[sgbuffett]

What the 1M65 founder advocates is to have 2  baskets.  One for DCA and the other ie dry powder for black swan events or severe crisis moments.

That is not the right strategy "most" of the time.

The reason being DCA in itself is quite powerful. The average buying price of DCA over a period is often over than the bottom of a collapse or correction. Hence keeping dry powder leads to poorer returns.

As this concept is counter intuitive read this article DCA is better than God to understand the disadvantage of keeping dry powder.

Waiting for a correction is often suboptimal


https://ofdollarsanddata.com/even-god-co...averaging/