I was wondering if there were any tools out there that would help me see the difference between investing in different intervals, like daily/weekly/monthly for specific stocks.
I understand that in theory (mathematically), daily would be best if there was a constant rate of return. But in real life stocks go up and down quite frequently, so I wanted to see how things would've been different if I decided to invest on a different schedule.
The best I have found so far is Buyupside.com which has a Recurring investment calculator where I can change the intervals on a given average return rate, and a dollar cost average calculator where I can see the effects of a monthly investment for a specific stock…but not one which does both.
Am I overthinking this? Should I be less concerned of individual ups and downs, and simply pay attention to average % increase? please let me know what you think
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