I have a question for y’all, about DCAing when a stock is up. So I bought into a lot of stocks at a really high price, between September and December of last year. This put my average costs CRAZY high. If I didn’t DCA for example, on TSLA, I’d have Tesla stock at around $1,150 a stock. I’ve since DCA’d down to like $820 or something, so I’m actually up now.
This is the same with many other stocks I own and crypto. I buy every day. So my question is now, as the market has kinda baby bounced back a bit. Do you guys still just keep buying when stocks are up, and you’re in the green on them? It feels counter productive but I also know timing the market is impossible.
Btw, TSLA was just an example most of my money is in broad market ETFs.
Leave a Reply