[hinkley]

This is unfortunately not how DCA was explained to me. If you had extra money during the dot-com boom, you were probably taught that investing $400 a month in a fixed set of commodities was dollar cost averaging.

It was almost ten years later that I encountered the notion of portfolio rebalancing specifically mentioned in the context of DCA. Luckily I already had a notion that this might be a good idea, but how you behave when you know something is good is a bit different from how you behave when you suspect it is. I was not being as disciplined about it as I should be.