Mistakes to Avoid with Dollar Cost Averaging ☝

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Mistakes to Avoid with Dollar Cost Averaging http://www.financial-spread-betting.c... PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE!
Dollar cost averaging is basically investing a specific amount every single month... i.e. as opposed to trying to time the market you are simply investing a small chunk every month.
1) Not starting early enough
2) Not investing consistently
3) Forgetting to rebalance.
4) Abandoning the strategy at the worst time. This is very common, when things are getting hammered you have to keep putting money in.
5) Being too hands off. You still need to have a risk management strategy.
6) Taking too long to invest a lump sum. The whole point of the dollar cost averaging strategy is not to try attempting to time the markets.
7) Ignoring trading costs and fees. How much is it costing you to deal each time?

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