$MAYBANK (1155.MY)$ I originally planned to start dollar-cos...
$MAYBANK (1155.MY)$ I originally planned to start dollar-cost averaging after starting work, but as soon as I received my salary, both Maybank and RHB went all green... What should I do?
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105934572 : Does dollar-cost averaging require considering the price level?
HelloWhySoWeak : probably you dont understand enough the purpose of DCA
104703786 : Save it for now, keep an eye on a few companies, and only buy when the price is low. No need to invest at fixed intervals. This is just my personal opinion.
流浪记 OP 105934572 : It once reached a high of 11 yuan. With so many uncertainties in the new year, who knows if it might drop back to 9.5 yuan, leading to a loss in share price.
股股下 : Dollar-cost averaging doesn’t require you to worry about price! Now you have two options: invest a fixed amount monthly and don’t check it constantly, or save your money first and invest it all at once when there’s a major market drop. You’ve just started working, so you must be quite young, right? When you’re young, you have plenty of time and capital!
股股下 流浪记 OP : Perhaps you don't understand the meaning of dollar-cost averaging! No one knows whether the market will rise or fall next month! Even if it falls to 9.50 next month (which I think is very unlikely), it doesn’t matter! Because you are doing dollar-cost averaging! The current price is 11, and buying at 9.50 next month would bring the average cost down to 10.25! If the following month it remains at 9.50, your average cost will drop further to 9.875! The key question is whether you trust Maybank!![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
105934572 : When you say you want to invest in fixed deposits but are afraid of buying at a high point, it shows that you don't understand what fixed deposits are.
103936495 : No matter the price, just buy. Purchase every month, whether the price is high or low.
俊J : When you say you want to invest regularly but are afraid of buying at a high point, it shows you don't really understand what regular investing is.