I wrote a short introduction to dollar-cost averaging and investing for complete beginners. Still, it holds some critical points about risk management and the actual benefits of DCA that people often miss. Share it with somebody who started on the market or has lost conviction. The market is truly amazing — DCA into popular assets in the last 4 years gave nothing but spectacular results: Gold +35% S&P500 +41% Nasdaq 100 +51% Bitcoin +202% It's much better to look at DCA profits than a lump sum because this is what most of us do: invest a small amount from every paycheck. Most people DCA because they don't have a choice. You can only do it smart and follow a regular schedule, or… try to time the market and harm your results long-term. I wish you this week to be 🔥

Hey, Fireheads! Guillem and I are still in the trenches, but things are already happening here and there. If you visit the new Deltabadger website, you will see how dollar-cost averaging into different asset classes for the last 4-years worked (It's updated daily): - Unsurprisingly, Bitcoin beats everything, including Ethereum (more than 2X!). - However, another less understood fact: NASDAQ-100 beats S&P500 — here are my thoughts: 1. Even if you buy some broader market ETFs, most of their growth is delivered by huge companies from the top. It's true for any broad market fund. 2. Nasdaq-100 (ETFs like QQQ track) is more focused on the "top," and the tech sector since NASDAQ is more tech-oriented than NYSE. 3. I firmly believe that the 100 biggest companies are enough diversification, and you don't sacrifice anything by focusing on the biggest winners. 4. I argue that those biggest companies will capture an even more significant part of the market in the coming decade. Why? Because they deliver tools without which no other business is possible: AI and robots. I don't see a scenario where "small-caps" are growing, but Microsoft is struggling because a small business cannot operate without AI, and smaller companies cannot do AI well. What does it mean for you? Complement or replace the S&P 500 with the NASDAQ 100. Many already know QQQ, but few are aware of an even cheaper alternative, QQQM, that, thanks to a lower expense ratio (0.15% vs. 0.2%), is even a better choice for long-term investors. In the last decade, the NASDAQ-100 has grown, on average, 19% a year. This is significantly better than the S&P 500, and if you wonder what it means for you long-term, try our Coast FIRE Calculator. While not everybody is comfortable with holding a lot of Bitcoin — QQQM may be your next best bet in the long-term portfolio, and at the same time, it's not advice you hear very often. I believe that with high probability, it will become common sense in the next decade.

Good evening, Fireheads! Guillem and I are both building tonight, so no call. See you next Wednesday. *We're working hard to bring great new things for you, stay tuned.

1. Where are you from? 2. What do you do for fun? 3. Share a book or a movie you recommend.

See you in an hour!