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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Investment Strategies / Mechanical Investing
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Author: mechinv   😊 😞
Number: of 6131 
Subject: Re: DCA calculator for the S&P 500
Date: 09/16/24 3:42 PM
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You changed the rules to arrive at a different result.

I think you misunderstood the rules. The topic of this thread is using a DCA strategy to buy shares in an index fund every month. DCA means adding a fixed amount from your paycheck. I clearly stated in my rules that the DCA amount was $800/mo.

You claimed that starting with $600K in August of 2000 plus applying DCA would result in an ending value of $350K ten years later. That is incorrect.

Both Ray and I showed that the ending value is actually $634,678. We used two different DCA calculator tools to arrive at the same figure. And both Ray and I showed that even with that bad start, you could continue to DCA and retire 9 years later with about $2.2 million (in 2019).


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