This is partially hypothetical because I’m the king of DCA — I’m in it every week like clockwork. But sometimes, I do like to catch a decent dip when I can.
Here’s my question for y’all:
Let’s say SCHD is bouncing between $25 and $26 (which it has been), and you’re planning to scoop up 15–20 shares. Is it really worth holding off just to wait for a drop of like 10–15 cents per share?
We’re talking maybe a $2–3 difference overall on the buy, and SCHD isn’t exactly a $300 stock — it’s already affordable. I get being strategic, but does that minor timing even matter when you’re buying quality and planning to hold for years (and DRIP along the way)?
Curious how y’all approach this. Do you wait for little dips, or just grab it when it’s in your range and let time do the work?