so you have 1 unit on in AUG, then the same amount each month thru JAN. Then cool it for 2 yr, and do it again, so next time would be Feb thru JUL. no stops So that would be about 16% a month of your stash every month for six months every two years. Not sure if waiting for a bear mkt has anything to do with it. Tossing the I Ching everyday until you get a 64 would probably also be a good place to start.
Life's lesson is: adapt to survive, don't and you'll die! Buy and hold in a bear market is a bad strategy. It's simple: if you expect the prices to not go up, don't buy!
You'd be close to dead by then. I suggest you donate all that money to me today instead of doing that abhorrent averaging and worrying if the price is down more.
I'm not sure I understand. I thought DCA was investing the same amount of money for example every year? No matter price.
I thought it was "Better to die on your feet than live on your knees." But anyway, that's why I never buy gold, not since 1987, because I never expect it to go up. It was too high at $350 and it's too high at $1700. I never hold in a bear market. Once it's gone down 20% I sell. Then when it's gone back up 20% I expect it to go up so I buy. Thanks for that lesson on life. (BTW, as far as I know, everyone who has ever lived has died.) There is however some controversy concerning Enoch.