If you only have a fixed amount of money to put aside every month, DCA makes sense. That applies to 99% of people. Not terrible at all.

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zrail 3 hours ago | parent | next [-]

That's not really DCA, at least how I understand it. DCA is something like "I have $520,000 in cash right now today sitting in checking, I'm going to buy $10,000 a week of VTSAX for the next 52 weeks" which on average is a bad strategy.

What you're describing is better analyzed as a continuing series of lump sum investments. You're investing as soon as you have cash available, not unnecessarily holding onto cash.

	▲	BeetleB 2 hours ago \| parent [-]
		This is the original definition of DCA, but by this point most people view DCA as what everyone else in the thread is talking about. Not a hill worth dying on.

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lotsofpulp 3 hours ago | parent | prev [-]

That's not really choosing to "DCA", that's just not having enough money to not be able to "DCA".

Which is what's so funny about 99% of people that talk about DCA...they don't have any other option.