ee3hm2vm7d
      @user-ee3hm2vm7d 2 ปีที่แล้ว

      人人人十 𝟏𝟐𝟎𝟓𝟖𝟔𝟔𝟎𝟑𝟐𝟖人人每人..

  • @Mattybull
    @Mattybull 2 ปีที่แล้ว +1

    Yes please share on rebalancing

    • @joshconsultancy
      @joshconsultancy  2 ปีที่แล้ว

      Vote noted!

    • @user-ee3hm2vm7d
      @user-ee3hm2vm7d 2 ปีที่แล้ว

      ◾ᴛʜᴀɴᴋs ғᴏʀ ᴄᴏᴍᴍᴇɴᴛɪɴɢ , ᴍᴀᴋᴇ ᴀ ɴᴏᴛᴇ ,ʀᴇɢᴀʀᴅɪɴɢ ʙᴛᴄ/ᴇᴛʜ ɪɴᴠᴇsᴛᴍᴇɴᴛ ɪᴅᴇᴀs ɪɴ ᴏᴛʜᴇʀ ᴛᴏ ᴍᴀᴋᴇ ᴘʀᴏғɪᴛᴀʙʟᴇ ɪɴᴄᴏᴍᴇ..........

    • @user-ee3hm2vm7d
      @user-ee3hm2vm7d 2 ปีที่แล้ว

      人人人十 𝟏𝟐𝟎𝟓𝟖𝟔𝟔𝟎𝟑𝟐𝟖人人每人..

  • @paulcheong365
    @paulcheong365 2 ปีที่แล้ว +1

    Thanks Josh. Yes please on a rebalancing video 👍

    • @joshconsultancy
      @joshconsultancy  2 ปีที่แล้ว

      Vote noted!

    • @user-ee3hm2vm7d
      @user-ee3hm2vm7d 2 ปีที่แล้ว

      ◾ᴛʜᴀɴᴋs ғᴏʀ ᴄᴏᴍᴍᴇɴᴛɪɴɢ , ᴍᴀᴋᴇ ᴀ ɴᴏᴛᴇ ,ʀᴇɢᴀʀᴅɪɴɢ ʙᴛᴄ/ᴇᴛʜ ɪɴᴠᴇsᴛᴍᴇɴᴛ ɪᴅᴇᴀs ɪɴ ᴏᴛʜᴇʀ ᴛᴏ ᴍᴀᴋᴇ ᴘʀᴏғɪᴛᴀʙʟᴇ ɪɴᴄᴏᴍᴇ..........

    • @user-ee3hm2vm7d
      @user-ee3hm2vm7d 2 ปีที่แล้ว

      人人人十 𝟏𝟐𝟎𝟓𝟖𝟔𝟔𝟎𝟑𝟐𝟖人人每人..

  • @anderson6379
    @anderson6379 2 ปีที่แล้ว +1

    Simply top notch lessons. Thank U Josh. Please can we have a lesson on portfolio rebalancing

    • @joshconsultancy
      @joshconsultancy  2 ปีที่แล้ว +1

      Thank you for the high praise =)

    • @user-ee3hm2vm7d
      @user-ee3hm2vm7d 2 ปีที่แล้ว

      ◾ᴛʜᴀɴᴋs ғᴏʀ ᴄᴏᴍᴍᴇɴᴛɪɴɢ , ᴍᴀᴋᴇ ᴀ ɴᴏᴛᴇ ,ʀᴇɢᴀʀᴅɪɴɢ ʙᴛᴄ/ᴇᴛʜ ɪɴᴠᴇsᴛᴍᴇɴᴛ ɪᴅᴇᴀs ɪɴ ᴏᴛʜᴇʀ ᴛᴏ ᴍᴀᴋᴇ ᴘʀᴏғɪᴛᴀʙʟᴇ ɪɴᴄᴏᴍᴇ..........

    • @user-ee3hm2vm7d
      @user-ee3hm2vm7d 2 ปีที่แล้ว

      人人人十 𝟏𝟐𝟎𝟓𝟖𝟔𝟔𝟎𝟑𝟐𝟖人人每人..

  • @Don96497
    @Don96497 2 ปีที่แล้ว

    Please do a re-balancing portfolio video. Thanks, and keep up the good work!

  • @boooliyooo
    @boooliyooo 2 ปีที่แล้ว +4

    set up your DCA principle.
    #1 - 1 entry per month, look at 1wk bar and find the best entry point.
    #2 - find your average entry price and gauge if the current entry price is optimal
    #3 - if possible, DCA the low, stop during high (look at your avg price).

    • @joshconsultancy
      @joshconsultancy  2 ปีที่แล้ว

      Ah... problem better to systemize and leave it alone. Good luck and bad luck will even out? Main thing is to remove the emotion

    • @boooliyooo
      @boooliyooo 2 ปีที่แล้ว

      @@joshconsultancy for the lazy yes its good.

    • @user-ee3hm2vm7d
      @user-ee3hm2vm7d 2 ปีที่แล้ว

      ◾ᴛʜᴀɴᴋs ғᴏʀ ᴄᴏᴍᴍᴇɴᴛɪɴɢ , ᴍᴀᴋᴇ ᴀ ɴᴏᴛᴇ ,ʀᴇɢᴀʀᴅɪɴɢ ʙᴛᴄ/ᴇᴛʜ ɪɴᴠᴇsᴛᴍᴇɴᴛ ɪᴅᴇᴀs ɪɴ ᴏᴛʜᴇʀ ᴛᴏ ᴍᴀᴋᴇ ᴘʀᴏғɪᴛᴀʙʟᴇ ɪɴᴄᴏᴍᴇ........

    • @user-ee3hm2vm7d
      @user-ee3hm2vm7d 2 ปีที่แล้ว

      人人人十 𝟏𝟐𝟎𝟓𝟖𝟔𝟔𝟎𝟑𝟐𝟖人人每人....

  • @AdiosFinance
    @AdiosFinance 2 ปีที่แล้ว +3

    Dca is definitely not for trading purposes, it's best to invest regularly at a fixed date and interval, removing market timing and emotion. Good video.

    • @user-ee3hm2vm7d
      @user-ee3hm2vm7d 2 ปีที่แล้ว

      ◾ᴛʜᴀɴᴋs ғᴏʀ ᴄᴏᴍᴍᴇɴᴛɪɴɢ , ᴍᴀᴋᴇ ᴀ ɴᴏᴛᴇ ,ʀᴇɢᴀʀᴅɪɴɢ ʙᴛᴄ/ᴇᴛʜ ɪɴᴠᴇsᴛᴍᴇɴᴛ ɪᴅᴇᴀs ɪɴ ᴏᴛʜᴇʀ ᴛᴏ ᴍᴀᴋᴇ ᴘʀᴏғɪᴛᴀʙʟᴇ ɪɴᴄᴏᴍᴇ..........

    • @user-ee3hm2vm7d
      @user-ee3hm2vm7d 2 ปีที่แล้ว

      人人人十 𝟏𝟐𝟎𝟓𝟖𝟔𝟔𝟎𝟑𝟐𝟖人人每人..

  • @redboy454545
    @redboy454545 2 ปีที่แล้ว +1

    Hey Josh! do you happen to have spotify? great channel!

    • @joshconsultancy
      @joshconsultancy  2 ปีที่แล้ว

      Yes but it's on THE JOSH TAN SHOW ►‌ NEW LIVE Q&A "The Josh Tan Show" On Personal Finance: th-cam.com/users/THEJOSHTANSHOW
      By Spotify - open.spotify.com/show/7Hdw7jmi6vLvTt7IQP9Bn3

    • @user-ee3hm2vm7d
      @user-ee3hm2vm7d 2 ปีที่แล้ว

      ◾ᴛʜᴀɴᴋs ғᴏʀ ᴄᴏᴍᴍᴇɴᴛɪɴɢ , ᴍᴀᴋᴇ ᴀ ɴᴏᴛᴇ ,ʀᴇɢᴀʀᴅɪɴɢ ʙᴛᴄ/ᴇᴛʜ ɪɴᴠᴇsᴛᴍᴇɴᴛ ɪᴅᴇᴀs ɪɴ ᴏᴛʜᴇʀ ᴛᴏ ᴍᴀᴋᴇ ᴘʀᴏғɪᴛᴀʙʟᴇ ɪɴᴄᴏᴍᴇ..........

    • @user-ee3hm2vm7d
      @user-ee3hm2vm7d 2 ปีที่แล้ว

      人人人十 𝟏𝟐𝟎𝟓𝟖𝟔𝟔𝟎𝟑𝟐𝟖人人每人..

  • @ngchongsin2009
    @ngchongsin2009 2 ปีที่แล้ว +1

    Yes

    • @user-ee3hm2vm7d
      @user-ee3hm2vm7d 2 ปีที่แล้ว

      ◾ᴛʜᴀɴᴋs ғᴏʀ ᴄᴏᴍᴍᴇɴᴛɪɴɢ , ᴍᴀᴋᴇ ᴀ ɴᴏᴛᴇ ,ʀᴇɢᴀʀᴅɪɴɢ ʙᴛᴄ/ᴇᴛʜ ɪɴᴠᴇsᴛᴍᴇɴᴛ ɪᴅᴇᴀs ɪɴ ᴏᴛʜᴇʀ ᴛᴏ ᴍᴀᴋᴇ ᴘʀᴏғɪᴛᴀʙʟᴇ ɪɴᴄᴏᴍᴇ..........

    • @user-ee3hm2vm7d
      @user-ee3hm2vm7d 2 ปีที่แล้ว

      人人人十 𝟏𝟐𝟎𝟓𝟖𝟔𝟔𝟎𝟑𝟐𝟖人人每人....

  • @lynnng6516
    @lynnng6516 2 ปีที่แล้ว +3

    Hi Josh, thanks for the great video! I was just wondering about DCA today and I wanted to ask - is it important to buy in at a fixed date of every month? Due to my schedule I am not able to keep to a certain date but it’s usually plus/minus 2-3 days. Will that impact my portfolio a lot since they say if you miss just 5 best days it already impacts your portfolio? I don’t time the market, it’s just that my schedule causes me to overlook it at times.
    Thanks as always! You, Kelvin and Chi Keng are my favourite TH-camrs and I always look forward to your videos!

    • @joshconsultancy
      @joshconsultancy  2 ปีที่แล้ว +3

      Thanks Lynn for the high praise. You may miss the best 5 days but you also may miss the worst 5 days. Fixed date automated is definitely fine. Take the emotion out and youd be fine long term =)

    • @lynnng6516
      @lynnng6516 2 ปีที่แล้ว

      @@joshconsultancy I definitely don’t have much emotions when it comes to market downturns.. in fact I’ve been hoping for it so I can snag as much as I can! Will be dropping you an email soon :) thanks for being awesome again!

    • @nightskyy81
      @nightskyy81 2 ปีที่แล้ว +2

      @@lynnng6516 Hi, commenting cos I feel the same way about downturn, but that is also an emotion by itself (at least for me). I keep feeling FOMO abt not taking larger positions but learning to keep my emotions in check and buy-in gradually.

    • @user-ee3hm2vm7d
      @user-ee3hm2vm7d 2 ปีที่แล้ว

      ◾ᴛʜᴀɴᴋs ғᴏʀ ᴄᴏᴍᴍᴇɴᴛɪɴɢ , ᴍᴀᴋᴇ ᴀ ɴᴏᴛᴇ ,ʀᴇɢᴀʀᴅɪɴɢ ʙᴛᴄ/ᴇᴛʜ ɪɴᴠᴇsᴛᴍᴇɴᴛ ɪᴅᴇᴀs ɪɴ ᴏᴛʜᴇʀ ᴛᴏ ᴍᴀᴋᴇ ᴘʀᴏғɪᴛᴀʙʟᴇ ɪɴᴄᴏᴍᴇ........

    • @user-ee3hm2vm7d
      @user-ee3hm2vm7d 2 ปีที่แล้ว

      人人人十 𝟏𝟐𝟎𝟓𝟖𝟔𝟔𝟎𝟑𝟐𝟖人人每人....

  • @nightskyy81
    @nightskyy81 2 ปีที่แล้ว +2

    "Slow and steady wins the race. The market is always there. Don't rush to build your position too quickly. Give yourself some time to acclimatize, and naturally you handle your emotions better, and see good results in your portfolio in the long term."
    Hey Josh. At the stage where I am rebuilding my investment portfolio, I can't help but get excited seeing the markets correcting like this. I felt really aligned with the statement about (re-)acclimatizing and handling my emotions. Cheers.

    • @joshconsultancy
      @joshconsultancy  2 ปีที่แล้ว

      Cheers too =) will text you

    • @user-ee3hm2vm7d
      @user-ee3hm2vm7d 2 ปีที่แล้ว

      ◾ᴛʜᴀɴᴋs ғᴏʀ ᴄᴏᴍᴍᴇɴᴛɪɴɢ , ᴍᴀᴋᴇ ᴀ ɴᴏᴛᴇ ,ʀᴇɢᴀʀᴅɪɴɢ ʙᴛᴄ/ᴇᴛʜ ɪɴᴠᴇsᴛᴍᴇɴᴛ ɪᴅᴇᴀs ɪɴ ᴏᴛʜᴇʀ ᴛᴏ ᴍᴀᴋᴇ ᴘʀᴏғɪᴛᴀʙʟᴇ ɪɴᴄᴏᴍᴇ..........

    • @user-ee3hm2vm7d
      @user-ee3hm2vm7d 2 ปีที่แล้ว

      人人人十 𝟏𝟐𝟎𝟓𝟖𝟔𝟔𝟎𝟑𝟐𝟖人人每人..

  • @kohjiarong6452
    @kohjiarong6452 ปีที่แล้ว

    Hi Josh, would you be able to advice how to DCA when budget is tight. There are various ETFs like S&P500 which are ~300 per share, and it seems difficult to DCA given my small budget. Assuming i only have $500 budget per month, should I simply purchase 1 share every month? Is this still effective DCA?

    • @joshconsultancy
      @joshconsultancy  ปีที่แล้ว

      Hi Jia Rong, small amount DCA consider buying into funds or robo portfolios

  • @dorothyew7156
    @dorothyew7156 2 ปีที่แล้ว +1

    I have been doing DCA..with some lump sum waiting for the dip but don't know when is the lowest.. should I increase DCA amount?

    • @joshconsultancy
      @joshconsultancy  2 ปีที่แล้ว +1

      You could BUT in a bear, it's unwise to cut

    • @user-ee3hm2vm7d
      @user-ee3hm2vm7d 2 ปีที่แล้ว

      ◾ᴛʜᴀɴᴋs ғᴏʀ ᴄᴏᴍᴍᴇɴᴛɪɴɢ , ᴍᴀᴋᴇ ᴀ ɴᴏᴛᴇ ,ʀᴇɢᴀʀᴅɪɴɢ ʙᴛᴄ/ᴇᴛʜ ɪɴᴠᴇsᴛᴍᴇɴᴛ ɪᴅᴇᴀs ɪɴ ᴏᴛʜᴇʀ ᴛᴏ ᴍᴀᴋᴇ ᴘʀᴏғɪᴛᴀʙʟᴇ ɪɴᴄᴏᴍᴇ..........

    • @user-ee3hm2vm7d
      @user-ee3hm2vm7d 2 ปีที่แล้ว

      人人人十 𝟏𝟐𝟎𝟓𝟖𝟔𝟔𝟎𝟑𝟐𝟖人人每人..

  • @MorganZhangMY
    @MorganZhangMY 2 ปีที่แล้ว +1

    Is there a regular savings/investment plan on a weekly or daily basis to invest in the indexes or stocks?

    • @joshconsultancy
      @joshconsultancy  2 ปีที่แล้ว +2

      Ive this tutorial that may fit. It explains weekly regular investing Syfe Equity100 Review! 🔥Best way you can dollar cost average (DCA) into global equities? th-cam.com/video/GI5h7AX9SvA/w-d-xo.html

    • @user-ee3hm2vm7d
      @user-ee3hm2vm7d 2 ปีที่แล้ว

      ◾ᴛʜᴀɴᴋs ғᴏʀ ᴄᴏᴍᴍᴇɴᴛɪɴɢ , ᴍᴀᴋᴇ ᴀ ɴᴏᴛᴇ ,ʀᴇɢᴀʀᴅɪɴɢ ʙᴛᴄ/ᴇᴛʜ ɪɴᴠᴇsᴛᴍᴇɴᴛ ɪᴅᴇᴀs ɪɴ ᴏᴛʜᴇʀ ᴛᴏ ᴍᴀᴋᴇ ᴘʀᴏғɪᴛᴀʙʟᴇ ɪɴᴄᴏᴍᴇ..........

    • @user-ee3hm2vm7d
      @user-ee3hm2vm7d 2 ปีที่แล้ว

      人人人十 𝟏𝟐𝟎𝟓𝟖𝟔𝟔𝟎𝟑𝟐𝟖人人每人..

    • @MorganZhangMY
      @MorganZhangMY 2 ปีที่แล้ว

      @@joshconsultancy thanks Josh :)

  • @keehc6534
    @keehc6534 2 ปีที่แล้ว

    How do I do cost averaging if the platform I am using does not permit buying fractional shares?

    • @joshconsultancy
      @joshconsultancy  2 ปีที่แล้ว

      DCA into funds easiest. It can be automated without making market orders

  • @gparamaeswary7276
    @gparamaeswary7276 2 ปีที่แล้ว +1

    Singapore banks?
    Are they overvalued?
    What about regional banks ETF listed in US.
    KRE

    • @joshconsultancy
      @joshconsultancy  2 ปีที่แล้ว +1

      I Still love singapore banks =)

    • @user-ee3hm2vm7d
      @user-ee3hm2vm7d 2 ปีที่แล้ว

      ◾ᴛʜᴀɴᴋs ғᴏʀ ᴄᴏᴍᴍᴇɴᴛɪɴɢ , ᴍᴀᴋᴇ ᴀ ɴᴏᴛᴇ ,ʀᴇɢᴀʀᴅɪɴɢ ʙᴛᴄ/ᴇᴛʜ ɪɴᴠᴇsᴛᴍᴇɴᴛ ɪᴅᴇᴀs ɪɴ ᴏᴛʜᴇʀ ᴛᴏ ᴍᴀᴋᴇ ᴘʀᴏғɪᴛᴀʙʟᴇ ɪɴᴄᴏᴍᴇ........

    • @user-ee3hm2vm7d
      @user-ee3hm2vm7d 2 ปีที่แล้ว

      人人人十 𝟏𝟐𝟎𝟓𝟖𝟔𝟔𝟎𝟑𝟐𝟖人人每人....

  • @taa3436
    @taa3436 ปีที่แล้ว

    When to exit a dca position? Any advise?

    • @joshconsultancy
      @joshconsultancy  ปีที่แล้ว

      DCA is best as a broad based accumulation strategy which means exit is decumulation in retirement.
      On the other hand, for stocks it should be based on company changes. Check this th-cam.com/users/shorts103Q2gvg64E?feature=share

  • @superjames3556
    @superjames3556 2 ปีที่แล้ว +4

    i think it depends on the emotional calmness of the investor between buying manually vs periodic buying. Sharp drops happen frequently during this bear market and actually in a short span of 1 or 2 days.
    From Jan when i see the Fed's planned interest rate adjustments due to inflation, I am already expecting a bear market for large parts of 2022. I have been DCAing downwards for every 10-20% drop in the bear market for those fundamentally good growth companies that I foresee that will do well in the long run instead of doing a periodical investment. It just takes a bit of effort for over 2 weeks or less to monitor the decline whenever I am buying in but it is worth the effort since we do not know how long the bear market will last. So far, i have avoided purchasing for any temporary spike to bring down the cost of my portfolio and will continue my DCA with every major drop.

    • @joshconsultancy
      @joshconsultancy  2 ปีที่แล้ว

      Its hard to proof that DCA automatically is inferior to an approach that monitors 10-20% drop to enter because in a bear, both will pick some up at low points. But if you've success in your method no probs also

    • @superjames3556
      @superjames3556 2 ปีที่แล้ว

      @@joshconsultancy it is about consistently averaging down the costs with every purchase in a sustained bear market. The issue when it is done automatically is when it places a order when there is a surge on that day. I think you have seen it in your Alibaba portfolio where it did not buy in at the worst dip of 70+.
      My DCAing has decreased in frequency to once a month or every 2 months and increasing my value each time when the dip increases. So far, it is working really well as the costs of my portfolio has been decreasing and i have more ammunition to buy more shares at cheaper prices as the market continues to fall even though the companies are still fundamentally strong.
      This really works in such volatile market where there are more bad news every other day for such a sustained period of time with all the war, interest rate hike news flying around, recession etc.

    • @user-ee3hm2vm7d
      @user-ee3hm2vm7d 2 ปีที่แล้ว

      ◾ᴛʜᴀɴᴋs ғᴏʀ ᴄᴏᴍᴍᴇɴᴛɪɴɢ , ᴍᴀᴋᴇ ᴀ ɴᴏᴛᴇ ,ʀᴇɢᴀʀᴅɪɴɢ ʙᴛᴄ/ᴇᴛʜ ɪɴᴠᴇsᴛᴍᴇɴᴛ ɪᴅᴇᴀs ɪɴ ᴏᴛʜᴇʀ ᴛᴏ ᴍᴀᴋᴇ ᴘʀᴏғɪᴛᴀʙʟᴇ ɪɴᴄᴏᴍᴇ..........

    • @user-ee3hm2vm7d
      @user-ee3hm2vm7d 2 ปีที่แล้ว

      人人人十 𝟏𝟐𝟎𝟓𝟖𝟔𝟔𝟎𝟑𝟐𝟖人人每人..

  • @wingchongchan1681
    @wingchongchan1681 2 ปีที่แล้ว +1

    Do you do mark-to-market for your portfolio and do you factor that into your investment decisions?

    • @joshconsultancy
      @joshconsultancy  2 ปีที่แล้ว

      Towards DCA? No need. Probably better to avoid micromanaging the DCA? Btw have you seen REVEALING My Investment Portfolio Allocation | What Have I Been Investing Into 2022 th-cam.com/video/SaqoslT0Xe4/w-d-xo.html Cya around

    • @user-ee3hm2vm7d
      @user-ee3hm2vm7d 2 ปีที่แล้ว

      ◾ᴛʜᴀɴᴋs ғᴏʀ ᴄᴏᴍᴍᴇɴᴛɪɴɢ , ᴍᴀᴋᴇ ᴀ ɴᴏᴛᴇ ,ʀᴇɢᴀʀᴅɪɴɢ ʙᴛᴄ/ᴇᴛʜ ɪɴᴠᴇsᴛᴍᴇɴᴛ ɪᴅᴇᴀs ɪɴ ᴏᴛʜᴇʀ ᴛᴏ ᴍᴀᴋᴇ ᴘʀᴏғɪᴛᴀʙʟᴇ ɪɴᴄᴏᴍᴇ........

    • @user-ee3hm2vm7d
      @user-ee3hm2vm7d 2 ปีที่แล้ว

      人人人十 𝟏𝟐𝟎𝟓𝟖𝟔𝟔𝟎𝟑𝟐𝟖人人每人....

  • @theseira
    @theseira 2 ปีที่แล้ว +1

    A lot of people are DCA into Tesla during the boom. Wonder how they going now.

    • @joshconsultancy
      @joshconsultancy  2 ปีที่แล้ว

      They've been through many ups and downs. Hopefully theres a good restrain on greed and fear

    • @user-ee3hm2vm7d
      @user-ee3hm2vm7d 2 ปีที่แล้ว

      ◾ᴛʜᴀɴᴋs ғᴏʀ ᴄᴏᴍᴍᴇɴᴛɪɴɢ , ᴍᴀᴋᴇ ᴀ ɴᴏᴛᴇ ,ʀᴇɢᴀʀᴅɪɴɢ ʙᴛᴄ/ᴇᴛʜ ɪɴᴠᴇsᴛᴍᴇɴᴛ ɪᴅᴇᴀs ɪɴ ᴏᴛʜᴇʀ ᴛᴏ ᴍᴀᴋᴇ ᴘʀᴏғɪᴛᴀʙʟᴇ ɪɴᴄᴏᴍᴇ..........

    • @user-ee3hm2vm7d
      @user-ee3hm2vm7d 2 ปีที่แล้ว

      人人人十 𝟏𝟐𝟎𝟓𝟖𝟔𝟔𝟎𝟑𝟐𝟖人人每人..

  • @evegame7744
    @evegame7744 ปีที่แล้ว

    For DCA, a old fren ask me, he have $30K to invest in ETF and he is going to retire in 5 years time, for DCA to work, does he has to spread the 30K he's going to invest into 60 mths or spread it within 12 mths ? Which is preferable. Since he is going to retire in 5 years time, i unable to give a straight answer 😅

    • @joshconsultancy
      @joshconsultancy  ปีที่แล้ว

      The first issue to tackle is retiring in 5 years time. It doesn’t mean once retire sell portfolio. Hold assets like equities even in retirement. Coz it produces dividend income.
      That part need to understand first 👌🏻

  • @GauthierBitBank
    @GauthierBitBank 2 ปีที่แล้ว +1

    hello

  • @ahheng3837
    @ahheng3837 2 ปีที่แล้ว +1

    Do u think that investing in currency is wise seeing that ringgit and yen is dropping drastically these days?

    • @joshconsultancy
      @joshconsultancy  2 ปีที่แล้ว

      Hmm. I see currency is a zero sum game

    • @user-ee3hm2vm7d
      @user-ee3hm2vm7d 2 ปีที่แล้ว

      ◾ᴛʜᴀɴᴋs ғᴏʀ ᴄᴏᴍᴍᴇɴᴛɪɴɢ , ᴍᴀᴋᴇ ᴀ ɴᴏᴛᴇ ,ʀᴇɢᴀʀᴅɪɴɢ ʙᴛᴄ/ᴇᴛʜ ɪɴᴠᴇsᴛᴍᴇɴᴛ ɪᴅᴇᴀs ɪɴ ᴏᴛʜᴇʀ ᴛᴏ ᴍᴀᴋᴇ ᴘʀᴏғɪᴛᴀʙʟᴇ ɪɴᴄᴏᴍᴇ........

    • @user-ee3hm2vm7d
      @user-ee3hm2vm7d 2 ปีที่แล้ว

      人人人十 𝟏𝟐𝟎𝟓𝟖𝟔𝟔𝟎𝟑𝟐𝟖人人每人....

  • @keehc6534
    @keehc6534 2 ปีที่แล้ว +1

    Can i do cost averaging for S&P 500 on moomoo?

    • @joshconsultancy
      @joshconsultancy  2 ปีที่แล้ว +1

      If not wrong cannot (yet). Robo portfolios can. Check Syfe Equity100 Review! 🔥Best way you can dollar cost average (DCA) into global equities? th-cam.com/video/GI5h7AX9SvA/w-d-xo.html

    • @user-ee3hm2vm7d
      @user-ee3hm2vm7d 2 ปีที่แล้ว

      ◾ᴛʜᴀɴᴋs ғᴏʀ ᴄᴏᴍᴍᴇɴᴛɪɴɢ , ᴍᴀᴋᴇ ᴀ ɴᴏᴛᴇ ,ʀᴇɢᴀʀᴅɪɴɢ ʙᴛᴄ/ᴇᴛʜ ɪɴᴠᴇsᴛᴍᴇɴᴛ ɪᴅᴇᴀs ɪɴ ᴏᴛʜᴇʀ ᴛᴏ ᴍᴀᴋᴇ ᴘʀᴏғɪᴛᴀʙʟᴇ ɪɴᴄᴏᴍᴇ........

    • @user-ee3hm2vm7d
      @user-ee3hm2vm7d 2 ปีที่แล้ว

      人人人十 𝟏𝟐𝟎𝟓𝟖𝟔𝟔𝟎𝟑𝟐𝟖人人每人....

  • @hanbasri3025
    @hanbasri3025 2 ปีที่แล้ว +2

    Rebalancing video please :)

    • @joshconsultancy
      @joshconsultancy  2 ปีที่แล้ว

      Vote noted =)

    • @user-ee3hm2vm7d
      @user-ee3hm2vm7d 2 ปีที่แล้ว

      ◾ᴛʜᴀɴᴋs ғᴏʀ ᴄᴏᴍᴍᴇɴᴛɪɴɢ , ᴍᴀᴋᴇ ᴀ ɴᴏᴛᴇ ,ʀᴇɢᴀʀᴅɪɴɢ ʙᴛᴄ/ᴇᴛʜ ɪɴᴠᴇsᴛᴍᴇɴᴛ ɪᴅᴇᴀs ɪɴ ᴏᴛʜᴇʀ ᴛᴏ ᴍᴀᴋᴇ ᴘʀᴏғɪᴛᴀʙʟᴇ ɪɴᴄᴏᴍᴇ..........

    • @user-ee3hm2vm7d
      @user-ee3hm2vm7d 2 ปีที่แล้ว

      人人人十 𝟏𝟐𝟎𝟓𝟖𝟔𝟔𝟎𝟑𝟐𝟖人人每人..

  • @TheHumbleChartist
    @TheHumbleChartist 2 ปีที่แล้ว +1

    People DCA buy on the way down, somehow, these people don't DCA sell on the way up..hmm

    • @joshconsultancy
      @joshconsultancy  2 ปีที่แล้ว

      We dunno whether its down or up next month so just set it and let it work out. And in this climate now, buying dips is likely to be too emotional

    • @mkmk8896
      @mkmk8896 2 ปีที่แล้ว

      @@joshconsultancy Maybe can work for index funds. may not work for some stocks as they may not come back for a long long time.

    • @user-ee3hm2vm7d
      @user-ee3hm2vm7d 2 ปีที่แล้ว

      ◾ᴛʜᴀɴᴋs ғᴏʀ ᴄᴏᴍᴍᴇɴᴛɪɴɢ , ᴍᴀᴋᴇ ᴀ ɴᴏᴛᴇ ,ʀᴇɢᴀʀᴅɪɴɢ ʙᴛᴄ/ᴇᴛʜ ɪɴᴠᴇsᴛᴍᴇɴᴛ ɪᴅᴇᴀs ɪɴ ᴏᴛʜᴇʀ ᴛᴏ ᴍᴀᴋᴇ ᴘʀᴏғɪᴛᴀʙʟᴇ ɪɴᴄᴏᴍᴇ........

    • @user-ee3hm2vm7d
      @user-ee3hm2vm7d 2 ปีที่แล้ว

      人人人十 𝟏𝟐𝟎𝟓𝟖𝟔𝟔𝟎𝟑𝟐𝟖人人每人....