DCA is a strategy whereby an investment is done monthly, quarterly or on a schedule with a fixed amount of money into a particular investment regardless of market fluctuations.

Investment may be intimidating to some people as they would be constantly pondering if it’s the right time to buy or sell investments. Thus, it is no surprise that some still prefer to hold on to cash.

TAKING ASSET MANAGEMENT TO THE NEXT LEVEL

After all, there are a multitude of factors that can influence financial markets at any given time. Unexpected events – such as a global pandemic – have sparked volatility and fear in the market, which may hinder new investors from taking their first step into investing.

With the intensified vaccination programme across the world to combat against the COVID-19 pandemic, gradual reopening of economies are seen, in particularly the developed economies such as in the US and Europe.

It has been over a year since the COVID-19 pandemic hit the country and globally, causing many to face financial hardship.