Dollar Cost Averaging Explained (but with a much improved performance)

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Financial Wisdom

Financial Wisdom

Жыл бұрын

Dollar cost averaging is a common approach to investing, where many people invest into something on a monthly basis, thereby getting an average overall price.
I too use dollar cost averaging on the indexes but with a more efficient approach that achieves a higher annualised return and has less drawdown.
I use it in combination with my singular stock trading strategy, which when combined, creates a highly effective wealth building approach.
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Пікірлер: 149
@jasonsalmon9173
@jasonsalmon9173 7 ай бұрын
You have some of the best advice about investing on youtube that is easy to understand and well researched, I've been trying to find good advice on how to average up on a stock with profit, but haven't found any good video on this subject. If you think your community would like to know more and your able to help its a video that could help your channel I haven't seen any good video on this idea.
@Logicallyanswered.
@Logicallyanswered. Жыл бұрын
We are already in the big crash, Inflation is a catastrophe. This CPI report is a colossal failure. To bring the housing market to a halt, the FED will have to pull all the stops. The unfortunate issue is that other markets are being decimated.If you want to stay green, you have to rely on a lot of diversification. Currently up 14% and being careful. Still a better deal than leaving it in a savings or checking account yielding 0-1 percent interest.
@KevinCage.
@KevinCage. Жыл бұрын
If you are not in the financial market space right now, you are making a huge mistake. I understand that it could be due to ignorance,but if you want to make your money work for you, prevent inflation from eroding your savings, build generational wealth, and cultivate good habits and financial knowledge, you must be in the market.
@richardlionheart3965
@richardlionheart3965 4 ай бұрын
This is the video i needed - thank you! no flashy watches, cars, banks of screens, babes, you on a learjet etc
@noelmaskii25
@noelmaskii25 Жыл бұрын
Excellent explanation as always👍
@FinancialWisdom
@FinancialWisdom Жыл бұрын
Thanks Noel
@chuckharkes6569
@chuckharkes6569 3 ай бұрын
This is simply top shelf. GREAT video!
@FinancialWisdom
@FinancialWisdom 3 ай бұрын
Thank you kindly!
@argenisdominguez7395
@argenisdominguez7395 2 ай бұрын
​@@FinancialWisdomhow about if i bought 10k worth of amc stocks.now that 10k is worth arround 1k now.almost 98% down.will it help if i DCA?
@Mehrdad100
@Mehrdad100 Жыл бұрын
Excellent . If index fund works (conversation with the great soul of Mr. Bogle is free) , this is even better. What is very appealing is that this chanel with so much materiel and presentation of different strategies about trading does not miss this totally different approach for investment. Big thank, your work is very appreciated.👍👍👍
@FinancialWisdom
@FinancialWisdom Жыл бұрын
Thanks Mehrdad 🙏
@vampirelawyer1
@vampirelawyer1 Жыл бұрын
One of the best videos I've ever seen. I use QLD to buy when market crashes. However, I use a formula of roughly 45% QLD, 45% SCHD and 10% bonds. I then rebalance yearly to "lock in" profits from the leveraged position. I actually do have small positions in LABU and SOXL also, that i've been buying last few weeks and plan to hold these till they get back sky high. QLD in my opinion is the best form of leverage and much easier to manage than LEAPS
@ccbill2852
@ccbill2852 Жыл бұрын
Thanks for the great teaching and sharing! You have introduced a few strategies like a) dual monthly + weekly macd for relatively stable stock like BRK, b) dual weekly + daily macd for volatile asset like bitcoin, c) weekly macd strategy for FANG stock, d) weekly macd + 20W MA strategy for general stock, e) monthly macd + RSI for gold. If possible, love to see in future videos on the pros and cons of these different strategies and which one is more suitable for index ETF (like SPY, QQQ) investing. Many thanks.
@FinancialWisdom
@FinancialWisdom Жыл бұрын
Thanks CCbill. Noted
@NoGainNoPain
@NoGainNoPain Жыл бұрын
Always great videos. I'm binge watching them all and it's fascinating how you can digest everything so easily. Thanks for that. I'm having trouble understanding your gentle x2 leverage. Which mechanism are you using? Dipping into your margin account and buying x2 the cash you're holding? Cheers
@brandonfigueiredo8506
@brandonfigueiredo8506 Жыл бұрын
I was wondering the same
@MisterM2402
@MisterM2402 2 ай бұрын
I'm not sure if I understand it correctly. On the example at 3:00, you invest at the start of 2016 then again in late 2018. That's a period of almost 3 years where the index is rising and you're not putting any money in - how is this a better strategy? It would be more clear with a worked example to compare the two approaches e.g. how much you're investing at each of the two dips vs how much as a regular monthly amount. It looks like with this "timing the market" approach you're losing out on a lot of growth and compounding.
@jeremydavids1540
@jeremydavids1540 Жыл бұрын
Great vid as always, thanks
@FinancialWisdom
@FinancialWisdom Жыл бұрын
Thanks Jeremy
@Amitkumar-gh7wc
@Amitkumar-gh7wc Жыл бұрын
great content, always love your videos...
@FinancialWisdom
@FinancialWisdom Жыл бұрын
Thanks Amit
@Motivational.Lounge
@Motivational.Lounge 15 күн бұрын
Great video. ❤❤❤❤❤
@fidelisokodu201
@fidelisokodu201 Жыл бұрын
I've always expected to be seeing values here, and you keep proving me right.
@FinancialWisdom
@FinancialWisdom Жыл бұрын
Thanks Fidelis 🙏
@williamkz
@williamkz Жыл бұрын
Thanks Gareth. Very sound as always. (The Russell 2000 ETF (IWM) looks quite attractive...)
@FinancialWisdom
@FinancialWisdom Жыл бұрын
Thanks William, It does....👍
@AdamHarrisTrader
@AdamHarrisTrader Жыл бұрын
Thanks- great video - as always!
@FinancialWisdom
@FinancialWisdom Жыл бұрын
Thanks Adam
@davidreichert9392
@davidreichert9392 Жыл бұрын
I think it's fine to do this with individual stocks provided that you combine with fundamental analysis of the stock that is well established and have high confidence in its future, and exit the position should the fundamentals deteriorate.
@FinancialWisdom
@FinancialWisdom Жыл бұрын
I don't disagree if you have made enough research to gain the conviction you need to stay the duration. The only downfall is the time factor it could take for those individual fundamentals to materialise.
@joythought
@joythought Жыл бұрын
I've been figuring out how I like to invest and trade and I like your rules a lot. I also like not focusing on any stocks that I might fall in love with because it gets in the way for when I need to cut a losing position and I end up dithering because I believe in the stock. Much better for me to be utterly mechanical in my trading.
@travismartinson1813
@travismartinson1813 Жыл бұрын
If you have twenty equally weighted individual stocks the most you can lose is 5%. Also stay away from new unestablished companies like Voyager lol.
@James-100
@James-100 Жыл бұрын
@@FinancialWisdom So true. Even Mega Caps and Blue Chips can stay mired in the swamp for a long, long time.
@DevinSmith1486
@DevinSmith1486 Жыл бұрын
I would assume Jeremy mever exited his position
@Cromatox2
@Cromatox2 11 ай бұрын
How do you allocate your funds for this method? If i got $1000 for investing each month. Would i DCA 100% off it until the market drops and switch method? Or would i DCA 50% and save 50% for this other method?
@sp-ye7ht
@sp-ye7ht 11 ай бұрын
Nice video..btw i made my first killing by dollar cost averaging in diversified funds only..it surely works.. Only thing i started adding a bit early with a 10% fall only..☹️. One thing i wanted to ask is do you consider nasdaq or faang or any particular sectoral etfs/funds as diversified?
@DarkBullCapital
@DarkBullCapital 2 ай бұрын
you still can apply breakout strategy to the indices with less amount.
@przemoj
@przemoj 5 ай бұрын
Hey there, I'm just following my derivative of this method, just buying US and European sector + Japan, Asia, Emerging Markets ETF only when they are below 200d SMA [at the end of the month], and the more significant divergence from the moving average, the more I buy and the more money I put in an ETF.
@johnp7739
@johnp7739 Жыл бұрын
Have you ever looked into Robert Lichello's AIM books from the 70s? It's a buy-low/sell-high approach that some think is better than DCA.
@MrAfricanpilot
@MrAfricanpilot Жыл бұрын
One of my favorite videos! When you talk about leverage, could I use a leveraged fund such as TQQQ for a longer term buy or is this instrument only good for shorter term gains?
@FinancialWisdom
@FinancialWisdom Жыл бұрын
I think so
@frankmanno6207
@frankmanno6207 Жыл бұрын
At 3.35 you said that an option would be to use a moving average. Which MA would you suggest? By the way I love your work and have recently joined your group. :)
@kedarbikkannavar5907
@kedarbikkannavar5907 Жыл бұрын
Maybe 100 SMA or 200 SMA would work..mostly the 200 one.
@danguee1
@danguee1 Жыл бұрын
That's all very well - trading individual stocks while waiting for the index 25% pullbacks. But what do you use for cash to buy the dip on the index - if all your money is locked up in individual stocks which, presumably fall along with the index? Just 'be lucky'?
@FinancialWisdom
@FinancialWisdom Жыл бұрын
My strategy exits stocks in a decline due to the moving average, therefore i'm mostly cash during a major decline.
@donniereidjr
@donniereidjr Жыл бұрын
Shaboom! If you heard that it was the sound of my jaw hitting the floor in shock. This was an amazing video. My goodness I have missed out on so many investment opportunities. WOW!
@FinancialWisdom
@FinancialWisdom Жыл бұрын
Thanks Donnie🙏
@Noaxe_Tegrinde
@Noaxe_Tegrinde Жыл бұрын
Very well put together as usual! :) As per your Warren Buffet quotation where he said ''if you enjoy spending 8hrs a week on investing then do it!!'' Well I do enjoy it very much (don't like crosswords) and as an old, late starting, fellow your otherwise invaluable presentation and strategy is of no use to me! :) Strangely, having said that, I enjoy seeing what I should perhaps have done 40-50yrs ago. Thankfully, and effectively, up to a point, my company pension did so! :) Where were you and the WWW fifty years ago, eh? Key Pup the good work. NioAxe
@FinancialWisdom
@FinancialWisdom Жыл бұрын
LOL thanks Noacks. Its not too late!..... Now is a great time to average into some of the Indexes.😉 If they drop further average in again..
@DusVen44
@DusVen44 Жыл бұрын
What about dividends and capital gains? By holding your money in cash and waiting for a rare 25% dip, wouldn’t you be missing out on profits within the index-based fund?
@FinancialWisdom
@FinancialWisdom Жыл бұрын
If this was your only strategy yes. I combine it with a breakout strategy too👍
@DusVen44
@DusVen44 Жыл бұрын
@@FinancialWisdom I appreciate the response. For 3x leveraged ETFs, would you suggest a drop of at least 50% before buying?
@guillaumerosselet1303
@guillaumerosselet1303 Жыл бұрын
Great video and spot on content
@FinancialWisdom
@FinancialWisdom Жыл бұрын
Glad you enjoyed it
@kaizenborntowin
@kaizenborntowin Жыл бұрын
Thank you! :)
@FinancialWisdom
@FinancialWisdom Жыл бұрын
You're welcome!
@raytailor9251
@raytailor9251 Жыл бұрын
Great video! What are you doing with your money that you would normally be DCA with while you wait for the 25% pull backs . They don't happen very often.
@FinancialWisdom
@FinancialWisdom Жыл бұрын
I trade individual stocks through consolidation breakouts
@travismartinson1813
@travismartinson1813 Жыл бұрын
I like to trade breakouts as well because you can set your stop fairly close for low risk and when a breakout happens you make massive gains. Doing it with call options is even more fun but can be much more risky.
@mooersproducts350
@mooersproducts350 Жыл бұрын
To possibly create wealth good enough to retire, diversification is indeed necessary to achieve your goal. I realized the secret of creating wealth with the guidance of a financial professional and would love to share my ideas with the ignorant ones here
@rudriguezbauer7520
@rudriguezbauer7520 Жыл бұрын
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@mooersproducts350
@mooersproducts350 Жыл бұрын
@@rudriguezbauer7520 To achieve your goals, proficiency makes your plans a reality. I engage in various kinds of investment and packages with proper management by a financial professional of an investment firm and so far I’ve achieved great returns of investment.
@mooersproducts350
@mooersproducts350 Жыл бұрын
As to get more details about my financial professional (Hamilton Phoebe Zoe); do internet research with the full names above to easily approach her and as well write her.
@rudriguezbauer7520
@rudriguezbauer7520 Жыл бұрын
Great, Got it! I’m delighted to engage in this opportunity, I just found the financial professional’s web page and have already written her. Thanks a lot for the information.
@miacordelia6367
@miacordelia6367 Жыл бұрын
Wow, I’m very surprised to come across Hamilton Phoebe Zoe the very same investment adviser my colleagues at work talks about and praise her skills and experience. Phoebe operates with Big investment firms but her services to average individuals is really philosophic. Indeed, Good deeds fly so fast.
@skirmish23
@skirmish23 4 ай бұрын
How would you implement such a strategy in IBKR?
@Meowmeow.age.6
@Meowmeow.age.6 Жыл бұрын
Index funds are a crowded trade. It seems that ship has sailed already. There are few individual stocks in the S&P500 that are fairly valued while the rest are wild. It seems every currency is being debased and that is why everything keeps going up from Pokémon cards to stocks
@ntt9693
@ntt9693 Жыл бұрын
Awesome video! With regards to using leverage... how do you feel about using 2x and 3x leveraged etfs? Obviously the drawdowns can be huge, but the potential rewards are great too. Margin isn't an option for folks investing through a retirement account.
@FinancialWisdom
@FinancialWisdom Жыл бұрын
So long as the ETF is very well diversified, ideally across all sectors AND you have already see a drop of 25% or more, then 2 X leveraged ETF's should be fine. Anything above 2 x and would want to see the S&P for example already at a 40%+ decline, at which point 3 x leverage would be fine
@ntt9693
@ntt9693 Жыл бұрын
@@FinancialWisdom Thanks! So you wouldn't recommend a 2x SOXX (semiconductor). Something like 2x QQQ, 2x IWM, 2x SPY would be better?
@kridsanawatrattanaprayoon2944
@kridsanawatrattanaprayoon2944 Жыл бұрын
DCA in big market correction with using leverage will make you more pain tho
@chintanshah2332
@chintanshah2332 Жыл бұрын
Is there a way to automate this approach? Can I place an order in Robinhood for example whenever an index ETF is down 25%?
@nickthe296
@nickthe296 Ай бұрын
Sure, trailing stop
@stocksusd
@stocksusd Жыл бұрын
The longer you stick with this strategy the higher probability of getting sound returns especially with indeces or blue chips.
@lewismeadows9364
@lewismeadows9364 4 ай бұрын
Do you set a -25% price drop from the previous high or over a set period?
@FinancialWisdom
@FinancialWisdom 3 ай бұрын
Previous all time high
@raychows7712
@raychows7712 Жыл бұрын
DCA works if the index is in a bull market super cycle. It won't work for NIkkei index or singapore index
@FinancialWisdom
@FinancialWisdom Жыл бұрын
Yes, that is worth highlighting, thanks.
@MARKCRASTO
@MARKCRASTO Жыл бұрын
In either of those indexes, a lumpsum would perform even more poorly. The nikki took almost 40yrs to break even from previous highs.
@derek8149
@derek8149 Жыл бұрын
Dow Jones and sp500 is about to go into a super cycle crash. We just had 90 years of bull trend. Next is a multi decade bear trend like Nikkei. Most don’t believe we can have one, but the same demographic trends that Japan went through is what we are entering soon.
@dondeigodollar7261
@dondeigodollar7261 Жыл бұрын
Excellent video! Thank you very much for sharing this. What percentage of your cash position would you allocate when making that initial purchase after a 25% drop and how much would you contribute after each subsequent 10% drop. Thanks again. Much appreciated!
@FinancialWisdom
@FinancialWisdom Жыл бұрын
10% on the initial drop and 10% for every 10% drop thereafter
@dondeigodollar7261
@dondeigodollar7261 Жыл бұрын
Thank you for your response. Much appreciated🙏🏼
@Meowmeow.age.6
@Meowmeow.age.6 Жыл бұрын
DCAing is good for entering... but when do you sell?
@Derek_1111
@Derek_1111 2 ай бұрын
I may be a year late, but the idea is you add on those 25%+ pull backs and sell in your retirement years when/if you need that money to live on... Trying to time the market to sell the tops and renter on those pullbacks isn't the easiest thing to do, and the tax implications can make it not really worth it as well.
@growwealth4885
@growwealth4885 Жыл бұрын
You are great... But please make more videos
@FinancialWisdom
@FinancialWisdom Жыл бұрын
Thanks, i'll try...
@kelle_li
@kelle_li Жыл бұрын
What if your targeted index hits -25% and you buy in there, but it continues to -35% or even -50% and so on?
@FinancialWisdom
@FinancialWisdom Жыл бұрын
10% on the initial drop and 10% for every 10% drop thereafter
@nandakishore671
@nandakishore671 Жыл бұрын
​@francesco martini best is trend following
@ahmeleba
@ahmeleba Жыл бұрын
what moving average do u prefer ,?? 200 DMA
@FinancialWisdom
@FinancialWisdom Жыл бұрын
20 week
@austinfrazier7325
@austinfrazier7325 Жыл бұрын
Could this be applied to Bitcoin?
@FinancialWisdom
@FinancialWisdom Жыл бұрын
Due to volatility I would say maybe 50%, rather than 25%
@acetheboss13
@acetheboss13 Жыл бұрын
Quick Question: What % of available capital are you scaling in when the market falls every 10% with the 25% strategy. Or are you deploying capital equivalent to the drawdown once it equals 25% (i.e. 35% drawdown means 35% portfolio investment (25% inital + 10% b/c further correction)?
@FinancialWisdom
@FinancialWisdom Жыл бұрын
10% on the initial drop and 10% for every 10% drop thereafter
@acetheboss13
@acetheboss13 Жыл бұрын
@@FinancialWisdom And are you using a trailing or limit stop? If so what %?
@kedarbikkannavar5907
@kedarbikkannavar5907 Жыл бұрын
@@acetheboss13 he isn't using any stop-loss here. Since its an index fund or ETF! Because in the long run , the indice/etf continuously rebalance itself so that it will always move up in the long run. So no need to worry about stop-loss. But like he said if it drops to another 10% lower after dropping 25% then he puts additional money into it.
@RodrigoLichti
@RodrigoLichti Жыл бұрын
Best way is to do Trend Following on indexes, to stay out of bear market, buy on bull trend start and keep positioned until it ends. No stress and nice profits!
@Adrik808
@Adrik808 Жыл бұрын
Trying to come up with a strategy that combines DCA on single stocks after a huge draw back with the 200 EMA strategy not sure yet how to go about it lol
@gelex911
@gelex911 Жыл бұрын
Why not increasing leverage to 3x?
@FinancialWisdom
@FinancialWisdom Жыл бұрын
if you are comfortable with that.
@causeceleb
@causeceleb Жыл бұрын
Isn't this a form of "buy the dip" ?
@inertiaforce7846
@inertiaforce7846 2 ай бұрын
That appears to be exactly what it is
@travismartinson1813
@travismartinson1813 Жыл бұрын
You could pick twenty or more well established companies and the most you could lose is 5%. The advantage of owning the stocks is you can buy when they are at a discount instead of all at once with an index. Any new companies like Voyager should be treated as speculation and be a very small allocation. With partial shares you could just copy the index you want to follow with no expense ratio.
@BioInsight_Lectures
@BioInsight_Lectures Жыл бұрын
THANKS & FIRST
@FinancialWisdom
@FinancialWisdom Жыл бұрын
Well done👍🙏
@merrol007
@merrol007 Жыл бұрын
Missing just about 10% of the best days in the stock market has a huge impact, Im not convinced waiting for discounts helps that much in the long run.
@FinancialWisdom
@FinancialWisdom Жыл бұрын
In a stand alone strategy I agree, but I combine this with a trading strategy which will capture the 10% too👍
@osmondhagby4788
@osmondhagby4788 Жыл бұрын
What about all the money you lose if you sit on your money and wait for years for the -25%? O_o
@FinancialWisdom
@FinancialWisdom Жыл бұрын
I personally don't, I have a separate singular stock trading approach that runs along side this strategy taking advantage of growth. This 25% discount is just a bonus. Which we took advantage of last year to.
@msbwong
@msbwong Жыл бұрын
Great content....but I can't help but wonder is this your real voice lol
@FinancialWisdom
@FinancialWisdom Жыл бұрын
😊
@DuirBlack
@DuirBlack Жыл бұрын
The idea sounds great on paper, but I sincerely doubt it works. If you wait for the 25% decline while the market is in its most significant upward trend, you're going to miss this entire trend. I suggest to take a look at other videos on YT that present some actual backtests proving how attempts at timing the market - which is what this is - all fail in the long term.
@FinancialWisdom
@FinancialWisdom Жыл бұрын
Not If you have a singular stock strategy on the trend up...
@givehuggy
@givehuggy 5 ай бұрын
What if it never drops 25% in a year, you miss the whole bull market?
@FinancialWisdom
@FinancialWisdom 4 ай бұрын
Not if you also have trading strategy for bull markets too
@FinancialWisdom
@FinancialWisdom Жыл бұрын
My Breakout Scanner - bit.ly/3ea6sl8 My Forum - www.financialwisdomTV.com/forum My Strategy Blueprint - www.financialwisdomtv.com/plans-pricing My Brokerage Account (Interactive Brokers) - bit.ly/3UGvn1U Dollar Cost Average Calculator - bit.ly/3J29QfS
@richardhall1387
@richardhall1387 Жыл бұрын
Just joined!! Trying to figure out scanners and stuff great content keep it up!!!
@dasfahrer8187
@dasfahrer8187 Жыл бұрын
If you're DCA investing, then those positions haven't technically returned anything as you haven't sold them yet. In fact, not only did your money barely do anything from your first entry in 2016 thru the COVID lows in March 2020, you were likely UNDER WATER at that point, assuming your position sizes were all the same. That's a HUGE opportunity cost by doing this. So, I'm confused where you're getting these individual return numbers from if you didn't sell? And if you did sell, then you're really not DCA investing. Ballparking your entry prices, again assuming all the same position sizes, your average cost was around $1320 (give or take as exact points aren't known). If that's the case, then your return at the current price noted in the video is around 35%. TOTAL. That's it. For 6 and a half years. That's honestly just garbage. The biggest problem with this strategy is that you need to put in a somewhat significant amount of money every month AND do it consistently for 40+ years to have a useful nut at retirement. And, even if you are able to buy lows (difficult in and of itself), you still have to have the discipline to save all that money in the meantime and let it just sit there waiting for a buy point. The unfortunate reality of DCA is that, for most people, this kind of thing is just out of reach as life is just too financially erratic and the commitment is on too long of a timeline for them to keep up with it.
@FinancialWisdom
@FinancialWisdom Жыл бұрын
Respectfully I think you may be mis understanding the video/concept.
@dasfahrer8187
@dasfahrer8187 Жыл бұрын
@@FinancialWisdom I'm open to criticism. Feel free to correct my assumptions and assertions.
@kedarbikkannavar5907
@kedarbikkannavar5907 Жыл бұрын
@@dasfahrer8187 hey buddy , his strategy also works if it's applied correctly. Firstly, he isn't selling them before each drop(of course then it wouldn't be DCA) and he calculated the individual %returns by taking into consideration the time of investment till the current price of index/etf. For ex: If u invested 100$(ur 1st investment) when index price was 100 and suppose it goes to 140 and den again drops to 120(hypothetically assuming it's 25%drop from 140) then u make ur 2nd investment at 120 and then after long time..the index is at 200(the present time) ..he calculated %returns from 1st investment till now[so [(200-100/100)*100=100% ] and of 2nd investment[ (200-120/120)*100=66.6%] So your net ROI will be 100 + 66 = 166% if u combined both(thou he hasn't combined them,I'm just telling you) and suppose u did the normal approach DCA and made investments at 110,120,105,160,100 then your point price of investment from these will be (add all of them/5 )=119. So this says your average buy price was 119..so it's ROI will be (200-119/119)*100=68% so his strategy > normal DCA. But the point you are confusing is , in normal DCA we invest small amounts on a regular fixed basis...but in his method , u don't get much opportunities but , when you get an opportunity like that , you invest a huge chunk (for ex , if u wanted to do DCA at 50$ per year and the dip came after 3 years , then u will put 150$(chunk) after the dip comes) so this will equal out the amount invest in your regular DCA and his method. Hope its clear now mate. This needs rethinking, I agree. Even I didn't got this the first time either. The key here is,in his method thou you get lower opportunities, but since you invest larger chunks of money (and you put it precisely at larger dips like 25% from Highs.)this will produce better results than regular small amounts put into DCA.
@kedarbikkannavar5907
@kedarbikkannavar5907 Жыл бұрын
@@FinancialWisdom Have I explained it correctly?
@gerryscat
@gerryscat Жыл бұрын
Or you could just get North East Way to trade your forex account and watch the money roll in. Just say'in
@milastran663
@milastran663 Жыл бұрын
Average up, not down
@TheRealWorldStrategy
@TheRealWorldStrategy 5 ай бұрын
kzbin.info/www/bejne/j6C7koRmecRofLs
@djpuplex
@djpuplex Жыл бұрын
Everyone is 💩ing all over Jeremy. Nobody deserves it more. The grifter slaughter continues.
@FinancialWisdom
@FinancialWisdom Жыл бұрын
It does - Such poor education being spread to millions....
@kenjepson1908
@kenjepson1908 Жыл бұрын
I find Jeremy's channel really odd, he seems to know what he's talking about and makes some really interesting comments and explains things well but his investing style is weird, it seems the more he diamond hands stocks the more admiration he gets from his followers.
@Noaxe_Tegrinde
@Noaxe_Tegrinde Жыл бұрын
@@FinancialWisdom In a way, though, we should blame the ignorance of his followers who should have put in a bit of effort and educated themselves. I guess he WAS deluded, unfortunately reinforced by his success, which he attributed to his innate skill and talent and NOT his LUCK! AS you say, he was too young to have the necessary perspective. Over the 28yrs, since I started, I've seen many of these self-made gurus bite the dust and this is a pretty well known characteristic/phenomenum of human nature...in fact since biblical times when following various gurus (around the world), who believed they understood the ways of the world, was commonplace.🤔 NoAxe
@averythompkins3682
@averythompkins3682 Жыл бұрын
GOD loves you enough to send HIS only SON to save you and if you repent and turn from your sins and be baptized in THE NAME OF THE FATHER, THE SON and THE HOLY SPIRIT. ((if you haven't )
@FinancialWisdom
@FinancialWisdom Жыл бұрын
🙏
@sijacquz
@sijacquz Жыл бұрын
Would you have dollar cost averaged into the popping of the dotcom bubble? -adding more for two years as it pretty much continually went down?
@FinancialWisdom
@FinancialWisdom Жыл бұрын
I never, but I would have... don't forget you would have averaged in on other indices during that time too so somewhat diversified. These black swan type events are hard to account for and if you focus too much on them you would hardly be invested in the markets at all. There's always a risk hence why there is a good premium to be achieved in general...
@mathilda6588
@mathilda6588 Жыл бұрын
*I will forever be indebted to you you've changed my whole life l continue to preach about your name for the world to hear you've saved me from a huge financial debt with just little investment of $20k thanks so much 😉Mrs Catherine Nathan.*
@johannaschmidt7138
@johannaschmidt7138 Жыл бұрын
WOW....amazing to see someone who trades with Mrs Catherine nathan, i am currently on my 7th trade with her and my portfolio has grown tremendously.❤‍🔥
@Harris4308
@Harris4308 Жыл бұрын
*i invest with Mrs catherine too , she charge a 15% commission on profit made after every trading session which is fair compare to the effort she put in to make huge profit…*
@philipmason5190
@philipmason5190 Жыл бұрын
this is not the first time I am hearing of Mrs Catherine and her exploits in the trading world but i had no idea on how to reach her, i have already lost enough of money since my retirement on binance trying to do it myself😭😭
@philipmason5190
@philipmason5190 Жыл бұрын
I'm a beginner. How can i get her assistance?
@mathilda6588
@mathilda6588 Жыл бұрын
@@philipmason5190 *she can be liaised ,on Telegam,with the username @INVESTWITHNATHAN.*
@Harris4308
@Harris4308 Жыл бұрын
*I will forever be indebted to you you've changed my whole life l continue to preach about your name for the world to hear you've saved me from a huge financial debt with just little investment of $20k thanks so much Mrs Catherine Nathan.*
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