Choosing Between Dollar-Cost and Value Averaging

[fenders53]

I dollar cost averaged into my 401K as one normally would. The only twist is I put a very small allocation into short-term treasuries. I was still 90% in equities. There were times it was obvious the market was offering up discount shares. It made me feel better to add more then. Any real difference in long-term performance? Who knows? With DCA you are assured of getting a close enough to average price over time. I don't think a young investor should stress himself a minute with anything but DCA. It's highly likely to turn into a game of market timing. The best time to invest for 35yrs from now is today IMO.

As I approached retirement it became value averaging almost exclusively for me. I didn't know if 2021 was a market top, but I sure knew it wasn't a bottom.