My Weekly Dollar Cost Averaging Journey in Funds (10/11/2024)… Crossing the $17,000 for the first time!
Initiation Date: October 2021
My Strategy:
1. Daily DCA $100/ day (exclude weekend) on laggard first then leaders and repeat the cycle every month.
2. Invest only in fund with proven annualized return of 5-6% pa.
3. No commodities, gold, financial & properties fund.
4. Number of Funds: up to 25 funds (currently 24 funds).
1. Daily DCA $100/ day (exclude weekend) on laggard first then leaders and repeat the cycle every month.
2. Invest only in fund with proven annualized return of 5-6% pa.
3. No commodities, gold, financial & properties fund.
4. Number of Funds: up to 25 funds (currently 24 funds).
Top 5 Leaders:
Top 5 Leaders:
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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I’m a believer of long term investment.Discipline and consistent investment beats market timing.I hope I can show you..
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Foodie Investor : How do you define laggards and leaders?
SuperNoobPaPa OP Foodie Investor : Because I invest daily and I monitor the performance weekly, their performance differs. Those that is growing fast is leaders. Those that is growing slower or negative is laggards.
105646059 : Woah! DCA daily on Moomoo? How much trading fees do you pay in total?
SuperNoobPaPa OP 105646059 : Buying fund has no trading fee.
105646059 SuperNoobPaPa OP : Really no fee to set up a RSP on Moomoo?
SuperNoobPaPa OP 105646059 : You have different between buying stocks and funds.
Buying fund -> no trading fee but there is mgmt fee.
Buying stocks -> trading fee but no mgmt fee.
Davidzed : No more updates on this funds? Still doing well? Tech stock not doing well ? Which funds have u switched to whats ur total amnt u put in tho
80562183CT SuperNoobPaPa OP : sell have?
SuperNoobPaPa OP 80562183CT : Hi there, no.
104659050 : Hi really appreciate your sharing. Could you please share the gaining goal when you wanna sell some funds?
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