Dollar Cost Averaging into SPY

3 months ago

Host

"First off, dollar cost average in lowcost ETFs. One of the simplest and most powerful strategies I know is this guys, I do it every month. I invest in my lowcost ETFs every single month. If I do it consistently, no matter what happens to the market, I will continue to match the market returns. I'm going to buy when stocks are up and I'm going to buy when they're down. And over the long haul, I'm going to pay this price for it. That's what's key. When you buy an ETF, you're buying a basket of companies. You get exposure into hundreds of businesses in one move. The ETFs that I buy the most of are spy, VO, CHD, and when the price makes sense, I will do QQQ. They're low cost. They're diversified and they work in the long run."

The speaker delivers an actionable trade call by urging investors to dollar cost average into low-cost ETFs, specifically highlighting SPY. The advice emphasizes steady, regular buying regardless of market fluctuations, thereby capturing market returns over the long run.

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