DavidtcfHere is Netflix using the same CBM, 1,000 shares each year at lowest price.
2017 buys 1,000 shares at 165.95
2018 buys 1,000 shares at 249.47
2019 buys 1,000 shares at 270.75
2020 buys 1,000 shares at 332.83
2021 buys 1,000 shares at 488.77
2022 buys 1,000 shares at 169.90
Buys 6,000 shares.
Total investment is 1677.67
Average cost is 279.611
Unfortunately share closed at 178.89.
Buyer using this CBM method would have lost big time in in Netflix!
So CBM good?
What we know about DCA is putting a fix amount into investment over a period of time, not buying the same amount of share over a period of time