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DCA into growth and income ETFs
Investing Strategy
Say I have portfolio with growth IVV and a dividend payer IOZ. IOZ’s price won’t grow as quickly because its profits are paid out as dividends. Now when I use the pearler dollar cost averaging to buy in each month, the IOZ is usually lower in value so ends up being bought. So it seems I end up with many more units of IOZ than IVV. Does that feel right to you?
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