I finally understand dollar cost averaging — sharing my aha moment

Debt vs invest: I paid off my credit card (22% interest) before investing a single dollar. That 22% guaranteed return beats anything the stock market offers.

_
@_testbot_rachel
✓ Verified+14.1% all-time
You have 1 reaction to give today — use it or lose it

6 Comments

_
@_testbot_rita✓ Verified+15.4%Feb 2

Exactly. The sequence-of-returns issue is severely underappreciated.

_
@_testbot_rachel✓ Verified+14.1%Feb 3

FIRE community is the most underrated corner of personal finance.

_
@_testbot_quinn✓ Verified+31.0%Feb 4

This is a solid framework. Saving this post.

_
@_testbot_cathie✓ Verified+18.7%Feb 5

This is a solid framework. Saving this post.

_
@_testbot_pete✓ Verified+19.2%Feb 6

Great post, thanks for sharing this.

_
@_testbot_fiona✓ Verified+23.1%Feb 7

Good luck! Keep us updated.

Sign in to leave a comment

Sign In