The best investment strategy is... (read on and check out the link below for your crypto cash back credit card)...

 ... dollar cost averaging.

Timing is everything. Yet as any seasoned investor can tell you, it is one of the hardest things to do. In order to get a sense of how important it is to not miss the market's best days, check out this stat:

  • In the past 20 years, if you had not been invested in the markets for the 20 best days (that's basically equivalent to missing one day a year!) then your portfolio would have returned almost 0%! This is in a time when the markets averaged close to an 8% return per annum. Sounds crazy, but those are the numbers.

What is the solution? You guessed it, dollar cost averaging!

What is it? All it means is that you should simply look to invest in the market on a regular basis, at predetermined intervals, regardless of market rises or falls. That would enable you to buy more when markets are retracing and hence providing you with better entry points. This happens automatically for those of us investing in 401k (or 403b) and IRA plans. Not so frequently for other investments such as discretionary portfolios. 

Nothing beats this strategy if you can do stick to it, and all else being equal it will help you do well over the long term. This is especially effective for volatile times/asset classes in that it will offer better entry points on a frequent basis. Set up a regular investment plan today and get at it! 

This brings me to the crypto cash back credit card issued by Gemini (https://www.gemini.com/credit-card/waitlist). Most people are familiar with cash back credit cards, made famous by CapitalOne and it's cash reward card advertising slogan "What's in your wallet?" the Gemini card will give you cash back, not in the form of fiat currency, but rather in the form of crypto currency. We use credit cards all of the time, be it for automated bill payments as well as discretionary purchases. This fits in with the dollar cost averaging strategy, and will help you increase your crypto investments with little time/energy spend on when to buy (which is often one of the most excruciating - and futile - decisions one has to make). This is exciting and another new frontier in the financial landscape of the XXI century.

Onwards!


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