Comment by carlosjobim
6 months ago
I didn't mean the upside/downside on your investment, but on the asset. Most investment assets except for bullion can fall to 0. They can also increase without an upper limit, like for example Apple stock. The market being "high" or "low" is not remedied by dollar cost averaging.
You’re misusing the term “unlimited downside” which is why you were corrected. Shorting stock is an example of unlimited downside.
What dollar cost averaging does is reduce short time price risk. The result is the long term.