Cost averaging works best when the price is dropping. It helps you to correct the purchase price so you go into profit sooner. On the way up, it increases your average cost. I have done it but you have to watch it because a drop puts you in the red faster. Hope you are over your cold.
You are viewing a single comment's thread from:
Even if the price is dropping or going up, if the DCA-ing is done constantly and with a long term plan, it's hard to get it wrong.