My Weekly Dollar Cost Averaging Journey in Funds (29/9/2024)… ATH since October 2021!!!
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).
3rdDay
SuperNoobPaPa
OP
:
hello thanks for sharing your investment strategy. do you have a duration (eg if its for 1-2years?) you set when you set aside $2.4k per month? or its perpetual?
SuperNoobPaPa
OPbeaver Queen
:
Hi, it’s getting better and better each week. I intend to do this for a long time. This is exactly strategy what Warren Buffett use. Of course, in term of size, his is much larger.
SuperNoobPaPa
OP3rdDay
:
Hi, technically it is for perpetual. Of course in order to have that kind of perpetuity, you only invest the money you don’t need for a long time. You will feel this strategy is slow and unproductive, but once you hit certain size, it will snowball.
To illustrate: 1. I may initially take 3 years to make first $20,000 ROI; 2. But once I have the size, I will make $20,000 ROI every two year; 3. And if you continue, you will make $20,000 every year; 4. Then, you will make $20,000 every 6 months.
The key behind is to build the base overtime, and compound the return. It will snowball and create avalanche return if you are patient enough.
105646059
:
Hi. I wanted to do DCA but I can only invest very little a month, for example only USD25 per month, but I am afraid that the trading fees will eat up my profit. What do you think? Are the trading fees negligible?
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I Am 102927471 :
102493677 : Did you invest in them individually or as a whole?
Also is $100 spilt among all the funds it $100 each?
SuperNoobPaPa OP 102493677 : I prepare $2,400 a month and I invest $100 every day for 24 days a month.
beaver Queen : How is yr investment now ?
3rdDay SuperNoobPaPa OP : hello thanks for sharing your investment strategy. do you have a duration (eg if its for 1-2years?) you set when you set aside $2.4k per month? or its perpetual?
SuperNoobPaPa OP beaver Queen : Hi, it’s getting better and better each week. I intend to do this for a long time. This is exactly strategy what Warren Buffett use. Of course, in term of size, his is much larger.
SuperNoobPaPa OP 3rdDay : Hi, technically it is for perpetual. Of course in order to have that kind of perpetuity, you only invest the money you don’t need for a long time. You will feel this strategy is slow and unproductive, but once you hit certain size, it will snowball.
To illustrate:
1. I may initially take 3 years to make first $20,000 ROI;
2. But once I have the size, I will make $20,000 ROI every two year;
3. And if you continue, you will make $20,000 every year;
4. Then, you will make $20,000 every 6 months.
The key behind is to build the base overtime, and compound the return. It will snowball and create avalanche return if you are patient enough.
80562183CT SuperNoobPaPa OP : mean every month need to prepare $2400?
SuperNoobPaPa OP 80562183CT : That’s for me. You can do less or more, up to your comfort level. I do increase $100 every year though.
105646059 : Hi. I wanted to do DCA but I can only invest very little a month, for example only USD25 per month, but I am afraid that the trading fees will eat up my profit. What do you think? Are the trading fees negligible?
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