Turning cash into assets, with the expectation that those assets will yield more cash in the future.
I started in the summer of 2021, after I began my first real job. The experience has been a bit meh; only a couple months there have been positive and mostly I've just been setting money on fire...
...would be one way to look at it. But the idea[1] is that DCAing in over a long period of time always works.
So I'll just keep doing it.
Related thoughts:
Last updated Sun Jul 10 2022 in Berkeley, CA
1: /thought/progress-and-the-stock-market.gmi
2: /thought/discounted-cash-flow.gmi
3: /thought/asset-allocation.gmi
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