13 Mar 2007 | Comments |
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Ringgit or Dollar Cost Averaging
The unit trust sales in Malaysia is meeting new height every year. Thanks to the awareness of the public and also the hardworking sales force.
For investor of unit trust, Ringgit Cost Averaging (RCA) is a common term. It means investing regularly with a fixed amount of money periodically for long term.
More about RCA illustration, can refer:
CIMB Asset Management
Affin Trust Management
The advantages of this strategy are simply:
1. buy more when it is cheap
2. buy less when it is expensive
3. not much to worry about timing the Mr. Market
Even if you invest in share directly, you can also apply the Ringgit Cost Averaging strategy.
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April 26, 2007 at 5:42 pm
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November 10, 2008 at 8:40 am
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