Quote:
Originally Posted by retiredguy123
If dollar cost averaging is your goal, I think that setting up an automatic monthly transfer of a fixed amount (or percentage amount) from a cash account to a stock fund would work better. With a stock fund, you never know how much the dividends will be, and, sometimes, when they will come. And, they are not always based on the total value of the fund.
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Not exactly my goal but if you are going to be a consistent long term investor (which I generally am) best to not try and time the market but to keep investing. Do not always do this by equal amounts but dollar cost average is an efficient way to invest as a long term investor