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by roflyear 1380 days ago
No, your definition is wrong. DCA does not mean anything more than: "the practice of investing a fixed dollar amount on a regular basis, regardless of the share price" - it is irrelevant where you get the money. https://intelligent.schwab.com/article/dollar-cost-averaging....

https://www.investopedia.com/terms/d/dollarcostaveraging.asp

You can argue that it is better to just invest all the money as soon as possible, but that is not DCA.

1 comments

Your definition of DCA is in agreement with the comment you replied to.