What is Average Share Price, & Why Does It Matter?

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What is Average Share Price, & Why Does It Matter?

Dollar cost average, or DCA as many refer to it, is a powerful technique to use in the market, but the question is, why?

In this video I share with you how to find your average share price and why it’s important to keep track of it. I also share how to do averaging down and how to determine the best time to sell your stocks.

00:00 - Intro
00:37 - Average price per share and Dollar Cost Averaging.
02:07 - How to calculate your average share price.
07:48 - My Webull portfolio actual example.
10:02 - DCA and Dividend investing.

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Disclaimer.
The videos on this channel are for educational and general informational purposes only and are not intended to provide specific advice or recommendations for any individual. As such, it should
not take the place of consulting with a certified financial planner, CPA (or other tax professional), legal, or other financial advisor. While we try to provide accurate and timely information, it may not be suitable for your specific personal scenario or specific circumstances. I am a financial professional but without knowing your specific information you should consider what you learn here as general advice. If you want specific advice and coaching please contact us at hello@financialselfreliance.net. I am not a tax, legal or investment advisor representative.

Our coaching is based on the data and research found in the books The Millionaire Next Door, The Next Millionaire Next Door, and The Millionaire Mind by Thomas J. Stanley and Sarah Fallaw. It is also based on 20 years of my personal experience working with money.

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