I just finished my scheduled investment deposits, and then I saw a headline saying, “It may face pressure until December.” Instead of panicking, I felt relieved. The buy from last Thursday was right near the steep drop, and looking back now, there’s nothing particularly unusual—keep doing it as planned, and go get some rest.
The most valuable thing about dollar-cost averaging isn’t hitting the absolute bottom. It’s that the system makes the decision for you. If you get itchy and act on impulse, your plan falls apart. I’m still in the stage of building up my principal—if the market drops for longer, it might not be a bad thing.
When you see headlines like this, do you think about pausing your DCA, or do you just carry on like me pretending nothing happened?
The most valuable thing about dollar-cost averaging isn’t hitting the absolute bottom. It’s that the system makes the decision for you. If you get itchy and act on impulse, your plan falls apart. I’m still in the stage of building up my principal—if the market drops for longer, it might not be a bad thing.
When you see headlines like this, do you think about pausing your DCA, or do you just carry on like me pretending nothing happened?
