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
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