Moo仔 OP MoopyLaBuBu : So rich

Moo仔 OP 世 界 和 平 : So rich ah u

Moo仔 : Currently there is no implementation of fractional trading for Malaysia stock market ( ie: min 0.01 units or 1 unit).
As for DCA, different people different style. But most basic would be investing same amount of money every weekly/monthly/quarterly/yearly (depending on your preference) , the total number of shares obtain would be different at that point of time due to share price fluctuation. So higher price means lower units and bice versa.

Moo仔 Tazzin OP : If the price gradually goes up in long run, then you can’t buy it. Like now the price is 10.64/unit, 1 lot would be 1064, you will need to top up to around RM1070 to buy 1 lot (taking into consideration of the fees etc)

Moo仔 : If your goal is long term, then yes. For DCA, take it as you do save money in more interesting way.
1. You get more units when share price low
2. You get less units when share price high
3. You accumulate more units in future provided you invest every month.
3. The dividends you entitled also increase if you have more units in your hand and/or the company decided to issue higher dividend per share (DPS) due to better financial performance.
4. Don’t forget that you don’t just earned dividend but also potential capital gain from your share purchase

Moo仔 : Let’s put it this way, the amount you invest is fixed, RM1000, but your lots can be flexible.
Example scenario: ASSUMING YOU ARE MAXIMISING YOUR RM1000

Company A share price RM10/share, invested rm1000, total units 100.
Next month, due to unforeseen circumstances, share price drop to RM5/share (example ya), invested rm1000,  you can get 200units in total instead of 100.
In total you can 300 units in two months. Hope this clarifies.