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Picksologic OP t1_j6d3lgd wrote

Reply to comment by tuctrohs in [OC] Comparison of Lump Sum vs. Dollar Cost Average investing in TSLA (Tesla) stock. by Picksologic

I just looked up Value Averaging and it suggests investing more when the stock is going down and less when it's going up. I'm curious about your approach.

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tuctrohs t1_j6d4y65 wrote

I seem to be having trouble communicating here. Absolutely, dollar cost averaging is the way to go. The other stuff I'm suggesting, I'm suggesting because it's worse, and if you want to show how good dollar cost averaging is, you need to compare it to something that is worse, but that somebody naive might do. I'm suggesting these for your plot, not for your investing strategy. For investing strategy, dollar cost averaging is the way to go, unless you are a genius or you have a better understanding of the particular market and company, then is available to expert investors.

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Picksologic OP t1_j6d67aq wrote

Ok I gotcha. I'm a little slow on the uptake since I'm just getting into this. I'm now trying to figure out the best way to get the annual averages in my chart. Anyway, thanks for all the guidance.

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