Dollar Cost Averaging Pros & Cons
from Ideal Life & Money Academy Hosted by Mike Staunton & Jason Lam
✅ Is it better to put money into investments in a lump sum, or over time? What about when you take money out in retirement? 👇👇 @IdealLifeMoneyAcademy 🙏🙏 Watch The Video & Don’t Forget to Like, Comment, Subscribe, & Share 🧡 💠 DCA = Dollar Cost Averaging 💠 It is a great way to invest as you get paid regularly (monthly or every two weeks). Take a percentage of your pay put that towards your investments with every paycheck! 💠 Coach Mike loves throwing the lump sum at the beginning of the year because that money has more time in the market. And he only has to make the choice one time at the beginning of the year. There is less chance to skip a month for that new thing he wants to purchase. 💠These pros and cons are also true when it comes to the de-accumulation of retirement investing. 💠 Be sure to check out the ILMA Investing Course to start investing years sooner: 👉 https://www.sentinelcoaching.com/investing 💠 Don't forget to subscribe to ILMA for weekly content to get you to start living your Ideal Life!!
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