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Timing dollar cost averaging

Discussion in 'Other Asset Classes' started by PJ1, 17th Sep, 2015.

  1. PJ1

    PJ1 Well-Known Member

    Joined:
    28th Jun, 2015
    Posts:
    72
    Location:
    NSW
    In order to implement a dollar cost averaging strategy when would you purchase your selected shares . Example : in the lead up to a mid or full year announcement or at a calendar date that suits yourself .
    Would you spread your investment evenly across your portfolio or focus on the performers at the time ?
    Being a long term strategy when and how do you weed out non performing shares if the plan is to ride through the weather good n bad ?
     
  2. BingoMaster

    BingoMaster Well-Known Member

    Joined:
    22nd Jun, 2015
    Posts:
    262
    Location:
    Melbourne
    This approach is usually taken with something quite well diversified such as an index fund, LIC or managed fund. I don't know about doing it for individual shares, but with an index or similar you don't have to do any weeding.

    Then just pick a time interval that suits and stick to it. Do it quarterly / yearly / monthly whenever.