3350: Dollar Cost Averaging by Ramit Sethi of I Will Teach You To Be Rich on Smart and Steady Investing

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 3350: Ramit Sethi breaks down dollar-cost averaging as a smart way to invest consistently over time without trying to time the market. He explains how this strategy can protect against volatility, while also comparing it to lump-sum investing, which often yields higher returns, but not without emotional trade-offs. Sethi also provides a practical guide for building an index fund portfolio from scratch, even on a limited budget. Read along with the original article(s) here: https://www.iwillteachyoutoberich.com/blog/dollar-cost-averaging/ Quotes to ponder: "Investing isn’t a race, you don’t need a perfect asset allocation tomorrow." “Your asset allocation determines how much money you invest in different areas.” “Spend less than you make and invest the difference.” Episode references: VTSAX (Vanguard Total Stock Market Index Fund): https://investor.vanguard.com/investment-products/mutual-funds/profile/vtsax Vanguard Target Retirement 2050 Fund (VFIFX): https://investor.vanguard.com/investment-products/mutual-funds/profile/vfifx Learn more about your ad choices. Visit megaphone.fm/adchoices