How to setup Dollar Cost Averaging
Тәжірибелік нұсқаулар және стиль
In this video I discuss Dollar Cost Averaging (DCA), why you might consider it and how to get it setup through your broker. Sign up to my newsletter: sanjee.substack.com
My other videos:
How to Buy Shares: kzread.info/dash/bejne/YoCBwZOtn82Xg5M.html
Time stamps:
0:00 - Intro
0:20 - What is DCA
0:55 - Benefits of DCA
2:30 - Points to consider
4:08 - Ways to setup DCA
5:09 - DCA through your broker
5:58 - Other DCA options
Join me on other social channels:
Instagram: sanjee_investing
My website: www.sanjeesen.com/
Great books for sorting out your money:
Barefoot Investor: amzn.to/3uoW5ml
She’s on the money: amzn.to/3GtbDrE
Sort your money out: amzn.to/3gmkII6
Get started investing: amzn.to/34kgZbx
Retirement made simple: amzn.to/3gqdMcX
My setup (Australian Amazon Affiliate links):
Canon 80d camera and lens: amzn.to/2He8SS6
Rode Main mic: amzn.to/3t1F2Uk
Rode mic (lapel): amzn.to/2TdeDBX
Useful links:
Australian Government website on personal finances: moneysmart.gov.au
Disclaimer:
The information provided in this video is general in nature only and does not constitute personal financial advice. You should also consider seeking the advice of an investment advisor who holds an Australian financial services (AFS) licence or is a representative of an AFS licensee. Be sure to work with someone who understands your investment objectives and tolerance for risk. Your investment advisor should understand these products, be able to explain whether or how they fit with your objectives, and be willing to monitor your investment alongside you. There are some Amazon Affiliate links above - if you purchase from there, at no additional cost to you, I will earn a small commission for each sale.
Пікірлер: 15
Another great video Sanjee! You’re right that in that most people might already be DCAing. I already have quite a large position in VAS & want 50:50 allocation with IVV, so I’m DCAing $1-2k a month into IVV. Also reinvesting quarterly VAS into IVV (or possibly VGS).
I like the hunt for the best price shares, for me it’s fun and makes it more enjoyable. If I enjoy it then I will want to keep investing. But I have used this method when making a first purchase just to get in
Good to see you doing regular videos brother. Bless up.
@SanjeeSen
8 ай бұрын
Thanks! Yeah slowly trying to get back into it 🙂
Hi Sanjee... I do DCA manually as you said in the video, for example, transfer money and buy ETFs. However, I am trying to invest through VPI platform and they do have an option for Autoinvest. Need to try it before I can comment about it.
Another classic
@SanjeeSen
8 ай бұрын
We’re just going from strength to strength!
Great vid mate. I do it manually 3x times a month based on % of income
@SanjeeSen
8 ай бұрын
Thanks Robert and thanks for sharing your strategy.
DCA: Commsec Pocket even though there are only a few options. NDQ included
@SanjeeSen
8 ай бұрын
NDQ is the one that got away for me!
@sungjinpark3374
7 ай бұрын
@@SanjeeSen what does this mean Sanjee?
@meredithjohns
4 ай бұрын
Hi Sanjee, I see your comment only now. 😂 I suppose you can still buy ndq and still benefit from it. I just started only 3 months ago and I think it is a good option. 🙂
I use DCA. Stake is a best 👍👍
@SanjeeSen
8 ай бұрын
I love their Black and White theme!