Page 83 - Intelligent Investing (3)
P. 83
DCA Examples
● The most commonly used account with dollar cost averaging is
retirement/401k/IRA’s
● They have monthly or bi weekly contributions regardless of market price
● Index/mutual funds are another example
○ If your looking to build wealth without doing the work required for investing in individual stocks
you can regularly invest in funds to build wealth
○ This is a longer road to wealth building however funds are far less volatile than individual
stocks because your invested in multiple companies rather than 1
○ Index/mutual funds can be bought in accounts such as Individual/Roth/IRA
● Investing $100/month into Stock X