Abstract Dollar-Cost Averaging investment strategy has been widely criticized by academics
for decades. This article proposes an Augmented Dollar-Cost Averaging (ADCA) strategy …

Dollar cost averaging—spreading an investor's stock purchases evenly over time—is widely
touted in the popular press because of the mathematical fact that the average cost per share …

Dollar-cost averaging (DCA) is a popular investment strategy for retail investors, but its
performance is generally inferior to lump-sum investing. In this study, we test modifications to …

Dollar-cost averaging (DCA) is a popular investment strategy for retail investors, but its
performance is generally inferior to lumpsum investing. In this study, we test modifications to …

Dollar-cost averaging is a popular strategy for investing in the market. Touted for its ability to
“manage risk” or “minimize regret”, dollar-cost averaging intuitively appeals to investors who …

The dollar cost averaging (DCA) method is widely adopted by investors to invest a constant
dollar amount into the investment vehicle at regular basis. This paper describes a general …

This paper explores several methods for investing a series of monthly cash contributions in
an equity index, such as the S&P 500 or the Nikkei 225. The dollar cost averaging (DCA) …

Dollar-Cost Averaging (DCA) is a widely used technique to mitigate volatility in long-term
investments of appreciating assets. However, the inefficiency of DCA arises from fixing the …

A recent study finds that a Lump Sum Investing (LSI) strategy outperformed a Dollar Cost
Averaging (DCA) strategy approximately twothirds of the time between January 1927 and …

Abstract Incorporating Value Averaging portfolio construction method with S&P 500 firms'
Aggregate Implied Cost of Capital is an investment strategy that involves undertaking risks …