Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
DCA for idiots...(meaning me)
>
Reply to Thread
Message:
<p>[QUOTE="InfleXion, post: 1369880, member: 29012"]Ahh yes.. weighted average is just nice to know if you want to calculate where you stand. Apparently DCA is pretty much what I do, steady buying regardless. However if you might indulge me something about it doesn't make sense. </p><p><br /></p><p>From Wikipedia:</p><p> So the goal of DCA is to achieve a lower weighted average cost, but if you are investing the same amount in something over a period of time how exactly does that equate to lower purchase price? It seems like that would only happen if the price goes down, otherwise as it goes up your total average cost would rise. I'm not quite grasping how this concept is beneficial aside from the accumulation standpoint, which I am all about with silver, but I don't see how that helps keep costs down. I could have a much lower average cost if I didn't keep buying steadily, but that's less silver too so it's a price I'm willing to pay <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="InfleXion, post: 1369880, member: 29012"]Ahh yes.. weighted average is just nice to know if you want to calculate where you stand. Apparently DCA is pretty much what I do, steady buying regardless. However if you might indulge me something about it doesn't make sense. From Wikipedia: So the goal of DCA is to achieve a lower weighted average cost, but if you are investing the same amount in something over a period of time how exactly does that equate to lower purchase price? It seems like that would only happen if the price goes down, otherwise as it goes up your total average cost would rise. I'm not quite grasping how this concept is beneficial aside from the accumulation standpoint, which I am all about with silver, but I don't see how that helps keep costs down. I could have a much lower average cost if I didn't keep buying steadily, but that's less silver too so it's a price I'm willing to pay ;)[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
DCA for idiots...(meaning me)
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...