DCA, even in small amounts, can be an effective investing tactic.
“For medium to long-term goals, dollar cost averaging is a valuable strategy to ensure that you’re investing consistently toward a goal and hopefully benefiting from purchases at both higher and lower trading prices. As they say, it’s not about timing the market, but time in the market,” says Tara Falcone, CFA, CFP, founder and CEO of Reason, a goal-based investing app. DCA, even in small amounts, can be an effective investing tactic.