Pound cost averaging tactics

Thrugelmir

lozzy1965 said:

Thrugelmir said:

Zola. said:

Given there is a discount now,

Never heard of a correction being described as that before. What would it be if the market were to take further downward steps? 

That's so obvious!  A further discount of course!!!

Or maybe with each fall:

reduction
deduction
markdown
price cut
cut
lower price
cut price
concession
concessionary price
rebate

Buying shares isn't like going down to Tesco's to buy the shopping.  Casino type investing is rife, Going to be a lot of burnt fingers. 

ZeroSum

dllive said:

Hmm. Ive just noticed that Vanguard only lets you setup regular MONTHLY payments. So I think Ill put in £1k per month over the next 6 months, and then if there are any noticeable market dips during then I will shuffle some extra in.

But you can set up more than 1 if you want something more regular 

Zola.

Thrugelmir said:

Zola. said:

Given there is a discount now,

Never heard of a correction being described as that before. What would it be if the market were to take further downward steps? 

A larger discount.

maxsteam

dllive said:

Hi,

I have £6k (remaining ISA allowance) sat as cash in my Vanguard account. Theres 2 months - when the new ISA season starts - whereby Ill probably start shuffling more money into my Vanguard account.

Id like to pound cost average that £6k.

If you trust it, put it in. If you don't, don't. Don't get sucked in to strategies and shuffling and tactics.