DCA (Dollar Cost Averaging) Pros and Cons

✅ Is it better to put money into investments in a lump sum, or over time? That's the big question everyone wants to know.

What about when you take money out in retirement? Should you do it over time or take a lump sum?

The process is called "Dollar Cost Averaging" or "DCA". In this video, we explain what DCA is and how it works so you can determine what's best in your situation.

💠 Coach Mike loves throwing the lump sum at the beginning of the year because that money has more time in the market. And he only has to make the choice one time at the beginning of the year. There is less chance to skip a month for that new thing he wants to purchase.

💠These pros and cons are also true when it comes to the de-accumulation of retirement investing.

💠 Be sure to check out the ILMA Investing Course to start investing years sooner.