08-21-2015, 01:46 PM
(08-21-2015, 01:41 PM)benjamen Wrote: What dividend toolkit did you buy? What does it do for you?Thanks for the response benjamen.
Dollar cost averaging is basically buying X dollars worth of a stock periodically.
http://www.investopedia.com/terms/d/doll...raging.asp
Sorry I should be more specific. I bought Dividendmonk.com's PDF that has a handy spreadsheet that does the DDM & DCF calculations.
Right, and to stick to that dollar amount, wouldn't fractional shares be necessary? For example, if I plan to DCA $50 every month into a stock, if the stock costs more than $50 and I can't fractionally purchase it, what would someone do then?