Guide to Dollar Cost Averaging with Webull 📈💰

If you are someone who wants to start automating your investments or lack the discipline, consider having an automated “DCA” plan with Webull! 😎

For someone like me who can only afford to invest a small sum every month, I find it very troublesome to manually invest into my long term stocks.

Some days I completely miss out on investing due to my other commitments, and on other days I let my emotions take control (seeing the stocks go up means I may have “lost” the opportunity to buy low) 🤯

As such, having to automate your investments with Webull’s Regular Savings Plan (also known as Dollar Cost Averaging strategy) helps many of us to set aside some discipline in our long term plans ✨

𝗛𝗼𝘄 𝗱𝗼𝗲𝘀 𝗪𝗲𝗯𝘂𝗹𝗹'𝘀 𝗥𝗦𝗣 𝘄𝗼𝗿𝗸:

Webull’s Regular Savings Plan (RSP) aims to ease investors who are looking to DCA into their stocks without having to regularly monitor and purchase them by themselves.

All you have to do is to set up a plan and it will do all the investing in your preferred stocks/ ETFs.

𝗛𝗼𝘄 𝘁𝗼 𝘀𝗲𝘁𝘂𝗽 𝘁𝗵𝗲 𝗥𝗦𝗣:

1️⃣ Ensure that you deposit funds into webull (either through manual deposit or recurring deposit)

2️⃣ Exchange your currency from SGD > USD (or via their automated process)

3️⃣ Set up your DCA plan (Swipe to photo 5)

That’s actually it! Once you see the RSP confirmation, you are all set to go! Always ensure that you have funds in your account / bank and the automatically is almost 100% ✅

𝗡𝗼𝘁𝗲𝘀:

👉🏼 You must ensure that you have funds available for investing. Otherwise, the RSP will pause until there are sufficient funds

👉🏼 Regular fees apply. New users get 6 months of free comission

Save this post to help you kickstart your DCA strategy!

𝗥𝗲𝗹𝗮𝘁𝗲𝗱 𝗗𝗲𝗮𝗹𝘀 & 𝗣𝗼𝘀𝘁:

1. Sign up for Webull and earn free shares

2. Investment Product Guide

3. Best place to park your spare funds

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