TeslaEducation
How to dollar cost averge with precision
I've seen several dollar cost averaging calculator online, however there is something I usually see missing. How many stocks should you buy if you want your average cost to be a specific value. Usually the calculators will ask how much you bought at each level ang give you the average, but not the other way around (telling you how much to buy to make your average a specific value). For this, I decided to make the calculations on my own.
Here, you can see the mathematical demonstration: mathcha.io/editor/YWvwOi9PFBOhLzm0KmcnrNwvlFMM481HgzmGoo
Here, you can see the mathematical demonstration: mathcha.io/editor/YWvwOi9PFBOhLzm0KmcnrNwvlFMM481HgzmGoo
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.