tag:blogger.com,1999:blog-5465015914589377788.post3889258660974105877..comments2024-03-20T09:32:16.592-04:00Comments on Michael James on Money: Value AveragingMichael Jameshttp://www.blogger.com/profile/10362529610470788243noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-5465015914589377788.post-84022889895680030082020-11-14T17:35:03.046-05:002020-11-14T17:35:03.046-05:00I think any attempt to time market is futile. VA i...I think any attempt to time market is futile. VA is nonsense squared by the reasons you described. IMHO, DCA has phycological value, but no guaranteed financial value. AnatoliNhttps://www.blogger.com/profile/07937984526970646627noreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-14924787417404135012020-11-13T16:16:48.650-05:002020-11-13T16:16:48.650-05:00Hi AnatoliN,
I'm not sure if you meant to wri...Hi AnatoliN,<br /><br />I'm not sure if you meant to write that VA is nonsense or if you're not a fan of DCA either. I think DCA is certainly fine when it has you investing your periodic savings immediately. It can also be OK for those wanting to ease a lump sum into the market but are very nervous about investing it all at a bad time. It's true that you're probably better off investing a lump sum all at once, but if this paralyzes an investor, then DCA is better than not investing at all.Michael Jameshttps://www.blogger.com/profile/10362529610470788243noreply@blogger.comtag:blogger.com,1999:blog-5465015914589377788.post-1358693835159505852020-11-13T15:47:26.235-05:002020-11-13T15:47:26.235-05:00Thank you Michael for confirming results of my ama...Thank you Michael for confirming results of my amateurish games with Excel that brought me to exactly the same conclusion: DCA is nonsense. <br />Any deviation from 'invest all you can as soon as you can' periodic investment strategy is an attempt to time the market.AnatoliNhttps://www.blogger.com/profile/07937984526970646627noreply@blogger.com