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Ann: Quarterly Update, page-382

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  1. 2,952 Posts.
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    https://hotcopper.com.au/posts/48135554

    @eric341

    Dollar cost averaging is an effective way of accumulating, and can result in a lower average compared to just going "all in " with a single purchase, and PRAYING you bought at the bottom, and then WISHING you had more cash to buy more after it falls. In fact, with a volatile stock such as this, it is a wiser way to purchase IMO. Not sure about your "Gamblers Ruin" statement. Just trying create some fear?


    Last edited by TomMorley: 16/10/20
 
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