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Dollar Cost Averaging - A Strategy For Making The Most Out Of Fluctuating Gold Prices - Perth Mint Blog -

Dollar cost averaging is a rather dumb and limp wristed strategy (for company shares)
Eg you decide to buy XYZ co.
You buy 1 lot at 10.00. Surprise...it goes to 12.50. Oh he buys again next month. Bingo...company announcement...20,000,000 Ounces Gold discovery!!
Shares rocket to 37.60 by end of next month. Thats too dear you say,ill wait till next month ,bound to come back. Sorry, their $38.50 etcera
You get shafted and hopefully you get my drift with this comment. If not...Do Not Do It.
Why, because you may lose everything.There is nothing stopping a company share price falling to ZERO or at least to a level below your loss-making stress level.

Simply go all in. Set a stop.
If that happens you should have at least 98% of your capital left to fight again another day.

Commented 4650 days ago

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Beginning of the headline :Dollar cost averaging is a strategy that lessens the risk of investing a large amount in a single investment or portfolio at the wrong time. It is especially worth considering when markets are volatile. This recent blog post by precious metal experts APMEX explains the fundamentals of dollar cost averaging as a way to avoid mistiming your entry into the market... Read More

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