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Ep 53: Dollar Cost Averaging & Sequence of Returns
Manage episode 358734829 series 2712818
תוכן מסופק על ידי Michael Schulte. כל תוכן הפודקאסטים כולל פרקים, גרפיקה ותיאורי פודקאסטים מועלים ומסופקים ישירות על ידי Michael Schulte או שותף פלטפורמת הפודקאסט שלו. אם אתה מאמין שמישהו משתמש ביצירה שלך המוגנת בזכויות יוצרים ללא רשותך, אתה יכול לעקוב אחר התהליך המתואר כאן https://he.player.fm/legal.
In this episode, we’ll explain DCA and reverse dollar cost averaging, which many people might not know about. That is the process of systematically taking money out of your portfolio and using it to pay for living expenses. That distribution period is just as important as accumulation, but people don’t spend as much time planning for it.
We’ll explain why dollar cost averaging and reverse dollar cost averaging is so important and why it’s never a good idea to try and time the market. That’s where the sequence of returns comes into play, and Michael will explain how that applies to your income plan in retirement.
On this episode, we’ll share:
- What is dollar cost averaging? (2:34)
- Why you want to use this tactic, even in down markets. (4:46)
- How does sequence of returns play a part in your retirement? (5:35)
Dollar Cost Averaging (DCA) does not assure a profit or protect against a loss in declining markets. DCA involves continuous investments over time regardless of fluctuating price levels. Investors should consider their ability to continue to invest in periods of low-price levels.
Learn more: https://caffeinecashflow.com/
Contact Michael:
https://www.westpacwealth.com/team/michael-schulte michael.schulte@westpacwealth.com 702-767-4897
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