1Wk·

Question for the community

I have now started investing and I wanted to ask how you do it or how it is best, I want an ETF $IWDA (+0.18%) 2-3 individual stocks and $BTC (-1.12%) save via a savings plan,

is it better to save weekly or monthly?

As far as I know, by saving weekly I would always drive back the entry price if the price is currently falling or something like that, please correct me.

11 Comments

j@Volka_Racho

1Wk

and if the price rises in the meantime? The distance doesn't really matter, the main thing is that you invest.

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Das Portfoliopferd@Portfoliopferd

1Wk

Monthly is perfectly adequate. In the long term, it makes virtually no difference.

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“Klaatu_Barada_Nikto!“@Ash

1Wk

I run ETFs monthly and $BTC daily. I can't tell you why, it's just the way it is. 🤪

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SCHLiCHTE_capital@SCHLiCHTE_capital

1Wk

@Ash Where do you buy BTC every day?

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“Klaatu_Barada_Nikto!“@Ash

1Wk

@SCHLiCHTE_capital Strike. Savings plan is free of charge after one week and withdrawals to your wallet are also free of charge.

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𓆙@MedusaFi

1Wk

„time in the market beats timing the market“ ;)✌🏼

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Bram@TheFlemishInvestor

1Wk

Congratulations on starting the investing journey!!

Don't pin me on it, but there are research articles stating that even once every 2 months is almost the same as once every month on the 30-40 year time horizon.

Consider your buying/broker costs and available capital as a relevant driver firstly before deciding.

For sake of mental clarity, monthly is the sweet spot. In the end, investing anything at all, is infinite times better than never investing.

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Kronbichla@Kronbichla

1Wk

@TheFlemishInvestor thanks 🤝

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Marco@Investblog

1Wk

It is best to set up an automatic savings plan with your broker.

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Paul@Pzjs

1Wk

I would not start a new savings plan for BTC at the moment. Wait for a significant setback (after a top). Incidentally, this also applies to individual stocks - be patient, then you'll get more out of it and sleep better.
Even if dca is always possible in principle, a new start at the ATH is frustrating for a long time.

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Jarod@TradingHase

1Wk

Instead of the World ETF, I would look for another one. I ended up with the S&P500.
Somewhere someone once took the trouble to compare weekly and monthly savings. It was almost identical in the end.

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