This is part of our Open Book series, you can start here if you did not read our first post.
It is a new beginning. After months of research and over two dozen interviews, I am proud to announce that I finally found a new job. I applied to at least a hundred positions online and received multiple offers from some of the biggest companies in Canada.
To clarify before we start, dollar-cost averaging (or DCA) refers to periodic investments regardless of the share price, whereas lump sum investing refers to investing in one single purchase. In other terms, DCA is when you have a sum to invest but wait a certain time frame to invest in multiple smaller purchases rather than investing as soon as you can.