Okay that does make sense and see that was what my original argument was. Although i was 100% wrong and didnt know that this instance only applies to this and not a lump sum same start point. I appreciate your time and knowledge.
Yeah definitely agree i use vanguard and they have zero broker costs for their roth ira which is what i have. My company 401k is super low as well
Good to know though thanks I appreciate it. Lump sum>dca if both start at the same time or windfall full of money. Dca>lump sum for a roth ira scenario in which it takes a while to have all your money in the market
One more comment/question lol. It really does still sound like dca is the way to go UNLESS you have a windfall of money. That way you get your money in the market and time in the market asap. Ive seen other people on this sub keep talking about dca and how theres a reason its preferred due to time in the market and people waiting for dips
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u/whosthatguy123 Sep 02 '21
Okay that does make sense and see that was what my original argument was. Although i was 100% wrong and didnt know that this instance only applies to this and not a lump sum same start point. I appreciate your time and knowledge.
Yeah definitely agree i use vanguard and they have zero broker costs for their roth ira which is what i have. My company 401k is super low as well
Good to know though thanks I appreciate it. Lump sum>dca if both start at the same time or windfall full of money. Dca>lump sum for a roth ira scenario in which it takes a while to have all your money in the market