reddit.com/r/investing/comments/up6mh6/is_it_too_early_to_start_dollar_cost_averaging_in
Is it too early to start dollar cost averaging in Vanguards S&P Growth Stock ETF, VUG? I’m 28, in it for the long-term, and currently have 100% of my portfolio in the S&ampsP 500 Index VOO. As I'm young I'm willing to take a bit extra risk, so I'm thinking of dollar cost averaged into the VUG each day for the next 6 months until it makes up about 20% ofMy portfolio.

Growth stocks have suffered quite a bit this year and, although they could continue to fall in the event of a recession, I feel like dollar cost averaging will enable me to get a decent average price per share, even if not quite the bottom. There’s nothing wrong with going a little growth stock heavy while young if they’re growing companies with a high ceiling.
Tap to copy the Short Url to this post:
bto.sh/q943kd8c 
All Business News on a Single Page. Join for Free →