E185 - Which Is Better? Lump Sum versus Dollar Cost Averaging Investing - Tested with SCHD
Description
I was curious which style of investing is superior, lump sum investing or dollar cost averaging. So I decided to test it for myself and I'd like to share the results and my thoughts on the topic with you today. If you don't know the difference between these two approaches to investing I'll explain that as well. I'll show you the difference in long term returns for each style of investing into the S&P 500 and we will run through a case study for SCHD under a fixed set of parameters. I hope you enjoy!
This episode was originally broadcast on my YouTube channel if you'd prefer to consume the content in video format you can use the link below
https://youtu.be/MYfzzGCifeo
M1 Finance referral link:
https://m1.finance/UNbCUpuP36lm
Here is a link to my YouTube channel if you'd like to see more content from me
https://www.youtube.com/c/LongacresFinance
And a link to my Patreon page if you feel inclined to support the channelĀ
https://www.patreon.com/LongacresFinance
Disclaimer: This is intended for entertainment purposes only and should not be taken as investment advice.