Great video with clear examples! 😃👌 I use dollar cost averaging often and it is one of my strategies to help me in my stock market challenge to build a quarter of a million dollare.
@@financemadesimple-personal2086 Thanks so much! I really appreciate that. Yeah I hope so too, I want to educate people on the world on finance to improve their financial futures!
Hello! How are you? I had a question? the question is 1st/ Let's say the price of a share was 20$. I bought 5 shares for 20$ 2nd/ The share price fell to $15. At 15$ I bought 6.66 shares 3rd/ Then after falling again to 10$ I bought 10 shares at 10$ 4th/ Then it came down to 7$ from here too. At 7$ I bought 14.28 shares again 5th/ From here the last came down to 5$ after that I bought 25 shares for 5$ The question is, the last price has dropped to $5 from the price I bought it at first, now the question is if I do dca, in which process (average price) is (very) close to the last price. Please tell me I will be very helpful! Similarly, from the opposite direction, DCA can be done between (last) and (first) price so that the average price is very close to (first) price.
Do you dollar cost average in your portfolio?
Yes, very often 🙂👍🏻
Great video with clear examples! 😃👌 I use dollar cost averaging often and it is one of my strategies to help me in my stock market challenge to build a quarter of a million dollare.
Awesome! Good stuff! Good luck on your journey to $250,000!
wow. this is the clearest way I've seen this explained, thank you!! I'm learning so much. Also, I really like your channel name, very clever.
Awesome! I’m happy to hear you learned something! Thanks so much! :)
Solid video! I'm currently doing this with a few of my accounts.
Awesome! Me too!
Great method and its reduces headache
Agreed!
DCA is a great way for long-term investing! Awesome video, like #27!
Agreed! I think DCA is a super effective and do-able strategy! Thanks!
My fav type of investing, great vid bro
Same! Thanks!
Good info, I would rather invest regularly instead of saving up in attempts to time the market.
Me too!
@@Rynance I hope people pay attention to the info you put out, its really important.
@@financemadesimple-personal2086 Thanks so much! I really appreciate that. Yeah I hope so too, I want to educate people on the world on finance to improve their financial futures!
This is so informative 👏 had to join to learn more
Great! Thanks!
DCA is my go to strategy. Well done! Solid video my friend. Big liked #13. Aloha 🤙
Appreciated!
Great explanation. The system works. I know, from my own experience.
Yes it does! It takes time and consistency but it works!
Like #2 👍 This week I bought into 🌎13 🌱❤️
Thanks for the support Nora!
Wonderful Explained
Thank You
I use this method for my Roth IRA!
Awesome! Perfect for long term accounts like the Roth IRA!
This is so important for long term wealth creation. Another great video!
Yes it is! Thanks!
I'm putting it to test and it is working wonders so far! Thanks for a great breakdown!
Good to hear! Keep on going with it!
I have started to dollar cost average, great explanation!
Nice! Thanks for checking it out!
I just recently learned about this. Great video breakdown!
Thanks!
Great video mate!
Thanks!
I just found your channel, its now my favorite. Good job and thanks for the simple explanation and easy to understand videos.
This is the exact video I wanted. Thank you.
Dollar cost averaging is the best way to invest!
I'm with ya on that one!
Great explanation! Awesome content 😎😎
I really appreciate that Lusiano!
Thanks!
Hello! How are you? I had a question? the question is
1st/
Let's say the price of a share was 20$.
I bought 5 shares for 20$
2nd/
The share price fell to $15.
At 15$ I bought 6.66 shares
3rd/
Then after falling again to 10$
I bought 10 shares at 10$
4th/
Then it came down to 7$ from here too.
At 7$ I bought 14.28 shares
again
5th/
From here the last came down to 5$ after that
I bought 25 shares for 5$
The question is, the last price has dropped to $5 from the price I bought it at first, now the question is if I do dca, in which process (average price) is (very) close to the last price.
Please tell me I will be very helpful!
Similarly, from the opposite direction, DCA can be done between (last) and (first) price so that the average price is very close to (first) price.